News Centre

Nigerian Stock Exchange Retains ISO 27001:2013 Certification

Date 27/09/2018

The Nigerian Stock Exchange (NSE) is pleased to announce that it has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System (ISMS) by the British Standard Institute (BSI), to ensure that the principles of the International Organization for Standardization (ISO) on ISMS standard are being upheld at the Exchange and controls are working as intended.

Romanian Capital Market: Just One Step Away From Becoming Emerging Market

Date 27/09/2018

• Romania was maintained by FTSE Russell on the watch list of countries for possible reclassification from Frontier to Secondary Emerging market
• “Liquidity – Sufficient broad market liquidity to support sizeable global investment” – upgraded from ‘Not Met’ to ‘Restricted’, following an improvement in broad market liquidity.
• “Off-exchange transactions permitted” – upgraded from ‘Not Met’ to ‘Restricted’.

Dubai Financial Services Authority Signs FinTech Agreement With Japan’s Financial Services Agency

Date 27/09/2018

With its continued efforts to encourage the adoption of technological advancements in the market, the Dubai Financial Services Authority (DFSA) entered yesterday into an Exchange Of Letters with the Financial Services Agency of Japan (FSA) to cooperate in the development of financial technology (FinTech). The cooperation framework reflects efforts by both authorities to foster innovation in the Dubai International Financial Centre (DIFC) as well as in Japan.

HKFE Announces Revised Margins For Futures Contract

Date 27/09/2018

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 2 October 2018, the margin levels of the following Futures Contracts shall be as follows.

Nasdaq Dubai Welcomes USD 1.3 Billion Sukuk Listing By Islamic Development Bank

Date 27/09/2018

Nasdaq Dubai has welcomed the listing of a 1.3 billion US dollar Sukuk by Islamic Development Bank (IDB), which is now the largest Sukuk issuer by value on the exchange at 11.8 billion US dollars in total.

Japan's Financial Services Agency: Exchange Of Letters For Cooperation Framework On FinTech With The Dubai Financial Financial Services Authority (DFSA)

Date 27/09/2018

1. The Financial Services Agency (FSA) exchanged the Letters for Cooperation Framework on FinTech with the Dubai Financial Services Authority (DFSA) on September 26, 2018.
2. This Cooperation Framework recognises the global nature of innovation in financial services and intends to enhance the relationship with DFSA on FinTech.

FTSE Annual Country Classification Review

Date 27/09/2018

Headlines

• China A to be assigned Secondary Emerging market status commencing June 2019 •
• Iceland to be assigned Frontier market status in September 2019 
• Romania to be retained on the Watch List as a Frontier market 
• New additions to the Watch List: Argentina, Tanzania, Vietnam

STOXX Licenses The EURO STOXX® Multi Premia® Index To Credit Suisse Asset Management (Switzerland) Ltd. - Equity Risk Premia Methodology With An Academic Foundation

Date 27/09/2018

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, has licensed the EURO STOXX Multi Premia Index to Credit Suisse Asset Management as an underlying for an index fund. The index integrates the academic, research-based Multi Premia® methodology developed by Finreon, a spin-off from the University of St. Gallen in Switzerland.

ESMA To Publish New Data Completeness Indicators For Trading Venues

Date 27/09/2018

The European Securities and Markets Authority (ESMA) has today announced details of two new data completeness indicators for trading venues detailing the delivery of double volume cap (DVC) and bond liquidity data. The two indicators – the Completeness Ratio and the Completeness Shortfall – will assist trading venues in delivering complete and accurate data on a timely basis, by providing performance information on the timeliness and completeness of their data provision. The indicators will be published for the first time on 8 October for DVC data and by 1 November for bond liquidity.

Securities Commission Malaysia Revokes Licences Of Two Individuals

Date 27/09/2018

The Securities Commission Malaysia (SC) has revoked the Capital Markets Services Representative’s Licences (CMSRLs) of two individuals, namely Ewe Lay Peng (Ewe) and Tan Yee Chee (Tan).