News Centre

The Saudi Arabian Capital Market Authority Approves The Instructions On The Price Stabilisation Mechanism For Initial Public Offerings

Date 08/08/2018

The Board of the Capital Market Authority ("CMA") issued its resolution to approve the Instructions on the Price Stabilisation Mechanism for Initial Public Offerings (“Instructions”) to be effective from its publication date. The draft Instructions on the Price Stabilisation Mechanism for Initial Public Offerings was made available earlier for public consultation on the CMA’s official website for a period of 30 calendar days.

BIST Venture Capital Fund Awaits Fund Seeking Firm Applications

Date 08/08/2018

The BIST Venture Capital Investment Fund, which has a size of TL 20 million, has been established to make direct capital investments to SMEs and early-stage ventures with a focus on exports, technology and innovation. The fund is looking for fin-tech, information and communication technologies, internet of things, health-tech, artificial intelligence, machine learning, food and agriculture technologies and other initiatives that present technology solutions.

ITG Releases July 2018 U.S. Trading Volumes And Provides International Trading Commission Update

Date 08/08/2018

ITG (NYSE: ITG), a leading independent broker and financial technology provider, today announced that July 2018 U.S. trading volume was 2.7 billion shares and average daily volume (ADV) was 127 million shares, compared to 3.3 billion shares and ADV of 157 million shares in June 2018 and 2.6 billion shares and ADV of 129 million shares in July 2017. There were 21 trading days in both July 2018 and June 2018and 20 trading days in July 2017.

HKEX: Forfeiture Of Unclaimed Interim Dividend For 2012

Date 08/08/2018

Pursuant to the Articles of Association of Hong Kong Exchanges and Clearing Limited (“HKEX”), the unclaimed interim dividend for 2012 will be forfeited and will revert to HKEX on 21 September 2018. 

As provided in HKEX’s Articles of Association, any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX.  Accordingly, HKEX’s interim dividend for 2012 of HK$1.85 per share, payable on  21 September 2012 and remaining unclaimed on 21 September 2018, will be forfeited and will revert to HKEX.  

Market Leader INTL FCStone Leverages Paxos Technology To Automate Precious Metals Trade Confirmations - Live Production Of Paxos Confirmation Service Marks A First For The Precious Metals Industry

Date 08/08/2018

Paxos, a financial technology company and the first blockchain-powered trust announced that INTL FCStone Inc.'s (NASDAQ: INTL) London-based subsidiary, INTL FCStone Ltd's Precious Metals Division, is now using Paxos Confirmation Service, a tool built specifically for the post-trade needs of the precious metals market. The new technology automates trade confirmations, reducing errors and securing instantaneous reconciliation. INTL FCStone will use Paxos Confirmation Service to confirm all of the thousands of trades it executes daily for the division.

HKEX Condensed Consolidated Financial Statements For The Six Months Ended 30 June 2018 (Unaudited)

Date 08/08/2018

Click here to download condensed consolidated financial statements  for the six months ended 30 June 2018.

Eze Software Bolsters Systematic Trading Support With Trade Informatics’ START - Automated Engine Helps Optimize Trading Costs And Operational Efficiency

Date 08/08/2018

Eze Software, a global provider of investment technology, has expanded its best execution offering with Trade Informatics’ (TI) Strategic & Tactical Analytic Research & Trading tool (START), a broker neutral automated intelligent trading engine. Backed by TI’s advanced pre-trade transaction cost analytics, START helps firms align investment and trading strategies and seek out better execution opportunities across brokers’ direct market access routes and dark pools. The engine’s broker-neutral, logic-based trading aims to improve performance, manage costs, and allow control of and transparency into the execution strategy.

Presentation By HKEX Chief Executive Charles Li And Group Chief Financial Officer John Killian On 2018 Interim Results Announcement

Date 08/08/2018

1H 2018 – Key Highlights   

• Record half-yearly revenue of $8.2bn (+32% YoY) and PAT of $5.0bn (+44% YoY)  
• Strong growth in trading volumes: Cash Market headline ADT +67% YoY, Futures and Options ADV +58% YoY, LME chargeable ADV +11% YoY 
• Listing of the first WVR company and pre-revenue Biotech companies under the new regime (effective on 30 April); reached consensus with Mainland exchanges on the inclusion of WVR companies in Stock Connect Southbound trading 
• Stock Connect continued to gather momentum after expansion of the daily quota in May and inclusion of A shares in MSCI-Emerging Market Index in June 
• Celebrated the first anniversary of Bond Connect with growing market participation; PBOC announced a package of new measures to support development of Bond Connect 
• Maintained prudent cost management while investing in strengthening platform and infrastructure capabilities.  Innovation Lab was established to explore the increased use of emerging technologies 

Thomson Reuters Reports Second-Quarter 2018 Results

Date 08/08/2018

Thomson Reuters (TSX/NYSE: TRI) today reported results for the second quarter ended June 30, 2018 and reaffirmed its full-year 2018 outlook provided on May 11, 2018. The company also announced that its planned sale of a 55% interest in its Financial & Risk (F&R) business to private equity funds managed by Blackstone is expected to close early in the fourth quarter of 2018.

Warsaw Stock Exchange Monthly Statistics For July 2018

Date 08/08/2018

Warsaw Stock Exchange Monthly Statistics for July 2018 is now available:

For Main Market Statistics click here
For NewConnect Alternative Market Statistics click here
For Catalyst Bond Market statistics click here
For Derivatives Statistic click here