SGX announces trading volumes
January 02, 2020 BY Valentina Kirilova

SGX adds Orient Futures International to its derivatives market

More news from Singapore today, as Singapore Exchange (SGX) has just announced that it has added Orient Futures International (Singapore) Pte. Ltd. as a Trading and Clearing Member to its derivatives market. SGX’s derivatives market now has 65 Trading Members and 26 Clearing Members. Orient Futures International is a wholly owned subsidiary of Orient Futures Co.,…

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hkex
January 02, 2020 BY Valentina Kirilova

HKEX adds Daisy Cheung to its Risk Management Committee

Hong Kong Exchanges and Clearing Limited (HKEX) has just announced that it has added Daisy Cheung to its Risk Management Committee (Statutory) (RMC).  Daisy Cheung is the new chairman of the Hong Kong Interbank Clearing Limited (HKICL) and her appointment has been made in accordance with the Securities and Futures Ordinance. Cheung replaced Gao Yingxin, the…

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SGX
January 02, 2020 BY Valentina Kirilova

SGX RegCo to review retail bonds regulatory framework

Singapore Exchange Regulation (SGX RegCo) has announced today that it has set up a working group of industry professionals and investors to review the retail bonds regulatory framework. The group will discuss matters such as the admission criteria for retail bond listings, the continuing obligations of issuers of such bonds, and ways to protect bondholder…

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EBRD sells its 10% stake in Borsa Istanbul
December 31, 2019 BY Valentina Kirilova

EBRD sells its 10% stake in Borsa Istanbul

The European Bank for Reconstruction and Development (EBRD) has announced today that it has sold its 10 per-cent stake in Borsa Istanbul. The EBRD had been a shareholder in Turkey's sole exchange since December 2015. The Turkish Wealth Fund has bought EBRD's 10% stake in Borsa Istanbul, raising its stake in the stock exchange to 90.6%.…

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fca warning
December 31, 2019 BY Valentina Kirilova

UK FCA warns against several unauthorised companies

The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are Smart Loans UK, Rockwell Investment Management and Parker, Weismann & Associates LLC. According to the regulator, the fraudsters are using or giving out the following details as part of…

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December 30, 2019 BY Valentina Kirilova

Huobi Indonesia launches a local fiat gateway

Huobi Indonesia has announced that it has launched a local fiat gateway to enable a direct fiat-to-crypto trading facility between the Indonesian Rupiah (IDR) and Tether (USDT). Indonesian investors will now be able to use the local fiat currency to trade over 250 cryptocurrencies available on Huobi Indonesia's digital asset exchange. Local customers can now…

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fca fine
December 30, 2019 BY Valentina Kirilova

Hong Kong SFC fines FIL Investment Management Ltd HK$3.5m for regulatory breaches

The Hong Kong Securities and Futures Commission (SFC) has announced that it has fined FIL Investment Management (Hong Kong) Limited (FIMHK) HK$3.5 million for regulatory breaches including unlicensed dealing in futures contracts, delay in reporting the breach to the SFC as well as submitting incorrect information during an application. According to the regulator, the company…

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digital currency
December 30, 2019 BY Valentina Kirilova

The Dash Gold Foundation promotes BDSG digital currency era

The Dash Gold Foundation has announced that it will use the gold SKR (Safe Keeping Receipt) to promote BDSG (Beyond Dashgold) digital currency payment business, online shopping mall and gold sales business, and digital currency ATM business. Gold SKR is issued by BankoSentralng Pilipinas, and the beneficiary is the Dash Gold Foundation. BDSG, a digital…

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