Mondo Visione Worldwide Financial Markets Intelligence

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  • Shanghai Stock Exchange Adjusts Regulatory Requirements For Transfer Of Stock Shares With Terminated Sales Limit

    Date 17/04/2014

    On April 15, the Shanghai Stock Exchange (SSE) issues the “Notice of Relevant Issues of Revoking Restrictions on Transfer of Stock Shares with Terminated Sales Limit and Other Business Lines” (the “Notice” for short), which specifies that a listed company’s shareholder selling stock shares with terminated sales limit that are nearly, or equivalent to, or more than 1% of the total issued shares of the listed company through the auction trading system of the SSE within 1 month will not be regulated as a behavior of abnormal trading. Besides, some business rules, such as the "Notice of Implementation of ‘Guidance Opinion on Transfer of Stock Shares with Terminated Sales Limit in Listed Companies’", are revoked correspondingly. In addition, the “Notice” specifies that regulations on transfer of stock shares with terminated sales limit and their participation in margin trading and securities lending mentioned in relevant business rules, such as the “Detailed Rules on SSE Members’ Management on Clients’ Securities Trading”, will no longer be applicable.

  • UBS MTF Trading Notice N5/2014: Easter Holidays

    Date 17/04/2014

     UBS MTF will be closed for the Easter weekend on:

    • Friday 18 April 2014
    • Monday 21, April 2014

  • Shenzhen Stock Exchange Held The 4th Session Of Public Company Open House Program For Foreign Investors

    Date 17/04/2014

    The 4th session of Public Company Open House Program for foreign investors has been held in Hangzhou by Shenzhen Stock Exchange (SZSE) recently. Representatives from about 30 foreign institutional investors visited Hangzhou Century, SW-TECH, D.A. Diagnostics, Dali Technology, Beingmate, Songcheng Tourism, 6 companies listed on the SME Board or the ChiNext Board. Investors got to learn about the operation of the companies on-spot and exchange in-depth views on the strategic plan and the industries prospect with the senior managements of the companies. During the activity, representatives from SZSE presented to the foreign investors on the development of SZSE, investor relation management services, for example, ‘Easy IR’, and answered the questions the foreign investors interested in.

  • NASDAQ OMX Expands London Presence

    Date 17/04/2014

    The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) has expanded its London business  to new, larger premises as the Group's presence in the capital continues to grow.

  • UK’s Financial Conduct Authority: Tribunal Upholds £80,000 Fine For Broker Who Lied About Income And Used Falsified Payslips In Mortgage Application

    Date 17/04/2014

    The Upper Tribunal (Tribunal) has upheld the decision of the Financial Conduct Authority (FCA) to impose a financial penalty of £80,000 on Amir Khan, director of Sovereign Worldwide Limited (Sovereign), for dishonestly submitting false income details to a mortgage lender in a personal mortgage application.