News Centre

Hong Kong's Securities And Futures Commission: Licence Applicant Convicted Of Providing False Information To SFC

Date 28/04/2016

The Eastern Magistrates’ Court today convicted Mr Chiu Sing Ho of making false or misleading representations in his two licence applications to the Securities and Futures Commission (SFC).

HKEX: Poll Results Of The 2016 Annual General Meeting And Changes In Directorate

Date 28/04/2016

At the Annual General Meeting of Hong Kong Exchanges and Clearing Limited (“HKEX”) held on 28 April 2016 (“AGM”), a poll was demanded by the Chairman for voting on all proposed resolutions as set out in the notice of AGM dated 23 March 2016 (“AGM Notice”).

Millennium Exchange Release 9.1 Oslo Børs – Timeline

Date 28/04/2016

HKFE Announces Revised Margins For Futures Contracts

Date 28/04/2016

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 3 May 2016, the margin levels of the following Futures Contracts shall be as follows:

LME Announces Launch Of LMEshield - First Warehouse Receipt Issued

Date 28/04/2016

The London Metal Exchange (LME) today announces the successful launch of LMEshield, the new electronic warehouse receipt system for the global commodities market. The first receipt was issued by Henry Bath & Son Ltd on behalf of BNP Paribas Arbitrage SNC.

CME Group Inc. Reports Strong First-Quarter 2016 Financial Results

Date 28/04/2016

• Total average daily volume reached a record 16.9 million contracts in first-quarter 2016, achieving quarterly records in energy, total options and electronic options
• Record first-quarter 2016 revenue of $934 million increased 11 percent compared with first-quarter 2015
• Record first-quarter 2016 adjusted net income and record adjusted diluted earnings per share increased 18 percent and 17 percent, respectively

Energy Trading Software Merger Faces In-Depth Investigation - Intercontinental Exchange’s Acquisition Of Trayport Faces Being Referred For In-Depth Investigation By The CMA

Date 28/04/2016

Intercontinental Exchange’s completed acquisition of Trayport faces being referred for an in-depth investigation by the CMA.

UK Jumps Ahead Of Singapore As The Second Largest Offshore RMB Clearing Centre - 40% Of All Payments Made Between The UK And China/Hong Kong Are Exchanged In RMB

Date 28/04/2016

According to SWIFT’s latest RMB tracker, the United Kingdom’s RMB payments value increased by 21% between March 2014 and March 2016, positioning the United Kingdom as the first offshore RMB clearing centre after Hong Kong. Singapore overtook the United Kingdom in February 2014, but the trend started to reverse as of January 2016. Hong Kong still remains the world’s largest offshore RMB centre, processing 72.5% of all RMB payments, followed by United Kingdom with a share of 6.3% and Singapore with 4.6%.

NovitasFTCL Advises Shareholders Of Risk Intelligence Ireland On Its Sale To Verisk Analytics Inc.

Date 28/04/2016

NovitasFTCL acted as M&A advisor to the shareholders of Risk Intelligence Ireland on its sale to Verisk Analytics Inc.  This transaction, in the Insurance data / analytics sector, is our second sale this year of a European Fintech business to a US trade buyer. The business attracted significant interest from Private Equity and trade buyers across Europe and the US. http://www.riskintelligence.ie/press-release-14-april-2016/

FTSE Russell: Innovative New Index Supports Investors Seeking To Divest Fossil Fuels And Invest In The Green Economy

Date 28/04/2016

• FTSE Divest-Invest Developed 200 Index reduces index exposure to fossil fuel companies while for the first time systematically increasing exposure to companies with green revenues
• Index developed from FTSE Russell’s proprietary new LCE green investment data model
• BNP Paribas licensed index for future swaps and structured products