News Centre

Hong Kong’s Securities And Futures Commission Publishes Guidance On Enhanced Disclosures For Green Or ESG Funds

Date 11/04/2019

The Securities and Futures Commission (SFC) today issued a circular to provide guidance to management companies of SFC-authorised unit trusts and mutual funds on enhanced disclosures for SFC-authorised green or environmental, social and governance (ESG) funds.  

ETFGI Reports Assets Invested In The European ETF And ETP Industry Reached A New Record US$859.51 Billion At The End Of March 2019

Date 11/04/2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in Europe gathered net inflows of US$6.10 billion in March, bringing year-to-date net inflows to US$31.59 billion, more than the US$27.27 Bn gathered at this point last year. Assets invested in the European ETF/ETP industry finished the month up 1.09%, from US$850.28 billion at the end of February, to US$859.51 billion, according to ETFGI's March 2019 European ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Comment By Nigel Driffield, Professor, International Business, Warwick Business School: Cliff Edge Avoided But Delayed Brexit Offers Businesses No Certainty To Invest

Date 11/04/2019

Nigel Driffield, Professor of International Business at Warwick Business School, said: “In the short term the decision to delay Brexit means businesses can carry on trading, the cliff edge has been avoided."

Moscow Exchange: Interest Rate Risk Parameters Change On Securities Market

Date 11/04/2019

From the 15th of April 2019 CCP NCC sets the following risk parameters on Securities market:

• Minimal upward and downward interest rate risk rates;
• Ratio of Repo Rate Band to Interest Rate Assessment Range (x_IR).  

EU Leaders Agree To Delay Brexit Until 31 October

Date 11/04/2019

At the special summit on 10 April EU leaders agreed an extension of Article 50 until the end of October 2019. If the withdrawal agreement is ratified by both sides earlier, the UK will leave on the first day of the following month, leaders said. The decision was taken in agreement with the UK.

Erik Müller Joins ISDA Board Of Directors

Date 11/04/2019

Three new directors join the board of the International Swaps and Derivatives Association (ISDA), among them Erik Tim Müller, CEO of Eurex Clearing.  “ISDA works hard on making the global derivatives markets safer and more efficient. I am looking forward to contributing to this important work”, says Müller.

Cause And Effect - When A Successful Listing Takes Place On SIX, The Impact Is Felt Far Beyond The Swiss Stock Exchange

Date 11/04/2019

SIX welcomed Alcon, another leading company from the life sciences sector, on 9 April 2019. The global eye care giant is already the second new company to join the Swiss stock exchange this year – and certainly not the last one. Most noteworthy is the size of this spin-off from Novartis AG: the opening price of CHF 55.00 means the total market capitalization of the newly listed Alcon AG reached CHF 26.9 billion.

ACER Adopts Decision On Gas Interconnection Between Hungary And Austria

Date 11/04/2019

ACER publishes today its Decision on the incremental capacity project proposal for the Mosonmagyaróvár gas interconnection point - the “HUAT project”- between Hungary and Austria, which was adopted on 9 April after receiving the favourable opinion of the ACER Board of Regulators.

Remarks By President Donald Tusk After The Special Meeting Of The European Council (Art. 50) On 10 April 2019

Date 11/04/2019

Tonight the European Council decided to grant the United Kingdom a flexible extension of the Article 50 period until the 31st of October. This means an additional 6 months for the UK. During this time, the course of action will be entirely in the UK's hands. It can still ratify the Withdrawal Agreement, in which case the extension will be terminated. It can also reconsider the whole Brexit strategy. That might lead to changes in the Political Declaration, but not in the Withdrawal Agreement. Until the end of this period, the UK will also have the possibility to revoke Article 50 and cancel Brexit altogether.

Oslo Børs VPS: Nasdaq Announces Purchases Of Shares In Oslo Børs VPS

Date 11/04/2019

Nasdaq, Inc. announced today that it has purchased 844,071 shares in Oslo Børs VPS. As a result of the purchases, which were made at NOK 158 per share, over 37 per cent of Oslo Børs VPS shares are owned by Nasdaq or are subject to pre-commitments to accept the Offer.