News Centre

THETA Trading Technologies Hires Peter Meddemmen As CTO

Date 06/02/2020

THETA, the specialist provider of buy-side trading technology as a service, has appointed Peter Meddemmen as its Chief Technology Officer. 

MDXT Aligns With TP ICAP’s Data & Analytics Business To Maximise Value From Data

Date 06/02/2020

• Meeting client demand for flexible access to premium content
• Broadening data distribution to Excel, web, mobile & Symphony
• Supplementing existing channels to market

Direxion Provides Safe Havens To Investors, Releasing Its New Multi Asset Flight To Safety ETF Tracking Solactive Index

Date 06/02/2020

In times of economic uncertainty, investors search for a fallback-strategy enabling them to securely diversify their portfolios. Investors’ requirements are demanding as their investments should both withstand tumultuous markets and, at the same time, maintain an adequate return. New York-based Asset Manager Direxion tackles this compromise by issuing a Swiss-army knife index strategy, which utilizes three low- correlating asset classes covering utility stocks, U.S. Treasury bonds, and commodities, to achieve an optimal asset allocation depending on market movements. The resulting Direxion Flight to Safety ETF (NYSE: FLYT) demonstrates Solactive’s expertise in Complex Index creation.

ESMA Sets Out Its Strategy On Sustainable Finance

Date 06/02/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its Strategy on Sustainable Finance. The strategy sets out how ESMA will place sustainability at the core of its activities by embedding Environmental, Social, and Governance (ESG) factors in its work.

SGX Welcomes Elite Commercial REIT To Mainboard

Date 06/02/2020

Singapore Exchange (SGX) today welcomed Elite Commercial REIT, the first UK-focused Singapore REIT, to its Mainboard under the stock code “MXNU”.

Hong Kong Securities And Futures Commission Bans Christopher Tse For 12 Months

Date 06/02/2020

The Securities and Futures Commission (SFC) has banned Mr Christopher Tse, a former research analyst at RHB Securities Hong Kong Limited (RHBSHK), from re-entering the industry for 12 months from 31 January 2020 to 30 January 2021.

Global Compact And Capital Markets Malaysia Commit To Advancing Malaysia’s Corporate Sustainability Agenda

Date 06/02/2020

Global Compact Network Malaysia, the local network of the United Nations Global Compact, and Capital Markets Malaysia have jointly launched the Global Compact Network Malaysia Centre of Excellence (COE) to drive strategic development of the sustainability agenda and to accelerate the performance of corporate Malaysia in supporting the achievement of the Sustainable Development Goals (SDGs).

Kcell Ordinary Shares And GDRs Have Been Listed On AIX

Date 06/02/2020

Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that ordinary shares and global depositary receipts (GDRs) of Kcell JSC (“Kcell”), the leading provider of mobile telecommunications services in Kazakhstan, have been admitted to the AIX official list effective February 6, 2020. Secondary trading is expected to start on February 7, 2020. Kcell shares will be traded under (KCEL) ticker with quotation and settlement in KZT and fully fungible between AIX and Kazakhstan Stock Exchange, GDRs will be traded under (KCEL.Y) ticker with quotation and settlement in USD and fully fungible between London Stock Exchange and AIX.

What SGX Expects Of Disclosures Involving Significant Litigation

Date 06/02/2020

One of the foundations of the disclosure-based regime is the continuous disclosure obligation on listed companies, where material information is immediately announced so that investors are able to make informed investment decisions. 

United States-Singapore Joint Statement On Financial Services Data Connectivity

Date 06/02/2020

U.S. Treasury Under Secretary for International Affairs Brent McIntosh and Monetary Authority of Singapore Deputy Managing Director Jacqueline Loh met in Singapore to discuss the importance of data connectivity in financial services.  At the conclusion of their meeting, Under Secretary McIntosh and Deputy Managing Director Loh issued the following joint statement:

The United States and Singapore recognize that the ability to aggregate, store, process, and transmit data across borders is critical to financial sector development.  The expanding use of data in financial services and the increasing use of technology to supply financial services offer a range of benefits, including greater consumer choice, enhanced risk management capabilities, and increased efficiency.  These developments also pose new and complex risks for markets and challenges for policymakers and regulators.  The United States and Singapore are committed to working together and with other countries to promote an environment in financial services that fosters the development of the global economy.