News Centre

New Technical Access For Sell-Side Customers In Bond Trading - Boerse Stuttgart Introduces Innovative Multi-Access Interface - Greater Flexibility And Substantial Reduction In Integration Time And Costs - Latest Future-Proof FIX 5.0 Technology

Date 10/03/2017

The complex secondary market in corporate bonds is characterised by strict regulatory requirements and by a high degree of fragmentation in terms of liquidity. As a result, market participants place numerous, sometimes contradictory, demands on a trading venue that has over 13,000 listed bonds. Boerse Stuttgart has introduced a new technical access that not only facilitates connections to the hybrid market model but also allows sell-side customers to define their own parameters over the entire life cycle of a bond. Thanks to an innovative multi-access interface, they can now communicate proactively and autonomously using different parameters for the same bond. On request, they can also submit orders to the order book of the electronic trading system Xitaro. The interface also ensures that Boerse Stuttgart receives a continuous stream of price information. To ensure that it remains future-proof, the interface was developed with FIX technology, the open, universally compatible standard protocol used in the financial sector. FIX version 5.0 is the most up-to-date market standard in bond trading.

HKEX Welcomes Government Appointments To Its Board

Date 10/03/2017

Hong Kong Exchanges and Clearing Limited (HKEX) welcomes the Government's appointment of Stephen Yiu Kin-wah and the reappointment of Anita Fung Yuen-mei, Rafael Gil-Tienda and Margaret Leung Ko May-yee to its Board of Directors.

Taiwan Futures Exchange Monthly Newsletter - March 2017

Date 10/03/2017

Click here to download TAIFEX’s March Newsletter.

Tokyo Commodity Exchange: Good Delivery Material Price Differential For March 2017 Rubber Contract

Date 10/03/2017

The price differential of the Good Delivery material for the March 2017 contract month in the Rubber market has be determined as follows,

Pursuant to the provisions of Article 2.2 of the Rubber Delivery Detailed Rules, the price differential between the Good Delivery materials RSS No.3 and the non-standard grade RSS No.4 for the March 2017 contract month shall be -3.0 yen/kg.

UK's Financial Conduct Authority Publishes Update To Pension Redress Methodology

Date 10/03/2017

The Financial Conduct Authority (FCA) has today announced proposals for updating the methodology used to calculate the redress owed to consumers who were given unsuitable advice to transfer out of a defined benefit (DB) pension scheme.

Thomson Reuters Files 2016 Annual Report

Date 10/03/2017

Thomson Reuters (TSX / NYSE: TRI) today filed its annual report for the year ended December 31, 2016. The annual report contains audited financial statements, management’s discussion and analysis (MD&A) and other disclosures.

UBS Publishes Annual Report 2016

Date 10/03/2017

The Annual Report 2016 provides comprehensive and detailed information on the firm, its strategy, business, governance, financial performance and risk, treasury and capital management, as well as on the regulatory and operating environment for the financial year 2016. The report contains both audited and unaudited information. As part of ongoing efforts to further improve the value of our financial reports and to improve efficiency, we have reduced the page count in our 2016 Annual report by over 30% on the prior year, primarily by reducing duplicative information but also by making greater use of web based disclosures.

Singapore: Joint Press Release On Measures Relating To Residential Property

Date 10/03/2017

The Government has continued to review conditions in the residential property market. It has determined that the current set of property market measures remain necessary to promote a sustainable residential property market and financial prudence among households.  However, we will make calibrated adjustments to the Seller’s Stamp Duty (SSD) and Total Debt Servicing Ratio (TDSR) framework, with effect from 11 March 2017. 

ASIC Releases New Instrument For Differential Fees

Date 10/03/2017

Following public consultation, ASIC has released a new legislative instrument regarding differential fees, replacing the class order due to expire (‘sunset’) on 1 April 2017.

Consolidated Audit Trail (“CAT”) Clock Synchronization Requirements

Date 10/03/2017

On November 15, 2016, the Securities and Exchange Commission (“SEC”) approved the National Market Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or the “Plan”). Pursuant to the CAT NMS Plan, each national securities exchange and the Financial Industry Regulatory Authority, Inc. (“FINRA”) (each, a “Participant” in the Plan) has filed with the SEC a compliance rule series that requires the Participant’s members to comply with the CAT NMS Plan requirements and, ultimately, to report information to the CAT. The Participants are issuing this alert in anticipation of the SEC’s approval of the Participants’ compliance rule series.