News Centre

NGX Reveals Results Of Half-Year Review Of Market Indices

Date 04/07/2023

Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its half year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; Corporate Governance Index; Afrinvest Bank Value Index; Afrinvest Dividend Yield Index; Meristem Growth Index; Meristem Value Index; and the five Sectoral Indices of The Exchange - NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods and NGX Oil & Gas.

Investors Responding Positively To FG’s Policies, Says NGX CEO

Date 04/07/2023

The Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola has expressed optimism around the recent policies by the Federal Government since the inauguration of President Bola Tinubu, saying that investors are responding positively with bullish sentiments in the market.

Moscow Exchange Trading Volumes In June 2023

Date 04/07/2023

In June 2023, total trading volumes across Moscow Exchange's markets grew by 32.4% to RUB 97.3 trln (RUB 73.5 trln in June 2022). Unless stated otherwise, all figures below refer to performance for June 2023 and all comparisons are with the same period last year.

BIS: Financial Heterogeneity And Monetary Union

Date 04/07/2023

Summary

Focus

In March 2010, euro zone investors lost trust in the so-called periphery countries, precipitating a sharp pullback of private capital from the region. Although the periphery subsequently endured notable disinflation, a significant gap between the price levels in the core and periphery persisted during the ensuing crisis. As a result, real effective exchange rates in the periphery remained above those of the core countries, impeding the necessary economic adjustments.

Over 800 New Structured Certificates On GPW

Date 04/07/2023

• Raiffeisen Bank International A.G. has issued and introduced 832 new structured certificates to trading on GPW since 18 May 2023
• The new products include discount certificates as well as factor and turbo certificates
• All leverage certificates give investors a choice of leverage and type of position

Nasdaq Announces Semi-Annual Changes To The OMX Stockholm 30 Index

Date 04/07/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Stockholm 30 Index, (OMX Stockholm: OMXS30), which will become effective at market open on Monday, July 3, 2023.

EEX Exchange Council Welcomes Expansion Of Products For The Nordic Power Markets

Date 04/07/2023

The Exchange Council of the European Energy Exchange (EEX) met for its second meeting this year on 28 June 2023, chaired by Dr. Bernhard Walter, Head of Market Design and Regulation at EnBW AG. The meeting focused on the introduction of new EEX products, in particular the Nordic zonal power futures, new natural gas futures and the merging of products in emission allowance trading, as well as the set-up of a new working committee on algorithmic trading.

UK Financial Conduct Authority Bans Paul Steel For Unsuitable Defined Benefit Transfer Advice With £850k To Be Paid In Redress

Date 04/07/2023

The FCA has banned Paul Steel of Estate Matters Financial Ltd (EMF) from working in financial services. 

ACER Consultation Is Open: Methodology For Electricity Intraday Capacity Calculation In The Core Region

Date 04/07/2023

In April, ACER received two proposals for amendments to the electricity intraday capacity calculation methodology in the Core region.

Liquidity Resilience Achievable For Any Market Scenario With Cassini Analytics

Date 04/07/2023

Internationally, increased volatility and market instability have driven liquidity risk to extremes, resulting in many companies seeing the cost of derivatives and margin exponentially increase and, in extreme cases, defaulting on their positions. In May this year, BCBS-CPMI-IOSCO published its report on margin impact on CCPs (centrally cleared commodities), finding that these are sensitive to the impact on margin calls, with some companies adjusting their stress testing approach accordingly. Cassini Systems (Cassini), the front-to-back margin analysis solution for derivative users, is announcing today that it has won the Best Analytics Solution category in this year’s WatersTechnology Asia awards.