News Centre

EGX: Lists Of Securities Eligible For Specialized Activities (Aug. 2021)

Date 01/08/2021

Within the framework of EGX periodical review for companies eligible for specialized activities; Same Day Trading, Margin Trading and Short Selling, as per EGX Chairman Decrees No. 618 for the year 2020, No. 620 for the year 2020, No. 622 for the year 2020 & No. 623 for the year 2020, lists of Securities eligible for specialized activities (as of August 2, 2021) are amended as follows: (attached detailed lists)

Amman Stock Exchange: The Net Profits Of The Companies Listed For The First Half Of 2021 Increased 328% In Comparison With The Same Period Of 2020

Date 01/08/2021

The Chief Executive Officer (CEO) of the Amman Stock Exchange (ASE), Mr. Mazen Wathaifi stated that the net profit after tax attributable to shareholders for the first half of 2021 for the listed companies which have provided the ASE with their financial reports has witnessed a significant improvement where it increased to JD502.7 million, compared to JD117.5 million for the first half of 2020, an increase of 328%. And the profit before tax for these companies increased to JD741.8 million for the first half of 2021, compared to JD253.7 million for the first half of 2020, an increase of 192.4%.

Tehran Stock Exchange Weekly Market Review - 24 July 2021 To 28 July 2021

Date 31/07/2021

Click here to download Tehran Stock Exchange's weekly market review. 

Assessing Progress As The Economy Moves From Reopening To Recovery, Federal Reserve Governor Lael Brainard, At "Rebuilding The Post-Pandemic Economy" 2021 Annual Meeting Of The Aspen Economic Strategy Group, Aspen, Colorado

Date 31/07/2021

The economy is reopening, consumer spending is strong, and hundreds of thousands of workers are finding jobs in the hard-hit leisure and hospitality sector each month. Pent-up demand has outstripped capacity in some sectors, as businesses that had pared back to survive the pandemic are encountering bottlenecks as they rehire and restock.1 These mismatches have made it more difficult to interpret the first few months of reopening data.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 30/07/2021

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or deceased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of July 26, 2021 as indicated in the Weekly Notice. 

Joint Statement By U.S. Department Of The Treasury Janet L. Yellen And Secretary Antony J. Blinken Welcoming The EU Sanctions Regime On Lebanon

Date 30/07/2021

The United States welcomes the EU’s adoption today of a new sanctions regime to promote accountability and reform in Lebanon.  As an increasing number of Lebanese suffer from the country’s worsening economic crisis, it is critical that Lebanese leaders heed their people’s repeated calls for an end to widespread corruption and government inaction and form a government that can initiate the reforms critical to address the country’s dire situation.  

U.S. Promoter Of Foreign Cryptocurrency Companies Pleads Guilty For Role In Multimillion-Dollar Securities Fraud Scheme

Date 30/07/2021

A California man pleaded guilty today in the Eastern District of New York for his participation in a coordinated cryptocurrency and securities fraud scheme through purported digital currency platforms and foreign-based financial accounts. 

Statement On FINRA Rule Regarding High-Risk Firms, SEC Commissioner Allison Herren Lee, SEC Commissioner Caroline A. Crenshaw, July 30, 2021

Date 30/07/2021

Today, the Commission approved FINRA’s proposed rule change to, among other things, impose additional obligations on FINRA member firms with a significant history of misconduct, as well as those firms that employ individual brokers with such histories (collectively “high risk firms”). We appreciate FINRA’s attention to these high risk firms because they raise important investor protection concerns.  We were pleased to see FINRA’s commitment to working with state securities regulators to share information regarding these firms. We are also pleased that FINRA’s Board recently approved a plan for a separate filing to disclose the identities of high risk firms to the public, which it expects to file promptly.  A firm’s high-risk status is important information and will help investors make informed choices about the firms they select.  We intend to monitor this important investor protection issue and will evaluate whether additional steps may be needed to address recidivist firms and brokers. 

AELP Link To Boost Trading Between NGX And Other African Exchanges

Date 30/07/2021

Cross-border trading from one African securities exchange to another comes a step closer today, after the African Securities Exchanges Association (ASEA) signed a contract to procure an order-routing system. Seven of Africa’s leading securities Exchanges are working together in the African Exchanges Linkage Project (AELP) to boost pan-African investment flows and bring more liquidity to African markets.

Nadex Refrains From Listing Certain Contracts

Date 30/07/2021

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions: 

• No GBP/JPY 5-Minute contacts were listed for the 6:05pm ET expiration time on trade date July 29, 2021.