News Centre

Shanghai International Energy Exchange Co., Ltd Announces The Notice On The Approval Of Sinopec Petroleum Reserve Co., Ltd. Zhanjiang Branch To Increase Storage Capacity For Crude Oil Futures

Date 05/08/2020

Shanghai International Energy Exchange Co., Ltd Announces the Notice on the Approval of Sinopec Petroleum Reserve Co., Ltd. Zhanjiang Branch to Increase Storage Capacity for Crude Oil Futures, with the following content:

This is to acknowledge our receipt of the application of Sinopec Petroleum Reserve Co., Ltd. to increase the storage capacity for crude oil futures. In accordance with the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules, we hereby issue the following response based on inspection and review results:

We approve the active storage capacity of Sinopec Petroleum Reserve Co., Ltd. (located on Xinggang Avenue, Lingang Industrial Zone, Zhanjiang, Guangdong Province), to be increased from 400,000m3 to 800,000 m3, with an approved storage capacity of 900,000 m3.

Shanghai Gold Exchange: Notification On Further Market Risk Control

Date 05/08/2020

The gold price has hit a record high and the silver price continues high volatility. All members shall increase awareness of risk prevention, prepare detailed risk emergency response plan, remind investors to be cautious towards market risk, control their own positions and make rational investments.

Vela Deploys Normalised Market Data Feed In AWS - Supporting The Growing Demand For Improved And Secure Access To High-Quality Real-Time Trading Data In The Cloud

Date 05/08/2020

Spectrum Hits Milestone: 200 Million Traded Securitised Derivatives

Date 05/08/2020

Spectrum Markets has exceeded the milestone of 200 million traded securitised derivatives since its launch in October 2019 – only three months after it reached 100 million traded securitised derivatives in April 2020. In July 38.1 million securitised derivatives were traded. This represents a 7.9% increase over the previous month and sets another record. Spectrum Markets has increased its trading volume for the tenth consecutive month of full trading.

Roeland Dietvorst Appointed Lead Behavioural Scientist At NN Investment Partners (NN IP)

Date 05/08/2020

NN IP is pleased to announce the appointment of Roeland Dietvorst, as of 1 August 2020. He will be part of the innovation team based in The Hague and report to Arnoud Diemers, Head of Responsible Investing & Innovation. Roeland will apply his understanding of behavioural science and neuroscience and apply techniques to better understand how the processing of information leads to decision making, in order to advance the investment decision making process.

Avelacom Debuts Connectivity, Market Data And Infrastructure Solutions On B3 (Brazil's Stock Exchange) - Non-Resident And Local Institutional Investors Will Benefit From Improved Market Access, Additional Options And Ample Opportunities For Cross-Market Arbitrage Via Avelacom’s Low Latency Global Network

Date 05/08/2020

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is launching its low latency network, market data and Infrastructure-as-a-Service (IaaS) solutions for B3’s market participants. Traders on B3 will be able to access high capacity trading link options and IT resources, with better control of Total Cost of Ownership (TCO), without any compromise in data speed.

IQ-EQ Netherlands Makes Two Senior Appointments

Date 05/08/2020

Leading global investor services group IQ-EQ is pleased to announce two senior appointments in its Amsterdam office. Stefan de Kort joins IQ-EQ as Director, Fund Services, while Laurens de Lange – who joined the group in 2018 – has been promoted to Compliance Leader for the Netherlands. Both will be members of the local leadership team.

People Turn To Money Management Apps During Lockdown As Trust In Digital Banking Rises

Date 05/08/2020

• Lockdown accelerates online and mobile money management with more than half of the population (54%) now using them regularly
• More than a third (36%) feel more comfortable using banking and money management apps since lockdown and almost a quarter (23%) trust online banking more now than before lockdown
• With many struggling financially, the use of these apps is important to help people make the most of their money

ASIC’s Role In Ensuring Confidence Is Maintained In The Financial System - This Statement Was Tabled At The House Of Representatives Standing Committee On Economics, Parliament House On 5 August 2020

Date 05/08/2020

Australia faces significant challenges as a result of the COVID-19 pandemic.

Monetary Authority Of Singapore Announces Key Initiatives To Support SORA Adoption

Date 05/08/2020

The Monetary Authority of Singapore (MAS) today announced several initiatives to support the adoption of the Singapore Overnight Rate Average (SORA) [1] , which is administered by MAS. Given SORA’s growing importance as a key interest rate benchmark in SGD financial markets, these initiatives aim to catalyse greater activity in SORA markets, safeguard the benchmark’s integrity and enhance market confidence in SORA. They complement the industry-led transition roadmap, set out by the Steering Committee for SOR Transition to SORA (SC-STS), to develop vibrant and robust SORA markets.