BNP Paribas and NZX team up to boost offshore capital flows LeapRate

August 06, 2020 BY Steffy Bogdanova

BNP Paribas and NZX team up to boost offshore capital flows

NZX Executive Director for Markets Development & Clearing, Benjamin Phillips said the endorsement is important for the development strategy of NZX and its success as it will attract global participation in the markets and expand capacity and development of more direct connectivity to offshore capital flows. Phillips also stated that the collaboration will continue to…

August 06, 2020 BY Valentina Kirilova

Daily Market News: Jeff Bezos sells more than $3bn in Amazon stock

Bristol Myers Squibb: New York-based pharmaceutical company Bristol-Myers Squibb reports earnings on Thursday, the day after securing a patent win for it and Pfizer, which have a profit sharing agreement on a blood-thinning drug. A judge found that products made by multiple firms had infringed upon the patents. BMQ stock surged 5% in after-hours trading…

August 06, 2020 BY Steffy Bogdanova

Options expands in Singapore with SGX

Options’ Managing Director for APAC Jun Ashida, said: As a managed colocation and private cloud service provider, our offering gives clients a fully compliant institutional infrastructure, integrated with industry-leading technologies. This allows us to connect clients to both Asian and Global financial hubs for a seamless trading experience. We have worked closely with MAS (The…

August 06, 2020 BY Steffy Bogdanova

ASX reports $4.4 billion total capital raised for July and 8% pcp decrease

Equity Options Single stock options average daily contracts traded fell by 15% and index options average daily contracts by 32% on the pcp. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.0 billion, a 13% growth YoY, compared to $11.5 billion the previous year. Settlement The value of securities held…

August 05, 2020 BY Steffy Bogdanova

TradingScreen’s MARKTS and OSL partner to open up Asia’s digital asset markets to global investors

Alexandre Carteau, Head of MARKTS at TradingScreen said: Our integration with OSL Exchange is a key part of our ongoing drive to aggregate high-quality liquidity across the world. As the digital asset market continues to evolve across Asia, ensuring institutional investors can trade digital assets seamlessly regardless of location is imperative. OSL CEO Wayne Trench…

August 04, 2020 BY Steffy Bogdanova

Former CFS Private Wealth financial adviser sentenced to six years in prison for $1.8M Ponzi scheme

ASIC Deputy Chair Daniel Crennan QC said: As a financial adviser Mr Miller ought to have protected the interests of his clients. His sentencing should send a strong message that such conduct will lead to individuals involved being brought before the court to face criminal charges. Miller was a financial adviser of CFS between 2013…

August 04, 2020 BY Valentina Kirilova

Daily market commentary: The dollar is back on a descending trajectory

EUROPEAN SHARES Shares opened mostly higher in Europe following strong bullish momentum from the Asian trading session on Tuesday. Yesterday’s reassuring manufacturing PMIs in Europe followed by positive data in the US combined with lower virus cases in some states, have lifted global market sentiment higher. In addition, the current risk appetite is also sustained…

August 03, 2020 BY Steffy Bogdanova

HKEX launches new MSCI index futures contracts

Earlier in May, HKEX signed a 10-year licensing agreement with MSCI to license a suite of MSCI indexes in Asia and Emerging Markets for the release of 37 futures and options contracts in Hong Kong. The agreement broadens the partnership further and anchors the two companies’ commitment to a long-term product development and innovation programme…

August 03, 2020 BY Steffy Bogdanova

Huobi Asset Management secures SFC licenses for securities advisory and asset management services

Elaine Sun, the Compliance Director of Huobi Tech commented: We are delighted to get licensed and it marks a good start for the Company to provide professional asset management services. The Asset Management arm is led by a team of investment professionals with extensive traditional securities investment experience and fruitful knowledge in blockchain and virtual…

August 03, 2020 BY Steffy Bogdanova

TFX Click kabu 365 drops again with 30% in July

Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 15,728 (-42.4% MoM / -79.1% YoY) and its average daily volume was 749. Items Jul 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Total of Interest Rate Futures contracts 15,728 749 -42.4% -79.1% Three-month Euroyen futures 15,728 749…

Tag: APAC