News Centre

Spectrum Markets: Record Volume Of Securitised Derivatives Traded In Q3 2022

Date 19/10/2022

• A record high of 401 million securitised derivatives were traded on Spectrum in Q3 2022 compared to 198 million in Q3 2021
• Trading volumes grew by 12.4% on the previous quarter
• Retail investors continue to opt for out-of-hours trading, accounting for 36.1% of all trades in Q3 2022 compared to 33.3% in Q3 2021

Exactpro And BNY Mellon Win Swift Hackathon 2022 In Digital Assets Ownership And Interoperability Challenges

Date 19/10/2022

Exactpro, an independent software testing services provider for financial market infrastructures, is honoured to be recognised winner of the Digital Assets Ownership challenge of the Swift Hackathon 2022 alongside BNY Mellon prevailing in the Interoperability challenge. 

Bursa Malaysia Invites Public Feedback On Proposed Amendments To The Main Market Listing Requirements In Relation To Listed REITs And ETFs With Waqf Feature

Date 19/10/2022

Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “the Exchange”) is seeking public feedback on the proposed amendments to the Main Market Listing Requirements (“Main LR”) in relation to listed real estate investment trusts (“REIT”) and exchange-traded funds (“ETF”) with waqf feature (“Proposed Waqf Amendments”).

Dubai Financial Services Authority And The Securities And Exchange Commission Of Thailand Fortify FinTech And Innovation Cooperation

Date 19/10/2022

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with The Securities and Exchange Commission of Thailand (SEC), to enable open dialogue about technology enabled financial innovation in financial services, including FinTech and Regulatory Technology (RegTech).

Hong Kong Securities And Futures Commission Welcomes Hong Kong Chief Executive’s Initiatives To Enhance Hong Kong’s Competitiveness

Date 19/10/2022

The Securities and Futures Commission (SFC) welcomes and fully supports the financial services initiatives in the Chief Executive’s Policy Address to strengthen Hong Kong’s competitiveness as an international financial centre.

HKEX Welcomes The Hong Kong Chief Executive’s Policy Address

Date 19/10/2022

HKEX Chief Executive Officer Nicolas Aguzin commented on The Chief Executive’s 2022 Policy Address:

“HKEX welcomes the policy address today by Hong Kong Chief Executive John Lee that affirms his administration’s commitment to supporting Hong Kong’s position as a leading international financial centre and a global listing venue of choice."

HKEX: Exchange Publishes Consultation Paper On New Listing Rules For Specialist Technology Companies

Date 19/10/2022

• The Exchange proposes a new channel to listing on HKEX’s markets for Specialist Technology Companies
• New Rules would apply to companies in one of five Specialist Technology Industries: next-generation information technology; advanced hardware; advanced materials; new energy and environmental protection; and new food and agriculture technologies
• Market feedback is sought over a two-month consultation period

ASIC Reviews Root Cause Analysis At Six Largest Audit Firms

Date 19/10/2022

ASIC has today released a thematic report following its review of root cause analysis on negative audit quality findings conducted by the largest six audit firms. The report also includes better practice recommendations.

HKEX 2022 Q3 Results

Date 19/10/2022

Nicolas Aguzin, Chief Executive Officer said:

“This has been a productive quarter for HKEX with a number of potentially significant strategic initiatives announced or going live. These include the addition of ETFs in Stock Connect, the announcement of the next phase in the Connect franchise – Swap Connect, the establishment of the Hong Kong International Carbon Market Council and a number of new product launches and market enhancements. These are all further exciting building blocks, as we shape the long term sustainable and successful future of our business and our markets. Despite continued global market fragility, a rising interest rate environment, inflationary pressures and ongoing geopolitical tensions, we are also today pleased to report a resilient set of quarterly results. Our numbers are down on record comparables and we continue to see softness in our Cash Market. However, there are early signs of renewed momentum in the IPO market, a buoyant Derivatives Market and continued strength in both Stock Connect and Bond Connect. We are positioned well for when market sentiment recovers. Looking forward we will continue to invest in talent and technology, whilst still actively and prudently managing our cost base; and we will drive both excellence in execution and delivery as we remain fully focused on our vision to build the Marketplace of the Future.”

New Zealand Financial Markets Authority Warns InvestNow For AML/CFT Deficiencies And Failures

Date 19/10/2022

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has issued a formal warning to InvestNow Saving and Investment Service Limited for failing to comply with anti-money laundering requirements, including conducting customer due diligence, and having adequate and effective processes.