All Entries Tagged With: "Financial"
NSE.IT Lends Financial IT Expertise as McObject Solution Provider
McObject®, developer of the eXtremeDB® In-Memory Database System (IMDS) and related product family, announced that NSE.IT, the wholly-owned IT consulting subsidiary of the National Stock Exchange of India (NSE), the third-largest stock exchange in the world by volume, has joined McObject as a Solution Provider. NSE.IT will provide integration, optimization, development and other services relating [...]
DCE:Proposal on Relaxing Restrictions for Financial Institutions to Participate in Futures Markets
In recent years, China’s futures market has entered a new period of steady development with the scale gradually expanding and functions progressively realized, and has possessed the ability to service the national economy at a higher level. However, the basic framework of existing policies and regulations for the futures market was formulated in the 1990s [...]
Launch of RQFII Scheme Marks SFC Major Milestone in Third Financial Quarter
In its Quarterly Report released February 29, the Securities and Futures Commission (SFC) marked a major milestone during the quarter ended 31 December 2011; the launch of the Renminbi Qualified Foreign Institutional Investors (RQFII) scheme and authorizing 19 RQFII funds to date. The funds offer Hong Kong retail investors one of the most direct channels [...]
Excerpt from Korea FSC 2012 Financial Policy Agenda
As Europe’s ongoing debt crisis is expected to threaten global economic growth and increase volatility in global financial markets next year, Korea is also likely to face an economic slowdown, which will deal a severe blow particularly to SMEs and low-income households. Under such circumstances, the FSC set three main financial policy goals with six [...]
Measures to Boost China Financial Markets
Financial markets will be developed and the securities industry opened further to foreign participants in a bid to diversify risk in the banking sector, a leading financial official said. China should be “highly cautious” about systemic risk in the banking sector and needs to substantially boost the scale of direct financing, such as stocks, to [...]
TFX Trading Volume in November 2011
The trading volume of Three-month Euroyen futures was 704,816 decreasing 43.2% in comparison to that of the prior year comparable month, and increasing 62.0% in comparison to that of the prior month, and the average daily volume was 35,241. 3-month Euroyen futures – 704,816 Click 365 – 10,534,190 The total trading volume of Exchange Forex [...]
CME President Awaits the Greenlight for the Reopening of China’s Financial Derivatives Market
Phupinder Gill, president of CME Group Inc, is waiting to enter the financial derivatives market on the Chinese mainland as soon as the country’s top regulators give the go-ahead. The 50-year-old is busy talking with the China Securities Regulatory Commission (CSRC) about concrete measures to start the pilot overseas futures trading business. When that happens [...]
Japan Minister of State for Financial Services Comments on Olympus Corporation
It is highly regrettable from the viewpoint of market fairness and transparency, that the Olympus Corporation has been engaged in deferring the posting of losses from securities and other investments. It is troubling to see investors, both domestic and abroad, question the fairness and transparency of the Japanese markets, and I would urge all the [...]
TFX Trading Volume in October 2011
The trading volume of Three-month Euroyen futures was 434,955 decreasing 50.2% in comparison to that of the prior year comparable month, and decreasing 35.9% in comparison to that of the prior month, and the average dailyvolume was 21,748 . The total trading volume of Exchange Forex Margin contracts (Click 365) was 10,388,713 increasing 17.0% in [...]
New Zealand FMA Welcomes Financial Markets Conduct Bill
The Financial Markets Authority has welcomed the introduction into Parliament of the Financial Markets Conduct Bill. Chief Executive Sean Hughes said the bill was a fundamental plank in the Government’s major regulatory law reform programme. “FMA’s resources have been fully occupied in its first six months on the reviews into and investigations of legacy finance [...]
