News Centre

Circular Of Shanghai International Energy Exchange On Requesting Public Comments On INE Crude Oil Options Contract Of The Shanghai International Energy Exchange And Related Implementing Rules

Date 06/05/2021

In accordance with the Regulations on the Administration of Futures Trading, the Measures on the Administration of Futures Exchange, the General Exchange Rules of the Shanghai International Energy Exchange and other relevant laws and regulations, Shanghai International Energy Exchange（hereinafter referred to as “INE”）, the subsidiary of Shanghai Futures Exchange has drafted INE Crude Oil Options Contract Specifications (for public consultation), the Options Trading Rules of the Shanghai International Energy Exchange (for public consultation), as well as amended related rules and requests public comments on these rules.

Compelling Use Cases Drawing Venture Capital Investments To Microbiome Space, Says GlobalData

Date 06/05/2021

Scientific research has proved that microbiome, the genetic material of all the microbes living together in a particular habitat, plays an important role not only in human, plant and animal health but also in nutrition, cosmetics, and environmental restoration. As a result, fueled by the broad scope of the field, venture capital (VC) investments are on an ascent in microbiome companies, says GlobalData, a leading and data analytics company.

EPA Challenges Customer Dispute Process To Mitigate Chargebacks And Financial Fraud - New Research Explores The Threat Of ‘Double Credits’ And Offers Recommendations To Provide The Catalyst For Action

Date 06/05/2021

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its thought leadership piece, ‘Customer Disputers: A review of Chargebacks and Double Credits’ in partnership with Chargebacks911 and Fi911.

Shanghai Gold Exchange: Notification On Adjusting Margin Rates And Price Limits Of Deferred Contracts

Date 06/05/2021

As the prices of gold and silver deferred contracts are stable in recent trading days, SGE will adjust the margin rates and price limits of Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, NYAuTN12 and Ag(T+D) according to the Measures for the Administration of Risk Control of the Shanghai Gold Exchange. Detailed adjustments are as below:

As of after-hours clearing on May 7th (Friday) 2021, margin rates for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, NYAuTN12 will be reduced from 12% to 8%, and the price limits will be reduced from 11% to 7% starting from the following trading day; margin rate for Ag(T+D) will be reduced from 16% to 12%, and the price limit will be reduced from 15% to 11% starting from the following trading day.

Greece’s Eurobank Selects Temenos To Reimagine Wealth Management For The Digital Age

Date 06/05/2021

• Front-to-Back platform modernization with Temenos Wealth will help Eurobank strengthen its position in wealth management and affluent segment
• Eurobank will use Temenos advanced AI technology to create a fully-digital investment portfolio management service, including Robo-Advisor app to target Greece's affluent and mass affluent market
• New tools will help meet customers growing need and preference to save and invest digitally

Mohammed bin Rashid Issues Law Expanding DIFC Objectives

Date 06/05/2021

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2021 relating to Dubai International Financial Centre (DIFC).

Deutsche Börse Acquires Remaining Stake In Clearstream Fund Centre

Date 06/05/2021

• Deutsche Börse AG acquires outstanding 49% stake from UBS and becomes sole shareholder of Clearstream Fund Centre, a leading European fund distribution platform with more than EUR 300 billion assets under administration
• The transaction completes the transition from UBS to Deutsche Börse and marks the successful integration into the Group’s post-trade services provider Clearstream
• UBS remains a key long-term partner and client of Clearstream Fund Centre
• Clearstream Fund Centre and Clearstream’s investment funds processing business have shown strong growth momentum since the integration with a reported Q1 2021 EBITDA of EUR 52.6 million, strong 23% organic yoy net revenue growth and a total of EUR 3.1 trillion of assets under custody, building out its leading position in the funds processing and distribution market

Japan Exchange Group: Status Of Acquisition Of Own Shares

Date 06/05/2021

Japan Exchange Group, Inc. hereby announces the status of matters regarding acquisition of own shares pursuant to the provisions of its Articles of Incorporation and Article 459, Paragraph 1 of the Companies Act, which was resolved at its Board of Directors meeting held on April 28, 2021.

SGX RegCo Leverages RegTech For Oversight Of Listed Issuers

Date 06/05/2021

Singapore Exchange Regulation (SGX RegCo) is introducing the use of artificial intelligence and other RegTech solutions to enhance its oversight of listed issuers.

Coface Quarterly Barometer: US Leads The Global Recovery, Emerging Economies Lag Behind

Date 06/05/2021

More than a year after the start of the pandemic, global economic trends are uneven due to lingering uncertainties around the spread of COVID-19. The acceleration of the vaccination process, as well as its effectiveness, are key to an economic recovery. In this context, the prospects for a return to normalcy are both uneven and uncertain across sectors of activity and geography, according to the latest barometer from Coface, a leading player in the credit insurance industry.