News Centre

Correction: Nasdaq First North Receives UK Growth Market Status - UK-Based Investors Provided With Tax Exemptions for Investments On Nasdaq First North

Date 17/08/2017

Nasdaq (Nasdaq: NDAQ) today announced that Nasdaq First North has been granted UK Growth Market status, the first marketplace outside of the UK and Ireland to achieve this status. The new status means that UK-based investors will receive tax exemptions on investments in UK-based companies listed on Nasdaq First North, and is yet another step towards making Nasdaq’s marketplace more accessible to non-Nordic issuers and investors.      

HKEX: No Change To Trading Of HSCEI Futures And Options After Index Methodology Changes

Date 17/08/2017

• No change to trading of HSCEI futures and options after methodology for underlying index changes
• Hang Seng Indexes’ website has details of planned HSCEI methodology changes

Share Of Investors In Financial Instrument Trade On GPW In H1 2017

Date 17/08/2017

Individual investors generated 18 percent of trade on the GPW Main Market in equities in H1 2017 (+5 percentage points YoY), foreign investors generated 52 percent (-2 percentage points YoY), and institutional investors 30 percent (-3 percentage points YoY)

SGX And Singapore Institute Of Surveyors And Valuers To Jointly Review Practices And Reporting For Valuations Used By Listed Issuers

Date 17/08/2017

Singapore Exchange (SGX) and the Singapore Institute of Surveyors and Valuers (SISV) are jointly reviewing valuation practices and the reporting carried out by real estate valuers that listed issuers engage.

Monetary Authority Of Singapore Issues Prohibition Orders Against Mr Prem Hirubalan For Unauthorised Share Trading And Misappropriation Of Customers’ Monies

Date 17/08/2017

The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Prem Hirubalan, prohibiting him for a period of 7 years from:

(i) performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA); and

(ii) providing any financial advisory services, and taking part in the management, acting as a director or becoming a substantial shareholder of any financial advisory firm under the Financial Advisers Act (FAA).

Securities Commission Malaysia: Head To The InvestSmart® Fest To Find Out More About Investing Wisely And Safely

Date 17/08/2017

The Securities Commission Malaysia (SC) will host the InvestSmart® Fest 2017 themed “Invest For Your Future” on 13-15 October 2017 at Hall 5 of the Kuala Lumpur Convention Centre. 

Monthly Report: Clearstream Supports Liberalisation Of Chinese Financial Market - Continuous Progress In Chinese Market Opening - Clearstream Gets Ready To Support Bond Connect Initiative

Date 17/08/2017

At the end of this month, the Shanghai International Financial Advisory Council will bring together top Chinese market regulators and representatives of leading international financial institutions involved in China’s ongoing financial liberalisation story. Deutsche Börse Group will also be present with its post-trade services provider Clearstream.

AxiomSL Recognised As Category Leader By Chartis Research For MiFID II Reporting Solutions - Firm Unveils Flexible And Transparent Solution That Can Be Quickly Implemented For A Variety Of Regulations

Date 17/08/2017

AxiomSL, the leading global provider of regulatory reporting, risk and data management solutions, today announced that Chartis Research, a leading provider of research and analysis on the global market for risk technology, has named the company a 2017 Category Leader for its MiFID II Reporting Solutions. Concurrently, AxiomSL announced that its MiFID II solution is available worldwide.

MarketInvoice Extends Invoice Finance To Over 400,000 UK Businesses

Date 17/08/2017

• Strategic alliance with Veritas allows smaller businesses access to a confidential invoice discounting facility
• Veritas credit management integration means businesses with annual turnovers of £300k can now use the MarketInvoice Pro invoice finance facility
• Smaller businesses to benefit from this collaboration to access a confidential funding service, whereas previously they would have likely only been offered a disclosed factoring option
• MarketInvoice is the first UK fintech business to create an alliance with Veritas

Liquidnet Announces Strategic Tech Hire To Support Growth Of Virtual High Touch™ MiFID II Solutions - Patrick Strobel To Head Up Liquidnet’s Technology Team In Europe

Date 17/08/2017

Liquidnet, the global institutional trading network, today announced the appointment of Patrick Strobel as Head of Technology for EMEA. In this newly formed role, Patrick will be responsible for building out Liquidnet’s strategic IT architecture in EMEA with an emphasis on the region’s Virtual High Touch MiFID II solutions. He brings over sixteen years’ experience delivering IT solutions for investment banks such as Deutsche Bank and JP Morgan.