All Entries in the "Exchange News" Category
Singapore Exchange Q3 Profit $78Million
SGX recorded revenue of $163.6 million ($168.8 million), net profit of $77.8 million ($67.0 million) and earnings per share (EPS) of 7.3 cents (6.3 cents) in 3Q FY2012. This brings SGX’s net profit to $230.7 million for the nine months ended 31 March 2012 (YTD), 7% higher than last financial year’s $215.4 million. The Board [...]
ICDX of Indonesia Adopts Bloomberg’s Open Symbology
Indonesia Commodity & Derivatives Exchange (ICDX) announced April 18 that it implemented Bloomberg’s Global Identifiers (BBGID) and supports Bloomberg’s Open Symbology (BSYM) to promote transparency and lower data management costs for its customers. ICDX will distribute BSYM through its data feeds and web sites to ensure optimum availability and access to its global customer base. [...]
TSE MOU with Central Bank of Myanmar for Establishing a Securities Exchange
Daiwa Institute of Research Ltd. (hereinafter “DIR”), the core information-generating arm of Daiwa Securities Group, and Tokyo Stock Exchange Group, Inc. (hereinafter “TSE”) reached an agreement on April 10, 2012 to conclude a memorandum of understanding (hereinafter “MOU”) with the Central Bank of Myanmar (hereinafter “CBM”) pertaining to cooperation toward establishing a securities exchange and [...]
SMX Announces New Membership Categories and New Precious Metals Contracts
The Singapore Mercantile Exchange (SMX), the first pan-Asian multi-product commodity and currency derivatives exchange, announced major initiatives to broad base the market participants by introducing new categories of Trade Member. In addition, SMX announced the launch of two popular contracts in precious metals. These initiatives are expected to further develop depth, breadth and liquidity on [...]
SGX and CIMB Securities to Grow Trading Representatives Profession
Singapore Exchange (SGX) and CIMB Securities today announced an initiative to grow the number of Trading Representatives (TRs) in Singapore and enhance their skills in providing value added services for investors. Together with the Financial Training Institute at Singapore Management University (FTI@SMU), SGX and CIMB Securities will offer new TRs a training programme that equip [...]
NZX Dairy Futures Break Through 20000 Lots Traded
NZX Dairy Futures passed the critical milestone of 20,000 lots traded in the 18 months since launch in late 2010. Even more significant is the growth momentum in these products: it took just on a year for the first 10,000 lots to be traded, whereas the second 10,000 lots took just four months. “This is [...]
Webinar Recording The New Alternative Venues and Exchanges in Asia
This Webinar – The New Alternative Venues and Exchanges in Asia was recorded March 28, 2012 at 5pm Hong Kong time in a panel-style format. The webinar explored how the new alternative trading venues in Asia are coming along and some of the challenges and hurdles that they still During the webinar we did run [...]
SGX Proposes Rule Changes to Enhance Risk Controls in Derivatives Market
Singapore Exchange (SGX) is consulting the public on proposed rule changes as part of enhancements in risk controls in the SGX Derivatives Trading market. SGX is introducing exchange-hosted pre-trade risk checks on available customer credit for incoming orders before they reach SGX’s order matching engine. These checks are in line with the Futures Industry Association’s [...]
SGX Proposes Enhanced Regulatory Framework For Direct Access to Securities Market
Singapore Exchange (SGX) is consulting the public on proposed rule changes to enhance the regulatory framework for direct access to its securities market, in preparation for the ASEAN Trading Link. The ASEAN Trading Link will provide brokers of participating ASEAN exchanges with the infrastructure to input orders directly on another participating ASEAN exchange. While the [...]
Hong Kong Government Considering Naming Former Rail Chief Chow To Head HKEx
The Hong Kong government is considering appointing the former head of Hong Kong rail operator MTR Corp. (0066.HK) as the chairman of Hong Kong bourse operator Hong Kong Exchanges & Clearing Ltd. (0388.HK), the Hong Kong Economic Times said Tuesday, citing an unnamed source. Chow Chung-kong is favoured to succeed Ronald Arculli, who will be [...]
