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European Commission: Amendments To Settlement Finality Directive And Financial Collateral Directive: Frequently Asked Questions
Date 24/04/2008
What is the purpose of the Settlement Finality Directive and the Financial Collateral Directive? Directive 98/26/EC on settlement finality in payment and securities settlement systems (SFD) and Directive 2002/47/EC on financial collateral arrangements (FCD) are the two main Community instruments in the area of clearing and settlement and financial collateral. The SFD provides protection to both payment and securities settlement systems in case of the default of a particip
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FINRA Alert Cautions Investors On Speculating With Catastrophe Bonds And Other Event-Linked Securities
Date 24/04/2008
The Financial Industry Regulatory Authority (FINRA) issued an Investor Alert today warning investors about the risks of speculating on natural disasters with event-linked securities, such as catastrophe bonds or "cat bonds." Cat bonds offer high yields but can quickly lose most or all of their value if a triggering event, such as a hurricane, earthquake or pandemic, occurs in specified geographical regions.
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Do More To Protect Customers' Personal Details, Warns UK’s Financial Services Authority
Date 24/04/2008
The Financial Services Authority (FSA) is urging firms to change their attitude to data security and do more to help prevent their customers falling victim to identity fraud and other types of financial crime.
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HKEx: Poll Results At The 2008 Annual General Meeting And Re-Appointment Of Government Appointed Directors
Date 24/04/2008
Poll Results at the 2008 Annual General Meeting
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Deutsche Börse Europe’s Market Leader In ETF Trading Highest Turnovers And Most Varied Offering Of All European exchanges - Deutsche Börse Awarded Prestigious ETF Prize For Fourth Time In A Row
Date 24/04/2008
Deutsche Börse is still European market leader in trading exchange traded funds (ETFs) in the first quarter of 2008. The XTF segment achieved a turnover volume of €31.9 billion in the first three month of 2008 and thus recorded the largest trading volume of all European ETF marketplaces, followed by NYSE Euronext, Borsa Italiana and the London Stock Exchange. In addition, with currently 316 listed ETFs, Deutsche Börse offers investors and trading participants a broader variety of products tha
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The NASDAQ Stock Market Wins Award As Largest Exchange For ETFs In The Americas For Fourth Consecutive Year - Plans Are Underway For Trading ETFs On the NASDAQ OMX Pan European Market
Date 24/04/2008
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that The NASDAQ Stock Market(r) (NASDAQ(r)) has won the "Largest Exchange for ETFs" in the Americas award, as measured by dollar turnover, for the fourth consecutive year. NASDAQ is also the recipient of the "Largest Exchange for ETFs" in the Americas award, as measured by share volume. The awards were presented on April 17, 2008 by Exchangetradedfunds.co
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PLUS Wins Best Trading Platform Award
Date 24/04/2008
PLUS Markets has just been awarded 2008 Best Trading Platform by World Finance, a leading financial magazine with a global distribution network.
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Supervisory Board Of STOXX Limited Elects Chairman - Werner Bürki Of SWX Swiss Exchange Elected For Second Consecutive Term
Date 24/04/2008
STOXX Limited, the leading European index provider, today announced that Werner Bürki, a member of the management committee of the SWX Swiss Exchange and CEO of EXFEED Ltd., has been elected chairman of the supervisory board of STOXX Limited.
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Hans-Ole Jochumsen Appointed New CEO Of OMX AB
Date 24/04/2008
On a Board meeting on April 23, 2008, Hans-Ole Jochumsen was appointed CEO of OMX AB.
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NZX Listed Finance Company Update
Date 24/04/2008
NZX has been working today with all listed finance companies, and listed companies with significant finance company subsidiaries, on NZX's request for information of Friday 18 April. The purpose of the request was to ensure that those companies: Confirm that they are in compliance with their continuous disclosure obligations under the NZX Listing Rules, and Provide a set of salient operating metrics to ensure the market is fully informed, or Whe
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