News Centre

Avelacom Wins FX Markets e-FX Award For The Best Connectivity, Hosting And Co-Location Services - Recognition By FX Markets Marks Avelacom’s Third Industry Award In 2021

Date 28/07/2021

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has won the FX Markets Award for best connectivity, hosting and co-location services for electronic FX trading.

Bursa Malaysia Records RM210.4 Million Profit After Tax For The First Half Of 2021: Highest First Half-Yearly Financial Performance Since Listing In 2005

Date 28/07/2021

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) registered Profit After Tax (“PAT”) of RM210.4 million for the first half ended 30 June 2021 (“1H2021”), a 39.4% increase from the RM151.0 million reported in the previous corresponding half ended 30 June 2020 (“1H2020”). The increase in PAT is due to higher operating revenue, which grew by 31.0% to RM420.2 million from RM320.7 million in 1H2020. Meanwhile, total operating expenses in 1H2021 increased by 14.9% to RM146.1 million from RM127.1 million in 1H2020, mainly due to higher staff costs and corporate social responsibility expenditure.

Monetary Authority Of Singapore Lifts Dividend Restrictions On Local Banks And Finance Companies

Date 28/07/2021

The Monetary Authority of Singapore (MAS) today announced that dividend restrictions on locally-incorporated banks and finance companies headquartered in Singapore (Local Banks and Finance Companies) will not be extended.

Shanghai Stock Exchange Takes Multiple Initiatives To Support Henan Region In Coping With Extraordinary Rainstorm And Post-Disaster Reconstruction

Date 28/07/2021

Recently, the serious casualties and property losses in Henan's heavy rains has pulled at the heartstrings of the people across the country. The Shanghai Stock Exchange (SSE) has resolutely implemented General Secretary Xi Jinping's important instructions for flood control and disaster relief. In response to the unified deployment of the Party Committee of the China Securities Regulatory Commission (CSRC), the SSE has taken multiple supportive measures for Henan Province to deal with the catastrophic rains and handle reconstruction, such as cost cuts and exemptions for market entities and optimization of market services.

UK Reports £5.7m In Cyber Crime Financial Loss So Far This Year – With One Third Coming From Businesses

Date 28/07/2021

• From the start of 2021, the UK has reported a total of 14,883 instances of cyber crime, with the total losses of £5.7m
• Despite 90% of offences being made against the public, UK businesses have reported £1.9M of losses - a third of the total figure
• Offences involving hacking, social media and email account for 6.3k of reported incidents
• Primary targets for cyber crime appear to be tech-savvy individuals under 40

Saxo Bank Wins Best Prime-Of-Prime Broker And Best Retail FX Platform At The FX Markets e-FX Awards 2021

Date 28/07/2021

Saxo Bank is proud to announce that, for the second year running, it has won the “Best Retail FX platform” and the “Best Prime of Prime Broker” in the prestigious e-FX Awards organised by FX Markets.

Osaka Exchange And Tokyo Commodity Exchange: Go-Live Date Of J-GATE3.0

Date 28/07/2021

Osaka Exchange, Inc. and Tokyo Commodity Exchange, Inc. have been preparing for the launch of next-generation derivatives trading system (J-GATE3.0) to expand market liquidity and further improve reliability and convenience for investors, trading participants, and other market users. Based on the progress of our preparations, we hereby announce that J-GATE3.0 will go-live on Tuesday, September 21, 2021, which has been set as schedule.

SEBA Bank Appoints Sam Lin As Chief Executive Officer Asia To Strengthen APAC Presence

Date 28/07/2021

• Senior leadership appointment to complement headcount growth in Singapore and Hong Kong hubs and solidify status as regional leader in digital asset banking
• Appointment adds deep domain expertise in investment banking as well as the development and implementation of financial technology solutions.
• Lin to leverage prior experience in taking financial technology company public to grow SEBA Bank’s APAC presence and operations

Hong Kong Securities And Futures Commission Statement On Next Digital Limited

Date 28/07/2021

The Securities and Futures Commission (SFC) notes the appointment by the Financial Secretary under the Companies Ordinance of an inspector to investigate the affairs of Next Digital Limited.

Shanghai International Energy Exchange (INE) Releases an Announcement On The Adjustment Of The Settlement Price For Low Sulfur Fuel Oil Futures LU2108 Contract

Date 28/07/2021

Shanghai International Energy Exchange (INE) releases an announcement on the Adjustment of the Settlement Price for Low Sulfur Fuel Oil Futures LU2108 Contract , as shown below: