News Centre

HKFE: Margin Rates For China Cinda Asset Management Co., Ltd., China Shenhua Energy Co. Ltd., China Evergrande Group, Guangzhou Automobile Group Co., Ltd. And Sunac China Holdings Ltd. After Change Of Contract Multipliers

Date 09/04/2018

Reference is made to the circular (Ref.: MKD/EQD/12/18) dated 23 March 2018 regarding the change of contract multipliers of China Cinda Asset Management Co., Ltd. (“CDA”), China Shenhua Energy Co. Ltd. (“CSE”), China Evergrande Group (“EVG”), Guangzhou Automobile Group Co., Ltd. (“GAC”) and Sunac China Holdings Ltd. (“SUN”) Futures Contracts on 10 April 2018. Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 10 April 2018, the margin levels of the futures contracts shall be as follows: 

Khan Joins RBC Investor & Treasury Services To Lead Growing Real Estate And Private Equity Operations

Date 09/04/2018

RBC Investor & Treasury Services (I&TS), part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Imran Khan as Global Head of Private Capital Services Operations.

HKEX Monthly Market Highlights

Date 09/04/2018

Highlights

- Securities Market

• The average daily turnover for the first three months of 2018 was $146.1 billion, an increase of 97 per cent when compared with $74.3 billion for the same period last year.
• Funds raised through IPOs for the first three months of 2018 was $24.4 billion, an increase of 82 per cent when compared with $13.4 billion for the same period last year.
• Total funds raised for the first three months of 2018 was $112.2 billion, an increase of 78 per cent when compared with $63.0 billion for the same period last year.
• There were 69* newly listed companies for the first three months of 2018, an increase of 73 per cent when compared with 40* for the same period last year.
• On 23 March 2018, turnover was $284.1 billion, the second highest ever.

SET Market Report For March 2018

Date 09/04/2018

The Stock Exchange of Thailand (SET) Index at the end of March rose 1.3 percent from end-2017 but fell 2.9 percent from the previous month to 1,776.26 points, same downtrend direction as the overall regional markets. The average daily trading value of SET and Market for Alternative Investment (mai) in March was up 53.8 percent year-on-year to THB 66.4 billion (USD 2.08 billion).

Dalian Commodity Exchange: Core Clearing Method Remains Unchanged By RMB – Explanation Of Relevant Rules On Ushering In Overseas Traders Of Iron Ore Futures (III)

Date 09/04/2018

To adapt to the international trading practice, overseas clients are allowed to trade iron ore futures with margin in USD. But the core clearing method by RMB will remain unchanged.

AUSTRAC Approve Crypto License For Australia’s First Insured Exchange - Blockbid Granted License To Legally Operate As A Cryptocurrency Exchange, Whilst Further Details For Their Beta Launch Are Released

Date 09/04/2018

Blockbid have become only the third recipients of an AUSTRAC license, meaning they have been granted permission to legally operate as a cryptocurrency exchange, according to Australian law. This is an important stepping stone to becoming an active, worldwide cryptocurrency exchange, whilst further guaranteeing a safe, transparent and compliant platform for crypto investors to trade on.

Volante Technologies Adds Industry Veterans David Mark As Non-Exec Board Member And Harpreet Grewal As Executive In Residence - Expansion Of Leadership Team To Help Drive Volante’s Continued Innovation And Growth In Global Payments

Date 09/04/2018

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages, today announced the appointment of David Mark, Senior Partner and Managing Director at The Boston Consulting Group (BCG), to its Board of Directors. Harpreet (Harp) Grewal, long-time member of the firm’s Board of Directors, takes on an additional role in the firm as Executive in Residence.

Seismic Foundry FinTech Fund Completes Investments For 2017-18 Tax Year

Date 09/04/2018

Seismic Foundry Capital Markets FinTech Fund closed its final investment for the current tax year by acting as lead investor in RegTech start-up, Waymark Tech.

Harmonisation Of Critical OTC Derivatives Data Elements (Other Than UTI And UPI) – Technical Guidance Issued By CPMI-IOSCO

Date 09/04/2018

A new report provides technical guidance to authorities on harmonised definitions, formats and usage of a set of critical data elements for over-the-counter (OTC) derivative transactions reported to trade repositories, excluding the Unique Transaction Identifier (UTI) and the Unique Product Identifier (UPI).

Seismic Foundry FinTech Fund Invests In Capital Markets Focused Chatbot

Date 09/04/2018

The Seismic Foundry Capital Markets FinTech SEIS Fund 2017-18 is excited to announce its latest investment, in LodeStar Ecosystems, a state-of-the-art intelligent advisor platform for the Financial Services Industry. Lodestar’s ‘LodeBot’ application is a personalised Intelligent-Advisor targeted at Brokers, Traders and Asset Managers. The AI platform pulls together information on financial assets from a wide range of internal and external sources and helps users identify the key signals that inform buy and sell decisions that are most relevant to them and their customers.