News Centre

SGX Adopts Securities Industry Working Group Recommendations

Date 20/03/2017

Singapore Exchange (SGX) today announced that it has adopted the recommendations of the Securities Industry Working Group (IWG) to improve the operational resilience of Singapore’s securities market.

UK’s Competition and Markets Authority Launches Campaign To Crack Down On Cartels

Date 20/03/2017

Whistleblowers are being offered up to £100,000, as the CMA launches its first-ever advertising campaign to crack down on cartels.

The Competition and Markets Authority (CMA) is targeting illegal cartels – businesses which cheat their customers by agreeing not to compete with each other in order to keep their prices high. The practice stops ordinary people and other businesses from getting a fair deal as well as stifling competition.

TASE Launches Partner And Cellcom Stock Options

Date 20/03/2017

At its meeting on Thursday, March 16, 2017, the board of directors of the Tel Aviv Stock Exchange (TASE) approved to launch stock options of the telecommunications companies, Partner Communications and Cellcom Israel. The options are to be launched following requests received from market participants and as part of TASE's plans to expand the variety of options traded on TASE, and its intension to diversify investment opportunities. 

MNI PINCH - Probabilty Of INterest Rate CHange

Date 20/03/2017

Following both the FED and BoE rates decisions last week, MNI PINCH calculation of market pricing of interest rate change are below:

DTCC’S Legal Entity Identifier Service, GMEI Utility, Awarded GLEIF Accreditation - Largest LEI Issuer Maintains Commitment To Data Quality

Date 20/03/2017

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its subsidiary operating the Global Markets Entity Identifier utility[1] (GMEI utility) has received official accreditation from the Global Legal Entity Identifier Foundation (GLEIF). The GMEI utility was among the first legal entity identifier (LEI) issuers to be endorsed by the LEI Regulatory Oversight Committee (LEI ROC) and continues to operate as the largest by share of the total LEIs issued worldwide.

E Fund HK Develops Its First Hang Seng Index Inverse Product (7302.HK) Jointly With Taiwan's Yuanta Funds

Date 20/03/2017

E Fund Management (HK) Co., Ltd ("E Fund HK") has invited Yuanta Securities Investment Trust Co., Ltd ("Yuanta Funds"), one of Asia's largest inverse ETF issuer1, to be its technical advisor for developing the E Fund Yuanta Hang Seng Index Daily (-1x) Inverse Product (7302.HK), which was officially listed on the Stock Exchange of Hong Kong today. This is E Fund HK's first inverse product, offering an alternative investment instrument for investors in Mainland China and Hong Kong.

Chartered Body Alliance Welcomes BSB First Good Practice Guidance For Banks & Building Societies

Date 20/03/2017

The Chartered Body Alliance (the Alliance) welcomes the publication of the Banking Standards Board’s (BSB) first good practice guidance for banks and building societies, assessing the fitness and propriety of staff subject to the Certification Regime. [1] [2]

ACER Finds ENTSOG’s Plan For Gas Infrastructure Contributes To Non-Discrimination And Effective Competition, But Should Improve Its Cost Analysis

Date 20/03/2017

ACER publishes today its Opinion on the European Network of Transmission System Operators for Gas (ENTSOG)’s draft Ten-Year Network Development Plan (TYNDP) for 2017. The Agency considers that the plan is in line with the relevant European Commission Regulation in terms of contributing to non-discrimination, effective competition, and secure market functioning, but fails regarding the quality of the cost-benefit analysis (CBA). A significant part of the CBA shortcomings were already noted in the Opinion of the Agency on the TYNDP 2015. Due to the lack of proper CBA, the draft TYNDP 2017 may not sufficiently contribute to the efficient functioning of the market.

Nigerian Stock Exchange Partners Access Bank To Celebrate Global Money Week Across Nigeria

Date 20/03/2017

Consistent with its commitment to promote financial literacy and inclusion in Nigeria, The Nigerian Stock Exchange (NSE or Exchange) in collaboration with Access Bank Plc will commemorate the 2017 Global Money Week themed: ‘Learn. Save. Earn’with a series of educational programs to raise awareness and improve the capabilities of young people to make sound decisions when it comes to financial matters.

Al Mawared Amman Stock Exchange Weekly Report - Mar 12 – Mar 16, 2017

Date 20/03/2017

Market Summary

• Amman Stock Exchange (ASE) Share Price Index closed the week at 2,237.26 increasing 1.11% month to date and increasing 1.51% week to date 
• Total market capitalization at market close on 16th of March 2017 was JD 18.3 billion increasing 2.72% month to date and increasing 2.67% week to date 
• USD/JD peg range (0.7097 – 0.7100)