News Centre

ASX Outlines New Features And Timetable For DLT System To Replace CHESS

Date 27/04/2018

ASX has today released a consultation paper outlining the planned new features and timetable for replacing CHESS with a distributed ledger technology (DLT) solution as the post-trade infrastructure for Australia’s equity market.

Senior Management Changes At Monetary Authority Of Singapore

Date 27/04/2018

The Monetary Authority of Singapore (MAS) today announced the following changes to its senior management team:

Hong Kong’s Securities And Futures Commission: Codes On Takeovers And Mergers And Share Buy-Backs Align With New Listing Regime

Date 27/04/2018

The SFC announces amendments to the Codes on Takeovers and Mergers and Share Buy-backs (the Codes) to bring them in line with the new listing regime for companies from emerging and innovative sectors.

Tokyo Commodity Exchange: Orders Placed At Price Levels Significantly Diverging From Market Conditions

Date 27/04/2018

Orders, placed at the maximum upper or lower SCB (Static Circuit Breaker) levels or close to those levels, or at price levels significantly divergent from the market condition at the time, in a continuously repeated way and/or on an almost constant basis, will be subject to investigation by the exchange. The exchange may interview, etc. the Member, etc. (including orders taken from customers; hereinafter the same) who placed such orders.

Shenzhen Stock Exchange Launches “Safeguarding Rational Investment” Series Investor Education Event

Date 27/04/2018

To implement the CSRC deployment of special activities on investor education named “Upholding Rational Investment”, on April 26, SZSE held the “Safeguarding Rational Investment with You” Series Investor Education Event and Listed Companies’ Investor Exchange Meeting, together with Guangdong Securities Regulatory Bureau, Shenzhen Securities Regulatory Bureau, and the Investor Service Center. Over 200 investor representatives and representatives from member companies, listed companies, and the media attended the meeting. The exchanges themed “smart manufacturing” for SZSE-listed companies and investors were also included in the event, being the first of its kind. The activities presented a favorable image of the capital market in serving the real economy and boosting quality economic development.

Shanghai Stock Exchange, China Securities Depository And Clearing Co. Issue Interim Measures For Transactions, Settlement Of Bonds In Collateralized Tri-party Repo

Date 27/04/2018

In order to improve the multi-level repo market system, better serve the institutional investors, and promote the healthy development of the bond market on the Shanghai Stock Exchange (SSE), recently the SSE and China Securities Depository and Clearing Co. Ltd. (CSDC) issued and implemented the "Interim Measures of SSE and CSDC for Transactions and Settlement of Bonds in Collateralized Tri-party Repo" (the "Interim Measures" for short) based on learning from the mature experience gained by the overseas repo markets and extensively soliciting and absorbing the opinions in the market.

Statement On Motions To Intervene Regarding 5th Circuit Decision Vacating The DOL Fiduciary Rule

Date 27/04/2018

The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association released the following statement today on motions to intervene in order to petition the full Fifth Circuit Court of Appeals to rehear the recent decision vacating the Department of Labor’s fiduciary rule in its entirety:

“The 5th Circuit got it right in its March 15, 2018 opinion striking the DOL fiduciary rule in toto.  We will oppose any motion to intervene in this case at this late stage.”

SIFMA And Partners Make Recommendations For Reversing Decline In IPOs, Expanding America’s Public Capital Markets

Date 27/04/2018

SIFMA, along with a host of partner organizations, issued a new report today offering recommendations for strengthening U.S. public capital markets by helping more companies go and stay public.

Luminex Wins “Best Dark Pool” At 2018 Markets Choice Awards

Date 26/04/2018

Luminex Trading & Analytics LLC, a buy side-owned trading venue delivering efficient, low-cost block executions, has been awarded “Best Dark Pool” at the 2018 Markets Choice Awards, sponsored by Markets Media.

Remarks At MSRB Dinner To Celebrate Milestones In Municipal Market Transparency, SEC Commissioner Michael S. Piwowar , Washington, D.C., April 24, 2018

Date 26/04/2018

Thank you, Lucy [Hooper], for that kind introduction. Thanks also to Lynnette [Kelly] for inviting me to speak at this celebratory event.