News Centre

Digital Vega And Spark Systems Partner To Offer Best Of Breed FX Trading Solution

Date 29/01/2021

Digital Vega, the leading FX Options e-trading platform and provider of FX Options trading solutions, and Spark Systems, the Singapore based builders of cutting edge, low latency, and cost effective next generation FX trading platforms, today announced a strategic partnership to offer clients a technology platform for trading the full suite of FX products: Options, Spot, Forwards, Swaps and NDF’s. 

Closure Of Bursa Malaysia In Conjunction With Federal Territory Day & Chinese New Year Holidays

Date 29/01/2021

Please be informed that Bursa Malaysia and its subsidiaries will be closed on the following dates:

1. Federal Territory Day (Monday, 1st February 2021)

Bursa Malaysia and its subsidiaries will resume business on Tuesday, 2nd February 2021

Shanghai Stock Exchange Issues Main Business Rules For Infrastructure REITs

Date 29/01/2021

In order to improve the system of supporting rules for the publicly offered infrastructure Real Estate Investment Trusts (REITs) and ensure the orderly implementation of the pilot program, in accordance with the overall work deployment of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) has formulated and issued three sets of main business rules, namely the Business Measures for the Publicly Offered Infrastructure Real Estate Investment Trusts (REITs) (for Trial Implementation) (the "Business Measures" for short), the Guidelines No. 1 for the Application of the Rules for the Publicly Offered Infrastructure Real Estate Investment Trusts (REITs) - Review Concerns (for Trial Implementation) (the "Review Concerns" for short), and the Guidelines No. 2 for the Application of the Rules for the Publicly Offered Infrastructure Real Estate Investment Trusts (REITs) - Offering Business (for Trial Implementation) (the "Offering Business Guidelines" for short). The official release of the three sets of rules marks the new progress made by the SSE in advancing the pilot program of the publicly offered infrastructure REITs.

Japan Exchange Group: Schedule Update For Setting Up Systems At New Secondary Center

Date 29/01/2021

With the aim of further enhancing stability in operating its markets, Japan Exchange Group, Inc. has been constructing a new secondary data center (back-up center) in the Kansai region. As such, we hereby update the schedule for setting up systems at the center as indicated in the PDF below.

Shanghai International Energy Exchange’s LSFO Futures Completed Its First Shipment Of Overseas Take-Delivery: First Case Of Overseas Take-Delivery In China’s Futures Market

Date 29/01/2021

From January 19 to 23, 2021, the first cross-border take-delivery of low sulfur fuel oil (LSFO) futures, a product listed on the Shanghai International Energy Exchange (INE), ended in success, with a total of 3,500 metric tons of LSFO being withdrawn through an overseas commodity storage facility run by PetroChina International (Singapore) Pte. Ltd. under INE’s group delivery framework. This signifies that INE’s innovative design of “domestic delivery + overseas take-delivery” was for the first time put into practice.

ASIC: Pershing Securities Australia Pty Ltd Fulfills Additional Licence Conditions

Date 29/01/2021

The additional licence conditions imposed on Pershing Securities Australia Pty Ltd (PSAL) in December 2019 have been removed as of 14 December 2020. 

ISDA - Transition To RFRs Review: Full Year 2020 And the Fourth Quarter Of 2020

Date 28/01/2021

The Transition to Risk-free Rates (RFRs) Review analyzes the trading volumes of over-the-counter (OTC) and exchange-traded interest rate derivatives (IRD) that reference the selected alternative RFRs, including the Secured Overnight Financing Rate (SOFR), the Sterling Overnight Index Average (SONIA), the Swiss Average Rate Overnight, the Tokyo Overnight Average Rate, the Euro Short-Term Rate and the Australian Overnight Index Average.

New York Attorney General James Reviewing Robinhood App Activity

Date 28/01/2021

New York Attorney General Letitia James today released the following statement in regards to recent activity related to the Robinhood application and the trading of GameStop stock:

“We are aware of concerns raised regarding activity on the Robinhood app, including trading related to the GameStop stock. We are reviewing this matter.”

SIFMA Asks SEC To Pause Activity In The CAT To Assess Need To Collect Investors’ Personally Identifiable Information

Date 28/01/2021

In a letter to the Securities and Exchange Commission (SEC) today, SIFMA requested that the SEC immediately order a temporary pause related to the further development and implementation of the final full Customer & Account Information System (CAIS) technical specification on customer and account reporting to the Consolidated Audit Trail (CAT).  This pause would allow for an assessment of whether the personally identifiable information (PII) and other customer-related data planned to be reported to and maintained within the customer database is necessary or appropriate to fulfill the purpose of the CAT, particularly in light of the evolving risk landscape.

ISDA - Video: Who Uses Derivatives And Why?

Date 28/01/2021

Thousands of companies around the world use derivatives to reduce risks for their businesses and increase certainty for their customers.