News Centre

BME Admits A €750 Million-Euro Convertible Contingent (CoCo) Bond To Trading From CaixaBank

Date 14/10/2020

BME today admitted to trading a Convertible Contingent (CoCo) bond issue from CaixaBank for 750 million euros. It is a perpetual debt issue with a first call date set in April 2028. The issue will have a fixed coupon until 2028 and from there onwards a variable rate linked to the 5-year Mid-Swap. Due to the strong oversubscription during the placement - higher than 4.1 billion euros - the initial interest rate has been lowered to 5.875%. This issue, which qualifies as additional Tier 1 capital (AT1), will allow the entity to strengthen its capital structure and increase the top-quality capital buffer.

DIFC Becomes Region’s First Fully Accredited Member Of Global Privacy Assembly

Date 14/10/2020

• Accreditation reflects DIFC’s commitment to keeping Dubai and DIFC at the forefront of privacy legislation, applying international best practice

London Stock Exchange Group Plc Publication Of Circular And Notice Of General Meeting

Date 14/10/2020

LSEG plc announced on 9 October 2020 that it had agreed to sell its entire shareholding in London Stock Exchange Group Holding Italia S.p.A. (“LSEG Italia”) to Euronext N.V. (the “Transaction”).  The Transaction constitutes a related party transaction for LSEG plc under the Listing Rules and is conditional upon, amongst other things, the approval of LSEG Shareholders.

ETFGI Reports Net Inflows Into ETFs And ETPs Listed In The US At The End Of Q3 Are US$299.86 Billion Significantly More Than The US$196.54 Billion Gathered At The End Of Q3 2019

Date 14/10/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in US gained net inflows of US$35.54 billion during September, bringing year-to-date net inflows through the end of Q3 to US$299.86 billion which is significantly more than the US$196.54 billion net inflows gathered at the end of Q3 2019.  Assets invested in the US ETFs/ETPs industry have decreased by 2.5%, from US$4.85 trillion at the end of August, to US$4.73 trillion, according to ETFGI's September 2020 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

EGX Publishes The Mandatory Trading Fees In Accordance To The Laws And Regulations

Date 14/10/2020

For the Infographs page Click here

UK Financial Conduct Authority Fines ARCM £873,118 For Breaches Of Short Selling Disclosure Rules

Date 14/10/2020

The Financial Conduct Authority (FCA) has fined Asia Research and Capital Management Ltd (ARCM) £873,118 over transparency failures. The firm failed to notify the FCA and disclose to the public its net short position in Premier Oil Plc built between February 2017 and July 2019.

Tether’s ‘Rapidly Rising’ Market Cap Poised To Surpass Ethereum’s Next Year, Bloomberg Reports

Date 14/10/2020

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, may exceed the market capitalization of Ethereum in 2021 forming part of an inexorable trend towards mainstream adoption of stablecoins and central bank digital currencies (CBDCs).

Shanghai Futures Exchange: Notice On Approval Of Membership Of Shanghai Triangle Limited

Date 14/10/2020

As per the application by Shanghai Triangle Limited, according to the Membership Management Rules of Shanghai Futures Exchange and through procedures as required, Shanghai Futures Exchange has approved the membership of Shanghai Triangle Limited.

Qatar Stock Exchange Organizes A Workshop On AML/CFT

Date 14/10/2020

In cooperation with Qatar Finance and Business Academy, QSE organized a training program for all staff on Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT). The training workshops was aimed at reviewing the key concepts related to AML/CFT along with introducing QSE’s roles and responsibilities in this regard. QSE is keen to hold AML/CFT sessions on an annual basis to keep its staff well informed of the latest developments in terms of relevant regulations and the new methods used in money laundering and finance of terrorism.

HKFE Obtains U.S. Commodity Futures Trading Commission Certification For Three Non-USD MSCI Index Futures Contracts

Date 14/10/2020

Hong Kong Futures Exchange Limited (“HKFE”) is pleased to announce that the U.S. Commodity Futures Trading Commission (“CFTC”) has certified the following 3 broad-based equity index futures contracts to be offered and sold to persons in the United States (“U.S.”). U.S. investors can trade the contracts within the U.S.