News Centre

International Forum Of Independent Audit Regulators Published IFIAR Chair’s Update On COVID-19 To Stakeholders

Date 11/05/2020

On May 1, the International Forum of Independent Audit Regulators (IFIAR) released “IFIAR Chair’s Update on COVID-19 to stakeholders.”

Shenzhen Stock Exchange Releases 5 Themed Stock Indexes With SZSE’s Characteristics Including Public Health And Yangtze River 100

Date 11/05/2020

On May 8, SZSE and its wholly-owned subsidiary Shenzhen Securities Information Co., Ltd. ("SSIC") jointly released five themed indexes with SZSE’s characteristics, namely, SZSE Public Health 50 Index, SZSE Yangtze River Economic Zone 100 Index, SZSE Cloud Technology 50 Index, SZSE Biological Medicine 50 Index and SZSE Consumer Electronics 50 Index, to further enrich market indexing investment tools, guide the allocation of resources toward quality assets in SZSE, and provide stronger capital market support and services to pandemic control and prevention, work resumption and achievement of design capacity across the board.

BIS: Effects Of Covid-19 On The Banking Sector: The Market's Assessment

Date 11/05/2020

Key takeaways

• Banks' performance on equity and debt markets since the Covid-19 outbreak has been on a par with that experienced after the collapse of Lehman Brothers in 2008.
• During the initial phase, the market sell-off swept over all banks, which underperformed significantly relative to other sectors. Still, markets showed some differentiation by bank nationality, and credit default swap (CDS) spreads rose the most for those banks that had entered the crisis with the highest level of credit risk.
• The subsequent stabilisation, brought about by forceful policy measures since mid-March, has favoured banks with higher profitability and healthier balance sheets. Less profitable banks saw their long-term rating outlooks revised to negative. And the CDS spreads of the riskiest banks continued increasing even through the stabilisation phase.

UK Financial Conduct Authority Update Following The Prime Minister’s Statement On Sunday 10 May

Date 11/05/2020

We note the Prime Minister’s statement this evening (Sunday 10 May).

Hong Kong Securities And Futures Commission Obtains Disqualification Orders Against Former Directors Of Eganagoldpfeil (Holdings) Ltd

Date 11/05/2020

The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against three former directors of EganaGoldpfeil (Holdings) Ltd (EHL) for their roles in the company's misapplication of funds.

Revision To DIFC Real Property Regulations

Date 11/05/2020

The Dubai International Financial Centre Authority (“DIFC Authority”) has enacted minor amendments to the Real Property Regulations that came into force on 12th November 2018, when the Real Property Law, DIFC Law No. 10 of 2018 was enacted.

Tokyo Commodity Exchange: Good Delivery Material Price Differential For May 2020 Rubber(RSS) Contract

Date 11/05/2020

The price differential of the Good Delivery material for the May 2020 contract month in the Rubber market has be determined as follows,

Pursuant to the provisions of Article 2.2 of the Rubber Delivery Detailed Rules, the price differential between the Good Delivery materials RSS No.3 and the non-standard grade RSS No.4 for the May 2020 contract month shall be -3.0 yen/kg.

Taiwan Futures Exchange Newsletter - May 2020

Date 11/05/2020

TAIFEX will hold the annual shareholders’ meeting at 2:00pm on June 18, 2020. The meeting will be convened in the TAIFEX auditorium on the 6th floor, 100 Roosevelt Rd., Sec 2, Taipei City

Nasdaq Helsinki Launches Premier Segment Within Nasdaq First North Growth Market - New Segment Designed To Raise Investor Visibility And Prepare Companies For A Main Market Listing

Date 11/05/2020

Nasdaq (Nasdaq: NDAQ) announces that Nasdaq Helsinki launches a new Premier segment on the Nasdaq First North Growth Market Finland today. The new segment was first introduced in Sweden in 2009 and supports companies who seek to enhance investor visibility by complying with higher standards than imposed under the regular Nasdaq First North Growth Market rules.

Ideal Prediction Announces Walter Bell As CTO

Date 11/05/2020

Ideal Prediction, the independent trading analysis and data science company for capital markets, has appointed Walter Bell as its Chief Technology Officer.