The EU Commission informed that it has decided to recognize the equivalence of the Swiss legal and supervisory framework for trading venues with that of the EU for a temporary period of one year. The decision allows European securities traders access to the Swiss market even after the new European financial market rules enter into…
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Tokyo Stock Exchange, Inc. (TSE) announced that it will be launching a dedicated platform on its official website for both Green and Social bonds. The platform will be available from January 22, 2018 as part of TSE's professional-oriented bond market, TOKYO PRO-BOND Market. The platform will allow issuers to post information about Green and Social…
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NZX announced it will implement changes to its trading and clearing pricing structure in the second half of 2018 as it responds to feedback from market participants and to encourage more on-market liquidity. This supports the exchange’s commitment to secondary market development, as outlined in its recently released strategy. NZX will migrate to a trading…
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In 2017, the post-trade industry has seen a major infrastructure evolution. With completion of the European Central Bank’s TARGET2-Securities (T2S) project and preparations for the Central Securities Depositories Regulation (CSD-R), some fundamental changes have been kicked off in the European post-trade market. 2017 was about reshaping and harmonizing Europe’s fragmented post-trade landscape to create a…
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SIX Exchange Regulation announced that it has reprimanded Bellevue Group AG for several errors in its 2016 annual financial statements. Bellevue Group AG is sanctioned for the incorrect recognition of the foreign currency translation, the inadequate liquidity risk disclosures as well as the insufficient fair value disclosures with regard to a liability from a contingent…
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Global commodities broker Marex Spectron has announced that it has received approval on its application from the UK's Financial Conduct Authority (FCA) to operate an Organised Trading Facility (OTF) under MIFID II from January 3, 2018. MiFID II introduces a new category of trading venue called OTFs. An OTF is a multilateral system that is not…
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New Zealand Stock Exchange (NZX) announced that it will extend the trading hours of its dairy derivatives market in July 2018, subject to regulatory approval. This extension supports the New Zealand exchange’s strategy to improve global access to its dairy derivatives market in response to customer demand. The trading session will move the existing market…
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SIX Swiss Exchange announced its new strategic partnership with Contineo, a Hong Kong based trading platform for structured products in Asia. SIX will support the standardization of the Asian structured products market by providing its high-performance product life-cycle infrastructure Connexor® in the first half of 2018. This offers synergies and scale opportunities to its shareholders,…
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On 12th December, Shenzhen Stock Exchange (SZSE) signed a Memorandum of Understanding (MoU) with Lao Securities Exchange (LSX). As per the LOU, both parties shall deepen collaboration on information sharing, personnel exchanges, platform construction, market and product development, etc. General Manager of SZSE Wang Jianjun and CEO of LSX Vanhkham Voravong were present at the…
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Singapore Exchange (SGX) announced that it has welcomed Clearbridge Health Limited to its Catalist under the stock code “1H3”. Clearbridge Health Limited is a healthcare company focused on the delivery of precision medicine in Asia. It aims to empower clinicians and healthcare professionals to make more reliable and accurate diagnoses, provide insights to disease management,…
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