News Centre

HKEX To Introduce HKD-RMB Dual Counter Model And Dual Counter Market Making Programme In Hong Kong Securities Market

Date 13/12/2022

• HKD-RMB Dual Counter Model to be introduced in Hong Kong securities market
• Dual Counter Market Making Programme to be introduced, supporting liquidity and minimising price discrepancies between two counters
• Onboarding for the new initiatives expected to commence in 1H 2023

Decision By The Nasdaq Stockholm Disciplinary Committee Regarding Hedera Group AB (publ)

Date 13/12/2022

The Disciplinary Committee of Nasdaq Stockholm has found that Hedera Group AB (publ) (the “Company”) has breached the Nasdaq First North Growth Market Rulebook (the “Rulebook”) and therefore ordered the Company to pay a fine of four annual fees, corresponding to an amount of SEK 420,000. 

Trovata Partners With J.P. Morgan Asset Management To Make It Easier For Businesses To Invest Excess Cash As Interest Rates Rise - Trovata To Host Morgan Money Investing Application Within Its Cash Management Platform For Seamless Access To Morgan Money’s Trading, Analytics, And Reporting

Date 13/12/2022

Trovata, a leading bank-connected platform that makes it easier for finance and treasury professionals to manage cash, and J.P. Morgan Asset Management, a global leader in investment management with $2.3 trillion of assets under management, announced they are partnering to help joint customers tap into Morgan Money’s services to access higher yields on corporate investing amidst rising interest rates.

Response To The Remit For The Financial Policy Committee - December 2022: Letter From The Bank Of England Governor To The UK Chancellor

Date 13/12/2022

Remit response letter

The Saudi Tadawul Group Signs Memorandum Of Understanding With Boursa Kuwait - Partnership Intends To Bolster The Growth Of Capital Markets In Kuwait And Saudi Arabia

Date 13/12/2022

Boursa Kuwait signed a memorandum of understanding (MoU) with the Saudi Tadawul Group that aims to continue to build on the partnership and form the basis of cooperation between the two stock exchange operators, The MoU, which was signed on the periphery of the GCC Stock Exchange Summit in Riyadh, aimed to explore collaboration opportunities in financial technology (fintech), products as well as developing sustainability and in the fields of Environmental, Social and Governance (ESG) reporting and implementation. Collaborations on organizing mutual events, Investor Relations initiatives as well as cross-listing of companies on both exchanges were also included as part of the MOU. 

UK Financial Conduct Authority Sets Out Ideas To Improve Information Provided To Retail Investors

Date 13/12/2022

The FCA is seeking views on how to ensure investors get clear, helpful information.  

KOHO Financial Centralises Reconciliation, Reduces Risk And Improves Auditability With Duco Data Automation Platform

Date 13/12/2022

• Canadian fintech achieves cost and risk reduction by centralising reconciliations on Duco’s solution.

Consul General Of The People's Republic Of China Rings Market Opening Bell To Celebrate Listing Of Bank Of China’s US$ 300 Million Bond On Nasdaq Dubai - The New Listing Raises Total Value Of Chinese Institutions’ Bonds On Nasdaq Dubai To US$ 7.5 Billion Through 13 Issuances

Date 13/12/2022

His Excellency Li Xuhang, Consul General of the People's Republic of China, today rang the market opening bell to celebrate the listing of US$ 300 million bond on Nasdaq Dubai. This is the second time that the Bank of China is listing its bonds on the region's international financial exchange, following the listing of CNH 2 billion bonds in 2015. The new listing highlights Nasdaq Dubai's significant role in strengthening links between capital markets in Dubai and China.

Egyptian Exchange Hosts The Annual Meetings Of FEAS

Date 13/12/2022

The Egyptian Exchange hosted the 65th AGM of the Federation of Euro-Asian Exchanges, as well as the working committees Working Committee meeting. The meetings discussed the federation financials and budget for the year 2023. Members reviewed the plan for coming year including workshops, training, studies, and surveys of the next year.

Siren And Sayari Join Forces To Expose Financial Crime - Market Leading Technologies Partner To Increase Corporate Transparency

Date 13/12/2022

Siren and Sayari have combined capabilities to help organizations expose financial crime and better meet customers’ evolving needs for financial data intelligence. Siren and Sayari provide market leading solutions for Anti-Money Laundering (AML), identifying illicit actors such as Russian oligarchs, kleptocrats, and drug traffickers, and undertaking corporate data investigations.