News Centre

CloudMargin Signs Seven New Bank Clients In Last Quarter - Cross-Asset Functionality Key Driver Of Growth

Date 28/07/2022

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today a number of significant achievements over the quarter ended June 30, including adding seven new bank clients globally, further enhancing the ability to centralise data and optimise collateral via the CloudMargin platform, and hiring a key new member of the sales team in Europe.

First Batch Of Shanghai Stock Exchange-Listed Companies Successfully Landed On Swiss Market Through Depository Receipts Under The Stock Connect Scheme

Date 28/07/2022

On July 28, with the smooth launch of the China-Switzerland Stock Connect, SSE-listed companies Keda Industrial Group Co., Ltd (600499.SH, Keda) and Ningbo Shanshan Co., Ltd (600884.SH, Shanshan) successfully issued and listed Global Depository Receipts (GDRs) on the SIX Swiss Exchange. This is the first batch of SSE-listed companies entering the SIX Swiss Exchange since the Depository Receipts business under the Stock Connect Scheme was expanded to include the stock market in Switzerland. Among them, Keda GDRs were issued at US$14.43 per GDR, raising a total of US$173 million; Shanshan GDRs were issued at US$20.64 per GDR, raising a total of US$319 million. The capital raised will be used for the expansion of the companies’ overseas business.

CryptoCompare Digital Asset Management Review - July: Ethereum Investment Products AUM Rises 44.6% To $6.57bn

Date 28/07/2022

It has been a turbulent couple of months for the digital asset ecosystem, marred by large losses and high-profile contagion events.  In the month of June, all but one product – the 21Shares Short Bitcoin ETP – recorded negative returns. July has seen this trend reverse, with all products covered by this report seeing positive 30-day returns.

London Stock Exchange Group Director Declaration - Cressida Hogg

Date 28/07/2022

London Stock Exchange Group plc (the "Company") has been notified that Cressida Hogg, Senior Independent Director of the Company, will join the Board of BAE Systems plc as Non-Executive Director and Chair-Designate with effect from 1 November 2022. She will assume the role of Chair of the Board of BAE Systems with effect from 4 May 2023. Cressida is expected to step down from the Board of Land Securities Group PLC no later than July 2023.

ADDX Lists Private Credit Fund Managed By Helicap Investments To Promote Financial Inclusion In South-East Asia - Since 2018, The Flagship Helicap Fund I Has Disbursed More Than US$100 Million In Loans And Has Achieved A Net Return Of Around 10% On An Annualised Basis

Date 28/07/2022

Helicap Investments has listed its flagship fund, Helicap Fund I, on the private market exchange ADDX to improve financial inclusion for underserved individuals as well as micro- to small- and medium-sized enterprises in Southeast Asia, and to empower partner institutions to transform the way consumers and SMEs access credit. Since the launch of the fund in 2018, it has disbursed more than US$100 million and its historical performance has been around 10% in net annualised returns.

HKEX: Stock Exchange Participants' Market Share Report

Date 28/07/2022

SIX Officially Launches The Swiss GDRs-Leg Of The China-Switzerland Stock Connect Together With Shanghai And Shenzhen Stock Exchanges

Date 28/07/2022

Today, SIX officially launched the Swiss GDR-leg of the China-Switzerland Stock Connect with the participation of senior government representatives from China and Switzerland. In addition to the official launch celebrations, the first Chinese companies aim to list their Global Depository Receipts GDRs this afternoon and trading is expected to start in the newly established GDR trading segment on SIX Swiss Exchange at 3 pm today.

UK Financial Conduct Authority Publishes Decision Notices For Carillion Plc (In Liquidation) And Three Of Its Former Executive Directors

Date 28/07/2022

The three individuals have referred their respective Decision Notices to the Upper Tribunal where they will each present their case. Any findings in the individuals’ Decision Notices are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers their behaviour should be characterised.

Keynote Speech By Tan Boon Gin, CEO Of SGX RegCo, At SGX RegCo-Women In Sustainability And Environment Event On “The Roadmap And Roadblocks In The Financial Sector”

Date 28/07/2022

Good afternoon and welcome to SGX.

I spoke last week at an event on “Climate Reporting in ASEAN” and said, among other things, that as a regulator, we are looking at the adoption of the International Sustainability Standards Board reporting standards. These standards could be finalized as early as the end of this year and lead to more complete, consistent and comparable climate disclosures by our listed companies. 

HKEX Publishes Conclusions On Revising Position Limits And LOP Reporting Requirements

Date 28/07/2022

• HKEX will implement new 5-tier position limit regime for single stock options and futures markets
• HKEX will remove additional position limits for flagship-minis
• The effective date of the revised position limit requirements will be announced in due course