Hong Kong Exchanges and Clearing Limited (HKEX) announced today that it will introduce its revised stock option position limit (SOPL) model on 1 June 2017 and new limits will take effect on the same day. HKEX's revised SOPL model is designed to align Hong Kong's SOPL regime more closely with international practices and ensure the…
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In order to further regulate the information disclosure of listed companies engaging in civil engineering and construction industry, Shenzhen Stock Exchange (SZSE) has recently formulated and released the No. 7 Guideline of Shenzhen Stock Exchange for Industry Information Disclosure of Listed Companies Engaging in Civil Engineering and Construction Business. In recently years, SZSE has been…
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Colt Technology Services has announced newly optimised low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange, which will be available from May 23, 2017. Connectivity will be provided through the company's private Ethernet-based Colt IQ Network. Latency between Tokyo and Chicago will reach a speed of 121.07ms between each endpoint after…
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Five years ago, the first nine Central Securities Depositories (CSDs) signed the agreement with the Eurosystem to set up the pan-European settlement platform TARGET2-Securities (T2S). T2S set out to reduce settlement cost in Europe, increase cross-border activity, move settlement to a common platform and thereby address some of the Giovannini barriers, identified as major obstacles…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced the Government's reappointments of Lawrence Lam Yuk Kun and Barbara Shiu as members of HKEX's Risk Management Committee (statutory) (RMC). The reappointments were made under the Securities and Futures Ordinance. They are for a term of two years with effect from 1 July 2017. From 1 July…
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The Irish Stock Exchange (ISE) welcomed yesterday’s announcement by the Minister for Finance, Michael Noonan TD, to end stamp duty on the purchase of shares in Irish companies listed on the ISE’s Enterprise Securities Market (ESM). The exemption from 1% stamp duty comes into effect from 5 June and will reduce the cost for pension…
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Moscow Exchange (MOEX) announced its financial results in accordance with International Financial Reporting Standards (IFRS) for Q1 2017. Key financial highlights for Q1 2017 Fee and commission income from the Fixed Income Market increased 12.8% YoY thanks to strong primary placements, both in government and corporate bonds. Fee and commission income from the Money Market…
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CBOE Holdings, Inc. (NASDAQ: CBOE) said Wednesday trading volume at the all-electronic C2 Options Exchange, Incorporated (C2) set a one-day trading record with reported trading volume of 966,604 contracts, surpassing a previous single-day record of 825,299 contracts set on November 9, 2016. Trading volume on Bats’ two options exchanges, BZX and EDGX, also each had…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has responded to the European Commission's Public Consultation on The Operations of the European Supervisory Authorities (ESAs). While the consultation has an EU focus, there are some items that are relevant to the WFE's international membership, therefore…
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On 11 May 2017, AlfaStrakhovanie was admitted to trading on Moscow Exchange (MOEX)'s FX Market and executed its first FX trades. AlfaStrakhovanie is the first insurance company to gain direct access to on-exchange foreign currency trading. Igor Marich, Managing Director of the FX and Money Markets at Moscow Exchange, said: It is a current global…
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