News Centre

Bursa Malaysia To Launch New Organisational Structure To Accelerate Growth And Improve Organisational Effectiveness

Date 21/11/2019

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today announced its plan for an organisational restructure, to be effective on 1 January 2020. The new structure will flatten the organisation and future proof the Exchange in light of the fast-evolving and challenging operational and regulatory landscape.

BME: Izertis To Start Trading On MAB On Monday, 25th November

Date 21/11/2019

• t is the 20th company to list on MAB in 2019
• The company will have a value of 36.2 million euros on its market debut

Next Steps In Transition From LIBOR, Speech By Edwin Schooling Latter, Director Of Markets And Wholesale Policy At The FCA, Delivered At The Risk.Net LIBOR Summit, 2019

Date 21/11/2019

Highlights

• Key next steps in reducing the risks from continued use of the LIBOR benchmark include ending use of LIBOR in new sterling loans from Q3 2020, and making it standard to quote based on SONIA in sterling swap markets.
• The FCA’s Director of Markets and Wholesale Policy describes how LIBOR could cease or fail the Benchmarks Regulation ‘representativeness’ test at end-2021, and how robust contractual fall back triggers can protect market participants from risks in both scenarios.

BME: Mango Registers Its First Commercial Paper Programme With MARF

Date 21/11/2019

MARF, BME’s Fixed Income market, today registered a 200 million-euro new Commercial Paper (CP) Programme from textile group Mango, through its operating company Punto FA. With this new financing tool the company will be able to raise funding in this BME Fixed Income market via the issuance of CPs, which will be placed among professional investors, with nominal per-unit values of 100,000 euros and maturities of up to 24 months .

New Hong Kong Securities And Futures Commission Guidance Addresses Market Misconduct

Date 21/11/2019

The Securities and Futures Commission (SFC) today issued a statement to remind listed companies about their disclosure obligations together with a circular on the conduct expected of asset managers. These measures are part of the SFC’s ongoing efforts to tackle market and corporate misconduct.

BME Clearing Starts Clearing Repo Trades On European Sovereign Debt - Italian, Portuguese, German, French, Dutch And Austrian Sovereign Debt To Be Covered

Date 21/11/2019

BME Clearing, BME’s Central Counterparty (CCP), today started offering clearing of repo trades on sovereign bonds from several European countries, in addition to the clearing of Spanish sovereign debt repo trades that it already offers.

Outlook 2020: Will Fiscal Policy Be A Game Changer For Markets?

Date 21/11/2019

• With limited ammunition remaining for central banks, further support for financial markets will have to come from a reduction in political risks or fiscal stimulus and structural reforms
• Within fixed income, spread products remain attractive despite ongoing political tensions as risk appetite will likely remain supported by global liquidity.
• Short-term outlook for equities remains challenging; however, a fiscal boost would positively impact European equities and cyclicals
• Commodity markets are caught between a softer demand outlook and supply risks
• Emerging market debt will be more likely to benefit from investment inflows than EM equities

Confidence Falls Sharply Across Global Derivatives Market - Significant Fall In The Acuiti Derivatives Sentiment Index As Revenue Growth Slows For The Second Month.

Date 21/11/2019

The outlook for growth among senior executives in the derivatives market slumped last month as volatility and volumes subsided across global markets.

Itiviti Partners With NBTrader To Offer Alternative Path For Order Routing

Date 21/11/2019

Itiviti, a leading technology, and service provider to financial institutions worldwide, has partnered with NBTrader, an independent specialist on the development and supply of trading technologies for the Professional and Private Investor UK market.

EastNets Announces Partnership With Refinitiv To Provide Industryleading AML, Compliance Solution

Date 21/11/2019

EastNets and Refinitiv today announced a partnership to offer enhanced automated access to software and data that enables real-time risk management and improved compliance capabilities to companies at risk of financial crime.