News Centre

ADX Achieves 95.3% In Disclosure Compliance Of 1st Quarter Financial Statements 2019

Date 21/05/2019

Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 95.3% regarding the disclosure of the 1st quarter financial statements 2019 of its listed public joint stock companies, domestic and foreign, within the deadline of 45 days from the end of the financial period.

Shenzhen Stock Exchange Holds Membership Investor Education And Protection Training Exchanges

Date 21/05/2019

To implement the requirements on "May 15th National Investor Protection Promotion Day", Shenzhen Stock Exchange (SZSE) held on May 16th an exchange meeting on investor education and protection training for members and the wrap-up of "investor service season". A total of 95 member units sent more than 140 investor education contact persons and representatives of business department investment consultants to participate in the event.

Financial Markets Tribunal Upholds The Dubai Financial Services Authority’s Withdrawal Of Royal Shield Ltd’s Licence

Date 21/05/2019

The Financial Markets Tribunal (FMT) has affirmed a decision by the Dubai Financial Services Authority (DFSA) to withdraw the licence of Royal Shield Ltd to carry on Financial Services in or from the Dubai International Financial Centre (DIFC).  The DFSA withdrew the licence on the grounds that the firm is no longer fit and proper to hold the financial services licence.  The firm disputed the DFSA’s original decision and referred it to the FMT for review.  In a decision dated 8 May 2019, the FMT dismissed the reference and affirmed the DFSA’s decision. 

Moscow Exchange: Final Settlement Price Of Light Sweet Crude Oil Futures (CL-5.19)

Date 21/05/2019

On 21 May 2019, the final settlement price was determined for the Light Sweet Crude Oil Futures (CL-5.19):

Vienna Stock Exchange: ATX Index Offering Expanded With New Short Indices

Date 21/05/2019

The Vienna Stock Exchange starts today the calculation of new Short Indices on the leading index ATX, Austrian Traded Index. The new indices with a leverage of -12 and -15 are based on the ATX Total Return. The benchmark takes into account the dividend payments of its index members. With this expanded offer, the Vienna Stock Exchange is responding to the demand of international market participants.The Vienna Stock Exchange calculates more than 140 tradable indices, 103 of which track national, regional or sector developments in the CEE and CIS countries. These indices serve more than 140 financial institutions worldwide as the basis for their products.

UK’s Financial Conduct Authority: Over 27 Million Reported Lost To Crypto And Forex Investment Scams

Date 21/05/2019

• Over 27million lost to scams involving crypto and forex investments in 2018/19
• Victims lost on average over 14,600 last financial year
• Reports tripled to over 1,800 from the year before

Shanghai Stock Exchange: Q&A On Progress In Replies To Inquiries for Review Of Issuance And Listing On Sci-Tech Innovation Board

Date 21/05/2019

Q1: Since the official acceptance of the companies’ applications for listing on the Sci-tech Innovation Board, the review for issuance and listing has been advanced steadily and rapidly. Recently, a number of companies have successively disclosed their replies to the first round of inquiries for the issuance and listing review. The market is highly concerned about the number and the fineness degree of the questions raised by SSE. Can you brief us on the relevant situations?

A: At present, the first round of inquiries have been sent to 86 companies and the companies submitting the applications earlier have mostly accepted the inquiries,.We have noticed that after the first round of inquiry letters were disclosed, the market was much concerned about the number and the fineness degree of the questions raised by the SSE. According to statistics, there were an average of 40-plus questions in the first round of inquiries, the contents of the inquiries were comprehensive, in-depth and specific, and the texts of replies to the above inquiries were long. With regard to the causes, the situation was highly related to the facts that the quality of the disclosed prospectuses was unsatisfactory, the “comprehensive physical examination” should be implemented in the first round of inquiries for listing, and the direct relevance to the regulatory arrangements such as increasing the transparency of the SSE’s efforts in review as required by the pilot Registration-based IPO System and tightening the responsibility of the intermediaries for inspection.

OpenFin Appoints Former Goldman Sachs MD, Tim Dinsdale, As European CTO - Dinsdale To Lead Technology Developments And Drive Further Adoption Of OpenFin OS In Europe

Date 21/05/2019

OpenFin, the operating system (OS) of finance, today announced that Tim Dinsdale has joined the firm as European CTO.

Itiviti Expands SSEOMS Migration Capacity With Appointment Of Frederic Villain As Head Of Agency Trading Sales Asia

Date 21/05/2019

Itiviti, a world-leading technology and service provider for the capital markets industry, today announced the appointment of Frederic Villain as Head of Agency Trading Sales Asia. Based in the Singapore office, he will manage regional client relations, define and execute Itiviti’s regional sales and account management strategies.

Shenzhen Stock Exchange. Carries Out Multi-Level Targeted Investment Education Activities Enhancing Investors' Self-Protection Abilities

Date 21/05/2019

Recently, the SZSE 2019 "Investor Service Season" serial activities successfully concluded. Since March, SZSE, hand-in-hand with departments within the system, organizing members and industry entities extensively, have continued to carry out nearly 30 investment education activities in various forms in different places. The events carried forward precision education, advocated rational investment, and guided benign interaction between market participants and investors. These online and offline activities have attracted about 3,000 participants, with the number of innovative investment education products reaching 40 million person-time. SZSE's effort of collecting market synergy to promote investor protection and education were effective. Taking the opportunity of the "May 15th, National Investor Protection Promotion Day" initiated by the CSRC, adhere to the requirements of "Four Awes" (Awe of the market, rule of law, professions, and risks) and "One Joint Force" (joint force for supporting the reform and development of capital market), SZSE will continue to deepen the investment education products activities, continuously enhance the capabilities of serving investors, and strive to boost investors education and protection work to a new level.