News Centre

Bursa Malaysia Seeks Feedback On Shortening The Securities Settlement Cycle To T+2

Date 03/12/2018

Bursa Malaysia Berhad (“Bursa Malaysia”) today issued a consultation paper seeking public feedback on the proposed move to a shorter securities settlement cycle to two days (“T+2”) from the current three-day cycle (“T+3”). The proposal is part of Bursa Malaysia’s ongoing efforts at improving operational efficiency, reducing systemic risks and aligning the clearing and settlement processes of the Malaysian capital market with international practices.

ICE Data Services Selected As The New Benchmark Provider For BlackRock iShares U.S. Preferred Stock ETF

Date 03/12/2018

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services has been selected as the new benchmark provider for BlackRock’s iShares® U.S. Preferred Stock ETF (PFF), which currently represents $14.7 billion in assets under management.

Qatar Stock Exchange Announces The Launch Of Electronic Disclosure System Using XBRL

Date 03/12/2018

QSE today announced the launch of a unified electronic disclosure system project using XBRL language (Extensible Business Reporting Language) in Qatar Capital Market. The project, which is aimed at facilitating the disclosure process and serving all related parties, will make a paradigm shift in the disclosure of financial and nonfinancial data of the companies and it will develop the process of accessing all disclosures, and thus will improve the disclosure and transparency level in the market and increase the speed of access to the required information by investors and other interested parties locally and internationally. 

Deutsche Börse: Cash Markets Achieve Turnover Of 140.4 Billion Euros In November

Date 03/12/2018

Deutsche Börse cash markets generated a turnover of €140.4 billion in November (previous year: €154.2 billion).

Moscow Exchange: Final Settlement Prices Determined For Brent Futures (Brent-12.18)

Date 03/12/2018

Please be advised that on December 3, 2018 the settlement prices for Brent futures (BR-12.18) contracts amounted to:

• BR-12.18 – 58.69

ESMA Registers A.M. Best (EU) Rating Services B.V. As Credit Rating Agency

Date 03/12/2018

The European Securities and Markets Authority (ESMA), the EU’s direct supervisor of credit rating agencies (CRAs), has registered today A.M. Best (EU) Rating Services B.V. as a CRA under the CRA Regulation. 

HKEX To Add Mini-HSCEI Options To After-Hours Trading From Tonight

Date 03/12/2018

• Addition of Mini-HSCEI Options will complete roll-out of eight major stock index products in AHT
• Index futures and options’ average daily AHT volumes are up sharply from their initial levels

Deutsche Börse AG: Release According To Article 40, Section 1 Of The WpHG [the German Securities Trading Act] With The Objective Of Europe-Wide Distribution - Jupiter Fund Management PLC, London, United Kingdom, Dissemination Of A Voting Rights Announcement

Date 03/12/2018

Notification of Major Holdings

1. Details of issuer

2. Reason for notification

MiFIR Offering From Kaizen To Include APA Trade Reporting - MiFIR Trade Reporting Specialist Chris Machin To Head Development Of New Offering

Date 03/12/2018

Kaizen Reporting (Kaizen), the specialist regulatory reporting firm, has announced it is extending its award-winning assurance service, ReportShield™, to cover MiFIR trade reporting. Under MiFID II, investment firms are required to report on both trades and transactions. Trade reporting improves the near to real-time trade transparency information published to potential investors. Financial details of trades are reported to an Approved Publication Arrangement (APA) for dissemination to the market. In transaction reporting trade details must be reported in T+1 to an Approved Reporting Mechanism (ARM) which validates the data before sending the reports to regulators. 

EGX Is Completing Its Reform Efforts To Improve The Stock Market Regulative Framework In 2019

Date 03/12/2018

• Farid: We will strive to apply short selling during the first quarter of next year.
• EGX Chairman: issuing the decision regulating the market maker activity during few days and it’s the choice of companies to participate in that activity.