News Centre

Bursa Malaysia Securities Reprimands, Fines And Suspends Chiang May Lin For Engaging In Manipulative Dealing Activities

Date 31/10/2016

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM85,000 and suspended/restricted (as the case may be) Chiang May Lin (Chiang) for 6 months as/from being a Registered Person of Bursa Malaysia Securities, for engaging in manipulative dealing activities in the securities of 12 counters (the 12 Counters), namely:-

1. Land & General Bhd;
2. TA Enterprise Bhd;
3. Kumpulan Fima Bhd;
4. IJM Plantations Bhd;
5. DRB-Hicom Bhd;
6. TDM Bhd;
7. Ivory Properties Group Bhd;
8. MK Land Holdings Bhd;
9. TA Global Bhd;
10. Eastern & Oriental Bhd;
11. Seal Incorporated Bhd; and
12. Oriental Holdings Bhd.

Peter Bennett - Memories Pre And Post Big Bang.

Date 31/10/2016

This October saw the 30th Anniversary of Big Bang. Press coverage has concluded the event has secured London as a leading trading hub and provider of financial services. Successful application of technology played a key enabling role and continues to do so, and the rise of a healthy FinTech industry in London must also be a welcome outcome.

Hong Kong's Securities And Futures Commission: Process Review Panel Report 2015-2016

Date 31/10/2016

The Securities and Futures Commission (SFC) is pleased to note the publication of the annual report by the Process Review Panel (PRP) for the SFC.

Source: One Quarter Of Institutional Investors To Capture Emerging Market Rebound Through Index Tracking Strategies

Date 31/10/2016

• 26% of institutional investors say they will capture emerging market growth through index tracking/passive investments
• Approximately 60% think that emerging market equities will outperform developed market equities over the next 12 months
• Source has lowered the fees on its MSCI Emerging Market UCITS ETF to 0.29%, making it one of the most competitive in the market
• PIMCO Source EM Advantage ETF is one of the top-performing EM local bond ETFs this year, with a yield to maturity of 6.8%

Hong Kong's Securities And Futures Commission Revokes Licences Of Richmond Asset Management Limited And Its Responsible Officer Graham Frank Bibby And Bans Him For 10 Years

Date 31/10/2016

The Securities and Futures Commission (SFC) has revoked the licences of Richmond Asset Management Limited (Richmond Asset Management) and its responsible officer and sole owner, Mr Graham Frank Bibby, and banned him from re-entering the industry for a period of 10 years effective from 31 October 2016 to 30 October 2026.

Securities Commission Malaysia Releases Guidelines To Enhance Cyber Resilience Of The Capital Market

Date 31/10/2016

Securities Commission Malaysia (SC) today issued new guidelines to enhance cyber resilience of the capital market by requiring capital market entities to establish and implement effective governance measures to counter cyber risk and protect investors.

Dalian Commodity Exchange Receives Preliminary Approval For Ethylene Glycol Futures

Date 31/10/2016

Recently, the China Securities Regulatory Commission (CSRC) officially reply to Dalian Commodity Exchange (DCE) for the preminary approval of the ethylene glycol (EG) futures. It represents a further step toward the official listing and trading of the EG futures.

LMEshield To Launch In People’s Republic Of China

Date 31/10/2016

• One-year pilot programme for launch of LMEshield in PRC
• Henry Bath sponsoring system roll-out in PRC
• LME to work with other warehouse companies and regulators to facilitate expansion of the initiative

Object Trading Conforms To BM&FBOVESPA For Direct Connection To Deep Liquidity - Recent Requirements For Direct Connections To BM&FBOVESPA Effective Today - Object Trading Provides Clients Continued Connectivity Through Exchange Innovation And Change

Date 31/10/2016

Object Trading, a provider of multi-asset trading infrastructure, announced today that it has been fully approved by BM&FBOVESPA in Sao Paulo, as a conformed ISV to handle market data, order entry and pre-trade risk constraints via its Direct Market Access (DMA) Platform for its clients and partners. BM&FBOVESPA’s recent requirements for direct connections, in lieu of order routing partnerships, takes effect today. Buy-side firms in Brazil and internationally will continue to seek and find deep liquidity in BM&FBOVESPA’s futures and options contracts in Interest Rates, FX and Equity Index products.  Further, these firms will need to keep pace with ongoing growth and innovation at the exchange. Object Trading enables international buy-sides outside of Brazil – as well as domestic - to maintain existing, or facilitate new direct market access to the BM&FBOVESPA without technology disruption.

Global Advisors Bitcoin Fund Extends Features In Preparation For Securities Exchange Listing - The World's First Investment Grade Fund For Bitcoin Adds New Custodians And Trading Powers To Enhance Operations

Date 31/10/2016

Leading bitcoin asset manager, Global Advisors (Jersey) Limited has announced new custodians and extended trading powers for its flagship fund, Global Advisors Bitcoin Investment Fund PLC (“GABI”), that are detailed in the new prospectus, just released. Co-founder and CIO, Daniel Masters says that the new developments pave the way for the GABI to list on the Channel Island Securities Exchange, which is anticipated to occur this November.