News Centre

DTCC's Margin Transit Utility (MTU) Is Now Connected To All Major Triparty Agents, Transforming Collateral Management Process For The Industry

Date 03/08/2022

• With this milestone, the MTU Triparty Messaging Service provides dealers and buy-side firms a single interface to seamlessly connect with triparty agents, eliminating multiple connectivity builds
• This connectivity also assists firms in complying with upcoming regulations including UMR Phase 6

Raiffeisen Bank International Executes First Non-Standard Interest Rate Swaps

Date 03/08/2022

AxeTrading, the award winning global fixed income trading software company, has extended their Fixed Income products’ offering to support non-standard Interest Rate Swaps. This allows Raiffeisen Bank International (RBI) to respond quickly to complex inquiries in a competitive market environment and gain electronic market share.

UK Financial Conduct Authority Confirms New Rules To Improve Oversight Of Appointed Representatives

Date 03/08/2022

The FCA confirms new rules to make authorised financial firms more responsible for their appointed representatives (ARs). 

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 47.8%, Of Which 37.2% For Institutional Investors

Date 03/08/2022

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in July 2022 was JD13.8 million, representing 7.5% of the overall trading value, while the value of shares sold by them amounted to JD18.5 million. As a result, the net of non-Jordanian investments in July 2022 showed a negative value of JD4.7 million, whereas the net of non-Jordanian investments showed a negative value of JD2.6 million during the same month of 2021. 

The Egyptain Exchange Named Its Training Hall After Prof. Dr. Ahmed Saad

Date 03/08/2022

The Egyptian Exchange named its training Hall after the name of the late Dr. Ahmed Saad, one of the most esteemed capital market figures in Egypt, in honor of his memory and in recognition of his valuable journey that left its impact on the Egyptian capital market.  The family of the deceased attended the ceremony in the presence of EGX’s board members, market participants and EGX management.

Cassini Systems Recognized As A Top FinTech Firm In The UK

Date 03/08/2022

Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has been recognized as an industry leader by the TechRound FinTech50 2022. This highly competitive ranking of the top 50 FinTech firms in the UK is judged by a panel of industry experts, including a member of the Forbes Technology Council and the senior director of a multinational FinTech company. This recognition as a top FinTech firm in the UK is further demonstration of how Cassini’s innovative products are helping to shape the contemporary FinTech sphere and, as a result, changing the way financial institutions operate.

Shieldpay Appoints Sophie Condie As Chief Operating Officer

Date 03/08/2022

Shieldpay, the market leader in secure digital payments, has today announced the appointment of Sophie Condie as Chief Operating Officer.

Tokyo Stock Exchange: Results Of "Availability Of English Disclosure Information By Listed Companies" Survey As Of July 2022

Date 03/08/2022

Tokyo Stock Exchange, Inc. (TSE) promotes English disclosure by listed companies in order to enhance convenience for overseas investors and allow them to make appropriate investment decisions based on information disclosed by listed companies. As part of this effort, since 2019, TSE has been conducting surveys on the availability of English disclosure information by listed companies and providing a list of the results through its website to a wide range of people including overseas investors.

ARRACO Receives MiFID Licence From The Central Bank Of Ireland And Opens Dublin Office

Date 03/08/2022

ARRACO Global Markets Group (“ARRACO”), the award-winning and disruptive interdealer broker for global commodities, has been granted a MiFID licence from the Central Bank of Ireland for its Irish subsidiary ARRACO Ireland Limited to operate and open a new office in Dublin that will serve as the company’s European headquarters. The licence will allow ARRACO to support its EU clients in the power, gas and oil markets and going forward, in trading via the company’s EU Organised Trading Facility (“OTF”).

NGX Applauds Lafarge Africa, Calls On Corporates To Improve ESG Reporting

Date 03/08/2022

Nigerian Exchange Limited (NGX) has applauded Lafarge Africa Plc for consistency in disclosing its sustainability performance to capital market stakeholders. This was conveyed during the Facts Behind the Sustainability Report (FBSR) presentation of Lafarge Africa hosted by NGX on Tuesday, 2 August 2022.