News Centre

SGX Raises Pro-Rata Renounceable Rights Issue Cap To 100% Of Share Capital

Date 13/03/2017

Singapore Exchange (SGX) is enabling companies to seek a general mandate for an issue of pro-rata renounceable rights shares of up to 100% of the share capital from 50% previously. The enhanced rights issue limit is aimed at helping companies raise funds expediently for expansion activities or working capital.

Hong Kong's Securities And Futures Commission Bans Former Responsible Officer Of Guangdong Securities Limited For Nine Months Over Internal Control Failures

Date 13/03/2017

The Securities and Futures Commission (SFC) has prohibited Mr Huang Qiang, former managing director and responsible officer of Guangdong Securities Limited (GSL), from re-entering the industry for nine months from 10 March 2017 to 9 December 2017.

Shenzhen Stock Exchange Rewards Member Units Making Outstanding Contribution To Shenzhen-Hong Kong Stock Connect

Date 13/03/2017

Officially launched on 5 December 2016, Shenzhen-Hong Kong Stock Connect has been commissioned for three full months as of 5 March 2017, fulfilling expected targets with overall smooth trading and stable operation. During its preparation and running, all member units have closely and actively cooperated with Shenzhen Stock Exchange (SZSE), greatly ensuring the smooth launch and stable running and making significant contributions to the successful launch. Currently, there are 96 securities companies and 46 non-member transaction participants who have opened the trading authority of Hong Kong stock connect. In order to honor the meritorious and establish models, SZSE has delivered “Outstanding Contribution Awards in Shenzhen- Hong Kong Stock Connect” to 15 members units including Essences Securities after comprehensively thinking over their strong support and active contributions in technical test participation, business plan development and market organization. The awards are to further stimulate the activeness and creativeness of member units.

ESMA Publishes First Set Of CSDR Q&As

Date 13/03/2017

The European Securities and Markets Authority (ESMA) has published its first set of Questions and Answers (Q&As) on the CSDR, this follows the publication in the Official Journal of the CSDR Level 2 package (except for settlement discipline which are still pending).

Source Opens The Door To FinTech - The Source KBW NASDAQ Fintech UCITS ETF

Date 13/03/2017

• Fintech companies are reshaping every part of the financial services sector
• In this large, data-heavy sector, the potential benefits of technology are huge
• Research shows strong demand for fintech among institutional investors
• Our new ETF makes it easier for investors to get involved

US Payment Market Infrastructures Agree To Support SWIFT gpi Tracking Of Cross-Border Payments - The Federal Reserve Banks And The Clearing House Develop Local Market Practices To Facilitate End-To-End Payments Tracking For Their Participants

Date 13/03/2017

SWIFT announces today that the Fedwire® Funds Service of the Federal Reserve Banks in the United States and The Clearing House (CHIPS) have established local market practices for their participants that use the SWIFT global payments innovation (gpi) service.

Quayle Munro Advises Message Automation On Its Sale To Broadridge

Date 13/03/2017

Quayle Munro is pleased to announce that it has advised the shareholders of Message Automation Ltd (“Message Automation”), the leading specialist provider of post-trade control solutions, on its sale to Broadridge Financial Solutions, Inc (NYSE:BR; “Broadridge”).

Report From Cinnober’s Extraordinary General Meeting On 13 March 2017: Approval Of Directed Issue

Date 13/03/2017

Cinnober Financial Technology AB (publ) held an extraordinary general meeting on Monday 13 March 2017 under the chairmanship of attorney at law Thomas Nygren. The meeting resolved to approve the Board’s resolution on a directed share issue to a selected number of institutional investors contacted in advance which was communicated through a press release on 23 February 2017.

Bulgarian Stock Exchange-Sofia Main Marker Summary February 2017

Date 13/03/2017

Click here to download the statistics for the market performance of the Bulgarian Stock Exchange in February, 2017.

Innovative Way Of Financing And Investment To Boost The Development Of Infrastructure Sector - Shenzhen Stock Exchange Completes Augmentation Of The First PPP Asset Securitization Project

Date 13/03/2017

Shenzhen Stock Exchange (SZSE) officially accepted the “Asset-backed Special Plan of GF Hengjin-Rising Dongjiang Environment Humen Lvyuan PPP Project” (hereinafter referred to as “Lvyuan PPP Special”) on March 8th and finished on March 10th the argumentation on the project which will be issued soon. Lvyuan PPP Special is the first implemented project of SZSE in carrying out the spirit of Circular of the National Development and Reform Commission and the China Securities Regulatory Commission on Boosting the Asset Securitization of Public Private Partnerships (PPP) in Traditional Infrastructure Sector (Fa Gai Tou Zi [2016] No. 2698). Also, it is an important expression of SZSE’s serving supply-side structural reform and innovating the way of financing and investment in the field of constant return.