News Centre

Al Ahli Bank Of Kuwait Headed Towards Further Growth In DIFC With License Upgrade

Date 02/02/2022

• The upgrade allows ABK-DIFC to offer a wider range of services, which reaffirms the position of ABK-DIFC as a regional offshore banking hub for corporate, multinational and financial institutions.
• ABK-DIFC’s staff expanded by almost 60 per cent since inception with the aim to quadruple the number of employees by 2026.
• ABK-DIFC witnessed a significant growth in the number of clients from the GCC as well as leading entities in MENA.
• Since 2018, ABK-DIFC exceeded its objectives by continuously growing its business as well as product offering.

Ideal Launches The First-Ever Crypto Analytics API Using Pyth Network Market Data - Ideal’s Market Impact Analytics Provide Crypto Trading Firms With Unprecedented Transparency On Transaction Costs And Profitability

Date 02/02/2022

Ideal, the decision intelligence firm, today announced it has launched the first-ever crypto analytics API using Pyth Network’s real-time on-chain market data. Ideal’s Impact API empowers crypto trading firms with institutional-grade analytics and total transparency on their transaction costs and profitability.

Cowen Fixed Income Outsourced Trading Continues Team Expansion With Appointment Of John Orrock As Managing Director

Date 02/02/2022

Cowen (NASDAQ:COWN) (“Cowen” or the “Company”) today announced the expansion of its Fixed Income Outsourced Trading team with the appointment of John Orrock as Managing Director. He will be based in the UK and will report directly to Joram Siegel, Head of Fixed Income Outsourced Trading.

DGCX Begins 2022 With Total Trades Valued At USD 7.95 Billion In January

Date 02/02/2022

Against the global backdrop of soaring inflation, a potential rise in interest rates, as well as high crude oil prices, the Dubai Gold & Commodities Exchange (DGCX) registered a monthly Average Open Interest (AOI) of 128,828 contracts during January – as well as traded a total value of USD 7.95 billion during the month - as members looked to further manage their risk.

Moscow Exchange: Risk Parameters Changes For The Securities GOOG-RM And PYPL-RM

Date 02/02/2022

Please follow the links below to access the information:

Risk parameters change for the security GOOG-RM
Risk parameters change for the security GOOG-RM
Risk parameters change for the security PYPL-RM

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 02 February 2022 In The Equity Market

Date 02/02/2022

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 02 February 2022. Please click for the related Announcement.

SIX Exchange Regulation: Sanction Proposal Against Blackstone Resources AG

Date 02/02/2022

SIX Exchange Regulation AG (SER) has submitted a request for a sanction to the Sanctions Commission of SIX Group against Blackstone Resources AG concerning alleged violations of the regulations on financial reporting on 1 February 2022.

OCC Releases CRA Evaluations For 16 National Banks And Federal Savings Associations

Date 01/02/2022

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of January 1, 2022 through January 31, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.

SEC Files Fraud Charges Alleging A Multi-Million Dollar Scheme That Targeted Retirement Accounts

Date 01/02/2022

The Securities and Exchange Commission today announced charges against Safeguard Metals LLC, and its owner, Jeffrey Santulan, for engaging in a multi-million dollar fraudulent scheme involving hundreds of investors who were at or near retirement age.

The CFTC And 27 State Securities Regulatory Agencies Charge Los Angeles Area Precious Metals Dealer In Ongoing $68 Million Fraud Targeting The Elderly CFTC And State Securities Regulatory Agencies Again Join Forces To Combat Investment Fraud

Date 01/02/2022

The Commodity Futures Trading Commission and 27 state securities regulatory agencies that are members of the North American Securities Administrators Association (NASAA) announced the filing of a joint civil enforcement action in the U.S. District Court for the Central District of California against a precious metals dealer and its owner for orchestrating a $68 million fraudulent scheme targeting elderly persons nationwide.