News Centre

Nasdaq Announces Purchases Of Shares In Oslo Børs VPS

Date 11/04/2019

Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq”), announced today that it1 has purchased 844,071 shares in Oslo Børs VPS (NOTC: OSLO/OTCMKTS: OSBHF) (“Oslo Børs VPS”). The acquisitions are made in line with the terms of the offer (the “Offer”) set forth in the offer document published on February 4, 2019, as amended by announcements of March 4 and 25, 2019 (the “Offer Document”), in which Nasdaq AB, an indirect subsidiary of Nasdaq, describes the terms of its offer for all of the issued shares of Oslo Børs VPS. As a result of the purchases, which were made at NOK 158 per share, equal to the Offer Price (as defined in the Offer Document and increased by Nasdaq on March 4, 2019), over 37 per cent of Oslo Børs VPS shares are owned by Nasdaq or are subject to pre-commitments to accept the Offer.

Hong Kong’s Securities And Futures Commission Commences Insider Dealing Prosecution Against Legal Adviser

Date 11/04/2019

The Securities and Futures Commission (SFC) commenced criminal proceedings in the Eastern Magistrates’ Court today against Mr. Leung Pak Keung, a practising solicitor, over alleged insider dealing in the shares of CASH Financial Services Group Limited (CFSG).

Dalian Commodity Exchange, Heilongjiang Group Ink Strategic Cooperation Agreement

Date 11/04/2019

On April 3, Dalian Commodity Exchange (DCE) and Heilongjiang Agricultural Investment Group Co., Ltd. (“Heilongjiang Group” for short) sign a strategic cooperation agreement in Harbin. The two parties will engage in an all-round and in-depth strategic cooperation in terms of futures talent training, industry cultivation and development, market survey and information feedback, and market functioning and publicity, in a bid to jointly serve the national rural revitalization strategy.

European Council Decision Taken In Agreement With The United Kingdom, Extending The Period Under Article 50 TEU, Brexit

Date 11/04/2019

The European Council (Article 50) on 10 April 2019 adopted a decision on extending the period under Article 50 TEU.

• European Council decision taken in agreement with the United Kingdom, extending the period under Article 50(3) TEU

MFEX Strengthens Its Global Presence By Closing The Acquisition Of RBC I&TS’ Global Fund Platform

Date 11/04/2019

Following the previously announced signing in November 2018, MFEX, one of the largest European experts in global fund distribution, has received all necessary regulatory approvals and closed the acquisition of the Luxembourg based RBC Investor & Treasury Services (RBC I&TS) Global Fund Platform (GFP). In turn MFEX has gone live with the delivery of fund distribution services to RBC I&TS under a long-term partnership.

GoldenSource Appoints Ramesh Pulandaran To Continue Fast Growth In APAC

Date 11/04/2019

GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM), has announced the appointment of Ramesh Pulandaran as Head of Sales for Asia-Pacific.

Blockport Launches First Security Token Offering Targeting Retail Investors In Europe

Date 11/04/2019

Blockport, the first social crypto exchange, has confirmed that it will launch their Security Token Offering (STO). The first round will take place on 15 April and they are aiming to raise EUR 5M from investors in Europe and the United States. The round is part of Blockport’s wider strategy to raise between EUR 15M and EUR 30M in multiple stages. The security token, Blockport Securities (BPS), represents a depositary receipt or certificate for a corresponding share and entitles holders to applicable dividends payments. It is the first compliant STO targeting retail investors in Europe. The tokens will be issued using Tokeny’s T-REX (Token for Regulated Exchanges) standard.

Hong Kong’s Securities And Futures Commission: Former Director Of DBA Telecommunication (Asia) Holdings Limited Convicted Of Issuing False Or Misleading Announcement

Date 11/04/2019

The Eastern Magistrates’ Court today convicted Mr Chan Wai Chuen, former chief financial officer, company secretary and an executive director of DBA Telecommunication (Asia) Holdings Limited (DBA) for his role in a false or misleading statement in DBA’s announcement in a prosecution brought by the Securities and Futures Commission (SFC).

Radical Changes May Be Needed To Break Stranglehold European Primary Exchanges Have On Closing Auctions: TABB Group

Date 11/04/2019

With MiFID II implementation projects now a distant memory and Brexit planning, for good or bad, nearing a denouement of sorts, Europe’s equity trading industry might soon be able to turn its attention to a long-burning issue: closing auctions. 

European Council (Art. 50) Conclusions, 10 April 2019 - Brexit

Date 11/04/2019

On 10 April 2019, the European Council (Art. 50) adopted conclusions on Brexit.

• European Council (Art. 50) conclusions, 10 April 2019