News Centre

Appital Launches Insights To Redefine How Buyside Engage To Unlock Unique Liquidity - An Industry First, Appital Insights™ Allows Buyside Institutions To Assess The Viability Of Executing Larger ADV Orders Without Alerting The Market

Date 06/09/2023

• Appital Insights™ empowers traders and PMs to gain exposure to liquidity events in relevant equities that meet their minimum ADV or pricing thresholds
  
• They are no longer constrained by placing large orders directly into the market and risk information leakage or price erosion
• Buyside traders and PMs can now be confident that they will be able to successfully execute large or illiquid equity trades before entering the market via Appital Turquoise BookBuilder™

FirstRand Bank Visits Shanghai Gold Exchange

Date 06/09/2023

On September 4, 2023, a delegation from FirstRand Bank, led by Nanagolo Phiri, Head of Corporate Client Group, Phakamile Mainganya, Chief Risk Officer, and Thabani Zungu, Head of Credit visited Shanghai Gold Exchange(SGE), and met with Gu Wenshuo, SGE’s Vice President. Representatives from relevant business departments of SGE participated in the meeting as well.

Temenos First To Launch Secure Generative AI Solution In Banking To Help Banks Offer Personalized Experiences - Temenos Is A Leader In True Explainable AI And Developing Generative AI With Ethical And Responsible Deployment In Banking

Date 06/09/2023

Temenos has (SIX: TEMN) today launched an industry-first secure solution for banks using Generative Artificial Intelligence (AI) to automatically classify customers’ banking transactions.

Hong Kong Securities And Futures Commission: Court Appoints Administrators For Vantage New Generation Securities Limited

Date 06/09/2023

The Securities and Futures Commission (SFC) has obtained an order from the Court of First Instance (CFI) to appoint Ms Chan Pui Sze and Ms Mak Hau Yin of Briscoe Wong Advisory Limited as joint and several administrators of Vantage New Generation Securities Limited (VNGSL, formerly known as Global Group Securities Limited) .

Dalian Commodity Exchange Deals With 58 Cases Of Abnormal Trading In August 2023

Date 06/09/2023

Dalian Commodity Exchange (DCE) continues to investigate and handle abnormal trading activities and violations for the purposes of performing front-line market supervision responsibilities, regulating futures trading activities, preventing and mitigating market risks and protecting the legitimate rights and interests of market participants. In August 2023, 58 cases of abnormal trading and sixteen violation clues were investigated and handled.

SGX Group Welcomes Guotai Junan Futures (Singapore) Pte. Ltd. As Derivatives Trading And Clearing Member

Date 06/09/2023

Singapore Exchange (SGX Group) is pleased to welcome Guotai Junan Futures (Singapore) Pte. Ltd. to its derivatives market as a trading and clearing member.  

Announcement On Amendments To The Measures For Clearing Management Of Dalian Commodity Exchange

Date 06/09/2023

The amendments to the Measures for Clearing Management of Dalian Commodity Exchange, upon discussion and approval at the 35th meeting of the 4th Board of Governors of Dalian Commodity Exhange, are hereby released and will come into effect on the date of promulgation.

Announcement On The Amendments To The Futures Clearing Rules Of Zhengzhou Commodity Exchange

Date 06/09/2023

The Amendments to the Futures Clearing Rules of Zhengzhou Commodity Exchange have been adopted at the 3rd meeting of the 8th Board of Governors of Zhengzhou Commodity Exchange and filed with the China Securities Regulatory Commission. The amendments are now hereby published and shall come into force from the day of its promulgation. 

ASX Group Monthly Activity Report August 2023

Date 06/09/2023

Trading – Cash Markets (including equities, interest rate and warrant trades)

• In August 2023, the average daily number of trades was down 10% on the pcp. The average daily value traded onmarket of $5.417 billion was down 5% on the pcp. 
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.5% in August, in line with pcp. 
• Future volatility (as measured by the S&P/ASX 200 VIX) in August was an average of 11.8, down 18% on pcp

ASIC Takes Aim At The Distribution Of OTC Derivatives And Other High-Risk Products To Retail Clients

Date 06/09/2023

ASIC is taking aim at the broad distribution of over-the-counter (OTC) derivatives and other high-risk retail products after a recent targeted review found significant room for improvement in how they meet their design and distribution obligations (DDO).