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Shenzhen Stock Exchange Market Bulletin 19 October, 2015, Issue 21

Date 21/10/2015

Last week, Shenzhen Component Index stood at 11374.8 points after adding 13.9%. SME Index edged up 13.7% to 7710.5 points. ChiNext Index advanced 17.6% to 2449.0 points. Total turnover for stocks and funds on SZSE was US$488.5 billion, or a 329% increase from the week before.

London Stock Exchange Welcomes China Construction Bank

Date 21/10/2015

London Stock Exchange (LSE) today welcomed China Construction Bank Corporation (CCB) in marking the listing of its off-shore RMB bond. The RMB 1 billion bond is the first CCBC off-shore RMB Bond in the London market. The LSE also welcomed China Construction Bank London Branch as a new member of the Exchange.

Bank Of England - People’s Bank Of China Swap Line

Date 21/10/2015

The People’s Bank of China and the Bank of England have today announced that they have signed an agreement to renew the existing reciprocal sterling/renminbi (RMB) currency swap line for a further three years. The maximum value of the swap line has also been increased to RMB350bn to reflect the continuing growth of renminbi trading in London.

OCII Registers A €80 Million Programme With MARF - The First Foreign Company To Issue On MARF

Date 21/10/2015

Dutch company OC International Investments (OCII) has launched a continued Fixed Income Programme on MARF to the value of €80 million, thus becoming the first foreign issuer to seek funding through MARF and the second to access finance via this market’s Fixed Income Programme. 

Bucharest Stock Exchange: International Caviar Corporation Debuted On AeRO

Date 21/10/2015

The representatives of International Caviar Corporation (AMAL) attended the official opening of the trading session of the Bucharest Stock Exchange (BVB), on Wednesday, October 21, 2015, marking the company’s debut on the AeRO market, after the transfer from Rasdaq.

World Federation Of Exchanges: Global Exchanges Publish Position Paper On Key CCP Risk Management, Recovery And Resolution Issues

Date 21/10/2015

• WFE paper points to strong CCP track record of managing market events, noting they are best placed to manage distinct risks within specific markets
• WFE paper notes the benefits of alignment between incentives and interests of CCPs and clearing members
• WFE paper recommends that CCPs shouldn't be subject to standardised skin-in-the-game requirements
• WFE paper says vital that CCPs have flexibility in use of tools as they manage risk in dynamic markets

LCH.Clearnet LLC Appoints Christine Cumming To Board Of Directors

Date 21/10/2015

LCH.Clearnet Group (“LCH.Clearnet”), the global clearing house, yesterday announced that Christine Cumming has been appointed to the Board of Directors of LCH.Clearnet LLC, the Group’s US-based entity. Christine serves as an independent non-executive director and also as a member of the Risk Committee. 

ESMA Publishes Translations Of Its Guidelines On The Application Of Definitions C6 And C7 Under MiFID I

Date 21/10/2015

The European Securities and Markets Authority (ESMA) has published translations of its Guidelines on the application of the definition of commodity derivatives 

Bank Of England Publishes Approach To Stress Testing The UK Banking System

Date 21/10/2015

The Bank of England has today published its approach to stress testing the UK banking system. This approach aims to provide clarity for firms and the wider public about our plans for stress testing for the next three years until 2018.  

Trading Through Smart Phones Up 27% To Date In 2015 To AED 3.3 Billion - DFM Honors Five Brokerage Firms For Introduction Of Trading Via Smart Phone Applications To Their Customers In 2015 - “Mubasher Financial Services” Honored Also As The Most Active Brokerage Company In 2015, Trading Via Smart Phones Category

Date 21/10/2015

Dubai Financial Market (DFM) honored five of its licensed brokerage firms for providing their customers with trading via smart phone applications in 2015, lifting the number of firms that offer this service on DFM to 12 brokerages. The DFM closely collaborates with brokerage firms to provide the service to their customers and actively encourages them to enable investors to trade anytime and anywhere as part of its “Smart Borse” strategy, in line with the vision and directions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai.