News Centre

Egyptian Exchange To Start Block Trading After Approval By Egyptian Financial Supervisory Authority - Block Trading Starts 18 May 2014

Date 15/05/2014

The Egyptian Financial Supervisory Authority EFSA approved today EGX suggestion of applying the mechanism for large volume of transactions on securities listed which is known as Block Trading. The block trading will be applied starting from 18 May 2014, as EGX is keen on developing mechanisms of trading in the market and to facilitate trading for investors and to provide modern mechanisms.

UK's Financial Conduct Authority: Martin Brokers (UK) Limited Fined £630,000 For Significant Failings In Relation To LIBOR

Date 15/05/2014

The Financial Conduct Authority (FCA) has fined Martin Brokers (UK) Ltd (Martins) £630,000 for misconduct relating to the London Interbank Offered Rate (LIBOR). Martins would have been fined £3,600,000 but for the fact that the firm was able to show that it could not pay a penalty of this amount in addition to the other regulatory fines that Martins faces in relation to LIBOR.

MSCI Announces List Of Qatari Stocks To Enter MSCI Emerging Markets Index

Date 15/05/2014

In a move which will help to attract additional foreign investment to the Qatar Stock Exchange, MSCI announced the final list of Qatari stocks that will join the MSCI Emerging Markets Index upon the upgrade of the Qatari market, which will take effect June 2nd 2014.

Hedge Fund Assets Reach New All-Time High Of $2.938 Trillion, Says eVestment Report

Date 15/05/2014

eVestment's April Hedge Fund Asset Flows Report shows hedge fund assets reaching record highs. 

HKEx To Host RMB FIC Market Strategy Forum On 22 May

Date 15/05/2014

 Hong Kong Exchanges and Clearing Limited (HKEx) is hosting a renminbi (RMB) fixed income and currency (FIC) market strategy forum on Thursday, 22 May 2014 in Hong Kong.

ISDA And FIA Europe Publish European Cleared Derivatives Execution Agreement

Date 15/05/2014

The International Swaps and Derivatives Association, Inc. (ISDA) and FIA Europe today jointly announced the publication of the ISDA/FIA Europe Cleared Derivatives Execution Agreement for principal-to-principal client clearing.

Egyptian Exchange: Covering The Arabian Cement Company IPO Exceeds 18.5 Times

Date 15/05/2014

The Egyptian Exchange (EGX) announced that the public offering allocation ratio for the Arabian cement company shares reached 5.4 %, which came after it exceeded the bids quantity with more than 18.5 times of the offered quantity. The total bids volume registered in the private deals market reached 460,576,616 shares by the end of day, while the offered shares volume was  24,951,073 shares.

Thai Bourse Market Report For April

Date 15/05/2014

• Market cap at USD 388 billion, up 9.67 pct from end of last year
• Derivatives trading down 23 pct month-on-month at 54,613 contracts per day
• Foreign investors bought a net USD 491 mln in April

NASDAQ OMX Launches SMARTS For Global FX Surveillance

Date 15/05/2014

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's leading provider of market technology, today announced the launch of its SMARTS FX Trade Surveillance for global foreign exchange (FX) trading.

Perseus Wins Best Innovation 3 Years Running - High Precision Network Provider Honoured For London Metro Wireless (2014) Trans-Atlantic Connectivity (2013) And Brazil Trading Access (2012) At The Global Telecoms Business Innovation Awards

Date 15/05/2014

Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks announced today the company has been awarded a win from Global Telecoms Business (GTB) in London for the third consecutive year in a row. The continuous honour is for Best Innovation and 2014’s accolade specifically recognizes the Wireless Network Infrastructure for London Metro Wireless along with Arista Networks. Prior years include notoriety for QuanTA™ in 2013, the fastest Trans-Atlantic route from NY4 to LD4, and in 2012 for LiquidPath®, the fastest connection from London to Sao Paulo, Brazil.