News Centre

UK Financial Conduct Authority: Update On The Double Volume Cap

Date 04/03/2021

The FCA has today published a revised version of its Statement of Policy about the use of a temporary power they have under UK Markets in Financial Instruments Regulation (MiFIR).

Moscow Exchange: CNY Penalty Rate Change

Date 04/03/2021

According to the CCP NCC decision CNY penalty rate is set equal to 8% starting from March 5, 2021.

HKEX Monthly Market Highlights

Date 04/03/2021

Highlights

- Securities Market

• Market capitalisation was $52.9 trillion at the end of February 2021, an increase of 46 per cent from $36.2 trillion for the same period last year.
• The average daily turnover in February 2021 was $233.9 billion, an increase of 103 per cent from $115.1 billion for the same period last year.
• The average daily turnover for the first two months of 2021 was $240.1 billion, an increase of 119 per cent when compared with $109.5 billion for the same period last year.
• The average daily turnover of derivative warrants for the first two months of 2021 was $14.2 billion, an increase of 61 per cent when compared with $8.8 billion for the same period last year.
• The average daily turnover of CBBCs for the first two months of 2021 was $12.0 billion, an increase of 24 per cent when compared with $9.7 billion for the same period last year.
• The average daily turnover of ETFs for the first two months of 2021 was $7.7 billion, an increase of 22 per cent when compared with $6.3 billion for the same period last year.
• The average daily turnover of Debt Securities for the first two months of 2021 was $350 million, an increase of 75 per cent when compared with $200 million for the same period last year.
• Funds raised through IPOs for the first two months of 2021 was $72.7 billion, an increase of 690 per cent when compared with $9.2 billion for the same period last year.
• Total funds raised for the first two months of 2021 was $166.1 billion, an increase of 168 per cent when compared with $62.0 billion for the same period last year.

"Observations On Current Economic Developments" - Fireside Chat Remarks By Mr Edward S Robinson, Deputy Managing Director (Economic Policy) & Chief Economist, Monetary Authority Of Singapore, At The Nomura ASEAN Conference On 4 March 2021

Date 04/03/2021

Introduction

1.      In my remarks, I will reflect on the economic impact of COVID-19 and policy responses; next, survey the current state of play, and conclude with key aspects of the ongoing policy agenda.  

Bitfinex Powers Algo Trading Tools With Launch of Historical Funding Book Data

Date 04/03/2021

Bitfinex, a state-of-the-art digital token trading platform, has expanded the range of market data services available to algorithmic traders with the launch of snapshots of historical funding book data on Bitfinex Terminal.

New Industry Research Highlights Need To Invest In Middle Office Amid Increasing Operational Pain Points For Firms

Date 04/03/2021

Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, and Firebrand Research, a provider of research and advisory services, has today published a white paper highlighting the need for sell-side firms to re-evaluate their current processes and invest in the middle office in order to improve operational controls, reduce risk and support regulatory compliance.

EPA Releases New Insight To Explore How Fintech Can Tackle Financial Exclusion - New Report Shows That The 10 Million UK Adults Excluded From Affordable Credit Who Need To Manage Irregular Income Cycles Are Increasingly Able To Access The Funds They Need Through Fintech App

Date 04/03/2021

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today published a new paper that shows the serious problem of financial exclusion in the UK and how innovation in Fintech can allow people to access affordable credit. This comes at a time when over 10 million adults in the UK cannot access affordable credit, often because of low credit scores or badly designed credit products. However, new financial technology, most notably inclusive credit, can offer a way out of precarity for millions of people.

State Street Introduces New Peer-To-Peer Repo Financing Marketplace For The Buy-Side - Innovative New Solution Improving Access To Liquidity, And Driving Scale And Flexibility For The Buy Side In Repo Markets

Date 04/03/2021

State Street Corporation (NYSE:STT) today announced the release of a new Peer-to-Peer Repo program for the buy side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets. State Street guarantees the payment obligations of cash borrowers to cash lenders within the program following a default, thus facilitating bilateral trading by counterparties with varying credit and capital strength.

Bursa Malaysia Securities Publicly Reprimands, Fines And Orders To Strike Off Mohd Ikmal Bin Zulkifli For Misconducts And Violation Of Rules

Date 04/03/2021

Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded and imposed a fine of RM28,500 on Mohd Ikmal Bin Zulkifli (IKMAL) and ordered to strike off IKMAL from the Register if he was still a Registered Person of Bursa Malaysia Securities for misconducts/breaches involving personal/unauthorised trades in the accounts of 2 clients (Client A and Client B/Clients) and misapplication of Client B’s trust monies/sales proceeds/contra gains to settle IKMAL’s unauthorised purchases.

Straits Times Index (STI) Quarterly Review - March 2021- No Changes To The Constituents Of The STI

Date 04/03/2021

FTSE Russell announces that there will be no changes to the constituents of the Straits Times Index (STI), following the March 2021 quarterly review.