Yury Denisov, CEO of Moscow Exchange, commented: Ozon is one of Russia’s leading e-commerce platforms and an excellent example of successful business evolution from a small start-up to a major public company. Millions of Ozon’s clients now also have the opportunity to become the company’s shareholders. It is particularly pleasing for us that Ozon has…
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Yury Denisov, CEO of Moscow Exchange, commented: Headhunter is one of the most popular and useful resources for both employers and job-seekers. Now, millions of platform users can buy shares in this leading recruitment agency using Moscow Exchange’s infrastructure. We are pleased that new-economy companies are listing on Moscow Exchange. This helps to attract new…
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The Hong Kong Securities and Futures Commission (SFC) has issued a statement setting out a new approach which aims to bring virtual asset portfolio managers and distributors of virtual asset funds under its regulatory net. It also sets out a conceptual framework for the potential regulation of virtual asset trading platforms. In light of the…
Read moreThe Securities and Exchange Commission (SEC) has voted to propose a rule amendment to shorten the standard settlement cycle for most broker-dealer securities transactions from three business days after the trade date to two business days after the trade date. The proposed amendment is designed to reduce the risks that arise from the value and number…
Read moreThe Stock Exchange of Thailand (SET) has amended the criteria for the new listing of securities on SET and Market for Alternative Investment (mai), aiming to enhance securities’ quality and increase liquidity, ultimately to strengthen capital market growth, effective from January 1, 2017. In addition, SET and mai have also revised the minimum par value…
Read moreThe Stock Exchange of Thailand (SET) Index, with upbeat results, continuously increased to 1,548.44, underpinned by the ongoing capital inflows into Asia. Consequently, foreign investors were net buyers of Thai shares for four consecutive months and bought net in Thai stocks in August at THB 34.35 billion (USD 981.54 million). At the end of August,…
Read moreAustralia financial regulator ASIC has today released a consultation paper proposing to maintain markets and securities relief that ASIC has previously provided from certain obligations under the Corporations Act. The consultation paper also sets out ASIC's proposal to withdraw some relief. This consultation paper is part of ASIC's response to the 'sunsetting' of legislative instruments.…
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