News Centre

Five Eminent Financial Services Professionals Awarded CISI Honorary Fellowship

Date 04/06/2018

The Board of the Chartered Institute for Securities & Investment (CISI) is delighted to announce that five* CISI Honorary Fellowships have been awarded to the following:

• Mark Hoban, FCSI(Hon), Chairman of Flood Re and of the International Regulatory Strategy Group (IRSG).
• Prof Michael Mainelli FCCA, Chartered FCSI(Hon), FBCS, co-founder Z/Yen.
• Frank Moxon CF, Chartered FCSI(Hon), FIMMM, FEI, Managing Director, Hoyt Moxon.
• Richard Stockdale, Chartered FCSI(Hon)
• Tim Timotheou, Chartered FCSI(Hon), Executive Director, Quilter Cheviot Investment Management.

Boursa Kuwait Adopts FTSE Russell’s Industry Classification Benchmark

Date 04/06/2018

• All equity stocks listed on Boursa Kuwait will be classified under the ICB classification standard from 03 June 2018
• Integrating ICB will allow Boursa Kuwait to access a single, globally recognised industry classification structure

CME Group Reached Average Daily Volume Of 20.1 Million Contracts In May 2018, Up 22 Percent From May 2017

Date 04/06/2018

CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached average daily volume (ADV) of 20.1 million contracts during May 2018, up 22 percent from May 2017. Open interest at the end of May was 126 million contracts, an increase of 2 percent from the end of May 2017, and up 16 percent from year-end 2017. 

Japan's Financial Services Agency: Update On Progress Toward Further Efficiency And Transparency In The Screening Procedures For Licensing And Registration Of Financial Businesses

Date 04/06/2018

  (1) Update on Progress toward Further Transparency in the Screening Procedures (the 2016-2017 Strategic Directions and Priorities)
    As part of efforts toward greater transparency in the licensing/registration procedures, the FSA published “Grounds for Refusing Registration, and Relevant Statutes and Regulations Pertaining to Viewpoints in Registration-Screening as a High Speed Trader (Appendix 1(PDF: 50KB)).” In addition, the FSA added two particular cases in  “Particular Cases from the Past Applications for New License and Registration by Foreign Operators (Appendix 2(PDF: 79KB)),” for foreign operators to understand the screening procedures more clearly.
 (Reference) “For those engaging in High Speed Trading”
The FSA provides “Form and Example/Notes of the Application Document and its Attachments” and other information regarding registration of High Speed Trading.
 

Boerse Stuttgart Generates Turnover Of Around EUR 6 Billion In May - Trading Volume In All Asset Classes Up On Previous Month

Date 04/06/2018

According to its order book statistics, Boerse Stuttgart generated turnover of around EUR 6 billion in May 2018.

HKFE Announces Revised Margins For Futures Contract

Date 04/06/2018

As previously advised in the circular (Ref.: MO/DT/051/18) dated 22 March 2018, capital adjustments as a result of the bonuszd issue will be made to the positions of Henderson Land Development Company Limited (“HLD”) Futures Contracts which exist after the market close on 4 June 2018, i.e. the business day immediately before 5 June 2018. 

FTSE SET Index Series June 2018 Semi-Annual Review

Date 04/06/2018

• There are no changes to the FTSE SET Large-Cap Index 
• There are four additions to the FTSE SET Mid-Cap Index
• There are 24 additions to the FTSE SET Shariah Index

SET Launches ‘SET e-Learning’ Platform For Universities Nationwide

Date 04/06/2018

The Stock Exchange of Thailand (SET) presents “SET e-Learning”, an innovative learning platform, to benefit students of over 100 universities across the country by providing finance and investment practical knowledge of 28 curriculums, aiming to develop quality workforce in securities business and capital market.

Key Figures SIX Swiss Exchange: May 2018

Date 04/06/2018

Trading turnover was down by 3.3% in April on the prior month to CHF 118.7 billion. This means that average turnover has come in at CHF 6.0 billion per trading day in the year to date. There was also a fall in the number of transactions, which declined by 2.9% to 4,752,634. In comparison with the corresponding period last year, trading turnover was up by 2.3% to CHF 616.0 billion, while the number of trades soared by 23.7% to 26,637,499.

FSB Launches Thematic Peer Review On Bank Resolution Planning And Invites Feedback From Stakeholders

Date 04/06/2018

The Financial Stability Board (FSB) is seeking feedback from stakeholders as part of its third thematic peer review on resolution regimes, which it has recently launched. The objective of the review is to evaluate implementation by FSB jurisdictions of the resolution planning standard set out in the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions and in associated guidance in relation to banks. The Key Attributes are the international standard on resolution regimes, and form a key component of the FSB’s policy framework to address the risks associated with institutions that are too-big-to-fail.