Pursuant to the Articles of Association of Hong Kong Exchanges and Clearing Limited (HKEX), the unclaimed final dividend for 2010 will be forfeited and will revert to HKEX on 27 May 2017. As provided in HKEX’s Articles of Association, any dividend unclaimed after a period of six years from the date for payment of such…
Read more
London Stock Exchange today welcomed the largest Sukuk bond to be issued by a supranational globally in 2017, raising $1.25 billion. Listed by Saudi Arabia based, triple-A rated, Islamic Development Bank, it is a five-year bond with a 2.393% yield and reinforces London’s position as a key global venue for Islamic finance. To date nearly…
Read more
Clearstream announced that is offering a new settlement solution for German debt, for customers who are clearing member firms, clearing Bunds and German repos through LCH SA. Such transactions will be able to be settled in customers' Clearstream Banking Luxembourg (CBL) account, in addition to the Clearstream Banking Frankfurt (CBF) setup as an existing settlement…
Read more
The European Energy Exchange (EEX) announced that will launch financially settled power futures for Germany against the background of a possible split of the German-Austrian price zone. The new products will be available for exchange trading and trade registration as of 25 April 2017 and will provide additional trading and hedging opportunities compared to the…
Read more
ETC tracks performance of Brent crude and offers a currency hedge Deutsche Börse just announced that a new exchange traded commodity (ETC) issued by BNP Paribas Arbitrage Issuance B.V. has been tradable on Xetra and Börse Frankfurt since Tuesday. ETC name: EUR Hedged RICI Enhanced Brent Crude Oil Total Return Index ETC ISIN: DE000PB6REB0 Management…
Read more
SIX Financial Information announced that has launched a new Common Reporting Standard (CRS)/ Automatic Exchange of Information (AEoI) data service, enabling financial institutions to meet the requirements which are being phased in from June 2017. The SIX CRS/AEoI service identifies CRS-reportable client income by flagging relevant corporate actions, simplifying resource-intensive data cleansing and alleviating the…
Read more
Just one day after sharing that it will create a premier platform for capital market, economic, and business thought leadership named ‘Market Site’, Nasdaq Dubai announced that has added National Bank of Abu Dhabi (NBAD), Dubai Financial Market (DFM) and Dubai Investments (DIC) to its equity futures market, raising the number of leading UAE companies…
Read more
Singapore Exchange (SGX) just announced that welcomed UnUsUaL Limited to Catalist under the stock code 1D1. UnUsUaL Limited is a subsidiary of Catalist-listed mm2 Asia. With a history and track record of 20 years, UnUsUaL Limited specialises in the production and promotion of large-scale live events and concerts by international artistes in Singapore and the…
Read more
The Stock Exchange of Thailand (SET) just announced its March market volumes report. Here are the highlights: SET Index closed at 1,575.11 points, up 2.08 pct from end-2016. Average daily securities trading value at THB 43.19 bln, down 17.83% YoY Market cap at THB 15.8 trillion, a 2.01% rise from end-2016 The Stock Exchange of Thailand…
Read more
Moscow Exchange (MOEX) just announced that Rosneft and Alrosa have become the first ever corporates to obtain direct market access (DMA) and trade on Moscow Exchange's FX Market. From 16 January 2017, Russian legal entities not qualified as credit institutions or professional market participants have been eligible to operate on the currency market on the…
Read more