News Centre

Tadawul Publishes Drafts Of The Amended Listing Rules For Public Consultation

Date 08/06/2020

The Saudi Stock Exchange (Tadawul) is keen to involve all concerned and interested parties to participate and share their observations on the regulatory frameworks for its markets. This been said, Tadawul announces publishing the drafts of The Amended Listing Rules for public consultation, which can be viewed through the following link:

• The Amended Listing Rules (click here)

Shanghai Stock Exchange Further Improves First-day Trading Mechanism for Re-listing Of Delisted Stocks

Date 08/06/2020

In order to further improve the trading system, the Shanghai Stock Exchange (SSE) has revised and issued the "SSE Administrative Measures for Trading of Stocks on Risk Alert Board" (the "Administrative Measures" for short), which shall take effect upon issuance. This revision focuses on improving the measures for the intraday temporary trading suspension and the limit to the quoted price for the previously delisted stocks on their first day of relisting. As major changes may take place in the fundamentals of the previously delisted company, coupled with no price limit on the first day of re-listing, the re-listed stocks are likely to see the share prices fluctuate significantly on the first trading day. The revision aims to reduce trading barriers and unnecessary interventions, enhance market liquidity, and ensure adequate trading of the re-listed stocks. The adjusted measures follow the practice of the SSE STAR Market, namely no price limit for the first 5 trading days since the listing of the stock. Specific adjustments are as follows:

Monetary Authority Of Singapore ' Response To Queries On Fund Flows

Date 08/06/2020

The Monetary Authority of Singapore (MAS) said today that media reports suggesting that there were large flows of deposits from Hong Kong to Singapore were incorrect. While foreign currency deposits in Singapore have grown substantially since the beginning of this year, the order of magnitude is much less than cited in some media reports. The growth in foreign currency deposits has come from diverse sources and for varied reasons.

FintechHK Perspective: Hong Kong Offers Huge Opportunities For Fintech Businesses To Scale Up - InvestHK Organized A Series Of FintechHK Webinar, Offering Fresh Perspectives On Recent Trending Fintech Topics In Hong Kong And Asia

Date 08/06/2020

InvestHK is delighted to announce that a series of UK Fintech webinar curated by InvestHK, regulators and stakeholders was successfully held during the UK Fintech Week 2020. The four webinars featured experienced veterans and professionals in the field, offering insightful discussions around topics from digital assets, regulatory landscape in an international and local perspective, to fintech businesses adapting to times of crisis.

DIFC Position As The Region’s Reinsurance Sector Hub Reconfirmed

Date 07/06/2020

• Gross Written Premiums for the reinsurance sector in DIFC reached nearly $2 billion in 2019, representing annual growth of 17.4% - further reinforcing DIFC’s position as the region’s leading reinsurance hub
• Gross Written Premiums (GWP) for Q1 2020 reached $472 million, on par with Q1 2019 figures, reflecting continued industry stability and resilience
• DIFC is home to three of top five world-leading insurance companies globally and an expanding InsurTech market driving future insurance sector requirements

Tehran Stock Exchange Weekly Market Review 30 May 2020 To 3 June 2020

Date 06/06/2020

Click here to download Tehran Stock Exchange's weekly market review

Nadex Temporarily Amends Binary Contracts Strike Width

Date 05/06/2020

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 June 1, 2020 as indicated in the Weekly Notice. 

More Retail Investors Active On MOEX Markets During Lockdown

Date 05/06/2020

Moscow Exchange conducted a survey of retail investor behaviour on MOEX’s Equities Market during the lockdown period in spring 2020.

CFTC Commitments Of Traders Update

Date 05/06/2020

he current reports for the week of June 02, 2020 are now available.

IMF Executive Board Approves A US$50 Million Disbursement To Liberia To Address The COVID-19 Pandemic

Date 05/06/2020

• The IMF approved the disbursement of US$50 million (1.7 percent of GDP) under the Rapid Credit Facility to support the authorities’ response to the COVID-19 pandemic.
• The economic impact of the pandemic is hitting the poorest with little social safety net, and food security of those relying on uncertain daily income is a pressing concern.
• The authorities have responded by taking revenue and expenditure measures to support emergency food aid for the poor; improving monitoring and control of spending; and safeguarding scarce foreign exchange reserves.