News Centre

UK Centre For Policy Studies: Carbon Taxes Would Be A Powerful Tool In The Fight Against Climate Change

Date 04/02/2021

Responding to the Prime Minister's reported plans to introduce carbon taxes, Eamonn Ives, Senior Researcher at the Centre for Policy Studies, said: 

"It's encouraging to see the Government express its interest in carbon taxes - which have been proven to be powerful tools in the fight against climate change, but are woefully underutilised. Ideally, any carbon tax would be applied uniformly across the economy to avoid creating economic distortions, and to capture as many sources of emissions as possible, including from imported carbon intensive goods and energy - as previously called for by the CPS.

EEX: Cornerstones For A Transitional Regulation Of Transport Infrastructure For Hydrogen As Proposed By BMWi And BNetzA

Date 04/02/2021

EEX welcomes that BMWi and BNetzA propose short-notice transitional regulation to allow for a quick ramp-up of transport infrastructure for hydrogen. The transition period, however, shall be limited and there must not be different parallel regulatory regimes.  

SET Launches Practices Of How 149 Thai Listed Firms Weather Through Crisis Toward Sustainable Growth

Date 04/02/2021

The Stock Exchange of Thailand (SET) revealed “Sustainable Development Showcase 2020” which has incorporated practices of how 149 listed companies managed the COVID-19-induced crisis. The report gathered these companies’ information in aspects of emergency response, crisis management, impact mitigation and business recovery, aiming to benefit business owners and interested public in adapting the lessons learned.

Eurosystem Agrees On Common Stance For Climate Change-Related Sustainable Investments In Non-Monetary Policy Portfolios

Date 04/02/2021

• Eurosystem agrees on common stance for climate change-related sustainable and responsible investment principles for euro-denominated non-monetary policy portfolios
• Common stance promotes disclosures and understanding of climate-related risks
• Eurosystem aims to start climate-related disclosures for these types of portfolios within two years

Bitfinex On The Rise Amid Surge In New Customer Accounts

Date 04/02/2021

Bitfinex, a state-of-the-art digital token trading platform, has had a 300 per cent increase in new accounts in the first month of 2021 as the exchange charts a course towards becoming the preeminent crypto trading hub.

TrackInsight: Historic Flows For ESG ETFs As Assets Surge To New Highs

Date 04/02/2021

Anglo-Gulf Trade Bank Disrupts Global Trade Banking With Fenergo - Addresses Chronic Shortage Of Trade Finance To Businesses Globally With Fenergo’s API-Led CLM Solutions

Date 04/02/2021

The world’s first digital trade finance bank, Anglo-Gulf Trade Bank (AGTB) Limited (“AGTB”), based in the United Arab Emirates (UAE), has chosen Fenergo, the leading provider of digital Client Lifecycle Management solutions (CLM) to deploy its CLM platform.

HKEX: Incentive Enhancements For MSCI Asia And Emerging Market Index Futures And Options Suite - Update

Date 04/02/2021

Reference is made to the circular (ref: MKD/EQD/21/20) dated 11 August 2020 regarding the Incentive Enhancements for MSCI Asia and Emerging Market Index Futures and Options Suite (“MSCI Suite”) and the circular (ref: MKS/EQD/23/20) dated 18 September 2020 regarding the Introduction of Five New MSCI Index Futures Contracts. Hong Kong Futures Exchange Limited (“the Exchange”) is pleased to announce the following updates:

HKEX Monthly Market Highlights

Date 04/02/2021

Highlights

- Securities Market

• Market capitalisation was $50.7 trillion at the end of January 2021, an increase of 41 per cent from $36.0 trillion for the same period last year.
• The average daily turnover in January 2021 was $245.7 billion, an increase of 136 per cent from $103.9 billion for the same period last year.
• The average daily turnover of derivative warrants in January 2021 was $13.3 billion, an increase of 40 per cent when compared with $9.5 billion for the same period last year.
• The average daily turnover of CBBCs in January 2021 was $11.9 billion, an increase of 40 per cent when compared with $8.5 billion for the same period last year.
• The average daily turnover of ETFs in January 2021 was $7.2 billion, an increase of 31 per cent when compared with $5.5 billion for the same period last year.
• The average daily turnover of L&I Products in January 2021 was $1.1 billion, an increase of 38 per cent when compared with $0.8 billion for the same period last year.
• The average daily turnover of debt securities in January 2021 was $300 million, an increase of 36 per cent when compared with $220 million for the same period last year.

Shanghai Gold Exchange: Notification On Market Risk Control During The Chinese New Year Holiday In 2021

Date 04/02/2021

According to the holiday schedule of SGE, the market will be closed from February 11th (Thursday) to February 17th (Wednesday), and there will be no night trading session on February 10th (Wednesday). The market will open for trading on February 18th (Thursday).