News Centre

Starting On May 1, 2018 – Incentive Program To Encourage Liquidity - As Part Of The Program, Which Is The First Of Its Kind, TASE Will Transfer 30% Of The Revenue Increase In The Trading Volume Of Derivatives To Market Participants That Join The Program - The Program Has Also Been Approved By The Israel Securities Authority

Date 28/03/2018

TASE announced today that the incentive program to encourage Liquidity in TA-35 Index Derivatives will start on May 1, 2018.  The program also been approved by the Israel Securities Authority (ISA). The new incentive program is based on widely used programs that are in operation at the world’s leading derivative exchanges and focuses on the major market participants who contribute to liquidity in TA-35 Index derivative trading.

UK's Financial Conduct Authority Statement On EU Withdrawal Following The March European Council

Date 28/03/2018

The Financial Conduct Authority (FCA) welcomes the agreement reached on the terms of an implementation period that will apply following the UK’s withdrawal from the European Union.

OANDA Exchange API App Now Available On Microsoft Dynamics 365

Date 28/03/2018

A global leader in corporate and consumer foreign exchange solutions, OANDA now offers its OANDA Exchange API application to all Microsoft Dynamics 365 customers. The new app allows customers to easily integrate the OANDA Exchange Rates API with their Microsoft Dynamics 365 instance, giving access to daily average exchange rates for 38,000+ currency pairs, over 200 currencies, commodities, and precious metals, as well as exchange rates sourced from 25 central banks, and historical currency data back to 1990.

INDATA To Offer Post-trade Capabilities With ULLINK - Embedded ULLINK Technology Will Optimise Post-Trade Workflows For INDATA iPM OMS Clients

Date 28/03/2018

ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, and INDATA, a leading provider software technology and services for buy-side firms including trade order management, compliance and portfolio accounting software and front-to-back office services, today announced the extension of their partnership to cover post-trade services for INDATA’s clients.

HKFE Announces Margins For New Futures Contracts - Margin Rates And Update Of PC-SPAN Organisation Master File For New Stock Futures Contracts

Date 28/03/2018

Reference is made to the circular (Ref: MKD/EQD/09/18) dated 6 March 2018 regarding the introduction of new stock futures contracts on 9 April 2018.  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, 9 April 2018, the margin levels of new stock futures contracts shall be as follows:

Solactive: The Hidden Costs Paid By Investors While Passively Tracking A Benchmark Index

Date 28/03/2018

Today, Solactive AG published a new research paper analyzing the additional cost paid by investors in order to passively track a benchmark. The selection of an index as a benchmark has been tied to the cheap cost to reference it; however, in this research paper, Solactive AG quantifies the additional turnover costs that investors implicitly pay due to arbitrage activity - days before a transparent rebalancing takes place when many assets are tracking the index.  In most cases, it turns out that the additional turnover costs can be as high as the price to track the index.

HKFE Announces Revised Margins For Futures Contracts

Date 28/03/2018

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 Tuesday, 3 April 2018, the margin levels of the following Futures Contracts shall be as follows: 

Keynote Address By Datuk Zainal Izlan Zainal Abidin, Managing Director, Securities Commission Malaysia At The “Malaysia - The Potential Hub For Global Islamic Fund Administration” Conference, 28 March 2018 At Sasana Kijang, Kuala Lumpur

Date 28/03/2018

Professor Dato’ Dr. Azmi Omar, President & CEO, INCEIF Ladies and Gentlemen

 Thank you to the organisers, INCEIF and BNP Paribas under the Centre for Islamic Asset and Wealth Management, for inviting the Securities Commission Malaysia to share our thoughts and views on this important subject with all of you here today.

HKEX: Adjustment Of PICC P&C Structured Products, Futures And Options

Date 28/03/2018

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to PICC Property and Casualty Company Limited (PICC P&C) structured products, futures and options to account for PICC P&C’s proposed capitalisation issue.

SGX Consults Public On Proposed Safeguards For Dual Class Share Listings

Date 28/03/2018

Singapore Exchange (SGX) is seeking market feedback on proposed safeguards to address expropriation and entrenchment risks of dual class shares (DCS) following broad support for the structure in an earlier public consultation.