Nasdaq Launches Index Calculation System for Marketplaces
Thomson Reuters ONE - Mon Jun 29, 6:01AM CDT
Offering gives exchanges index producer capabilities, opportunities for new revenue streams
NDAQ: 50.48 (+1.26)
Global Trade Finance Market 2015-2019 - Shift from Traditional Trade Finance Products to Open Accounts
M2 - Fri May 29, 8:28AM CDT
Research and Markets (http://www.researchandmarkets.com/research/j43ntn/global_trade) has announced the addition of the "Global Trade Finance Market 2015-2019" report to their offering. The global trade finance market to grow at a CAGR of 3.29% over the period 2014-2019. Trade financing is used by banks to finance overseas transactions. This report takes into account the various instruments used in trade finance, such as traditional trade finance instruments and supply chain finance instruments. One of the key emerging trends in the global trade finance market is the dynamic shift from traditional trade finance products to open accounts, which is expected to further increase with the adoption of the BPO payment mechanism by banks. According to the report, one of the major drivers of this market is the strengthening of global trade, which is now expected to accelerate following the recovery period of 2009-2013. Growth is expected to stem from the emerging nations with special initiatives such as South-South trade, which has led to a rapid increase in trade finance opportunities for the nations in that area. Further, the report states that one of the main challenges in this market is the operational costs involved in complying with ongoing sanctions and regulations. These regulations have forced banks to incur high costs to cover risks, which will eventually increase the costs for clients. Key Vendors - BNP Paribas - Citigroup - HSBC Holdings - JPMorgan Chase - Mitsubishi UFJ Financial Group Key Stock Exchanges - Hong Kong Stock Exchange - London Stock Exchange Group - New York Stock Exchange - Shanghai Stock Exchange - Singapore Exchange Limited - SIX Swiss Exchange (formerly SWX Swiss Exchange) Other Prominent Vendors - ANZ - Arab Bank - Bank of America Merrill Lynch - Commerzbank Group - Credit Agricole - Deutsche Bank - Ita? Unibanco Group - Nordea - Royal Bank of Scotland Group - Santander Group - Standard Chartered Bank - Sumitomo Mitsui Financial Group - Wells Fargo Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Trade Finance Instrument - Geographical Segmentation - Islamic Trade Finance Products - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis - Key Stock Exchange Profiles For more information visit http://www.researchandmarkets.com/research/j4...obal_trade
SMFG: 8.71 (+0.23), HSBC: 43.87 (+0.85), DB: 31.91 (+1.75), WFC: 56.08 (+0.58)
Singapore Exchange (SGX) and Zhengzhou Commodity Exchange (ZCE) Seal Collaboration with MOU
JCN Newswire - Fri May 22, 7:14AM CDT
Singapore Exchange (SGX) and Zhengzhou Commodity Exchange (ZCE) have signed a memorandum of understanding (MOU) to collaborate on efforts that jointly develop and expand the commodities markets in China and Singapore. The agreement was signed in Singapore, between Mr Zhangfan, Chairman of ZCE and Mr Magnus Bocker, CEO of SGX on Friday, 22 May 2015.
Singapore Exchange (SGX) sees another Quarter of Growth with Net Profit of $88 million
JCN Newswire - Wed Apr 22, 6:37AM CDT
Singapore Exchange (SGX) today reported net profit of $88.2 million ($75.8 million) in the third quarter of financial year 2015 (FY2015), higher by 16% year on year and 2% quarter on quarter. Revenues grew 20% year on year to $199.3 million ($165.6 million). Excluding Energy Market Company's[1] (EMC) revenue of $5.8 million, all businesses recorded higher revenues compared to a year earlier. Expenses in Q3 increased 18% to $91.0 million excluding EMC's expenses of $5.4 million. Earnings per share were 8.2 cents (7.1 cents). The declared interim dividend is 4.0 cents, unchanged from the last quarter.
Bank of China, BOC International Holdings and SGX Expand Collaboration on Renminbi and Market Developments
JCN Newswire - Fri Apr 17, 12:29AM CDT
Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI)[1] are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework for collaboration were signed today in Singapore and witnessed by Mr Chen Siqing, President of BOC and Mr Magnus Bocker, CEO of SGX in Singapore.
MAS and SGX Facilitating Cross-Border Capital Raising in ASEAN
JCN Newswire - Tue Mar 03, 12:51AM CST
The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) today jointly signed a Memorandum of Understanding (MOU) with the Securities Commission Malaysia and the Securities and Exchange Commission, Thailand to establish a Streamlined Review Framework for the ASEAN Common Prospectus. The Framework, which is an initiative under the ASEAN Capital Market Forum (ACMF) Implementation Plan endorsed by the ASEAN Finance Ministers, will facilitate cross-border offerings of Equity Securities and Plain Debt Securities[1] in ASEAN.
NTT Communications to Launch "JPX-SGX Co-Location Direct" for Lowest-latency Connection between JPX & SGX Colocations
Business Wire - Wed Jan 28, 3:00AM CST
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (NYSE: NTT), announced today that it has agreed with the Japan Exchange Group (JPX) and the Singapore Exchange (SGX) to launch of JPX-SGX Co-Location Direct, the telecom industry's lowest-latency service for international leased lines that directly connect the colocation facilities of JPX and SGX. The service will start from April 2015.
NTT: 36.75 (+1.49)
SGX 2Q Net Profit at $87 Million
JCN Newswire - Wed Jan 21, 3:53AM CST
Singapore Exchange (SGX) today reported net profit of $86.6 million ($75.0 million) in the second quarter of financial year 2015 (FY2015). Revenue grew 19% to $195.1 million ($164.6 million). Excluding revenue of the newly-acquired Energy Market Company Limited (EMC) of $6.0 million, revenue grew 15%.
360 Capital Financial Appoints Seasoned Asian Public Markets and Corporate Finance Advisor to Board of Directors
ACCESSWIRE - Tue Jan 06, 1:08PM CST
Vancouver, BC / ACCESSWIRE / January 6, 2015 / John Gan, Chairman and CEO of 360 Capital Financial Services Group Inc. (CSE: TSZ, www.360capitalfinancial.com) announces the appointment of Joshua C.K. Siow as Senior Advisor to the company.
SGX's Next-generation Derivatives Trading and Clearing Platform to use Nasdaq Technology
JCN Newswire - Sun Dec 28, 11:28PM CST
Singapore Exchange will upgrade its derivatives trading and clearing platforms to further strengthen Singapore's market infrastructure and to support the strong volume growth in SGX's derivatives business.
SGX selects TradingScreen to create 1st liquidity venue focused on Asian Bonds
PR Newswire - Mon Dec 01, 4:30PM CST
Singapore Exchange (SGX) has selected TradingScreen to create the trading platform of the first OTC liquidity venue dedicated to Asian Bonds ("SGX BT"
/C O R R E C T I O N -- Singapore Exchange/
PR Newswire Europe - Wed Nov 26, 8:34PM CST
In the news release, SGX Welcomes Secondary Listings with Streamlined Rules, issued 30-Oct-2014 by Singapore Exchange over PR Newswire, we are advised by the company that the third paragraph, last sentence, should read "35 secondary listings" rather than "34 secondary listings" as originally issued inadvertently. The complete, corrected release follows:
SGX Welcomes Secondary Listings with Streamlined Rules
PR Newswire Europe - Wed Nov 26, 8:27PM CST
Singapore Exchange (SGX) is streamlining rules for secondary-listed companies to further enhance its stock market.
SGX Partners with ICIS to Offer New Asian Polyolefins Contracts
PR Newswire - Fri Nov 21, 2:25AM CST
Singapore Exchange (SGX), Asia's most international exchange, is partnering with ICIS, the world's largest petrochemical intelligence provider, to offer four new Asian polyolefins swaps and futures contracts:
SGX Voted Derivatives Exchange of the Year
JCN Newswire - Fri Oct 31, 5:39AM CDT
Singapore Exchange, Asia's leading exchange and clearing house, won the industry endorsement as the "Derivatives Exchange of the Year" at the prestigious Asia Risk Awards ceremony held in Hong Kong on 30 October 2014.