News Centre

SZSE Will Undertake WFE’s 60th General Assembly & Annual Meeting In 2020

Date 11/10/2019

From October 8 to 10, 2019, the 59th General Assembly & Annual Meeting of World Federation of Exchanges (WFE) was held in Singapore. More than 300 people attended the meeting, including responsible persons of hundreds of exchanges and clearing houses around the world and representatives of various circles. As the representative of the undertaker of WFE’s next General Assembly & Annual Meeting in 2020, President & CEO of SZSE Mr. Wang Jianjun attended and addressed the meeting. He said that all the reforms and development of SZSE are in a crucial historic opportunity period, as China is making all efforts to push forward a new round of high-level opening-up, and striving to build the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration area of socialism with Chinese characteristics. As an influential organization in finance and securities market in the world, WFE serves as an important platform for its members to share international best practices and promote exchanges and cooperation. Undertaking the WFE’s 60th General Assembly & Annual Meeting in 2020 is a practical measure of SZSE to earnestly implement the Outline of Guangdong-Hong Kong-Macao Greater Bay Area Development Plan and the Opinions on Supporting the Building of Shenzhen into the Pilot Demonstration Area of Socialism with Chinese Characteristics, and also a major way to deepen the participation in international financial cooperation and open wider to the outside world.

The UK Financial Conduct Authority Fines Tullett Prebon 15.4 Million

Date 11/10/2019

The Financial Conduct Authority (FCA) has fined Tullett Prebon (Europe) Limited (Tullett Prebon) 15.4 million for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems and for failing to be open and cooperative with the FCA.

City Exchange’s Forum Sees Gina Miller Receive Standing Ovation, By Roger Aitken

Date 11/10/2019

City hypes and types gathered at Haberdashers’ Hall in London’s Smithfield area this October at the annual MondoVisione exchange forum, hearing from experts on topics ranging from cybersecurity, the impact of Brexit, moves in green finance as well as digital transformation and innovation - all offering insight to the world of tomorrow.

The Royal Mint Unveils First Of A Kind Solid Gold Payment Card

Date 11/10/2019

• Highly exclusive solid gold payment card developed in association with Mastercard and Accomplish Financial
• World’s first hallmarked precious metal payment card
• Fully customisable and extraordinarily unique
• Account comes with limitless spend, zero FX and no transaction fees
• First payment card in the world to use source-traceable metals

SGX Reports Market Statistics For September 2019

Date 11/10/2019

• Risk-management demand drives strong July-September quarter for commodities, FX
• Singapore securities market turnover increases year-on-year

InfiniGold To Launch The Perth Mint Gold Token - The Perth Mint Gold Token (PMGT) Will Be The First Digital Gold Token On A Public Blockchain Backed By Government Guaranteed Gold

Date 11/10/2019

Leading precious metals digitisation company, InfiniGold has today announced the launch of the Perth Mint Gold Token (PMGT), a digital token backed 1:1 by GoldPass certificates issued by The  Perth Mint, the world’s largest refiner of newly mined gold which is guaranteed by the highly rated sovereign entity, the Government of Western Australia.

Montréal Exchange Interest Rate Derivative Trading Ceases At 1:30P PM. Today - Exchange's Markets Closed On October 14, 2019

Date 11/10/2019

Interest rate derivative trading will cease at 1:30 p.m. today, October 11, 2019. Furthermore, the Exchange's markets will be closed on October 14, 2019.

New Research: Many U.S. Investors With Low Financial Literacy Levels Are Ill Equipped To Manage Personal Finances, Especially Investments

Date 10/10/2019

Many U.S. investors with “alarmingly low” levels of financial knowledge lack confidence in their ability to meet their financial goals, according to new research conducted by the FINRA Investor Education Foundation (FINRA Foundation) and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business.

Nigerian Stock Exchange Reviews Rules On Pricing Methodology

Date 10/10/2019

The Nigerian Stock Exchange (The Exchange or NSE) is pleased to announce the amendment to the rules on Pricing Methodology; price movements of equity securities traded on The Exchange. The amendments, which will be effective on Friday, October 11, 2019 are to Rules 15:29.2. C.2 of the Rulebook of the Exchange, 2015 (Dealing Members’ Rules). Specifically, the amendments relate to the minimum trade quantity required to change prices for equity securities traded on The Exchange.

American Financial Exchange Will File With The Commodity Futures Trading Commission (CFTC) To Become A Designated Contract Market (DCM)

Date 10/10/2019

American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American financial institutions, announced today it will file to become a designated contract market (DCM) with the Commodities Futures Trading Commission (CFTC) under the name AMERIBOR Benchmark Futures Exchange™ (ABFX™). DCMs are futures exchanges that operate under the regulatory oversight of the CFTC, pursuant to the Commodity Exchange Act (CEA).