News Centre

Closure Of Bursa Malaysia Trading And Operations During Chinese New Year 2019

Date 25/01/2019

Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “the Exchange”) will close for trading half day Monday, 4th February 2019 afternoon, and all day Tuesday, 5th February 2019 and Wednesday, 6th February 2019, in conjunction with Chinese New Year celebration. The Exchange will resume operations on Thursday, 7th February 2019.

Japan's Financial Services Agency: Summary Of The “FinTech Summit 2018”

Date 25/01/2019

On Thursday, September 27, 2018, the Financial Services Agency (FSA) hosted the “FinTech Summit 2018” (Subtitle: FinTech 2018-Into the New Era) at Marunouchi Building Hall (Tokyo, Marunouchi). This symposium was held as part of the “FinSum 2018 and RegSum (FIN/SUM 2018 × REGSUM)” co-hosted by the Financial Services Agency and Japan Nikkei Inc. for four days from September 25 to September 28.

tZERO Security Tokens Begin Live Trading - Blockchain Pioneer Announces That Secondary Market For tZERO Security Tokens Is Now Live, Marks First Step Towards Trading Other Digital Assets

Date 24/01/2019

tZERO, the global leader in blockchain innovation for capital markets, announced today that secondary trading of tZERO security tokens is now live. Accredited investors can now trade tZERO security tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, LLC, which will act as the introducing broker-dealer. Dinosaur has partnered with PRO Securities, LLC, a tZERO subsidiary, which offers an alternative trading system to provide market access for secondary trading of the tZERO security tokens, during market hours initially.

Refinitiv Joins UN Task Force As A Data Partner To Ensure Digital Financing Efforts Support Sustainable Development Goals

Date 24/01/2019

Building on its commitment to drive positive change through its data and insight, Refinitiv today announced that it has joined the UN’s Task Force on Digital Financing consisting of leaders from a range of sectors from both developed and developing countries. The global task force is charged with recommending strategies to harness the potential of financial technology that advances the the Sustainable Development Goals.          

B3: Ibovespa Breaks New Record And Reaches 97.677 Points

Date 24/01/2019

B3’s main stock market performance index – Ibovespa – hit a record high today ending the day at 97.677 points, up 1,15%  from last trading session. The previous Ibovespa record of 96.558 points was recorded on January 23th, 2019.

New York State Department Of Financial Services Continues To Advance Responsible Innovation In New York’s FinTech Industry

Date 24/01/2019

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the applications of Robinhood Crypto LLC, a subsidiary of Robinhood Markets Inc., and Moon Inc., dba LibertyX, for virtual currency licenses. DFS has also approved a money transmission license for Robinhood.

ISDA Publishes Best Practice Recommendations For CCPs

Date 24/01/2019

ISDA has published a set of best practices for central counterparties (CCPs), aimed at ensuring greater consistency in risk practices at CCPs across the globe.

PanXchange Launches Industrial Hemp Pricing - Pricing Data Will Aid In Maturing The Market And Positioning Industrial Hemp As A Promising New Commodity

Date 24/01/2019

PanXchange, a Denver-based OTC physical commodity exchange and price reporting provider, today successfully launched its industrial hemp indices, becoming the first company to offer such pricing data to the market. PanXchange now delivers spot market pricing to its members, publishing on a monthly basis, and plans to launch trading capabilities in Q3 of this year.

Nigerian Stock Exchange Commemorates 2019 International Day Of Education

Date 24/01/2019

The Nigerian Stock Exchange (NSE), joined the rest of the world on Thursday, January 24, 2019, to commemorate the first-ever International Day of Education with a special excursion programme and a Closing Gong ceremony on the floor of the Exchange in Lagos. This is in line with the commitment of NSE to enhance cooperation in supporting efforts towards the realization of Sustainable Development Goals.

UK Financial Conduct Authority Publishes Consultation Paper : Optimising SMCR - Duff & Phelps Comment

Date 24/01/2019

Following the FCA consultation paper issued yesterday entitled “Optimising the Senior Managers & Certification Regime and feedback to DP16/4 – Overall responsibility and the legal function” Jane Stoakes, Director, Compliance & Regulatory Consulting at Duff & Phelps commented:

“We welcome these recent proposed updates and clarifications to the SM&CR rules. If the FCA wants companies to implement these practices properly, it’s imperative that companies have a clear understanding of what changes need to be made, and implement these well in advance of the cutoff date on 6th December. In response to the industry’s confusion in certain areas, the FCA’s proposals have provided further clarification on how the client dealing function should be applied, how staff who are responsible for systems and controls will be included in the Certification Regime and provided a solution to the legal function issue.”