News Centre

Changes In The Management Boards And The Exchange Councils Of The Frankfurt Stock Exchange And Eurex Deutschland

Date 11/11/2021

The Exchange Council of the Frankfurt Stock Exchange (FWB) has appointed Eric Leupold, Head of Cash Market at Deutsche Börse AG, as a new member of the FWB's Management Board. In addition, he was elected as Chairperson of the Management Board and Cord Gebhardt as the new Deputy Chairperson. The Exchange Council of Eurex Deutschland has appointed Jonas Ullmann, Member of the Executive Board of Eurex Frankfurt AG and Chief Operating Officer, as new Member of the Board of Management of Eurex Deutschland. At the same time, Thomas Book, Member of the Executive Board Trading & Clearing of Deutsche Börse AG, resigned from the management boards of both exchanges.

Twitter Establishes Dedicated Digital Assets Team

Date 11/11/2021

Twitter has established a dedicated digital assets team in a push to embrace the adoption of digital assets and decentralised apps.

SIA: Consolidated Financial Results At 30 September 2021 Approved

Date 11/11/2021

• Strong growth in revenues and EBITDA
• Revenues of €589.1 million (+12% YoY)
• BITDA of €237.3 million (+21.7% YoY)
• Issuing and acquiring transaction volumes back to pre-Covid growth levels
• In the third quarter of 2021 revenues of €207.5 million (+9% YoY) and EBITDA of €91.6 million (+12% YoY), confirming the growth trend of the volumes processed
• Rapid increase of volumes in Q3 2021 following gradual easing of restrictions: in September +22% YoY, and +17% compared to the same month in 2019
• Guidance 2021: expected growth in revenues in the year of around +10% and EBITDA of around +15%.

UAE Securities And Commodities Authority Solicits Input On The SPAC Draft Regulation Posted On Its Website

Date 11/11/2021

The Securities and Commodities Authority (SCA) made available on its website a 21-article draft regulation on special purpose acquisition companies (SPACs) to take public comment and solicit input from the financial industry and stakeholders.

Monetary Authority Of Singapore Announces Winners Of The Global CBDC Challenge

Date 11/11/2021

The Monetary Authority of Singapore (MAS) today announced the results of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the FinTech Awards Ceremony of the Singapore FinTech Festival (SFF). The Global CBDC Challenge has helped to identify and develop retail CBDC solutions that increase payment efficiencies, improve financial inclusion and support the broader digitalisation drive in the economy. The Challenge was held in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development . 

EGX: The Government Announces A Package Of Incentives To Support The Capital Market And Improve The Investment Environment

Date 11/11/2021

Dr. Mustafa Madbouli, Egyptian Prime Minister, held meetings yesterday to discuss means of supporting the Egyptian Capital Market and improve the investment and business environment, in the presence of Dr. Mohammed Mait, Minister of Finance, Hisham Tawfiq, Minister of Public Enterprise Sector, Ahmed Koushouk, Vice Minister of Finance for Fiscal Policy, Advisor Mohamed Abdel Wahab, CEO of the General Authority for Investments, Dr. Mohammed Omran, Chairman of the Financial Regulatory Authority (FRA), Dr. Mohammed Farid, Executive Chairman of the Egyptian Exchange (EGX), Shirin Sharqawi, Assistant Minister of Finance, Ahmed Samir, Head of the Economic Committee at the Egyptian parliament, Dr. Hani Sari Eldine, Head of the Economic Affairs committee at the Egyptian Senate, Alaa Amer, Chairman of Misr for Central Clearing, Depository and Registry (MCDR), Karim Awad, EFG Hermes, Ahmed Abu Al‐Saad, Head of Egyptian CFA Association, Mohammed Maher, Head of the Egyptian Capital Market Association, and Saleh Nasser, representative of the Egyptian Society of Technical Analysts.

CryptoUK Appoints Rob McWilliam As Non-Executive Director

Date 11/11/2021

CryptoUK, the trusted voice of the UK crypto industry, has today announced the appointment of Rob McWilliam as its new non-executive director (NED).

Cloud Adoption In Banking Accelerates As Banks Ramp Up Digital Services, Reports Economist Intelligence Unit - 72% Say Moving To The Cloud Will Help Their Organization Achieve Its Business Priorities

Date 11/11/2021

In a new survey of IT executives in the banking sector, conducted by The Economist Intelligence Unit and supported by Temenos (SIX: TEMN), more than seven in ten (72%) report that incorporating the cloud into their organization’s products and services will help them to achieve their business priorities. Just under half (47%) say that it will do so “to a great extent”.

SGX Welcomes Trans-China Automotive Holdings Limited To Catalist

Date 11/11/2021

Singapore Exchange (SGX) today welcomed Trans-China Automotive Holdings Limited to its Catalist under the stock code “VI2”.

Singapore’s Infocomm Media Development Authority (IMDA), Monetary Authority Of Singapore: World’s First Digital Trade Financing Pilot Between MLETR-Harmonised Jurisdictions - Paves The Way For Wider Adoption Of IMDA’s TradeTrust Framework To Facilitate The Exchange Of Digital Trade Documents In Global Trade Finance

Date 11/11/2021

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), in collaboration with commercial partners DBS Bank, Emirates NBD and Standard Chartered, have successfully concluded the world’s first cross-border digital trade financing pilot of its kind.