News Centre

DGCX Shari’ah Compliant Spot Gold Sees World-Record Volumes On The First Day Of Trading

Date 31/03/2018

The GCC’s first and the world’s only Shari’ah Compliant Spot Gold contract (DGSG), was listed on the DGCX on March 29th. The contract opened with world-record Exchange traded Shari’ah Compliant Gold volumes on the first day of trading. The product traded volume of 84 Kilograms worth USD 3.56 million, on its opening day. The contract’s launch follows months of planning and preparation for the DGCX, the region’s largest and most diversified derivative bourse.

SEC Charges Prominent Pastor, Financial Planner In Scheme to Defraud Elderly Investors

Date 30/03/2018

The Securities and Exchange Commission yesterday charged the pastor of one of the largest Protestant churches in the country and a self-described financial planner in a scheme to defraud elderly investors by selling them interests in defunct, pre-Revolutionary Chinese bonds.

Notice Regarding Sequential Sales Of Singapore Exchange Shares Japan Exchange Group Owns

Date 30/03/2018

Japan Exchange Group, Inc. (JPX) announces that it has made a decision regarding the sequential sales of the shares of Singapore Exchange Limited (SGX) that JPX owns as follows.

Japan's Council of Experts: Publication Of The "Revision Of The Corporate Governance Code And Establishment Of Guidelines For Investor And Company Engagement"

Date 30/03/2018

The Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code (Chairman: Kazuhito Ikeo, Professor of Economics and Finance, Keio University) has now published the proposal “Revision of the Corporate Governance Code and Establishment of Guidelines for Investor and Company Engagement”.

Japan's Financial Services Agency: Call For Public Comments On The "Guidelines For Investor And Company Engagement" (Draft)

Date 30/03/2018

Financial Services Agency has now published the draft of the “Guidelines for Investor and Company Engagement” in accordance with the proposal “Revision of the Corporate Governance Code and Establishment of Guidelines for Investor and Company Engagement” by the “Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code” (Chairman: Kazuhito Ikeo, Professor of Economics and Finance, Keio University)  and started to call for public comments in English.

World Gold Council And International Islamic Financial Market Collaborate To Improve Access To Gold Market For Islamic Investors

Date 30/03/2018

On 28 March, the International Islamic Financial Market (IIFM) and World Gold Council led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey. The meeting was hosted by Borsa İstanbul  and organized by the Islamic Finance Directorate.

Tokyo Commodity Exchange: Revised Component Weight Percentage Of Nikkei-TOCOM Commodity Index

Date 30/03/2018

The Tokyo Commodity Exchange, Inc. (“TOCOM” or the “Exchange”) today announced revised weightings of the Nikkei-TOCOM Commodity Index components, effective June 1, 2018, as indicated below.

Bursa Malaysia Welcomes New Incentive To Boost The LEAP Market

Date 30/03/2018

Bursa Malaysia Berhad welcomes the announcement made by the Prime Minister, YAB Dato’ Sri Mohd Najib bin Tun Abdul Razak, in regards to the new LIVE (Listing Incentives for SME) program. This new incentive is set to boost the Leading Entrepreneur Accelerator Platform (LEAP) Market and provide an avenue for underserved Small and Medium Enterprises (SMEs) to turn to the capital market to raise funds, where SMEs have been the engine of growth and job creation. In 2016, 98.5% of businesses established in Malaysia were SMEs, responsible for 65.3% of the country’s employment, 36.6% of the country’s GDP and 18.6% of Malaysia’s exports.

SET Wins Two Thailand ICT Excellence Awards 2018

Date 30/03/2018

The Stock Exchange of Thailand (SET) group recently received two Distinguished Awards at Thailand ICT Excellence Awards 2018, organized by Thailand Management Association (TMA), for its innovative projects: the technology-enabled fund service platform “FundConnext”; and the trading function enabling investors to invest based on Dollar-Cost Averaging (DCA) technique namely, Settrade DCA Order. This reinforces SET’s determination to adopt innovation to enhance investment services while continuously promoting savings discipline to ensure financial stability.

Session Summaries： Japan's Securities And Exchange Surveillance Commission 25th Anniversary International Conference

Date 30/03/2018

Session 1

“From Savings To Asset Formation” - What Should Market Participants/Regulators Do Now?

Introduction

The moderator opened the session by describing current conditions of, challenges facing, and the future direction for securities markets in Japan and other Asian countries, after which the panelists gave their opinions as follows.