News Centre

ESMA Clarifies Treatment Of Packages Under MiFIR’S Trading Obligation For Derivatives

Date 21/03/2018

The European Securities and Markets Authority (ESMA) has issued today an opinion providing further guidance on the treatment of packages under the trading obligation for derivatives which the Markets in Financial Instruments Regulation (MiFIR) introduced on 3 January 2018.

PEGAS Records Its First TTF Option

Date 21/03/2018

PEGAS, the pan-European gas trading platform operated by Powernext, has registered the first trade on its new OTC Options registration service. The trade was a Put on the TTF Summer 2018 contract at a strike price of 17 Euros/MWh, with an Options premium of 0,290 Euros. It was brokered by Marex Spectron and amounted to a total of 527,040 MWh.

ESMA Chair Steven Maijoor On CMU, Brexit And ESA Review – What’s Next?

Date 21/03/2018

Steven Maijoor, ESMA Chair, delivered the opening remarks at the BVI 2018 Annual Reception in Brussels on the evening of 20 March. 

Zimbabwe Government Signs MoU with FinComEco To Deliver FinTech Enabled Economic And Social Reform In Agriculture - Multi-Faceted Mandate Will Support Agricultural Commodity Markets Development And Financing

Date 21/03/2018

The Government of Zimbabwe, under the aegises of the Ministry of Foreign Affairs and International Trade (MoFAIT) and Ministry of Lands, Agriculture and Rural Resettlement (MLARR) and FinComEco, the fully integrated Financial & Commodities Ecosystem (FinComEco) providing services, financing, capacity building and enablement solutions from supply to demand, have signed a Memorandum of Understanding (MoU) to jointly develop a range of platforms, projects and initiatives in the agricultural commodity markets sector in Zimbabwe.

HKEX: Adjustment Of Hong Kong And China Gas Structured Products, Futures And Options

Date 21/03/2018

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment toThe Hong Kong and China Gas Company Ltd (Hong Kong and China Gas) structured products, futures and options to account for Hong Kong and China Gas’ bonus issue.

UK's Financial Conduct Authority Sets Out Its Approach To Supervision And Enforcement

Date 21/03/2018

The Financial Conduct Authority (FCA) has today published its Approach to Supervision and its Approach to Enforcement.

Qatar Stock Exchange Welcomes The Largest Single Country Islamic ETF In The World By Masraf Al Rayan

Date 21/03/2018

• Al Rayan Qatar ETF (QATR) commenced trading today with initial assets in excess of 120 million USD
• Al Rayan Investment will operate the ETF which tracks the price performance of the QE Al Rayan Islamic Index. 
• The ETF has the lowest management fee of any Shari’a-compliant fund globally

Landmark “Finance For FinTech” Report Highlights Growth Ambitions Of UK FinTechs

Date 21/03/2018

• Report produced by LSEG and TheCityUK surveys over 400 fintech companies in eight countries on finance and regulatory needs of sector
• Survey shows UK is a top three market for global fintechs considering raising finance and expanding internationally
• UK-based fintechs overwhelmingly see process of raising public market funding as most straightforward compared to peers
• Highlights UK’s leading position in supporting the global expansion of fintech, offering a unique regulatory and funding environment

Create An Internationally Advanced Innovative Capital Formation Center And Build A World-Class Exchange - Shenzhen Stock Exchange Releases Strategic Development Planning Outline (2018-2020)

Date 21/03/2018

Shenzhen Stock Exchange (SZSE), following the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and earnestly studying the guiding principles of the 19th CPC National Congress, has developed and released the Strategic Development Planning Outline of Shenzhen Stock Exchange (2018-2010) (hereinafter referred to as “the Outline”). The move is a devoted effort to create an internationally leading formation center for innovation capital, build a world-class exchange, and better serve the overall economic and social development. The Outline contains an analysis on the challenges and opportunities SZSE confronts and proposes SZSE’s guiding principles, development objectives and key tasks for the coming three years. This is the first time that SZSE officially announces its strategic planning outline to the public and is aimed at perfecting the top-level design of the market, improving the confidence in market development and gathering the strength of all market participants to promote the stable and sound development of the SZSE multi-tiered capital market.

Hong Kong’s Securities And Futures Commission Reprimands And Fines UBS Securities Asia Limited $4.5 Million In Relation To Facilitation Trading Activities

Date 21/03/2018

The Securities and Futures Commission (SFC) has reprimanded and fined UBS Securities Asia Limited (UBS Securities) $4.5 million for failing to put in place effective controls to record transactions and client consents in relation to its facilitation trading activities.