News Centre

Monetary Authority Of Singapore: New S$27 Million Grant To Promote Artificial Intelligence And Data Analytics In Financial Sector

Date 15/11/2017

The Monetary Authority of Singapore (MAS) announced details of the new $27million Artificial Intelligence and Data Analytics (AIDA) Grant under the Financial Sector Technology and Innovation (FSTI) Scheme. Mr Ravi Menon, Managing Director of MAS, announced the launch of the grant at the Singapore FinTech Festival yesterday. This new grant aims to promote the adoption and integration of Artificial Intelligence (AI) and data analytics in financial institutions.

Vela Launches Systematic Internaliser Data Hub, Expands MiFID II Solution Suite - Sun Trading Among One Of The First Systematic Internalisers In Vela’s Data Hub Providing Agile Access To MiFID II Venues Through A Single API

Date 15/11/2017

Vela, the premier market access technology provider, today announced the launch of its Systematic Internaliser (SI) Data Hub, part of its comprehensive MiFID II solution suite. Vela also confirms the addition of Sun Trading as part of its roll-out of new Systematic Internaliser venues.

Singapore And Hong Kong Launch A Joint Project On Cross-Border Trade And Trade Finance Platform

Date 15/11/2017

The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) exchanged a Memorandum of Understanding (MoU) in Singapore today to jointly develop the Global Trade Connectivity Network (GTCN), a cross-border infrastructure based on distributed ledger technology (DLT), to digitalise trade and trade finance between the two cities and potentially with an aim to expanding the network in the region and globally. 

ECC Announces Partnership With Allocated Bullion Exchange

Date 15/11/2017

European Commodity Clearing (ECC) and the Allocated Bullion Exchange (ABX) have agreed to cooperate in the field of clearing and settlement. ABX, established in 2011 with its headquarters in Brisbane / Australia, operates the world’s leading exchange platform for spot allocated physical precious metals, offering trading services for gold, silver and platinum contracts. Under the agreement, ECC will provide clearing and settlement services for the international US-Dollar nominated contracts listed on ABX. The related extension of ECC’s service offering is envisaged for 2018 and is subject to final approval by the regulatory authorities.

FIX Trading Community Releases Recommended Practices For Commission Unbundling As Required By MiFID II - Providing Definitive Guidelines To Assist Firms With Unbundling Prior To January 2018

Date 15/11/2017

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today releases Recommended Practices for Commission Unbundling as required by MiFID II.

Volante Technologies And Open Banking Experts Open Vector Announce Partnership - Bringing A Much Needed Rapidly Implementable End-To-End Open Banking Solution To Clients Across The Globe

Date 15/11/2017

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages on premise or as a cloud service, today announced its partnership with Open Vector, an advisory firm specialising in providing open banking consultancy services.

Tokyo Financial Exchange: Launch Of Daily Futures Based On Gold /Crude Oil ETF Index Price

Date 15/11/2017

TFX has decided to introduce Daily futures based on gold bullion ETF Index price and Daily futures based on Crude oil ETF Index price on “Click Kabu 365” market.

SGX Welcomes Xin Hua Securities Limited As Derivatives Trading Member

Date 15/11/2017

Singapore Exchange (SGX) today welcomed Hong Kong-based Xin Hua Securities to its derivatives market as a Trading Member.

Remarks Of CFTC Chairman J. Christopher Giancarlo To The Singapore FinTech Festival

Date 15/11/2017

Introduction

Good morning ladies and gentlemen. Thank you for your kind welcome.

I want to thank Tim Adams for his kind introduction. I am looking forward to sitting down with him and taking your questions after I give these remarks.

It is hard to think of a more timely subject than the one that underpins the Singapore FinTech Festival.

Outcome Of New Zealand's Financial Markets Authority Investigation Into Goldman Sachs NZ Ltd

Date 15/11/2017

The Financial Markets Authority (FMA) has concluded an investigation into certain trading activity by Goldman Sachs New Zealand LTD (GS). The GS investigation was prompted by concerns arising from an investigation into trading by Mark Warminger and Milford Asset Management.