Following the introduction of corporate bond futures, Eurex – a part of Deutsche Börse Group – once again acts as first mover in the fixed income derivatives markets. To further support the financial industry in hedging their portfolios, Europe’s leading derivatives exchange launches options on fixed income ETFs. As of November 20, Eurex will offer…
Read more
The Financial Industry Regulatory Authority (FINRA) has today announced several changes to its advisory committees to increase transparency around the committees and improve their effectiveness as a vehicle for firms to provide input on key issues before FINRA, including on existing and proposed rules. The changes—the first phase of a series of FINRA Board of…
Read more
ASIC informed that Mr Jin Xi Li, 54, of Caloundra, Queensland, appeared in the Maroochydore Magistrates Court today charged with 88 insider trading related offences. Mr Li was charged under section 1043A of the Corporations Act following an ASIC investigation into trading in Contracts for Difference (CFD) and the ordinary shares of PanAust Limited (PanAust…
Read more
Bell Potter Securities Limited has paid a penalty of $358,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP), ASIC informed earlier today. The ASIC Market Integrity Rules (ASX Market) 2010: prohibit a market participant from making bids on its own behalf with the intention, or having the effect,…
Read more
Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 99% regarding the disclosure of the 3rd quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period. 64 listed companies out of 65, local and foreign,…
Read more
Singapore Exchange (SGX) announced that it has today welcomed Hong Kong-based Xin Hua Securities to its derivatives market as a Trading Member. Michael Syn, Head of Derivatives at SGX said: We are pleased that Xin Hua Securities has joined SGX as a Derivatives Trading Member as we continue to expand our footprint in Greater China.…
Read more
The Financial Markets Authority (FMA) informed that it has concluded an investigation into certain trading activity by Goldman Sachs New Zealand LTD (GS). The GS investigation was prompted by concerns arising from an investigation into trading by Mark Warminger and Milford Asset Management. The FMA was concerned that GS trading may have been in breach…
Read more
European Commodity Clearing (ECC) and the Allocated Bullion Exchange (ABX) announced that they have agreed to cooperate in the field of clearing and settlement. ABX, established in 2011 with its headquarters in Brisbane / Australia, operates the exchange platform for spot allocated physical precious metals, offering trading services for gold, silver and platinum contracts. Under…
Read more
Toronto based Omega Securities Inc. has announced that it plans to vigorously oppose a temporary order that is being sought by staff of the Ontario Securities Commission (“OSC”), Canada's largest securities regulator, to suspend the registration of, and cease trading of any securities by the company, effective Friday, November 17. Omega’s trading platforms account for…
Read more
Tokyo Financial Exchange (TFX) informed that it has decided to introduce Daily futures based on gold bullion ETF Index price and Daily futures based on Crude oil ETF Index price on Click Kabu 365 market. Toward the planned launch in the 1Q of FY 2018 (April 2018 –June 2018), the exchange will determine the contract…
Read more