News Centre

RSRCHXchange Adds Analyst Interaction Functionality To Its Research Marketplace - New Functionality Includes The Ability For Research Providers To Book And Sell Meetings, Calls, Webinars And Events

Date 18/07/2018

As the global market for investment research continues to unbundle post MiFID II, RSRCHXchange has built upon its strength as an aggregator and marketplace for written research by adding a suite of functionality for other research services. 

Shenzhen Stock Exchange Launches Bond Pledge-style Tri-Party Repo Business

Date 18/07/2018

On July 13, 2018, Shenzhen Stock Exchange (hereinafter as “SZSE”) and China Securities Depository and Clearing (hereinafter as “CSDC”) officially released the Provisional Measures on Bond Pledge-style Tri-party Repo Transactions and Settlement (hereinafter as the “Provisional Measures”) to further improve the mechanism for repo transactions and relevant services to market participants. Meanwhile, to elaborate on and specify relevant matters in the Provisional Measures, SZSE also published the Guidelines on Bond Pledge-style Tri-party Repo Transactions (hereinafter as the “Guidelines”), providing some guidance on participating in tri-party repo transactions to relevant market players. Relevant rules shall take effect as of July 30, 2018.

SGX Welcomes Koufu Group Limited To Mainboard

Date 18/07/2018

Singapore Exchange (SGX) today welcomed Koufu Group Limited to its Mainboard under the stock code “VL6”.  

Shanghai Stock Exchange And Shenzhen Stock Exchange Make Corresponding Arrangement For The Adjustment Of Underlying Stocks For Southbound Trading Under The Stock Connect

Date 18/07/2018

The mainland-Hong Kong Stock Connect mechanism has been running smoothly and orderly since its launch. It has promoted the cooperation between and development of the two markets and earned positive review from the market. As of the end of June 2018, the aggregate transaction amount of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect was CNY11.67 trillion. The aggregate northbound transaction amount for the Shanghai Connect was CNY4.96 trillion, the average daily turnover was CNY5.897 billion, and the accumulated net inflow was CNY281.059 billion. The aggregate northbound transaction amount for the Shenzhen Connect was CNY1.94 trillion, the average daily turnover was CNY5.324 billion, and the net inflow was CNY226.639 billion. The southbound transaction amount for both of the Shanghai Connect and Shenzhen Connect was CNY4.77 trillion, with an average daily turnover of CNY7.315 billion and a cumulative net inflow of CNY695.13 billion. Since its opening, the eligible stocks for southbound trading under the Shanghai-Hong Kong Stock Connect continues to increase, from 268 at the time of opening to the current 317, and the number of underlying stocks for southbound trading under the Shenzhen-Hong Kong Stock Connect has increased from 417 at the time of opening to 462 at present.

New Zealand's Financial Markets Authority: Customers Not The Focus Of Replacement Business At Large Insurers

Date 18/07/2018

The Financial Markets Authority (FMA) is considering regulatory action against three large financial institutions or qualifying financial entities (QFEs) following a review of insurance replacement business practices.

Shenzhen Stock Exchange Holds A Symposium For VC Institutions

Date 18/07/2018

On July 13, SZSE organized a symposium to listen to the opinions and suggestions of VC institutions on the recent economic situation, industry development, stable operation of the capital market and SZSE’s work. The partners from more than 10 VC institutions such as Shenzhen VC, Qianhai FOFs, Fortune VC, Pine VC and SAIF attended the symposium to discuss serving of the innovation-driven development strategy, deepening of the ChiNext reform and proactive prevention of risks. SZSE will work with all market players to promote the long-term healthy and stable development of a multi-tiered capital market to strive to build a vibrant innovation capital ecosystem.

HKEX And Mainland Exchanges Agree On Adjusting Inclusion Arrangements For Eligible Securities Under Stock Connect’s Southbound Trading

Date 18/07/2018

The Stock Exchange of Hong Kong, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), reached a consensus yesterday (Tuesday) with the Shanghai and Shenzhen stock exchanges on adjusting the inclusion arrangements for eligible securities for Stock Connect’s Southbound trading.  This followed a productive meeting of the three exchanges. 

Semi-Annual Performance Of Shenzhen Stock Exchange-Listed Companies Continues To Grow In 2018

Date 18/07/2018

As of July 15, 2018, up to 1896 SZSE-listed companies have disclosed 2018 semi-annual performance forecasts, accounting for 89.6% of the total. The disclosed forecasts show that the semi-annual performance of SZSE-listed companies increases steadily in 2018, with many highlights demonstrated. Steady performance lays solid foundation for stable market operation and provides strong support for high-quality development of the real economy.

SIP Operating Committees Welcome Three New Advisory Committee Members - Charles Schwab’s Chris Nielsen, E*TRADE Financial’s W. Todd Watkins And TD Ameritrade’s Matt Billings Bring Additional Retail Investor Perspective To Advisory Committee

Date 18/07/2018

The Securities Information Processors’ (SIPs’) Operating Committees today announced the addition of three new members to the Advisory Committee. 

SIFMA Statement On Randal Quarles Confirmation To A Full Term On Federal Reserve Board

Date 17/07/2018

SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO on the confirmation of Randal K. Quarles for a full 14-year term on the Federal Reserve Board:

“SIFMA congratulates Randal Quarles on his confirmation to a full term as a Federal Reserve governor. Randy’s legal, business and government experience make him eminently qualified to be the Fed’s first Vice Chairman for Supervision.”