News Centre

HKEX To Introduce Futures On 7 Stock Sectors

Date 29/02/2016

Hong Kong Exchanges and Clearing Limited (HKEX) will introduce futures contracts on seven sectors of its stock market on Monday, 9 May 2016 to expand its well-established equity derivatives business and give investors more choices.

Shenzhen Stock Exchange Market Bulletin 29 February, 2016, Issue 5

Date 29/02/2016

Last week, Shenzhen Component Index tumbled 5.8% to 9573.7 points. SME Index closed at 6304.2 points after losing 6.1%. ChiNext Index was down 8.9% to 2014.9 points. Total turnover for stocks and funds on SZSE was US$278.9 billion, or a 17.4% increase from the week before.

Nordea Launches Enterprise Fraud Management Program With FICO Solution - Largest Financial Group In Northern Europe Will Use FICO Falcon Platform To Fight Credit, Debit, E-Payments Fraud

Date 29/02/2016

Highlights

• Nordea will use the FICO® Falcon® Platform to protect customers from credit card, debit card and electronic payment fraud
• Nordea is the largest financial services group in the Nordic and Baltic region and will deploy the Falcon Platform across Sweden, Norway, Denmark and Finland
• Worldwide, FICO Falcon Fraud Manager protects 2.6 billion payment cards from fraud

Securities Commission Malaysia: Low Thiam Hock Jailed Five Years, Fined RM5 Million Over Repco Share Manipulation

Date 29/02/2016

The Sessions Court today sentenced Low Thiam Hock aged 53, to five years imprisonment and a fine of RM5 million for the manipulation of Repco Holdings Berhad shares in 1997. Low was convicted for an offence under section 84(1) of the Securities Industry Act 1983 (SIA) for acts calculated to create a misleading appearance with respect to the price of Repco shares on 3 December 1997, on the then Kuala Lumpur Stock Exchange.  

Europe Leads Global Net Sales For Long-Term Funds In 2015, According To Broadridge Financial Solutions - Cross Border Fund Sales Drives Growth In Europe

Date 29/02/2016

Global fund net sales growth in 2015 was driven by European markets, according to data released today by Broadridge Financial Solutions, Inc. (NYSE:BR) via its Global Fund Intelligence. Long-term fund net sales in Europe lead all regions around the globe with fund net sales (excluding money funds) of €285bn in 2015, followed by Asia with net sales of €215bn. Net sales in North America trailed with net new sales of slightly more than €70bn.

SGX: Spotlight On Nikkei Dividend Futures As Japan Dividend Yields Spike

Date 29/02/2016

Elevated Dividend Yield of Japanese Equities

In February, the drop in Japanese stock prices resulted in a spike in the dividend yields of the underlying stocks of the Nikkei 225 Index, rising as high as 2.16% based on estimates for the fiscal year ending March 2016 -- a level not seen in more than three years since December 2012. Given that the yield reflects dividend payments relative to price per share, dividend yield increases as stock prices fall.

Volante Technologies supports SWIFT Standards Release 2016

Date 29/02/2016

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, today announced support for the latest SWIFT Standards 2016 update.

The European Stability Mechanism (ESM) To Partially Redistribute Management Board Responsibilities

Date 29/02/2016

The ESM Management Board has decided to partially redistribute the roles of two of its members. The changes, which will be effective as of 1 April 2016, are in line with the ESM’s commitment to enhance mobility of all staff, including the Management Board.

SGX: Trio Of Insurance Plays Averaged Three-Year Returns Of 30%

Date 29/02/2016

There are three primary listed Insurance stocks on Singapore exchange (SGX), which are further categorised to the following sub-industries: Life & Health Insurance, Property & Casualty Insurance, and Reinsurance. This is based on the Global Industry Classification Standard (GICS®) which is also used to categorise stocks on SGX StockFacts.

Tokyo Stock Exchange: Approval Of Initial Program’s Listing (TOKYO PRO-BOND Market): Industrial And Commercial Bank Of China Limited

Date 29/02/2016

Today, Tokyo Stock Exchange approved a program listing application from Industrial and Commercial Bank of China Limited for listing on the professional-oriented TOKYO PRO-BOND Market.