News Centre

Hong Kong's Securities And Futures Commission Commences MMT Proceedings Against Yorkey Optical International (Cayman) Limited, Its CEO And Financial Controller For Late Disclosure Of Inside Information

Date 06/04/2016

The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Yorkey Optical International (Cayman) Limited (Yorkey) for failing to disclose price sensitive information as soon as reasonably practicable.

FIA Pledges To Continue Working With Basel Committee On Impact Of Capital Requirements

Date 06/04/2016

FIA welcomed the Basel Committee's consultation on proposed revisions to the leverage ratio today, but expressed disappointment that the new framework does not include an offset for initial margin. The Committee called for data to further evaluate this critical issue, and FIA pledged to continue working with regulators and industry members to address on the impact of the leverage ratio on clearing.

Pay It Forward: Regulator Plans To Help The UK Become A World Leader In Payments

Date 06/04/2016

The Payment Systems Regulator (PSR) has today spoken of its intention to foster a culture of innovation and competition that will help the UK to become a world-leader in the development of payments systems.

Fidessa And Alpha Omega Partner To Offer One-Stop-Shop For Post-Trade - Fidessa Partnership Program Extended To Drive Further Momentum In Post-Trade Arena

Date 06/04/2016

Fidessa group plc (LSE: FDSA) today announced it has signed a partnership agreement with Alpha Omega that will leverage Fidessa's post-trade Affirmation Management Service (AMS). This utility provides alternative low-cost affirmation processing to Fidessa's extensive community of buy-sides and sell-sides world-wide.

GFCI 19 Launched Today - London Remains On Top And Singapore Climbs To Third Place

Date 06/04/2016

Today Z/Yen publishes the nineteenth Global Financial Centres Index (GFCI 19) The Index rates 86 financial centres. The top ten are shown to the right. Full details are available here.

Misys Enables Online Trading Direct From Customers’ Bank Accounts - Partnership With Dorsum Delivers Powerful Online Brokerage Capabilities

Date 06/04/2016

Misys has partnered with Dorsum, an innovative investment software provider, to integrate online brokerage functionality in its Misys FusionBanking Essence digital channels software. The new FusionBanking Essence Online Investments solution enables banks’ clients to execute full-scale retail brokerage activity seamlessly from their online banking account.

SWIFT Names Finalists For The 2016 SWIFT Institute Challenge - Seven UK-Based University Student Teams Have Been Selected To Compete For A 15k GBP Prize At SWIFT’s Business Forum London Event

Date 06/04/2016

SWIFT Institute announces today that it has selected seven university student teams to compete in the inaugural SWIFT Institute Challenge at the SWIFT Business Forum London on 20 April at Tobacco Docks.

SGX Reports Market Statistics For March 2016

Date 06/04/2016

Securities

• Total Securities market turnover value rose 13% month on month and rose 9% year on year to S$27.3 billion, during 22 trading days compared to 19 in February 2016 and 22 in March 2015.
• Securities daily average value (SDAV) fell 2% month on month and rose 9% year on year to S$1.2 billion.  
• Market turnover value of Exchange Traded Funds (ETFs) was S$314 million, up 51% month on month and down 13% year on year.
• There was 1 new Catalist listing, raising S$7.2 million.
• There were 36 new bond listings, raising S$21.3 billion.
• Total market capitalisation value of 770 listed companies stood at S$894.3.billion as at end March 2016.

ASIC Commences Civil Penalty Proceedings Against Westpac For BBSW Conduct

Date 06/04/2016

ASIC has commenced legal proceedings in the Federal Court in Melbourne against Westpac Banking Corporation (Westpac) for unconscionable conduct and market manipulation in relation to Westpac's involvement in setting the bank bill swap reference rate (BBSW) in the period 6 April 2010 and 6 June 2012.

Dubai Strengthens Position As Global Leader For Sukuk Listings At USD 42.31 Billion - Nasdaq Dubai Welcomes Listing Of Two Sukuk From The Government Of Indonesia Valued At USD 2.5 Billion

Date 06/04/2016

• Total Sukuk listings on the exchange by Indonesian government reach USD 8.5 billion
• Market’s expansion supports Dubai’s growth as global capital of Islamic Economy