News Centre

GlobalData Announces Top M&A Financial And Legal Advisers In Power Sector For Q1 2025

Date 23/04/2025

GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the power sector during Q1 2025.

Abu Dhabi Securities Exchange (ADX) Signs An Agreement With Iraqi Stock Exchange (ISX) And Iraqi Securities Commission (ISC) To Join Tabadul Hub

Date 23/04/2025

The Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second largest exchange in the MENA region, has signed an agreement with Iraqi Stock Exchange (ISX) and Iraqi Securities Commission (ISC) to integrate ISX into the Tabadul Digital Hub to become the hub’s ninth member. The event was held at ADX’s headquarters on April 22nd.  

Thunes Reveals Its 2025 Mobile Wallet Report, Transaction Value Soars To $17 Trillion By 2029 - A Striking 73% Growth Rate Surges Beyond 2023 Projections, Underscoring Accelerated Adoption And A Broadening Economic Impact

Date 23/04/2025

Thunes, the Smart Superhighway to move money around the world, today unveiled its comprehensive Complete Guide to Mobile Wallets 2025, the second edition of an extensive study that dives into the acceleration of mobile wallet adoption and the evolution of digital payments. The report provides critical insights into market growth, consumer behaviour, technological challenges, and the path towards a future of borderless payments.

Vermeg Appoints Tarak ACHICH As CEO To Accelerate Growth And Innovation

Date 23/04/2025

Vermeg, a global leader in financial software solutions, is pleased to announce the appointment of Tarak ACHICH as its new Chief Executive Officer, effective April 2, 2025. With over 30 years of experience in capital markets, banking, and insurance, Tarak brings a wealth of expertise and a strong track record in leadership, management, and driving growth. He has held executive roles at Groupe Crédit Mutuel Arkéa, Oddo & Cie, and Euronext, and served on the Vermeg board from 2008 to 2021.

The Dubai Financial Services Authority And The Union Of Arab Securities Authorities Lead Regional Discussion On Innovation And Regulatory Advancement

Date 23/04/2025

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), in collaboration with the Union of Arab Securities Authorities (UASA), hosted a high-level Regulatory Insights Session focused on fostering innovation across the financial services sector in the Arab region. Held in the DIFC, the session brought together senior representatives from both financial regulatory and capital market authorities from the region to explore opportunities, challenges, and regulatory approaches in the rapidly evolving financial services landscape.

Sterling Trading Tech Names Julie Armstrong - Strategic Hire Marks New Era Of Growth And Global Expansion

Date 23/04/2025

Sterling Trading Tech (Sterling), a leading global provider of technology in order management, risk and margin, and trading, announced today the appointment of Julie Armstrong as Chief Commercial Officer, a newly created role that underscores the firm’s commitment to scaling its business globally. This strategic hire signals Sterling’s transition into its next phase of accelerated growth, building on recent momentum across new client segments, product innovation, asset expansion, and geographic reach. 

London Stock Exchange Group PLC Transactions In Own Securities

Date 23/04/2025

London Stock Exchange Group plc (LSEG) announces today that it has purchased the following number of its ordinary shares of 679/86 pence each on the London Stock Exchange from Morgan Stanley & Co. International Plc (Morgan Stanley) as part of its share buyback programme, as announced on 3 March 2025:

Shanghai Gold Exchange: Notice On The Adjustment Of Margin Ratios And Price Limits For Certain Contracts

Date 23/04/2025

In accordance with the relevant provisions of the Measures for the Administration of Risk Control of Shanghai Gold Exchange, the Exchange has adjusted the margin ratios and price limits for gold deferred contracts and silver deferred contracts. The details are as follows:
 

Starting from the closing settlement on April 25, 2025 (Friday):

• The margin ratio for contracts such as Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be adjusted from 12% to 13%. The pricelimit will be adjusted from 11% to 12% starting from the next trading day.
• The margin ratio for the Ag(T+D) contract will be adjusted from 15% to 16%. The price limit will be adjusted from 14% to 15% starting from the next trading day.

“Charting A Steady Course In A Changing World” – Opening Address By Mr Chia Der Jiun, Managing Director, Monetary Authority Of Singapore, At The IMAS Annual Investment Conference 2025 On 23 April 2025

Date 23/04/2025

This year’s conference theme – “Navigating an Evolving Landscape” – is apt but may be understating the environment we are in today. Fundamental shifts in trade policy and the geo-strategic landscape have led us into a period of heightened uncertainty in the global economy and volatility in financial markets. In this new landscape of uncertainty and volatility, the asset management industry plays an important role in sustaining investor confidence and contributing to the resilience of markets.

Japan Financial Services Agency: Berlin Plenary Meeting Of The International Forum Of Independent Audit Regulators (IFIAR)

Date 23/04/2025

The 25th Plenary Meeting of the International Forum of Independent Audit Regulators (IFIAR) was held in Berlin, Germany from April 8 to 10. Regulators from 49 Member jurisdictions including the Certified Public Accountants and Auditing Oversight Board (CPAAOB)/Financial Services Agency (FSA) attended the meeting.