News Centre

Moscow Exchange: Risk Parameters Change For The Securities

Date 26/10/2020

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

BCS Global Markets Lands New COO For Its Investment Bank

Date 26/10/2020

BCS Global Markets (“BCS”), the investment services division of Russia’s largest independent broker, has appointed the former Sberbank Head of IT and Operations as the new Chief Operations Officer for its Investment Banking (“IB”) business.

Shenzhen Stock Exchange And China SME Development Fund Deepen Strategic Cooperation To Jointly Improve The Breadth And Depth Of Services For SMEs

Date 26/10/2020

On October 23, SZSE and China SME Development Fund Co., Ltd. (“China SME Development Fund”) signed a framework agreement on strategic cooperation. The two parties had in-depth discussions on implementing the national innovation-driven development strategy, boosting the development of innovative technology companies, private companies and growth enterprises, and giving better play to the role of the capital market in serving the real economy. SZSE Chairman Wang Jianjun, SZSE General Manger Sha Yan, Chairman of China SME Development Fund Ma Xianghui and others attended relevant activities.

Deutsche Börse Cash Market: flatex AG New In Prime Standard

Date 26/10/2020

flatex AG (ISIN: DE000FTG1111) has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since today. The company with headquarters in Frankfurt was previously listed in the Scale segment. 

Shenzhen Stock Exchange Strictly Monitors Trading Of Convertible Bonds And Warns Investors About Trading Risk

Date 26/10/2020

The convertible bond market was active recently, with drastic price fluctuations. The trading prices of some convertible bonds seriously deviated from their companies’ stock prices. By the close of trading on October 23, four convertible bonds on SZSE recorded a conversion premium of over 150%, among which, Henghe Convertible Bond (123013) had the highest conversion premium, 236.80%. Because convertible bonds have debt, equity and convertible features at the same time, holders can convert bonds into common stocks according to the price and time agreed upon the issuance of convertible bonds. There is a positive correlation between the trading prices of convertible bonds and company stock prices. When there is a substantial deviation in the prices, there will be a big valuation risk for the convertible bonds. Investors should be on high alert and invest with rationality.

Bitfinex Derivatives To Launch Silver (XAGF0:USTF0) Perpetual Swap

Date 26/10/2020

Bitfinex Derivatives* offers a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform. Bitfinex Derivatives has today announced the launch of a perpetual contract for Silver (XAGF0:USTF0).

Tadawul Announces Enhancements To Negotiated Deals And Fluctuation Limits Mechanism For Newly Listed Securities On The Main Market And All Listed Securities On Nomu-Parallel Market On An Ongoing Basis

Date 26/10/2020

The Saudi Stock Exchange (Tadawul) today announces enhancements to the requirements governing Negotiated Deals and the Fluctuation Limits mechanism effective from 8 November 2020 on the Main Market and Nomu-Parallel Market. The enhancements to the Fluctuation Limits will be applied only on the first three days of trading newly listed security in the Main Market and on an ongoing basis for all listed securities in Nomu-Parallel Market.

ESMA Sets Out Final Position On Share Trading Obligation

Date 26/10/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has released a public statement that clarifies the application of the European Union’s (EU) trading obligation for shares (STO) following the end of the UK’s transition from the EU on 31 December 2020.

Shenzhen Stock Exchange Releases Lists Of Regulation And Service Items To Optimize Regulation, Promote Services And Clarify Expectations

Date 26/10/2020

SZSE recently formulated the List of Self-discipline Regulation Items and the List of Market Service Items and released them to the public. It is another important measure of SZSE to conscientiously carry out the requirements of the new Securities Law, deepen reforms to streamline administration and delegate power, improve regulation, and upgrade services, and improve transparency of regulation and services.

Juniper Research Forecasts Digital Identity Apps In Use To Exceed 6.2 Billion By 2025, As Civic Apps Drive Adoption

Date 26/10/2020

A new study from Juniper Research has found that the number of digital identity apps in use will exceed 6.2 billion in 2025, from just over 1 billion in 2020. The research found that civic identity apps, where government-issued identities are held in an app, will account for almost 90% of digital identity apps installed globally in 2025; driven by the increasing use of civic identity in emerging markets and the lasting impact of the pandemic.