News Centre

Warsaw Stock Exchange : New Rules Of Classification On The Alert List And In The Lower Liquidity Zone

Date 11/10/2019

• Stocks trading at an average price under PLN 0.10 in the last quarter will be put on the Alert List (previously: PLN 0.50)
• Stocks trading at a low liquidity level will be put in the Lower Liquidity Zone, i.e., when the number of transactions in a stock is less than five transactions per trading session at more than one half of all trading sessions in the quarter preceding the periodic verification
• The objective of the modifications is to improve the transparency of rules applicable to stocks trading at a low liquidity level and penny stocks and to align the rules with the new tick sizes
• The new rules apply as of the periodic verification of stocks which will take place at the end of Q1 2020

Six Months To Go To SFTR For Dealers, One Year For Asset Managers - Comment From DTCC

Date 11/10/2019

Val Wotton, Managing Director, Product Development and Strategy, Derivatives and Collateral Management at DTCC, said –

“Today marks six months until the introduction of the Securities Financing Transactions Regulation (SFTR) for the broker-dealer community and a year until the implementation date for the buy-side/asset managers. While the broker-dealers have made good progress in their readiness for SFTR implementation, the smaller and medium-sized asset managers have much further to go in their preparations in order to be compliant in time.” 

BNP Paribas Asset Management Launches Euro Multi Factor Equity Fund

Date 11/10/2019

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Euro Multi Factor Equity, a Eurozone equity quantitative stockpicking strategy.  Launched on 18 September, Euro Multi Factor Equity expands the range of multi factor funds managed by BNPP AM's quantitative equity management teams within its Multi Asset, Quantititative & Solutions (MAQS) investment division.

US National Association of Insurance Commissioners - Financial Services Agency Of Japan Insurance Dialogue Held In Washington DC

Date 11/10/2019

On October 2, 2019, representatives from the National Association of Insurance Commissioners of the United States and the Financial Services Agency of Japan met at the Insurance Regular Dialogue in Washington DC. They discussed regulatory and supervisory matters in both countries and recent developments at the International Association of Insurance Supervisors.

Monetary Authority Of Singapore Bans Four Individuals For Engaging In Fraudulent And Dishonest Conduct

Date 11/10/2019

The Monetary Authority of Singapore (MAS) has issued prohibition orders against three former insurance agents and a former bank employee for fraudulent and dishonest conduct. 

Japan Financial Services Agency: Exchange Of Letters On Cooperation In The Area Of Banking Resolution With The Single Resolution Board(SRB)

Date 11/10/2019

On October 11, 2019, the Financial Services Agency and the Single Resolution Board exchanged letters on cooperation in the area of banking resolution to enhance communication and cooperation in this area through the sharing of information between the two authorities.

OpenFin Powers BNP Paribas’ FX Platform Cortex LIVE

Date 11/10/2019

OpenFin, the operating system (OS) of finance, today announces that BNP Paribas has built and deployed their single dealer FX platform, Cortex LIVE, on OpenFin OS.

SZSE Will Undertake WFE’s 60th General Assembly & Annual Meeting In 2020

Date 11/10/2019

From October 8 to 10, 2019, the 59th General Assembly & Annual Meeting of World Federation of Exchanges (WFE) was held in Singapore. More than 300 people attended the meeting, including responsible persons of hundreds of exchanges and clearing houses around the world and representatives of various circles. As the representative of the undertaker of WFE’s next General Assembly & Annual Meeting in 2020, President & CEO of SZSE Mr. Wang Jianjun attended and addressed the meeting. He said that all the reforms and development of SZSE are in a crucial historic opportunity period, as China is making all efforts to push forward a new round of high-level opening-up, and striving to build the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration area of socialism with Chinese characteristics. As an influential organization in finance and securities market in the world, WFE serves as an important platform for its members to share international best practices and promote exchanges and cooperation. Undertaking the WFE’s 60th General Assembly & Annual Meeting in 2020 is a practical measure of SZSE to earnestly implement the Outline of Guangdong-Hong Kong-Macao Greater Bay Area Development Plan and the Opinions on Supporting the Building of Shenzhen into the Pilot Demonstration Area of Socialism with Chinese Characteristics, and also a major way to deepen the participation in international financial cooperation and open wider to the outside world.

The UK Financial Conduct Authority Fines Tullett Prebon 15.4 Million

Date 11/10/2019

The Financial Conduct Authority (FCA) has fined Tullett Prebon (Europe) Limited (Tullett Prebon) 15.4 million for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems and for failing to be open and cooperative with the FCA.

City Exchange’s Forum Sees Gina Miller Receive Standing Ovation, By Roger Aitken

Date 11/10/2019

City hypes and types gathered at Haberdashers’ Hall in London’s Smithfield area this October at the annual MondoVisione exchange forum, hearing from experts on topics ranging from cybersecurity, the impact of Brexit, moves in green finance as well as digital transformation and innovation - all offering insight to the world of tomorrow.