News Centre

LSEG To Acquire Mergent Inc.

Date 21/11/2016

• Mergent Inc. is a leading provider of business and financial information on public and private companies
• Acquisition supports FTSE Russell’s core index offering, especially in the creation of factor-based, passive investment products
• Adds to LSEG’s data and analytics capabilities
• Strong investor demand for underlying benchmark data and analysis tools

Eris And R.J. O'Brien Fixed Income Group Release Second Hedge Accounting Paper - Newest Case Study Illustrates How To Successfully Obtain Fair Value Hedge Accounting Treatment When Using Eris Swap Futures

Date 21/11/2016

Eris Exchange (Eris) and an institutional fixed income brokerage group at R.J. O'Brien & Associates(RJO), the nation's oldest and largest independent futures brokerage and clearing firm, today released another third-party accounting case study outlining how Eris Interest Rate Swap Futures can receive the same favorable hedge accounting treatment as that applied to over-the-counter (OTC) swaps. Following up on the case study released last month addressing cash flow hedge treatment, the RJO Fixed Income Group commissioned the latest study, concluding that Eris Swap Futures may successfully receive fair value hedge accounting treatment and providing a concrete example of how to achieve hedge effectiveness.

Bank Of England Consultation On Restoring The Deposit Protection Limit To £85,000

Date 21/11/2016

The Bank of England is consulting on plans to restore the limit of protection provided by the Financial Services Compensation Scheme (FSCS) to deposits with firms authorised by the Prudential Regulation Authority (PRA) to £85,000. The protection limit is currently £75,000. It would be raised from 30 January 2017, but firms would have until 30 June 2017 to implement the necessary changes to systems and materials.

Thai Listed Firms’ Q3 Earnings Leap 252 Pct To THB 209 Billion

Date 21/11/2016

• Lower costs boosts gross profit margins up y-o-y to 23.7 pct
• Debt to equity ratio (excluding Financials industry) kept strong at 1.22 times at end of Q3/2016
• Nine-month net profits worth THB 681 billion, up 35 pct from same period of last year

THEAM Further Strengthens Indexing And ETF Team With Two Additional Hires

Date 21/11/2016

THEAM, BNP Paribas Investment Partners’ indexing, model-driven and capital-protected investment specialist, has further strengthened its indexing and ETF team with the appointments of Lorraine Sereyjol-Garros and Déborah Tempesta.

Hong Kong's Securities And Futures Commission Bans Benedict Ku Ka Tat For One Year And Fines Him $150,000

Date 21/11/2016

The Securities and Futures Commission (SFC) has prohibited Mr Benedict Ku Ka Tat, a former employee of The Pride Fund Management Limited, from re-entering the industry for one year from 18 November 2016 to 17 November 2017 and fined him $150,000 for failings relating to his sale of a fund to a client (Note 1).

HKEX: Stock Exchange Participants' Market Share Report

Date 21/11/2016

Source - 2017 Market Outlook: Cash And Sovereign Debt Favoured Due To Low Volatility And Correlation With Other Assets

Date 21/11/2016

Investors should expect equities and real estate to deliver the best returns in 2017, according to the 2017 Market Outlook from Source, one of the largest providers of Exchange Traded Funds (ETFs) in Europe.

AGM Best Practice Guide For Listed Companies Launched With The Support Of Bursa Malaysia

Date 21/11/2016

A Best Practice Guide on Annual General Meetings (“AGM Guide”) by the Malaysian Institute of Chartered Secretaries and Accountants (“MAICSA”) was launched today. The AGM Guide which is supported by Bursa Malaysia Berhad (“Bursa Malaysia”) aims to provide guidance for directors of public listed companies (PLCs) in conducting AGMs, and ensuring that the AGM is managed and conducted in a transparent manner and in the best interests of the shareholders.

Thomson Reuters Named Benchmark Administrator & Calculation Agent For The Saudi Arabian Interbank Offer Rate (SAIBOR)

Date 21/11/2016

Thomson Reuters announced today that it was selected as benchmark administrator and calculation agent for the Saudi Arabian Interbank Offer Rate (SAIBOR). The appointment is part of an agreement with the Saudi Arabian banking industry. The arrangement is authorised by the Saudi Arabian Monetary Authority (SAMA), as part of its regulatory mandate over the banking sector, where this initiative will enhance the governance process for setting SAIBOR and will bring further transparency and reliability to the process.