News Centre

European Commission Recognised Securities Commission Malaysia’s Audit Oversight Board Requirements

Date 04/08/2016

The European Commission has recognised the Audit Oversight Board (AOB)’s requirements as comparable to that complied by its European Union counterparts for the purpose of transferring audit working papers and other related documents of inspection and investigation. This will facilitate effective cooperation and mutual reliance on each other’s oversight systems.

HKEX Monthly Market Highlights - July 2016

Date 04/08/2016

Highlights

- Securities Market

• The average daily turnover for the first seven months of 2016 was $66.7 billion, a decrease of 47 per cent when compared with $125.4 billion for the same period last year.
• The average daily turnover of CBBCs for the first seven months of 2016 was $6.0 billion, a decrease of 14 per cent when compared with $7.0 billion for the same period last year.
• There were 63* newly listed companies for the first seven months of 2016, a decrease of 9 per cent when compared with 69* for the same period last year.

DIFC: Hawkamah To Host Its 10th Annual Corporate Governance Conference - Conference Held Under The Topic Of ‘Corporate Culture: The Secret Ingredient For Good Governance’

Date 04/08/2016

Hawkamah, the Institute for Corporate Governance at the Dubai International Financial Centre (DIFC) and the first centre specialised in Governance in the GCC, is set to host its 10th Annual Corporate Governance Conference on 8 November at the Armani Hotel in Dubai. The company aims to help regional organisations develop globally recognised corporate governance frameworks.

STOXX Monthly Index News: Markets Recovered From Brexit Shock

Date 04/08/2016

One month after the surprising Brexit vote, stock markets recovered from first shock reactions. The STOXX Global 1800 Index gained 3.54% in July driven by automobiles & parts, basic resources and technology shares. 

Shenzhen Stock Exchange Market Bulletin 1 August , 2016, Issue 26

Date 04/08/2016

China's manufacturing sector posted a slight drop in July due to the flood season and weak demand. The purchasing managers' index (PMI) came in at 49.9 in July, slightly lower than June's 50, according to the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

ENSO And EBS Treasury Partner To Create Leading Hedge Fund Basel III Optimization Platform, New Service Offers Cash And Collateral Movements Through ENSO

Date 04/08/2016

ENSO Financial Analytics (ENSO), a leading portfolio finance and treasury solution for hedge funds, has partnered with EBS Treasury, an award-winning ICAP owned and established Money Market Fund (MMF) platform for the corporate community, to provide cash and collateral movement workflows to ENSO clients. EBS Treasury is powered via Swift Messaging, and by connecting the two platforms, ENSO clients will be able to make money market sweeps and cash movements through EBS Treasury and further optimize counterparty relationships.

PEGAS-CEGH Cooperation Approved By Austrian And German Authorities

Date 04/08/2016

The envisaged cooperation between the Austrian Central European Gas Hub (CEGH) and the Paris-based Powernext has now officially been approved by the Austrian and German competition authorities. In the context of this cooperation, the Austrian CEGH Gas Exchange spot and futures contracts will be operated on the PEGAS platform under the Powernext rulebook and exchange license. The migration of CEGH products to the PEGAS platform will be carried out by the end of November 2016. In addition, the agreement foresees the joint development of the Austrian as well as the Central and Eastern European (CEE) gas markets.

Tokyo Stock Exchange: Termination Of The Calculation Of TOPIX Active In Asia Index

Date 04/08/2016

Calculation of the TOPIX Active in Asia Index will be terminated on August 26, 2016. In line with this termination, provision of Index Information via FLEX and TMI will also be terminated.

Moscow Exchange Announces 2Q 2016 Results

Date 04/08/2016

Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange's diversified business, particularly the Derivatives, Fixed Income and Money Markets.

London Stock Exchange Group: Announcement Of Interim Results For The 6 Months Ended 30 June 2016

Date 04/08/2016

Unless otherwise stated, all figures below refer to continuing operations1 for the six months ended 30 June 2016.  Comparative figures are for continuing operations for the six months ended 30 June 2015 (H1 2015). 

• Continued good financial performance with growth across all core business areas - in particular, in Information Services, including strong results at FTSE Russell, in Capital Markets and at LCH 

• Revenue up 9% to £721.9 million (H1 2015: £663.0 million); total income up 11% to £785.8 million (H1 2015: £705.9 million) 

• Adjusted operating profit2 up 9% at £333.3 million (H1 2015: £305.7 million) as operating expenses remained well controlled while continuing to invest in growth opportunities; operating profit of £199.0 million (H1 2015: £210.5 million) 

• Profit after tax of £114.5 million (H1 2015: £130.8 million) which included non-recurring merger related expenses; and, after accounting for the previously announced tax effects of the Russell IM sale , becomes a loss after tax of £15.9million on a reported basis including discontinued operations (H1 2015: £165.1 million) 

• Adjusted EPS2 up 16% at 57.7 pence (H1 2015: 49.9 pence); basic EPS down 18% to 27.4 pence (H1 2015: 33.4 pence) 

• Interim dividend increased 11.1% to 12.0 pence per share (H1 2015: 10.8 pence per share) in line with our stated dividend policy 

• Strong balance sheet position with leverage reduced to 1.3 x net debt:EBITDA