News Centre

SZSE Held A Series Of Customized Training

Date 29/08/2018

Recently, the Shenzhen Stock Exchange (“SZSE”) held a series of customized training courses related to the market hotspots such as stock pledge, risk prevention and control, and disclosure of changes in equity. Customized training is a special service project carried out by SZSE on the basis of fully understanding the needs of listed companies. The training follows the market hotspots and focuses on practical operation, aiming to provide more convenient, effective and inclusive public welfare training services for the market.

Vienna Stock Exchange Welcomes New Trading Member Susquehanna International Securities

Date 29/08/2018

The Vienna Stock Exchange welcomes a new trading member: Susquehanna International Securities (SIG), which has its European headquarters in Dublin, will participate in the cash market trading of the Vienna Stock Exchange from tomorrow, 30 August 2018. According to the company, SIG is one of the largest proprietary trading firms in Europe. The company was founded in 1987 in Philadelphia, U.S.

KB TECH Launches Risk Management Portal

Date 29/08/2018

KB TECH, a UK based software company providing data management products to the Trading, Pension and Financial Markets, is pleased to announce the launch of its latest pre-trade Risk Management platform, KB Risk Portal™.

Solactive Launches The Adaptive Wealth Strategies U.S. Factor Index Combining Three Strategies In One Index

Date 29/08/2018

Solactive is pleased to announce the launch of the Adaptive Wealth Strategies U.S. Factor Index which dynamically allocates across three sub-indices with exposure to U.S. equities in the large and mid-cap segment and exhibits characteristics of one of three primary factors: value, momentum and low volatility. The index has been developed together with Adaptive Wealth Strategies, a division of Carroll Financial Associates, based on their existing strategy and will be the underlying for the new Global X Adaptive U.S. Factor ETF.

Shenzhen Stock Exchange Orders Zhonghong To Verify And Clarify JDB Group’s Statement

Date 29/08/2018

On the evening of August 27, 2018, Zhonghong Holding Co., Ltd. (stock code: 000979, hereinafter referred to as “Zhonghong” or the “company”) disclosed the Announcement on Signing Agreements on Debt Restructuring and Management Trusteeship. On the next morning, JDB Group released a statement in its official web to deny the signing of the aforesaid agreements, which becomes a great market concern. With regard this matter, an SZSE spokesman stressed that SZSE strictly cracks down the illegal behaviors of listed companies and interested bodies in information disclosure, endeavors to create a open and transparent market environment and protects the legitimate rights and interests of broad investors. And these are an important guarantee for the sound development of capital market. If there are any suspected illegal behaviors, SZSE has zero tolerance and will report to regulatory departments for further investigation and punishment according to law.

New Zealand's Financial Markets Authority: Helping KiwiSaver Members Weather Investment Storms

Date 29/08/2018

Markets go down as well as up and good times don’t last forever.

In preparation for Sorted Money Week 2018 the Financial Markets Authority (FMA) is launching an online quiz to help younger KiwiSaver members understand how to react when investments rise and fall in stormy markets.

PIMFA & FCI Launch The PIMFA-AECIS Intelligence Sharing Platform To Help Identify & Prevent Financial Crime

Date 29/08/2018

• In the UK, £193bn lost to Financial Crime in 2017 with over 630,000 reports to the National Crime Agency over 18 months to December 2017
• Equates to an average of £3,900 per adult with losses occurring at £6,000 per second
• The PIMFA-AECIS intelligence sharing platform launched to provide effective way for firms to prevent financial crime

FINRA Announces Governor Elections

Date 29/08/2018

FINRA announced today the election of three Governors to its Board of Governors:

• Timothy C. Scheve, President and Chief Executive Officer of Janney Montgomery Scott LLC, was elected by large firms as a Large Firm Governor, one of three representatives of large firms on the Board. Scheve joined the FINRA Board of Governors in April, when he was appointed to fill an unexpired term.
• FINRA mid-size firms re-elected Brian J. Kovack, Co-Founder & President of Kovack Securities, Inc., as the Mid-Size Firm Governor. Kovack was first elected to the Board in 2015, and serves as its sole mid-size firm representative.
• FINRA small firms elected Paige W. Pierce, Senior Vice President of Larimer Capital Corp., as one of three small firm representatives on the Board of Governors. Pierce is a former chair of the FINRA Small Firm Advisory Committee (SFAC).

SIFMA Statement On Confirmation Of Richard Clarida

Date 29/08/2018

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Richard Clarida as Vice Chairman of the Federal Reserve board.

Office Of The Comptroller Of The Currency Bulletin: Credit Risk: Informal Or Implied Support From Foreign Governments (Implied Sovereign Support)

Date 28/08/2018

Summary

The Office of the Comptroller of the Currency (OCC) is issuing guidance to national banks, federal savings associations, and federal branches and agencies (collectively, banks) regarding the role of informal or implied expressions of support from foreign governments (implied sovereign support) in determining a borrower’s obligor and facility credit risk ratings. Because implied sovereign support is not a legally binding guarantee, this guidance reminds banks that such expressions of informal or implied support should be viewed as no more than a mitigating factor when evaluating a borrower’s credit risk.