News Centre

DIFC Courts Memorandum With The Hong Kong High Court Cements China Links

Date 13/08/2018

• DIFC Courts and the Hong Kong High Court sign Memorandum of Guidance to enhance enforcement of cross-border judgments
• Alliance builds on existing memoranda with dispute resolution entities of major Chinese trading hubs

Shanghai Stock Exchange Adjusted Market-Closing Trading Mechanism To Come Into Effect On Aug. 20

Date 13/08/2018

To further maintain the price stability at the market closing stage, the Shanghai Stock Exchange (SSE) has adjusted the market-closing trading mechanism to adopt the call auction for the 3-minute market closing as approved by the China Securities Regulatory Commission and has revised the "SSE Trading Rules" accordingly. Meanwhile, the SSE has accordingly revised the "SSE Measures for Implementation of Shanghai – Hong Kong Stock Connect Business", the "SSE Measures for Management of Stock Trading on Risk Alert Board", the "SSE Detailed Rules on Real-time Monitoring on Abnormal Transactions of Securities" and the "Notice on Relevant Issues of Trading Regulation at Preliminary Listing Stage of New Shares" (Shang Zheng Fa [2015] No. 59 Document). The market-closing trading mechanism and relevant adjustments shall come into effect on August 20, 2018. 

The Saudi Arabia Capital Market Authority Publishes The Draft Rules For Registering For Auditors Of Entities Subject To The Authority's Supervision For Public Consultation

Date 13/08/2018

The Capital Market Authority ("CMA") invited specialists, interested parties and the public to provide their comments and observations on the Draft Rules for Auditors of Entities Subject to the Authority's Supervision ("Draft Rules"), which are available on the CMA’s official website for a period of (30) calendar days from its publication. The CMA assured that all comments and observations received will be taken in consideration for the purpose of adopting the final version of the Rules.

Dalian Commodity Exchange: Benefited From Basis Trading Instead Of Hedging Via Floor Market Large Leading Iron & Steel Enterprises Accelerate Pace Of Taking Part In Futures Trading

Date 13/08/2018

As the futures market’s influence on the iron and steel industry has been growing, basis trading based on futures prices has been promoted in the industry. At the “Signing Ceremony of Basis Trading – Forum on the Basis Trading of Iron & Steel Raw Materials” held by Dalian Commodity Exchange (DCE) and the China Iron and Steel Industry Association on August 6, participants said that basis trading has been a major trend for the bulk commodity trading in contemporary world, as it is able to lock cost or profits and satisfy the flexible negotiation demands of the trading parties.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 12/08/2018

To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here

The Egyptian Exchange (EGX) Launches A Training Program For Economic Journalists To Develop Their Skills Concerning Capital Market Issues

Date 12/08/2018

In cooperation with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ):
 
The Egyptian Exchange (EGX) Launches a Training Program for Economic Journalists to Develop their Skills Concerning Capital Market Issues 

CFTC Commitments Of Traders Reports Update

Date 10/08/2018

In the special announcement of August 3, 2018 ‘Canola Oil’ should be ‘Canola’ as the seed is traded not the oil.

The current reports for the week of August 10, 2018 are now available.

CalPERS Names Michele Nix As New Controller

Date 10/08/2018

The California Public Employees' Retirement System (CalPERS) has named Michele Nix as the pension fund's new controller. Nix will begin at CalPERS on September 10.

Nigerian Stock Exchange Weekly Stock Market Report For August 10th 2018

Date 10/08/2018

A total turnover of 925.630 million shares worth N8.333 billion in 15,565 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.391 billion shares valued at N20.316 billion that exchanged hands last week in 20,064 deals.

Alberta Securities Commission Finalizes Rule Amendments To Facilitate Cross-Border Offerings By Alberta Issuers

Date 10/08/2018

The Alberta Securities Commission (ASC) today published a new rule which will facilitate offerings by Alberta issuers to investors outside Alberta by reducing the regulatory impediments to such offerings. The new rule, ASC Rule 72-501 Distributions to Purchasers Outside Alberta, will take effect on August 31, 2018. It repeals and replaces an existing rule of the same name, which was originally implemented in 1998.