News Centre

CBOE Holdings Announces Plans To Launch Options On S&P Select Sector Indices

Date 12/09/2017

• Options will be available on 10 sectors that comprise the S&P 500®, pending regulatory approval
• Expected to hold particular market appeal for European investors interested in targeted exposure within key U.S. equity benchmarks
• Further expands CBOE's successful suite of products tied to S&P Dow Jones Indices, with trading and settlement features similar to CBOE's S&P 500 options (SPX)

Shenzhen Stock Exchange And China Securities Depository and Clearing Company Solicited Opinions From The Public On The Amendments To The Rules For Stock Pledged Repo Transactions

Date 12/09/2017

In order to further focus on the positioning of stock pledged repo transactions in serving the real economy, control business risks and regulate the business operation, Shenzhen Stock Exchange (‘SZSE’) and China Securities Depository and Clearing Company Limited (‘CSDCC’) jointly promulgated the Measures for the Administration of Stock Pledged Repo Transactions and Depository and Clearing Business (Exposure Draft in 2017) under the approval by China Securities Regulatory Commission (‘CSRC’), and solicited opinions from the public.

Solactive Announces The Launch Of The First Intuitive Beta™ Indices - Providing Access To Intuitive And Easy-To-Grasp Investment Concepts

Date 12/09/2017

The new Solactive Intuitive Beta™ Indices constructed around intuitive themes such as workforce efficiency, corporate longevity and value investing are being rolled out. The Solactive Intuitive Beta™ is an innovative investment approach constituting the bedrock of a series of smart beta indices in which intuition, or gut feeling, takes a prominent role in defining the passive investment strategy.

Shenzhen Stock Exchange: Strong Growth Momentum Of Blue-chip Companies On The Main Board

Date 12/09/2017

In the first half of 2017, Companies listed on the main board have witnessed a steady increase in their operating revenue and a significant boost in profitability, and are expected to maintain the strong growth momentum. Their performance could be characterized as follows:

First, blue chip companies are prosperous with improving performance.

ASIC: Merrill Lynch (Australia) Futures Pays $60,000 In Infringement Notice Penalty

Date 12/09/2017

Merrill Lynch (Australia) Futures Limited (“MLAF”) has paid a penalty of $60,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“the MDP”).

Shenzhen Stock Exchange: Rapid Growth In Revenues And Profits Of Companies Listed On SME Board In First Half Of 2017

Date 12/09/2017

As per the semiannual reports disclosed by 887 companies on the SME board as of August 31, 2017, operating revenue amounts to CNY1.935 trillion on average, up by 26.68% compared with the same period in 2016; net profits are CNY 144 billion, up by 23.20% compared with 2016. In the first half of the year, revenues and profits of SME-board listed companies are growing rapidly, reflecting the vitality of SMEs and the private economy at a time of industrial structuring and economic transition.

November Oman Cargo Sold At OSP +$0.09: DME Auctions

Date 12/09/2017

Dubai Mercantile Exchange hosted its latest auction on Tuesday (September 5), on behalf of Oman’s Ministry of Oil and Gas (MOG) 

Strategic Emerging Industries Company Listed On The ChiNext Handed In Eye-Catching Performance Results In The First-half Year Of 2017

Date 12/09/2017

In the first half of 2017, the companies listed on the ChiNext grew steadily in performance, playing more prominent role in the implementation the innovation driving development strategy, serving economy transformation and upgrading.

United States Files Civil Fraud Complaint Against Former Deutsche Bank Head Of Subprime Mortgage Trading - Defendant Involved In The Sale Of Over $1 Billion In Deutsche Bank Residential Mortgage-Backed Securities

Date 12/09/2017

The United States today filed a civil complaint in federal court in Brooklyn, New York, against Paul Mangione, former Deutsche Bank head of subprime trading. In its complaint, the United States alleges that Mangione engaged in a fraudulent scheme to misrepresent the characteristics of loans backing two residential mortgage-backed securities (RMBS) that Deutsche Bank sold to investors that resulted in hundreds of millions of dollars in losses. This suit is brought pursuant to the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) and seeks an appropriate civil penalty.

SEC: Commission Statement On T+2 Implementation

Date 12/09/2017

Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Commission adopted earlier this year.  The move to a two business day standard settlement cycle – or T+2 – was the product of extensive preparation and coordination among regulators and industry.  This change represents a significant milestone for the securities markets – the standard settlement cycle was last shortened in 1995 when it moved from five business days to three business days.  The first transactions covered by the amended rule settled on September 7, 2017.