News Centre

RSRCHXchange Launches Online Marketplace For Institutional Research - Transforms The Way In Which The Financial Industry Buys And Sells Institutional Research

Date 21/09/2015

RSRCHXchange officially launches RSRCHX today, its online marketplace for buying and selling institutional research. Built in consultation with asset management institutions and research providers, RSRCHX radically modernises the way in which users interact with research and enables the buy side to comply with the MiFID II research unbundling requirements.

Ancoa Successfully Closes Series A Funding Round - Raises Over £4m To Fund Continued Growth

Date 21/09/2015

Ancoa, providers of contextual surveillance and insightful analytics for exchanges, regulators, buy- and sell-side firms, have successfully closed their Series A funding round last week, bringing the total investment to £4.145m. Investors include Buysse & Partners, LRM Capital, SmartFin Capital, Velocity Capital and Ancoa’s management team as well as a number of high net worth individuals and family offices. All investors are strongly committed to FinTech sector investments through the variety of their individual portfolios.

SIX To Pay An Extraordinary Dividend In 2105

Date 21/09/2015

SIX sold its shares in the joint ventures STOXX AG and Indexium AG to Deutsche Börse resulting in sales proceeds of CHF 650 million in July 2015 (Media Release). Based on the outstanding liquidity and capital situation of SIX, the Board of Directors has decided to propose to the shareholders the distribution of an extraordinary dividend this year. The distribution is expected to total CHF 400 million, corresponding to a dividend of CHF 20.50 gross per share. The shareholders were already paid a regular dividend totalling CHF 156 million in March 2015. Subject to the approval of the shareholders, SIX will have paid its shareholders a total of CHF 1,325 million since its foundation in 2008.

HKEx Responds To Media Enquiries - JP Morgan Chase China And HKEx Chief Executive Charles Li

Date 21/09/2015

In response to media enquiries today, the Chairman of Hong Kong Exchanges and Clearing Limited (HKEx), Chow Chung-kong, would like to issue the following statement:

"We note today's report in the Wall Street Journal.  As it concerns issues at JP Morgan Chase China before our chief executive, Charles Li, joined HKEx in October 2009, we are not in a position to comment.  Under Charles Li's leadership and through a number of important and strategic initiatives, HKEx has substantially grown its business.  As far as we are aware, this story does not have any bearing on Mr Li's role at HKEx and its business."

MNI China Business Sentiment Indicator: Chinese Business Sentiment Pulls Back In September - Businesses Say Yuan Devaluation Is Helping

Date 21/09/2015

Business sentiment among executives at China’s largest companies pulled back in September, the latest twist in a volatile period since July. Most underlying components of the survey fared better than the overall measure, with the increase in August now looking more like an overreaction following July’s turmoil rather than a sustainable change in fortunes.
 

Egyptian Exchange: Eid El Adha Vacation

Date 21/09/2015

EGX decided that Eid El Adha vacation will start from Wednesday 23-09-2015 till Sunday 27-09-2015. Trading will be resumed effective Monday 28-09-2015.

Dubai International Financial Centre: Official Announcement Of HSBC Bank Middle East Limited To London Stock Exchange And Irish Stock Exchange

Date 21/09/2015

"HSBC Bank Middle East Limited ('HBME'), an indirect wholly-owned subsidiary of HSBC Holdings plc, which is currently incorporated and has its head office in Jersey, confirms that it intends to transfer its place of incorporation and head office to the Dubai International Financial Centre. This is subject to regulatory and all other applicable approvals."

Dalian Commodity Exchange: Notice On Carrying Out New Round Of Warehouse Receipts Switch Pilot Program On Oils And Soybean Meal

Date 21/09/2015

In order to promote the effective functioning of the oils and soybean meal futures market and provide the clients with more convenient delivery services, based on the experience in the previous pilots for the switch of warehouse receipts on oils and soybean meal futures, DCE will join hands with the major groups to launch the new round of pilot program for the switch of warehouse receipts on Soybean Meal, Soybean Oil and RBD Palm Olein, in a bid to further reduce the warehouse receipt switch costs and increase opportunities for switch application in delivery months, with the newly added application time on the seventh trading day of the delivery month. Meanwhile, the move will increase the number of the pilot groups and improve the quotation system. The new round of warehouse receipts switch business will be operated on the “OTC market comprehensive service platform” (http://otc.dce.com.cn/portal/swap/index).

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 21/09/2015

The total value of shares traded for the week ending 17 September 2015 amounted to SAR 24.30 billion, decreasing by 12.05% over the previous week; while total stock market capitalization reached SAR 1,675.52 billion at the end of this period, decreasing by 3.09% over the previous week.

Tokyo Stock Exchange: New Arrowhead Is Ready For Production Operations

Date 21/09/2015

Tokyo Stock Exchange (TSE) has decided to launch new arrowhead, the trading system for the cash equity market, on September 24 (Thu.) as planned after confirming migration operations for arrowhead renewal.