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  • ETFGI Reported That Assets Invested In ETFs/ETPs Listed In Asia Pac Ex-Japan Increased By A Record US$34.8 Billion During The First 11 Months Of 2017

    Date 21/12/2017

    ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) increased by a record US$34.8 billion during the first 11 months of 2017, the greatest annual increase on record, to reach a new high of US$164 billion at the end of November.
     

  • Tokyo Stock Exchange: New Platform For Green And Social Bonds

    Date 21/12/2017

    Tokyo Stock Exchange, Inc. (TSE) will be launching a dedicated platform on our official website for both Green and Social bonds (*). The platform will be available from January 22, 2018 as part of our professional-oriented bond market, TOKYO PRO-BOND Market. The platform will allow issuers to post information about Green and Social bonds directly on Tokyo Stock Exchange's official website.

  • ETFGI Reports Active ETFs And ETPs Have Gathered 24 Billion US Dollars In Net New Assets In The First 11 Months Of 2017

    Date 21/12/2017

    ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today Active ETFs and ETPs have gathered 24 billion US dollars in net new assets in the first 11 months of 2017.

  • MAS Issues Prohibition Orders Against Dennis Tey Thean Yang For Unauthorised Trading And Fraud

    Date 21/12/2017

    The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Tey Thean Yang Dennis. Mr Tey will be prohibited for a period of 5 years from:

    (i) performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA); and

    (ii) providing any financial advisory services, and taking part in the management, acting as a director or becoming a substantial shareholder of any financial advisory firm under the Financial Advisers Act (FAA).

    2   Between 24 October 2012 and 8 January 2013, Mr Tey used different trading accounts to enter false orders in underlying securities, in order to temporarily change the prices of their corresponding Contract for Differences (CFD). Mr Tey then executed CFD trades at the changed prices, before removing the false orders for the underlying securities. This caused the CFD prices to move in a direction that was beneficial to him but detrimental to the CFD providers. He made a total profit of $30,239 through the scheme.

    3   On 22 March 2017, Mr Tey was convicted of six charges under section 201(a) of the SFA for employing a scheme to defraud and two charges under section 201(b) of the SFA for unauthorised trading. He was sentenced to a total of 16 weeks’ imprisonment.1

    4   The prohibition orders against Mr Tey were issued by the MAS pursuant to section 101A of the SFA and section 59 of the FAA and took effect from 21 December 2017.

  • ASIC Releases Guidance On Sell-Side Research

    Date 21/12/2017

    ASIC today released regulatory guidance on managing conflicts of interest and handling inside information by Australian financial services (AFS) licensees that provide sell-side research.