News Centre

IOSCO Celebrates World Investor Week 2017 - Securities Regulators Across The Globe To Promote Investor Education And Protection

Date 28/06/2017

The International Organization of Securities Commissions (IOSCO) today announced that it will hold a World Investor Week from 2nd through 8th October 2017, to promote greater investor education and protection worldwide. 

HKEX Invites Views On Proposed After-Hours Trading Enhancements

Date 28/06/2017

• Proposals include:
  • extending close of after-hours trading for HSI, HHI and corresponding mini futures to 3:00 am from 11:45 pm in two phases; and
  • adding HSI, HHI and corresponding mini options to after-hours trading
• Consultation period is from 28 June 2017 to 4 August 2017

ASEA And CFA Institute Sign Memorandum Of Understanding To Raise Standards Of Education And Professionalism In The Investment Management Industry

Date 28/06/2017

The African Securities Exchanges Association (ASEA) signed a two year Memorandum of Understanding (MoU) with CFA Institute to increase access to the professional education programs and standards of professionalism within the ASEA community’s jurisdictions.

GPW Benchmark Is The WIBID And WIBOR Fixing Organiser As Of 30 June 2017

Date 28/06/2017

• GPW Benchmark will publish WIBID and WIBOR for the first time on 30 June 2017
• Take-over of the functions of WIBID and WIBOR fixing organiser is the first phase of harmonisation with the requirements of the Regulation of the European Parliament and of the Council imposed on institutions which calculate reference rates

Hong Kong's Securities And Futures Commission Consults On New OFC Rules And OFC Code

Date 28/06/2017

The Securities and Futures Commission (SFC) today launched a two-month consultation on the detailed legal and regulatory requirements applicable to the new open-ended fund company (OFC) structure. The OFC structure will enable investment funds to be established in corporate form in Hong Kong, in addition to the current unit trust form.

Securities Commission Malaysia And ASIC Sign Innovation Cooperation Agreement To Establish Fintech Bridge

Date 28/06/2017

Securities Commission Malaysia (SC) yesterday entered into an Innovation Cooperation Agreement with the Australian Securities and Investments Commission (ASIC) to further promote innovation in financial services in their respective markets.

CESC Monthly Index Report (May)

Date 28/06/2017

Highlights

• The stock markets performed well in May. Cross-border large-cap index CES China 120 Index, or CES 120, rose 4.8 per cent
• Private IT companies were the focus of the market. CES P Elite surged 7.1 per cent
• Macau’s Gross Gaming Revenue, or GGR, is expected to return to its peak in 2013. CES Gaming Top 10 Index, or CES G10, surged 4.3 per cent
• Global stock markets continued to have strong performances. KOSPI rose 6.4 per cent. US stocks continued to rise despite expectations of an interest rate hike. S&P 500 Index rose 1.2 per cent
• The Mainland’s currency reform and the bottoming of its forex reserves prompted a hike in the RMB exchange rates
• PBC sought comments on Bond Connect, which will allow participation of overseas investors in the Mainland interbank bond market.
• HKEX will introduce physically settled CNH and US dollar gold futures contracts on 10 July
• Average daily turnover of FTSE China A50 Index futures traded in Singapore slipped by 1.8 per cent

Solactive And Candriam Team Up To Launch The Factors Sustainable Index Family - Providing The Underlying Indices For Five Etfs Issued By Candriam

Date 28/06/2017

Solactive and Candriam have joined forces to launch the Solactive Candriam Factors Sustainable Index Family offering exposure to companies with sustainable and responsible investing criteria as determined by Candriam’s SRI screening methodology. The family is composed of five fundamentally-weighted indices with factor tilts, including three equity and two fixed-income indices, which are used as the basis for five new ETFs issued by Candriam and trading on the Paris Euronext Stock Exchange (and cross-listed on Amsterdam Euronext).

Millennium Exchange Release 9.2 Oslo Børs – Adaption To MiFID II - Clarification

Date 28/06/2017

The Financial Supervisory Authority of Norway and others have indicated that MiFID II will not be implemented into Norwegian legislation by 3 January 2018. However, in any case Oslo Børs, will implement the adaptions to the trading systems, as previously announced. 

NEX Optimisation’s triReduce Compression Service Surpasses $1 Quadrillion In Notional Principal Eliminated By Market Participants

Date 28/06/2017

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that participants in its triReduce compression service have eliminated over $1 quadrillion (1,000 trillion) in OTC derivative notional principal since its introduction in 2003.