News Centre

HKEX Temporary Holiday Risk Management Arrangements - Mandatory Intra-Day Variation Adjustment Call In Respect Of The Labour Day

Date 25/04/2019

All markets operated by the Hong Kong Futures Exchange will be closed for business on 1 May 2019. In order to assure that safeguards are in place against potential market risks that may arise during the aforesaid period when some of the major markets are open, the Clearing House has decided to make a mandatory intra-day variation adjustment call on Clearing Participants in the Hang Seng Index, Mini-Hang Seng Index, Hang Seng China Enterprises Index, Mini-Hang Seng China Enterprises Index, HSCEI Dividend Point Index, USD/CNH Futures and CNH/USD Futures markets on Tuesday, 30 April 2019.

Comdex Announces The Successful Completion Of A Settlement On Its New Platform - First-Ever On-Chain Fiat Settlement

Date 25/04/2019

Comdex has announced the successful execution of the  first ever settlement on the Comdex platform in January 2019.  It featured a wheat transaction worth close to $100,000 from Australia to Malaysia using the bespoke developed Comdex settlement and escrow system. Comdex is confident that this is the first ever on-chain fiat settlement in history.

SGX Reports 3Q FY2019 Net Profit Of S$100 Million

Date 25/04/2019

3Q FY2019 Financial Summary

• Revenue: S$229 million, up 3% from a year earlier
• Operating profit: S$118 million, comparable
• Net profit: S$100 million, comparable
• Earnings per share: 9.3 cents, comparable
• Interim dividend per share: 7.5 cents, up by 2.5 cents

All figures are for the year except for figures in brackets, which are for the year earlier, unless otherwise stated. Some figures may be subject to rounding.

Alpima Hires New Sales Heavyweight

Date 25/04/2019

Alpima, the specialist front-office platform for institutional and professional investors, announces the appointment of Matt Johnson as Managing Director of Sales, reporting to IIan Heiman.

Monetary Authority Of Singapore: Update To E-Payments User Protection Guidelines

Date 25/04/2019

The Monetary Authority of Singapore (MAS) has updated the E-Payments User Protection Guidelines (“Guidelines”) to clarify that the Guidelines do not override customers’ instructions to their financial institutions on transaction notification thresholds for e-payments.

Thales Enables The Future Of Digital Payment Innovations With Next-Generation Payment Hardware Security Module - payShield 10K Simplifies Compliance, Improves Operational Efficiency And Offers Stronger Tamper Protection

Date 25/04/2019

Thales, a leader in critical information systems, cybersecurity and data protection, announces the availability of a next-generation payment hardware security module (HSM), payShield 10K, enabling customers to adopt new innovative digital payment technologies easily and securely. The new payment HSM secures digital payments at lower processing costs by using a fraction of the energy. It also streamlines operations and supports the latest standards for real-time payments, open banking and secure remote commerce.

New Analysis Shows Shell And Eni Used Nigeria’s Share Of Oil To Fund Alleged Billion Dollar Bribery Scheme

Date 25/04/2019

New analysis (here and here) has found that oil giants Shell and Eni’s controversial deal for a Nigerian oil licence included unprecedented terms which funded an alleged bribery scheme.  The terms replicated military-rule era “Sole Risk” contracts, and boosted Shell and Eni’s internal valuations of the oil deal enough to justify the companies paying $1.1bn upfront.

Polymetal Starts Trading On AIX – Demand From Local And Regional Investors Higher Than Expected

Date 25/04/2019

The Astana International Exchange (AIX) is pleased to announce that demand in the ordinary shares of Polymetal International PLC (Polymetal) exceeded the expectations, with 1.69 million shares with the value 17.19 million US dollars being placed with investors. As a result, the total traded value on the Astana International Exchange for April 24 was $17.31 million.

BME Posts €31.6 Million Net Profit In The First Quarter

Date 25/04/2019

• The result is 16.5% lower than in the same period the previous year
• Revenue for the first quarter reached €71.5 million, down 9.3% on the year
• Operating costs increased 0.6% in the first quarter but were 6.5% lower than in the preceding one
• The ratio of the revenue not linked to trading volume stands at 124% at the end of March

Tokyo Commodity Exchange’s Application For Regulatory Approval For New Electricity Futures Market Notified In Official Gazette Today

Date 25/04/2019

The Tokyo Commodity Exchange announced today the publication of its application for the trial listing of electricity futures in the official gazette. The application was originally submitted on March 27th to the Ministry of Economy, Trade and Industry and the Ministry of Agriculture, Forestry and Fisheries.