News Centre

Tadawul To Implement A Trade At Last Session Starting From Next Sunday

Date 07/05/2019

The Saudi Stock Exchange (Tadawul) announces implementing the “Trade at Last” session as an additional new session following the closing auction starting from Sunday 12 May 2019. 

Mariana UFP Chooses TORA’s Cloud-based OEMS For Multi-Region Pairs Trading

Date 07/05/2019

TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS), today announced that Mariana UFP, a leading global broker, has selected TORA for pairs trading in London, New York and Melbourne.

UK Financial Conduct Authority Changes Mortgage Advice Rules To Encourage Consumer Choice FCA Changes Mortgage Advice Rules To Encourage Consumer Choice

Date 07/05/2019

The Financial Conduct Authority (FCA) has today published proposals for changes to its mortgage sales requirements which will help to give consumers more choice in how they buy a mortgage.

HKEX Signs MoU With Shanghai Ganglian E-Commerce And Wuxi Stainless Steel Exchange

Date 07/05/2019

Hong Kong Exchanges and Clearing Limited (HKEX) today (Tuesday) is pleased to have signed a Memorandum of Understanding (MOU) with both Shanghai Ganglian E-Commerce; and Wuxi Stainless Steel Exchange, to strengthen communications and cooperation, as well as to promote mutual business development in financial and commodities markets.

World’s First Afro-Asia FinTech Festival To Focus On Sustainable Finance, Transforming Live

Date 07/05/2019

The Central Bank of Kenya (CBK) and the Monetary Authority of Singapore (MAS) today announced the inaugural Afro-Asia FinTech Festival, to be held in Nairobi, Kenya, from 15 to 16 July 2019. Jointly organised by the two central banks, the Festival – the first of its kind globally – will provide a platform for connections, collaborations and exchange of ideas between Africa and Asia. It will also further boost the FinTech ecosystems in the two regions.

With 1,500 ETFs, SIX Ranks Among Top 3 ETF Venues In Europe

Date 07/05/2019

2nd May marked an ETF-record for SIX. SIX has experienced remarkable growth in ETF listings since it first launched the segment in 2000. The Swiss stock exchange’s extensive range of ETFs, offered by a unique mix of large and smaller providers from both Switzerland and abroad, covers a wide spectrum of investment needs.

HKEX Selects Euroclear’s International ETF Structure

Date 07/05/2019

Euroclear Bank, the Brussels based international central securities depository (ICSD), and Hong Kong Exchanges and Clearing Limited (HKEX) have collaborated to enhance the distribution of European ETFs in Asia. HKEX has become the first stock exchange in Asia to adopt the ICSD ETF settlement model in Euroclear Bank.

Tokyo Financial Exchange: Trading Volume In April 2019

Date 07/05/2019

The trading volume of Three-month Euroyen futures was 57,590 ( - 39.9% MoM / - 54.7% YoY ) and its average daily volume was 2,880 . See the TABLE 1 for the composition of the trading volume. 

Mckay Brothers & Quincy Data Deliver Lowest Latency Between The Largest US Stock Exchanges - Quincy Raw Data (QRD) Service Offers Lowest Latency Exchange Market Data - Quincy Protected Data (QPD) Service Is Faster, Cheaper And More Reliable Than Incumbent Services

Date 07/05/2019

McKay Brothers and Quincy Data today announced that they have connected the largest US equity exchanges at the lowest latency. The new services link equity exchanges in Mahwah, Carteret and Secaucus - the New Jersey Equity Triangle. McKay’s network is currently offering two-way market data and private bandwidth services between Mahwah and Carteret as well as Mahwah and Secaucus. The company will have one-way service from Carteret to Secaucus within days and expects two-way service in the third quarter. 

HKEX Monthly Market Highlights

Date 07/05/2019

Highlights

- Securities Market

• Market capitalisation was $34.3 trillion at the end of April 2019, a decrease of 2 per cent from $34.9 trillion at the end of April 2018.
• The average daily turnover in April 2019 was $104.2 billion, a decrease of 4 per cent from $108.4 billion in April 2018.
• The average daily turnover of CBBCs for the first four months of 2019 was $9.6 billion, an increase of 5 per cent when compared with $9.1 billion for the same period last year.
• The average daily turnover of Debt Securities for the first four months of 2019 was $0.3 billion, an increase of 50 per cent when compared with $0.2 billion for the same period last year.
• Funds raised through IPOs for the first four months of 2019 was $32.8 billion, an increase of 31 per cent when compared with $25.0 billion for the same period last year.
• On 8 April 2019, Northbound Trading under Stock Connect hit a new record with turnover of RMB76.3 billion.