News Centre

HKEX To Start Its After-Hours Trading Enhancements On 6 November

Date 12/10/2017

• From 6 November, trading of four most active equity index futures contracts to be extended by more than an hour to end at 1 am the following day 
• Second and third phases of enhancements scheduled for next year 

UK’s Financial Conduct Authority Fines And Bans Wife And Bans Husband Financial Advisor For Lack Of Integrity

Date 12/10/2017

The Financial Conduct Authority (FCA) has banned Mrs Colette Chiesa and Mr John Chiesa from working in financial services for integrity failings. Additionally, Mrs Chiesa has been fined £50,000 for attempting to mislead the FCA during an FCA interview.

Tokyo Commodity Exchange To List Technically Specified Rubber (TSR) Futures In 2018

Date 12/10/2017

The Tokyo Commodity Exchange, Inc. (TOCOM) announced today a planned listing for Technically Specified Rubber (TSR) futures contracts in the middle of the fiscal 2018. The listing is pending regulatory approval from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry.

My Word Is My Bond - A New Era Of Voice And eCommunication Record-Keeping And Surveillance

Date 12/10/2017

“Dictum Meum Pactum” - My Word Is My Bond. The motto of the London Stock Exchange has underpinned the values of the City for generations. In the current era of fast-paced technical and regulatory change, upholding the integrity of our financial markets is no less critical. Although the Exchange’s trading floor itself has become a thing of the past, human interaction is as important to the trading ecosystem now as it was pre-Big Bang. Conversely, the challenge of surveilling such human interaction has increased in line with the expansion of different forms of media from traditional voice, to include mobile, SMS, business social media and instant messaging.

FTSE 250 Celebrates 25th Anniversary

Date 12/10/2017

• Index launched on 12 October 1992
• Combined market capitalisation of more than £450* billion today

TradingScreen Majority Shareholders Initiate Criminal Legal Action Against Giampiero Grandi, Board Chairman, For Misappropriation Of Corporate Assets; Expose Also Numerous Breaches Of Fiduciary Duty To The Board

Date 12/10/2017

Board members and shareholders representing the majority of common shareholders in TradingScreen announced today the initiation of a legal action against TradingScreen Chairman of the Board Giampiero Grandi in response to significant corporate governance breaches occurring since May 2016. Given the seriousness of the offences perpetrated by Grandi, the majority shareholders of TradingScreen have required his immediate suspension from the TradingScreen board and his replacement as an independent board member.

ETFGI Reports Assets Invested In ETFs/ETPs Listed In Canada Have Increased 28.2% In 2017 To Reach A New Record Of US$108 Billion At The End Of September 2017

Date 12/10/2017

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in Canada have increased 28.2% in the first 9 months of the year to reach a new record of US$108 Bn at the end of September 2017, according to ETFGI’s September 2017 preliminary Canadian ETF and ETP industry insights report an annual paid for research subscription service (click here to see the chart for growth in assets).

The October Club Raises £500,000 To Help Transform Care For People With Advanced Multiple Sclerosis

Date 12/10/2017

Today, the October Club announced that more than £500,000 was raised last night at the organization’s 30th anniversary dinner. Held at the iconic Savoy Hotel, The October Club’s annual fundraising dinner drew more than 400 guests. Their charity partner for this very special year was The Multiple Sclerosis Trust and the Club, with monies raised to fund urgently needed care and support to people living with the effects of advanced MS.

Joint Statement Following High-Level RFA Dialogue

Date 12/10/2017

The ASEAN+3 Macroeconomic Research Office (AMRO), the European Stability Mechanism (ESM), and the Fondo Latinoamericano de Reservas (FLAR) convened the 2nd High-level RFA Dialogue on 11 October 2017 in Washington, D.C. The heads of RFAs jointly decided last year to organise such an event annually for policy discussions among RFAs, and between RFAs and the IMF.

Colt Brings Asia’s Major Stock Exchanges Closer With Revamped Low Latency Trading Routes - Introduces Top-Class Connectivity Between HKEX And SGX, As Well As ASX And JPX

Date 12/10/2017

Colt Technology Services today announced further network optimisations to two of the company’s key low-latency routes in the APAC region. Connectivity is available for service now and provided through the company’s private Ethernet-based Colt IQ Network. Latency for the Hong Kong-to-Singapore route has been reduced to approximately 29ms (RTD) going from the Hong Kong Stock Exchange (HKEX) to the Singapore Exchange (SGX). Latency for the Sydney-to-Tokyo route has been reduced to approximately 99ms (RTD) going from the Australian Securities Exchange (ASX) to the Japan Exchange Group (JPX/CC2). For both routes, the latency numbers above currently represent the top tier among all providers.