News Centre

EquiChain To Build Ground-Breaking Cryptographic Securities Exchange

Date 23/10/2017

• EquiChain joins Abu Dhabi Global Market’s Regulatory Laboratory (‘RegLab’)
• EquiChain  launches  “EquiChain  Exchange”  (EQX),  a  proposed  Recognised Investment Exchange for regulated cryptographic equities
• This innovation creates a new asset class for investors that complies with securities regulation
• Working closely with the ADGM-FinTech team, EquiChain will now scale its EQX prototype to enterprise grade.

Management Of FOX Group Opened Trading To Mark The 15TH Anniversary Of Its TASE Listing

Date 23/10/2017

​Fox Group management rang the bell to open trading today (19 October), marking the 15th anniversary of its TASE listing.

EEX And CBEEX Enter Into Strategic Partnership For Carbon Market Development In China

Date 23/10/2017

The European Energy Exchange (EEX) and China Beijing Environment Exchange (CBEEX) signed a Memorandum of Understanding (MoU) last Friday in order to form a strategic partnership for the joint development of the Chinese carbon market.

ADX And Nasdaq Dubai Sign An Index License Agreement To Launch ADI Futures

Date 23/10/2017

• Nasdaq Dubai intends to expand its futures offering with the addition of ADI futures on its derivatives platform
• The two exchanges agree on further collaboration in market development and awareness programs for local and regional investors.

Yunnan Finance Department Continues Issuing Local Government Bonds On Shanghai Stock Exchange For The 1st Time

Date 23/10/2017

On October 19, the continuous issuance of the 2017 phases IX and XI Yunnan Provincial Government General Bonds is carried out on a trial basis on the Shanghai Stock Exchange (SSE), which marks the successfully continuous issuance of the first kind of local government bonds in China. It is a beneficial attempt of the SSE to positively cooperate with the local finance department for innovating and reforming the local government bonds issuance system according to the requirement of actively exploring to establish the continuous issuance mechanism mentioned in the “Notice of Properly Carrying out the Work of 2017 Local Government Bonds Issuance” (Cai Ku [2017] No. 59 Document) and by implementing the relevant work deployments made by the China Securities Regulatory Commission (CSRC) and the Ministry of Finance of the PRC, which contributes to taking a major step for further improving the liquidity of the local government bonds' secondary market.

TradingScreen's Majority Shareholders Renew Call For A Change In Leadership And Provide Full Evidence Of The Shareholders' Legal Actions

Date 23/10/2017

The board members and shareholders representing the majority of the common shareholders of TradingScreen renewed today their request for a change in leadership and published a summary of the main legal actions faced by TradingScreen's current management. The majority shareholder group condemns TradingScreen's temporary management's attempts to mislead the media by dismissing the very existence of litigation and trivialise the seriousness of the breaches of corporate governance described in it, as well as its unwillingness to take action contrary to its fiduciary duties. This group urges the TradingScreen Board's minority representatives, once again, to support its decision to suspend and replace Chairman Giampiero Grandi immediately with another independent board member chosen from among the highly qualified candidates proposed.

Saudi Arabian Capital Market Authority And Saudi Arabian General Investment Authority Sign Memorandum Of Cooperation

Date 23/10/2017

The Capital Market Authority (CMA) and the Saudi Arabian General Investment Authority (SAGIA) have signed a Memorandum of Cooperation (the Memorandum) to set up a collaborative framework to be followed by the CMA and  SAGIA when preparing the regulatory directives for allowing non-resident strategic foreign investors to own strategic stakes in listed companies’ share capital, a step that comes into play in light of the continuous coordination between the two bodies while taking into consideration the importance of achieving the highest level of cooperation that will serve to contribute to ensuring protection and fairness to capital market participants, and supporting the Kingdom’s investment environment in general.

Holly Su Futures Welcomed As TOCOM Remote Broker Member

Date 23/10/2017

The Tokyo Commodity Exchange, Inc. announced today that the Exchange granted a Remote Broker Membership to Holly Su Futures (Hong Kong) Co., Ltd. Holly Su Futures is the Hong Kong subsidiary of Holly Futures, a Nanjing-based Chinese futures commission merchant on October 20. They now hold the second Remote Broker Membership at TOCOM.

Intercontinental Exchange Completes Acquisition Of Bank Of America Merrill Lynch’s Global Research Index Platform

Date 23/10/2017

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced it has completed its acquisition of the Bank of America Merrill Lynch Global Research division’s fixed income index platform, which will become part of ICE Data Services. Terms of the agreement were not disclosed and the financial impact of the transaction will be immaterial to ICE in 2017.

China's 1st Project Revenue Corporate Bond Listed On Shanghai Stock Exchange

Date 23/10/2017

On October 18, China's first project revenue corporate bond issued by Shaanxi Province Tourism Group Yan'an Cultural Tourism Industry Investment Co., Ltd. was successfully listed and transferred on the Shanghai Stock Exchange (SSE). The funds raised through the corporate bond will be mainly used for the construction of the Golden Yan'an Project in Yan'an Holy Land Valley Cultural Tourism Industrial Park of Shaanxi Province. Shaanxi Province is the new starting point for the "Silk Road Economic Belt" in China's Belt and Road initiative. The successful issuance, listing and transfer of the corporate bond marks the official implementation of the first project revenue corporate bond under the unified deployment of the China Securities Regulatory Commission (CSRC), and also indicates the further improved capacity of the SSE for supporting the Belt and Road initiative.