News Centre

GovCoin Systems Implements Social Welfare Payments Distribution Trial For UK’s Department For Work And Pensions

Date 07/07/2016

GovCoin Systems Limited has been named as the London-headquartered financial technology company trialling new technology to support government aims in the distribution of benefits.

BSE DR Live On 4th And 5th July, 2016

Date 07/07/2016

BSE along with ICCL (clearing corporation of BSE) has successfully conducted a 2 day LIVE trading session from its Disaster Recovery Site on 4th and 5th July, 2015.

As Brexit Aftershocks Rattle Global Markets FTSE Mondo Visione Exchanges Index Down 2.2% In June

Date 07/07/2016

Bats Global Markets was added to the FTSE Mondo Visione Exchanges Index on Monday June 20, just days before Britain voted to leave the EU.

Osaka Exchange: Important Matters Concerning The Launch Of The Next J-GATE And The Introduction Of New Products

Date 07/07/2016

Quantitative Brokers Launches New Futures Execution Algorithm - “Closer” To Target Settlement And Cash Close Benchmark

Date 07/07/2016

Quantitative Brokers (“QB”), a leading provider of agency algorithms for futures and fixed income markets, has released Closer, the fifth strategy in its suite of “award winning” best execution trading algorithms. Closer is specifically designed to optimize execution relative to an instrument’s close or settlement price benchmark.

UK's Serious Fraud Office: Convicted LIBOR Manipulators Sentenced

Date 07/07/2016

Four former Barclays Bank plc employees have been sentenced to a total of 17 years in prison following their convictions manipulating US Dollar LIBOR.

Statement From The UK Chancellor And International Investment Banks On London As A World Leading financial Centre

Date 07/07/2016

Joint statement from the Chancellor of the Exchequer, George Osborne, and leaders of international investment banks released on 7 July 2016.

BSE Bond Platform Sets New Record

Date 07/07/2016

The “BSE Bond” platform for private placement of bonds has created a new record with Rs 3700 crores of bids received in the bond issuance of Reliance Jio Infocomm Limited. The issue size was Rs 1500 with a Green Shoe option of Rs 500 crores. The issue was oversubscribed within a few minutes of issue opening.

UK Passport Holders, Wherever They Live, Should Be Liable To Pay - UK Taxes On Their Worldwide Income, Says CISI

Date 07/07/2016

The collection of UK taxes could be simplified, and the load spread more fairly, if we used UK citizenship in addition to UK residency, as the qualifying tests, says the Chartered Institute for Securities & Investment (CISI).

SGX Reports Market Statistics For June 2016

Date 07/07/2016

Securities

• Total Securities market turnover value rose 4% month on month and fell 9% year on year to S$22.5 billion, during 22 trading days compared to 21 in May and 21 in June 2015.
• Securities daily average value (SDAV) was flat month on month and fell 13% year on year to S$1.0 billion. 
• Market turnover value of Exchange Traded Funds (ETFs) was S$265 million, up 36% month on month and up 12% year on year.
• There were 2 new Mainboard listings, raising S$903 million.
• There were 29 new bond listings, raising S$15.7 billion.
• Total market capitalisation value of 763 listed companies stood at S$898.7 billion as at end June 2016.

Derivatives

• Total Derivatives volume was 14.1 million, up 4% month on month and down 35% year on year.
• Equity Index Futures volume was 11.6 million, up 5% month on month and down 42% year on year. 
• FTSE China A50 Index Futures remained the most active contract with volume of 5.1 million, down 7% month on month and down 64% year on year.
• SGX Nifty 50 Index Futures volume was 1.8 million, down 7% month on month and flat year on year.
• Nikkei 225 Index Futures volume was 2.5 million, up 72% month on month and down 6% year on year.
• MSCI India Index Futures volume was 14,952, up 10% month on month and down 73% year on year.   
• Total FX Futures volume was 642,002, up 27% month on month and up 112% year on year.
• SGX INR/USD Futures volume was 604,669, up 29% month on month and 111% year on year.
• SGX USD/CNH Futures volume was 30,598, flat month on month and up 248% year on year.
• Value of cleared OTC SGD Interest Rate Swaps was S$16.5 billion, up 54% month on month and up 133% year on year.