News Centre

Murex And Tullett Prebon Information (TPI) Sign Partnership Agreement To Enhance Client Experience - Collaboration Grants Murex And Its Clients Access To TPI’s OTC Data

Date 22/02/2017

Tullett Prebon Information (TPI), a leading provider of independent real-time price information from the global OTC financial and commodity markets, has signed a partnership agreement with Murex, the leading provider of trading, risk, and processing solutions. The deal allows Murex to use TPI’s data for internal model validation, while TPI gains exposure to a wider range of market participants. TPI will provide real-time, end-of-day and historic data sets including foreign exchange, rates, equities and commodities.

World Federation Of Exchanges Publishes Report Into SME Financing & Equity Markets

Date 22/02/2017

The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance.

Al Ramz Capital Becomes Market Maker For Nasdaq Dubai Equities And Equity Futures - Prominent Financial Service Company Is Third Market Maker To Join Futures Market - Futures Trading Has Increased 1,050% Since Market Opened

Date 22/02/2017

Al Ramz Capital, one of the most active brokerages in the UAE, has become a market maker on Nasdaq Dubai for equities and equity futures, in the latest expansion of the trading infrastructure of the region’s international financial exchange.

SIX Exchange Regulation Publishes Decision With Grounds Regarding Delisting Of Pfizer Inc., New York City

Date 22/02/2017

Pfizer Inc. has announced, that all of its secondary listed shares (Swiss Security Number 962‘004 /ISIN US71170811035) with a nominal value of USD 0.05 will be delisted from SIX Swiss Exchange. SIX Exchange Regulation has granted the companies’ application on 21 February 2017. The decision with grounds regarding the delisting of Pfizer Inc. is available on the Website of SIX Exchange Regulation:  https://www.six-exchange-regulation.com/en/home/publications/notices.html.

Abide Financial Is Expecting To Become One Of The Largest ARM And APA Regulatory Service Providers Under MiFID II Regime

Date 22/02/2017

Abide Financial (Abide) , a NEX Group business, which provides regulatory reporting services across global regulatory regimes, has applied to become an Approved Publication Arrangement (APA) and Approved Reporting Mechanism (ARM) in order to provide enhanced MiFID II (Market in Financial Instruments Directive) services leading up to enhanced scope enforcement in January 2018. Subject to approval by the FCA, Abide is expected to become one of the three largest ARMs by processed volumes of MiFID II reportable transactions. 

New Audit Quality Milestone For ASEAN - Four ASEAN Audit Regulators Have Agreed With The Four Largest Audit Firms In The Region On A Measurable Goal To Improve Audit Quality

Date 22/02/2017

Four ASEAN audit regulators and Big-Four1 audit firms in the region have collectively agreed on a measurable goal to improve audit quality. This initiative was announced at the ASEAN Audit Regulators Group (AARG)’s 5th annual Audit Inspection Workshop held in Kuala Lumpur from 21 to 22 February 2017. The Workshop also saw AARG embark for the first time, on a long term collaboration with World Bank to further strengthen audit oversight practices in the region.

Japan's Securities And Exchange Surveillance Commission: Strategy & Policy Of The SESC 2017-2019 - Building On A Quarter-Century Of Achievement

Date 22/02/2017

Mission

1. Ensuring market integrity/protection of investors
2. Contributing to sound development of markets
3. Contributing to sustainable economic growth

Shanghai Stock Exchange: Notice Of Advancing Asset Securitization Business For Public-Private Partnership (PPP) Projects In Traditional Infrastructure Fields

Date 22/02/2017

To implement the requirements of the “Notice of the National Development and Reform Commission and the China Securities Regulatory Commission (CSRC) on Advancing the Work Concerning the Asset Securitization for the Public-Private Partnership (PPP) Projects in Traditional Infrastructure Fields” (NDRC Investment [2016] No. 2698) and other documents, push forward the innovation in the financing modes of the PPP projects and improve the capability of serving the real economy, the Shanghai Stock Exchange (SSE), in accordance with the “Administrative Provisions on the Asset Securitization Business of Securities Companies and Subsidiaries of Fund Management Companies” and the “SSE Business Guidelines for Asset Securitization”, makes the announcement on the matters concerning the advancement of the asset securitization business for the PPP projects as follows:

Shenzhen Stock Exchange Weekly Bulletin 20 February, 2017, Issue 6

Date 22/02/2017

The China Securities Regulatory Commission (CSRC) on February 17 amended the refinancing rules and capped the maximum shares that listed companies can sell through private placements at no more than 20 percent of their total capitalization. The amended rules also require a time gap of at least 18 months from the previous share issuance by a listed company to refinance. In addition, listed companies, excluding financial companies, cannot hold long-term and large amount financial assets for trading and investment purposes when applying for refinancing.

CalPERS' Board Elects Committee Chairs, Vice Chairs - Leadership Will Guide Five Board Committees For Year Ahead

Date 22/02/2017

The California Public Employees' Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key board committees: