News Centre

Notice On Adjusting Arrangements For Southbound Trading Days Under Shanghai-Hong Kong Stock Connect During 2020 Spring Festival Holiday

Date 27/01/2020

According to the relevant requirements in the “Announcement on Adjusting Relevant Arrangements for Market Closure During 2020 Spring Festival Holiday” (SSE Announcement [2020] No. 6 Document) and the “Measures of Shanghai Stock Exchange for Implementation of Shanghai-Hong Kong Stock Connect Business”, the arrangements for the southbound trading days under the Shanghai-Hong Kong Stock Connect during the 2020 Spring Festival holiday are adjusted as follows:

1. The southbound trading services will not be available from January 22 (Wednesday) to February 2 (Sunday), and it will be open as usual on February 3 (Monday).

Zhengzhou Commodity Exchange: Notice Of Market Closure Adjustments During 2020 Spring Festival Holiday

Date 27/01/2020

According to China Securities Regulatory Commission (CSRC)’s notice, after consideration, Zhengzhou Commodity Exchange (ZCE) hereby makes adjustments to Ref: No.504 [2019] ZCE, Ref: No.14 [2020] ZCE and Ref: No.15 [2020] ZCE as follows:

The market would be closed from January 24, 2020 to February 2, 2020. The call auction session for all futures and options contracts on February 3 will be carried out from 8:55 am to 9:00 am. Night trading session will be resumed on the night of February 3, 2020.

Duff & Phelps Global Regulatory Outlook: London Loses To New York As Pre-Eminent Financial Hub For Second Year, But Favourable Regulatory Regime Could Help London Bounce Back

Date 27/01/2020

• Only 33% of senior financial professionals see London as the foremost global financial hub, down 20% in two years
• Cost of compliance (21%) and war for talent (23%) are the top two concerns facing firms and senior executives around the world
• However, senior executives rate the UK as having the most favourable regulatory regime for financial services in the world (30%) followed by the U.S. (26%)

HKEX Lunar New Year Market Open Ceremony Cancelled

Date 27/01/2020

Please note that HKEX's ceremony to mark the first trading day of the Lunar New Year, originally scheduled for Wednesday, 29 January at 09:00 am, has been cancelled.

Nigerian Stock Exchange Employees Donate To Women At Risk International Foundation Foundation

Date 27/01/2020

As part of its Employee Give-Back initiative, employees of The Nigerian Stock Exchange (“NSE” or “Exchange”) have donated funds to support the initiatives of the Women at Risk International Foundation (WARIF) in Lagos during the Christmas holidays. The Employee Giveback initiative is one of various employee engagement initiatives instituted to encourage employees to make a positive impact in their communities whilst providing them with hands-on experience and learning opportunities on issues that plague the society.

DGCX To Hold A Special Trading Session On Saturday February 1st On The Occasion Of The Union Budget Of India

Date 26/01/2020

The Dubai Gold & Commodities Exchange (DGCX) is to hold a special trading session on Saturday, February 1st to allow market participants to hedge their risk before, during and after the announcement of the 2020 Union Budget of India.

Statement At Inaugural Meeting Of The Asset Management Advisory Committee, SEC Commissioner Allison Herren Lee, Washington D.C., Jan. 14, 2020

Date 24/01/2020

Thank, you. I’ll be brief so you can all get started with your important work. I second the remarks of my colleagues regarding how important the asset management industry is to American investors. Clients of all types—from retirees and retail investors to large institutions and pension plans—rely heavily on the people in this room and your colleagues to manage their finances, help them save and invest for the future, and exercise independent judgment in voting their shares. I want to thank Director Dalia Blass for helping to establish this Committee, and everyone in this room for your willingness to contribute your time and expertise.

CFTC Commitments Of Traders Reports Update

Date 24/01/2020

The current reports for the week of January 21th, 2020 are now available.

SEC Charges Husband And Wife With Nearly $1 Billion Ponzi Scheme

Date 24/01/2020

The Securities and Exchange Commission today charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits.

BDO Canada Pays $3.5 M For Failing To Comply With Auditing Standards

Date 24/01/2020

A Panel of the Ontario Securities Commission (OSC) has approved a settlement agreement in which BDO Canada LLP (BDO) admitted that it failed to comply with generally accepted auditing standards in the audits of the 2014 and 2015 financial statements of two privately-offered investment funds.