News Centre

R.J. O’Brien Appoints Joseph Raia Managing Director, Global Commodity Futures In New York - Raia To Build Out RJO Energy And Metals Clearing, Execution

Date 09/07/2018

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced today that Joseph B. Raia has joined its New York office as Managing Director, Global Commodity Futures.  Raia has a decades-long track record in futures and over-the-counter (OTC) markets as well as hedging/risk management and business development – with a specialty in global commodities and energy products – including in Managing Director roles at Goldman Sachs and Co., CME Group and the New York Mercantile Exchange (NYMEX).

TAIFEX Expands Commodity Product Portfolio With Debut Of Brent Crude Oil Futures

Date 09/07/2018

The Taiwan Futures Exchange (TAIFEX) has launched its first energy futures contract – Brent Crude Oil Futures. Based on the world’s leading oil benchmark, ICE Brent Index, TAIFEX’s new product is cash settled, Taiwan Dollars (TWD) denominated, and features small-sized contracts, which lower the barrier of entry for investors seeking to mitigate risks in the international oil markets.

Bursa Malaysia Seeks Public Feedback On Proposed Enhancements To ETF Framework

Date 09/07/2018

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today issued a consultation paper to seek public feedback on the proposed review of the Main Market Listing Requirements and Rules and Directives of Bursa Malaysia Securities Berhad in relation to Exchange-Traded Funds (“ETFs”) (collectively “Proposed ETF Amendments”). The public consultation period will run from 9 July 2018 to 23 July 2018.

LSEG Launches Collaboration Initiatives In Japan

Date 09/07/2018

• LSEG and JPX agree to identify and collaborate on initiatives to promote global sustainable investment
• LSEG launches Japan Advisory Group comprised of senior Japanese business leaders
• Both initiatives designed to further promote the close ties between UK and Japan

JPX Monthly Headlines - June 2018

Date 09/07/2018

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users. 

Every month, we showcase the highlights of these efforts in short and concise summaries just for you.

Hong Kong Securities And Futures Commission Reprimands And Fines CCB International Capital Limited $24 Million For Sponsor Failures

Date 09/07/2018

The Securities and Futures Commission (SFC) has reprimanded and fined CCB International Capital Limited (CCBIC) $24 million for failing to discharge its duties as the sole sponsor in the listing application of Fujian Dongya Aquatic Products Co., Ltd (Fujian Dongya) in 2013 and 2014 (Notes 1 & 2).

Shenzhen Stock Exchange Q&As On Launching The Mandatory Delisting Mechanism For Yabaite Technology

Date 09/07/2018

On the evening of July 4, 2018, Jiangsu Yabaite Technology Co. Ltd (stock code: 002323, hereinafter referred to as Yabaite or the company) released the Announcement on the Company’s Transfer to Public Security Bureau by the CSRC for Suspected Crimes. The announcement says that the company is suspected of constituting the crime of illegal information disclosure and non-disclosure of important information so that CSRC has recently transferred the case to the public security organ. Accordingly, SZSE has officially launched the forced delisting mechanism for Yabaite and the company’s shares face the risks of listing suspension and delisting. Now, SZSE answers the thematic issues of concern to investors and reminds investors to pay attention to the stock trading risks.

EQT Acquires Saxo Payments Banking Circle

Date 09/07/2018

• EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle
• Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost
• EQT to support Saxo Payments Banking Circle’s continued growth by leveraging the entire EQT platform, including around 25 years of experience in future-proofing companies as well as accelerating hyper-growth businesses, deep TMT expertise, and a global industrial network

Press Secretary Of The Shenzhen Stock Exchange: Backing Lawful Share Repurchase By Qualified Listed Companies And Shareholding Increase By Their Major Shareholders

Date 09/07/2018

Ever since this year, numerous SZSE-listed companies have disclosed announcement regarding their share repurchase or shareholding increase by their major shareholders. According to preliminary statistics, since June, 41 SZSE-listed companies have disclosed share repurchase preplan, which involved with a total of RMB 14.1 billion repurchasing fund. For the previous week, 61 SZSE-listed companies have implemented share repurchase with a total of RMB 4.1 billion repurchasing fund and RMB 67 million average repurchasing fund per company. As of this year, 270 SZSE-listed companies have conducted share repurchase with a total of RMB 10.4 billion repurchasing fund and around RMB 39 million average repurchasing funds per company. Meanwhile, as of July 5th, 274 SZSE-listed companies have disclosed 473 pieces of announcement regarding shareholding increase plans by their major shareholders, directors, supervisors and senior management, with promised amount of RMB 44.8 billion shareholding increase accumulatively. During the previous week, major shareholders of 26 listed companies have increased shareholding in their listed companies with more than RMB 30 million. The actual amount of shareholding increase by major shareholders of SZSE-listed companies’ totals at RMB 16.7 billion this year.

NZX Half Year 2018 Results Announcement Date

Date 09/07/2018

NZX intends to release its half year 2018 financial results before market open on Wednesday 15 August 2018.