News Centre

Comment From Daniele Bianchi, Assistant Professor Of Finance Warwick Business School, On How Brexit Will Impact The UK economy

Date 21/06/2016

Commenting on how Brexit will impact the UK economy Daniele Bianchi, Assistant Professor of Finance at Warwick Business School,  said: "On the whole, the negative impact of Brexit on exchanges rates, on the political landscape, and on international trade agreements, will cause short-term damage to the UK economy, which will be unlikely to thrive in the longer run either. 

Finansinspektionen (FI) Swedish Financial Supervisory Authority: Comments About Nordea

Date 21/06/2016

SvD is publishing an article today about information in a memorandum written by FI regarding Nordea’s capital needs. SvD did not receive the memorandum from FI. As a result, the confidentiality assessment that FI is obligated to conduct pursuant to the Public Disclosure and Secrecy Act has not been conducted.

ASIC Finalises Relief To Smooth Transition For Responsible Entities To Implement New Tax System For Managed Investment Trusts

Date 21/06/2016

Following its announcement on 2 June 2016 (refer: 16-176MR), ASIC has granted relief to assist responsible entities of registered schemes to allow them to make changes to their constitutions without holding a members’ meeting to help them smoothly implement the new tax system for managed investment trusts should they make the choice to do so.

Shenzhen Stock Exchange Market Bulletin 20 June, 2016, Issue 20

Date 21/06/2016

China's top securities regulator tightened the scrutiny on IPOs to eliminate any unqualified new share issues by companies. CSRC will particularly look into IPO fraud by companies that attempt to "whitewash" their financial accounts to gain regulatory approval and fail to disclose proper information to investors. Besides, the CSRC also revised the rules for major asset restructuring by listed companies, aiming to better regulate back-door listings and to curb the sometimes feverish speculation surrounding shell companies.

EDHEC: Risk Allocation Strategies Applied To Alternative Risk Factors Could Be More Relevant Than Hedge Fund Replication For Harvesting Alternative Risk Premia

Date 21/06/2016

In a new study entitled “Factor Investing and Risk Allocation: From Traditional to Alternative Risk Premia Harvesting”, drawn from the Lyxor Asset Management research chair on “Risk Allocation Solutions”, EDHEC-Risk extends the analysis of factor investing beyond traditional factors and seeks to investigate what the best possible approach is for harvesting alternative long short-risk premia.

ESMA Calls For Economic Advisors To Join Stakeholder Panel

Date 21/06/2016

The European Securities and Markets Authority (ESMA) has published today a call for candidates for its Group of Economic Advisors (GEA), an expert stakeholder group which assists ESMA's Committee for Economic and Markets Analysis (CEMA).

EEX Exchange Council: Michael Redanz Elected As New Chairman

Date 21/06/2016

On 15 June, the Exchange Council of the European Energy Exchange (EEX) held their second meeting of 2016 in Leipzig. In addition to changes in the staffing of the council, the meeting focused on new products for the Emission Allowance Market as well as changes to the rules and regulations in the context of the Market Abuse Regulation (MAR).

HKEX: Arrangements For Adjustment Of Hengan Structured Products And Options

Date 21/06/2016

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Hengan International Group Company Limited (Hengan) structured products and options to account for Hengan’s spin-off and separate listing of the QinQin Foodstuffs Group (Cayman) Company Limited on HKEX’s securities market by way of a conditional distribution in specie.

First Independent Chinese Issuer Lists ETF On London Stock Exchange

Date 21/06/2016

• Historic fixed income ETF issued by Fullgoal Asset Management
• ETF tracks FTSE China Onshore Sovereign and Policy Bank Bond Index
• ETF also set to list on Borsa Italiana
• China onshore fixed income market is the world’s third-largest bond market
• Cements LSEG’s position as partner of choice for Chinese issuers accessing European capital

HKEX And KRX Sign Non-Binding Letter Of Intent

Date 21/06/2016

Hong Kong Exchanges and Clearing Limited (HKEX) and Korea Exchange (KRX) today (Tuesday) signed a non-binding letter of intent (LOI) to explore the cross-listing of their equity derivatives in each other's market.  The equity derivatives under consideration include, but are not limited to, stock index futures and options and single stock futures and options offered in local currency*.