Industry news
Date: Nov 13, 2012
November 13, 2012: Glitch stops NYSE trading in 216 companies; DTCC Weighs Legal Action Over CME Swaps Lawsuit; Direct Edge plans new retail investor service
NYSE Euronext’s moves a set of listings to new technology… and spends the day scrambling to try and restore trading on those companies. Clearing company DTCC joins the fight between CME Group and the CFTC on swap reporting, lining up with the CFTC against CME Group’s lawsuit requesting a halt to new incoming regulations. Direct Edge plans new fees for individual investors in order to attract new volume from that trader population. In today’s First Read, get a preview of a new JLN video series, “Restoring Customer Confidence,” and see the JLN interview with Nodal Exchange’s Paul Cusenza, who talks about the power industry and Nodal Exchange’s prospects.
First Read
Coming November 15: Restoring Customer Confidence Video Series Launch
MarketsWiki.tv
In the aftermath of the MF Global collapse, fraud at Peregrine Financial Group and high profile high-frequency trading shocks, John Lothian News asks – how do you restore customer confidence and bring traders back?
John Lothian News interviewed more than a dozen professionals in the industry to get their ideas and solutions. As these ideas become practice, or as new concepts are adopted by the industry, we will continue to add them to the site.
This video series addresses solutions by category: Protection Fund, Confirmations, Daily Reports, Third-Party Custodians, Ratings, Customer Segregation, Regulatory Changes, HFT Rules.
Visit MarketsWiki.tv over the next several weeks for new ideas and solutions.
++++
Nodal Exchange CEO Paul Cusenza Discusses The Grid and How Power Trading is Changing
Nodal Exchange CEO Paul Cusenza spoke with JLN Editor-in-Chief Jim Kharouf about how the power markets are changing, the impact of Dodd-Frank on the industry and the growth potential for Nodal Exchange and the power markets. Nodal Exchange is the first commodities exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American power markets.
++++
NYSE Euronext U.S. Options Exchanges First to Expand Short Term Options Program To Five Consecutive Weekly Expirations
NYSE Euronext’s U.S. options exchanges, NYSE Amex and NYSE Arca, today announced that they are the first exchanges to receive SEC approval to expand the listing and trading of their Short Term Option Series program from a single week to five consecutive weeks. Effective Thursday, November 15, 2012, the products will be available as follows: AAPL, BAC, BP, C and XLF on NYSE Arca Options and EEM, GLD, IWM, QQQ, and SPY on NYSE Amex Options.
jlne.ws/VXTYQ8
**CN: NYSE Amex was the first exchange to be approved to list and trade Short Term Option Series on single stocks and exchange-traded funds.
++++
Ulf Axman in place as Head of Sales for Cinnober
Ulf Axman, a well-known and established figure in the financial industry, has been appointed Head of Sales for the financial technology company Cinnober.
jlne.ws/SSxfQg
++++
UK regulatory push enters IT world
Philip Stafford – FT.com
UK authorities are pushing for banks to have back-up payments-messaging systems to the country’s main settlement house in a sign that the regulatory push to reduce systemic risk is extending into minimum IT requirements.
jlne.ws/SSxcUG
++++
Central clearing for OTC derivatives: the FX edition
Rob Gray – FOW
The G20 has called for all standardised OTC derivatives to be centrally cleared by the end of 2012 with the intention to de-risk the markets. Sensibly, the regulators have put in place a staggered implementation requirement such that banks and brokers can deploy the necessary technology and processes for centrally clearing relatively straightforward derivative instruments before moving on to more complex asset classes.
jlne.ws/SSxcUI
++++
US lawsuits spur sale of trading cost analysis tools
Tom Osborn – Financial News
Lawsuits in America against custodians over fair prices on foreign exchange deals have driven up demand for transaction cost analysis tools.
jlne.ws/SSxcUK
++++
Chocolate Rush Hits Record as Cocoa Shortages Loom: Commodities
Isis Almeida – Bloomberg
Cocoa grinders are increasing output by the most in two years to meet record demand for chocolate, at a time when declining West African supply means the first shortages of beans in three seasons.
jlne.ws/SSxfQm
**CN: Prices will rise as much as 7.3 percent to 1,665 pounds ($2,646) a metric ton in the first half of 2013 in London, according to the mean of 17 analyst estimates compiled by Bloomberg.
++++
Chicago’s Spot Trading Named One Of “Best And Brightest Companies To Work For” In U.S.
Spot Trading LLC, a leading Chicago-based proprietary equity options trading firm, announced that the National Association for Business Resources (NABR) has again named the firm to its prestigious list of National Best and Brightest Companies to Work For. The honor, bestowed this year upon only 114 firms nationwide, follows the July announcement that Spot was named one of “Chicago’s 101 Best and Brightest Companies to Work For” by NABR for the second consecutive year.
jlne.ws/SSxfQp
++++
Ex-US defence official joins Newedge in China
Tom Osborn – Financial News
The head of the China office at Newedge, Europe’s largest futures broker, is set to depart the firm and will be replaced by a former intelligence officer in the US Department of Defense, Financial News has learned.
jlne.ws/SSxfQs
++++
New Twitter tool targets financial community
Tim Cave – Financial News
The latest in a string of technology start-ups offering financial analysis from social media sites has launched this week, in a sign of the growing desire among trading firms to use information from sites such as Facebook and Twitter to drive investment decisions.
jlne.ws/SSxdb6
++++
False Posts on Facebook Undermine Its Credibility
SOMINI SENGUPTA – NYTimes.com
The Facebook page for Gaston Memorial Hospital, in Gastonia, N.C., offers a chicken salad recipe to encourage healthy eating, tips on avoiding injuries at Zumba class, and pictures of staff members dressed up at Halloween. Typical stuff for a hospital in a small town.
jlne.ws/SSxfQu
++++
WILD Symposium – Industry in Transition on Thursday, December 6th in Chicago.
Keynote speakers and panelists include:
* Terry Savage, Author and Chicago Sun-Times Columnist
* Carol Burke, Senior Legal Advisor, Financial Markets, Federal Reserve Bank of Chicago
* Robin Ross, Principal, RSR Advisory LLC
* Liz Flores, CME Group, Executive Director, Client Development & Sales, Asset Managers
* Diane McFadden, ICE Clear U.S., Director of Chicago Operations
* Mary Beth Rooney, Citigroup Global Markets Inc., Director Futures Compliance, North America
* Christine Show, Newedge, Managing Director, Global Head of Listed Derivative Operations
WHO Women in Listed and OTC Derivatives
WHAT WILD Symposium: Industry in Transition
WHEN December 6th, 3:30 to 7:30pm
WHERE Federal Reserve Bank of Chicago (230 South La Salle Street)
RSVP Reserve your space by emailing events@womeninlistedderivatives.org and pay at the door by cash, check or credit card ($45 for WILD members, $75 for non members)
Thank you to our event sponsors: Orc and Henderson & Lyman
++++
JLN Metals
Analysis: Australian miners dig for precious new commodity cash
Reuters via Yahoo! News
SYDNEY/HONG KONG – Once darlings of the Australian mining boom, small and middle-tier prospectors are now running low on cash as commodities markets lose their lustre, pushing miners to look near and far for funds to keep afloat.
jlne.ws/SPY87B
Market Chatter: Barrick Gold’s Former Chief Sees Virtue in Being Small
Nasdaq
New Gold Inc. Executive Chairman Randall Oliphant, who helped build Barrick Gold Corp. into the world’s largest producer of the precious metal, says he prefers running a smaller gold miner than a big one, Bloomberg reported.
jlne.ws/SPY87E
Anglo American needs a strong CEO
Helen Thomas in London – FT.com
Ask anyone around the City of London who will be the next chief executive of Anglo American and you get the impression that one man is a shoo-in for the job.
jlne.ws/SPY7As
MarketsWiki
MarketsWiki Page of the Day
L. Brooks Entwistle
jlne.ws/RTc3ur
People
Bette Smith; Paul Cusenza; Alice Botis; L. Brooks Entwistle
Companies, Organizations and Groups
OptionsCity Software Inc.; Nodal Exchange
Statistics
30,679,259 pages viewed, 7,214 articles, 149,789 edits
MarketsWiki Statistics
Lead Stories
Glitch stops NYSE trading in 216 companies
Arash Massoudi in New York – FT.com
The New York Stock Exchange suspended trading in 216 companies, including US Steel and Travelers, for most of the trading day on Monday in the latest technology glitch to hit Wall Street.
jlne.ws/SSxdb7
DTCC Weighs Legal Action Over CME Swaps Lawsuit
Katy Burne – Dow Jones Newswires
The Depository Trust & Clearing Corp. said Sunday it is considering a response to a lawsuit CME Group Inc. (CME) filed last week against a federal regulator concerning the reporting of derivatives trades, noting that its options include “possible judicial recourse.”
jlne.ws/SSxg6I
Direct Edge plans new retail investor service
Market Watch
Electronic stock-market operator Direct Edge Holdings LLC plans to launch in December a new service aimed at capturing business from online brokerages. The program, which requires approval from U.S. regulators, will allot a special set of fees to orders originating from individual investors, according to a notice from Direct Edge.
jlne.ws/SSxg6L
Wall Street Damps Pay Expectations After 2011 Bonus Shock
Michael J. Moore – Bloomberg
Wall Street banks are deflating pay expectations to avoid a replay of last year when cutbacks on bonuses and increased deferrals surprised bankers and traders.
jlne.ws/SSxdbc
Leucadia to Acquire Jefferies
AARON LUCCHETTI – WSJ.com
A year ago, Jefferies Group Inc. Chairman and Chief Executive Richard B. Handler was fighting for his company’s life. Now, he is about to oversee a merger that will put one of the largest U.S. investment banks under the same roof as a beef processor, a timber company and a maker of plastic netting.
jlne.ws/SSxdbl
Greece raises funds to avoid default
Ralph Atkins in London – FT.com
Greece avoided an early default on Tuesday after raising sufficient funds in a treasury bill action to make a E5bn debt repayment due later this week.
jlne.ws/SSxdry
Regulatory
Bank break-up an option if ring-fence fails – Vickers
Reuters via Yahoo! News
LONDON – Britain could force banks to fully separate their retail operations from riskier areas if lenders fail to implement a “ring-fence” that sufficiently safeguards taxpayers or improves behaviour, the architect of the plan said on Monday.
jlne.ws/SSxgnh
Chair Of The European Securities And Markets Authority (ESMA) Steven Maijoor Spoke At Meet The Experts In London
This speech, entitled
jlne.ws/SSxdrA
Americans Favor Regulations More Than Romney Bargained On
By Jim Snyder – Bloomberg
Mitt Romney urged voters to reject President Barack Obama and his “job-killing” regulations. Obama’s victory last week shows many Americans aren’t as reflexively anti-Washington as Romney expected. In fact, presidents through history who aggressively used the tools of government at their disposal have won favor, and re-election.
jlne.ws/SSxgns
[Japan] FSA publishes Weekly Review No.20
jlne.ws/SSxgnt
AvoxData Launches New Regulatory File Service For Dodd-Frank Reporting
jlne.ws/SSxgnv
ESMA Announces Enforcement Priorities For 2012 Financial Statements
The European Securities and Markets Authority (ESMA) has published today
jlne.ws/SSxdrF
Exchanges & Trading Facilities
NYSE Euronext Announces Trading Volumes for October 2012
NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for October 20121. The industry decision to close the U.S. markets for two trading days due to Hurricane Sandy resulted in a 9% decrease in the number of trading days in October 2012 for NYSE Euronext’s U.S. cash equity and equity options markets.
jlne.ws/SSxgDK
Deutsche Börse and KfW open German Equity Forum in Frankfurt
The German Equity Forum was jointly opened on Monday by Deutsche Börse and KfW. Companies, investors and analysts can get and exchange information on the latest financial sector issues at the largest European capital market conference until 14 November in Frankfurt.
jlne.ws/SSxdrG
Miami Options Exchange Announces Last Planned Mock Trading Test Date
MIAX Options Exchange (“MIAX”) announced today that in preparation for a targeted December launch of its Options Trading Platform, pending SEC approval, the last planned industry mock trading testing will take place on: Saturday 12/1/12 – 9:00 a.m. – 1:00 p.m. ET
jlne.ws/SSxgDM
Financial Results At The End Of A Difficult Quarter Allow WSE To Focus On Strategic Initiatives
jlne.ws/SSxgDR
Hellenic Exchanges S.A. – HELEX 9M 2012 Financial Results
jlne.ws/SSxdrK
Direct Edge Trading Notice #12-53: New Retail Order Designation On EDGX
jlne.ws/SSxgDY
Hedge Funds & Managed Futures
Weintraub to Return Money in Transition to Family Office
Bloomberg
Weintraub Capital Management LP, the $1 billion San Francisco-based long-short equity hedge fund, will return money to investors and become a family office overseeing the wealth of founder Jerry Weintraub.
jlne.ws/SSxgUl
Advent raises largest post-Lehman buyout fund
Paul Hodkinson – Financial News
Transatlantic buyout firm Advent International has completed the private equity industry’s most successful fundraising since the financial crisis by raising E8.5bn in less than a year.
jlne.ws/SSxgUm
Ralston to join London public pension fund
Mark Cobley – Financial News
The £4.2bn London Pensions Fund Authority has appointed the founder of PhiRo Investment Consulting as a part-time adviser to its new chief investment officer.
jlne.ws/SSxgUr
October Hedge Funds Performance Update: Mixed
Zero Hedge
With the market largely flat in October, it is no surprise that the most prominent hedge funds performed largely in line with no notable outliers either in the positive or negative columns. Notable best and worst performers in October:
jlne.ws/SSxgUt
Dreyfus maiden interim profits fall 20%
Javier Blas, Commodities Editor – FT.com
Louis Dreyfus Commodities, the Geneva-based agricultural trading house, has reported a 20 per cent drop in maiden interim profits due to rising costs at its Brazilian sugar business.
jlne.ws/SSxdIe
MTU Aero Engines bond tradable in Prime Standard for corporate bonds
jlne.ws/SSxgUw
IPO by Chinese company Firstextile AG in the Prime Standard
jlne.ws/SSxhaQ
Banks & Brokers
Meet ‘Baby Berkshire’ – Jefferies’ new owner
Shanny Basar in New York – Financial News
The US investment bank Jefferies is set to join a broad stable of investments at Leucadia National that includes the Hard Rock Hotel & Casino in Mississippi and a beef processing company responsible for five billion pounds of live cattle a year.
jlne.ws/SSxhaU
Asquith joins Citigroup European board
Richard Partington – Financial News
Jonathan Asquith, the former vice-chairman and chief financial officer of Schroders, has joined the European board of Citigroup.
jlne.ws/SSxhaY
Goldman Sachs shutting South Korea asset management unit
Reuters
Goldman Sachs is shutting its South Korean asset management unit, exiting Asia’s third-biggest funds management market, a Hong Kong-based spokesman said on Tuesday.
jlne.ws/SSxhb2
UBS Said to Get Brazil Bank License After Two-Year Wait
Bloomberg
UBS AG , Switzerland’s biggest lender, obtained a license to operate as a bank in Brazil after seeking authorization for more than two years, according to a person with direct knowledge of the decision.
jlne.ws/SSxhb5
**CN: Another notable move into the Brazil market.
UBS Tells Why it Cut Off a Limb
FRANCESCO GUERRERA – WSJ
Of the three people of Italian descent invited to the virtual meeting, I was the first to turn up—an impressive achievement considering that the other two work for a Swiss bank. Even after the stragglers—Sergio Ermotti, chief executive of UBS AG, and Andrea Orcel, the head of its investment bank—arrived and the teleconference began, the conversation centered on timing.
jlne.ws/SSxdYI
JP Morgan media specialist moves to San Francisco
Matt Turner – Financial News
The head of the European media investment banking team at JP Morgan is to move to San Francisco to join its fast-growing internet and digital media business, marking the latest change to the bank’s telecoms, media and technology team.
jlne.ws/SSxhrk
DealBook: Julius Baer to Buy Stake in Italian Money Manager
New York Times
The Swiss bank Julius Baer has agreed to buy a 19.9 percent stake in Kairos Investment Management of Italy for an undisclosed amount.
jlne.ws/SSxhro
Barclays Probed by U.S. over Saudi Banking License
Dow Jones
Barclays PLC is under investigation by U.S. prosecutors seeking to determine whether it made improper payments to win a banking license in Saudi Arabia, risking further damage to the British bank’s already-tarnished reputation, the Financial Times in London reported Saturday.
jlne.ws/SSxdYR
Instinet Adds Truth On Call to Independent Research Platform
jlne.ws/SSxhrt
Clearing & Settlement
Questions over schedule as ECB moves to split T2S migration
Sophie Baker – Financial News
A plan to harmonise trade settlement across Europe is facing a third disruption to its schedule after questions arose about the safety of migrating the continent’s two biggest securities settlement houses to a new platform at the same time.
jlne.ws/SSxefa
Indexes & Products
ICAP’s UK Labour Market Indices demonstrate increased hiring demand in October despite a continued challenging employment market
jlne.ws/SSxhHO
Semi-Annual Changes to the NASDAQ Biotechnology Index
jlne.ws/SSxhHS
New ETF Starts Trading On BM&FBOVESPA
jlne.ws/SSxefg
Semi-Annual Changes To The NASDAQ Biotechnology Index
jlne.ws/SSxefj
Technology
Banca Afirme Selects SunGard’s Front Arena to Help Manage Its Treasury and Trading Business
Banca Afirme has selected SunGard’s Front Arena to help manage its treasury business. Front Arena will be implemented firm-wide in Monterrey and Mexico City to support trading and position management requirements through to settlement and accounting for all instrument types, including money market, exchange derivatives, stocks and over-the-counter (OTC) derivatives.
jlne.ws/SSxhI0
Bloomberg launches iTunes-style platform
Andrew Edgecliffe-Johnson in New York – FT.com
Bloomberg is launching an iTunes-style portal for applications to allow clients and outside developers to incorporate their own software into the group’s financial data terminals and sell it to Bloomberg’s roughly 315,000 subscribers. Competitors from Thomson Reuters to Markit have launched similar platforms for outside applications, but Bloomberg’s move is unusual for the market leader, which has long been seen as having a more closed system.
jlne.ws/SSxefm
Bloomberg Launches Enterprise App Portal To Financial Markets – The Bloomberg App Portal Harnesses Third-Party Innovation To Broaden Customer Content
Today, Bloomberg executives unveiled the Bloomberg App Portal, a new platform that gives Bloomberg subscribers access to a range of specialty applications powered by data and news from the Bloomberg Professional service.
jlne.ws/SSxefn
NASDAQ OMX Commodities Confirms Successful Launch Of Trayport GlobalVision Portal
NASDAQ OMX Commodities hereby confirms the successful launch of Trayport GlobalVision Portal. All Members that previously utilized the old Nord Pool Translator (NPT) solution have now been migrated to the new portal service. NPT has been discontinued with immediate effect.
jlne.ws/SSxjPW
McObject’s eXtremeDB Financial Edition Database Adopted by TradeStation for Next-Generation Order-Execution System
jlne.ws/SSxhYs
PhillipCapital Singapore Adopts Automation For Fund Transactions By joining Calastone Funds Transaction Network.
jlne.ws/SSxhYy
Enforcement
DealBook: S.E.C. Said to Be Investigating Money Manager’s Trading Practices
New York Times
The Securities and Exchange Commission is investigating Peter J. Eichler Jr., a Los Angeles money manager, as his firm, Aletheia Research and Management, filed for bankruptcy protection late Sunday.
jlne.ws/SSxjQ5
Reserve Fund Jury Finds One Bent Liable, Absolves Another
Bloomberg
Bruce R. Bent II, president of the failed $62.5 billion Reserve Primary money-market fund, was found liable for one claim that he negligently violated a securities law while his father was absolved of any liability in a lawsuit brought by the U.S. Securities and Exchange Commission.
jlne.ws/SSxjQ8
FSA publicly censures London credit union
The Financial Services Authority (FSA) has publicly censured The Pentecostal Credit Union Limited (TPCU) for issuing loans worth £1.2 million under its members’ names but channelling the money to a Church Organisation.
jlne.ws/SSxhYD
UK FSA: Looking Into Alleged Gas-Market Manipulation
Dow Jones
British regulators are looking into allegations that some of the country’s biggest utilities have manipulated the U.K. physical natural gas markets, the U.K. Financial Services Authority and energy watchdog Ofgem said Monday.
jlne.ws/SSxieQ
Trial to Open in $68 Million Insider Trading Case
PETER LATTMAN – NYTimes.com
In the sharp-elbowed world of Wall Street, Anthony Chiasson and Todd Newman stood out as two of the good guys. Yet federal prosecutors say Mr. Chiasson and Mr. Newman were criminals, operating “a tight-knit circle of greed” along with six others who trafficked in secret information about technology companies.
jlne.ws/SSxjQd
UBS “rogue trader” jury warned against anti-bank bias
Reuters via Yahoo! News
LONDON – The judge in the trial of alleged UBS rogue trader Kweku Adoboli told the jury on Monday not to let their views about the banking industry influence their judgment. Adoboli, 32, has been blamed for a loss of $2.3 billion at the Swiss bank in September 2011.
jlne.ws/SSxieR
UK’s Financial Services Authority Fines Savoy Investment Management Limited L412,000 For Wealth Management Failings
The Financial Services Authority (FSA) has fined Savoy Investment Management Limited (Savoy) L412,000 for failing to take reasonable care to ensure the suitability of the investment portfolios of its wealth management clients
jlne.ws/SSxieZ
Environmental & Energy
U.K. Regulators Probe Gas Market Fixing Allegations
Bloomberg
The U.K. government is “extremely concerned” about allegations that the wholesale natural gas market has been manipulated by some of the nation’s biggest power companies, Energy Secretary Ed Davey said.
jlne.ws/RPYpJP
**RKB – Coverage of these developments continue in Natural Gas section.
EU Plans Delay of 900 Million Carbon Permits to Curb Surplus
Bloomberg
The European Union proposed to delay sales of as many as 900 million carbon permits to curb an oversupply in the world’s biggest emissions market.
jlne.ws/TWwpoA
**RKB – The nitty-gritty: The draft backloading measure needs qualified-majority support from national governments to become law. Its formal adoption, which also requires a three-month scrutiny by member states and the European Parliament, will take place only after the parliament votes on a separate law change to reassert the commission’s right to decide about the timing of auctions, Climate Commissioner Connie Hedegaard said today in Brussels.
Govt dismisses carbon profiteering claims
New Zealand Fairfax Media
When bugman Rudd Kleinpaste told a gathering of honey producers and retailers on Monday that motorists were paying $25 for carbon at the petrol pump when it was trading on the carbon market for a dollar, it was not the first time the allegation has received a public airing.
jlne.ws/TWGGkL
Asia-Pacific
Jih Sun Futures deploys Orc’s low-latency sponsored access solution in Taiwan
Orc, a leading provider of technology and services for the global financial industry, today announced that Jih Sun Futures Co., Ltd. (Jih Sun Futures) has selected Orc to meet the growing market demand for high-speed connectivity to Taiwan Futures Exchange (Taifex).
jlne.ws/SSxk6u
New study on private equity and venture capital investments in China
A new study by Deutsche Börse and CMS Hasche Sigle analyses the valuation approaches applied to private sector investments in Chinese companies. This is already the second joint study on private equity in China. It is to be presented at the German Equity Forum in Frankfurt on Monday.
jlne.ws/SSxif2
Koreans Fret World-Beating Chaebol Destroy Small Business
Sangwon Yoon – Bloomberg
Lee Bok Sun is ready to shut her 28- year-old fruit store in Seoul, after her customers switched to a new hypermarket owned by one of South Korea’s chaebol, the family-controlled business groups that dominate the economy.
jlne.ws/SSxif4
Chart of the week: China’s decade of markets – underwhelming
Rob Minto – Financial Times
As China’s Hu Jintao (left) and Wen Jiabao make way for the new leadership, it is clear that they have presided over a great decade for China’s economy. GDP and incomes have risen at a great speed, with Hu committing China to doubling incomes again by 2020 from 2010 levels. But for portfolio investors, it’s a less interesting story.
jlne.ws/SSxif7
Banks Lend Helping Hand to Asians Looking for Foreign Property
New York Times
The wealth management divisions of Asian banks are reporting a brisk business in setting up short-term revolving loans for property purchases as their clients search for investment opportunities abroad.
jlne.ws/SSxk6A
HKFE Announces Revised Margins For RMB Currency Futures
jlne.ws/SSxk6B
Hong Kong’s Securities And Futures Commission Seeks Court Orders Against Former And Current Directors Of First China Financial Network Holdings Ltd
jlne.ws/SSxk6E
Press Conference By Ikko Nakatsuka, Japan’s Minister For Financial Services
jlne.ws/SSxivA
Frontier Markets
Chinese High-Level Delegation Visits Qatar Exchange
A Chinese delegation headed by Mr. Jiang Yang, Vice Chairman of the China Securities Regulatory Commission (CSRC) and Mr. Yang Maijun, Chairman of the Board of the Shanghai Futures Exchange, today visited Qatar Exchange and met Mr. Rashid Bin Ali Al-Mansoori, CEO of Qatar Exchange, and several department directors of Qatar Exchange.
jlne.ws/SSxivD
The Palestine Exchange (PEX) Announces Thursday 15 November 2012 An Official Holiday
jlne.ws/SSxivE