News Centre

Shanghai Stock Exchange, Euronext MOU Signing Ceremony Held

Date 19/10/2018

On October 16, 2018, the Shanghai Stock Exchange (SSE) and Euronext successfully held the MOU Signing Ceremony between SSE and Euronext and also the Pan-European Market Promotion Campaign at the SSE trading floor. SSE Chairman Huang Hongyuan and Euronext CEO Stephane Boujnah signed the memorandum on behalf of the two sides, marking an important step to further deepen the cooperative relationship and promote the exchange of the capital markets between the two regions. Making remarks at the event were Boujnah, SSE Vice President Liu Shaotong, and Axel Cruau, Consul General of the French Consulate General in Shanghai. Also attending and witnessing the event were David Karmouni, Regional Financial Counselor of the Department of Economic Affairs at the French Embassy in China, and nearly 30 representatives of the financial institutions from home and abroad.

Parliamentary Joint Committee On Corporations And Financial Services: Opening Statement - ASIC Chair James Shipton, 19 October 2018 - Opening Statement By James Shipton, Chair, Australian Securities And Investments Commission, Parliamentary Joint Committee On Corporations And Financial Services, 19 October 2018

Date 19/10/2018

Introduction

Thank you Chair.

Firstly, I want to commend the Royal Commission on its important work and acknowledge the seriousness of the observations made in its Interim Report, including those made of ASIC.

Shanghai Stock Exchange Promulgates "Guidelines For Services Of Bond Collateral Disposal Platform"

Date 19/10/2018

In order to improve the mechanism of bond collateral disposal, protect the legitimate rights and interests of investors, and promote the healthy development of the exchange-traded bond market, the Shanghai Stock Exchange (SSE) recently issued and implemented the "Guidelines of the Shanghai Stock Exchange for the Services of the Bond Collateral Disposal Platform" (the "Guidelines" for short). The move is another important measure for the SSE to improve the relevant systems of the bond repo market.

CFTC: Federal Court Orders Trading Firm And CEO To Pay More Than $2.5 Million For Fraudulent Bitcoin Ponzi Scheme

Date 18/10/2018

A New York federal court has ordered New York corporation Gelfman Blueprint, Inc. (GBI) and its Chief Executive Officer Nicholas Gelfman of Brooklyn, New York, to pay in total over $2.5 million in civil monetary penalties and restitution in what was the first anti-fraud enforcement action involving Bitcoin filed by the Commodity Futures Trading Commission (CFTC) (see CFTC Complaint and Press Release 7614-17). 

SEC Charges Lawyer And Her Husband In EB-5 Fraud - Defendants Allegedly Altered Evidence In Cover Up

Date 18/10/2018

The Securities and Exchange Commission today charged a California-based immigration attorney and her husband in a fraudulent scheme that generated millions of dollars of undisclosed compensation from foreign investors seeking permanent U.S. residency through the EB-5 Immigrant Investor Program.  

MIAX Options - Continuation Of Complex Derived Order Functionality Reactivation Plan

Date 18/10/2018

As previously announced in an earlier Alert, the MIAX Options Exchange is reactivating Complex Derived Order functionality.  Details for the remaining symbols are as follows: 

Effective for trading Friday, October 19, 2018

• All symbols beginning with "C, G, I and S" with the exception of GOOG, GOOGL and SPY
• All remaining Symbols will continue to have Complex Derived Orders disabled

SEC Launches New Strategic Hub For Innovation And Financial Technology

Date 18/10/2018

The U.S. Securities and Exchange Commission today announced the launch of the agency's Strategic Hub for Innovation and Financial Technology (FinHub).

Canadian Securities Regulators Publish Details Of Market Disruption Coordination Process

Date 18/10/2018

The Canadian Securities Administrators (CSA) today published Staff Notice 11-338 CSA Market Disruption Coordination Plan to inform market participants about the CSA’s coordination process to address a market disruption, including one that may stem from a large-scale cybersecurity incident.

Freightwaves Named FIA Innovator Of The Year

Date 18/10/2018

FIA announced today that Freightwaves has been named the FIA Innovator of the Year at FIA Expo. Freightwaves will receive more than $20,000 in marketing support, cash and other resources.

Moscow Exchange: More Than 20 Market Participants Sign On For Retail Investor Platform Marketplace

Date 18/10/2018

Moscow Exchange today signed a memorandum of cooperation with a wide range of Russian financial market participants aimed at undertaking joint activities to grow the retail investor platform Marketplace. The memorandum was concluded at the Finopolis conference in Sochi.