News Centre

CUSIP Requests Show Third Monthly Decline In Corporate And Muni Bond Volume - Fiduciary Rule Drives Surge In New Equity Instrument Creation

Date 13/02/2017

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for January 2017. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, found a notable slowdown in the pre-trade market for corporate and municipal bonds for the third straight month in January. Conversely, CUSIP request volume for domestic equity identifiers surged to its highest monthly level in nearly 4 years, reflecting a sharp uptick in a new class of shares issued by mutual funds to comply with the Department of Labor Fiduciary Rule.

Hong Kong's Securities And Futures Commission Seeks Court Orders Against Former Chairman Of Kong Sun Holdings Limited And China Sandi Holdings Limited

Date 13/02/2017

The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance to seek disqualification and compensation orders against Mr Tse On Kin, former chairman and executive director of Kong Sun Holdings Limited (Kong Sun) and China Sandi Holdings Limited (China Sandi), for devising a scheme to conceal his interests in the companies’ share placements in 2009 (Notes 1 & 2).

QNB Zyfin India Consumption UCITS ETF Launched On Xetra - ETF Provides Access For First Time To Consumption-Focussed Indian Stock Corporations

Date 13/02/2017

An equity index ETF from new issuer QNB Global Funds ICAV has been tradable via Xetra and Börse Frankfurt since Monday.

Monetary Authority Of Singapore Sets Up Data Analytics Group

Date 13/02/2017

The Monetary Authority of Singapore (MAS) today announced the formation of a new Data Analytics Group (DAG) with effect from 15 March 2017. The move is part of MAS’ broader efforts to help position itself and the financial sector for the digital economy of the future.

Al Mawared Brokerage Amman Stock Exchange Weekly Report Feb 5 – Feb 9, 2017

Date 13/02/2017

Hong Kong's Securities And Futures Commission Bans Li Lee For life

Date 13/02/2017

The Securities and Futures Commission (SFC) has banned Ms Li Lee, a former employee of The Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for life following her criminal convictions.

Dubai Financial Services Authority Launches Second Consultation Into Crowdfunding Framework To Support SME Financing

Date 13/02/2017

The Dubai Financial Services Authority (DFSA) has today launched the next phase of consultations on its proposed framework for regulating crowdfunding platforms in the Dubai International Financial Centre (DIFC), with a paper detailing its approach to investment-based crowdfunding.

HKFE Announces Revised Margins For Futures Contracts

Date 13/02/2017

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 4 January 2016, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

QNB Suisse SA And ZyFin List Europe’s First Physically Replicated Indian Consumption ETF

Date 13/02/2017

QNB Suisse S.A. (‘QNB Suisse’), in partnership with ZyFin Holdings Pte Ltd. (‘ZyFin’ - the specialist Emerging Markets advisor), today announce the listing of Europe’s first physically replicated Indian Consumption Equity ETF – QNB ZyFin India Consumption UCITS ETF.

Post Trade Distributed Ledger Group: Half Of Distributed Ledger Technology Professionals Forecast Global Post-Trade Blockchain Adoption In Between Three To Five Years

Date 13/02/2017

Blockchain will become adopted in the financial post-trade area in three to five years, according to almost half (48%) of the membership base of the Post-Trade Distributed Ledger (PTDL) Group1. In addition, just over a quarter (29%) of members believe blockchain will become adopted in as little as the next one to two years, though 21% forecast it will take in excess of five years.