News Centre

HKFE Announces Revised Margins For Futures Contracts

Date 27/07/2017

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 Tuesday, 1 August 2017, the margin levels of the following Futures Contracts shall be as follows: 

Malaysia’s First Green Sukuk Under Securities Commission Malaysia’s Sustainable Responsible Investment Sukuk Framework

Date 27/07/2017

Securities Commission Malaysia (SC) today announced the issuance of Malaysia’s first green sukuk – an innovative channel to address global funding gaps in green financing - under its Sustainable & Responsible Investment (SRI) Sukuk framework.

IOSCO Publishes Thematic Review Of Client Asset Protection Recommendations

Date 27/07/2017

The Board of the International Organization of Securities Commissions (IOSCO) today published its Assessment Committee’s Thematic Review of the Adoption of the Principles set forth in IOSCO’s Report: Recommendations Regarding the Protection of Client Assets (the Principles). 

LiquidityBook Names Andy Carroll Chief Architect - Technology Veteran And Twitter Alum Becomes Third Senior Hire In As Many Months

Date 27/07/2017

LiquidityBook today announced the appointment of industry veteran Andy Carroll as Chief Architect. Mr. Carroll, who will report to CTO Shawn Samuel, will be responsible for the technology architecture of the firm’s SaaS-based platform. He is LiquidityBook’s third major hire in as many months, joining Head of Technical Sales Les Vital and EMEA Client Services Manager Nicholas Thompson, both of whom joined from Eze Software Group.

SGX Reports FY2017 Net Profit Of S$340 Million

Date 27/07/2017

FY2017 Financial Summary

• Revenue: S$801 million, down 2% from a year earlier
• Operating profit: S$402 million, down 2%
• Net profit: S$340 million, down 3%
• Earnings per share: 31.7 cents, down 3%
• Proposed final dividend of 13 cents and total dividend of 28 cents, unchanged

Court Convicts Licence Applicant For Providing Hong Kong's Securities And Futures Commission With False Information

Date 27/07/2017

The Eastern Magistrates’ Court today convicted Ms Yan Ching Ching after she pleaded guilty to three counts of making false or misleading representations in support of her licence application to the Securities and Futures Commission (SFC).

NEX Data Launches The ‘EBS FX Benchmarks’

Date 27/07/2017

NEX Data, a NEX Group business which delivers independent market intelligence and price information for OTC data, announces today the launch of the ‘EBS FX Benchmarks’, a series of 30-minute FX fixings. The new fixings went live on 26 July 2017 and enhance the variety of global benchmarks available, bringing increased transparency to all FX market participants.

Bank Of England: Appointment Of Chief Operating Officer And Deputy Governor For Markets And Banking

Date 27/07/2017

​Press release

CESC Index Report For June

Date 27/07/2017

Highlights

• Mainland A shares outperformed Hong Kong stocks in June, with CES A80 up 4.7 per cent, and CES SCHK100 up 1.7 per cent 
• Overseas-listed Mainland tech stocks were highly sought after. CES P Elite rose 3.2 per cent 
• Macau’s gaming sector expanded at the fastest rate since February 2014. CES G10 surged 2.7 per cent 
• HKEX appointed CESC to explore a tradable cross-border Belt & Road Index with good representativeness 
• With help from the Connect programme, Mainland A shares were accepted by MSCI for one of its key indices 
• Ministry of Finance announced plans to issue RMB-denominated and USD-denominated bonds by year-end 

The Future Of LIBOR, Speech By Andrew Bailey, Chief Executive Of The UK Financial Conduct Authority, At Bloomberg London

Date 27/07/2017

Highlights

• Andrew Bailey examines important questions about the future of LIBOR.
• While significant improvements have been made to LIBOR since April 2013, the absence of active underlying markets raises a serious question about the sustainability of the LIBOR benchmarks that are based upon these markets.
• Panel bank support to sustain LIBOR until end-2021 will enable a transition that can be planned and executed smoothly.
• Work must begin in earnest on planning the transition to alternative reference rates that are based firmly on transactions.