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  • HKEX CEO Charles Li: Latest Charles Li Direct: Three Steps To Developing Our Fixed Income And Currency Business

    Date 24/05/2016

    HKEX kicked off its third annual RMB FIC Conference today, and to coincide with the conference CEO Charles Li has published his thoughts on how Hong Kong can develop a comprehensive FIC ecosystem.

    In Li’s view, a truly successful financial centre needs to be able to price companies, goods, and money.  Hong Kong is already a leader in equities, and is gaining a solid footing in commodities.  But HKEX’s FIC business is just at the beginning stages, so Li has outlined three key steps necessary to develop the FIC market. They include building the right platform, having the right products, and developing cross-market connectivity. Read more now.

  • MAS Directs BSI Bank To Shut Down In Singapore

    Date 24/05/2016

    The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to withdraw its status as a merchant bank in Singapore for serious breaches of anti-money laundering requirements, poor management oversight of the bank’s operations, and gross misconduct by some of the bank’s staff.

  • FIA President And CEO Walt Lukken Statement On NFA President Dan Roth's Retirement

    Date 24/05/2016

    Upon the announcement that National Futures Association (NFA) president and CEO Dan Roth is retiring, FIA President and CEO Walt Lukken released the following statement thanking him for his service to the industry:

    “During his three decades at NFA, Dan has been a pillar of our industry, committed to efficient markets that operate with transparency and integrity.  In his tenure as CEO, our industry has undergone extraordinary changes, and Dan’s vision and leadership helped make that transition as smooth as possible. I’ve had the privilege of working with him in a variety of roles and I value his expertise and counsel. While I congratulate him on his retirement, I’m sad to see him go.  Oh behalf of FIA and our membership, I thank him for his service and I wish him all the best.” 

  • Deutsche Asset Management To Switch Three ETFs To The Bats ETF Marketplace From NYSE Arca - Becomes Third Issuer To Switch Listings To Bats

    Date 23/05/2016

    Bats Global Markets, Inc. (Bats: BATS), the #1 U.S. market for the trading of exchange-traded funds (ETFs), today announced that Deutsche Asset Management is switching the primary listing of three funds to the Bats ETF Marketplace from NYSE Arca on or about June 9, 2016.

  • National Futures Association CEO Daniel Roth To Retire - Board Begins Search For Successor

    Date 23/05/2016

    NFA announced today that President and CEO Daniel Roth has announced his plan to retire in the coming year. NFA's Board of Directors has authorized the formation of a committee to conduct a search for his successor. The search will consider both internal and external candidates.