News Centre

CFTC’s LabCFTC Releases Primer About Smart Contracts - The Primer Helps To Explain Smart Contract Technology And Related Risks And Challenges

Date 27/11/2018

The Commodity Futures Trading Commission’s LabCFTC today released, “A CFTC Primer on Smart Contracts.” This primer is part of LabCFTC’s effort to engage with innovators and market participants on a range of financial technology (FinTech) topics, and follows on a 2017 primer on virtual currencies and the agency’s recent FinTech Forward conference.

Stacy Mallon Of Vela Wins Women In Finance Award - Recognized By Markets Media For Excellence In Service Providers

Date 27/11/2018

Vela, a leading independent provider of trading and market access technology for global multi-asset electronic trading, today announced that Stacy Mallon, Director, Infrastructure and Security, has been honored for her achievements by Markets Media’s Markets Choice Women in Finance awards presented at a dinner in New York earlier this month.

Bank Of England: Change Of Publication Time For The Financial Stability Report, Bank Of England Stress Testing Results And The Bank’s Report On EU Withdrawal Scenarios And Monetary And Financial Stability

Date 27/11/2018

The Financial Stability Report (FSR) and the full results of the Bank’s annual stress test of major UK banks, due to be published at 07.00hrs (GMT), Wednesday 28 November, will now be published at 16.30hrs (GMT) on Wednesday 28 November.

LSEG - ELITE Launches In Lebanon

Date 27/11/2018

• ELITE and Scale Up SAL, part of Alyafi Group, sign collaboration agreement to accelerate growth of companies in Lebanon, Oman and Kuwait
• ELITE is London Stock Exchange Group’s international business support and capital raising initiative for private high-growth companies
• More than 1,000 companies from across 35 countries now part of dynamic ELITE community
• Demonstrates LSEG’s commitment to strengthening ties with Lebanese capital markets

ForexClear Compresses $4.5 Billion Of Cleared Notional

Date 27/11/2018

• Citi and Standard Chartered Bank among first clearing members to actively use ForexClear’s compression service
• Compression enables members and their clients to improve capital and operational efficiency by reducing notional outstanding

RJO Futures Named 2018’s Most Trusted Financial Brokerage Firm By Wealth & Finance Magazine - First Futures Brokerage To Win The Award

Date 27/11/2018

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that Wealth & Finance International magazine has named its private client division, RJO Futures, “2018’s Most Trusted Financial Brokerage Firm” in the magazine’s 2018 Business Awards. This marks the first time that a futures brokerage has earned the award.

SCA, The DFSA And The ADGM’s FSRA Reach Agreement On The Licensing And Promotion Of Investment Funds

Date 27/11/2018

The Securities and Commodities Authority (“SCA”), the Dubai Financial Services Authority (“DFSA”) of the Dubai International Financial Centre (“DIFC”) and the Financial Services Regulatory Authority (“FSRA”) of the Abu Dhabi Global Market (“ADGM”) announced today that they had reached agreement on facilitating the licensing of domestic funds by each authority for promotion across the UAE.

New Report Highlights Potential Of Islamic Finance For Long-Term Development Financing

Date 27/11/2018

The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has published the second edition of the Global Report on Islamic Finance, which highlights steps for unleashing the potential of Islamic finance to help harness the much-needed funds for long-term investment in development programs.

Cyber And Technology Resilience In UK Financial Services Speech At Bloomberg In London - Speech By Megan Butler, Executive Director Of Supervision - Investment, Wholesale And Specialists At The Financial Conduct Authority

Date 27/11/2018

Highlights:

• Firms have reported significantly more outages and cyber attacks over the last year
• Cyber security is not just a technology risk, it is a human risk
• According to our survey, nearly half of firms do not upgrade or retire old IT systems in time
• Only 56% of firms say they can measure the effectiveness of their information asset controls.

Mai-Listed Companies’ 9-Month Earnings Up 52 Pct To THB 4.4 Bln

Date 27/11/2018

• Nine-month net profits up 51.66 pct y-o-y to THB 4.41 bln
• Total sales during Jan-Sep rose 14 pct to THB 127 bln.   
• Almost all industry groups reported earnings growth.
• Services, Technology, Agro & Food Industry, and Resources among top performing industry groups