News Centre

Registration Is Open For ACER’s 3 Workshops Related To The Electricity Grid Connection Network Codes

Date 28/03/2023

ACER is organising three hybrid workshops in its premises in Ljubljana in April/May 2023 on certain technical requirements related to the electricity grid connection network codes:

Exchange Council Endorses EEX's Approach Regarding Gas Price Cap

Date 28/03/2023

The Exchange Council of the European Energy Exchange (EEX) held its first meeting of this year on March 23, 2023, chaired by Dr. Bernhard Walter, Head of Market Design and Regulation of EnBW AG. Key topics of the meeting included measures taken by EEX regarding the gas price cap, the expansion of product offering in the freight segment, access of the clearing house to EUA auctions, as well as implications of high-frequency trading on the exchange.

LCH SwapAgent Processes First Trades For KfW Using EUR Transport Currency

Date 28/03/2023

• KfW transacts first Transport Currency trades through LCH SwapAgent, with Bank of America, Commerzbank, Danske Bank and Santander as counterparties.
• Transactions highlight LCH SwapAgent’s commitment to working with participants in the uncleared derivatives market to develop innovative solutions.
• LCH SwapAgent offers standardised infrastructure and efficiencies to the uncleared derivatives market.

Release Of The 2023 Responsible Investment Brand Index

Date 28/03/2023

• Positive progress towards further embedding responsible investment principles within the asset management industry
• The top-10 asset managers are all European

ESMA Publishes Guidance On Fractional Shares

Date 28/03/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has issued today a Public Statement addressing investor protection concerns raised by derivatives on fractions of shares.

The Tel Aviv Stock Exchange Reports The Results Of The Financial Statements For The Fourth Quarter And For 2022 - TASE Concludes The Year With A 12% Increase In Revenues And The Net Profit - The EBITDA Grows By 31% To A Record Amount Of NIS 135 Million

Date 28/03/2023

• ​TASE's revenues for 2022 totaled NIS 361 million, compared to NIS 323.7 million in 2021, an increase of 12%.
• Revenues in the fourth quarter of 2022 totaled NIS 86.3 million, an increase of 1% compared to the revenues in the corresponding quarter last year, despite the decrease number of trading days.  
• The net profit in 2022 increased by 12% and totaled NIS 50.8 million, compared to NIS 45.5 million in 2021.
• The net profit in the fourth quarter of 2022 totaled NIS 13.2 million, compared to NIS 14.1 million in the corresponding quarter last year, a decrease of 6%, which stemmed mainly from the fewer number of trading days and the increase in the financing expenses.
• The adjusted EBITDA for 2022 totaled NIS 135.2 million, compared to NIS 103 million in 2021, an increase of 31% between the years. The adjusted EBITDA in the fourth quarter of 2022 totaled NIS 32.1 million, compared to NIS 29.5 million in the corresponding quarter last year, an increase of 9% between the quarters.
• A decade's record high in trading volumes: an increase of 22% in the average daily trading volume in the equity market compared to 2021; the highest since 2011.
•  Foreign investors infused NIS 14.1 billion into the equity market, continuing to the NIS 13 billion total net purchases in 2021.

Hong Kong Securities And Futures Commission Publicly Criticises Cheung Chi Shing For Breach Of The Takeovers Code

Date 28/03/2023

The Securities and Futures Commission (SFC) has publicly criticised Cheung Chi Shing for his failure to obtain regulatory approval before triggering a mandatory general offer obligation, in breach of the Takeovers Code.

Cooperation Between The General Authority For Investment And Free Zones And The Egyptian Exchange

Date 28/03/2023

Capitalizing on the Protocol of Cooperation signed between the General Authority for Investment and Free Zones (GAFI) and the Egyptian Exchange (EGX) last month, the joint committee held its first meeting headed by Major General Yasser Abbas - Executive Vice President of GAFI and Ms. Heba El-Serafi - Vice Chairperson of EGX and Vice Chairperson of the Committee.

The Amman Stock Exchange Requests Listed Companies To File The Annual Financial Statements Of 2022 Before The End Of March

Date 28/03/2023

Mr. Mazen Wathaifi the Chief Executive Officer of Amman Stock Exchange (ASE) said that the ASE requests listed companies to submit their audited annual financial statements reports for the period ended December 31, 2022, through the e- disclosure System XBRL, prior to the end of this month March,2023.

IOSCO Sets Out Key Considerations For An Effective Global Assurance Framework For Sustainability-Related Corporate Reporting - IOSCO Encourages Timely And High-Quality Profession-Agnostic Standard-Setting Outcomes Responsive To The Public Interest; Calls For Early Engagement With Preparers, Investors And Providers; And Supports Capacity Building Across The Entire Sustainability Reporting Ecosystem

Date 28/03/2023

The International Organization of Securities Commissions (IOSCO) has today published a Report on International Work to Develop a Global Assurance Framework for Sustainability-related Corporate Reporting.