News Centre

Shenzhen Stock Exchange Market Bulletin 30 May, 2016, Issue18

Date 31/05/2016

Fang Xinghai, the vice chairman of the CSRC, said on 25 May that China will gradually open up commodity futures markets, starting from internationally-traded products such as crude oil, iron ore, and rubber. China will also encourage its domestic financial institutions to trade in a wider range of commodities, as commercial banks are currently only allowed to trade in gold and silver futures, prompting many to pursue futures transactions overseas. In the meanwhile, regulators will strengthen supervision to clamp down on speculation and potentially illegal activity from foreign investors. In addition, China will pursue more bilateral and multilateral agreements with international exchanges to improve governance of international futures markets.

Alberta Securities Commission To Enact Its New Fee Rule

Date 30/05/2016

The Alberta Securities Commission (ASC) announced today that it will adopt ASC Rule 13-501 Fees, pending Ministerial approval, which will replace the ASC’s current fee schedule.

New Ranking Shows Eastern European Economies Closing Competitiveness Gaps

Date 30/05/2016

Eastern European nations are increasingly rivalling their more established Western counterparts in terms of economic competitiveness, a major new study from the IMD World Competitiveness Center has revealed.

Hong Kong Bucks Trend To Become World's Most Competitive Economy

Date 30/05/2016

The Pearl of the Orient, China Hong Kong, is living up to its nickname and has defied a pattern of decline among Asian economies to supplant the United States of America (USA) as the world's most economically competitive country, according to the latest ranking released by the IMD World Competitiveness Center.

IMD Releases Its 2016 World Competitiveness Ranking - The USA Toppled As World’s Most Competitive Economy

Date 30/05/2016

The USA has surrendered its status as the world’s most competitive economy after being overtaken by China Hong Kong and Switzerland, according to the IMD World Competitiveness Center. 

Moscow Exchange: FX Market Risk Parameters Change

Date 30/05/2016

NCC Clearing Bank is changing risk parameters starting from 31 may 2016 according to the tables below.

Working Hours Of The Amman Stock Exchange And Trading Hours During The Holy Month Of Ramadan

Date 30/05/2016

On the occasion of the holy month of Ramadan, the ASE has decided to change the official working and trading hours during the holy month of Ramadan, the working hours will be from 09:30 to 15:30, as for trading hours it will be as follows:

Egyptian Exchange: Trading Hours During Ramadan Holy Month

Date 30/05/2016

The Egyptian Exchange (EGX) decided that the trading session dates during the month of Ramadan to be as follows:

• First : The trading session of listed securities (Main Market) from 10:00 am to 1:30 pm, preceded by a discovery session starts at 9:30 am.
• Second: Small & Medium Enterprises Stock Exchange (NILEX) from 10:00 am to 1:30 pm.
• Third: The time to record orders in the deals market for transactions with large volume from 9:15 am to 9:45 am. 
• Fourth: The trading session for non-listed securities (Orders Market, OTC) on Monday and Wednesday only of each week from 11:30 am to 12:00 pm.
• Fifth: The trading session for non-listed securities (Deals Market, OTC) from 09:30 am to 1:30 pm.
• Sixth: The trading session for non-listed securities (Central Depository) from 10:00 am to 11:30 am.
• Seventh: Time to divide Omnibus Accounts from 1:30 pm to 2:00 pm

SGX Launches SGX Sustainability Indices

Date 30/05/2016

Singapore Exchange (SGX) today announced the launch of SGX Sustainability Indices, another suite of equity indices composed of SGX-listed stocks introduced by SGX Index Edge. SGX’s partner, Sustainalytics, provided the environmental, social and governance (ESG) research and ratings for SGX-listed companies, and the ratings underpin the Indices.

ESMA Issues Opinion On MiFID II Standards On Ancillary Activities

Date 30/05/2016

The European Securities and Markets Authority (ESMA) has issued today an Opinion in response to a letter sent by the European Commission (Commission) asking to amend its draft RTS 20 under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). RTS 20 provides criteria to establish when a non-financial firm’s commodity derivatives trading activity is considered to be ancillary to its main business.