News Centre

Market Turmoil Knocks IPOs But Positive Signs Of Growth In The Pipeline - Majority Of Companies Listing In The Last Six Months Currently Underperforming The FTSE 100 - Despite Mixed Performance No Shortage Of Companies Seeking To Come To Market

Date 15/06/2011

The majority of IPOs that have come to market since the end of 2009 are now underperforming the FTSE 100 since issue, according to the latest Deloitte IPO barometer. The last six months have been particularly difficult for IPOs and this latest analysis is in stark contrast to the November 2010 barometer, when six out of nine listings were overwhelmingly outperforming the FTSE.

Phillip Securities Japan., Ltd Selects Patsystems

Date 15/06/2011

Patsystems, the trading and risk management solutions provider to the derivatives industry, is pleased to announce that it has signed a software license agreement with Phillip Securities Japan., Ltd in Tokyo, a securities brokerage firm and wholly owned member of Phillip Capital. 

Japan's Financial Services Agency: Results Of The Field Tests Of Economic-Value Based Solvency Regime

Date 15/06/2011

The Financial Services Agency (FSA) has conducted field tests covering all insurance companies, with a view to introducing an economic value-based solvency regime, and has summarized the results as follows.

Shenzhen Stock Exchange Sector Indices Issued Today

Date 15/06/2011

Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. declared today to issue the SZSE sector index series on June 15, 2011, including SZSE energy sector index, SZSE raw material sector index, SZSE industrial sector index, SZSE consumer discretionary sector index, SZSE consumer staples sector index, SZSE health care sector index, SZSE financials sector index, SZSE IT sector index, SZSE telecommunication services sector index, and SZSE utilities sector index, taking December 31, 2004 as the base date, and 1000 points as base point.

May 2011 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 15/06/2011

U.S. Equities Market Share

• In May 2011, off-exchange trading accounted for 30% of the shares traded in NMS EquitySecurities.
• Share volumes traded across Tape A, B, and C increased 7% monthly and decreased 35% annually to 152 billion shares 
• Share volumes in NYSE-listed securities increased 1% monthly and decreased 39% annually to 80 billion shares.
• NASDAQ-listed securities traded over exchange increased 11% monthly and decreased 21% annually to 43 billion shares.

Component Changes Made To Dow Jones Country Titans Indexes - Changes Are The Result Of The Regular Quarterly Review

Date 15/06/2011

Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Country Titans Indexes. Changes being announced today will be effective after the close of trading on Friday, June 17, 2011.

Opening Statement, Public Meeting on Dodd-Frank Act, CFTC Commissioner Michael V. Dunn

Date 14/06/2011

Thank you all for joining us today for another meeting regarding the Dodd-Frank Act.

Federal Reserve: Approval Of Proposal By Mitsubishi UFJ Financial Group To Acquire Up To 24.9 Percent Of The Voting Shares Of Morgan Stanley

Date 14/06/2011

The Federal Reserve Board on Tuesday announced its approval of the proposal by Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan, to acquire up to 24.9 percent of the voting shares of Morgan Stanley, New York, New York, and thereby indirectly acquire an interest in Morgan Stanley's subsidiary banks, Morgan Stanley Bank, National Association, Salt Lake City, Utah; and Morgan Stanley Private Bank, National Association, Purchase, New York.

"Two Species" - Opening Remarks Of CFTC Commissioner Bart Chilton Before The European Commission

Date 14/06/2011

Thank you for the invitation to be with you. It is an honor, particularly to be on the panel with Commissioner Barnier.

SIFMA Statement On CFTC Announcement On Swap Market Rules

Date 14/06/2011

SIFMA today issued the following statement from Ken Bentsen, Executive Vice President, following the announcement by the U.S. Commodity Futures Trading Commission that it would address the issue of certain provisions of new swap market rules that are scheduled to go into effect next month but rely on or require other rulemakings, which are not yet finalized:

“SIFMA welcomes the CFTC’s recognition that the looming July 16th deadline presents a serious problem and raises questions of legal certainty around swap transactions absent the completion of the rulemaking process.  We will review the details as soon as they are released to determine if today’s action sufficiently addresses the question of legal certainty for existing transactions and those entered into before final rules are effective. The Dodd-Frank Act creates an entire new legal framework and entails a complex rulemaking agenda; we encourage and appreciate efforts to get it right and to ensure markets are not disrupted while this important rulemaking proceeds.”