News Centre

QSE Announces The Kick-Off Of Qatar Stock Exchange Financial Education Competition – 2nd Edition

Date 21/01/2020

Qatar Stock Exchange announces the closing of registration for its second annual Financial Education Competition for Universities, whose final ceremony will be held and its prizes will be presented on March 17, 2020.QSE is happy and proud to announce the participation of eight students’ teams from seven universities/colleges arranged according to registration dates as follows:

Hong Kong Securities And Futures Commission Issues Restriction Notice To A Broker To Freeze Client Accounts Linked To Suspected Market Manipulation

Date 21/01/2020

The Securities and Futures Commission (SFC) has issued a restriction notice to China Fund Securities Limited (CFSL), prohibiting it from dealing with or processing $170 million worth of assets held in six client accounts, which are related to suspected market manipulation in the shares of Hon Corporation Limited between November 2019 and early December 2019.

Central Bank Group To Assess Potential Cases For Central Bank Digital Currencies

Date 21/01/2020

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences as they assess the potential cases for central bank digital currency (CBDC) in their home jurisdictions.

Businesses Urged To Prepare Now For $4 Trillion Global Carbon Tax Bill To Tackle Climate Crisis

Date 21/01/2020

• Global economy faces $4 trillion tax gap if carbon taxes raised in line with IMF proposals to tackle climate crisis
• Up to 13% of revenues to be hit for companies with greatest exposure
• Refinitiv analysis of 3,000 publicly listed entities

BETTER FINANCE: European Proposal For Financial Transaction Tax (FTT) Disproportionately Targets EU Citizens Rather Than Financial Institutions

Date 21/01/2020

Back in 2013, BETTER FINANCE clearly expressed its support for a European Financial Transaction Tax (FTT) and its main stated objective “[of ensuring] that financial institutions make a fair and substantial contribution to covering the costs of the recent crisis… and to ring-fence the real economy, SMEs, households, etc.”.

Red Deer And Cappitech Partner To Offer A Complete Solution For MiFID II Reporting, Best-Execution Monitoring And MAR Compliance

Date 21/01/2020

Red Deer, the financial technology company dedicated to enhancing the performance of active investment managers, and Cappitech, a leading provider of regulatory reporting and intelligence solutions for the financial services industry, today announced a partnership to deliver a combined MiFID II and MAR compliance solution for investment managers.

Mirae Carries Out Second Engagement With Solactive, Releasing Three Additional Thematic ETFs Tracking The Development Of The Chinese Market

Date 21/01/2020

Despite increasing international uncertainties, China retained solid growth in 2019. According to the National Bureau of Statistics in China, the country is set to reach its economic growth target of 6% to 6.5% in 2019. With an expanding purchasing power throughout a growing middle class, Chinese companies are coming off as one of the winners of interlinking markets and increasing globalization. To allow investors to benefit from this development, Mirae Asset launches three distinct thematic ETFs tracking companies active in the provision of Clean Energy, the development of Electric Vehicles, and engaged in offering Consumer-Oriented goods and services, respectively.

Broadridge Extends Regulatory Communications Capability For Global Funds, Enters Agreement To Acquire FundsLibrary - Acquisition To Help Asset Managers Meet UK And EU Regulatory Requirements

Date 21/01/2020

Broadridge Financial Solutions, Inc. (NYSE:BR) and FundsLibrary Limited announce that Broadridge has entered into an agreement to acquire FundsLibrary, a leader in fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown. Combining FundsLibrary’s capabilities with Broadridge’s existing regulatory communications offerings will enable Broadridge to significantly reduce complexity and cost for global fund managers, helping them to increase distribution opportunities and meet their regulatory requirements across multiple jurisdictions.

CME Group Achieves Record International Average Daily Volume Of 4.8 Million Contracts In 2019, Up 10 Percent From 2018

Date 21/01/2020

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it achieved record international average daily volume (ADV) of 4.8 million contracts in 2019, up 10 percent from 2018.  This record, reflecting all trading done outside North America, was driven largely by growth in Equity and Interest Rate products, up 17 percent and 15 percent respectively. 

Moscow Exchange: Final Settlement Price Of Light Sweet Crude Oil Futures (CL-1.20)

Date 21/01/2020

On 21 January 2020, the final settlement price was determined for the Light Sweet Crude Oil Futures (CL-1.20):