News Centre

SGX: No Changes To STI After Quarterly Review

Date 05/06/2014

Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced today that constituents of the Straits Times Index (STI) will remain unchanged following the conclusion of its quarterly review.

Bursa Malaysia Securities Reprimands, Fines And Orders To Strike Off Two Dealer’s Representatives For Engaging In Unethical/Unlawful Activities/Misconducts

Date 05/06/2014

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, fined and ordered to strike off two former Dealer’s Representatives (DRs), if they were still Registered Persons of Bursa Malaysia Securities, for engaging in unethical/unlawful activities and misconducts that involved front-running activities, pre-arranged/coordinated trades, abuses of clients’ trade information and the undertaking of unauthorised trades in a client’s account.

HKFE Announces Margin Rates For Adjusted Hong Kong & China Gas Futures Contracts

Date 05/06/2014

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 6 June 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in Hong Kong and China Gas Company Limited (HKG) futures contracts will be as outlined in the table below. The margins are based on the clearing company’s normal procedures and standard margining methodology.

Afternoon Auction For German 15-Minute Contracts To Launch This Year - Exchange Council Pleased With Progress Made In Creation Of Pan-European Power Market

Date 05/06/2014

he Exchange Council of EPEX SPOT, at its latest meeting in Leipzig, expressed its support for a new market segment and discussed the current per-spectives in the integration process of European power markets.
Following an internal study and feedback by trading participants, the European Power Ex-change EPEX SPOT will launch an afternoon auction for 15-minute contracts in the German delivery area. These contracts will help fine-tuning portfolios and facilitate trading for scheduled or forecasted intra-hour variations in production and consumption. The auction will take place at 3 pm seven days a week, after the Day-Ahead auction for hourly contracts and in parallel to the opening to the Intraday market.

Aktif Bank Chooses Earthport For Efficient International Payments - Earthport’s Cross-Border Payments Service Will Support Leading Turkish Bank’s Plans For Multi-Currency International Payments Services

Date 05/06/2014

Earthport today announces that Aktif Bank has chosen it to provide international payments transaction services, helping its corporate customers trade internationally and retail customers of its Universal Payment Transfer (UPT) service to make more cost effective cross-border payments.

TriOptima And LCH.Clearnet Members Reduce Notional Outstanding By $114 Trillion Since December 2013 - $302 Trillion Since 2009

Date 05/06/2014

TriOptima, provider of OTC derivative post trade services, today announces that since the resumption of triReduce compression cycles within LCH.Clearnet’s SwapClear service in December 2013, members have eliminated $114 trillion in notional principal. This brings the cumulative total of notional compressed by TriOptima and SwapClear to $302 trillion.

Speech By Song Liping, President And CEO Of Shenzhen Stock Exchange, At The Forum On Promoting The Integration Of Technology And Finance And Leading Innovation-Driven Development

Date 05/06/2014

Chinese President Xi Jinping noted during his recent inspection in Shanghai that we must focus on the pivotal issue of technological innovation, employ scientific innovation as a preemptive tool, grasp the general trend of industrial revolution and drive industrial development with technological innovation. Today, after we visited the East Lake Hi-tech District of Wuhan, we have a more profound understanding of his speech and become more determined to create innovation chains centering on industry chains and improve finance chains with a focus on innovation chains. China has entered the new stage in which innovation is vital to its development. Promoting integration of technology and finance, supporting the development of strategic emerging industries and hi-tech industries and extending services to innovative growth SMEs are of great significance to spurring innovation and e

KLCC Prop & REITS – Stapled Securities Replaces IOI Properties Group In The FTSE Bursa Malaysia KLCI June Semi-Annual Review

Date 05/06/2014

• One new constituent to be added to FTSE Bursa Malaysia KLCI
• Five new constituents to be added to FTSE Bursa Malaysia Mid 70 Index
• Two new constituents to be added to FTSE Bursa Malaysia Hijrah Shariah Inde

UK’s Financial Conduct Authority Says Logbook Lenders Must Raise Standards

Date 05/06/2014

Research published today lifts the lid on how these firms treat their customers. The FCA has found evidence of poor firm behaviour, including little or no affordability checks with some applicants encouraged to manipulate details of their income on application forms.

FTSE Launches Global R/QFII Index Series

Date 05/06/2014

• Range of benchmark choices  will help market participants prepare for possible future inclusion of China A-shares in global benchmarks
• China is second largest equity market in the world
• Further progress still required before A-Shares addition takes place
• Reasserts FTSE’s position as a global leader in China indices