News Centre

Q&A On Shanghai Stock Exchange Soliciting Opinions On Rules For Sci-Tech Innovation Board And Pilot Registration-Based IPO System

Date 30/01/2019

Q1: The preparations for the introduction of the science and technology innovation board and the pilot registration-based IPO system made by the Shanghai Stock Exchange (SSE) have been in full swing. Can you brief us on the progress?

A: On November 5, 2018, CPC General Secretary Xi Jinping announced at the first China International Import Expo that the Science and Technology Innovation Board and the pilot registration-based IPO system will be introduced on the SSE. The SSE has earnestly studied the requirements of General Secretary Xi Jinping's important speech, and thoroughly implemented the requirements made at the Central Economic Work Conference. For more than two months, we have concentrated our efforts, seized every minute, and tried our best to make the introduction of the science and technology innovation board and the pilot registration-based IPO system a success as soon as possible.

Global Witness Reaction To Deloitte's 1MDB Fine

Date 30/01/2019

In response to Malaysia fining Deloitte for their role in 1MDB scandal:

“The epic 1MDB scandal wouldn’t have been possible without endemic failures from lawyers, accountants and bankers.  It’s great to see some of those responsible held to account, but the scale of this fine is hardly going to have a deterrent effect“ said Ava Lee, Senior Anti-Corruption Campaigner at Global Witness."

European Council - Council Of The European Union: Ensuring Continued Funding For The PEACE Programme After Brexit - Council Agrees Its Position

Date 30/01/2019

The EU is set to ensure that the current PEACE programme, which supports peace and reconciliation, can continue between the border counties of Ireland and Northern Ireland under all Brexit scenarios.

UK Financial Conduct Authority Launches Consultation On General Insurance Value Measures Data

Date 30/01/2019

Today the Financial Conduct Authority (FCA) has launched a consultation proposing new rules requiring firms to report General Insurance (GI) value measures data to the FCA for publication. Alongside the Consultation Paper, the FCA has also published a third annual value measures dataset, covering the period August 2017-August 2018.

Pirum Extends North American Offering With US Domestic Tri-Party Connectivity

Date 30/01/2019

Securities Finance Automation leaders Pirum, have recently globalized their tri-party connectivity service.

London Stock Exchange Group Plc Announces Acquisition Of 4.92% Stake In Euroclear Holding SA/NV

Date 30/01/2019

London Stock Exchange Group plc ("LSEG") announces it will acquire an aggregate 4.92% stake in Euroclear’s share capital for €278.5 million (£241.9 million).

Nasdaq To Make An Offer To Acquire Oslo Børs VPS - Supported By The Oslo Børs VPS Board Of Directors

Date 30/01/2019

Nasdaq AB announced today that it will make a public offer to acquire all of the issued shares of Oslo Børs VPS Holding ASA at NOK 152 per share. 

EEX And GDT Take Next Steps Towards Joint Venture For A European Dairy Auction

Date 30/01/2019

The European Energy Exchange (EEX) and Global Dairy Trade (GDT) have successfully concluded the initial consultation period regarding the establishment of a joint venture to operate a European-based auction mechanism for European dairy products.

HKFE Announces Margins For Futures Contracts

Date 30/01/2019

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Friday, 1 February 2019, the margin levels of the following Futures Contracts shall be as follows:

Nasdaq To Make An Offer To Acquire Oslo Børs VPS With Unanimous Support From Oslo Børs VPS Board Of Directors

Date 30/01/2019

• Cash offer to acquire all issued and outstanding shares in Oslo Børs VPS Holding ASA to be made by Nasdaq AB
• Oslo Børs VPS’ Board of Directors and executive management team have unanimously decided to recommend that its shareholders accept the Offer and do not accept the offer from Euronext
• Nasdaq AB has received irrevocable pre-acceptances of the Offer from shareholders representing 35.11% of the total shares of Oslo Børs VPS. Pre-accepting shareholders include Oslo Børs VPS’ two largest shareholders (DNB and KLP)
• The proposed transaction is expected to achieve Nasdaq’s stated ROIC target of at least 10% within 3-5 years, and be accretive to non-GAAP EPS within 12 months of closing
• The transaction is consistent with Nasdaq’s existing capital deployment priorities including its organic business investment, shareholder capital return and leverage objectives