News Centre

Al Ramz Expands Leading Role As Market Maker In Nasdaq Dubai Equity Futures

Date 31/03/2020

• Al Ramz Capital LLC will be market making all listed futures on Nasdaq Dubai
• Resulting support for liquidity facilitates trading in UAE and Saudi contracts.

Circular Of Shanghai International Energy Exchange On Trading Adjustments For Qingming Festival 2020

Date 31/03/2020

Shanghai International Energy Exchange (hereinafter referred to as “INE”), the subsidiary of Shanghai Futures Exchange has released its Circular on Trading Adjustments for Qingming Festival 2020 on March 30, 2020 as follows:

1. The market will be closed from 3:00 p.m. of April 3, 2020 to April 6, 2020. The market will resume trading on April 7, 2020 with the central auction session from 8:55 a.m. to 9:00 a.m.
2. As from the first trading day without the Limit-locked market from April 2, 2020, INE will adjust the trading margin rates and the price limits for the contracts listed below since the daily clearing process begins: The trading margin rate of crude oil futures contracts will be 13% of the contract value and the price limit will be ±12% from the settlement price of that day. The trading margin rate of TSR 20 Futures Contracts will be 13% of the contract value and the price limit will be ±11% from the settlement price of that day. In the case that the above adjusted trading margin rate and price limit vary from the current ones, the higher ones will prevail.
3. The market will resume trading on April 7, 2020. As from the first trading day without the Limit-locked market, INE will adjust the trading margin rates and the price limits for the contracts listed below since the daily clearing process begins: The trading margin rate of crude oil futures contracts will return to 11% of the contract value and the price limit will return to ±10% from the settlement price of that day. The trading margin rate of TSR 20 Futures Contracts will return to 11% of the contract value and the price limit will return to ±9% from the settlement price of that day.

Hong Kong Securities And Futures Commission Sanctions China Rise Securities Asset Management Company Limited’s Former Responsible Officers

Date 31/03/2020

The Securities and Futures Commission (SFC) has banned Mr Sammy Shiu Kin Keung, former chief executive officer and responsible officer (RO) of China Rise Securities Asset Management Company Limited (China Rise), from re-entering the industry for 28 months from 30 March 2020 to 29 July 2022.

Results Of NZX Limited 2020 Annual Shareholders’ Meeting

Date 31/03/2020

At NZX Limited’s shareholder meeting, held online today, shareholders were asked to vote on 4 resolutions, which were supported by the Board.

Japan Exchange Group 3rd Medium-Term Management Plan Update For FY2020

Date 31/03/2020

While maintaining the overall framework of the 3rd Medium –Term Management Plan, we will:

• Review concrete measures, flexibly managing costs in response to changes in the environment and the progress of the plan. As part of this, actively develop ways to further diversify the revenue stream, such as by invigorating the comprehensive exchange and creating new data services. 
• As ESG becomes an important topic around the world, further strengthen measures to promote sustainability by encouraging the spread of ESG investment and ESG disclosure, as well as improving JPX’s ESG disclosure and ESG ratings as a company.

Bursa Malaysia Successfully Implements ISO 20022 Messaging Standards For Corporate Announcements

Date 31/03/2020

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has successfully implemented ISO 20022 messaging standards for corporate announcements by Public Listed Companies (“PLCs”). Joining other exchanges around the world such as the Australian Securities Exchange, Singapore Exchange, Indonesia Stock Exchange and Tokyo Stock Exchange, the ISO 20022 message is an international standard accepted and adopted around the world.

JPX/TSE Publish "Practical Handbook For ESG Disclosure"

Date 31/03/2020

Japan Exchange Group, Inc. (JPX) and Tokyo Stock Exchange, Inc. (TSE) have today published a "Practical Handbook for ESG Disclosure".

ACRA, MAS And SGX RegCo Update Guidance On General Meetings

Date 31/03/2020

The Accounting and Corporate Regulatory Authority (ACRA), the Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have updated the guidance for issuers on safe distancing measures when conducting general meetings.

Zhengzhou Commodity Exchange: Notice On Adjustments To Margins And Price Limits Of Some Products During 2020 Qingming Festival

Date 31/03/2020

According to Article 9 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:

Stressing The Responsibilities Of Intermediaries In Sustaining A Favorable Ecosystem Of Bond Market On Shenzhen Stock Exchange

Date 31/03/2020

In order to implement the requirements of “the four awes (stand in awe of the market, rule of law, professionalism and risks) and one joint force (The capital market’s development needs all the efforts made by all sides)” of the CSRC, SZSE issued Q&As on Relevant Self-discipline Measures on “Brought into Regulation upon Application” in October 2019, to clarify the specific circumstances where securities companies may trigger measures such as “inspection/self-inspection measures” or “suspension of acceptance or handling of related business” due to their past practices in corporate bond business.