News Centre
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HKEX To Launch Master SPSA Service
Date 09/07/2020
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today that it will launch the Master Special Segregated Account (Master SPSA) service on 10 July 2020, as part of its latest service enhancement to support Stock Connect, HKEX’s landmark mutual market access programme with the Shanghai and Shenzhen stock exchanges.
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DGCX to Expand INR Product Suite With Launch Of Weekly INR Futures Contract - INR/USD Weekly Futures Contract Will Provide Market Participants With Short-Term Hedging And Arbitrage Opportunities, And Will Go Live On Friday, 10th July 2020
Date 09/07/2020
Building on the success of its portfolio of Indian Rupee (INR) product suite, the Dubai Gold & Commodities Exchange (DGCX) will be launching a Weekly INR-US Dollar (USD) Futures Contract. The new contract will go live on Friday, 10th July 2020.
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HKEX: OTC Clear Launches Clearing Services For HONIA-Based Interest Rate Products
Date 09/07/2020
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Thursday) that its central counterparty (CCP) subsidiary, OTC Clearing Hong Kong Limited (OTC Clear), has become the first clearing house to offer clearing services of Hong Kong Dollar Interest Rate Swap (IRS) contracts benchmarked to the Hong Kong Dollar Overnight Index Average (HONIA) reference rate.
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Moscow Exchange: Risk Parameters Change On Securities Market
Date 09/07/2020
By decision of CCP NCC short selling bans on the following bonds will be terminated starting from July 10, 2020.
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HKFE Announces Revised Margins For Futures Contracts
Date 09/07/2020
Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Monday, 13 July 2020, (including the mandatory intra-day variation adjustment and margin call, if applicable), the margin levels of the following Futures Contract shall be as follows:
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Hong Kong Securities And Futures Commission: Court Convicts And Fines Former Officer Of Wonderful Wealth Group Limited For Unlicensed Activities
Date 09/07/2020
The Eastern Magistrates’ Court today convicted Mr Simon Chan Ying Ming, former officer of Wonderful Wealth Group Limited (WWGL), of holding out as carrying on a business of dealing in futures contracts and asset management without a licence in a criminal prosecution brought by the Securities and Futures Commission (SFC) (Notes 1 to 3).
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Ardent Financial Selects SteelEye For MiFID II And MAR Compliance - With SteelEye, The New Securities Dealer Will Automate Their Regulatory Processes Whilst Using Market Leading Solutions For Risk Mitigation
Date 09/07/2020
SteelEye, the compliance technology and data analytics firm, has been selected by Ardent Financial, a new FCA authorised Securities Dealer, to provide MiFID II and MAR compliance services.
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The ARQA Technologies QUIK Broker Trading Platform Acquires Astana International Exchange Certification - Certification Should Aid Access To The AIX Trading System For New Members And Expand The Client Base Of Both Companies
Date 09/07/2020
The Astana International Exchange (“AIX”) is pleased to announce that ARQA Technologies-developed QUIK software has been successfully integrated with the Nasdaq Matching Engine system, which is the core technology behind AIX, allowing its members to use desktop, web, and mobile QUIK end-user trading terminals to trade on AIX. The QUIK platform also gives its retail users the opportunity to expand their financial investment and trading horizons to Kazakhstan and Central Asia.
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True Name™ Card To Be Made Available Across Europe - Mastercard Is Bringing Its Real Identity Payment Cards To Europe In Support Of Trans And Non-Binary Communities
Date 09/07/2020
Today, Mastercard has announced their commitment to bring the True Name™ card to Europe in 2020, enabling people to reflect their preferred identity on their payment cards.
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Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In June 2020
Date 09/07/2020
Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. The enforcement against such violations in June 2020 are listed as follows:
In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with a total of 77 cases, among which 30 cases were self-trades, 47 cases were frequent order cancellations.The Exchange has separately notified the relevant clients by phone through members and placed 14 clients and 1 group of accounts with actual control relationship on the Exchange’s watch list, notified 18 abnormal trading behaviors to all the members. The Exchange has suspended 3 clients from opening new positions on the relevant futures contracts and notified to the market.
