News Centre

HKEX: Temporary Holiday Risk Management Arrangements

Date 21/12/2020

The Traded Options Market will be closed for business on 25 December 2020 and 1 January 2021. In order to assure that safeguards are in place against potential market risk that may arise during the aforesaid period when some of the major markets are open, the Clearing House has decided to make a special intra-day margin call in respect of all open positions on Thursday, 24 December 2020 and Thursday, 31 December 2020.

Shanghai International Energy Exchange Has Released Its Circular On The Optimization Of The Foreign Exchange Settlement And Purchase Operation Model Concerning The Trading Of Specified Domestic Futures Products

Date 21/12/2020

Shanghai International Energy Exchange has released its Circular on the Optimization of the Foreign Exchange Settlement and Purchase Operation Model Concerning the Trading of Specified Domestic Futures Products as follows: 

To all members,

To facilitate overseas traders’ and overseas brokers' engagement in the trading of specified domestic futures products, Shanghai International Energy Exchange (“INE”) has optimized the operation model of foreign exchange (“FX”) settlement and purchase for daily clearing as follows:

Shenzhen Stock Exchange Weekly Bulletin 21 December, 2020, Issue 35

Date 21/12/2020

On December 5, 2020, Shenzhen-Hong Kong Stock Connect marked its fourth anniversary. The accumulative trading value of both Northbound and Southbound trading are 23.11 trillion RMB. Northbound Stock Connect ran for 929 trading days, with a total turnover of 18.93 trillion yuan. The average daily turnover increased from 1.54 billion yuan in the first month of opening to 55.61 billion yuan in November, 2020, an increase of 3508.63%. Southbound Stock Connect ran for 909 trading days, with a cumulative turnover of 4.16 trillion yuan. The average daily trading value increased from 454 million yuan to 12.57 billion yuan in November, 2020, an increase of 2668.06%.

Moscow Exchange Launches Physically-Deliverable Wheat Futures

Date 21/12/2020

On 21 December 2020, the Moscow Exchange Derivatives Market launched trading in a deliverable futures contract on wheat. The new instrument was designed in partnership with VTB Capital to meet the needs of various market participants including agricultural producers, processors, wheat exporters as well as banks, brokers and their clients.

Closure Of Bursa Malaysia In Conjunction With The Christmas And 2021 New Year Celebrations

Date 21/12/2020

Bursa Malaysia Berhad and its subsidiaries will be closed on these dates in conjunction with the following public holidays:

 1.   Christmas: Friday, 25 December 2020 

Bursa Malaysia and its subsidiaries will resume operations on Monday, 28 December 2020.   

Hong Kong Securities And Futures Commission Previews New Electronic Licensing Services

Date 21/12/2020

The Securities and Futures Commission (SFC) today unveiled new electronic licensing functions on WINGS (Note 1), an online platform for submitting information to the regulator. These functions are a cornerstone of the fully digitalised licensing process which the SFC plans to launch in 2021.

Update On ASIC’s Review Of November’s ASX Trade Outage

Date 21/12/2020

ASIC continues to assess the impact of the ASX Trade outage and subsequent issues with its Centre Point dark-pool trade matching service, order cancellations and a delay to clearing and settlement that occurred during the week of 16 November 2020.

Shenzhen Stock Exchange Launches The CNI Xiangmi Lake Culture And Creativity Index

Date 21/12/2020

To comprehensively reflect the operation status of the listed companies in the cultural and creative industries in Shenzhen and Hong Kong, create new cultural and creative models, promote deeply integrated development of “culture + finance”, and better support the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration zone of socialism with Chinese characteristics, on 17 December 2020, SZSE’s wholly-owned subsidiary Shenzhen Securities Information Co., Ltd. and the People’s Government of Futian District jointly launched the CNI Xiangmi Lake Culture and Creativity Index (Abbreviation: Culture & Creativity. Code: 980046). 

New Zealand Financial Markets Authority Releases CPA Australia And NZICA Accredited Body Reports

Date 20/12/2020

The Financial Markets Authority (FMA) has published its annual accredited body reports for CPA Australia and the New Zealand Institute of Chartered Accountants (NZICA).

Cost Impacts From NZX IT And Cybersecurity Reviews

Date 20/12/2020

NZX has considered the recommendations and potential cost impacts following the completion of reviews commissioned by the NZX Board from independent service providers into the clearing and settlement incidents between March and April 2020, and the Distributed Denial of Service (DDoS) attacks that began in August 2020. NZX accepts that it did not meet its own high standards in certain areas of its technology systems.