News Centre

Thai Bourse To Revise Listing Criteria To Enhance Newly Listed Securities’ Quality, Effective January 1, 2017

Date 26/09/2016

The Stock Exchange of Thailand (SET) has amended the criteria for the new listing of securities on SET and Market for Alternative Investment (mai), aiming to enhance securities’ quality and increase liquidity, ultimately to strengthen capital market growth, effective from January 1, 2017. In addition, SET and mai have also revised the minimum par value of listed firms to be no less than THB 0.50, effective October 1, 2016 onwards, while exploring new approaches to facilitate startups and small firms to access funds.

Mark Jackson Named CEO Of The Baltic Exchange

Date 26/09/2016

The Baltic Exchange Limited (“Baltic Exchange”) today announces that Mark Jackson, currently Chief Commercial Officer of AM Nomikos Group and a former Chairman and Director of The Baltic Exchange, will become its next Chief Executive Officer. He is expected to take up his appointment early in 2017 and replaces the current CEO Jeremy Penn, who last year announced his intention to stand down this summer.

CurveGlobal - Open Access Derivatives Venture Goes Live

Date 26/09/2016

• CurveGlobal addresses client need to trade capital-efficient Rates products
• Launched with backing of major dealer banks and the Chicago Board Options Exchange
• Short Term and Long Term Interest Rate Futures offered in first phase
• Products traded on London Stock Exchange Derivatives Market, cleared through LCH
• Reinforces Group’s commitment to partnering with customers, as well as its Open Access approach

Thai Alternative Bourse Highlights Role As Key Fundraising Source For SMEs

Date 26/09/2016

Market for Alternative Investment (mai) is committed to being a fundraising venue for small and medium-sized enterprises (SMEs). So far this year nine firms have been listed on mai, six more initial public offerings (IPO) are in the pipeline, meanwhile around 5-10 firms are expected to submit their IPO filings  within the rest of this year.

CBOE Holdings Agrees To Acquire Bats Global Markets To Strengthen CBOE Holdings' Global Position In Innovative Tradable Products Snd Services, And Achieve Meaningful Cost And Operational Efficiencies

Date 26/09/2016

• Enhances Diversification Across Global Asset Classes, Including Addition of U.S. and European Cash Equities, Global ETPs and Global FX
• Utilizes Bats' Leading Proprietary Trading Technology by Migrating Trading in Combined Company's Markets onto a Single, Proven Platform
• The Combination Provides Enhanced Market Data Products and Services Combined with a Global Distribution Network
• Better Positions CBOE Holdings to Meet the Needs of the Growing Index-based Investing Market
• Expected to be Accretive to CBOE Holdings Adjusted EPS in First Year Following Completion of the Transaction

Global Financial Centres Index: London Remains On Top But We Await The Impact Of The Brexit Vote.

Date 26/09/2016

Today Z/Yen publishes the twentieth Global Financial Centres Index (GFCI 20). Z/Yen are delighted to be working in collaboration with the China Development Institute (CDI). The GFCI rates 87 financial centres. The top ten are shown to the right. Full details are available here.

Stock Exchange Of Thailand And Mutual Fund Participants Make Progress In Fund Service Platform

Date 26/09/2016

The Stock Exchange of Thailand (SET) and the alliances in the mutual fund industry have jointly developed a fund service platform to help broaden channel access of mutual fund efficiently. The new system is expected to be launched early next year.

Dubai Financial Services Authority Fines Clements (Dubai) Limited

Date 26/09/2016

The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 85,191 (AED 312,650.97) on Clements (Dubai) Limited (CDL). The fine was imposed following a DFSA investigation conducted in collaboration with the Insurance Authority of the United Arab Emirates (UAE).  The investigation found that, from January 2014 to July 2014, CDL engaged in prohibited insurance activities in breach of DFSA administered Rules.  The fine includes the giving up of commissions earned by CDL from the prohibited activities.

ASMAK To Benefit From Registrar Services At ADX - ADX Expects More National Companies To Join The Registrar Srvices – Al Dhaheri

Date 26/09/2016

Abu Dhabi Securities Exchange (ADX) has announced that it has signed an agreement to provide registrar services with International Fish Farming Holding Company (ASMAK), thus increasing the number of companies benefiting from this service to eight - with a total capital of 5.9 billion Dirhams.

The Amman Stock Exchange Index Quarterly Review

Date 26/09/2016

Mr. Nader Azar the CEO of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE index constituents in purpose of ensuring that the ASE General Price Index reflects the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies using the full market capitalization of the companies and the number of trading days during last quarter. It is worth mentioning that the criteria adopted by the ASE are similar to the international practices applied in this field. These criteria are applied by many leading international index providers.