News Centre

Taiwan Futures Exchange Newsletter - August 2022

Date 11/08/2022

Starting from July 25, 2022, Taiwan Futures Exchange (TAIFEX) offers central clearing services of OTC derivatives for market participants such as commercial banks to lower capital requirements and improve capital efficiency. The service is in parallel with global regulatory norms and implemented in phases. The first phase incorporates voluntary central clearing services for inter-bank dealers. Proprietary transactions of TWD-denominated interest rate swaps (IRSs) submitted through approved trade affirmation platforms, including MarkitWire and TPEx OTC TR. The next phase will include USD/TWD non-deliverable currency forwards (NDF) for the end customers of banks in the coming year.

Mckay Brothers Launches The Fastest Transpacific Market Data And Private Bandwidth Services - New Ultra-Low Latency Services Connect Key Illinois And Asia Exchanges

Date 11/08/2022

McKay Brothers’ MBI team has launched the lowest known latency market data services between Illinois’ largest futures exchanges and key Asia trading centers in Tokyo, Singapore and Hong Kong. MBI has also launched Transpacific private bandwidth services that are faster than any known alternative.

Due To Suspicion Of Influencing The Share Prices Of (18) Companies Listed On The Capital Market, The Saudi Capital Market Authority Refers Accounts' Holders On The Social Media Platform “Twitter” To The Public Prosecution

Date 11/08/2022

The Capital Market Authority (CMA) would like to announce to all participants and investors in the Saudi stock Exchange that through the continuous observation and follow-up procedures carried out by the CMA, and after receiving a number of complaints and reports, have detected accounts with usernames  (@Nawafmsz)  and (@Mnawafms) on the social media Platform “Twitter” committing behaviors suspected of violating Article (49) of the Capital Market Law and Article (8) of the Market Conduct Regulations, by publishing tweets on "Twitter" platform  that involve circulating an opinion for the purpose of influencing the share prices of (18) companies listed on the Saudi Stock Exchange. beside the CMA’s initiation of the procedures for control, inference and analysis of the tweets published by the holders of the two accounts referred to above; It was suspected that these tweets were intended to influence the share prices of some companies, therefore the CMA board resolution has been issued regarding the referral of the holders of the aforementioned accounts to the Public Prosecution to file a public case against them.

In Volatile Times, Horizons ETFs Expands Engagement With Solactive Launching Utilities ETF

Date 11/08/2022

In a volatile economic environment, investors might want to protect and diversify their portfolio. Utility services companies are likely to suffer less from fluctuations, as demand for their products continues stable even during recessions, therefore providing stability to an investment strategy. Additionally, companies that pay consistent dividends are also likely to add more stability to a portfolio, as they offer investors an income source, which might be beneficial, especially during turbulent periods in the market. To provide stockholders with defensive exposure opportunities, Horizons ETFs now expands its engagement with Solactive and launches the Horizons Canadian Utility Services High Dividend Index ETF (ticker UTIL). The fund aims to track the Solactive Canadian Utility Services High Dividend Index and was listed on the Toronto Stock Exchange (TSX) on 10 August 2022.

$18 Trillion Wiped Off Global Markets In First Half Of 2022, WFE Data Reveals - World Federation Of Exchanges Report Sheds Light On “Period Of Extreme Uncertainty”

Date 11/08/2022

New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, lays bare the full economic impact of the Ukraine war upon a global economy still trying to recover from the Covid-19 pandemic.

Avelacom Invests In Its Low Latency Network In The Middle East And Turkey - The Latest Network Upgrades, New Partnerships And Connectivity Solutions Have Been Launched For Financial Services Companies That Are Increasingly Interested In The Region’s Capital Markets

Date 11/08/2022

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets today announces new optimised routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These new routes will encourage global traders to accelerate their presence in the region for continuous hedging and repositioning.

Dubai Clear And Saudi’s Securities Clearing Center Company “Muqassa” Sign Memorandum To Promote Mutual Cooperation And Share Knowledge

Date 11/08/2022

Dubai Clear, a subsidiary of the Dubai Financial Market (DFM) and The Securities Clearing Center Company “Muqassa”, a subsidiary of Saudi’s Tadawul Group, signed a Memorandum of Cooperation, creating a broad framework to strengthen collaboration and share knowledge on central clearing services as well as to actively explore ways of enhancing these services in line with international best practices.

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In July 2022

Date 11/08/2022

Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. The enforcement against such violations in July 2022 are listed as follows:

London Stock Exchange Group Plc Purchase Of Own Shares

Date 11/08/2022

LSEG announces it has purchased the following number of its voting ordinary shares of 6^79/86 pence each from Goldman Sachs International ("GSI") on the London Stock Exchange pursuant to instructions issued by LSEG on 5 August 2022 as part of its share buyback programme, as announced on 5 August 2022.

SGX Group Reports Market Statistics For July 2022

Date 11/08/2022

• Iron ore lifts commodity derivatives volume to four-month high
• Growth in secondary fundraising despite challenging market conditions