News Centre

LME Consults On Financial OTC Booking Fee And Enhanced Trading Regulations In Support Of Market Fairness

Date 22/11/2017

• Financial OTC booking fee intended to rebalance current fee disparity
• Fee waivers, offsets and discounts proposed based on market feedback
• New rules in respect of third-party platforms to support LME pricing and liquidity
• Technical rules to protect LME pricing and data integrity

Thailand's mai Listed Firms’ Q3 Sales Rise 15%

Date 22/11/2017

• Q3 sales growth soaring 15 percent y-o-y to THB 40.43 billion
• Net profits at THB 594 million, down 57 pct due to extraordinary items
• Financials, Industrials, and Property & Construction among top performer industry groups

HKFE Announces Revised Margins For Futures Contracts

Date 22/11/2017

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Friday, 24 November 2017, the margin levels of the following Futures Contract shall be as follows: 

UK's Financial Conduct Authority Fines Bond Trader £60,000 For Market Abuse

Date 22/11/2017

The Financial Conduct Authority (FCA) has imposed on Paul Walter, a former Bank of America Merrill Lynch International Limited (BAML) bond trader, a financial penalty of £60,090 for engaging in market abuse.

Thomson Reuters Introduces APA Connectivity Solutions For MiFID II Trade Reporting Requirements - Clients Will Be Able To Utilize Thomson Reuters Connectivity For Quick, Seamless, And Customizable Access To The Approved Publisher Arrangement Of Their Choice

Date 22/11/2017

Thomson Reuters has introduced APA Connectivity, an efficient and customizable solution for the financial services industry to comply with trade reporting requirements for Approved Publisher Arrangements (APAs) under MiFID II, set to be implemented on January 3, 2018.    

Simplitium Seeking To Redefine Transparency For Pension Funds Globally - Transparency Provider, Simplitium, Has Launched New Initiative To Explore Enhanced Transparency Services For The Pensions Industry

Date 22/11/2017

Simplitium™, financial services transparency specialist, has successfully delivered reporting solutions to the finance industry for over a decade, significantly improving the transparency of OTC trading and helping firms meet their MiFID II obligations. The company is now looking to extend its remit to the pensions industry.  

ADX Granted Short-Selling License To Al Ramz Capital LLC

Date 22/11/2017

Al Ramz Capital, a subsidiary of Al-Ramz Corporation Investments and Developments PJSC, was granted the Technical Short-Selling License from Abu Dhabi Securities Exchange (ADX), making Al Ramz Capital amongst the first companies to provide such service in the United Arab Emirates. ADX’s implementation of Technical Short-Selling Services is aimed at raising market turnover and attracting more foreign investors participation and improve liquidity and hedging. Technical Short-Selling is the sale of securities which are not owned by the sellers, and it aims to achieve profits through the price variations. Al Ramz strives to bring the highest global market practices to United Arab Emirates, and technical short selling will enhance the company’s product services focusing on superior Customer experiences.

Nasdaq To Deliver Blockchain e-Voting Solution To Strate - South Africa’s Central Securities Depository (CSD) Will Leverage The Solution To Improve Voting Efficiencies And Increase Shareholder Participation In South Africa

Date 22/11/2017

Nasdaq (Nasdaq:NDAQ) and Strate (Pty) Ltd, the South African CSD, announced today an agreement for Nasdaq to deliver a new blockchain solution that would bring electronic voting to the South African capital markets. The solution will allow Strate, in conjunction with key stakeholders in the market, to provide general meeting services and give shareholders an easy, user-friendly and secure tool for voting remotely. The solution is based on the successful proof of concept (PoC) developed for Nasdaq’s Estonia market. In addition, Strate will contribute to the ongoing market development of e-Voting technology.

NSD Sums Up Q3 2017 Results

Date 22/11/2017

• The value of assets in custody grew 13% and reached RUB 38 trillion;
• The value of OFZ balances in foreign nominee accounts increased 52% YoY and reached RUB 2.1 trillion;
• NSD conducted the first transaction using a blockchain platform in Russia and settled commercial bonds;
• 613 shareholder meetings were held using the e-proxy voting technology.

BME: The Latibex Forum Starts Tomorrow

Date 22/11/2017

40 companies and 200 intermediaries and investors will come together the next two days for the 19thedition of this gathering.