News Centre

NZX Equity Derivatives Update - BNP Paribas Securities Services

Date 24/04/2013

NZX Equity Derivatives confirm BNP Paribas Securities Services' intention to become General Clearing Member

Japan Exchange Group & Korea Exchange Sign A Letter Of Intent (LOI)

Date 24/04/2013

Today, Japan Exchange Group, Inc. (JPX) and Korea Exchange Inc. (KRX) signed a Letter of Intent (LOI) to aim for listing TOPIX Options on KRX. Moving forward, both parties will make preparations for the listing of Korean won-denominated TOPIX Options on KRX.

Hong Kong's Securities and Futures Commission Bans Chow Chun Tung For Five Years

Date 24/04/2013

The Securities and Futures Commission (SFC) has banned Mr Chow Chun Tung from re-entering the industry for five years from 19 April 2013 to 18 April 2018. 

Shandong, Shanghai Stock Exchange Ink All-round Cooperation Agreement

Date 24/04/2013

On April 22, the Shandong Provincial People’s Government and the Shanghai Stock Exchange (SSE) sign a memorandum on comprehensive strategic cooperation in Jinan, Shandong Province. Sun Wei, Standing Member of the CPC Shandong Provincial Committee and Executive Deputy Governor of Shandong Province, and Gui Minjie, SSE Governor, attended the signing ceremony and delivered speeches. Li Yongjian, Chief of the Financial Work Office of Shandong Province, and Xu Ming, SSE Vice President, on behalf of the two sides, signed the memorandum. On the very day, the Financial Work Office of Shandong Province and the SSE jointly held a training workshop on the capital market in Jinan. 

Sourcing The Right Collateral A Major Priority For The Financial Industry In Asia, Shows Conference Poll

Date 24/04/2013

• More than 92 percent of industry players in Asia say sourcing appropriate collateralto meet new industry practices is a high or very high priority
• Almost 40 per cent of delegates at Clearstream conference say their institution has no access to collateral optimisation system
• Most of the financial experts see increasing role for Asian securities in the global supply of available collateral for the banking industry
• Fourth annual Clearstream GSF Conference Asia in Singapore brings together morethan 150 delegates from across the Asia-Pacific region

Hong Kong's Securities And Futures Commission Seeks Court Orders Against Founder And Former Chairman Of First Natural Foods

Date 24/04/2013

The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance against Mr Yeung Chung Lung, founder and former chairman of First Natural Foods Holdings Limited (First Natural Foods) over alleged embezzlement of $84 million of corporate assets and false accounting.

ISDA Publishes Market Agreed Coupon Confirmation For Interest Rate Swaps

Date 24/04/2013

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the publication of a form of confirmation for a Market Agreed Coupon (MAC) contract as an additional choice for market participants who wish to use over-the-counter (OTC) interest rate swaps (IRS) that have common, pre-agreed terms.   The announcement came at the outset of the Association’s 28th Annual General Meeting in Singapore.

SIFMA’s Asset Management Group Helps Develop New Market Agreed Coupon For Interest Rate Swaps

Date 24/04/2013

SIFMA today announced that SIFMA’s Asset Management Group (AMG), working in collaboration with the International Swaps and Derivatives Association (ISDA), has helped to develop a new interest rate swap (IRS) contract structure with pre-defined, market-agreed terms. Specifically, SIFMA AMG published a term sheet and rationale for a new Market Agreed Coupon (MAC) contract that would promote liquidity and enhance transparency in IRS trading. 

ISDA And Risk Launch OTC Derivatives Research Award Program

Date 24/04/2013

The International Swaps and Derivatives Association, Inc. (ISDA) today announced at its 28th Annual General Meeting in Singapore that ISDA and Risk are teaming up to sponsor and conduct an annual awards program for over-the-counter (OTC) derivatives research.

NZX To Extend Dairy Derivatives Trading Hours

Date 23/04/2013

NZX today announced its intention to extend trading hours in Dairy Derivatives from early Q3 this year, in response to market demand.