News Centre

Re-Appointments To The Monetary Authority Of Singapore Board Of Directors

Date 28/05/2019

The Monetary Authority of Singapore (MAS) announced that Mr Lim Hng Kiang, Special Advisor, Ministry of Trade and Industry, has been re-appointed as member and Deputy Chairman of the MAS Board, for a further term of three years.

Japan's Financial Services Agency: Administrative Action Against Nomura Holdings, Inc. And Nomura Securities Co., Ltd.

Date 28/05/2019

1.  According to the Article 57-23 report request order based on the Financial Instruments and Exchange Act (“FIEA”) and its report submission by the Nomura Holdings, Inc. (Address: Chuo City, Tokyo / Japan Corporation Number: 7010001034881 / hereinafter referred to as “NHI”) and the investigation result from the NHI Audit Committee conducted by a special investigation team including external professionals, the FSA found significant inadequacies at NHI and the Nomura Securities Co., Ltd. (Address: Chuo City, Tokyo / JCN: 6010001074037 / hereinafter referred to as “NSC”) as follows:

Hong Kong's Securities And Futures Commission Bans Wong Ka Hang For Nine Months

Date 28/05/2019

The Securities and Futures Commission (SFC) has banned Mr Wong Ka Hang from re-entering the industry for 9 months from 28 May 2019 to 27 February 2020.

Exablaze Names Former Deutsche Bank MD Tak Sugahara As Global Head Of Sales

Date 28/05/2019

Tak Sugahara, having left Deutsche Bank, has joined Exablaze as Managing Director, Head of Global Sales. Sugahara will be based in New York and comes at a time of major global expansion for the company. The leading global provider of ultra-low latency network devices is also announcing a new Manhattan office in Midtown, to complement its Sydney, London and Shanghai presences, along with a raft of new hires in London and New York.

Dalian Commodity Exchange Revises Measures For Designated Delivery Warehouses’ Management

Date 28/05/2019

To strengthen management on delivery warehouses and smoothen the delivery process, Dalian Commodity Exchange (DCE) issued the notice on revising the Measures for Designated Delivery Warehouses Management of Dalian Commodity Exchange (the Measures for short) on May 20.

Moscow Exchange Partners With Avelacom To Expand Its Presence In Asia And The Middle East

Date 28/05/2019

Moscow Exchange has facilitated connectivity options for professional market participants and their clients from Asia and the Middle East. In collaboration with Avelacom, it has deployed new Points of Presence (PoPs) in the most sophisticated and largest data centers in Hong Kong, Singapore, Shanghai, Dubai and Mumbai. Market participants have received high speed access to MOEX’s markets without the need to build extra infrastructure and pay for low latency network connection to Moscow.

FSB Updates G20 On Its Work Related To Cyber Incident Response And Recovery

Date 28/05/2019

The Financial Stability Board (FSB) today published a progress report on its work on developing effective practices for financial institutions’ response to, and recovery from, a cyber incident, which it has delivered to G20 Finance Ministers and Central Bank Governors ahead of their meetings in Fukuoka on 8-9 June.

Shenzhen Stock Exchange: SME Board's 15th Birthday

Date 28/05/2019

May 27 was the fifteenth birthday of the SME board. After its establishment and growth in the past 15 years, the SME Board has gradually become an important part of China's multi-tiered capital market, an important engine for SME development and a gathering place for leading companies in sub-sectors.

Dalian Commodity Exchange Holds Training On Commodity Trading & Market Making

Date 28/05/2019

On May 17, the “Practical Training on Commodity Trading & Market Making in Shanghai” was successfully held by Dalian Commodity Exchange (DCE) in Shanghai. Attending the training were 40 people including CROs, traders and researchers from futures companies and risk management subsidiaries. They’ve engaged in a simulation on trading and market making business and summarized and shared best practices in the international markets, with a view to boost the development of the market making business in China.

London Cedes World’s Financial Centre Status To New York As Brexit Worries Weigh On The City

Date 28/05/2019

• New York regains title of the world’s financial hub over London  
• Confidence in Hong Kong’s financial future continues to rise as Brexit continues to cast a shadow over the City  
• Global complexities - both political and technological - are affecting regulatory compliance in the sector