News Centre

ASIC: New Regime For Corporate Whistleblower Protections Commences Today

Date 01/07/2019

From today, whistleblowers who report misconduct about companies and company officers can access stronger rights and protections in the Corporations Act 200

Abu Dhabi Securities Exchange (ADX) Reduces Its Trading Commission Fees By 50% Up To 90%

Date 01/07/2019

Abu Dhabi Securities Exchange (ADX) announced today that it is reducing its trading commission fees starting 1st of July 2019 thus making ADX among the MENA region’s least expensive stock markets with regards to trading commissions. This initiative is designed to reduce costs on investors, build confidence, increase liquidity, as well as attract more investors into the Exchange.

Bank For International Settlements Setting Up Innovation Hub Centre In Singapore

Date 01/07/2019

The Monetary Authority of Singapore (MAS) welcomes the announcement by the Bank for International Settlements (BIS) to establish an Innovation Hub Centre in Singapore. The Hub Centre in Singapore, along with Hub Centres in Basel and Hong Kong, is a key pillar in a new BIS Innovation Hub initiative  to foster collaboration within the central banking community on FinTech issues.

Dalian Commodity Exchange To Adopt New System Of Rules From July 1

Date 01/07/2019

It is learnt that Dalian Commodity Exchange (DCE) will adopt the new system of rules with the structure of "general rules for trading - detailed rules for specific futures products" on July 1, 2019.

Dalian Commodity Exchange To Roll Out Styrene & Polished Round-Grained Rice Futures, Research On LPG Futures

Date 01/07/2019

The China Plastics Industry Conference 2019, co-sponsored by Dalian Commodity Exchange (DCE) and China Petroleum and Chemical Industry Federation (CPCIF), is held in Hangzhou on June 26. DCE CEO Wang Fenghai says in his speech that DCE will attach importance to the need of serving the high-quality development of the petrochemical industry, boost the financial supply-side structural reform, further enrich the instrument system of chemical products, enhance the opening-up level and the market operation quality, and provide petrochemical enterprises with more and better services.

Tokyo Commodity Exchange: Final Settlement Prices Of Cash-Settled Oil Futures June 2019 Contracts

Date 01/07/2019

Final settlement prices for cash-settled oil futures June 2019 contracts are as follows:

(Yen/kl)
Platts cash-settled Dubai Crude Oil    42,000
Cash-settled Barge Gasoline                60,580
Cash-settled Lorry Gasoline                59,100
Platts cash-settled Barge Kerosene    55,570
Platts cash-settled Lorry Kerosene    59,150
Platts cash-settled Barge Gas Oil       61,910
Platts cash-settled Lorry Gas Oil       61,080

NZX Benefits From Updated Market Structure & Rule Set Now In Place

Date 30/06/2019

Changes supporting NZX’s commitment to create a market structure and rule set that promotes market development, and assists in the listing of a broader range of financial products, officially came into effect today, following a six month transition period. 

Corrected: DGCX Sees Gold Futures Trading Surge As Investors Flock To Safe-Haven Assets

Date 30/06/2019

The Dubai Gold & Commodities Exchange (DGCX) saw a surge in trading on its flagship Gold Futures product last month, as increasing geopolitical tensions across the globe drove investors towards safe-haven assets. The product recorded month-on-month (M-O-M) average daily volume growth (ADV) of 507.4%, and year-on-year ADV growth of 225.5%, while also registering M-O-M Average Open Interest (AOI) growth of 90.7%.

The Saudi Stock Exchange (Tadawul) Announces The 2nd Quarter 2019 Indices Maintenance

Date 30/06/2019

The Saudi Stock Exchange (Tadawul) announces that the following company and REIT Fund have been included to Tadawul All Share Index (TASI), and Industry Group indices as mentioned below:

1. Alkhabeer REIT Fund  (REITs).
2. Arabian Centres Co. (Real Estate Mgmt & Dev't).

Dubai Financial Services Authority Signs MoU With Smart Dubai

Date 30/06/2019

The Dubai Financial Services Authority (DFSA) signed a Memorandum of Understanding (MoU) with Smart Dubai to collaborate on organisation-wide smart transformation initiatives spearheaded by Smart Dubai.