News Centre

HKEX: Exchange Announces The Effective Date Of Unwinding The Delegated Authority To Approve GEM Listing Applications And Publishes Related Changes To GEM Listing Rules

Date 18/10/2019

• Unwinding of the authority to approve GEM listing applications from the Listing Department to the Listing Committee will be effective on 1 January 2020

Dalian Commodity Exchange: Futures Accounting Training To Solve Enterprises’ Financial Pain Points

Date 18/10/2019

With the prosperous development of futures innovation business and the continuous emerging of new business modes like swap and over-the-counter derivatives in recent years, the innovation and breakthrough in futures business have raised new topics and challenges for relevant financial staffs. In this context, Dalian Commodity Exchange (DCE) and the China Capital Market Institute (CCMI) jointly organize the “Commodity Innovation Business and Futures Accounting Training” in the CCMI on September 26-27. Attending the training are financial chiefs of enterprises and relevant business chiefs of futures companies and futures risk management subsidiaries.

Archax Selects R3’s Corda Enterprise Platform For Digital Exchange DLT Infrastructure - Partnership To Revolutionise Post-Trade Space In Financial Markets

Date 18/10/2019

Archax, the London-based institutional digital securities exchange, today announced a partnership with R3, the enterprise blockchain software firm. Under this partnership, Archax will use R3’s Corda Enterprise platform to handle post-trade activities on a distributed ledger.

LSEG Q3 2019 Trading Statement

Date 18/10/2019

• Strong Q3 performance across all parts of the Group – LCH continues to grow strongly in OTC products; FTSE Russell performing well with growth in subscription revenues
• Q3 total income up 12% to £587 million
• On a nine-month year-to-date basis total income up 9% to £1,727 million
• Proposed acquisition of Refinitiv continues to progress:
• Appointment of David Shalders as Chief Integration Officer and member of the LSEG Executive Committee, reporting to LSEG CEO
• Regulatory approvals process and integration planning underway
• Integration Management Office established
• Shareholder circular posting soon with General Meeting scheduled for November 2019
• Transaction remains on track for completion in H2 2020

Acuiti Insight Report: Banks Cut Derivatives Cost Base At Fastest Pace

Date 18/10/2019

More than half of bank respondents reported lower cost bases over the past six months, the latest Acuiti Insight Report has found.

Japan's Financial Services Agency: Typhoon No.19 In 2019 (Hagibis) Information

Date 18/10/2019

For Requests to Financial Institutions

Local Finance Bureaus and the Bank of Japan have requested the relevant financial institutions in the 13 prefectures where the Disaster Relief Act (*) is applicable to deal with the following.

Dalian Commodity Exchange’s 1st Spread Swap Business Completed

Date 18/10/2019

New breakthrough has been achieved in the commodity swap business of Dalian Commodity Exchange (DCE) recently. On September 25, Xiamen Xiangyu Logistics Group Co., Ltd., a subsidiary of Xiamen Xiangyu Co., Ltd., and Xingye Yinxin Capital Management Co., Ltd. conduct the first commodity swap business with spread as the underlying through the General Service Platform of DCE. This is the first spread swap business since its launching by DCE last month.

Moscow Exchange Changes The Tick Size From The 1st Of November 2019

Date 18/10/2019

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 1st November 2019 in the following trading modes:

• Main trading mode Т+ ("Т+2" order book)
• Odd lots trading mode
• Dark pool trading mode
• Equities D — Main trading mode Т+
• Negotiated trading mode(NTM)
• Equities D (NTM) trading mode
• NTM with CCP trading mode

FSB Sets Out Work To Consider Regulatory Issues Of Stablecoins

Date 18/10/2019

The Financial Stability Board (FSB) today published an issues note on regulatory issues of stablecoins.  The paper was delivered to G20 Finance Ministers and Central Bank Governors for their meeting in Washington D.C this week. It responds to the G20 Leaders’ Osaka Declaration, which noted the importance of monitoring developments in crypto-assets and remaining vigilant to existing and emerging risks, and asked the FSB and other standard‑setting bodies to advise on additional multilateral responses as needed.

Shanghai Stock Exchange Amends, Optimizes Rules On Disciplinary Sanction, Review & Hearing

Date 18/10/2019

Recently, the Shanghai Stock Exchange (SSE) has amended the “SSE Implementation Methods on Review” (the Review Methods for short), the “SSE Implementation Methods on Disciplinary Sanction and Regulatory Measures” (the Disciplinary Sanction Methods for short) and the “SSE Detailed Rules on Implementation for Hearing of Self-regulatory Management” (the Hearing Rules), which shall come into force after being released on October 11, 2019.