News Centre

China Renaissance Selects Broadridge To Expand Post-Trade Processing Via Stock Connect

Date 07/07/2021

To facilitate the clearing and settlement of both Shenzhen- and Shanghai-listed equities, China Renaissance has expanded its post-trade processing relationship with Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, via Stock Connect. The successful expansion announced today builds on the solutions China Renaissance have offered clients in equity trading via Stock Connect, with Broadridge’s post-trade solution implemented in March 2020. This expansion is in addition to the Hong Kong-listed equities processing Broadridge successfully has provided to China Renaissance since 2016.  As part of the growing relationship, both firms are jointly planning for upcoming market and regulatory changes, such as Hong Kong Exchange’s (HKEX) Synapse program and FINI (Fast Interface for New Issuance) proposal, which aims to replace the existing “T+5” process with “T+1” for newly listed shares on HKEX. 

TORA Integrates Glimpse Bond Data Solution To Empower The Buy-Side

Date 07/07/2021

TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS) has announced they are integrating the Glimpse Markets buy-side data sharing tool for fixed income into their multi-asset platform.

SET Market Report For June 2021

Date 07/07/2021

The global economic recovery, Thai baht depreciation to its 13-month low, and lower production costs resulting from the commodity prices are contributing factors to Thailand’s export growth. The value of exports in May surged by 41.59 percent, compared to the same period last year. However, the rise of domestic COVID-19 cases and slightly delayed vaccine rollout have caused investors’ concerns over the country’s planned reopening, while Thailand’s economic recovery rate may be lower than analysts’ forecast at the beginning of the year.

Moscow Exchange: Risk Parameters Change For The Security RUSE

Date 07/07/2021

As per the Securities market risk parameters methodology, on 07.07.2021, 10-14 (MSK) the upper bound of the price band (up to 3802.5) and initial margins (up to 31.25 %) for the security RUSE were changed. New values are available here

Aarna Capital Limited, A Member Of DGCX, Becomes The First ADGM Company To Be Recognized As A General Clearing Member Of DGCX In Abu Dhabi - Move Will Enable The DGCX To Expand Access To Its Services Across The UAE

Date 07/07/2021

Following an approval from the Securities and Commodities Authority (SCA), Abu Dhabi-based multi-asset regulated brokerage firm, Aarna Capital Limited (“Aarna”), has become a General Clearing Member of the Dubai Gold and Commodities Exchange (DGCX), the largest and most diversified derivatives exchange in the Middle East.

Dubai Financial Services Authority: Notice Of Consultation Paper Release

Date 07/07/2021

The DFSA has released the following for consultation:

InvestEngine To Set A New Standard Of Long-Term Investing

Date 07/07/2021

• New research reveals concerning culture of investing from younger generation 
• Innovative portfolio-first investing features including smart top-ups and one-click rebalancing  
• Choice of 150+ expert-selected ETFs 
• Commission-free dealing with NO account charges 
• £50 welcome bonus for new customers 

Zelig Expands Presence In Asia With Appointment Of Vikash Kabra

Date 07/07/2021

Creditspring Hits Key Customer Milestone As UK Consumers Seek Support To Manage Finances

Date 07/07/2021

• Creditspring reaches 50,000 members since its launch, and revenues and customer base have more than doubled in the last six months.
• Members benefit from two loans per year, with capped costs and no hidden charges.
• Members have so far made savings worth almost £3 million.

SGE Successfully Hosted China-Russia Precious Metal Market Webinar

Date 07/07/2021

In order to promote the win-win development of the precious metal markets in China and Russia, Shanghai Gold Exchange (SGE) and Self-Regulatory Organization "National Financial Association" (SRO NFA) held a "Friendly Cooperation and Share the Opportunities -China-Russia Precious Metal Market Webinar" on June 29, nearly a hundred representatives of market participants from the China and Russia precious metal market attended this webinar. During the meeting, representatives from the SGE and SRO NFA exchanged views on the precious metal markets of China and Russia and the development of Sino-Russian precious metal market cooperation.