News Centre

IQ-EQ Launches Hybrid Funds Desk To Meet Growing Client And Industry Demand - Leading Global Investor Services Provider Announces New, Market-Leading Offering For Hybrid Fund Managers

Date 20/01/2022

IQ-EQ, a leading global investor services provider, announced today the launch of its new Hybrid Funds Desk. The new desk will provide the burgeoning hybrid funds market with a dedicated, globally integrated team with expertise across open-ended and closed-ended fund structures.

EGX: Marseille Almasreia Alkhalegeya For Holding Investment Transfers From the SMEs To The Main Market

Date 20/01/2022

The Egyptian Exchange (EGX) welcomed its 216 new arrival in the main market, Marseille Almasreia Alkhalegeya for Holding Investment, making the total number of listed companies on EGX to 243 companies after the transfer of its shares from the SMEs market to the main market.  The company’s issued capital is EGP100.8 Million distributed over 100.8 million shares with a nominal value of 1 pounds per share.  The company is obliged to publish its disclosures in accordance with the article (7) of the listing rules

Borsa Istanbul: Amendment Of Debt Securities Market Procedure

Date 20/01/2022

Click for the announcement.

Digital Transformation Drives Fivefold Growth In VC Funding Into Low-Code/No-Code Platforms, Finds GlobalData

Date 20/01/2022

Amidst a growing number of companies pouring millions into digital transformation for business resilience, primarily against the backdrop of the COVID-19 crisis, low-code/no-code (LCNC) platforms are gaining momentum to cut down lengthy software development cycles to create new applications that meet immediate business needs. This has resulted in an year-on-year fivefold rise in the venture capital (VC) funding into LCNC platforms in 2021, according to GlobalData, a leading data, and analytics company.

TradeStation Crowned Winner Of ‘Broker Of The Year’ At TradingView Broker Awards

Date 20/01/2022

TradingView, the world’s most popular investing website, has today announced TradeStation as the ‘2021 Broker of the Year’ at the TradingView Broker Awards.

Broadridge Is First Fintech To Utilize DTCC’s New Process For Submitting Corporate Actions Reorg Instructions - New Offering Further Enhances Global Asset Servicing Solutions Product Set

Date 20/01/2022

London, January 20, 2022– Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced it is the first fintech provider to connect to The Depository Trust & Clearing Corporation’s (DTCC’s) new automated process for submitting instructions for voluntary corporate actions in ISO 20022 format. The newly enhanced Reorganizations service, offered by DTCC’s subsidiary, The Depository Trust Company (DTC), automates the manual process of submitting corporate action instruction, thereby reducing risk associated with human error and providing significant cost savings for clients.

Moscow Exchange: Risk Parameters Change For The Security RU000A1031Z2

Date 20/01/2022

As per the Securities market risk parameters methodology, on 20.01.2022, 13-25 (MSK) the upper bound of the price band (up to 102.87) and initial margins (up to 13.75 %) for the security RU000A1031Z2 were changed. New values are available here

SGX RegCo Issues Trade With Caution Alert On Shares Of Metech International Limited

Date 20/01/2022

Singapore Exchange Regulation ("SGX RegCo") urges investors and potential investors to exercise caution when dealing in the shares of Metech International Limited ("Metech"). The share price of Metech rose from $0.245 on 1 November 2021 to $0.375 on 21 December 2021, a rise of $0.125 or 51%. This was despite the Straits Times Index ("STI") declining 133.97 points or 4.2% during this period.

UK Financial Conduct Authority Review Finds Evidence Of Growing Competition In Retail Banking

Date 20/01/2022

Greater competition in retail banking is driving choice and lower prices for consumers and small businesses, despite the financial impact of the pandemic.

LCH SwapAgent Processes First Interbank USD/HKD Cross Currency Swap

Date 20/01/2022

• Goldman Sachs and Morgan Stanley acted as counterparties to the trade
• SwapAgent saw growth of over 750% in BAU cross currency notional registered in H2 2021 compared to H2 2020
• Extension builds upon strong growth at LCH SwapAgent