News Centre

Hong Kong's Securities and Futures Commission Obtains Court Orders For GOME To Receive $420 Million Compensation From Founder And Wife Over Breaches In Share Repurchase

Date 07/05/2014

The Court of First Instance on 5 May 2014 granted orders sought by the Securities and Futures Commission (SFC) in its proceedings against the former Chairman of GOME Electrical Appliances Holding Limited (GOME), Mr Wong Kwong Yu and his wife, Ms Du Juan, a former director of GOME, for them to compensate GOME $420 million and interest for their breaches of directors’ duties in certain share repurchases GOME conducted between 22 January and 5 February 2008 (Share Repurchase).

Exceptionally Successful First Day Of Trading At TFEX With New System - SET Combines Derivatives And Equities Trading On Cinnober Technology

Date 07/05/2014

The Stock Exchange of Thailand (SET) and its derivative arm TFEX have successfully replaced their entire technology platform for derivatives trading and experienced their second-highest daily number of contracts traded ever, on the very first day of trading. This comes on the heels of a similar technology replacement for equities trading, which led to volume increases, leading low latency and state-of-the-art functionality. The Stock Exchange of Thailand selected Cinnober Financial Technology as its partner in this comprehensive replacement of trading infrastructure.

The Egyptian Exchange (EGX) Concluded Its Frst IPO Summit

Date 07/05/2014

The Egyptian Exchange (EGX) concluded its first IPO Summit, hosted in Cairo. The Summit is an initiative to inform Businessmen and companies of the financial benefits of listing in EGX. 

Hong Kong's Securities And Futures Commission: Notice On Potential Regulations Applicable To, And Risks Of, Crowd-funding Activities

Date 07/05/2014

The purpose of this notice is to remind parties engaging in crowd-funding activities of the potential application of relevant securities laws and regulations, and to remind the public of the potential risks involved in participating in crowd-funding activities, in view of the increase in such activities internationally and in Hong Kong.

Egyptian Financial Supervisory Authority Approved The Egyptian Exchange's New Membership Rules

Date 07/05/2014

Hong Kong's Securities And Futures Commission Outlines Risks Of Crowd-Funding And Potential Regulatory Issues

Date 07/05/2014

The Securities and Futures Commission (SFC) today issues a notice reminding parties engaging in crowd-funding activities of the potential application of relevant securities laws and regulations, and reminding the public of potential risks relating to participating in crowd-funding activities in view of the increase in such activities internationally and in Hong Kong. 

Moscow Exchange - Derivatives Market: The Additional Trading Session Starts Later On 14, 15 And 16 May

Date 07/05/2014

Please note that the Derivatives market evening trading session will begin ten minutes later, i.e. at 7:10 pm MSK, on 14,15 and 16 May, as these are the last trading days for options contacts (in accordance with clause 7.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).

Securities Commission Malaysia Investigating Five Companies For Unlicensed Dealing In Futures Contracts

Date 07/05/2014

The Securities Commission Malaysia (SC) is investigating the five companies below for suspected breaches of the securities laws in relation to dealing in futures contracts without a licence:

1. Jalatama Management Sdn Bhd (Company number: 929594-W)
2. West Street Management Sdn Bhd (Company number: 1063355-X)
3. JAB Oceanic Sdn Bhd (Company number: 1057304-V)
4. JAB Consultant Sdn Bhd (Company number: 1046272-D)
5. Xenovest Capital Sdn Bhd (Company number: 1078155-A)

Palestine Securities Exchange Monthly Investor Newsletter- April 2014

Date 07/05/2014

Please click here to download Palestine Securities Exchange's monthly investor newsletter for April 2014.

SIX Swiss Exchange: Shares Of SFS Group AG (SFSN) Open At CHF 67.00

Date 07/05/2014

Today, the shares of SFS Group AG (“SFS”) were traded for the first time under the “Main Standard” of SIX Swiss Exchange, opening at CHF 67.00. This corresponds to a total market capitalization of around CHF 2.5 billion.