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News Centre
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Completion Of Round 1 Of The UAE Securities And Commodities Authority Fintech Megathon
Date 23/11/2021
Teams from the United Kingdom and United States have been crowned the winners of United Arab Bank’s (UAB) and the Abu Dhabi Securities Exchange’s (ADX) respective challenges under the first phase of the SCA Fintech Megathon. The first-of-a-kind nationwide Megathon, launched in May 2021 under the patronage of H.E. Abdullah bin Touq Al Marri, Minister of Economy (MoE) and Chairman of the Board of the Securities and Commodities Authority (SCA), is aimed at furthering the development of the fintech industry by bringing together a large army of startups specialized in financial services technology.
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MOEX Boosts International Shares Offering To Over 500 Stocks
Date 23/11/2021
Moscow Exchange plans to admit shares of 80 international companies including Nasdaq, Airbnb, Domino's Pizza, Gartner, Motorola Solutions and others to trading on 1 December 2021. This will bring the number of shares and depository receipts of international issuers available for trading on Moscow Exchange to 521.
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SGX Broadens Partnership With UOBAM With Launch Of Yield-Focused Green REIT ETF
Date 23/11/2021
Singapore Exchange (SGX) today welcomed the listing of the UOB APAC Green REIT ETF, catering to investors’ demand for high-yielding real estate investment trusts (REIT) instruments and sustainable investing.
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Singapore-Chongqing Financial Connectivity Strengthens Amid The Pandemic
Date 23/11/2021
Financial connectivity between Singapore and the Western Region of China has strengthened over the past year despite the pandemic. The China-Singapore (Chongqing) Connectivity Initiative (CCI) has helped to catalyse US$3 billion in multi-currency financing deals from the Western Region this year, amounting to over US$17 billion in cross-border deals since the CCI’s inception in 2015. These figures were shared at the opening ceremony of the 4th China-Singapore (Chongqing) Connectivity Financial Summit that was held this afternoon.
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Hong Kong FinTech Week 2021 Celebrates Global Hub's Scale-Up Opportunities
Date 23/11/2021
Hong Kong FinTech Week (HKFW) 2021 ended on November 5, closing a global conference exploring an array of business opportunities for the fintech industry in Hong Kong and across the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The Week, which featured renowned speakers from around the world, revealed several key policy announcements and put a spotlight on Hong Kong as the destination for fintech start-ups and scale-ups to expand business in Asia.
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BISX Quarterly Statistical Report Q3 2021
Date 22/11/2021
BISX is pleased to announce its BISX All-Share Index and trading statistics for the nine-month period ending September 30, 2021 with comparison to the same period of 2020.
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Nadex Temporarily Grants Market Maker Quoting Exemption Due To Illiquid Markets
Date 22/11/2021
Pursuant to the Nadex Market Maker Agreement, Section 4, Subsection (a)(iv), Market Maker(s) may refrain from submitting quotes during a period of illiquidity in the underlying markets, defined as thinly traded markets during particular time period.
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SEC Charges Oilfield Services Company And Former CEO With Failing To Disclose Executive Perks And Stock Pledges
Date 22/11/2021
The Securities and Exchange Commission today announced that Texas-based oilfield services company ProPetro Holding Corp. and its founder and former CEO Dale Redman have agreed to settle charges that they failed to properly disclose some of Redman’s executive perks and two stock pledges.
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CFTC Awards Approximately $1 Million To Two Whistleblowers
Date 22/11/2021
The Commodity Futures Trading Commission today announced awards totaling nearly $1 million to two whistleblowers whose information led the CFTC to bring a successful enforcement action. Both whistleblowers provided significant information and substantial assistance to CFTC staff during the underlying investigation.
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ICE Announces Planned Launch Of Phase One Of ICE Risk Model 2.0, A VaR-Based Portfolio Margining Methodology
Date 22/11/2021
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the first phase of its futures and options initial margin methodology update from ICE Risk Model (IRM 1.0) to a Value-at-Risk (VaR)-based portfolio margining methodology, IRM 2.0.
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