News Centre

HKEX Report On Initial Public Offering Applications, Delisting And Suspensions

Date 31/12/2020

Report on Initial Public Offering Applications, Delisting and Suspensions
(As at 31 December 2020)

Malawi Stock Exchange Weekly Trade Summary - 31 December 2020

Date 31/12/2020

Click here to download Malawi Stock Exchange's weekly trade summary.

Shenzhen Stock Exchange Market Overview 2020

Date 31/12/2020

Click here to download Shenzhen Stock Exchange's market overview 2020.

Shanghai Stock Exchange: Q&A On Revision Of Delisting System

Date 31/12/2020

On December 31, the Shanghai Stock Exchange (SSE) released the Rules of Shanghai Stock Exchange for Listing of Stocks, the Rules of Shanghai Stock Exchange for Stock Listing on the STAR Market, the Measures of the Shanghai Stock Exchange for the Administration of Stock Trading on the Risk Alert Board, and the Implementation Measures of Shanghai Stock Exchange for the Re-listing of Delisted Companies (hereinafter collectively referred to as the “New Delisting Rules”), and the New Delisting Rules have taken effect as from the date of issuance. Regarding the release of the New Delisting Rules, an SSE official in charge of relevant businesses answered related questions.

HKEX: Paperless Initiatives In Participant Services

Date 31/12/2020

To continue developing a sustainable and green environment, the Exchange will implement the following under the paperless initiatives, effective from 1 January 2021:

1. Discontinue issuing or re-issuing any Exchange Participant Certificates (Certificates) to Exchange Participants (EPs).  An EP will no longer be required to display the Certificate at its business address(es).  Registration of an EP on the Register of Exchange Participants shall be proof of EP’s Exchange Participantship.  EPs’ information and a full list of EPs are also available at HKEX’s website (under “Our Products/ Find a Partner/ Search for Participants and Trading Right Holders”). Market participants and the general public will continue to be able to refer to HKEX’ website to ascertain the identity and participantship of EPs; and 
2. Discontinue making available to an EP or other person hard copies of any rule book or rule update.  The rules and procedures of the Exchange and the amendments thereto2 are available on HKEX’s website (under “Our Services/ Rules/ SEHK/ Rule Updates”) for reference.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 31/12/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of December 28, 2020 as indicated in the Weekly Notice. 

Montréal Exchange Interest Rate Derivative Trading Ceases 13:30 Today, December 31, 2020

Date 31/12/2020

Interest rate derivative trading will cease at 1:30 p.m. today, December 31, 2020.

Nadex Refrains from Listing Certain Contracts

Date 31/12/2020

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

• No GBP/JPY, USD/CAD, EUR/USD, or EUR/JPY 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 28, 2020;

• No GBP/JPY or USD/CAD 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 29, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 30, 2020;

• No GBP/JPY 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 31, 2020.

FINRA Announces Interim Progress Of Voluntary 529 Plan Share Class Initiative - $2.7 Million In Restitution To Customers; Two Matters Resolved Through Settlements And 17 Matters Resolved Through Cautionary Actions, Resulting In Remediation To Customers And Correction Of Supervisory Deficiencies

Date 30/12/2020

FINRA today announced initial results of its voluntary self-reporting 529 Plan Share Class Initiative (529 initiative), which include more than $2.7 million in restitution and interest to customers owning approximately 3,900 accounts, arising from settlements with two firms and 17 matters resolved through cautionary action letters. All 19 firms in this initial group agreed to remediate harmed customers and to enhance their supervisory systems and procedures, where appropriate. In January 2019, FINRA launched the initiative through Regulatory Notice 19-04 to promote member firms’ compliance with the rules governing share-class recommendations of 529 savings plans and promptly compensate harmed customers.

SEC: Farewell Statement Of Stephanie Avakian, Director Of The Division Of Enforcement

Date 30/12/2020

On my departure as Director, I would like to publicly recognize the staff of the Enforcement Division - both current and former - for their tremendous contributions on behalf of investors. In that regard, below is a letter I sent to the staff last week.