News Centre

Shanghai Stock Exchange Studies, Implements Requirements Of 2017 National Securities And Futures Regulation Work Conference

Date 17/02/2017

On February 13, the Party Committee of the Shanghai Stock Exchange (SSE) held a meeting to timely publicize the requirements put forward at the 2017 National Securities and Futures Regulation Work Conference, earnestly study the speech delivered by Chairman Liu Shiyu of the China Securities Regulatory Commission (CSRC), and deploy the SSE’s major work items in 2017.

UK's Financial Conduct Authority: Express Gifts Ltd Enters Into £12.5m Redress Scheme

Date 17/02/2017

Express Gifts Ltd, a direct mail order and online business with permission to sell general insurance products, has entered into an agreement with the Financial Conduct Authority (FCA) to provide £12.5m redress to approximately 330,000 customers who were sold insurance that offered little or no value.

Montréal Exchange Interest Rate Derivative Trading Will Cease At 1:30 p.m. February 17, 2017 - Markets Closed February 20, 2017.

Date 17/02/2017

Interest rate derivative trading will cease at 1:30 p.m. today, February 17, 2017. Furthermore, the Exchange's markets will be closed on February 20, 2017.

The MiG Report January 2017 - TSX | TSX Venture Exchange

Date 16/02/2017

Please click here for the January 2017 MiG Report.  

CBOE Holdings Declares First-Quarter 2017 Dividend

Date 16/02/2017

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share of common stock for the first quarter of 2017. The first-quarter dividend is payable on March 24, 2017, to common stockholders of record as of March 3, 2017.

CBOE Holdings' Acquisition Of Bats Global Markets Expected To Close February 28 - Transaction Has Received Final Remaining European Regulatory Approval - Three Bats Directors to Join CBOE Holdings Board - Election Deadline For Bats Stockholders Set For February 24

Date 16/02/2017

CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) announced today that the companies expect to complete CBOE Holdings' acquisition of Bats Global Markets on February 28, 2017. Earlier this month, CBOE Holdings received its final remaining regulatory approval from the United Kingdom's Financial Conduct Authority (FCA), meaning that all U.S. and European regulatory clearances and approvals relating to the transaction have been received. Completion of the transaction remains subject to customary closing conditions.

Thomson Reuters Appoints Shawn Malhotra Vice President, Toronto Technology Centre

Date 16/02/2017

Thomson Reuters announced today that Shawn Malhotra has been appointed Vice President of the new Thomson Reuters Toronto Technology Centre. In this role, Shawn will help drive the centre’s focus on emerging skills such as cognitive computing, visualization, user experience and cloud development.

Convergex CEO Eric Noll: MiFID II - Where Will All The Research Analysts Go? The Below Market Commentary Was Written By Eric W. Noll, Convergex CEO

Date 16/02/2017

Summary: 

MiFID II, an upcoming piece of legislation from European Union regulators, upends the traditional linkage between trading commissions and investment research in ways both the money management and brokerage industries have yet to fully understand.  It will force both the explicit pricing of sell-side research and the defense of those expenses to asset owners by money managers.  Moreover, while this is an EU directive, we expect many global asset owners to eventually embrace its core principles of explicit pricing and transparency.  By virtue of our market leadership in the Commission Sharing Agreement business through Westminster Research, we stand ready to offer solutions and act as a guide to our money management clients as they face these new challenges. 

Mary Jo White Returns To Debevoise

Date 16/02/2017

Debevoise & Plimpton LLP yesterday announced that Mary Jo White, who served from April 2013 to January 2017 as Chair of the United States Securities and Exchange Commission, will return to legal practice at Debevoise and serve as Senior Chair of the firm. She was Chair of Debevoise’s Litigation Department from 2002 to 2013, prior to which she served as the United States Attorney for the Southern District of New York for nearly nine years.

New York Governor Cuomo Announces First-In-The-Nation Cybersecurity Regulation Protecting Consumers And Financial Institutions From Cyber-Attacks To Take Effect March 1 - Regulation Protects Consumer Data And Financial Systems From Terrorist Organizations And Other Cyber Criminals - Regulated Financial Institutions Must Establish And Maintain A Cybersecurity Program To Protect Consumers And The Industry - Regulation Emphasizes Compliance Culture At Top Levels Of The Institution

Date 16/02/2017

Governor Andrew M. Cuomo today announced the first-in-the-nation cybersecurity regulation to protect New York’s financial services industry and consumers from the ever-growing threat of cyber-attacks will take effect on March 1, 2017. The final regulation requires banks, insurance companies, and other financial services institutions regulated by the Department of Financial Services to establish and maintain a cybersecurity program designed to protect consumers’ private data and ensure the safety and soundness of New York’s financial services industry.