News Centre

European Retail Investors Strongly Favour British Pound Ahead Of Boris Johnson’s Departure: Spectrum Markets

Date 08/09/2022

• Sentiment in favour of the British Pound compared to both Euro and US Dollar
• Record low sentiment hit on Euro-Pound currency pair
• 123.4 million securitised derivatives were traded on Spectrum Markets in August

BNP Paribas Asset Management Appoints Head Of Flexible & Absolute Return

Date 08/09/2022

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Mark Richards as Head of Flexible & Absolute Return within its Multi-Asset, Quantitative & Solutions (‘MAQS’) investment division.  Mark is based in London and reports to Maya Bhandari, Global Head of Multi-Asset.  He joined on 5 September.

Shanghai International Energy Exchange Has Released Its Circular On The Release Of Mean Of Prices For TSR 20 Futures

Date 08/09/2022

The Shanghai International Energy Exchange (“INE”) releases mean of settlement price and mean of close price for TSR 20 futures starting from September 8th, 2022. This information will also be disclosed on SHFE’s official site.

RegTech Scale-Up SteelEye Raises $21M In Round Led By Ten Coves Capital To Accelerate Growth And Meet Demand For Holistic Compliance Solutions

Date 08/09/2022

• The $21M (£18M) Series B round takes SteelEye’s total capital raised to $43M (£36.3M).
• Funding will support SteelEye’s accelerated growth as it expands internationally – with an emphasis on North America.
• Increasing regulatory and cost pressures are driving a switch to cloud-based compliance solutions as more financial firms look to replace siloed systems and legacy technology.
• SteelEye’s holistic platform is unique in bringing together communications and trade data under a single lens, providing solutions for regulatory reporting, communications and trade surveillance, best execution monitoring, and data analytics.
• This raise marks the largest RegTech raise by a European firm in 2022.

JPX Monthly Headlines - August 2022

Date 08/09/2022

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users.
Every month, we showcase the highlights of these efforts in short and concise summaries just for you.

Monetary Authority Of Singapore: Court Convicts Five Former Remisiers For False Trading

Date 08/09/2022

Five former remisiers have been convicted and sentenced to imprisonment terms and fines for false trading in the shares of 55 securities listed on the Mainboard and Catalist of the Singapore Exchange, over 85 occasions between 9 March 2015 and 12 April 2016.

Hong Kong Securities And Futures Commission: Court Sets Pre-Trial Review Date For Unlicensed Activities Prosecution

Date 08/09/2022

The Eastern Magistrates’ Court today fixed the pre-trial review date for prosecutions against Mr Tony Choi Yick Man and Mr Ma Yau Tim after they pleaded not guilty to charges by the Securities and Futures Commission (SFC) for unlicensed activities.

MG Stover Announces Series Of New Hires - Expansion Continues With Opening Of Canadian Office

Date 08/09/2022

MG Stover, the full-service fund administration firm and subsidiary of PolySign Inc., today announces a suite of executive appointments as it continues to build capacity to meet the growing demand for its digital asset services.

UK FinTech Trade Mission Arrives In Australia To Build Bridges Down Under

Date 08/09/2022

Eleven UK fintech companies have arrived in Australia on a special government trade mission to build connections with businesses and governments down under. The chosen delegates will be representing Great Britain’s fintech industry at Australia’s prestigious Intersekt Festival where they will be greeted by the Sydney Consul-General.

Dubai International Financial Centre Records Strong Growth In H1 2022, Reaffirming Dubai’s Status As A Global Financial Hub

Date 08/09/2022

• Strong performance reaffirms Dubai's position as a leading global hub for financial institutions, FinTechs and innovation firms, in line with DIFC’s Strategy 2030
• Total number of registered companies grew from 3,297 to 4,031, a 22 per cent year-on-year growth, fuelling unprecedented levels of workforce growth
• 537 new companies join DIFC in H1 2022, a 11 per cent year-to-date increase
• DIFC is now home to 1,252 financial and innovation related companies, up 22 per cent from the first half of 2021
• FinTech and innovation companies continue to be key growth drivers, increasing from 406 to 599, up 23 per cent year-on-year