News Centre

Shanghai Stock Exchange: CICC-Guicheng Farming-benefiting Micro-credit Asset-backed Program Approved

Date 26/03/2018

CICC-Guicheng farming-benefiting micro-credit asset-backed program of RMB4 billion received a no-objection letter from the Shanghai Stock Exchange (SSE) on March 20, making it the 1st asset-backed securities product for revitalizing rural areas and supporting poverty relief in China. It represents an effective combination of farming-benefiting policies with "blood-making" poverty relief in asset securitization and offers financial innovation for urban and rural low-income groups, disadvantaged groups, rural poverty-stricken groups and entrepreneurial farmers to realize self-reliance and overcome poverty through scientific and technological financial services.

Deutsche Börse Group And HQLAX Partner To Build Securities Lending Solution On The R3 Corda Blockchain Platform

Date 26/03/2018

Deutsche Börse Group and HQLAX have signed a Letter of Intent to form a strategic partnership for the creation of an innovative securities lending solution using the R3 Corda blockchain platform.

FinComEco And Block Commodities Limited Announce Blockchain Crypto Token Collaboration Agreement With Wala And The Dala Foundation - Maximising The Value Of African Agricultural Commodities Inputs, Financing And Market Access

Date 26/03/2018

FinComEco Limited (FinComEco), the fully integrated Financial and Commodities Ecosystem fostering financial inclusion with social responsibility throughout the agricultural value chain and Block Commodities Limited (BLCC), the innovative commodity trader operating in Africa, previously known as African Potash, are pleased to announce they have entered into a strategic partnership with Wala, a blockchain-powered financial services platform, and Dala, a cryptocurrency token issuer that will support the operation and further development of scalable, blockchain-enabled financial platforms for developing markets. 

SGX Welcomes ayondo Ltd To Catalist

Date 26/03/2018

Singapore Exchange (SGX) today welcomed ayondo Ltd to Catalist under the stock code “1I5”.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report By Nationality And Investor Type

Date 25/03/2018

To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here.

Dubai Financial Market Welcomes The Listing Of Egypt’s NAEEM Holding For Investment

Date 25/03/2018

• H.E. Essa Kazim: “The first of its kind listing underlines the strong ties between the UAE and Egypt and the cooperation framework with the Egyptian institutions creates a solid foundation for similar steps in the future”
• Youssef El far- NAEEM Holding vice chairman and CEO: “ we are proud to be the first listed Egyptian company to be dually listed on DFM, we always believed in regional consolidation as the way forward, and tapping the DFM market complements our regional presence, increases the liquidity for ours share and maximises shareholders value”

Tehran Stock Exchange Weekly Market Review From 17 March 2018 To 19 March 2018

Date 25/03/2018

Click here to download Tehran Stock Exchange's weekly market review.

US Department Of Justice: Former CEO Of Israeli Sales And Marketing Company Charged For Role In Fraudulent Binary Options Scheme

Date 23/03/2018

The former CEO of the Israel-based company Yukom Communications, a purported sales and marketing company, was charged in an indictment filed on March 22, for her alleged participation in a scheme to defraud investors in the United States and across the world in financial instruments known as “binary options.” 

New York Attorney General Schneiderman Announces Record $42 Million Settlement With Bank Of America Merrill Lynch Over Fraudulent “Masking” Scheme In Electronic Trading Division - Bank of America Merrill Lynch Admits To Systematically Misleading Clients About How Stock Orders Were Handled; Admits to Violating New York’s Martin Act - $42 Million Penalty Is Largest Ever State Recovery In Connection With An Electronic Trading Investigation

Date 23/03/2018

Attorney General Eric Schneiderman announced today that Bank of America Merrill Lynch (“BofAML”) will pay a record $42 million penalty to the State of New York to settle an investigation into fraudulent practices in connection with BofAML’s electronic trading services. As part of the settlement, BofAML admits that, pursuant to undisclosed agreements with so-called electronic liquidity providers (“ELPs”) such as Citadel Securities, Knight Capital, D.E. Shaw, Two Sigma Securities, and Madoff Securities, BofAML systematically concealed from its clients over a five-year period that it was secretly routing its clients’ orders for equity securities to such firms for execution. Attorney General Schneiderman’s investigation uncovered that BofAML made other misleading statements to its clients regarding several aspects of its electronic trading services—statements that made BofAML’s electronic trading services appear safer and more sophisticated than they really were. In addition to paying a penalty to New York State, BofAML admitted that it violated the Martin Act, New York’s securities law, and New York Executive Law § 63(12). 

OneChicago Good Friday Holiday Trading Hours

Date 23/03/2018

OneChicago, LLC (“OneChicago”) is issuing this Notice to Members (“NTM”) 2018-13 to inform market participants that OneChicago will be performing updates and routine maintenance on our user acceptance testing (“UAT”) environment on Monday, March 26, 2018 from 1600 CT to 1800 CT.  UAT services at this environment will be temporarily unavailable during this time and will resume at 1800 CT.