News Centre

Deutsche Börse Shows Commitment With Its Sustainable Financing

Date 26/03/2019

Deutsche Börse and its subsidiary for post-trading services, Clearstream Banking S.A., enhanced their credit line with a “positive incentive loan”. The financing takes the form of a €750 million consortium credit with a special feature: The development of the credit terms depends on the achievement of specific sustainability targets of the company. The extension by ESG criteria (environmental, social and governance) is a clear commitment of Deutsche Börse Group to establish sustainable finance in all business sectors as well as in its own financing. The transaction was concluded with a bank consortium led by BNP Paribas and Commerzbank.

UAE’s Securities And Commodities Authority Holds Forum Titled “Al Sharqiya Youth And Investment In Securities” At Sharjah University-Kalba Campus In Collaboration With Financial Markets

Date 26/03/2019

Under the patronage of H.E. Eng. Sultan bin Saeed Al Mansoori, Minister of Economy and Chairman of the Board of the Securities and Commodities Authority (SCA), and through the relentless follow-up efforts of Dr. Obaid Al Zaabi, CEO of SCA, a forum was held under the title “Al Sharqiya Youth and Investment in Securities".

Dubai Financial Market Company Announces The New Organizational Structure Of Its Post-Trade Services

Date 26/03/2019

• Post-trade service are now reorganized under the umbrella of the Dubai Central Clearing & Depository Holding L.L.C that includes; Dubai Central Securities Depository and Dubai Clear
• H.E. Essa Kazim: “the new leading initiative is a key milestone in our momentous journey and it further enhances the leading position of Dubai as a dynamic capital markets hub”
• Maryam Fekri: ”With the all-inclusive structure, we are well-positioned to further introduce value added capital markets services in a safe and transparent market environment in accordance with international best practices”

Japan's Securities And Exchange Surveillance Commission: Recommendation For Administrative Monetary Penalty Payment Order For Market Manipulation Of 10-Year Japanese Government Bond Futures By Citigroup Global Markets Limited

Date 26/03/2019

1. Contents of the Recommendation

The Securities and Exchange Surveillance Commission today made a recommendation to the Prime Minister and the Commissioner of the Financial Services Agency that an administrative monetary penalty payment order be issued in regard to market manipulation by Citigroup Global Markets Limited (“CGML”) pursuant to Article 20(1) of the Act for Establishment of the Financial Services Agency. This recommendation is based on the findings of an investigation into market manipulation, whereby the following violation of laws and ordinances was identified.

Emirates Development Bank Rings Market-Opening Bell To Celebrate Listing Of USD 750 Million Bond On Nasdaq Dubai - Capital Raised Supports Bank’s Mission To Contribute To UAE’s Prosperity - EDB Is First UAE Federal Entity To Issue A Bond

Date 26/03/2019

The newly appointed Chief Executive Officer of Emirates Development Bank (EDB), Mr. Faisal Aqil  Al Bastaki, rang the market-opening bell today to celebrate the listing of a 750 million US dollar conventional bond on Nasdaq Dubai.

UK Financial Conduct Authority Acts To Help Mortgage Prisoners

Date 26/03/2019

Mortgage customers who have previously been unable to switch mortgages despite being up-to-date with their payments (commonly known as mortgage prisoners), could soon be able to find a cheaper deal after the Financial Conduct Authority (FCA) proposed changes to how lenders assess whether or not a customer can afford the loan.

Shenzhen Stock Exchange And The China Capital Market Institute Jointly Hold The First Training For Financial Media Of The Capital Market In 2019

Date 26/03/2019

From March 20 to 22, SZSE and China Capital Market Institute (hereinafter referred to as the Institute) jointly organized this training. Senior experts from CSRC, SZSE, and market organizations gave lectures. More than 50 representatives from 27 media (including central media, professional financial media and new media) attended the training. This is a powerful measure to implement CSRC's "Four Must" and "One Joint Force" requirements and strengthen media training, exchanges and cooperation. It is also an important part of improving the market communication mechanism and building good public opinion ecology for the capital market. Representatives of SZSE and the Institute attended the opening ceremony and delivered speeches.

CFTC Finalizes Rule To Help US Small Businesses And Job Creators

Date 25/03/2019

The Commodity Futures Trading Commission (CFTC) today in an open meeting of the Commission adopted the final rule for the de minimis exception for swaps entered into by Insured Depository Institutions (IDIs) in connection with loans to customers.

New Zealand's Financial Markets Authority Publishes Guide To Shares For Investors

Date 25/03/2019

The FMA has published a guide for investors on the nuts and bolts of choosing, buying, owning and selling shares.

What Does The Future Hold For Securities Lending? By Matt Wolfe, OCC Vice President Of Business Development, March 25, 2019

Date 25/03/2019

Strong personal relationships have always been a cornerstone of the securities lending marketplace. Market participants focus on developing a broad, reliable network of relationships, so they can be the first lender borrowers contact in the morning, or the first borrower to be offered hard-to-borrow securities by a lender. While strong relationships will always be important, there is a growing emphasis on data collection. Decisions are being influenced by data analytics. In my view, the future of securities lending will be data-driven and the leaders will be those that make the most effective use of data.