News Centre

Payments Harmonization – Banks Finish Migration To ISO 20022

Date 06/12/2017

208 banks have completed the migration to the new ISO 20022 technology standard on schedule. This means all participants on the SIX Interbank Clearing payment system are ready for the next step: switchover of payment transactions for their business customers by the end of June 2018. From this time onward, all payment transactions will be processed using only ISO 20022. This will make the process much easier for all market participants and will strengthen the competitiveness of the entire Swiss financial and economic center.

UK’s Financial Conduct Authority Fines Bluefin £4m For Misleading Customers

Date 06/12/2017

The Financial Conduct Authority (FCA) has today fined Bluefin Insurance Services Limited (Bluefin) £4,023,800 for having inadequate systems and controls and failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.

Japan's Financial Services Agency: Update On Progress Toward Further Efficiency And Transparency In The Screening Procedures For Licensing And Registration Of Financial Businesses

Date 06/12/2017

In the 2016-2017 Strategic Directions and Priorities published in October 2016, the FSA indicated its policy direction to “execute proper progress management for registration/licensing procedure by list method for greater efficiency and transparency of financial regulation.”

EEX And EQS Group Agree On Cooperation - Joint Offer For Participants In Emissions Trading With Regards To Fulfilment Of MAR Obligations

Date 06/12/2017

The European Energy Exchange (EEX), the leading European energy exchange, and EQS Group, a leading international technology provider for investor relations, corporate communications, and compliance, will support future participants in the CO2 market with their reporting obligations pursuant to the EU Market Abuse Regulation (MAR).

Technology Conference Held In Shenzhen Stock Exchange With A Focus On Financial Technology Innovation

Date 06/12/2017

On 4th December, Shenzhen Stock Exchange (“SZSE”) held its 2017 technology conference with the theme of “Technology to Lead Innovation and Development”. Under the guidance of the spirit of 19th CPC National Congress, the conference on technology opened to SZSE’s members and other market participating organizations. By building the communication platform in the industry, it aims at sharing technical experience within SZSE and market participating organizations, facilitating innovative application of financial technology, promoting risk prevention and resolving ability and the development of information technology.

SGX Reports Market Statistics For November 2017

Date 06/12/2017

Securities

• Total Securities market turnover value was at S$28.5 billion, up 19% month-on-month (m-o-m) and down 3% year-on-year (y-o-y), over 22 trading days. There were 21 trading days in October 2017 and 22 in November 2016.
• Securities daily average value (SDAV) was S$1.3 billion, up 13% m-o-m and down 3% y-o-y.
• Market turnover value of Exchange Traded Funds (ETFs) was S$229 million, up 41% m-o-m and down 51% y-o-y.
• Market turnover value of structured warrants was S$1.9 billion, up 16% m-o-m and up 213% y-o-y.
• There were 2 new Catalist listings during the month, raising S$46.9 million.
• There were 3 new Mainboard listings during the month, raising S$1.5 billion.
• There were 80 new bond listings, raising S$30.0. billion.
• Total market capitalisation value of 752 listed companies stood at S$1.1 trillion as at end-November 2017.

Colt To Launch Ultra-Low Latency Market Data Solution Powered By Celoxica - Field Programmable Gate Array (FPGA) Based Solution Normalises European Data Feeds With Consistent Single Digit Microsecond Latency.

Date 06/12/2017

Colt Technology Services today announced the availability of market data feeds for European Derivatives normalised with an (Field Programmable Gate Array) FPGA solution powered by Celoxica.

SGX Reports Market Statistics For November 2017

Date 06/12/2017

Securities

• Total Securities market turnover value was at S$28.5 billion, up 19% month-on-month (m-o-m) and down 3% year-on-year (y-o-y), over 22 trading days. There were 21 trading days in October 2017 and 22 in November 2016.

FSB Completes Peer Review Of Korea

Date 06/12/2017

The Financial Stability Board (FSB) published today its peer review of Korea.

Speakerbus Expands Asian Reach With New Regional Office In Kuala Lumpur

Date 06/12/2017

Speakerbus today announced their further expansion into Asia with the opening of an office in Kuala Lumpur, Malaysia. This significant milestone is part of the company’s strategic phased growth plan into emerging markets. Speakerbus believe that it is essential to have much closer personal interaction with their growing client base, the new facility will enable the business to provide much needed ‘hands on' support to their users based across this important region.