News Centre

Hong Kong's Securities And Futures Commissio: Market Misconduct Tribunal Finds No Insider Dealing In China Gas Shares

Date 24/03/2017

The Market Misconduct Tribunal (MMT) has handed down its decision that Mr Cheng Chak Ngok , former executive director, chief financial officer and company secretary of ENN Energy Holdings Limited, had not engaged in insider dealing in the shares of China Gas Holdings Limited in 2011.

HKEX To Introduce 5-year China Ministry Of Finance Treasury Bond Futures

Date 24/03/2017

• Offshore markets’ first futures on domestic Chinese government bonds 
• HKEX’s first Mainland-related interest rate derivatives 
• Important addition to risk management tools offered by HKEX

Hong Kong's Securities And Futures Commission Reprimands And Fines Merrill Lynch Far East Limited & Merrill Lynch (Asia Pacific) Limited $15 Million Over Internal Control Failures

Date 24/03/2017

The Securities and Futures Commission (SFC) has resolved its concerns with Merrill Lynch Far East Limited (MLFE) and Merrill Lynch (Asia Pacific) Limited (MLAP) over internal control failures.  Under the resolution, the SFC reprimanded and fined them a total of $15 million for breaches of the Code of Conduct and the Internal Control Guidelines (Notes 1 & 2).

Exchange Council Welcomes The Main Lines Of The European Commission’s Clean Energy Package - Introduction Of Trading Until Delivery In Germany Approved

Date 24/03/2017

EPEX SPOT’s Exchange Council extensively discussed the European Commission’s so-called “Winter Package” and its impact on spot markets at its quarterly meeting. The “Clean Energy Package for all Europeans”, published on 30 November 2016, provides a regulatory framework to reach the climate and energy goals set for 2030. The Exchange Council supports the Commission’s proposals, particularly concerning the reinforcement of competitive, non-discriminatory and market-based energy markets and regarding the further integration of wholesale markets. “From our point of view, a functioning Internal Energy Market delivering meaningful and reliable price signals is the cornerstone to achieve Europe’s climate and energy targets in a secure, cost-efficient and sustainable way,” explains Jean-François Conil-Lacoste, Chairman of the EPEX SPOT Management Board. EPEX SPOT however also suggested several improvements regarding the proposed measures: A further assessment of the financing of the Market Coupling Operator function is needed according to the Exchange. The Council members furthermore discussed the pros and cons of technical price limits on Day-ahead and Intraday markets and see the need for further debate on this issue.

ESMA Sees Increase In Financial Consumer Complaints

Date 24/03/2017

The number of complaints regulators have received in the first half of 2016 by financial consumers has increased, the European Securities and Markets Authority (ESMA) says. ESMA’s recent report on trends, risks and vulnerabilities (TRV) reveals that the total number of complaints reported across the EU was 7,026 in 1H16 compared to 5,152 in 2H15.

Aumann AG IPO On Frankfurt Stock Exchange - Specialised Machine Manufacturer In Prime Standard As Of Today - Placement Volume Of €250 Million

Date 24/03/2017

Aumann AG (ISIN: DE000A2DAM03) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The placement volume of the company was around €250 million.

Newly Launched: ''ETF Basiswissen'' - Positive Feedback From Private Investors On New Event Series Of SIX Swiss Exchange Promoting Basic Knowledge About ETFs

Date 24/03/2017

What does ETF, investment fund and index fund stand for? What is an ETF, after all? And what's the difference between active and passive investments? These questions have been addressed in the first edition of "ETF Basiswissen" which took place on 22 March 2017. The participants received simple and concise explanations about the fundamental benefits of investment funds traded on the exchange. The event at the ConventionPoint was attended by 40 private investors. They were welcomed by Danielle Mair, Senior ETFs & ETPs Sales Manager SIX Swiss Exchange, who gave practical instructions how the product search on the website of the Swiss exchange can be used efficiently.

Euronext Launches CAC 40 Governance Index With Vigeo Eiris

Date 24/03/2017

Euronext and Vigeo Eiris today launched the CAC 40® Governance Index, a thematic index that rates companies in the Paris market’s benchmark CAC 40 index on their corporate governance performance.

New Special Study Of The Securities Markets: Keynote Address, SEC Acting Chairman Michael S. Piwowar, Washington D.C., March 23, 2017

Date 24/03/2017

Thank you, Larry [Glosten], for that kind introduction. I also want to thank you, Merritt Fox, and Edward Greene — the directors of Columbia University's Program in the Law and Economics of Capital Markets — for all that you do to advance informed capital markets regulation. The Program's various projects continue to provide market participants, academic researchers, students, and regulators with valuable resources that are not available elsewhere.

Ontario Securities Commission Seeks Input On 2017-2018 Draft Statement Of Priorities

Date 23/03/2017

The Ontario Securities Commission (OSC) today published for comment its 2017-2018 Draft Statement of Priorities. The Draft Statement sets out the 14 priority areas where the OSC intends to focus its resources and actions in 2017-2018.