News Centre

The 1st Exchange To Launch A Zero Maker Fee Event For Futures Orders "MEXC's Changing For You".

Date 02/12/2022

In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world's top liquidity provider. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has reached an increase of 1,200%.

UK Financial Conduct Authority Fines Pembrokeshire Mortgage Centre Ltd £2.4m For Serious Failings In Relation To The British Steel Pension Scheme

Date 02/12/2022

The FCA has fined Pembrokeshire Mortgage Centre Limited (PMC) (trading as County Financial Consultants) (in liquidation) £2,354,331 for unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined benefit (DB) pension schemes.

Monitoring Group Reports On Progress To Implement Recommendations To Strengthen The International Audit And Ethics Standard-Setting System

Date 02/12/2022

The Monitoring Group (MG) is responsible for the overall governance of the international audit and ethics standard-setting system, including conducting periodic effectiveness reviews. In July 2020, the MG issued its recommendations Strengthening the International Audit and Ethics Standard-Setting System (Recommendations, MG Recommendations, or MG Reforms).

HKEX Hosts Inaugural Impact Summit, Championing Purpose-Driven Responsible Business

Date 02/12/2022

• Over 300 representatives from business and not-for-profit and social sectors attend HKEX’s Inaugural Impact Summit
• Corporate philanthropy, stakeholder capitalism and collaboration models among key themes of discussion
• HKEX announced 28 projects will be funded by the HKEX Charity Partnership Programme and the HKEX Impact Funding Scheme in 2022

Exchange Data International Awarded Best Corporate Actions Data Provider

Date 02/12/2022

Exchange Data International (EDI), a leading provider of global security corporate actions, pricing and reference data, is pleased to announce today that they were awarded ‘Best Corporate Actions Data Provider’ by the Data Management Insight Awards 2022. 

Shanghai Stock Exchange: The Second Batch Of 18 Stocks Added To Market-Making Targets On The STAR Market Expanding The Total Number Of Stocks To 60

Date 02/12/2022

Shanghai Securities News (reporter Lin Cong) According to source from Shanghai Stock Exchange (SSE) on December 2, 2022, the underlying stocks for market making have expanded again after a full month of market maker mechanism running smoothly on the STAR Market. Four market makers released announcements on the website of the SSE, choosing 23 stocks on the STAR Market for market-making trading business. Compared with the first batch of market-making targets, besides 5 stocks already in the pool, namely Shanghai Shen Lian Biomedical Corporation, Zhejiang HangKe Technology Incorporated Company, Gempharmatech Co., Ltd., Amlogic (Shanghai) Co., Ltd. and Jiangsu Cnano Technology Co., Ltd., 18 market-making targets on the STAR Market are added in the second batch.

Shanghai Stock Exchange Solicits Public Comments On Asset-backed Securities Business Rules

Date 02/12/2022

To further exert the function of asset-backed securities in serving the real economy and strengthen the protection of investors' rights and interests, the Shanghai Stock Exchange today issues the Shanghai Stock Exchange Asset-backed Securities Business Rules (Draft for Comments) (hereinafter referred to as the "Business Rules") to solicit public comments.

UK Financial Conduct Authority: Insurance Providers Warned Not To Undervalue Cars Or Other Insured Items When Settling Claims

Date 02/12/2022

Insurance firms have been warned not to undervalue cars and other insured items when settling insurance claims especially during the cost of living squeeze. 

Bursa Malaysia Derivatives Extends After-Hours (T+1) Trading Session

Date 02/12/2022

Bursa Malaysia Derivatives Berhad (“Bursa Malaysia Derivatives”) will extend its After-Hours (T+1) trading session ("After-Hours Trading") for selected derivatives contracts effective 5 December 2022. The current After-Hours Trading session is from 9.00pm to 11.30pm every Monday to Thursday, which will now be extended to end at 2.30am.

Overview Of The Japanese Regional Banks’ Financial Results For Six Months Ended September 30, 2022

Date 02/12/2022

The FSA has compiled the regional banks’ financial results for six months ended September 30, 2022, as attached below.