News Centre

HKEx 2015 Third Quarter Results

Date 11/11/2015

Key messages

• The Group experienced strong growth in revenue and other income compared to the prior period (YTD Q3 2014) exceeding $10 billion (bn) for the first time in a financial year.

- Growth in trading and clearing income came from a significant increase in market activity on the Cash and Derivatives Markets in Hong Kong, in particular during the second quarter of 2015 (Q2 2015), nine months of income from LME Clear following its launch in September 2014 and the commercialisation of LME’s trading fees with effect from January 2015.

- The Group also booked a one-off gain of $445 million on the disposal of a leasehold property in the third quarter of 2015 (Q3 2015).

• Operating expenses increased over the prior period primarily reflecting the cost of additional headcount to support strategic initiatives. The overall increase was mitigated by lower litigation costs and higher recoveries from the liquidators of Lehman Brothers Securities Asia Limited (LBSA). 
• The strong revenue growth drove an increase in the EBITDA margin to 77 per cent; 8 per cent higher than YTD Q3 2014 and 7 per cent higher than the year ended 31 December 2014. The one-off gain on disposal of a leasehold property together with the increased recoveries from LBSA accounted for approximately 2 per cent of the increased EBITDA margin.

Shenzhen Stock Exchange Market Bulletin 9 November, 2015, Issue 24

Date 11/11/2015

Last week, Shenzhen Component Index stood at 12273.4 points after adding 6.3%. SME Index edged up 6.0% to 8265.5 points. ChiNext Index advanced 7.4% to 2661.4 points. Total turnover for stocks and funds on SZSE was US$440.2 billion, or a 0.1% increase from the week before.

Montréal Exchange Interest Rate Derivative Market Closed Today

Date 11/11/2015

The interest rate derivative market is closed today, November 11, 2015 (Remembrance Day).

End Users And Policy Makers Discuss Supplemental Leverage Ratio Calculation

Date 11/11/2015

Another letter on customer margin treatment under Basel capital rules has been made public, this one from a bipartisan Congressional group of Members who serve on the House Financial Services Committee.  The letter was signed by Reps. John C. Carney, Jr. (D-DE), Randy Neugebauer (R-TX), Frank Lucas (R-OK), and Bill Foster (D-IL). 

New York Attorney General And Manhattan U.S. Attorney Announce Charges Stemming From Massive Network Intrusions At U.S. Financial Institutions, U.S. Brokerage Firms, Major News Publications And Other Companies - Breaches Included The Largest Theft Of Customer Data From A U.S. Financial Institution In History - Defendants Hacked In Furtherance Of Securities Market Manipulation Schemes, And Vast Gambling And Payment Processing Schemes

Date 11/11/2015

Attorney General Loretta E. Lynch, U.S. Attorney Preet Bharara of the Southern District of New York, Assistant Director in Charge Diego Rodriguez of the FBI’s New York Field Office and Special Agent in Charge Robert J. Sica of the U.S. Secret Service (USSS) New York Field Office announced today the unsealing of a superseding indictment charging Gery Shalon, aka “Garri Shalelashvili,” “Gabriel,” “Gabi,” “Phillipe Mousset” and “Christopher Engeham,” with orchestrating massive computer hacking crimes against U.S. financial institutions, brokerage firms and financial news publishers, including the largest theft of customer data from a U.S. financial institution in history (the U.S. Financial Sector Hacks).  Shalon is charged with committing these crimes with Joshua Samuel Aaron, aka “Mike Shields,” in furtherance of securities market manipulation schemes that Shalon and Aaron perpetrated with defendant Ziv Orenstein, aka “Aviv Stein” and “John Avery” in the United States. 

CFTC Financial Data For Futures Commission Merchants Update

Date 10/11/2015

CFTC Financial Data for Futures Commission Merchants has recently been updated, and is now available.

http://www.cftc.gov/MarketReports/FinancialDataforFCMs/index.htm

NYSE, NYSE ARCA And NYSE MKT Short Interest Reports

Date 10/11/2015

NYSE today reported short interest as of the close of business on the settlement date of October 30, 2015.

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date October 30, 2015

Date 10/11/2015

At the end of the settlement date of October 30, 2015, short interest in 2,311 Nasdaq Global MarketSM securities totaled 8,219,164,431 shares compared with 8,499,493,606  shares in 2,306 Global Market issues reported for the prior settlement date of October 15, 2015. The end-of-October short interest represents 4.91 days average daily Nasdaq Global Market share volume for the reporting period, compared with 4.28 days for the prior reporting period.

European Council Conclusions On The Commission Action Plan On Building A Capital Markets Union

Date 10/11/2015

The Council: 

1. RECALLS its Conclusions of 19 June 2015 on a Capital Markets Union[1] encouraging the Commission to elaborate a comprehensive, targeted and ambitious action plan for building a Capital Markets Union (CMU) as a lever for more jobs, growth and investment; 

Innovation In Financial Services - Speech By Christopher Woolard, Director Of Strategy And Competition At The FCA, Delivered At The FinanceAsia Annual Compliance Summit In Hong Kong On 10 November 2015

Date 10/11/2015

Good morning ladies and gentlemen, it’s a great pleasure to join you in Hong Kong in such distinguished company and I’m grateful to FinanceAsia for asking me to speak.

I want to address my main remarks to the subject of innovation in financial services – a subject that financial regulators tend not to talk about that often − but before I do, I want to put my remarks in some context.