News Centre

Corporate Actions Revolutionised By Exchange Data International

Date 03/10/2022

Challenger data provider, Exchange Data International (EDI) has announced a new product offering that promises to change how the front- and middle-office at buy-side companies interacts with corporate actions data. For the first time, Readable Corporate Action Notices (RCAN) will enable personnel to read corporate action notices in the same way as they read the news. RCAN covers 45 corporate events, including dividends, mergers and acquisitions, new listings (IPOs), and stock splits, as well as aggregating corporate actions from over 150 exchanges globally.

The Spanish Stock Exchange Opens The Trading Session Ringing The Bell For Financial Literacy

Date 03/10/2022

• The Governor of the Bank of Spain, Pablo Hernández de Cos, led the event, which is part of the Ring the Bell For Financial Literacy initiative.
• BME's training centre, Instituto BME, celebrates Financial Literacy Day with a series of webinars

UAE Securities And Commodities Authority (SCA) Organizes The Activities Of The World Investor Week 202O

Date 03/10/2022

In cooperation with the two financial markets and Dubai Financial Services Authority Holding seminars and workshops on the topics of sustainable financing, investor flexibility, the Authority’s role in preserving investor rights, and its role in protecting his investments

Market Participants Are Invited To Counsel On The New Index Methodology During The Consultation Period: Dubai Financial Market Plans To Adopt A New Index Methodology During The Fourth Quarter Of 2022

Date 03/10/2022

• New DFM’s index to be calculated by S&P Dow Jones Indices 
• Planned enhancements include capping the threshold of individual constituents’ weight at 10%, quarterly rebalancing, calculation of the index based on actual free float adjusted market capitalization and sector alignment with Global Industry Classification Standard
• Hamed Ali: "The new methodology enhances the transparency of price reference that supports investment activities on DFM”

DGCX Launches New Physical Gold Futures And Spot Gold Contracts - Traders, Brokers, Banks And Financial Institutions Across The Middle East And India Set To Benefit From Access To Liquidity Sources Through The DGCX Trading Platform

Date 03/10/2022

Dubai Gold and Commodities Exchange (DGCX) has announced the launch of new Physical Gold Futures and Spot Gold Contracts as it continues its strategic goal of becoming the de facto gold pricing standard in the region.

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 47.8%, Of Which 37.1% For Institutional Investors

Date 03/10/2022

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in September 2022 was JD7.3 million, representing 5.6% of the overall trading value, while the value of shares sold by them amounted to JD9.4 million. As a result, the net of non-Jordanian investments in September 2022 showed a negative value of JD2.1 million, whereas the net of non-Jordanian investments showed a negative value of JD3.6 million during the same month of 2021. 

Banque Internationale de Commerce - BRED (Suisse) SA, Establishes Middle East Presence In DIFC

Date 03/10/2022

Banque Internationale de Commerce - BRED (Suisse) SA (BIC-BRED (Suisse) SA) has selected Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, for its flagship regional office.

EGX Dynamic & Youthful Financial Awareness Efforts

Date 03/10/2022

Rami El-Dokany, Executive Chairman of The Egyptian Exchange (EGX) participated in the celebration of EGX’s first Ambassadors' training programs in the presence of Prof. Dr. Ismail Abdel Ghaffar, President of the Arab Academy for Science and Maritime Transport Technology (AASTMT), Mr. Ahmed Abdel Rahman, Vice President of the Financial Regulatory Authority (FRA) and a number of faculty members of the London School of Economics at the Academy in Cairo. He highlighted EGX’s efforts for spreading financial literacy among youth as one of the main pillars for the development and sustainability of EGX.
 

SET And Thai GE Network Jointly Creates Social Entrepreneurs Via Universities Nationwide For The First Time

Date 03/10/2022

The Stock Exchange of Thailand (SET), together with Thai General Education Network, has encouraged universities across the country to embrace “Social Entrepreneurship” subject as a general education course starting from the academic year 2023 onwards, under a specially designed project called Social Enterprise (SE) @General Education (GE) to groom social entrepreneurs at university level so as to lay the entrepreneurship foundation early, to cultivate the understanding of sustainability values, while creating “change” leaders in the future.

Accelleron, A Global Leader In High-Power Turbochargers And An ABB Spin-Off, Becomes The Fifth Company To List On The Primary Market Of SIX Swiss Exchange In 2022

Date 03/10/2022

Today, Accelleron Industries AG (Ticker “ACLN") listed its shares on SIX Swiss Exchange. At an opening price of CHF 18.00 per share, the resulting market capitalization of Accelleron Industries was CHF 1.7 billion.