Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • The Egyptian Exchange (EGX) Participates In The Ninth Joint Conference Of The Council Of Egyptian-Japanese Businessmen - Omran: The Courageous Economic Reforms Contributed To The Restoration Of Economic Stability - Omran: I Invite Japanese Investors To Explore The Promising Economic Future Of Egypt

    Date 18/01/2015

    The Egyptian Exchange (EGX) participated in the ninth Joint conference of the Egyptian-Japanese businessmen. In EGX presentation, Dr. Omran emphasized that the courageous economic reforms applied recently and in the forefront subsidy system and tax reforms have greatly contributed in the restoration of the economic stability. He stressed that the economy has begun to clearly respond, which is reflected on the high economic growth rates to reach 4% during the current fiscal year which is expected to cross this frontier during the following year. In the mean time, the budget deficit decreased as well the inflation rates, which has raised Egypt’s credit rating for the first time since 2011, a sign cannot be unnoticed.

  • DFM Announces The Inclusion Of “AMANAT” And “DUBAI PARKS” Into The General Index

    Date 18/01/2015

    Dubai Financial Market announced that shares of two newly listed public joint stock companies, AMANAT and DUBAI PARKS, will be added to its general index (DFMGI) and to sector indices as of Monday January 19th 2015. The number of companies listed in the index increased to 34 companies.

  • Commencement Of Trading On The First Exchange Traded Fund (ETF) In The Egyptian Exchange

    Date 18/01/2015

    The Egyptian Exchange commenced its first ETF trading on Wednesday, January 14, 2015. The newly traded ETF tracks the main index, EGX 30 index, where its certificates are allowed to be traded as other securities, through brokerage firms.

  • DGCX Gold Volumes Grow 14% In December

    Date 18/01/2015

    Gold trading volumes on the Dubai Gold and Commodities Exchange (DGCX) reached 41,945 contracts in December, registering a significant growth of 14% year-on –year.  In December 2014, DGCX volumes witnessed a growth of 25% from the same period last year, recording total monthly volume of 962,438 contracts valued at $ 27.84 billion.  The Exchange’s average daily volume (ADV) grew 19% year-on-year reaching 45,830 contracts in December 2014.

  • Leucadia National Corporation And FXCM Announce $300 Million Financing To Permit FXCM To Continue Normal Operations

    Date 16/01/2015

    Leucadia National Corporation (NYSE: LUK) and FXCM (NYSE: FXCM) today announced that Leucadia would be providing $300 million in cash to FXCM and its subsidiaries (collectively "FXCM") that will permit FXCM to meet its regulatory-capital requirements and continue normal operations after yesterday's loss of $225 million due to the unprecedented actions of the Swiss National Bank. Under the terms of the agreements, Leucadia is investing $300 million in cash into FXCM in the form of a $300 millionsenior secured term loan with a two-year maturity and an initial coupon of 10%. The term loan obligations are guaranteed, on a secured basis, by certain of FXCM's domestic subsidiaries. In addition, Leucadia will receive, in the event of a sale of FXCM or its subsidiaries, a certain percentage of the sale proceeds and, in the event FXCM makes other distributions on account of its equity, a corresponding payment for its own account. This transaction is expected to close this afternoon. Drew Niv, Chief Executive Officer of FXCM, stated: "We could not be more grateful to Leucadia and its team for their rapid and effective response and to our regulators, who have been willing to work with us through this challenging process. Leucadia's support and this financing are by far the best alternative for FXCM, our customers, our shareholders, and all other relevant constituencies. We are pleased to continue to act as the leading online provider of foreign exchange trading and related services to retail and institutional customers worldwide."