News Centre

AIX And Renaissance Capital Held An Annual ‘Kazakhstan In Focus Day’ For Global Investors

Date 05/03/2021

Astana International Exchange (“AIX”, “Exchange”) and Renaissance Capital, a leading emerging and frontier markets investment bank, held a Virtual Conference ‘Kazakhstan in Focus Day’. This specialized regional event brought together Kazakh companies and representatives of more than 40 global funds with total assets under management over $6.2trn.

Hong Kong Securities And Futures Commission And Police Joint Operation Against Suspected Ramp-And-Dump Syndicate

Date 05/03/2021

The Securities and Futures Commission (SFC) and the Police have conducted a joint operation against an active and sophisticated syndicate suspected of operating ramp and dump manipulation schemes.  These schemes drive up the share prices of target stocks and then induce unwary investors via social media platforms to buy shares at artificially high prices.  Syndicates then sell shares in a manner which nets them substantial profits whilst leaving innocent victims with substantial financial losses.

Bursa Malaysia Derivatives Revamps Crude Palm Kernel Oil Futures Contract (FPKO) To Meet The Needs Of The Industry

Date 05/03/2021

Bursa Malaysia Derivatives Berhad (“BMD”) will launch the revamped Crude Palm Kernel Oil Futures (“FPKO”) Contract, implementing several enhancements to the contract specifications to meet the evolving needs of the industry. The revamped FPKO Contract will be made available to traders on Monday, 8 March 2021. 

Moscow Exchange To Convene AGM In Absentia On 28 April

Date 05/03/2021

At its meeting on 4 March 2021, the Supervisory Board of Moscow Exchange set the date of the Annual General Meeting of Shareholders (AGM) as 28 April 2021, with the meeting to be held in absentia.

Tokyo Commodity Exchange: Public Comments On Proposed Revision To ”Contingency Plan With Regard To Trading In The Derivatives Market”

Date 05/03/2021

TOCOM will solicit comments on the Contingency Plan revisions from the public in a manner described below. Please submit your comments following this guideline.

London Stock Exchange Group Plc Preliminary Results For The Year Ended 31 December 2020

Date 05/03/2021

Unless stated otherwise, all figures in the highlights below refer to 12 months to 31 December 2020 and comparisons with the prior 12 month period on the same basis.

• Strong financial performance – revenue growth continues across our businesses despite challenging market conditions
• Strong operational resilience across the Group’s data, trading and clearing platforms
• Successful completion of the acquisition of Refinitiv in January 2021 - transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership with customers
• Acquisition will accelerate the Group’s growth strategy and position as a leading global financial markets infrastructure and data provider - increasing its global footprint and adding leading data, analytics and multi-asset class capital markets capabilities
• The Group is focused on delivering the strategic benefits of the transaction for customers, shareholders and broader stakeholders - extensive integration programme roll-out underway across the three core operating divisions: Data & Analytics, Capital Markets, and Post Trade

Temenos And Canadian Western Bank Break the Boundaries Of SME Banking With An Explainable AI Digital Banking Solution

Date 05/03/2021

• Temenos Virtual COO offers open banking-driven data aggregation with real-time insights for SME owners to take control of their business growth, ultimately enabling smarter funding
• First Explainable AI-driven solution in the market empowers SMEs by providing a Virtual Chief Operating Officer in your pocket – a digital advisor for smart decision-making – helping SMEs run the business, freeing up time and providing insights to grow
• With Temenos Virtual COO, financial institutions around the world will be able to empower SMEs with intelligent business banking, and drive growth with funding innovation as business owners navigate the challenges of the pandemic

Moscow Exchange Announces Results For The Full Year 2020

Date 05/03/2021

Moscow Exchange (MOEX) today announces its financial results in accordance with International Financial Reporting Standards (IFRS) for the year ended 31 December 2020. Fee and commission income (F&C) grew across every business line, driving another year of record F&C income. Overall, F&C rose by 30.9%, the largest increase in MOEX’s history as a public company, resulting in a 24.6% expansion of net income.

ICE Benchmark Administration Publishes Feedback Statement For The Consultation On Its Intention To Cease The Publication Of LIBOR® Settings

Date 05/03/2021

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced that ICE Benchmark Administration Limited (IBA), the authorized and regulated administrator of LIBOR®, has today published a feedback statement for the consultation on its intention to cease the publication of LIBOR® settings.

UK Financial Conduct Authority: Announcements On The End Of LIBOR

Date 05/03/2021

The FCA has announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available. This is an important step towards the end of LIBOR, and the Bank of England and FCA urge market participants to continue to take the necessary action to ensure they are ready.