News Centre

Singapore Institute Of Banking And Finance’s Career Centre To Help Financial Industry Professionals With Skills Upgrading And Job Matching

Date 01/08/2018

Financial industry professionals can now seek skills upgrading, career advisory and job matching opportunities at the Institute of Banking and Finance’s (IBF) new career centre, IBF Careers Connect. Launched today by Minister for Education Ong Ye Kung, IBF Careers Connect will offer comprehensive support for finance professionals to acquire new skills and take on new jobs as businesses transform. Together with its existing functions such as administering licensing examinations and setting competency standards, IBF will provide a one-stop integrated approach to skills development and jobs for individuals and institutions in the financial industry.

Fixed Income Products Of Shenzhen Stock Exchange Continue To Innovate To Help Accelerate The Development Of Green Industries

Date 01/08/2018

Green economy is becoming a new engine and new fulcrum for China to adjust its industrial structure and incite economic growth. Green bonds have become an important financing instrument to support the rapid and sustainable development of green economy and an important factor in promoting the ecological civilization construction strategy and implementing the green development concept in China. For a long time, SZSE has actively implemented the requirements on national ecological civilization construction, adhered to the concept of green development, and vigorously promoted the pilot and innovation of green fixed income products.

Tokyo Commodity Exchange: Final Settlement Prices Of Cash-Settled Oil Futures July 2018 Contracts

Date 01/08/2018

Final settlement prices for cash-settled oil futures July 2018 contracts are as follows:

(Yen/kl)
Platts cash-settled Dubai Crude Oil    51,220
Cash-settled Barge Gasoline                65,710
Cash-settled Lorry Gasoline                67,940
Platts cash-settled Barge Kerosene    67,340
Platts cash-settled Lorry Kerosene    68,100
Platts cash-settled Barge Gas Oil       68,670
Platts cash-settled Lorry Gas Oil       69,020

Shenzhen Stock Exchange: Firmly Implement The Delisting Decision Spirit and Put The Entity Responsibilities For Delisting In Place

Date 01/08/2018

Recently, CSRC issued the Decision on Amending the Opinions on Reforming, Improving and Strictly Implementing the Delisting System for Listed Companies (hereinafter referred to as the Decision). The Decision further perfects the content on forced delisting due to material violation of law. Specifically, it expands the circumstances of forced delisting to include fraudulent share offering and illegal major information disclosure, as well as the material illegal behaviors in the fields related to state security, public security, ecological safety, production safety and public heath safety. This amplifies the effect scope of delisting system and achieves the full coverage and zero blind spot of delisting for major violation of law, fully expressing the concept and resolution of strict comprehensive law-based supervision. Accordingly, the document has profound significance and influence on further improving the basic market functions, enhancing the vitality of market players, boosting investors' confidence, cultivating a rational value investment culture and forming a market ecology that features survival of the fittest and orderly entry and exit.

US Justice Department Announces Addendum To Swiss Bank Program Category 2 Non-Prosecution Agreement With Bank Lombard Odier & Co. Ltd.

Date 31/07/2018

The Department of Justice announced today that it has signed an Addendum to a non-prosecution agreement with Bank Lombard Odier & Co., Ltd., of Zurich Switzerland.  The original non-prosecution agreement was signed on December 31, 2015. 

CFTC’s Division Of Clearing And Risk Extends No-Action Relief For Shanghai Clearing House

Date 31/07/2018

The Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) today issued a no-action letter extending the relief provided to Shanghai Clearing House (SHCH) in CFTC Letter 16-56, which, as extended by CFTC Letters No. 17-26, 17-62, and 18-04, expires February 28, 2019. The extension will last until the earlier of July 31, 2021 or the date on which the CFTC exempts SHCH from registration as a derivatives clearing organization (DCO).

NN IP SNAPSHOT: US Earnings Season Starts Strongly While Europe’s Stutters

Date 31/07/2018

The US earnings season has started strongly, with 90% of the companies that have reported so far outstripping expectations, NN Investment Partners says.

On-Demand Optical Network Provider AFIBER Deploys Connectivity PoP In Datacenter.com Amsterdam AMS1 Data Center

Date 31/07/2018

Datacenter.com, a channel-focused provider of on-demand colocation services with a ‘high-profile’ brand name and a planned roll-out of colocation data centers in strategic markets worldwide, has added AFIBER to its connectivity portfolio in Datacenter.com Amsterdam AMS1. To accomplish this, AFIBER has deployed a network Point of Presence (PoP) in the Datacenter.com Amsterdam AMS1 data center. AFIBER’s software-defined, on-demand networking proposition is the perfect fit for Datacenter.com’s own on-demand colocation proposition with month-to-month contracts.

Fiserv Reports Second Quarter 2018 Results

Date 31/07/2018

• GAAP revenue growth of 2 percent in the quarter and 3 percent year to date;
• GAAP EPS increase of 18 percent in the quarter and 49 percent year to date;
• Internal revenue growth of 6 percent in the quarter and 5 percent year to date;
• Adjusted EPS increase of 32 percent in the quarter and 27 percent year to date;
• Full year 2018 guidance affirmed 

S&P Dow Jones Indices Europe Dashboard

Date 31/07/2018

• European equities posted steady gains in July as last month’s focus on trade tensions and political risk largely gave way to earnings figures, economic data, and central bank guidance. The S&P Europe 350® gained, with nearly all countries contributing positively to returns. 
• Every S&P Europe 350 sector rose this month as Health Care topped the charts. As was the case in most regions, Telecoms performed well. 
• Risk Control offered the highest return among S&P Europe 350 equity strategies this month. Enhanced Value took second place, while Momentum – which has faltered elsewhere – continued to beat the benchmark in Europe.