News Centre

The Egyptian Exchange (EGX) Extends Trading Technology Contract With NASDAQ OMX - EGX, The Middle East's Oldest Exchange Will Continue Operating The X-Stream Trading Engine

Date 14/09/2014

The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) and the Egyptian Exchange (EGX) have entered an agreement to extend the current contract for EGX till January 2020 to tap NASDAQ OMX's X-stream trading technology, the most widely deployed exchange technology in the world.

Cairo Amman Bank Weekly Economic Monitor

Date 14/09/2014

Click here to download Cairo Amman Bank's Weekly Economic Monitor.

HKEx Completes Second Round Market Rehearsal For Shanghai-Hong Kong Stock Connect

Date 14/09/2014

Hong Kong Exchanges and Clearing Limited (HKEx) announced that the second round market rehearsal (MR2) for Shanghai-Hong Kong Stock Connect has been completed smoothly.  The MR2, which was held yesterday (Saturday), was primarily arranged to verify contingency arrangements upon simulated system failover from primary to backup data centre and system capacity.

Chairman Of The Egyptian Exchange Closes Working Visit To New York To Increase Foreign Investment Into The Egyptian Market - NASDAQ OMX Celebrates Visit Of EGX Chairman By Ringing Of Bell Ceremony

Date 14/09/2014

As part of efforts to restore the confidence of foreign investors in the Egyptian market under positive economic and political developments in the country, Chairman of the Egyptian Exchange, Dr. Mohammad Omran meet a number of global financial institutions to inform them of the positive developments in the Egyptian economy in General and the stock market in particular

US Federal Housing Finance Agency Announces Settlement With HSBC

Date 12/09/2014

The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced a settlement for $550 million with HSBC North America Holdings Inc., related companies and specifically named individuals (HSBC).  The settlement resolves claims in the lawsuit FHFA v. HSBC North America Holdings Inc., et al. (S.D.N.Y.), alleging violations of federal, Virginia and District of Columbia securities laws in connection with private-label mortgage-backed securities purchased by Fannie Mae and Freddie Mac during 2005-2007.  Pursuant to the agreement, HSBC will pay $374 million to Freddie Mac and $176 million to Fannie Mae.

Grupo Hotelero Santa Fe, S.A.B. De C.V. Completes A Successful - Primary Public Share Offer On The Mexican Stock Exchange

Date 12/09/2014

Today, Grupo Hotelero Santa Fe, S.A.B. de C.V., with ticker “HOTEL”, completed a successful Primary Public Share Offer on the Mexican Stock Exchange, which represents 27.2% of its capital stock.

Remarks Of US Treasury Acting Assistant Secretary For Financial Institutions Amias Gerety Before The National Association Of Federal Credit Unions - Acting Assistant Secretary Gerety NAFCU Remarks

Date 12/09/2014

Introduction

It seems that each week brings a new report of a cybersecurity incident impacting a U.S. business. And this problem is not limited to large companies. Many of you have likely managed the response to a cyber-attack yourselves. Even if your credit union has not been directly impacted, credit and debit card information is targeted everyday, and your staff should be prepared to answer members' questions and help them sort through what risks they face. 

CFTC Commitments Of Traders Reports Update

Date 12/09/2014

The current reports for the week of September 9, 2014 are now available.

ISDA Extends Date For Adhering To The - ISDA 2014 Credit Derivatives Definitions Protocol

Date 12/09/2014

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that it is extending the adherence period for the ISDA 2014 Credit Derivatives Definitions Protocol until Wednesday, September 17, 2014 at 12 noon New York time.

Nigerian Stock Exchange Weekly Report - Week Ending 12 September, 2014

Date 12/09/2014

A turnover of 3.047 billion shares worth N106.701 billion in 23,679 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 3.280 billion shares valued at N52.808 billion that exchanged hands last week in 25,592 deals.