News Centre

ICE Data Indices Recognized As Third Country Benchmark Administrator By The UK’s Financial Conduct Authority

Date 17/06/2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Indices, LLC has been recognized as a third country benchmark administrator under Article 32 of the European Union’s Benchmarks Regulation (BMR). Recognition was granted by the UK’s Financial Conduct Authority (FCA) on May 24, 2019.

Turkish Lira Overnight Reference Rate TLREF Will Be Calculated By Borsa Istanbul As Of June 17, 2019

Date 17/06/2019

Turkish Lira Overnight Reference Rate TLREF which is created in order to meet the need of Turkish Lira short-term reference rate that can be used as an underlying or a benchmark in financial products, debt instruments and different types of financial contracts, will be calculated and published as of June 17, 2019.

Shanghai Stock Exchange STAR Market Debuts

Date 17/06/2019

At the opening ceremony of the 11th Lujiazui Forum 2019 on June 13, 2019, the China Securities Regulatory Commission (CSRC) and the Shanghai Municipal People’s Government co-hold the launch ceremony of the Sci-Tech innovAtion boaRd (STAR Market) of the Shanghai Stock Exchange (SSE).

Tadawul Announces Extending The Closing Auction Session And The Trade At Last Session On June 20 Ahead Of The Third Tranche Inclusion In FTSE Russell As An Emerging Market

Date 16/06/2019

The Saudi Stock Exchange (Tadawul) announces extending the Closing Auction session for a total duration of 20 minutes (instead of 10 minutes), and the Trade at Last session for a total duration of 20 minutes (instead of 10 minutes). Accordingly, the Closing Auction session will start from 3:00 p.m. until 3:20 p.m. AST, and the Trade at Last session will start from 3:20 p.m. until 3:40 p.m. AST on Thursday 20/6/2019 only.

ADX Hosts Al Ramz Capital Liquidity Provider Agreement For RAKCC

Date 16/06/2019

Al  Ramz  Capital,  a  subsidiary  of  Al-Ramz Corporation Investment and Development PJSC, has been appointed as a Liquidity Provider for Ras Al Khaimah Cement Company Shares after obtaining the approval of Abu Dhabi Securities Exchange. It is worthy to note that this is the third liquidity provider agreement that ADX hosts.

Listed Companies Connect With 35 Institutions With US$ 3.2 Trillion Of Assets Under Management: DFM’s International Investors Roadshow In New York Attracts 21 New Institutions

Date 16/06/2019

H.E. Essa Kazim:

• “Roadshow’s success underlines institutions’ confidence of DFM, as their favoured gateway to highly growing economies in the UAE and the region”
• 11 thousand DFM-registered institutions owning 83.4% of the Market Capitalization
• Institutional investors’ share of trading reached 53.2% during the first quarter of 2019

Federation Of Euro-Asian Stock Exchanges (FEAS) Announces Its Annual Champions League Award Ceremony Among FEAS Members’ Markets Participants

Date 15/06/2019

Today, the Federation of Euro-Asian Stock Exchanges (FEAS) announces its annual Champions League Award Ceremony among FEAS Members’ Markets Participants during its flagship event ConFEAS 2019 in Bucharest, Romania.

Federal Reserve Board Requests Public Comment On Technical Updates To Its Freedom Of Information Act Procedures And On Changes To Its Rules Governing The Disclosure Of Confidential Supervisory Information

Date 14/06/2019

The Federal Reserve Board on Friday requested public comment on technical, clarifying updates regarding its Freedom of Information Act (FOIA) procedures and changes to improve the efficiency of its rules governing the disclosure of confidential supervisory information (CSI).

US Department Of Justice: Second New York Broker-Dealer Pleads Guilty To Rigging Bids For Financial Instruments In Violation Of Antitrust Law - Sentenced To Criminal Fine In Excess Of $3 Million

Date 14/06/2019

Industrial and Commercial Bank of China Financial Services LLC (ICBCFS) pleaded guilty to an antitrust charge and was sentenced to pay a criminal fine in excess of $3 million for its involvement in a bid-rigging conspiracy involving certain financial instruments, the Department of Justice announced today. 

SIFMA Comments On New Jersey Fiduciary Rule Proposal

Date 14/06/2019

In a comment letter submitted today in response to New Jersey’s proposed rule to create a state fiduciary standard, SIFMA expressed strong concern with the approach taken and urged the state to defer to the new nationwide best interest standard finalized by the Securities and Exchange Commission (SEC) last week, which addresses the investor protection concerns and goals stated by New Jersey policymakers.