News Centre

Cyprus Stock Exchange Monthly Bulletin, June  2024

Date 10/07/2024

The total value of transactions during the month in review reached € 27,87 million, with an average of € 1,47 million per trading session.

Nasdaq Dubai Welcomed Three New Sukuk Issuances By The Republic Of Indonesia Totalling USD 2.35 Billion

Date 10/07/2024

• Dubai is the world's leading center for Sukuk listings, with a total value of USD 96.39 billion.
• The listing solidifies the Republic of Indonesia's position as one of the leading Sukuk issuers on Nasdaq Dubai, with a total of 20 listings amounting to USD 24.1 billion.

Dubai Mercantile Exchange Announces Name Change To Gulf Mercantile Exchange Following Strategic Partnership With Saudi Tadawul Group

Date 10/07/2024

Dubai Mercantile Exchange (DME) is thrilled to announce that it will officially change its name to Gulf Mercantile Exchange (GME) effective September 2, 2024. This strategic rebranding follows the recent addition of Saudi Tadawul Group (STG) as a new strategic shareholder, marking a significant milestone in the Exchange’s growth and regional yet global expansion.

MiFIR Review: ESMA Launches New Consultations

Date 10/07/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is publishing today a new package of public consultations with the objective of increasing transparency and system resilience in financial markets, reducing reporting burden and promoting convergence in the supervisory approach. 

Bridgewise Launches AI-Driven Analysis For Global ETFs And Mutual Funds

Date 10/07/2024

• New platform offers first-of-its-kind deep analysis of funds and their underlying holdings, providing previously unobtainable levels of insight into these investment vehicles as well as a buy/sell recommendation. 
• As part of its push into fund analysis, Bridgewise adds Deborah Fuhr, a world-leading expert and researcher on ETFs and Founder of ETFGI, to its advisory board. 

Broadridge Named A Luminary In Reconciliation Systems By Celent

Date 10/07/2024

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced it has been awarded the highest ranking of ‘Luminary’ for its BRx Match solution from Celent, a leading research and advisory firm, in its latest report on reconciliation systems.

Laser Digital Partners With 4OTC For Low Latency Connectivity To Digital Asset Exchanges

Date 10/07/2024

4OTC, the provider of low latency connectivity services for Digital Assets and FX, today announced that Laser Digital, Nomura’s digital asset subsidiary, has integrated 4OTC’s 1API service for ultra-low latency connectivity to multiple exchanges globally.

Substantive Research’s Latest Survey Shows That Research Budgets Rise Globally For The First Time Since MiFID II

Date 10/07/2024

• H1 2024 research budgets increased both as a proportion of AUM as well as in absolute terms
• As a proportion of assets managed, US budgets rose 15%, with European budgets also rising but by a more modest 4%
• The survey indicates that the cycle of endless price depreciation and budget cuts across the board in investment research has come to an end 

INE Releases An Announcement On 2023 Outstanding Market Contribution Award For Overseas Brokerage Firms

Date 10/07/2024

Shanghai International Energy Exchange (INE) releases an Announcement on 2023 Outstanding Market Contribution Award for Overseas Brokerage Firms, as shown below:

Islamic Fintech Firm Offa Launches Fast And Innovative Buy-To-Let Finance - Modern, Paperless Service Disrupts Traditionally Cumbersome Islamic Finance Market

Date 10/07/2024

Offa, the UK’s first Sharia-compliant bridge finance fintech, has today launched an innovative new buy-to-let finance (BTL) service – with fast funding decisions delivered via a modern paperless process – aiming to disrupt and transform the traditionally old-fashioned and cumbersome world of Islamic finance.