News Centre

Intercontinental Exchange Announces October 1 Launch of ICE One And Three Month SOFR Futures

Date 01/08/2018

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that subject to relevant regulatory approvals, ICE Futures Europe plans to launch one month and three month, cash-settled futures contracts based on the Secured Overnight Financing Rate (SOFR) on October 1, 2018.

Shenzhen Corporate Listing Cultivation Meeting Held At Shenzhen Stock Exchange And Shenzhen Municipaility Signed A Strategic Cooperation Agreement With SZSE

Date 01/08/2018

On July 31, the Shenzhen Copreate Listing Cultivation Meeting hosted by the Shenzhen Municipal People's Government was held at SZSE. Wang Weizhong, Secretary of CPC Shenzhen Municipal Committee, Wu Lijun, Chairman of SZSE and Wang Jianjun, President & CEO of SZSE, attended the meeting. The participants include Chen Rugui, Mayor of Shenzhen, presided over the meeting. Gao Zimin, Secretary General of CPC Shenzhen Municipal Committee, Ai Xuefeng, Deputy Mayor of Shenzhen, Wang Lixin, Deputy Mayor of Shenzhen, as well as members from the Shenzhen Coproate Listing Cultivation Committee and more than 500 principals from Shenzhen local companies planned to be listed, market institutions, research institutes, business incubators and other units. The meeting is an important measure to implement the Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th CPC National Congress and to promote the implementation of the fundamental task that let finance serve the real economy. Besides, the meeting is significant to give full play to the function of the multi-tiered capital market, support the development of listed companies' financing, underpin the transformation and upgrade of local economies and help Shenzhen take over the initiative in the quality development strategy.

Showcase The History Of The Capital Market And Promote Financial Innovation Culture - Inauguration Of Shenzhen Stock Exchange Financial Museum

Date 01/08/2018

On July 31, SZSEs Financial Museum and Shenzhen Financial Innovation Cultural Base were officially opened. Wang Weizhong, Secretary of CPC Shenzhen Municipal Committee, Chen Rugui, Mayor of Shenzhen, Wu Lijun, Chairman of SZSE and Wang Jianjun, President & CEO of SZSE jointly unveiled the Museum and the Base. Gao Zimin, Secretary General of CPC Shenzhen Municipal Committee, Ai Xuefeng, Deputy Mayor of Shenzhen, and Wang Lixin, Deputy Mayor of Shenzhen attended the inauguration ceremony. Relevant responsible comrades from Shenzhen municipality and SZSE participated in the activities.

LME Consults On Key Rule Changes To Progress Strategic Delivery Programme

Date 01/08/2018

• LME proposes new dynamic contract rules to facilitate the launch of multiple new cash-settled futures
• LMEprecious options added to precious metals product suite
• Period of market engagement announced regarding 2019 electronic closing price trial
• New rules to allow for the incorporation of Registered Intermediating Brokers (RIBs) into the LME membership

EEX Conducts Milestone In Emissions Trading: 1,500th Auction Executed

Date 01/08/2018

Today, the European Energy Exchange (EEX) has successfully conducted its 1,500thprimary market auction for emission allowances. The auction which was held on behalf of Poland comprised a volume of 1,773,500 EUA and cleared at a price of 17.38 €/EUA. In total, 26 bidders took part in the auction.

The UAE’s Securities And Commodities Authority Board Of Directors Approves The Regulatory Controls For Fintech

Date 01/08/2018

• In a meeting chaired by H.E. Sultan Al-Mansoori,
• The SCA Board of Directors approves the Regulatory Controls for Fintech
• The Board issued a directive to regulate the ICOs to be recognized as Securities]
• Responding to the requests to amend the Regulations as to Brokerage for the reduction of the banking guarantee from the Trading and Clearing Member#Approving the Pilot Launch of the qualification project to prepare the UAE students of the Colleges of Technology for employment in the Financial Markets

Singapore To Undergo IMF’s Financial Sector Assessment Programme

Date 01/08/2018

The Monetary Authority of Singapore (MAS) announced today that Singapore will undergo the International Monetary Fund (IMF)’s Financial Sector Assessment Programme (FSAP) this year. The FSAP will assess the resilience of Singapore’s financial sector, the quality of MAS’ regulatory framework and supervision, and capacity of authorities to manage and resolve financial crises. This will be Singapore’s third FSAP assessment.

UK’s Financial Conduct Authority Consults On Rules And Guidance To Improve Conduct And Communications In Payment Services And e-Money Firms

Date 01/08/2018

The Financial Conduct Authority (FCA) is consulting on rules and guidance to improve conduct standards and communications in the payment services and e-money sectors.

DGCX Records Highest Average Open Interest, Surpassing 300,000 Contracts for July

Date 01/08/2018

Building on a record-breaking first half of the year, the Dubai Gold and Commodities Exchange (DGCX) has begun H2 strongly, recording an Average Open Interest (AOI) of 323,477 contracts in July, bringing the AOI for 2018 to an all time high of 304,398 contracts, up 29% from 2017. The overall volumes for the month touched 1,894,155 contracts with a value of USD 38.49 billion, a year-on-year (Y-O-Y) increase of 36%.

Bursa Malaysia Securities Reprimands, Fines And Orders To Strike Off Chan Ling Ern For Misconducts And Violation Of Rules

Date 01/08/2018

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM20,000 and ordered to strike off Chan Ling Ern (CLE) from the Register if she was still a Registered Person of Bursa Securities for misconducts/breaches relating to personal/unauthorised trades in the account of a client (Client A) and misapplication of Client A’s monies.