News Centre

New EDHEC Survey On Equity Factor Investing Calls Risk Techniques Into Question

Date 23/01/2018

In a new survey conducted among investment professionals between June and September 2017, EDHEC-Risk Institute and ERI Scientific Beta have analysed the interests and motivations for investing in new forms of equity factor strategies. The 114 respondents together have at least USD 2.5 trillion in AUM and span all regions of the world (52% from Europe, 28% from North America and 20% from other parts of the world). In one of the more striking findings in the survey, there is a contradiction between score-based factor design choices and the statistical beta-based risk analysis. Analysis of the extreme risk of factor portfolios is still fairly basic and does not really allow the extreme risks to be appreciated.

Luxembourg Stock Exchange Partners With China’s Agricultural Development Bank (ADBC) To Expand The Green Bond Market

Date 23/01/2018

• The Luxembourg Stock Exchange (LuxSE) signs a Memorandum of Understanding (MoU) with the Agricultural Development Bank of China (ADBC), the second largest policy bank in China.
• The purpose of the MoU is to set up an access scheme to display ADBC’s green, poverty alleviation and sustainability bonds on the Luxembourg Green Exchange (LGX) platform.
• International investors will gain access to detailed information in English about Chinese green bonds issued by ADBC, traded on the Chinese Interbank Market (CIBM) and accessible through the Bond Connect scheme. 

Deutsche Börse AG: Release Of Capital Market Information

Date 23/01/2018

In the period from 12 January 2018 to, and including, 19 January 2018, Deutsche Börse AG purchased a number of 93,827 shares within the framework of its ongoing share buy-back program which had been announced by theannouncement of 22 November 2017 pursuant to Art. 5 (1) lit. a) of Regulation (EU) No 596/2014 and Art. 2 (1) of Delegated Regulation (EU) No 2016/1052.

Moscow Exchange: The Additional Trading Session Starts Later For Derivatives On 1, 8, 14, 15, 22 And 26 February 2018

Date 23/01/2018

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on 1, 8, 14, 15, 22 and 26 February 2018, as these are the last trading days for options contracts (in accordance with clause 7.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).

Dalian Commodity Exchange Continuously Strengthens Regulatory Cooperation

Date 23/01/2018

Dalian Commodity Exchange (DCE) has signed regulatory cooperation memorandums with all the 38 agencies of the China Securities Regulatory Commission (CSRC), including 36 local bureaus and 2 commissioner offices of the CSRC. Over the years, DCE and the agencies of the CSRC have successfully investigated and cracked down on a number of violation cases through coordinated regulation and joint inspection. The typical violation cases in the futures market investigated and treated through the collaboration of DCE and the agencies of the CSRC included the case of price manipulation on Blockboard 1502 Contract, the case of fabricating and spreading false information about the egg futures and so on.

Shenzhen Stock Exchange Acquires The 2nd-Batch License Of National Securities Snd Futures Investor Education Base

Date 23/01/2018

On 16th January 2018, the Shenzhen Stock Exchange (“SZSE”) investor education website (investor.szse.cn) was recognized by China Securities Regulatory Commission (“CSRC”) as “the 2nd-batch National Securities and Futures Investor Education Base.” As a result, SZSE has become the only institute featuring national investor education bases both in physical form and on the Internet. This is the second time that SZSE has been authorized as a national investor education base, which is another achievement in investor education and protection.

Dalian Commodity Exchange: Strengthening Regulation Of Hedging Business, Safeguarding Safe And Stable Market Operation

Date 23/01/2018

Dalian Commodity Exchange (DCE) has strengthened the supervision over the trading behaviors of hedging clients to ensure the authenticity of hedging and avoid the abuse of the hedging quotas, which is an important manifestation of effectively maintaining fairness and order in the market and can enhance the quality of market operation.

Learn, Grasp And Practice The Spirit Of The 19th CPC National Congress Unswervingly Push Forward The Comprehensive And Rigor Party Self-Governanc - Shenzhen Stock Exchange Held A Party Building Work Forum And A Symposium Of In-Depth Study And Plementation Of 19th CPC National Congress

Date 23/01/2018

On January 18, 2018, Party Committee of the Shenzhen Stock Exchange (SZSE) organized and held a symposium on party building work. At the meeting, the spirit of the 19th CPC National Congress were thoroughly studied and implemented, the party building work in 2017 were comprehensively reviewed and party building work in 2018 were arranged, and work experience on party building were fully exchanged, the awareness of party building at all levels were further reinforced and comprehensive and rigor Party self-governance were continually push forward. At the meeting, the situation of grass-roots party building and SZSE discipline inspection work were briefed, and party representatives of party branches direct under the SZSE Party Committee and party representatives of the subsidiary companies exchanged their experiences.

Announcement Of Shanghai International Energy Exchange On Approval Of INE Membership of Heilongjiang Era Futures Brokerage Co., Ltd.

Date 23/01/2018

The Shanghai International Energy Exchange (INE), upon deliberation at the INE board of directors meeting on January 10, 2018, and in accordance with the Membership Management Rules of the Shanghai International Energy Exchange and relevant provisions, hereby approves the INE membership of Heilongjiang Shidai Futures Brokerage Co., Ltd.

Shenzhen Stock Exchange Improves The Risk Management System, Fighting An Uphill Battle To Prevent Snd Eliminate Major Risks

Date 23/01/2018

SZSE attaches much importance to risk management and has been actively exploring a perfect mode of risk management. By now, SZSE has formed an overall risk management system based on evaluation and prevention beforehand, control and handling of risks at their occurrence, and summary and improvement afterward at different stages of risk management. Being the first within the securities regulatory system to set up a Risk Management Committee governed by its Administration Committee, SZSE has optimized its organization structure for risk management.