News Centre

ADX Lists Abu Dhabi Government Bonds

Date 01/10/2014

Abu Dhabi Securities Exchange (ADX) in association with Abu Dhabi’s Department of Finance (DOF) launched today the first listing of government bonds in a step towards building a bond market operating under the best standards as with international financial markets. The listing solidifies the status of the Emirate of Abu Dhabi as regional and global financial centre offering vast investment opportunities. 

Dubai Financial Market Eid Al Adha Market Holiday

Date 01/10/2014

On the occasion of Eid Al Adha, the market will be closed starting from Sunday 05 October 2014 and will resume work on Tuesday 07 th October 2014.

Options Industry Council Announces September Options Trading Volume Increased 16 Percent

Date 01/10/2014

The Options Industry Council (OIC) announced today that 365,917,341 contracts were traded in September, a 15.83 percent increase compared to the 315,911,302 contracts traded in September of last year.

India Index Services & Products Limited (IISL) Index Dashboard - Month Ended 30 September 2014

Date 01/10/2014

Summary:

• CNX Nifty touched an all time intra-day high of 8180.20 points on September 8, 2014.
• CNX Nifty closed at 7964.80 points on September 30, 2014, with a marginal increase of 10.45 points(0.13%) compared to the close of 7954.35 points on August 28, 2014.
• Free float market capitalization of CNX Nifty was USD 436 Bn and CNX Nifty Junior was USD 76 Bn as on September 30, 2014.
• CNX Pharma index recorded the highest one month gain of 7.6% whereas CNX High Beta index posted the maximum one month decline of 8.2% across all indices.
• CNX Nifty index outperformed broad market indices giving 4.6% returns, NI15 index outperformed strategy indices giving 16% returns, CNX Pharma index outperformed all sectoral indices giving 27% returns and CNX Shariah25 index outperformed thematic indices generating 12% returns in preceding 3 months period.
• CNX Smallcap index outperformed broad market indices giving 80% returns, CNX Alpha index outperformed strategy indices giving 68% returns, CNX Auto index outperformed all sectoral indices giving 69% returns and CNX MNC index outperformed thematic indices generating 48% returns in preceding 1 year period.
• CPSE Index, posted highest dividend yield of 3.59% as on September 30, 2014.

TheCityUK Responds To Prime Minister's Party Conference Speech

Date 01/10/2014

In response to the Prime Minister’s speech today at the Conservative Party Conference, Chris Cummings, Chief Executive, TheCityUK, said:

“TheCityUK welcomes the Prime Minister’s commitment to EU reform.  He noted that the EU would be weaker without the UK. This is true and it is important for the UK to set out a constructive reform agenda which will address the reforms other European leaders want to see.  The UK can now set out a vision for the EU to become more competitive, dynamic and outward looking.  A Europe based on completion of the Single Market, benefiting from global trade agreements, will set the framework to drive jobs and growth right across the EU.”

EBRD Adopts First Country Strategy For Jordan

Date 01/10/2014

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved the first country strategy for Jordan, which focuses on three key priorities identified in cooperation with the Jordanian government: energy, the private sector and infrastructure.

MGEX Begins Fiscal Year With Best September Since 2007

Date 01/10/2014

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), got its fiscal year off to a good start with a total volume of 157,708 from September. It is the highest monthly volume during September since 2007 and a 16 percent increase over the total volume from September 2013.

Sixth Meeting Of The Financial Stability Board Regional Consultative Group For Sub-Saharan Africa

Date 01/10/2014

Today, the South African Reserve Bank hosted the sixth meeting of the Financial Stability Board (FSB) Regional Consultative Group (RCG) for Sub-Saharan Africa in Cape Town, South Africa.

Turnover At Deutsche Börse’s Cash Markets At 100.9 Billion Euros In September

Date 01/10/2014

Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at €100.9 billion in September (September 2013: €96.9 billion). Of the €100.9 billion, €93.4 billion were attributable to Xetra (September 2013: €88.8 billion). €3.8 billion were attributable to the Frankfurt Stock Exchange (September 2013: €4.2 billion). Order book turnover on Tradegate Exchange* totalled approximately €3.7 billion in September (September 2013: €4.0 billion).

ESMA Defines Products, Counterparties And Starting Dates For The Clearing Of Interest Rate Swaps

Date 01/10/2014

The European Securities and Markets Authority (ESMA) has today issued final draft regulatory technical standards (RTS) for the central clearing of Interest Rate Swaps (IRS) which it is required to develop under the European Markets Infrastructure Regulation (EMIR). The RTS define those types of IRS contracts which will have to be centrally cleared, the types of counterparties covered by the obligation and the dates by which central clearing of IRS will become mandatory for them.