News Centre

JPX Monthly Headlines - January 2019

Date 08/02/2019

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users. 

Citi And HSBC Foreign Exchange Prime Broking First To Go Live With Capitolis Novation - Capitolis Has Dramatically Accelerated The Completion Time For FX Options Novations, Benefiting Prime Brokers, Executing Banks And Buy Side Participants - Citi And HSBC Were Live With The Service At The End Of 2018

Date 08/02/2019

Capitolis, the pioneering technology provider for the capital markets, announced today that Citi and HSBC are the first FX prime brokers to be live on Capitolis Novation, its ground-breaking novation service in foreign exchange. The two leading banks were live in December 2018 and contributed to bringing the service to the market alongside Capitolis. The service has streamlined the novation process, helping to meaningfully reduce the time it takes for FX options novations to complete, for the benefit of the sell and buy side.

HKEX Market Opens For The Year Of The Pig

Date 08/02/2019

This morning (8 February), HKEX held a market opening ceremony to welcome in trading for the Lunar New Year, with HKEX Chairman Laura M Cha and Hong Kong Financial Secretary Paul Chan striking the gong at the open, followed by a spectacular lion dance performance.  The ceremony was hosted by our Chairman and HKEX Chief Executive Charles Li, with Securities and Futures Commission Chairman Tim Lui, HKEX directors and senior executives, as well as representatives of market participants in attendance.

Nasdaq Stockholm Orders Cyxone AB To Pay A Fine Corresponding To Two Annual Fees

Date 08/02/2019

The Disciplinary Committee of Nasdaq Stockholm has found that Cyxone AB (”Cyxone” or “the Company”) has breached the regulations of Nasdaq First North (“the Rulebook”) and has therefore ordered Cyxone to pay a fine of two annual fees, corresponding to an amount of SEK 200,000.

FTSE Russell introduces Market Based Allocation Index Series

Date 08/02/2019

• Designed to represent the performance of multi-asset investment portfolios, covering equities, fixed income, cash and other investments
• Five indexes ranging from Conservative to Aggressive, with objectively defined risk tolerance levels
• Asset allocation weights determined using transparent data-driven methodology reflecting real world average allocations
• Draws on FTSE Russell’s family of industry leading benchmarks including US and global equity and fixed income
• Designed for use by the US wealth management and financial advisory community and other multi-asset investors

ASIC: Preparing For Brexit

Date 08/02/2019

The United Kingdom (UK) is scheduled to leave the European Union (EU) on 29 March 2019 (‘Brexit’). The terms of the UK's exit remain subject to on-going negotiation between the UK and EU with a range of outcomes possible. 

Fiserv Reports Fourth Quarter And Full Year 2018 Results

Date 07/02/2019

• GAAP revenue growth of 2 percent in the quarter and for the year;
• GAAP EPS from continuing operations decrease of 43 percent in the quarter and up slightly for the year;
• Internal revenue growth of 4.5 percent in the quarter and for the year;
• Adjusted EPS increase of 24 percent in the quarter and 25 percent for the year;
• Company expects 2019 internal revenue growth of 4.5 to 5 percent and adjusted EPS growth of 10 to 14 percent

In CFTC Action, Court Orders Precious Metals Trader To Pay Penalty And Imposes Trading Ban For Spoofing And Deceptive Or Manipulative Scheme

Date 07/02/2019

The Commodity Futures Trading Commission (CFTC) announced today that Judge Vanessa Bryant of the U.S. District Court for the District of Connecticut issued a Final Judgment and Consent Order on February 5, 2019, against Andre Flotron, a former precious metals trader for UBS AG, requiring him to pay a $100,000 civil monetary penalty for spoofing and engaging in a deceptive or manipulative scheme through his spoofing in violation of the Commodity Exchange Act (CEA) and CFTC Regulations.  The Order also imposes a one-year trading and registration ban.

ISDA Publishes German Bank CDS Protocol

Date 07/02/2019

ISDA has announced the launch of the ISDA 2019 German Bank CDS Protocol, designed to reflect changes being made to credit default swaps (CDS) on German bank reference entities.

SEC Charges Founder Of Online Gaming Company Defrauding Investors

Date 07/02/2019

The Securities and Exchange Commission today charged Robert Alexander with fraudulently raising approximately $9 million from more than 50 individuals by selling investments in Kizzang LLC, a purported online gaming business.