News Centre

EPA Challenges Customer Dispute Process To Mitigate Chargebacks And Financial Fraud - New Research Explores The Threat Of ‘Double Credits’ And Offers Recommendations To Provide The Catalyst For Action

Date 06/05/2021

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its thought leadership piece, ‘Customer Disputers: A review of Chargebacks and Double Credits’ in partnership with Chargebacks911 and Fi911.

Shanghai Gold Exchange: Notification On Adjusting Margin Rates And Price Limits Of Deferred Contracts

Date 06/05/2021

As the prices of gold and silver deferred contracts are stable in recent trading days, SGE will adjust the margin rates and price limits of Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, NYAuTN12 and Ag(T+D) according to the Measures for the Administration of Risk Control of the Shanghai Gold Exchange. Detailed adjustments are as below:

As of after-hours clearing on May 7th (Friday) 2021, margin rates for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, NYAuTN12 will be reduced from 12% to 8%, and the price limits will be reduced from 11% to 7% starting from the following trading day; margin rate for Ag(T+D) will be reduced from 16% to 12%, and the price limit will be reduced from 15% to 11% starting from the following trading day.

Greece’s Eurobank Selects Temenos To Reimagine Wealth Management For The Digital Age

Date 06/05/2021

• Front-to-Back platform modernization with Temenos Wealth will help Eurobank strengthen its position in wealth management and affluent segment
• Eurobank will use Temenos advanced AI technology to create a fully-digital investment portfolio management service, including Robo-Advisor app to target Greece's affluent and mass affluent market
• New tools will help meet customers growing need and preference to save and invest digitally

Mohammed bin Rashid Issues Law Expanding DIFC Objectives

Date 06/05/2021

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2021 relating to Dubai International Financial Centre (DIFC).

Deutsche Börse Acquires Remaining Stake In Clearstream Fund Centre

Date 06/05/2021

• Deutsche Börse AG acquires outstanding 49% stake from UBS and becomes sole shareholder of Clearstream Fund Centre, a leading European fund distribution platform with more than EUR 300 billion assets under administration
• The transaction completes the transition from UBS to Deutsche Börse and marks the successful integration into the Group’s post-trade services provider Clearstream
• UBS remains a key long-term partner and client of Clearstream Fund Centre
• Clearstream Fund Centre and Clearstream’s investment funds processing business have shown strong growth momentum since the integration with a reported Q1 2021 EBITDA of EUR 52.6 million, strong 23% organic yoy net revenue growth and a total of EUR 3.1 trillion of assets under custody, building out its leading position in the funds processing and distribution market

Japan Exchange Group: Status Of Acquisition Of Own Shares

Date 06/05/2021

Japan Exchange Group, Inc. hereby announces the status of matters regarding acquisition of own shares pursuant to the provisions of its Articles of Incorporation and Article 459, Paragraph 1 of the Companies Act, which was resolved at its Board of Directors meeting held on April 28, 2021.

SGX RegCo Leverages RegTech For Oversight Of Listed Issuers

Date 06/05/2021

Singapore Exchange Regulation (SGX RegCo) is introducing the use of artificial intelligence and other RegTech solutions to enhance its oversight of listed issuers.

Coface Quarterly Barometer: US Leads The Global Recovery, Emerging Economies Lag Behind

Date 06/05/2021

More than a year after the start of the pandemic, global economic trends are uneven due to lingering uncertainties around the spread of COVID-19. The acceleration of the vaccination process, as well as its effectiveness, are key to an economic recovery. In this context, the prospects for a return to normalcy are both uneven and uncertain across sectors of activity and geography, according to the latest barometer from Coface, a leading player in the credit insurance industry.

ASX Group Monthly Activity Report - April 2021

Date 06/05/2021

Trading – Cash Markets (including equities, interest rate and warrant trades)

• In April 2021, the average daily number of trades was 24% lower than the pcp. The average daily value traded onmarket of $5.0 billion was down 26% on the pcp. 
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.4% in April (compared to 1.6% in the pcp). 
• Expected future volatility (as measured by the S&P/ASX 200 VIX) in April was an average of 11.7 (compared to 31.4 in the pcp).

Taiwan Futures Exchange Newsletter - May 2021

Date 06/05/2021

TAIFEX will hold the annual shareholders’ meeting at 2:00 pm on June 25, 2021. The meeting will be convened in the TAIFEX auditorium on the 6th floor, 100 Roosevelt Rd., Sec 2, Taipei City.