Daily Archives: 24/10/2016
HKEX to Roll Out Volatility Control Mechanism for its Derivatives Market
October 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) plans to roll out its Volatility Control Mechanism (VCM) – a measure designed to protect market integrity by preventing extreme price volatility arising from major trading errors and other unusual incidents – for its ...
The Gas demand in Europe is expected to increase by 6%
October 24th, 2016
Gas consumption is expected to increase by 6% compared with 2015, according to the latest estimates from Eurogas. This rise is partly due to increased demand for gas in power generation following signs of revival in industrial activity, as ...
Singapore and South Korea sign cooperation agreement in FinTech
October 24th, 2016
The Monetary Authority of Singapore (MAS) and the Korean Financial Services Commission (KFSC) today signed a cooperation agreement to foster greater cooperation in FinTech. The signing took place at the sidelines of the FinTech Demo Day organised by the ...
FIA joined four industry trade associations in a proposed guidance on central counterparty risk
October 24th, 2016
FIA joined four industry trade associations in a response to proposed guidance from the Committee on Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO) on resilience and recovery of central counterparties (CCPs). FIA, along with the Global Financial Markets ...
Bulls and Bears: An Introduction to Important Market Terminology
October 24th, 2016
The financial markets are a struggle between two competing forces: fear and greed. On the battlefield, this tug-of-war is waged between the bulls and the bears. What they are and how they operate are crucial in understanding the financial ...
Are you thinking to work in UAE? Check the UAE Salary guide 2017
October 24th, 2016
UAE salary guide 2017: How much you can expect to earn in finance, technology, HR and admin Entry salaries for professionals in finance and accounting, financial services, technology and administration sectors are expected to rise an average 2.5 per ...
Now it’s time over debt relief for Greece
October 24th, 2016
Greek PM Tsipras: Time for Greece’s Creditors to Honor Their Side of the Bargain With QE in 2017! Greek Prime Minister Alexis Tsipras appeared optimistic on Friday over debt relief for Greece while he also stressed the need for ...
Hundreds of Galaxy Note 7 smartphone owners prepare to sue Samsung
October 24th, 2016
Hundreds of South Korean Galaxy Note 7 smartphone owners were preparing Monday to file a lawsuit against Samsung Electronics over the fire-prone device. Attorney Peter Young-Yeel Ko, head of the Harvest Law Firm said Monday that 527 consumers want ...
FCA: Investment and fund manager banned
October 24th, 2016
On 20 October 2016 the Tribunal upheld the Financial Conduct Authority’s (FCA) decision to ban Tariq Carrimjee of Somerset Asset Management LLP (Somerset) from carrying out the compliance oversight and money laundering reporting significant influence functions. The Tribunal’s decision ...
The Law Firms who are advising the mega Tobacco acquisition
October 24th, 2016
Herbert Smith Freehills (HSF) andCravath, Swaine & Moore are advising British American Tobacco (BAT) on its offer to acquire the remaining 57.8 % stake in Reynolds American for $47bn. BAT had already owned 42.2% of Reynolds for the last 12 years. ...
