News Centre

Hong Kong’s Securities and Futures Commission Suspends Gransing Securities’s Chairperson Oei Hong Eng For Eight Months

Date 16/05/2019

The Securities and Futures Commission (SFC) has suspended the licence of Ms Oei Hong Eng, the chairperson and a responsible officer of Gransing Securities Co., Limited (Gransing Securities), for eight months from 16 May 2019 to 15 January 2020 for attempting to create a false or misleading appearance of active trading in securities.

genesis Launches Creative Studio To Fast Track Delivery Of Client Solutions And Products - Capital Markets Software Specialist Rolls Out ‘Low-Code’ And ‘No-Code’ Solutions

Date 16/05/2019

genesis, the international capital markets software firm, has launched Creative Studio, to accelerate the development and deployment of scalable and interoperable products and solutions over the web, without the need to write any code.

Hong Kong's Securities And Futures Commission - Independent Commission Against Corruption Operation Leads To Charging Of Ex-Convoy Director Cho Kwai Chee

Date 16/05/2019

Following the joint operation of the Securities and Futures Commission (SFC) and the Independent Commission Against Corruption (ICAC) in December 2017, the ICAC today charged Mr Cho Kwai Chee, a former Executive Director of Convoy Global Holdings Limited (Convoy Global), with conspiracy to defraud.  

Dalian Commodity Exchange: Integrate Training Into Spot Enterprises Permanently To Cultivate High-End Futures Talents

Date 16/05/2019

The closing ceremony of the Commodity Futures & Capital Operation Senior Management Course – the 4th Session of Coal, Coking and Steel Training (the “4th Session of Training” for short) of Dalian Commodity Exchange (DCE) was held in Shanghai Advanced Institute of Finance (SAIF) of Shanghai Jiao Tong University on May 11. Attending the ceremony were DCE Vice President Wang Yufei and SAIF Vice President Yan Hong.

AIX Appointed Timur Abushkin As Head Of Markets

Date 16/05/2019

The Astana International Exchange (AIX) is pleased to announce the appointment of Timur Abushkin as Head of Markets. Timur has had more than 15 years of experience working with investment banks, exchanges and fintech startups. Before joining the AIX, Timur held key management positions in a number of fintech startups, such as Tokenomica, a platform offering digital assets in Singapore and Xena Exchange, an innovative digital asset exchange in London. Prior to that he worked with JP Morgan in equity sales and as Head of Sales of the RTS Stock Exchange (later the Moscow Exchange after a merger with the MICEX),

Dalian Commodity Exchange Deals With 40 Abnormal Transactions In April

Date 16/05/2019

To earnestly fulfill the front-line regulation responsibility, regulate futures transactions, and protect the legitimate rights and interests of futures market participants, Dalian Commodity Exchange (DCE) has continued to strictly crack down on all kinds of violations.

ASIC Annual Forum 2019 - ASIC Chair's Introductory Comments - A Speech By ASIC Chair, James Shipton At The ASIC Annual Forum 2019, Sydney, 16 May 2019

Date 16/05/2019

1. Welcome and introduction

Thank you, Michael and Aunty Ann.

I would like to begin by acknowledging the Traditional Custodians of the land on which we meet today – the Gadigal People – and pay my respects to their Elders past and present. I extend that respect to Aboriginal and Torres Strait Islander peoples here today.

Fees For Delayed OBA Filings To Be Waived As Part Of Ontario Securities Commission Burden Reduction Project

Date 15/05/2019

The Ontario Securities Commission (OSC) announced today that it will no longer require registrants to pay fees for disclosing outside business activities (OBAs) past the required filing deadline during a two-year moratorium. The moratorium will begin retroactively on January 1, 2019 and end on December 31, 2021, at the latest.

Nadex Delists Event Contracts

Date 15/05/2019

On May 15, 2019 Nadex submitted a self-certification to the Commodity Futures Trading Commission (the “Commission”) pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (the “Act”), and §40.6(a) of the regulations promulgated by the Commission, providing notice of its intent to delist its Fed Funds Rate, Jobless Claims, and Nonfarm Payrolls Event Binary contracts.  As §40.6(a) exempts the delisting of a product from the 10-day review period, Nadex will delist the aforementioned contracts effective at the close of business on trade date Thursday, May 16, 2019.

Jury Rules In SEC’s Favor, Finds Brokerage Firm And Two Of Its Executives Liable For Fraud

Date 15/05/2019

Jurors in Manhattan federal court today returned a verdict in the Securities and Exchange Commission’s favor against a brokerage firm and two of its executives.