News Centre

Reminder Announcement By The Saudi Stock Exchange (Tadawul) With Respect To Suspend Calculation Of The Parallel Market Index (NOMU)

Date 12/05/2020

With reference to the Saudi Stock Exchange (Tadawul) announcement dated 21/08/1441 H corresponding to 14/04/2020 G, regarding the adjustment of the capping threshold of the issuer weight in the Parallel Market Capped Index (NomuC) and suspend calculation of the Parallel Market Index (NOMU).

COVID-19 Market Research: Looking Beyond The Storm, By Christopher Dembik, Head Of Macroeconomic Research At Saxo Bank

Date 12/05/2020

Conclusion

• An unprecedented crisis: Almost 100% of businesses are affected by the COVID-19 outbreak vs 60% in a « normal » recession. 
• Main downside risks to growth (from U-shaped recovery to L-shaped recovery): Weak global aggregate demand (hysteresis effect), tourism not back to normal before 2021-22 (more than 15% of direct GDP contribution in Spain, Portugal and Greece), wave of bankruptcies in the service sector. 
• New policy innovations: MMT, monetization, UBI to address social discontent and higher unemployment, YCC – Yiel Curve Control to limit the appreciation in interest rates. 
• Regime shift back towards the 1950s: Big government and ultra-loose monetary policy (“lean against the wind” monetary policy). Long-term risk: higher inflation amplified by de-globalisation forces, debt monetization and the redirection of value chains. 
• Higher taxation everywhere. 
• Governments will stop using nominal GDP and will refer to wellbeing indicators.

Greenstone Systems And R.J. O’Brien’s Hrvyst Partner To Digitally Connect Origination, Merchandising, Hedging For U.S. Grain Industry - Hrvyst And MyGrower Integration To Launch Broadly This Summer

Date 12/05/2020

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, and Greenstone Systems, the leading market provider of integrated agricultural accounting and management software, today announced that RJO’s Hrvyst initiative has partnered with Greenstone to digitally connect and automate origination, merchandising and hedging for U.S. grain companies. The integration will be piloted at several locations throughout the country with broad commercial availability expected this summer.

Egyptian Exchange Develops Electronic Platform - Enhances Communication Between Market Participants

Date 12/05/2020

The Egyptian Exchange develops an Electronic Platform to enhance Communication between the parties to the Market for the Continuity of work in Light of "Corona"

Insight Discovery Partners With Senasen Group To Power Investment Management Companies Investor Engagement

Date 12/05/2020

Insight Discovery, an award-winning strategic communications and market intelligence business is delighted to announce that it is the Middle East partner for Senasen Group, which has developed a Fintech platform to help investment management companies make fund distribution and investor engagement more efficient- from originating a new relationship to managing a client relationship. Senasen enables companies to profile your overall brand, profile individual funds, and communicate directly with interested investors.

S

SET Market Report For April 2020

Date 12/05/2020

The Stock Exchange of Thailand (SET) Index ended April at 1,301.66 points, gaining 15.6 percent from the preceding month, while the average daily trading value of SET and Market for Alternative Investment (mai) surged 28 percent to THB 68.09 billion (approx. USD 2.10 billion) from the 2019 average. Foreign investors sold a net THB 46.78 billion worth of Thai shares, moving in tandem with other Asian markets.

Exactpro Awarded Innovation Accolade For Blockchain Project With R3

Date 12/05/2020

Exactpro, a leading software testing provider for financial market infrastructures, is pleased to announce the receipt of QA Financial’s “Automation Technology Project of the Year: Exactpro and R3” award, in recognition of its work with R3’s Corda Enterprise Distributed Ledger Technology (‘DLT’).

EDHEC-Risk: More Losses Than Gains For Hedge Fund Performances

Date 12/05/2020

The EDHEC-Risk team has released the latest performance update of the EDHEC-Risk Alternative Indexes.

Moscow Exchange Launches New Weekly Options On Gazprom And Sberbank Futures

Date 12/05/2020

On 13 May 2020, Moscow Exchange’s Derivatives Market will launch weekly options on futures of Gazprom and Sberbank ordinary shares.

Shenzhen Stock Exchange Market Bulletin, May 11, 2020 (Issue 12)

Date 12/05/2020

China will remove quotas on the dollar-denominated qualified foreign institutional investor (QFII) scheme and its yuan-denominated sibling, RQFII, according to the provisions issued by the People's Bank of China and the State Administration of Foreign Exchanges, which will take effect on June 6. China will also simplify outward remittance procedures for QFII's securities investment gains and lift other restrictions.