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Avelacom Is Launching New Connectivity Options Between North American And Asian Financial Markets - To Prepare For Expected Bursts Of Volatility -The New Link Is Designed To Improve Back-Up System Performance And Meets Two Key Criteria – Geographic Diversity And Reduced Latency

Date 21/10/2020

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is announcing the launch of a new Chicago <> Tokyo back-up route, supporting efforts to ensure robust trading systems among banks, exchanges and trading firms as they prepare for expected volatility in light of the upcoming US election. The new back-up route is geographically diverse from the PC-1 submarine cable system used for most primary routes and has only a 5 millisecond difference in latency compared to the primary connection. This back-up route is therefore the fastest non PC-1 route and best placed to support clients experiencing problems with their primary route.
LuxSE And AIIB Celebrate landmark Sterling issuance

Date 21/10/2020

The Luxembourg Stock Exchange (LuxSE) today marked the listing of the Asian Infrastructure Investment Bank’s (AIIB) latest bond issuance, in the physical presence of Luxembourg Minister of Finance Pierre Gramegna. AIIB’s President Mr. Jin Liquin also attended the event virtually from Beijing. The Ring the Bell ceremony was organised to celebrate the multilateral development bank’s landmark GBP 800 million bond issuance; which is the first Sterling denominated issuance by AIIB to date.

Hong Kong FinTech Week 2020 To Humanise FinTech And Drive Growth

Date 21/10/2020

Invest Hong Kong (InvestHK) today (October 21) revealed details about Hong Kong FinTech Week 2020, which will take place virtually from November 2 to 6. The Week highlights a golden opportunity to humanise fintech to reignite growth, build trust and financially empower society and business in the post-COVID-19 era. A global reset will put people first in the policy-setting agenda worldwide, with Asia emerging as the engine for global recovery. Themed “Humanising FinTech”, the week-long event will explore how fintech can unlock the power of financial services to drive positive impacts for society and business.

EPA Publishes Response To HM Treasury’s Payments Landscape Review - The EPA Challenges The Government’s Changes To The Payments Landscape, Alongside Its Recommendations

Date 21/10/2020

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today published a paper containing the community’s responses to HM Treasury's Payments Landscape Review: Call for Evidence, detailing recommendations on how to ensure the UK’s payments industry becomes progressive, world-leading and secure, and effective at serving the needs of everyone who pays and gets paid.
SGX Welcomes GSUM-Titanland As Accredited Issue Manager

Date 21/10/2020

Singapore Exchange (SGX) is pleased to welcome GSUM-Titanland Capital Pte Ltd (GSUM-Titanland) as a newly accredited Issue Manager for SGX Mainboard listings.

Circular Of Shanghai International Energy Exchange On The Price Limit Update For SC2011

Date 21/10/2020

Shanghai International Energy Exchange has released its Circular on the Price Limit Update for SC2011 as follows:
- The price limit for SC2011 will be updated from ±8% to ±10% since October 28, 2020.
Dubai Financial Services Authority To Host Second RegTech Live Event

Date 21/10/2020

The Dubai Financial Services Authority (DFSA) will be hosting a virtual event on the 10th and 11th of November. The event, “RegTech Live: Driving Compliance through Innovation”, will be held in partnership with the Dubai International Financial Centre Authority (DIFCA).
Genesis Appoints Martin Sreba As Global Head Of Strategic Accounts

Date 21/10/2020

Genesis, the global financial markets software firm has appointed sales and product strategist, Martin Sreba as Global Head of Strategic Accounts.
Low Latency Trading Solutions Vendor Continues Asian Expansion - Chronicle Software Opens Singapore Office To Meet Growing Demand And FX Opportunities

Date 21/10/2020

The changing dynamics of the currency markets in the Asia-Pacific region is driving trading venues and market participants to invest in trading infrastructure to compete. Chronicle Software (Chronicle), a multi-asset low latency trading software provider, has expanded its global footprint with an office in Singapore to serve as an additional local base to support these requirements across the region.
BCCL Launches Bond Issuance System, ePrime, And Welcomes First Bond Issuance With ADBC

Date 21/10/2020

Bond Connect Company Limited (BCCL) is pleased to announce the launch of its new international electronic bond issuance system, ‘ePrime’, on October 20th, 2020. BCCL is also delighted to welcome its first bond issuance on ePrime, on the day of its launch, from Agricultural Development Bank of China (ADBC).