HKEX launches second phase of closing auction session for its securities market LeapRate

July 24, 2017 BY Valentina Kirilova

HKEX launches second phase of closing auction session for its securities market

Hong Kong Exchanges and Clearing Limited (HKEX) just announced that has successfully introduced Phase 2 of the Closing Auction Session (CAS) in its securities market. A two-phase approach was taken to ensure a smooth transition for investors and other market participants. CAS Phase 1, covering all constituents of the Hang Seng Composite LargeCap and MidCap…

July 24, 2017 BY Valentina Kirilova

Edmond de Rothschild chooses Clearstream as partner for funds business

Edmond de Rothschild (Suisse) S.A. (SWX:RLD) announced that has chosen Clearstream as strategic partner to streamline and consolidate its third-party fund processing activities. Clearstream’s investment funds processing infrastructure Vestima enables processing of all types of funds from mutual funds to hedge funds on a single platform. The current regulatory agenda has made asset safety a…

MOEX launches trading in sunflower seed futures

July 21, 2017 BY Valentina Kirilova

Index Committee approves amendments to MOEX index methodology

On 19 July 2017, the Moscow Exchange Index Committee agreed amendments to the calculation methodology for the MOEX indices, which reflected increased liquidity requirements for constituent stocks and an option for a variable amount of securities in the index. According to the updated methodology, the liquidity factor, i.e. the ratio of the annual trading volume…

July 21, 2017 BY Valentina Kirilova

HKEX launches enforcement newsletter and more director training webcasts

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today published its first Enforcement Newsletter. The newsletter will be published twice a year, and will include news and updates on the enforcement work undertaken by the Exchange. This issue covers the first six months of 2017…

July 21, 2017 BY Valentina Kirilova

SGX welcomes Union Gas Holdings Limited to Catalist

Singapore Exchange (SGX) announced that today has welcomed Union Gas Holdings Limited to Catalist under the stock code “1F2”. Union Gas Holdings Limited is an established provider of fuel products in Singapore, with a strong heritage of over 40 years and trusted brand names “Union” and “Cnergy” under its management. It is one of the…

July 20, 2017 BY Valentina Kirilova

JOST Werke AG listed on Frankfurt Stock Exchange

JOST Werke AG (ISIN: DE000JST4000) is listed in the Prime Standard on the Frankfurt Stock Exchange as of today, Deutsche Börse just announced. The issue volume of the private placement was €231 million. The first price was €27.40, the issue price €27.00. Deutsche Bank, J.P. Morgan and Commerzbank were mandated as Joint Global Coordinators and…

July 19, 2017 BY admin

CME announces 1st cleared Korean Won & Indian Rupee interest rate swaps

CME Group, the global derivatives exchange, and marketplace, today announced it has cleared two new swap currencies: the Indian Rupee (INR) Overnight Index Swaps (OIS) and Korean Won (KRW) Interest Rate Swaps (IRS). With these two new additional currencies, CME Group now offers 21 clearable OTC IRS currencies. Sean Tully, Senior Managing Director of Financial…

July 18, 2017 BY Valentina Kirilova

Boerse Stuttgart introduces instant trading for bonds

Due to the ongoing low interest-rate policy and changes to regulatory and technological framework conditions, the bond market is characterised by decreasing liquidity and increasing fragmentation. This adds complexity to the price discovery and hence price and trading quality. Nevertheless, debt instrument investors expect attractive and tradable prices – without restrictions of the product universe…

July 18, 2017 BY Valentina Kirilova

WFE releases joint report with Milken Institute on SME exchanges

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today jointly published a report with the Milken Institute on Small and Medium-sized Enterprises (SMEs) and SME exchanges. The report consolidates results from initial independent research from the WFE and the Milken Institute published earlier this year.…

July 18, 2017 BY Valentina Kirilova

Irish Stock Exchange launches new T7 trading technology

The Irish Stock Exchange (ISE) announced that has gone live with Deutsche Börse’s new T7 trading platform for the Irish equity market. This new platform further enhances the performance and capacity of the ISE’s equity market offering. T7 delivers synergies, which make it even easier and reduces cost for international trading firms to connect and…

Category: Exchanges