News Centre

The First Step Of Its Kind Amongst Regional Exchanges: DFM And Nasdaq Dubai Receive The “ISO 22301: 2012” Certificate For Business Continuity Management System - The Certificate Underlines Both Exchanges’ Full Readiness For Business Continuity During Any Disruptive Events

Date 22/05/2018

In a first step of its kind amongst regional exchanges, Dubai Financial Market (DFM) and Nasdaq Dubai have been certified with the “ISO 22301: 2012” for Business Continuity management System (BCMS) from Lloyd's Register Quality Assurance (LRQA). The Certificate is a key standard for business continuity that recognizes the effectiveness of the system’s design and application in response to disaster recovery when facing any disruptive events.

SET Announces Executive Appointments Effective From July 1

Date 22/05/2018

The Stock Exchange of Thailand (SET) announces an appointment of SET executives to boost strength and competitiveness, driving long-term, sustainable growth in the Thai capital market.

Turning Technology Against Criminals - Speech By Megan Butler, Executive Director Of Supervision - Investment, Wholesale And Specialists At The FCA, Delivered At The 5th Anti-Money Laundering TechSprint, London

Date 22/05/2018

Highlights:

• Data and technology can help detect and disrupt criminal activity 
• Staff in UK banks and other firms are playing a frontline role in combating financial crime
• Phishing and identity theft are now cited by firms as the most widespread fraud risks they face
• The next big step is to apply intelligent technologies like AI, robotics, natural language processing and machine learning

Thai Listed Firms Report 5.61% Sales Growth In Q1/2018 - Net Profits Worth THB 286 Billion, Up 15.15 Pct Q-O-Q During Jan-Mar - Total Sales Up 5.61 Pct To THB 2.83 Trillion, Pushed Up By Higher Oil Prices And Uptrend Economic Growth

Date 22/05/2018

Companies listed on The Stock Exchange of Thailand (SET) reported a net profit at THB 286 billion (approx. USD 8.94 billion) for the first quarter of 2018, a 0.3 percent rise from the same period last year (Q1/2017 was recorded best-performing quarter in the past year for Thai listed firms, with earnings accounting for 29 percent from Jan-Dec, 2017). In Q1/2018, there were 449 companies reported net profits, representing 82.45 percent of the total listed companies already disclosed their financial statements. However, the gross profit margin stood at 23.72 percent, down slightly from 24.33 percent in the same period last year, weighed by oil prices and currency appreciation.

Bernstein Uses Commcise Commission Management Platform To Support Global CSA/RPA Offering - Cloud-Based Solution Supports Complex Unbundling Rules And Changing Regulatory Compliance Requirements

Date 22/05/2018

Commcise, the provider of award-winning Integrated Commission Management Solutions for financial services firms, today announced that Sanford C. Bernstein (Bernstein), has completed 2 years’ production use of its CommciseSELLplatform. Commcise provides a hosted, fully-integrated client portal supporting all Commission Sharing Agreement (CSA/CCA) and Research Charge Collection Agreement (RCCA) arrangements.

Update on SGX India Derivatives

Date 22/05/2018

SGX has been notified by the National Stock Exchange of India (NSE) of an application made in the Bombay High Court for an interim injunction on our new products.

Statement Of CFTC Commissioner Behnam On Staff Advisory With Respect To Virtual Currency Derivative Product Listings

Date 22/05/2018

Today, the Division of Market Oversight and the Division of Clearing and Risk issued a CFTC staff advisory regarding Virtual Currency Derivative Product Listings.  I support and commend the staff, under the direction of the Chairman, for providing this advisory regarding the listing process.  In January, I sponsored a meeting of the Commission’s Market Risk Advisory Committee to shine a light and promote inclusive dialogue on the Commission’s role in the listing of new products pursuant to the Commodity Exchange Act and Commission Regulations 40.2 and 40.3.  Today’s advisory is another step in providing the public with greater transparency into this process.  While this staff advisory clarifies expectations, it does not equate a change to the regulatory process.  Such changes require a more fulsome and formal process, subject to Commission deliberation and public notice and comment.  I look forward to continuing to explore our options, which I hope will include some parameters for determining when self-certification may not be appropriate, and for determining when such matters are appropriately brought before the Commission.

CFTC Staff Issues Advisory For Virtual Currency Products

Date 22/05/2018

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) today issued a joint staff advisory that gives exchanges and clearinghouses registered with the CFTC guidance for listing virtual currency derivative products.

CFTC, NASAA Sign Agreement For Greater Information Sharing Between Federal Commodities Regulator And State Securities Regulators

Date 21/05/2018

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo and North American Securities Administrators Association (NASAA) President Joseph P. Borg today signed a mutual cooperation agreement to establish a closer working relationship between the federal commodity regulator and individual state securities agencies.

OneChicago Memorial Day Holiday Trading Hours

Date 21/05/2018

OneChicago, LLC (“OneChicago”) will be closed on Monday, May 28, 2018 in observance of the upcoming Memorial Day Holiday, which is consistent with U.S. equity markets. OneChicago will be open on Tuesday, May 29, 2018.