News Centre

Stable Launches A Commodity Price Risk Management Platform And Seals $6m Seed Funding Round - Stable’s Fintech Platform Democratises Price Risk Management For Commodity Sellers And Buyers In The $3.35trn Agri-Food Sector

Date 06/03/2019

Stable, the venture backed fintech that is rapidly disrupting the commodity price risk management (CPRM) industry, today announces the launch of its risk management platform. The new platform is initially focused on food and farming businesses in over 15 countries around the world. Stable has raised $6m in seed funding from Anthemis, Syngenta Ventures, Baloise and Ascot Underwriting.

Dalian Commodity Exchange: Corn Options Shows Great Development Potential

Date 06/03/2019

The corn options was listed for trading on Dalian Commodity Exchange (DCE) on January 28. Over the past one month, the corn options has presented rational and smooth market operation, effective and reasonable pricing, active participation of institutional clients and steady increase in open interests , demonstrating its great market liquidity and development potential. Market participants generally believed that there will be huge development space for the corn options due to its solid industry basis.

Amman Stock Exchange: Classifying The Listed Companies According To Islamic Sharia

Date 06/03/2019

The Amman Stock Exchange (ASE) CEO, Mr. Nader Azar stated that the ASE has formed a Sharia Advisory Committee of elite specialists in Sharia sciences and Islamic finance for drafting Sharia and Accounting Standards to classify the listed companies at the ASE according to their compliance with Islamic Sharia, where the committee drafted the aforementioned standards after reviewing the decisions of the Board of Iftaa, Research and Islamic Studies in Jordan, the General Iftaa Department's Fatwa,  the International Islamic Fiqh Academy, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standard number 21 regarding to "securities: shares and bonds", Sharia Supervisory Boards' decisions, Dow Jones Islamic Market Index and the international practices, therefore the committee presented the standards on the High Council to be approved.

Securities Commission Malaysia Seeks Public Feedback On Proposed Initial Coin Offering And Property Crowdfunding Framework

Date 06/03/2019

The Securities Commission Malaysia (SC) today published two consultation papers to seek public feedback on the framework for Initial Coin Offering (ICO) and property crowdfunding.

Luxembourg Stock Exchange Wins Green Bond Pioneer Award From Climate Bonds Initiative

Date 06/03/2019

• Climate Bonds Initiative (CBI) recognises Luxembourg Stock Exchange’s efforts in promoting sustainable finance
• The Luxembourg Stock Exchange (LuxSE), with its sustainability-focused Luxembourg Green Exchange (LGX), wins in the Green Bond Listing Venue category
• The CBI awards recognise global leadership in green bond issuance and green finance development

Financial Conduct Authority Welcomes Independent Review Into Access To Cash

Date 06/03/2019

The Financial Conduct Authority (FCA) has welcomed today’s independent review into access to cash.

ACER Extends Period For Agreeing On A Common Method For Scheduled Exchanges In Single Intraday Coupling

Date 06/03/2019

The Agency has adopted a Decision - at the request of all National Regulatory Authorities (NRAs) for energy - to extend the period for reaching an agreement on the amended proposal presented by Transmission System Operators (TSOs) for a common methodology for calculating scheduled exchanges resulting from single intraday coupling.

UK Financial Conduct Authority Action Delivers £80 Million Savings In Fees For Credit Card Customers

Date 06/03/2019

In recent years, the FCA has focused on reducing the risk of harm that flows from customers being in debt that they cannot afford to repay. Some key areas of work have included:

• Targeted supervisory work to mitigate the risks from poor culture and practice in firms and to ensure that firms only lend to customers who can afford it.
• Implementation of rules and guidance for credit card firms to ensure that they address the situation of customers that have been trapped in persistent credit card debt they cannot afford to repay.

SET Market Report For February 2019

Date 06/03/2019

The Stock Exchange of Thailand (SET) Index at the end of February rosed 5.7 percent from end-2018 to 1,653.48 points, in tandem with other Asian bourses. The average daily trading value of SET and Market for Alternative Investment (mai) in February amounted to THB 46.77 billion (approx. USD 1.46 billion), down 3.7 percent from the previous month. Local institutional investors and proprietary traders were net buyers in February.

HKEX Monthly Market Highlights

Date 06/03/2019

Highlights

Securities Market

• Market capitalisation was $33 trillion at the end of February 2019, an increase of 3 per cent from $32 trillion at the end of January 2019, and a decrease of 6 per cent from $35 trillion at the end of February 2018.
• The average daily turnover in February 2019 was $105.7 billion, an increase of 20 per cent when compared with $88.4 billion in January 2019, and a decrease of 27 per cent from $144.8 billion in February 2018.
• The average daily turnover of derivative warrants in February 2019 was $17.0 billion, an increase of 7 per cent when compared with $15.9 billion in January 2019.
• The average daily turnover of ETFs in February 2019 was $4.8 billion, an increase of 71 per cent when compared with $2.8 billion in January 2019.
• Funds raised through IPOs for February 2019 was $6.3 billion, an increase of 50 per cent when compared with $4.2 billion in January 2019.
• On 26 February 2019, Northbound Trading under Stock Connect hit a new record with turnover of RMB67.9 billion.