News Centre

Cinnober Strengthens Management Team With Three Senior Appointments

Date 04/09/2018

Cinnober Financial Technology, a global independent provider of technology solutions for the finance industry, announces the appointments of Fredrik Nihlén as Cinnober Group CFO, John Yonker as Simplitium CEO and Patrick Tessier as Minium CEO. Simplitium and Minium are wholly-owned subsidiaries of Cinnober. These appointments strengthen the Group’s management team and reaffirms Cinnober’s focus on organic growth, building on its proven solutions. 

Shenzhen Stock Exchange And China Electronics Technology Group Corporation Sign A Strategic Cooperation Agreement To Facilitate In-Depth Implementation Of Military-Civilian Integration Development Strategy

Date 04/09/2018

On September 3, 2018, Shenzhen Stock Exchange (“SZSE”) and China Electronics Technology Group Corporation (“CETC”) signed a strategic cooperation agreement. This is an important move for both parties to earnestly implement what the CPC 19th National Congress has directed with regard to deepen SOE reform and boost the military-civilian integration development strategy. Deputy Party Secretary, President and CEO Wang Jianjun of SZSE and Party Group Member, Deputy General Manager and Chief Account Li Shouwu of CETC attended the signing ceremony.

Closure Of Bursa Malaysia In Conjunction With Yang Di-Pertuan Agong’s Birthday And Awal Muharram 2018

Date 04/09/2018

Bursa Malaysia Berhad and its subsidiaries will be closed on these dates in conjunction with the following public holidays:

1. 1.     Yang di-Pertuan Agong’s Birthday

(In lieu of the said public holiday that falls on Sunday, 9th September 2018)

Monday, 10 September 2018

1. Awal Muharram

Tuesday, 11 September 2018

Bursa Malaysia and its subsidiaries will resume operations on Wednesday, 12 September 2018.

COFCO International Selects Quantifi As Its Commodity Credit & Counterparty Risk Management Solution

Date 04/09/2018

Quantifi , a provider of risk, analytics and trading solutions, today announced it has been selected by COFCO International, a world-class integrated global agribusiness, to help monitor, manage and report their credit & counterparty risk. Headquartered in Geneva, Switzerland, COFCO International employs 12,000 people in 35 countries. In 2017, it handled 100+ million tonnes of related commodities, with revenues of $34bn

ECON MEPs Adopt A Final Report On A “Basic PEP” That Will Hurt Pension Savers

Date 03/09/2018

BETTER FINANCE wishes to stress that providing EU citizens with a really safe PEPP is critical for their future pension adequacy. It is happy to see that the MEPs approved some of the improvements for pension savers it has been supporting, such as:

• the collective redress provision,
• the right for independent saver associations to subscribe a PEPP on behalf of their members (the inclusion of these associations as subscribers of PEPP products was indeed important as these associations have proven to be very effective in providing a better balance to the relationship between providers and pension savers),
• the annual fee cap of 1% for the basic PEPP, 
• and the disclosure of the past performance of the PEPP since its inception and not just for five years (however, there is no requirement to also disclose the provider’s benchmark performance alongside that of the PEPP itself – as currently required for UCITS funds, thus preventing PEPP savers from assessing whether the provider has met its performance objectives or not).

Revised Lists Of The Moscow Exchange Indices Announced

Date 03/09/2018

Moscow Exchange announced today the results of the quarterly review for MOEX indices. All changes will be implemented from 21 September 2018. The Exchange has also set free floats for a number of companies.

Revised Lists Of The Moscow Exchange Indices Announced

Date 03/09/2018

Moscow Exchange announced today the results of the quarterly review for MOEX indices. All changes will be implemented from 21 September 2018. The Exchange has also set free floats for a number of companies.

EUREX: Strong Month For European Equity Derivatives - 56% Increase Year-On-Year With 21.9 Million Traded Contracts In August

Date 03/09/2018

In August, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, has seen strong demand for its products. Traded European interest rate contracts increased by 27 percent to 46.6 million, from 36.7 million in August 2017. Demand was particularly high for European equity derivatives (+56 percent) with 21.9 million traded contracts (14 million in August 2017).

The Spanish Exchange Traded €32.6 Billion In August

Date 03/09/2018

The Spanish Exchange traded €32.6 billion in Equities in August, in line with volume traded on August 2017. The number of trades in August reached 2.9 million.

SIX Increases Its Stake In SECB GmbH To 100%

Date 03/09/2018

SIX has held a 25% stake in SECB (Swiss Euro Clearing Bank GmbH) since 1999. The other shareholders are the Swiss banks UBS, Credit Suisse and PostFinance, each with a 25% holding. SIX, in its capacity as the core infrastructure service provider of the Swiss financial center, is SECB’s largest client.