News Centre

US Federal Agencies Approve Amendments To Swap Margin Rule

Date 21/09/2018

Five federal agencies approved final amendments to swap margin requirements to conform with recent rule changes that impose new restrictions on certain qualified financial contracts of systemically important banking organizations (QFC Rules). Under the amendments, legacy swaps entered into before the applicable compliance date will not become subject to the margin requirements if they are amended solely to comply with the requirements of the QFC Rules.

CFTC To Hold An Open Commission Meeting On September 27, 2018

Date 21/09/2018

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo announced today that the CFTC will hold an open meeting on Thursday, September 27, 2018, at 10:00 a.m. to consider the following:

• Proposed Rule Amending Registration and Compliance Obligations for Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs)
• Fintech Cooperation Arrangement(s)
• Paperwork Reduction Act delegation to the Secretary of the Commission

Opening Corporate Accounts For Blockchain Companies - Swiss Bankers Association Publishes Guidelines For Its Members

Date 21/09/2018

The number of blockchain companies in Switzerland has risen sharply. The SBA welcomes this trend and takes a positive view of the high market momentum, as it boosts Switzerland’s attractiveness as a financial centre. Banks see blockchain technology as an opportunity opening up an array of possibilities for the country as a financial and technology location. Within the context of its priorities, the SBA promotes and supports an innovation-friendly environment in the digitalisation arena. This also includes promoting conditions that support the sustainable growth of companies involved in blockchain technology.

Council Of The European Union: Statement By President Donald Tusk On The Brexit Negotiations

Date 21/09/2018

The European Union and its leaders fully respect the UK’s decision expressed in the referendum on leaving the EU. From the very beginning of the negotiations we have been focused on finding a deal that will minimise the damage resulting from Brexit. Also important to us is to create the best possible relations between the EU and the UK in the future. We studied the Chequers proposals in all seriousness. The results of our analysis have been known to the British side in every detail for many weeks. After intensive consultations with Member States, we decided that for the good of the negotiations, and out of respect for the efforts of PM May, we will treat the Chequers plan as a step in the right direction. In Salzburg, right before our meeting I said in a public statement: “I would like to stress that some of Prime Minister May's proposals from Chequers indicate a positive evolution in the UK's approach as well as a will to minimise the negative effects of Brexit. By this I mean, among other things, the readiness to cooperate closely in the area of security and foreign policy. On other issues, such as the Irish question, or the rules of economic cooperation, the UK's proposals will need to be reworked and further negotiated.” The UK stance presented just before and during the Salzburg meeting was surprisingly tough and in fact uncompromising. The response of the EU27 leaders was to reiterate our trust in chief negotiator Michel Barnier and to reiterate our position on the integrity of the Single Market and the Irish backstop. While understanding the logic of the negotiations, I remain convinced that a compromise, good for all, is still possible. I say these words as a close friend of the UK and a true admirer of PM May.

ESMA Agrees To Limit The Application Of Tick Sizes To Systematic Internalisers Quotes For Shares And Depositary Receipts

Date 21/09/2018

The European Securities and Markets Authority (ESMA) has published today its opinion on proposed amendments to Commission Delegated Regulation (EU) 2017/587 (RTS 1). 

Athens Exchange Group: 13th Annual Greek Roadshow In London

Date 21/09/2018

The 13th Annual Greek Roadshow of Greek companies in London came to a close on the 20th September. This year's Roadshow, following in the footsteps of the twelve (12) previous events, served as a platform for companies listed on the Greek Stock Exchange to present their business plans and outlook to the international investor community.

Asia, MSCI And Eurex’ Extended Trading Hours – All Good Things Come In Threes

Date 21/09/2018

Eurex is the only exchange to offer a comprehensive suite of MSCI products consisting of futures and options on regional and country indexes. Close to 60 percent of these products are related to the Asian-Pacific time zone and show rapid growth. This makes the products particularly relevant for Asian clients.

LSEG And National Stock Exchange Of India Sign MoU

Date 21/09/2018

• LSEG and NSE sign MoU to work towards a dual listing route for Masala bonds
• Agree to explore the launch of ELITE, LSEG’s successful business support and capital raising initiative for private high-growth companies, in India in 2019
• Reinforces London Stock Exchange’s status as India’s funding partner of choice

GPW Takes New Decisions In Its Penny Stock Policy

Date 21/09/2018

• GPW introduces new rules of determining the reference price in the case of a split of the nominal value of shares
• The amendments apply to a split resulting in an “after split” reference price below PLN 0.01
• The new rules apply to companies listed on the GPW Main Market and NewConnect

HKEX Forfeiture Of Unclaimed Interim Dividend For 2012

Date 21/09/2018

On 8 August 2018, HKEX announced that, pursuant to HKEX’s Articles of Association, the interim dividend for 2012 of HK$1.85 per share, payable on 21 September 2012 and remaining unclaimed on 21 September 2018, would be forfeited and would revert to HKEX.  Accordingly, the unclaimed interim dividend for 2012 amounting to HK$10,748,757.93 is forfeited and reverts to HKEX today