News Centre

Thai Alternative Bourse's Listed Firms Reports Upbeat Q2 Earnings

Date 22/08/2016

• Q2 net profits worth THB 2.33 billion, 25.35 pct rise from a year earlier
• Total sales up 1.65 pct y-o-y at THB 33.41 billion
• Cost control helped boost gross profit margins to 25 pct
• Financials, Services, Consumer Products and Resources among top performer industry groups

Extension Of Authorisation Of The Clearing House KDPW_CCP

Date 22/08/2016

The Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of 9 August 2016. KNF’s decision allows KDPW_CCP to offer new services: the clearing of EUR-denominated instruments in organised trading (exchange market and ATS) and in OTC trade(interbank market), as well as the clearing of PLN-denominated OTC debt instruments. The extended authorisation of the clearing house allows it to accept collateral in EUR, including both cash and bonds.

Bats Europe Encourages Industry Harmonisation For MiFID II Requirement For Order Record Keeping - MiFID II Compliant Record Keeping Process And Algorithm Testing Enhancements Now Available For Participant Testing On Bats Europe

Date 22/08/2016

Bats Europe (Bats), the region’s largest stock exchange operator, has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements to facilitate further user testing of their algorithms.

Source Overweights European Equities Despite Negative Sentiment

Date 22/08/2016

The Research team at Source favours European equities over those of the US and holds a maximum overweight to the Eurozone in the Source Multi-Asset Portfolio (a model portfolio).

Abu Dhabi Securities Exchange (ADX) Partakes In China Investment Conference 2016

Date 22/08/2016

• Al Balooshi: 7 Billion Dirhams of institutional and foreign investments in ADX during the first 6 months of 2016
•  The United Arab Emirates (UAE) and China have exceptional relationships and the commercial exchange between the two nations exceeds 257 billion dirhams
• The United Arab Emirates (UAE) is considered a key player in the implementation of the Chinese Silk Road Economic Belt initiative.
• The Chinese investors’ trading activities in ADX have reached 600 million dirhams within a two year period.

US Federal Reserve Vice Chairman Stanley Fischer, At The "Program On The World Economy" A Conference Sponsored By The Aspen Institute, Aspen, Colorado, August 21, 2016, Remarks On The U.S. Economy

Date 21/08/2016

The Fed's dual mandate aims for maximum sustainable employment and an inflation rate of 2 percent, as measured by the price index for personal consumption expenditures (PCE). Employment has increased impressively over the past six years since its low point in early 2010, and the unemployment rate has hovered near 5 percent since August of last year, close to most estimates of the full-employment rate of unemployment. The economy has done less well in reaching the 2 percent inflation rate. Although total PCE inflation was less than 1 percent over the 12 months ending in June, core PCE inflation, at 1.6 percent, is within hailing distance of 2 percent--and the core consumer price index inflation rate is currently above 2 percent.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report By Nationality And Investor Type

Date 21/08/2016

The total value of shares traded for the week  ending 18 August 2016 amounted to SAR 15.05 billion, decreasing by 0.70% over the previous week; while total stock market capitalization reached SAR 1,444.50* billion at the end of this period, decreasing by 1.44% over the previous week.

Saudi Arabias's Capital Market Authority Announcement Regarding Obligating Entities Listed On The Saudi Stock Exchange To Disclose Their IFRS Transition Progress On Phases

Date 21/08/2016

Reference to the transition plan to adopt the International Financial Reporting  Standards (the "IFRS"), which were endorsed by the Saudi Organization for Certified Public Accountants ("SOCPA") , who had resolved for entities listed on the Saudi stock Exchange (the "Exchange") to implement the IFRS starting from 1/1/2017, and moving forward from the Capital Market Authority (the "Authority") role in regulating and monitoring the works and activities of parties subject to the control and supervision of the Authority, and regulating and monitoring the full disclosures of information regarding financial securities and their issuers, and for the purpose of getting  the necessary comfort regarding the preparation of IFRS financial statements by entities listed on the Exchange before the due date, and getting the necessary comfort regarding the extent of commitment of the listed entities to the IFRS convergence plan, the Authority announces the Board of Commissioners resolution which obligates listed entities to disclose their IFRS transition progress on phases as follows:

HKEX Chief Executive Charles Li: Latest Charles Li Direct: Taking Mutual Market Access To The Next Level

Date 21/08/2016

HKEX Chief Executive Charles Li takes a closer look at Shenzhen Connect in his latest blog post, where he answers some key questions of the scheme.

CFTC Commitments Of Traders Reports Update

Date 19/08/2016

The current reports for the week of August 16, 2016 are now available.