News Centre

SGX Welcomes The Listing Of Nikko AM’s ETF Benchmarked To Premier ChinaBond-ICBC RMB Bond Index

Date 24/11/2020

• NikkoAM-ICBCSG China Bond ETF provides investors with easy access to Chinese government and policy bank bonds
• This is the maiden ETF linked to the ChinaBond-ICBC RMB Bond Index which SGX is the first exchange outside of China to disseminate

HKEX To Introduce Synapse, A Settlement Acceleration Platform For Stock Connect

Date 24/11/2020

• HKEX Synapse will automate and streamline post-trade processes, underpinning the growth of global investors accessing the Mainland China market via Stock Connect
• Targeting production in Q1 2022, HKEX Synapse will improve the efficiency and transparency of Northbound Stock Connect settlement for institutional investors

Monetary Authority Of Singapore Launches World's First Grant Scheme To Support Green And Sustainability-Linked Loans

Date 24/11/2020

The Monetary Authority of Singapore (MAS) announced today the launch of the Green and Sustainability-Linked Loan Grant Scheme (GSLS), which will be effective as of 1 January 2021. The first of its kind globally, the GSLS seeks to support corporates of all sizes to obtain green and sustainable financing by defraying the expenses of engaging independent service providers to validate the green and sustainability credentials of the loan. The grant also encourages banks to develop green and sustainability-linked loan frameworks to make such financing more accessible to small and medium-sized enterprises (SMEs).

Caution Prevails Across APAC With Big Ticket VC Deals Remaining Mostly Non-Existent In Q3, Finds GlobalData

Date 24/11/2020

Big ticket deals (or billion-dollar deals) remained mostly non-existent as low value deals (investment <=US$10m) continue to account for the majority of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company.

Shenzhen Stock Exchange Market Bulletin, November 23, 2020 - Issue 33

Date 24/11/2020

China's actual use of foreign capital surged 18.3 percent on a yearly basis to 81.87 billion yuan ($11.83 billion) in October of this year, marking the seventh consecutive month for the country to witness positive growth in foreign direct investment, according to data released by the Ministry of Commerce. Foreign direct investment in China grew by 6.4 percent year-on-year to 800.68 billion yuan between January and October. In dollar terms it increased by 3.9 percent to $115.09 billion.

Statement Of CFTC Commissioner Rostin Behnam Regarding Staff Report On April 20, 2020 Trading In NYMEX WTI Crude Oil Futures Contract

Date 24/11/2020

I commend the Division of Market Oversight and the Office of the Chief Economist for issuing today’s Staff Report on the April 20, 2020 trading in the West Texas Intermediate Light Sweet Crude Oil Futures contract (WTI Contract) on the New York Mercantile Exchange (Staff Report).

Statement Of CFTC Commissioner Dan M. Berkovitz Regarding The CFTC Staff Report On The Trading Of Nymex WTI Crude Oil Futures Contracts On And Around April 20, 2020

Date 24/11/2020

The Report issued today (November 23, 2020) by the CFTC Staff, “Interim Staff Report: Trading in NYMEX WTI Crude Oil Futures Contract Leading up to, on, and around April 20, 2020” (Report) is incomplete and inadequate.  The Report fails to determine the cause of the unprecedented plunge in the price of the WTI futures contract and divergence from physical markets on April 20, the penultimate day of trading in the May contract.  Rather, it provides a general recitation of economic conditions in the weeks and days leading up to April 20, and offers only aggregated statistics regarding trading on that day.  Unfortunately, this Report does not provide the public with an adequate explanation for the extraordinary price collapse on April 20. 

CFTC: Technology Advisory Committee To Meet On December 14

Date 23/11/2020

The Technology Advisory Committee (TAC) announced today that it will hold a public meeting on Monday, December 14, 2020, via teleconference in accordance with the agency’s implementation of social distancing due to the COVID-19 (coronavirus) pandemic. CFTC Commissioner Brian Quintenz is the sponsor of the TAC.

SEC Issues Statement On European Central Counterparties Seeking To Register Or Request Exemptions From The SEC

Date 23/11/2020

The Securities and Exchange Commission today issued a Policy Statement and Guidance focused on central counterparties (CCPs) authorized under the European Markets Infrastructure Regulation (EMIR) that may seek to access and operate in the U.S. securities markets. The Statement provides transparency into the Commission’s processes and highlights efficient ways that CCPs based in the European Union (EU) can register as a clearing agency or request exemptions from certain requirements under the Securities Exchange Act of 1934.

CFTC Staff Publishes Interim Report On NYMEX WTI Crude Contract Trading On And Around April 20, 2020

Date 23/11/2020

Staff of the Commodity Futures Trading Commission’s Division of Market Oversight (DMO) and Office of the Chief Economist (OCE) today published an interim report regarding the circumstances leading up to, on, and around April 20, 2020 for the West Texas Intermediate Light Sweet Crude Oil futures contract (WTI Contract) traded on the New York Mercantile Exchange (NYMEX).