News Centre

CESC Index Report For June

Date 27/07/2017

Highlights

• Mainland A shares outperformed Hong Kong stocks in June, with CES A80 up 4.7 per cent, and CES SCHK100 up 1.7 per cent 
• Overseas-listed Mainland tech stocks were highly sought after. CES P Elite rose 3.2 per cent 
• Macau’s gaming sector expanded at the fastest rate since February 2014. CES G10 surged 2.7 per cent 
• HKEX appointed CESC to explore a tradable cross-border Belt & Road Index with good representativeness 
• With help from the Connect programme, Mainland A shares were accepted by MSCI for one of its key indices 
• Ministry of Finance announced plans to issue RMB-denominated and USD-denominated bonds by year-end 

The Future Of LIBOR, Speech By Andrew Bailey, Chief Executive Of The UK Financial Conduct Authority, At Bloomberg London

Date 27/07/2017

Highlights

• Andrew Bailey examines important questions about the future of LIBOR.
• While significant improvements have been made to LIBOR since April 2013, the absence of active underlying markets raises a serious question about the sustainability of the LIBOR benchmarks that are based upon these markets.
• Panel bank support to sustain LIBOR until end-2021 will enable a transition that can be planned and executed smoothly.
• Work must begin in earnest on planning the transition to alternative reference rates that are based firmly on transactions. 

big xyt Launches Liquidity Cockpit To Provide Trading Firms With Enhanced Visibility Over Liquidity Across Asset Classes - Liquidity Cockpit To Track LIS Trading Activity In Line With ESMA Thresholds

Date 27/07/2017

big xyt, the independent provider of high-volume, smart data and analytics capabilities, today announced the launch of its Liquidity Cockpit, designed to give global trading and investment firms enhanced visibility over dark and lit liquidity, and the ability to navigate and analyse European market share across a fragmented and dynamic market landscape.

Nasdaq Stockholm Orders XBT Provider AB To Pay A Fine Of SEK 1,000,000

Date 27/07/2017

The Disciplinary Committee of Nasdaq Stockholm has found that XBT Provider AB (publ) (“XBT” or “the Company”) has breached Nasdaq Stockholm’s Rule Book for Issuers of warrants and certificates (“the Rule Book”) and other regulations in several respects and, accordingly, has imposed a fine on XBT amounting to SEK 1,000,000.

Bursa Malaysia Derivatives Clearing Berhad Implements Settlement Via RENTAS

Date 27/07/2017

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) announced it has started using the Real-time Electronic Transfer of Funds and Securities System (“RENTAS”) for settlements of payments on Bursa Malaysia Derivatives Clearing Berhad (BMDC).  The change to RENTAS will ensure greater efficiency and resilience of the settlements payments mechanism.

Dalian Commodity Exchange Adjusts Positions Limits, Trading Limits And Trading Fee Rates For Relevant Futures

Date 27/07/2017

On July 20, Dalian Commodity Exchange (DCE) issued the “Notice on Adjusting the Position Limits and Trading Limits for the Metallurgical Coke and Coking Coal Futures” and the “Notice on Adjusting the Trading Fee Rates for the Iron Ore and PP Futures”, so as to adjust the position limits and trading limits for the metallurgical coke and coking coal futures and reduce the intraday trading fee rates for the January, May and September Contracts of the iron ore and PP futures. In response to the clients’ requirement, this year, DCE has been assessing the position limits for the futures and the options and making adjustments to the position limits of the products based on the market situations, in order to better develop the futures market in Dalian City.

Invest Malaysia Kuala Lumpur 2017 Reaffirms Malaysia As An Advanced Emerging Market With Tremendous Opportunities

Date 27/07/2017

The 13th edition of Invest Malaysia Kuala Lumpur (IMKL) conference welcomed 1,929 participants, comprising about 950 fund managers with total assets under management (“AUM”) of US$19.9 trillion. The two-day conference   - co-organised by Bursa Malaysia and CIMB Investment Bank – concluded yesterday and reiterated Malaysia as the preferred investment and listing destination. 

UK's Financial Conduct Authority: Lloyds Banking Group Sets Up Redress Scheme For Mortgage Arrears Customers

Date 27/07/2017

Lloyds Banking Group (Lloyds) has agreed to set up a redress scheme for mortgage customers who incurred fees after they fell behind with their mortgage payments.

Dalian Commodity Exchange Holds Briefing Session On Banking-Futures Cooperation Businesses In 2017

Date 27/07/2017

In order to deepen the banking-futures cooperation and further improve the capability and level of the futures market serving the real economy, on July 20, Dalian Commodity Exchange (DCE) held the “Briefing Session on Banking-futures Cooperation Businesses in 2017” in Dalian City, and attending the session were nearly 100 representatives of the head offices and branches of 14 depository banks for DCE.

Qatar Financial Markets Authority Approves Not To Suspend Stock Trading On AGM Day As Of Next Year

Date 27/07/2017

Qatar Financial Markets Authority (QFMA) has approved a proposal not to suspend trading on the shares of the companies listed on the Qatar Stock Exchange on AGM days as of January 1st, 2018.