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  • Nasdaq Appoints Nikolaj Kosakewitsch As New President Of Nasdaq Copenhagen

    Date 09/02/2017

    Nasdaq Inc. (NASDAQ: NDAQ) today announced that Nikolaj Kosakewitsch has been appointed President of Nasdaq Copenhagen A/S. Nikolaj joins Nasdaq from Carnegie Investment Bank, where he most recently served as Head of Securities, Denmark.

  • Ingosstrakh Insurance Company Insures NSD’s Risks For US$65 Million

    Date 09/02/2017

    National Settlement Depository (NSD), Russia’s central securities depository, and Ingosstrakh Insurance Company, one of Russia's leading insurers, have concluded a one-year complex insurance agreement. The policy liability limit has been set at US$65 million for all claims for the duration of the policy. Given the insurance cover scale, the main re-insurers behind the policy include Lloyd’s syndicates (UK) specialized in re-insurance of such risks.

  • Neptune Continues Liquidity Expansion In First Few Weeks Of 2017

    Date 09/02/2017

    Neptune Networks Ltd. "Neptune", the open-standard network for bond real-time AXE indications, today announced the addition of Nomura and Jefferies to its network.

  • Dalian Commodity Exchange Implements Requirements Of Central Government’s Policy Document

    Date 09/02/2017

    The No. 1 Document released by China’s central government in 2017 is named “Some Opinions of the CPC Central Committee and the State Council on Deepening the Advancement of the Supply-side Structural Reform in Agriculture and Accelerating the Cultivation of New Driving Forces for Agricultural and Rural Development”, which clearly requires to “deepen advancement of developing the futures and options market for agricultural products, vigorously direct the agriculture-related enterprises to use futures and options to manage price risks, and steadily expand the pilot program of ‘Insurance + Futures’”.

  • SIFMA: Co-plaintiff Statement On Court Ruling To Uphold Labor Department's Fiduciary Rule

    Date 09/02/2017

    The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association (Co-plaintiffs) issued the following statement in response to today's ruling on their lawsuit against the Department of Labor's fiduciary rule:  

    "We continue to believe that the Department of Labor exceeded its authority, and we will pursue all of our available options to see that this rule is rescinded.  While we have long supported a best interest standard, this is a misguided rule that will harm retirement savers and financial services firms that provide needed assistance and options to their clients, including modest savers and small business employees.  The President's recent directive to the Department, reflecting well-founded, ongoing and significant concerns about the rule, is a welcome development." 

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