News Centre

UK Financial Conduct Authority Censures Aviva Plc For Listing And Transparency Rules Breach

Date 26/10/2020

Moscow Exchange: Risk Parameters Change For The Security RU000A0ZYLQ4

Date 26/10/2020

As per the Securities market risk parameters methodology, on 26.10.2020, 12-00 (MSK) the upper bound of the price band (up to 119.44) and initial margins (up to 21.25 %) for the security RU000A0ZYLQ4 were changed. New values are available here

Shenzhen-Hong Kong ETF Connect Successfully Opened, Enhancing The Integration Of Financial Markets In The Guangdong-Hong Kong-Macao Greater Bay Area

Date 26/10/2020

On October 23, Shenzhen-Hong Kong ETF Connect was officially opened. SZSE and the Hong Kong Exchanges and Clearing Limited (HKEX) held the ceremony separately in strict accordance with the requirements on regular pandemic prevention and control. At the ceremony held by SZSE, Ai Xuefeng, Vice Mayor of Shenzhen, Shen Bing, Director of the Office of Hong Kong, Macao and Taiwan Affairs at China Securities Regulatory Commission (CSRC), and Sha Yan, SZSE General Manager, attended and addressed the ceremony. Executive Director Choi Fung Yee of the Investment Products Division at the Securities and Futures Commission (SFC), and HKEX Group CEO Li Xiaojia addressed the ceremony via video. Ai Xuefeng, Shen Bing, Sha Yan, Chairman Dai Wenhua of China Securities Depository and Clearing Corporation Limited (CSDC), Chairman Zhao Xuejun of Harvest Fund, and General Manager Wang Lixin of Yinhua Fund Management Co. Ltd. jointly rang the bell for trading of the first batch of Shenzhen-Hong Kong ETF Connect products. Nearly 100 leaders and guests from relevant departments of CSRC, CSRC Shenzhen Branch, Shenzhen Municipal Financial Regulatory Bureau, CSDC, Asset Management Association of China and financial institutions and news media in Shenzhen and Hong Kong attended the opening ceremony and witnessed another important moment of interconnection between the Shenzhen capital market and the Hong Kong capital market.

Finastra Launches Fusion Data Cloud Next Generation Data Platform For Rapid Financial Services Innovation - Comprehensive Solution Enables Financial Institutions To Improve Customer Engagement, Achieve Operational Efficiency, Manage Risk, And Boost Revenue Growth

Date 26/10/2020

Finastra today announced the availability of its next-generation data offering, Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitize processes for efficiency, and manage risk.

Moscow Exchange: Risk Parameters Change For The Securities

Date 26/10/2020

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

BCS Global Markets Lands New COO For Its Investment Bank

Date 26/10/2020

BCS Global Markets (“BCS”), the investment services division of Russia’s largest independent broker, has appointed the former Sberbank Head of IT and Operations as the new Chief Operations Officer for its Investment Banking (“IB”) business.

Shenzhen Stock Exchange And China SME Development Fund Deepen Strategic Cooperation To Jointly Improve The Breadth And Depth Of Services For SMEs

Date 26/10/2020

On October 23, SZSE and China SME Development Fund Co., Ltd. (“China SME Development Fund”) signed a framework agreement on strategic cooperation. The two parties had in-depth discussions on implementing the national innovation-driven development strategy, boosting the development of innovative technology companies, private companies and growth enterprises, and giving better play to the role of the capital market in serving the real economy. SZSE Chairman Wang Jianjun, SZSE General Manger Sha Yan, Chairman of China SME Development Fund Ma Xianghui and others attended relevant activities.

Deutsche Börse Cash Market: flatex AG New In Prime Standard

Date 26/10/2020

flatex AG (ISIN: DE000FTG1111) has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since today. The company with headquarters in Frankfurt was previously listed in the Scale segment. 

Shenzhen Stock Exchange Strictly Monitors Trading Of Convertible Bonds And Warns Investors About Trading Risk

Date 26/10/2020

The convertible bond market was active recently, with drastic price fluctuations. The trading prices of some convertible bonds seriously deviated from their companies’ stock prices. By the close of trading on October 23, four convertible bonds on SZSE recorded a conversion premium of over 150%, among which, Henghe Convertible Bond (123013) had the highest conversion premium, 236.80%. Because convertible bonds have debt, equity and convertible features at the same time, holders can convert bonds into common stocks according to the price and time agreed upon the issuance of convertible bonds. There is a positive correlation between the trading prices of convertible bonds and company stock prices. When there is a substantial deviation in the prices, there will be a big valuation risk for the convertible bonds. Investors should be on high alert and invest with rationality.

Bitfinex Derivatives To Launch Silver (XAGF0:USTF0) Perpetual Swap

Date 26/10/2020

Bitfinex Derivatives* offers a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform. Bitfinex Derivatives has today announced the launch of a perpetual contract for Silver (XAGF0:USTF0).