News Centre

Nasdaq Dubai To Launch Futures On Shares Of ADNOC Distribution And Emaar Malls In Further Market Expansion

Date 12/12/2017

• Market enables investors to take positions on share price movements of the two companies 
• Investors will be able to trade futures on 16 leading UAE-listed companies 

Oslo Børs Upgrades Oslo Connect - Baymarkets Delivers Enhancements Ready For MiFID II And MiFIR

Date 12/12/2017

Oslo Børs, the Oslo Stock Exchange, and Baymarkets Technology AB (Baymarkets), a leading Nordic provider of FinTech and RegTech solutions to the global financial services industry, announced the implementation of the latest upgrades to the Baymarkets OTC system, used by Oslo Connect and developed by Baymarkets, providing Tailor Made derivatives and reporting OTC derivatives transactions. The updates support the changing regulatory requirements demanded by MiFID II and MiFIR which seek to ensure greater transparency and to enhance fairer, safer and more efficient markets.

Colt Significantly Reduces Network Latency Between Tokyo And London - Faster Connectivity For Financial Organisations And Enterprises

Date 12/12/2017

Colt Technology Services today announced it has substantially reduced latency between Tokyo to London financial centres, to less than 159 milliseconds. This network optimisation is part of Colt’s ongoing investment programme in the Colt IQ Network, addressing specific requirements of financial firms and enterprises. The improved latency strongly supports trading strategies that rely on low latency infrastructure to better support investment banks, high frequency trading (HFT) firms, FX related applications, and other financial organisations. Further, it provides enterprises a consolidated services approach whereby they have one supplier for all their network requirements. 

Thomson Reuters Partners With ASTRI To Support the HKMA-ASTRI FinTech Innovation Hub - Partnership Provides Access To Eikon And APIs For ASTRI’s FinTech Development Projects

Date 12/12/2017

Thomson Reuters is partnering with the Hong Kong Applied Science and Technology Research Institute (ASTRI) to help accelerate the development of FinTech innovation by bringing technology, tools and content to the Innovation Hub launched jointly by ASTRI and the Hong Kong Monetary Authority (HKMA).

ASIC Broadens Fintech Cooperation With Canadian Regulators

Date 12/12/2017

ASIC has today announced a Cooperation Agreement with Canadian regulators on fintech cooperation. This agreement expands the existing framework for information sharing and also allows the referral of innovative fintech businesses to and from Canada

Hong Kong's Securities And Futures Commission Highlights Benefits Of Cooperation

Date 12/12/2017

The Securities and Futures Commission (SFC) today issued an updated guidance note highlighting the benefits of cooperating with the SFC in its investigations and enforcement proceedings. 

ASIC’s Regulatory Sandbox Proposal To Remain Unchanged

Date 12/12/2017

ASIC has today released a review of its regulatory sandbox, introduced in December 2016. In the review ASIC proposes to retain class waivers known as the fintech licensing exemption, that allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC had committed to reviewing its fintech licensing exemption following 12-18 months' operation.

Shenzhen Stock Exchange: Strengthening Front-line Supervision And Regulation In Accordance With The Spirit Of The 19th CPC National Congress

Date 12/12/2017

In accordance with the spirit of the 19th CPC National Congress, to uphold the authority of the Constitution and strengthen the trustworthiness and rule of law in the multi-layer capital market, recently Shenzhen Stock Exchange (“SZSE”) and CSDS Shenzhen branch launched a common legal knowledge promotion and education activity online via the Investor Online Communication Platform of p5w.net under the theme of “strengthening SZSE’s role of front-line supervision and regulation in accordance with the spirit of the 19th CPC National Congress”. 

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date November 30, 2017

Date 12/12/2017

At the end of the settlement date of November 30, 2017, short interest in 2,348 Nasdaq Global Market^SM securities totaled 7,455,601,576 shares compared with 7,492,878,677 shares in 2,353 Global Market issues reported for the prior settlement date of November 15, 2017. The end-of-November short interest represents 4.52 days average daily Nasdaq Global Market share volume for the reporting period, compared with 4.10 days for the prior reporting period.

CFTC's Giancarlo Commends SEC Chairman Clayton On ICO Statement

Date 12/12/2017

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo issued the following statement commending Securities and Exchange Commission (SEC) Chairman Jay Clayton’s statement on initial coin offerings:

“I commend SEC Chairman Clayton on his strong statement encouraging professional market participants and the retail investors they serve to recognize risks and legal responsibilities they have regarding cryptocurrencies and initial coin offerings. I have said consistently that virtual currencies are unlike any commodity that the CFTC has dealt with in the past, and I know they pose challenges for the SEC as well. CFTC and SEC staff are in regular communication on these issues. I want to reiterate my previously stated emphasis that market participants should take note that the relatively nascent underlying cash markets and exchanges for bitcoin remain largely unregulated markets over which the CFTC has limited statutory authority. Investors should be aware of the potentially high level of volatility and risk in these markets.”