News Centre

Multiple New Hedge Funds Establish In DIFC, Reconfirming Dubai’s Position As A Top Global Hub For Industry

Date 28/11/2023

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today confirmed that unprecedented numbers of hedge funds continue to set up in the Centre, boosting Dubai’s reputation as the region’s top location for the industry.

Exchanges Ring The Bell Globally To Mobilise For Climate

Date 28/11/2023

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, is mobilising the exchange industry for its inaugural Ring the Bell for Climate initiative. Over the next few weeks exchanges will come together to take steps to address climate change and sustainability issues.

Doorda And Point Sigma Improve AI-Driven Analytics By Incorporating A Vast Selection Of UK Data - Doorda Enhances Point Sigma’s End-To-End, Autonomous AI-Driven Analytics Solution With Unique, Curated Data, Accelerating The Journey To Key Insights For Companies Such As Funding Circle

Date 28/11/2023

Doorda, a British analytics-ready data provider, has partnered with Point Sigma, the world’s first fully end-to-end, autonomous AI-driven data analytics solution. Doorda’s trusted, unique data – gathered only from official sources in the UK – is now a core part of Point Sigma’s platform which broadens the reach of analytics to all decision makers and creates significant competitive advantage for clients.

Crypto Derivatives Market Structure In Europe Set For Change With Launch Of New Onshore Markets: Acuiti Study

Date 28/11/2023

Market structure for crypto derivatives trading is set to evolve rapidly over the next three years as a new generation of onshore regulated trading venues launch, a study from Acuiti has found. 

Worldline Awarded Payment Institution Authorisation By The FCA, Ensuring Business Growth In The Post-Brexit UK Payments Landscape

Date 28/11/2023

Worldline (Euronext: WLN), a global leader in payment services, announces it has been granted Payment Institution Authorisation by the Financial Conduct Authority (FCA). The licensing confirms Worldline’s ambitions to further reinforce its presence in the UK and enhance its offerings for both local and international merchants operating across the country.

Seychelles Government Selects SECDEX Digital Carbon Market Solution To Be Showcased At COP28

Date 28/11/2023

• Showcase in Blue Zone, Seychelles Pavilion, 4 December
• Presentation demonstrating importance of digitally interconnecting ESG markets to achieve Net Zero from Seychelles to the world
• Collaboration with local partner Island Carbon Consult and ZERO13 

SET Commits To Net-Zero Emissions By 2050

Date 28/11/2023

The Stock Exchange of Thailand (SET) has pledged to tackle climate change by announcing Net-zero commitments by 2050. The target has been set based on climate science in accordance with the Science Based Target initiative (SBTi) Net-Zero Standard.  The intention of SET’s commitment towards the long-term action plan is to take part in solving the intensifying climate crisis problems which impacts  the economy, society, and environment. This implementation is in line with SET’s strategic plan to continuously drive sustainability both internally and externally, as well as supporting the efforts to limit global temperature rise below 1.5 degrees Celsius according to the Paris Agreement.

Finansinspektionen Analysis No. 41: Commercial Real Estate Firms May Need To Reduce Their Debt

Date 28/11/2023

In this analysis, we estimate how much Swedish listed and larger privately owned commercial real estate firms need to reduce their debt in a climate of rising financing costs and falling property values. We calculate the firms need to reduce their debt to maintain certain levels of interest coverage ratio and loan-to-value.

TNS Establishes Colocation Services At Brazil's Largest Stock Exchange - The Partnership Provides Low Latency Connectivity, Managed Hosting And Market Data Solutions Via The TNS Network

Date 28/11/2023

Today, Transaction Network Services (TNS) announced colocation services with B3 S.A. (Brasil, Bolsa, Balcão), Brazil’s largest stock exchange and the world’s third largest derivatives exchange, based in Sao Paulo. This collaboration strengthens TNS' global solutions for financial markets, delivering seamless connectivity via the TNS ultra low latency trading network.

Finansinspektionen - Stability In The Financial System (2023:2): Adjustments To Higher Interest Rates Remain To Be Made

Date 28/11/2023

The higher interest rate means that households and companies need to make adjustments to their finances. Finansinspektionen (FI) is now seeing a decline in risk-taking. However, the change in the state of the economy and uncertainty regarding how long the higher interest rates will remain pose a risk to financial stability. Commercial real estate undertakings with high debt are particularly at risk should the interest rates remain high. These are the conclusions of the second Stability Report of the year.