News Centre

Hudson Fintech And Oracle Partner, 1066NOW, Collaborate To Enhance Product Coverage And Extend Distribution

Date 09/07/2021

Hudson Fintech, the London-based Capital Markets technology firm, has partnered with 1066NOW, an Oracle Partner, to make the Hudson Edge platform available to financial institutions using Oracle’s suite of products.

Shanghai Gold Exchange: Announcement On The First Recruitment Of Market Makers For The International Board Contracts In Price Asking Market

Date 09/07/2021

To promote price asking trades on the Shanghai Gold Exchange (SGE or the “Exchange”), enhance market quality, and better support the real economy, in accordance with the Measures for the Administration of Market Makers of the Shanghai Gold Exchange, SGE starts the first recruitment of market makers for the international board contracts in price asking market. Shanghai Gold Exchange International (“SGEI”) is authorized by SGE to manage the market makers of International Board contracts in price asking market. 

CFFEX: Notice On Issues Related To The Delivery Of Equity Index Futures And Options Contracts

Date 09/07/2021

Pursuant to the Trading Rules of China Financial Futures Exchange and relevant detailed implementation rules, the last trading day of a CSI 300 Index futures, SSE 50 Index futures, CSI 500 Index futures, and CSI 300 Index options contract is the third Friday of the expiry month. Where the last trading day is a public holiday or trading of that contract is suspended on that day for extraordinary situations or other reasons, the last trading day shall be postponed to the following trading day. Accordingly, the last trading day of IF2107, IH2107, IC2107, and IO2107(CSI 300 Index options contracts expiring in July 2021) is July 16, 2021.

Japan Exchange Group: Trading To Continue After Declaration Of A State Of Emergency

Date 09/07/2021

The government of Japan announced yesterday that it will declare a state of emergency for Tokyo effective from July 12 over the spread of Covid-19. However, trading for all of the markets on the Tokyo Stock Exchange, Osaka Exchange and Tokyo Commodity Exchange will continue as usual.

Hedge Funds Post Strongest 1H Gain Since 1999 - HFRI Equity Hedge Tops Strategy Performance On Reopening, Inflation Uptick; Sub-Strategies Led By Technology, Commodity On Earnings, Oil Volatility

Date 09/07/2021

Hedge fund performance advanced in June, extending the streak of consecutive monthly gains to nine and completing the best first half of a calendar year since 1999, driven by optimism regarding the US economic reopening and despite increasing signs of building inflationary pressures in the US and Europe. The HFRI Fund Weighted Composite Index® (FWC) gained +0.4 percent in June, while the investable HFRI 500 Fund Weighted Composite Index advanced +0.2 percent, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund 9ndustry.

IMF Managing Director Kristalina Georgieva Welcomes The Executive Board’s Backing Of For A New US$650 Billion SDR Allocation

Date 09/07/2021

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), made the following statement today regarding the Executive Board’s decision supporting the general allocation of Special Drawing Rights (SDRs):

“The IMF Executive Board yesterday concurred in my proposal for a new general SDR allocation equivalent to US$650 billion – the largest allocation in the IMF’s history – to address the long-term global needs for reserves during the worst crisis since the Great Depression.

Taiwan Futures Exchange Newsletter - July 2021

Date 09/07/2021

TAIFEX posted a record-breaking half-year trading volume of 207,782,823 contracts in H1 2021, an increase of 19.6% from the previous high in H1 2020. The average daily volume (ADV) also set a record, peaked at 1,793,185 contracts, up 28.6% compared to 2020.

New Zealand Financial Markets Authority Concludes Inquiries Into Fonterra’s 2019 Financial Statements And Complaints Relating To Valuations Of Beingmate And China Farms

Date 08/07/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has closed its inquiries that followed Fonterra’s 2019 financial statements market announcement. The FMA did not find evidence to support regulatory action, including litigation, under the Financial Markets Conduct Act.

US Department Of Justice: Cryptocurrency Fraudster Sentenced For Money Laundering And Securities Fraud In Multi-Million Dollar Investment Scheme

Date 08/07/2021

A Swedish man was sentenced today to 15 years in prison for securities fraud, wire fraud and money laundering charges that defrauded thousands of victims of more than $16 million.

Consolidated Audit Trail: The “A Through Z” Security And Privacy Requirements, Kelvin To, Founder And President At Data Boiler Technologies

Date 08/07/2021

When we compare the current Consolidated Audit Trail (CAT) design with our “A-Z” requirements listed below, we see significant deficiencies and ineffective controls in CAT that require immediate attention. Is that the reason why the CAT operating committee seems to hesitate to respond to each of our 26 suggestions? These principle based requirements are better than the Enhanced Data Security proposal which only ask FINRA CAT LLC to comply with outdated security guidance – the revision 4 of SP800-53 by the NIST [see prior article’s endnote for a elaborated discussion]. To address the flaws in CAT’s outdated design and to resolve CAT’s challenges, it will take not just cooperation and collaboration, but development and deployment efforts.