News Centre

Singapore Fixed Income Indices (SFI) Weekly

Date 03/03/2014

Below are key highlights for the week ending 28 February 2014:

• The SFI gained 0.27% to 116.28.  Comparatively, the STI gained 0.35%.
• YTD, bonds have outperformed equities.
• YTD, corporate bonds outperform the broader SGD bond market.
• Yield-to-maturity for corporate bonds is at 3.17% – 30bps lower than the 52-week high.
• YTD, corporate bond issuances from the industrial sector have performed best.
• YTD, bonds with a 7 to 10 year maturity have performed best – largely driven by statutory board bonds.

Nigerian Stock Exchange Listed Bond Wins African Deal Of the Year Award

Date 03/03/2014

The Nigerian Stock Exchange (NSE) joined foremost Halal investment management firm, Lotus Capital at the prestigious 2013 Islamic Finance News (IFN) Awards on Monday, February 24, 2014 in the United Arab Emirates. Lotus Capital won the Africa Deal of the Year category as the Lead Issuing House for the N11.4bn Osun State Sukuk issue which was listed on the NSE in September 2013. This was the first ever sub-sovereign Sukuk in Africa. The issue was oversubscribed by about 20% which was a positive confirmation of the trust and confidence the market placed on the offer. The Osun State Government, represented by the Honourable Commissioner of Finance, and the Solicitors to the Issue, Kola Awodein and Co, were also award recipients for the deal.

AO World Opens London Stock Exchange Trading Celebrating IPO

Date 03/03/2014

• Richard Rose, Chairman of AO World opens London trading after company raises £423m at IPO
• Online retailer valued at £1.2bn at IPO

Japan Exchange Group: Trading Overview In February 2014

Date 03/03/2014

Japan Exchange Group released Trading Overview in February 2014.

KRX Launches Voluntary Clearing Of OTC Derivatives

Date 03/03/2014

On Mar. 3rd 2014, Korea Exchange(KRX) began to provide voluntary clearing service of the Korea Won(KRW)-denominated Interest Rate Swap(IRS) contracts to meet the G20 mandate(Sep. '09) on over-the-counter(OTC) derivatives clearing. KRX expects the new service will significantly lower systematic risks in OTC derivative clearing and also improve overall market transparency.

New Methodologies For Moscow Exchange's Equity Indices To Take Effect

Date 03/03/2014

On 12 March 2014 new methodologies used to calculate the Moscow Exchange's MICEX and RTS Indices, Broad Market, Second-Tier, Blue Chip, MICEX Innovation and Sectoral Indices will come into force.

KRX Launches EXTURE+ - New Trading System

Date 03/03/2014

On March 3rd 2014, Korea Exchange(KRX) announced the launch of its new trading platform, EXTURE+. Based on x86 Linux servers, EXTURE+ is designed to provide enhanced performance reliability, expandability while minimizing development costs for member firms.

Dubai Financial Market Performance – February 2014

Date 03/03/2014

The Dubai Financial Market General Index up 11.9% to 4220.5 points at the end of February compared to 3770.4 points at the end of January. At the sectoral level, indices of four out of the nine sectors represented on DFM ended the month in the green, with the Financial & Investment services sector increasing the most by 27.5%, followed by the Real Estate and the Banking sectors by 13.7%, and 10.3% respectively. The Consumer Staples, Telecommunication, Insurance and Services sectors decreased by 9.9%, 6% and 2.6% and 1.7% respectively. 

Moscow Exchange: The Exchange's Risk Management System On 3 March

Date 03/03/2014

Please note the following regarding the exchange's risk management system for certain markets on 3 March:

FX market

Margin rates remain unchanged:

Should market conditions change, the risk management system parameters are to be adjusted during the trading day.

NZX Gender Diversity Annual Statistics

Date 03/03/2014

Under Listing Rule 10.4.5(j) NZSX listed companies (excluding overseas companies) are required to include in their Annual Report quantitative data on the gender breakdown of the Directors and Officers at the financial year end.