News Centre

Global Class Action Mega-Settlements Smash Four-Year Average By Over 87% New Broadridge Report Shows - Expansion Of Opt-In Jurisdictions And Increasing Prevalence Of Collective Investor Global Actions Among Top 2023 Trends

Date 15/02/2024

Class action securities settlements had an exceptional year in 2023 with 126 distinct filing opportunities globally, resulting in a settlement value of more than $5.5 billion, according to the fifth annual Broadridge Global Class Actions Report released by global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR).

DIFC’s 20th Anniversary Takes Flight With Strong Contribution To Dubai’s Economy And Record-Breaking Annual Results - Demonstrates Mohammed bin Rashid’s Original Vision For Dubai To Be The Region’s Leading Global Financial Centre

Date 15/02/2024

Maktoum bin Mohammed: Mohammed bin Rashid’s vision to transform Dubai into one of the world’s leading global financial hubs articulated two decades ago continues to be the cornerstone of DIFC’s sustained performance over the years

DGCX Monthly Bulletin - January 2024

Date 15/02/2024

In January 2024, 182,939 contracts were traded on DGCX with a value of USD 4,359.79 million and an average Open Interest of 10,514. 

Data: Strongest Quarterly Performance For Defined Benefit Plans, Median Return Of 8.3% - Confluence Report

Date 15/02/2024

The latest Plan Universe report from Confluence reported the strongest quarterly performance for defined benefit plans. After a challenging third quarter in which defined benefit plans posted a median return of -2.9% (gross of fees), defined benefit plans’ performance rebounded in the fourth quarter, posting their highest return since Q4 2020, with a median return of 8.38%.

REMIT Breach: French Energy Regulator (CRE) Fines Engie €500,000

Date 15/02/2024

CRE’s Dispute Settlement and Sanctions Committee (CoRDiS) has imposed a €500,000 fine on Engie for insider trading on the French wholesale electricity market and for failing to publicly disclose inside information in an effective and timely manner.

New Paper Highlights The Role Of Liquidity Providers In Efficient Markets - How A Recent Market Anomaly Illustrates The Fundamental Role Of Liquidity Providers In European Financial Markets

Date 15/02/2024

Analysis of market data from a day when a partial outage prevented liquidity providers from accessing a major pan-European exchange has revealed that their absence materially decreased volumes and increased the cost of trading, according to a paper published today by FIA European Principal Traders Association. 

Borsa İstanbul’s Opening Bell Rang For Bor Şeker A.Ş.

Date 15/02/2024

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Bor Şeker A.Ş. at Borsa İstanbul."

SET Sustainability Forum 2024 Calls On All Thai Capital Market Stakeholders To Reflect On Governance Practices For Strengthening Trust In The Global Market

Date 15/02/2024

The Stock Exchange of Thailand (SET) and SET ESG Academy, together with capital market executives locally and abroad today organized “SET Sustainability Forum 1/2024: Grounding Greater Governance for Good”. The forum is aimed at emphasizing the significance of robust corporate governance as the cornerstone for sustainable business development and investment.  The discussions centered around the crucial aspects of reliable quality environmental, social, and corporate governance (ESG) data, as well as its application in driving impactful business and investment decisions both locally and globally.

JPX Market Innovation & Research: Release Of Data Distribution Service J-Quants Pro (Paid Version) For Corporate Users

Date 15/02/2024

Since October 2023, JPXI has made a free trial version of J-Quants Pro available to corporate users, aiming to deliver financial data related to the Japanese market in an easy-to-use manner through APIs and SFTP. Based on the positive feedback and evaluations received from many users during this trial period, JPXI has officially released the paid version of J-Quants Pro today, February 15, 2024.

Singapore Securities Industry Council ("SIC" Or The "Council") Public Statement On Merger Of Mapletree Commercial Trust And Mapletree North Asia Commercial Trust

Date 15/02/2024

Background

1  On 31 December 2021, Mapletree Commercial Trust Management Ltd. (the “MCT Manager”) and Mapletree North Asia Commercial Trust Management Ltd. (the “MNACT Manager”) announced (the “Joint Announcement”) the proposed merger of MCT and MNACT (the “Merger”) to form Mapletree Pan Asia Commercial Trust (“MPACT”). The Merger was effected through the acquisition by MCT of all the units of MNACT (the “MNACT Units”) by way of a trust scheme of arrangement (the “Trust Scheme”) in accordance with the Singapore Code on Take-overs and Mergers (the “Code”) and the deed of trust constituting MNACT. The Merger was approved by MCT and MNACT unitholders at their respective extraordinary general meetings and the Trust Scheme became effective on 21 July 2022.