News Centre

ICE Announces Second Expiry In ICE Midland WTI American Gulf Coast Futures With 2.5 Million Barrels Going To Delivery In April

Date 24/03/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Midland WTI American Gulf Coast futures (contract code: HOU) went to its second expiry on March 23, with 2,588 contracts going to delivery in April, almost double the 1,400 contracts which went to expiry in March. Each futures contract is equivalent to 1,000 barrels of Permian Basin originated WTI crude oil.

Borsa İstanbul A.Ş. Ordinary General Assembly Meeting Has Been Held

Date 24/03/2022

Borsa İstanbul A.Ş. Ordinary General Assembly Meeting to review financial year 2021 was held at Borsa İstanbul premises today (March 24, 2022). At the Board Meeting held after the General Assembly of the new Board of Directors elected as a result of the voting, Prof. Dr. Erişah Arıcan re-elected as the Chairperson of the Board of Directors and Korkmaz Ergun as the CEO of Borsa İstanbul A.Ş.

Digital Platform And Payment Company, KMMRCE Holdings Opens Its headquarters In DIFC

Date 24/03/2022

• The Dubai-based digital-first technology provider is anchored by two operating companies, KMMRCE Technology and KMMRCE Pay, offering SaaS, EsaaS, and FinTech solutions to enterprise clients worldwide.
• DIFC’s focus on the future of finance and innovation is attracting a wide range of technology-related businesses.

Global Financial Centres Index 31: New York Leads A Tightly Packed Top 10 In The Global Financial Centres Index

Date 24/03/2022

The 31^st edition of the Global Financial Centres Index was published today by Z/Yen Group, in partnership with the China Development Institute (CDI). The launch webinar for GFCI 31 linked London and Abu Dhabi.

Borsa Istanbul: Periodic Review For The BIST-KYD Corporate Eurobond Indices For The Period April-June 2022 Has Been Finalized

Date 24/03/2022

In accordance with the article 3.3. of BIST-KYD Indices Ground Rules, periodic review of the BIST-KYD Corporate Eurobond Indices for the period April-June 2022 (April 1, 2022 – June 30, 2022) has been finalized. There is no Eurobond to be included in or excluded from the BIST-KYD Corporate Eurobond USD and BIST-KYD Corporate Eurobond USD (TRY) Indices and they will continue to be calculated with the same list of constituents in the period April-June 2022.

Finastra And CloudMargin Collateral Management As A Service Offering Accelerates Compliance With UMR Regulation - Financial Institutions Can Comply With Phase 6 Of Uncleared Margin Rules In A Matter Of Week

Date 24/03/2022

Finastra today announced that its Collateral Management as a Service app – powered by CloudMargin and available through Finastra’s FusionFabric.cloud platform ­– now incorporates new capabilities to help financial institutions meet the requirements for Uncleared Margin Rules (UMR).

What Does "Regulated By The Dubai Financial Services Authority" Mean?

Date 24/03/2022

All Firms authorised by the DFSA (Authorised Firms) are obliged to use the phrase "Regulated by the Dubai Financial Services Authority". Authorised Firms must include this phrase across all of their key documents including websites, promotional material, client agreements, text messages, and so on, as required in the General Module (GEN) Rule 6.4 of the DFSA Rulebook. When you are considering engaging with a financial service provider, take the time to consider the firm’s regulatory status. 

Borsa İstanbul’s Opening Bell Rang For Smart Güneş Enerjisi Teknolojileri

Date 24/03/2022

Smart Güneş Enerjisi Teknolojileri listed on Borsa İstanbul with the Opening Bell Ceremony held on March 24, 2022. Shares offered to the public started to be traded in the BIST STARS with the ticker code “SMRTG”.

IPC Launches Connexus® ALPHA - Innovative Cloud Edge Solution To Provide Ultra-Low Latency Connectivity For Global Trading Firms

Date 24/03/2022

IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, announced today an expansion of its electronic trading portfolio with the launch of Connexus ALPHA. This leading-edge solution enables hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers and other market participants to connect to key global liquidity venues through ultra-low latency optimised point-to-point optical fibre connections. Market participants that leverage Connexus ALPHA can gain a valuable speed advantage in executing complex trading strategies while reducing the cost of trades.

IOSCO Explains How Decentralised Finance Is Cloning Financial Markets

Date 24/03/2022

IOSCO has today published a detailed report setting out how decentralised finance (“DeFi”) is quickly evolving to mirror conventional financial markets.