News Centre

Intercontinental Exchange Executives To Testify Before Congress On Central Clearing And Equity Market Structure

Date 23/06/2017

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Chief Financial Officer Scott Hill will appear before the House Agriculture Committee on June 27 to discuss central clearing and systemic risk, and NYSE President Thomas W. Farley will appear before the House Financial Services Capital Markets Subcommittee to discuss equity market structure.

FCA’s BMR Consultation Answers Many Questions, But More Remains To Be Done By All Involved

Date 23/06/2017

Bovill, the international financial services regulatory consultancy, has responded to yesterday’s consultation paper from the FCA on updating its handbook to reflect incoming EU Benchmarks Regulation (BMR). The next and most important phase of the regulation, which will be applicable from 1 January 2018, creates a host of new requirements for administrators, contributors and users of benchmarks. Potentially hundreds of firms could be affected as they will have to create internal systems to govern, control, monitor and record the processes by which they administer, contribute data to or use benchmarks.

Hong Kong's Securities And Futures Commission Clarifies Competence Requirements For Licensees Seeking To Enter Asset Management Business

Date 23/06/2017

The Securities and Futures Commission (SFC) today issued a circular to clarify certain competence requirements for existing licensed persons seeking to be licensed for Type 9 regulated activity (asset management) (Note 1) and to provide further guidance on how the SFC assesses the competence of a corporation or a responsible officer (RO) to carry on asset management activities.

Malawi Stock Exchange Weekly Trading Report - 23 June, 2017

Date 23/06/2017

Click here to download Malawi Stock Exchange's weekly trading report.

HKEX To Introduce CNH- And US$-Traded Gold Futures On 10 July

Date 23/06/2017

• Hong Kong's first pair of physically settled commodity futures
• Contracts comprise Spot Month and next 11 calendar months
• Trading Fee and Commission Levy waived for the first six months of trading

Bursa Malaysia Revamps Participantship Structure For Bursa Malaysia Derivatives Clearing BHD

Date 23/06/2017

Bursa Malaysia Berhad (“Bursa Malaysia”) today announced it has made amendments to the Rules of Bursa Malaysia Derivatives Berhad (“BMD”) and the Rules of Bursa Malaysia Derivatives Clearing Berhad (“BMDC”) in relation to the revamp of the participantship structure for BMDC. This is to enhance the attractiveness and competitiveness of the Malaysian derivatives market and to facilitate market development.

Securities Commission Malaysia Introduces Clearing As A New Regulated Activity

Date 23/06/2017

Securities Commission Malaysia (SC) today introduced amendments to its regulatory framework to include clearing for securities and derivatives as a new regulated activity.

Japan And Australia Cooperate On Fintech

Date 23/06/2017

The Japan Financial Services Agency ('JFSA') and Australian Securities and Investments Commission ('ASIC') today announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia.

The Saudi Stock Exchange Performance Report – First Half 2017

Date 23/06/2017

At the end of the 1st Half 2017 Tadawul All Share Index (TASI) closed at 7,425.72 points, increased by 925.84 points 14.24% over the same period of the previous year. 

Macquarie Securities Pays $505,000 In Infringement Notice Penalty - Statement Pursuant To Regulation 7.2A.15(4) Of The Corporations Regulations 2001

Date 23/06/2017

Macquarie Securities (Australia) Limited (“Macquarie”) has paid a penalty of $505,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”).