News Centre

Hong Kong's Securities And Futures Commission: Court Orders Qunxing And Former Directors To Compensate Investors Over Disclosure Of False Or Misleading Information

Date 07/02/2018

The Court of First Instance (CFI) has granted orders sought by the Securities and Futures Commission (SFC) in its proceedings against Qunxing Paper Holdings Company Limited (Qunxing), its former chairman and vice-chairman – Mr Zhu Yu Guo and his son, Mr Zhu Mo Qun – as well as its subsidiary Best Known Group Limited, (collectively the defendants) to compensate investors who subscribed for Qunxing shares in its initial public offering or purchased them in the secondary market between 2007 and 2011.

ASIC: Charges Laid Against Former FX Trader

Date 07/02/2018

Former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Bronte NSW, has been charged with 85 offences under s184(2) of the Corporations Act 2001 in respect of using his position as an employee dishonestly with the intention of directly or indirectly gaining an advantage for himself. Mr Donaldson's charges were first listed before Sydney's Downing Centre Local Court on 6 February 2018.

Dalian Commodity Exchange: Iron Ore Futures Approved To Be A Specified Futures Product For Internationalization

Date 07/02/2018

The China Securities Regulatory Commission (CSRC) organized a regular press conference on February 2. At the conference, it approved iron ore futures of Dalian Commodity Exchange (DCE) as a specified domestic futures product to allow  foreign participation.This marks the beginning of the count down to the opening up of this futures market.

Shanghai Stock Exchange Holds Briefing On Listed Companies’ Cash Dividend Distribution

Date 07/02/2018

The Shanghai Stock Exchange (SSE) organized 5 listed companies, Yang Quan Coal Industry (Group) Co., Ltd., Harbin Dongan Auto Engine Co., Ltd., Aucma Company Limited, Xi'an Typical Industries Co., Ltd. and Luenmei Quantum Co., Ltd. for a briefing on cash dividend distribution at the trading hall on the afternoon of February 5. Over 50 persons attended the briefing, including persons in charge of these 5 companies, reporters of Xinhuanet.com, CCTV Finance & Economics, Shanghai Securities News and other media, well-known industry analysts, representatives of institutional investors and small-and-medium investors, and representatives of the Investment Service Center. Xinhuanet.com, CCTV Finance & Economics and SSE Roadshow Center made live broadcast of the briefing.

S&P Dow Jones Indices’ Consultation Results Regarding Continuous Listing Standards

Date 06/02/2018

S&P Dow Jones Indices (“S&P DJI”) has conducted a consultation with members of the investment community on Continuous Listing Standards for U.S.-listed Exchange Traded Products (“ETP”).

Credit Suisse AG Announces Event Acceleration Of Its Daily Inverse VIX Short Term ETNs

Date 06/02/2018

Credit Suisse AG (“Credit Suisse”) today announced the event acceleration of its VelocityShares™ Daily Inverse VIX Short Term ETNs (“XIV”) due to an acceleration event. The acceleration date is expected to be February 21, 2018.

NZX To Adjust NZ Milk Price Options Exercise Price Interval

Date 06/02/2018

NZX will adjust the NZ milk price options minimum exercise price intervals to NZD 5 cents from NZD 10 cents, effective 8 March 2018.

Digital Currency Exchange Adds Two New Execs, Turns To Institutions

Date 06/02/2018

Independent Reserve, the Australian Digital Currency exchange, has added two executives to its senior management team as the company turns its attention to its growing stable of institutional and SMSF clients.

Written Testimony Of CFTC Chairman J. Christopher Giancarlo Before The Senate Banking Committee, Washington, D.C. February 6, 2018

Date 06/02/2018

Introduction: Virtual Currency

Thank you, Chairman Crapo, for the invitation to testify before the Committee. Thank you, Ranking Member Brown, and all the members of the Committee for this opportunity to discuss virtual currencies.

Office Of The Comptroller Of The Currency: Comptroller Statement On Meeting With the Acting Director Of The Consumer Financial Protection Bureau

Date 06/02/2018

Comptroller of the Currency Joseph M. Otting today issued the following statement after meeting with Mick Mulvaney, Office of Management and Budget Director and Acting Director of the Consumer Financial Protection Bureau (CFPB).