News Centre

SWIFT And CSD Community Advance Blockchain For Post-Trade - SWIFT And Central Securities Depositories Join Forces To Demonstrate The Value Of Standards In Distributed Ledger Technology For Securities Markets, Such As Proxy Voting And Digital Assets

Date 16/01/2018

SWIFT and seven central securities depositories (CSDs) have signed a Memorandum of Understanding (MOU) to work together to demonstrate how distributed ledger technology could be implemented in post-trade scenarios, such as corporate actions processing, including voting and proxy-voting.  The group will investigate the types of new products that can be built using it, and how existing standards such as ISO 20022 can support it.

Vontobel Issues First Bitcoin Open End Tracker On NGM Sweden

Date 16/01/2018

Vontobel is the first issuer to offer an open end tracker certificate on bitcoin cryptocurrency on Swedish NGM Exchange. The tracker certificate enables investors to participate in the bitcoin price performance without buying and storing bitcoins digitally. In addition, the tracker makes bitcoin to a securitized financial instrument which can be traded simply and transparently on the Swedish NGM Exchange.

SGX Expands Range Of Daily Leverage Certificates With 7x Leverage

Date 16/01/2018

• First batch of DLCs generated total turnover of S$1.6 billion in less than six months
• A new set of higher leverage DLCs will start trading on 24 January 2018

Taiwan Futures Exchange Monthly Newsletter - January 2018

Date 16/01/2018

Annual trading volume at TAIFEX hit all-time high in 2017 

The annual trading volume at TAIFEX has exceeded 200 million contracts for the fourth year in a row and reached new record high of 265,705,669 contracts in 2017, an increase of 9.94% from 2016. Despite of low volatility in the cash market, active trading in TAIEX options (TXO), TAIEX Futures (TX), Mini-TAIEX Futures (MTX) and Single Stock Futures were major drivers of the impressive performance, with in particular the year-on-year growth of TAIEX options and Single Stock Futures hitting 11.39% and 88.49%, respectively. Meanwhile, the after-hour session launched on May 15 also made a significant contribution to the record volume, with a total of 15,531,432 contracts traded, approximately 5.8% of total volume. 

SGX Consults On Listing Rule Changes Consequential To Code Of Corporate Governance Review

Date 16/01/2018

Singapore Exchange (SGX) is seeking feedback on Listing Rule amendments consequential to proposed revisions to the Code of Corporate Governance. The matters SGX is consulting on are in the consultation paper the Corporate Governance Council launched today after its review of the Code.

Shenzhen Stock Exchange Intensifies Supervision over Year-End Profit Bump Up To Enhance Financial Info Disclosure Quality

Date 16/01/2018

At the turn of the year, Shenzhen Stock Exchange (SZSE) has taken multiple measures to constantly strengthen the supervision over listed companies’ profit bump-up adjustment at the year end. In so doing, SZSE is to improve the quality of listed companies’ financial information disclosure and protect the legitimate rights and interests of investors, especially the minority.

Singapore's Corporate Governance Council Launches Public Consultation To Strengthen Corporate Governance

Date 16/01/2018

The Corporate Governance Council (Council) today released a consultation paper on its recommendations to revise the Code of Corporate Governance (Code). The recommendations aim to support sustained corporate performance and innovation, and strengthen investor confidence in our capital markets.

Amendments To the Rules On Stock Pledge And Repo Transactions By Shenzhen Stock Exchange And CSDS

Date 16/01/2018

With the permission from China Securities Regulatory Commission (“CRSC”), Shenzhen Stock Exchange (“SZSE”) and China Securities Depository and Clearing Corporation Limited (“CSDS”) amended the Measures on Stock Pledge and Repo Transactions and Registration and Clearing (a trial version revised in 2017, hereinafter referred to as the Measures), and released the amended version on January 12, 2018 (hereinafter referred to as the New Measures), which shall take effect as of March 12, 2018.

Japan's Securities and Exchange Surveillance Commission: Recommendation For Administrative Monetary Penalty Payment Order For Market Manipulation Of Shares Of Evolable Asia Corp. By Asset Design Co., Ltd.

Date 16/01/2018

1. Contents of the Recommendation

The Securities and Exchange Surveillance Commission today made a recommendation to the Prime Minister and the Commissioner of the Financial Services Agency that an administrative monetary penalty payment order be issued in regard to market manipulation by Asset Design Co., Ltd. (Corporate Number: 5010001078625, “Asset Design”) pursuant to Article 20(1) of the Act for Establishment of the Financial Services Agency. This recommendation is based on the findings of an investigation into the market manipulation, whereby the following violation of laws and ordinances was identified.

Shenzhen Stock Exchange Releases Replies To Inquiries Of Investors To Further Elaborate On The Application Of Share Decreasing Rules

Date 16/01/2018

On January 12, 2018, Shenzhen Stock Exchange ( “SZSE”) released the Replies to Inquiries of Investors II regarding the Rules on Implementation of Share Decreasing by Shareholders, Directors, Supervisors and Senior Management of Listed Companies as issued by SZSE (“Replies to Inquiries of Investors”) to further explain the issues of market participants’ concern and help them understand relevant provisions on effective share decreasing, ensuring that such decreasing by relevant parties is in compliance with laws and regulations.