News Centre

Hong Kong Securities And Futures Commission Reprimands And Fines Grand International Futures Co., Limited $8 Million And Suspends Its Responsible Officer For Regulatory Breaches

Date 30/12/2021

The Securities and Futures Commission (SFC) has reprimanded and fined Grand International Futures Co., Limited (GIFCL) $8 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) and other regulatory requirements between October 2017 and October 2018.

Moscow Exchange: Risk Parameters Changes For The Securities RU000A0JX0Z8 And RU000A0JWMS6

Date 30/12/2021

Please follow the links below to access the information:

Risk parameters change for the security RU000A0JX0Z8
Risk parameters change for the security RU000A0JWMS6

High Trading Volumes At Boerse Stuttgart Group In 2021 - Boerse Stuttgart Reports Turnover Of EUR 107 Billion - Exchange-Traded Products Set Turnover Record - Trading Volume In Crypto Business Increases Fivefold To EUR 8.1 Billion

Date 30/12/2021

Boerse Stuttgart Group looks back on a successful year. “Our strategic pillars in the capital markets and exchange business and in the digital and crypto business developed very positively in 2021,” says Dr Matthias Voelkel, Member of the Management Board and Chief Executive Officer of Boerse Stuttgart Group as of 1 January 2022. “We are extremely well positioned in both these business areas to grow and further expand our market position. As the sixth largest exchange group in Europe, we operate exchanges in Germany, Sweden and Switzerland, a European off-exchange network and a broker that is active on several European trading venues. We have also built the largest digital and crypto business of the European exchange groups."

Hong Kong Securities And Futures Commission Bans Chu Chun Wai For Seven Months For Supervisory Failures

Date 30/12/2021

The Securities and Futures Commission (SFC) has prohibited Mr Chu Chun Wai, a former responsible officer (RO) and executive director of Zhonghui International Futures Company Limited (ZIFC), for seven months from 29 December 2021 to 28 July 2022.

Zhengzhou Commodity Exchange: Notice On Matters Concerning Transaction Fee Standards For Certain Futures Contracts

Date 30/12/2021

According to Article 27 of Detailed Rules for Futures Clearing of Zhengzhou Commodity Exchange, the Exchange has decided upon discussion to suspend the measures of Notice on Fee Adjustment for Certain Futures Contracts (No.481 〔2020〕ZCE Notice) from January 1, 2022.

Moscow Exchange: Risk Parameters Change For The Security DE-RM

Date 30/12/2021

As per the Securities market risk parameters methodology, on 30.12.2021, 10-06 (MSK) the lower bound of the price band (up to 24030) and initial margins (up to 23.75 %) for the security DE-RM were changed. New values are available here

UK Financial Conduct Authority: New Year Delivers Fairer Home And Motor Insurance Renewals

Date 30/12/2021

From 1 January insurers will be banned from quoting customers a higher price for renewing their home or motor insurance than they would pay if they were a new customer. The new rules brought in by the Financial Conduct Authority (FCA) are expected to save consumers 4.2bn over the next 10 years.

Euronext Confirms Its Position As Number One Equity Listing Venue In Europe In 2021

Date 30/12/2021

• 2021 record year for Euronext’s primary markets

• 212 new equity listings on Euronext markets in 2021 – an all-time record – representing an aggregated market capitalization of €123 billion, and raising €26 billion in new capital

• 14,600+ new bond listings on Euronext markets in 2021, including 400+ new ESG bond listings

• 700+ new clients for Euronext Corporate Services in 2021

Dubai Financial Market Announces New Trading Hours From Monday To Friday

Date 30/12/2021

• Five hours of daily trading between 10 AM and 3 PM 
• The new trading window harmonizes DFM’s operations with international markets

HKEX Foundation Raises $138M For Charity In 2021

Date 30/12/2021

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that HKEX Foundation has raised $138 million in 2021, funding a wide range of projects and charities to support Hong Kong’s most vulnerable and in need.