News Centre

EEX Conducts Milestone In Emissions Trading: 1,500th Auction Executed

Date 01/08/2018

Today, the European Energy Exchange (EEX) has successfully conducted its 1,500thprimary market auction for emission allowances. The auction which was held on behalf of Poland comprised a volume of 1,773,500 EUA and cleared at a price of 17.38 €/EUA. In total, 26 bidders took part in the auction.

The UAE’s Securities And Commodities Authority Board Of Directors Approves The Regulatory Controls For Fintech

Date 01/08/2018

• In a meeting chaired by H.E. Sultan Al-Mansoori,
• The SCA Board of Directors approves the Regulatory Controls for Fintech
• The Board issued a directive to regulate the ICOs to be recognized as Securities]
• Responding to the requests to amend the Regulations as to Brokerage for the reduction of the banking guarantee from the Trading and Clearing Member#Approving the Pilot Launch of the qualification project to prepare the UAE students of the Colleges of Technology for employment in the Financial Markets

Singapore To Undergo IMF’s Financial Sector Assessment Programme

Date 01/08/2018

The Monetary Authority of Singapore (MAS) announced today that Singapore will undergo the International Monetary Fund (IMF)’s Financial Sector Assessment Programme (FSAP) this year. The FSAP will assess the resilience of Singapore’s financial sector, the quality of MAS’ regulatory framework and supervision, and capacity of authorities to manage and resolve financial crises. This will be Singapore’s third FSAP assessment.

UK’s Financial Conduct Authority Consults On Rules And Guidance To Improve Conduct And Communications In Payment Services And e-Money Firms

Date 01/08/2018

The Financial Conduct Authority (FCA) is consulting on rules and guidance to improve conduct standards and communications in the payment services and e-money sectors.

DGCX Records Highest Average Open Interest, Surpassing 300,000 Contracts for July

Date 01/08/2018

Building on a record-breaking first half of the year, the Dubai Gold and Commodities Exchange (DGCX) has begun H2 strongly, recording an Average Open Interest (AOI) of 323,477 contracts in July, bringing the AOI for 2018 to an all time high of 304,398 contracts, up 29% from 2017. The overall volumes for the month touched 1,894,155 contracts with a value of USD 38.49 billion, a year-on-year (Y-O-Y) increase of 36%.

Bursa Malaysia Securities Reprimands, Fines And Orders To Strike Off Chan Ling Ern For Misconducts And Violation Of Rules

Date 01/08/2018

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM20,000 and ordered to strike off Chan Ling Ern (CLE) from the Register if she was still a Registered Person of Bursa Securities for misconducts/breaches relating to personal/unauthorised trades in the account of a client (Client A) and misapplication of Client A’s monies.

Shenzhen Stock Exchange: Firmly Implement The Delisting Decision Spirit And Put The Entity Responsibilities For Delisting In Place

Date 01/08/2018

Recently, CSRC issued the Decision on Amending the Opinions on Reforming, Improving and Strictly Implementing the Delisting System for Listed Companies (hereinafter referred to as the Decision). The Decision further perfects the content on forced delisting due to material violation of law. Specifically, it expands the circumstances of forced delisting to include fraudulent share offering and illegal major information disclosure, as well as the material illegal behaviors in the fields related to state security, public security, ecological safety, production safety and public heath safety. This amplifies the effect scope of delisting system and achieves the full coverage and zero blind spot of delisting for major violation of law, fully expressing the concept and resolution of strict comprehensive law-based supervision. Accordingly, the document has profound significance and influence on further improving the basic market functions, enhancing the vitality of market players, boosting investors' confidence, cultivating a rational value investment culture and forming a market ecology that features survival of the fittest and orderly entry and exit.

ETFGI Reports Assets Invested In ETFs And ETPs Listed In Asia Pacific (Ex-Japan) Decreased By 4.53% During June 2018, The Largest Monthly Decrease Since January 2016 Which Had A Decrease Of 9.03%

Date 01/08/2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) decreased to US$176 billion at the end of June 2018. Assets decreased 4.53% from US$184 billion at the end of May, the largest monthly decrease since January 2016 which had a decrease of 9.03%. (All dollar values in USD unless otherwise noted.)

Japan Exchange Group Trading Overview In July 2018

Date 01/08/2018

Japan Exchange Group released Trading Overview in July 2018.

UK’s Financial Conduct Authority Statement On Selling High-Risk Speculative Investments To Retail Clients Following ESMA’s Action On CFD Products

Date 01/08/2018

In June 2018, the European Securities and Markets Authority (ESMA) finalised temporary measures to restrict the sale, marketing and distribution of contracts for difference (CFDs) to retail clients. These measures apply across the EU from today.