News Centre

Comment On Alibaba IPO By Warwick Business School's Professor Qing Wang

Date 17/09/2014

Commenting on the Alibaba IPO, Warwick Business School Professor Qing Wang said: “Alibaba’s IPO could well be the end of US dominance in the world technology sector. Alibaba’s annual growth rate of more than 30 per cent shows that the gap between the Chinese companies, Alibaba and Tencent, and US companies is getting ever closer."

IOSCO Consults On Risk Mitigation Standards For Non-Centrally Cleared OTC Derivatives

Date 17/09/2014

The International Organization of Securities Commissions today published the consultation reportRisk Mitigation Standards for Non-centrally Cleared OTC Derivatives, which proposes nine standards aimed at mitigating the risks in the non-centrally cleared OTC derivatives markets.

HKFE Announces Revised Margins For China Mobile Futures

Date 17/09/2014

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 Friday, 19 September 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

University Of Chicago Booth School Of Business: Euro Creates Unified Pricing Across Countries, Study Finds - Prices For Electronics, Furniture, Clothing Virtually Same Across Eurozone Countries

Date 17/09/2014

When the price of the same item varies significantly from country to country – a sandwich that’s the equivalent of £1.54 in India may be as much as £7.80 in Norway, for instance – it’s easy to attribute the price discrepancy to transportation costs, taxes, or variations in culture and income.

HKEx Announces Temporary Holiday Risk Management Arrangements

Date 17/09/2014

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

GFT Releases Big Data For Financial Services Study - Big Data Management Deemed Key Success Or Failure Factor For Banks To Compete

Date 17/09/2014

GFT, one of the world’s leading IT solutions providers for the financial services industry, today published a study examining the ’big data’ challenges facing the corporate, retail, institutional and insurance financial services sectors. Overall, the study finds that managing, marshalling and improving the overall quality of their enterprise and customer data and meeting ever-increasing regulatory requirements are top priorities for financial services firms.

HKEx Announces Senior Risk Management Appointment

Date 17/09/2014

Hong Kong Exchanges and Clearing Limited (HKEx) has appointed Ketan Patel to the new position of Group Risk Officer, effective 1 January 2015.

ESMA Adds BME Clearing To List Of Registered CCPs Under EMIR

Date 17/09/2014

ESMA has today added BME Clearing to its list of registered central counterparties (CCPs) under the European Markets Infrastructure Regulation (EMIR). EMIR requires EU-based CCPs to be registered and non-EU CCPs to be recognised in the European Union (EU).

BME Clearing Receives EMIR Authorisation

Date 17/09/2014

BME Clearing, the BME subsidiary that provides clearing services as a Central Counterparty (CCP), announced today that its national competent authority, CNMV, has approved its application as a CCP in accordance with the European Market Infrastructure Regulation (EMIR).

Dalian Commodity Exchange Amends Rules For Risk Management - Liberalizing Position Limits For Futures Company Members, Relaxing Margin Tiers And Hedging And Arbitrage Management

Date 17/09/2014