News Centre

Shanghai Stock Exchange Launches Pilot Of Portfolio Credit Protection Contracts To Support Bond Financing Of Real Enterprises

Date 18/07/2022

In order to implement the decision and deployment of the Party Central Committee and the State Council on supporting the development of private enterprises, and fulfill the requirements of the government work report on improving the bond financing support mechanism for private enterprises, the Shanghai Stock Exchange (SSE) has recently launched a pilot of portfolio credit protection contract (CDX) with approval of the China Securities Regulatory Commission (CSRC), with a view to supporting enterprise financing in a market-oriented manner.

Monetary Authority Of Singapore: Update On Progress Of Developing The Equitable Loss Sharing Framework For Scams

Date 18/07/2022

The Monetary Authority of Singapore (MAS) today updated that the draft framework for equitable sharing of losses affecting scam victims will be published for public consultation in the coming months. 

Tiger Brokers (Singapore) Extends Zero Commissions To Singapore And Hong Kong Stocks And China A-Shares - This Offer Serves To Further Lower Barriers To Entry For Tiger Brokers Users And Promotes Portfolio Diversification Opportunities Amidst Today’s Volatile Markets

Date 18/07/2022

Online trading platform Tiger Brokers (Singapore) today announced the extension of its Zero Commission campaign, originally for unlimited trades on US stocks, to users trading Singapore and Hong Kong stocks as well as China A-Shares, for one year.

Saudi Exchange Launches TASI Islamic Index

Date 17/07/2022

The Saudi Exchange introduces today the TASI Islamic Index, its first Shariah Compliant Index to track the performance of the Shariah compliant companies listed on the Saudi Exchange under the supervision of an independent Shariah Advisory Committee which has been announced earlier.

Ahead Of Its DFM Listing On 18th July 2022: The Demarcation Of Union Coop’s Indicative Share Price At AED 3.9 Following Share Split

Date 16/07/2022

The indicative price of the Union Coop share has been demarcated at AED 3.9 following share split of 1 to 10 whereby each Union Coop member will receive 10 shares in exchange for 1 share they own, ahead of its listing on Dubai Financial Market (DFM), which is due on 18th of July 2022, as the first consumer cooperative in the United Arab Emirates to take this pioneering step.

IMF Managing Director Kristalina Georgieva Urges G20 Leadership To Address ‘Exceptionally Uncertain’ Global Outlook

Date 16/07/2022

International Monetary Fund Managing Director Kristalina Georgieva made the following statement today at the hybrid meeting of the G20 Finance Ministers and Central Bank Governors:

“I would like to thank the Government of Indonesia for their hospitality and Minister of Finance Sri Mulyani Indrawati and Governor Perry Warjiyo for their wise stewardship of the G20 meetings amid an increasingly challenging global backdrop. 

Tehran Stock Exchange Bulletin - June 2022

Date 16/07/2022

Click here to download Tehran Stock Exchange's bulletin for June 2022.

Readout: Secretary Of The Treasury Janet L. Yellen’s Meetings With Counterparts At The G20 Finance Ministers And Central Bank Governors Meeting

Date 16/07/2022

Secretary of the Treasury Janet L. Yellen met with several counterparts on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting; including Australia’s Treasurer Jim Chalmers, Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong, South Africa’s Minister of Finance Enoch Godongwana, and Turkey’s Minister of Treasury and Finance Nureddin Nebati. 

Nadex Refrains From Listing Certain Contracts

Date 15/07/2022

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

CFTC: Federal Court Imposes Over $29 Million In Restitution And Penalties Against California And Colorado Residents For Binary Options And Forex Fraud, Registration Violations, And Failure To Comply With Commodity Pool Operator Regulations

Date 15/07/2022

The Commodity Futures Trading Commission today announced the U.S. District Court for the Eastern District of California entered an order granting the CFTC’s motion for entry of default judgment against California-based John D. Black and his affiliated entities Financial Tree (d/b/a Financial Tree Trust); Financial Solution Group (d/b/a Financial Solution Group Trust); and New Money Advisors, LLC; and his associates Christopher Mancuso and Joseph Tufo; as well as Colorado-based John P. Glenn and his law firm, The Law Firm of John Glenn, P.C. The order finds they are liable for solicitation fraud in connection with binary options and retail foreign currency (forex) transactions, fraud by commodity pool operators (CPOs) and associated persons (APs), multiple CFTC registration violations, and failure to comply with CPO regulations.