News Centre

Torstone Achieves Financial Services Competency Partner Status In The Amazon Web Services Partner Network

Date 01/05/2019

Torstone Technology, a leading global provider of post-trade securities and derivatives processing, today announced that it has been granted the status of Financial Services Competency Partner in the Amazon Web Services (AWS) Partner Network. Torstone is one of the few financial technology firms to have achieved this highest level of partner certification, reflecting its significant expertise in developing cloud-based solutions.

The Saudi Arabia Capital Market Authority Releases An Electronic Service For The Disclosure Of A Deceased's Investment Assets

Date 01/05/2019

The Capital Market Authority (CMA) has released an electronic service for the disclosure of a deceased's investment assets. This service enables the heirs or their legal agent to review the data of securities and investment accounts that belongs to the deceased person via direct link with the Depository Center and the Authorised Persons. This comes as a part of developing the financial market framework, facilitating the disclosure procedures and helping the heirs in expediting the completion of procedures for the registering the heirs of the deceased.

Testimony Of CFTC Chairman J. Christopher Giancarlo Before The House Committee On Agriculture Subcommittee On Commodity Exchanges, Energy And Credit Washington, D.C.

Date 01/05/2019

INTRODUCTION

Thank you, Chairman Scott, Ranking Member Scott, and Members of the subcommittee.  I appreciate the opportunity to appear before you today to discuss issues before the Commission.

Before I begin, I would like to note the recent passing of a former CFTC Commissioner, Bart Chilton.  All of us at the agency, from the staff to the five Commissioners, are saddened by this sudden loss.  With his trademark flair and enthusiasm, Bart was an unceasing advocate for American’s farmers and ranchers, acting as their voice in Washington.  In the aftermath of the financial crisis, Bart used panache and humor to draw attention to pressing issues for the agency and the markets at large. With his passing, the commodities world has lost some unique sparkle and luster.  There will never be another quite like Bart Chilton.

FSD Africa, CISI And CMA Partner To Strengthen Rwanda’s Capital Market

Date 01/05/2019

The Capital Market Authority, Rwanda (CMA Rwanda) announced that it has formed a partnership with the UKAID funded Financial Sector Deepening Africa (FSD Africa) to strengthen Rwanda’s Capital Markets. The Africa Regulator Support Programme is a continent-wide initiative designed to strengthen the continent’s capital market regulators to reach international standards. CMA partnered also with the Chartered Institute for Securities & Investment (CISI) to launch qualifications-led licensing programme in the Rwandan capital market industry to enhance and promote professional standards in the securities and investment industry in Rwanda.

Blockchain Partners With Paxos To Bring Digital Dollars To More Than 36M Users

Date 01/05/2019

Blockchain, the leading provider of cryptocurrency software, has partnered with Paxos Standard (PAX) to give more than 36 million wallet users global access to U.S. Dollars. Through the launch of PAX digital dollars in its Wallet, Blockchain is the first company to provide users access to the U.S. Dollar across over 100 global markets simultaneously.

Refinitiv: UK M&A Totalled $5.8b During April 2019; Lowest Monthly Total Since Sep 2017 And Lowest April Total Since 2013

Date 01/05/2019

M&A highlights for April 2019 

• Worldwide Announced M&A totals US$1.3 trillion so far during 2019, 20% less than the value recorded at this time last year when a flurry of mega deals pushed M&A to an all-time year-to-date high of US$1.6 trillion.  Despite the fall from 2018, this year’s total is the 4th highest since our records began in the 70s. 
• Deals with a combined value of US$337.9 billion were recorded globally during the month of April 2019, the third highest April total in the last decade. The majority of these were domestic deals (79%) with cross-border transactions accounting for the lowest share in more than a decade.
• European M&A totalled US$73.2 billion during April 2019, the highest monthly total since July 2018 although just half the value recorded in April last year.  US M&A reached US$177.2 billion, the second highest April total in the last decade, while Asia Pacific M&A totalled US$55.3 billion, the lowest April total since 2013.
• Deals involving a UK target totalled US$5.8 billion during April 2019, the lowest monthly total since September 2017 and the lowest April total since 2013.

The Saudi Stock Exchange Announces The Publication Of The Monthly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 01/05/2019

Main Market
The total value of shares traded for the month  ending 30 April 2019 amounted to SAR 77.24 billion, increasing by 25.10% over the previous month; while total stock market capitalization reached SAR 2,185.70 billion at the end of this period, increasing by 4.73% over the previous month.

JonesTrading Recruits From The Buyside - Industry Veteran Brian Cilento Joins As Product Sales Specialist

Date 01/05/2019

JonesTrading Institutional Services LLC (“JonesTrading”) continues recruiting top industry talent to resource growth, naming Brian Cilento, Product Sales Specialist. Mr. Cilento joins the firm from the buyside, where he had a series of successful positions of increased responsibility during his career

Tehran Stock Exchange Weekly Market Review - 27 April 2019 To 01 May 2019

Date 01/05/2019

Click here to download Tehran Stock Exchange’s weekly market review.

95.1% Of The Listed And Traded Companies Provided The Amman Stock Exchange With Their Quarterly Financial Statement 2019

Date 01/05/2019

The Acting Chief Executive Officer of Amman Stock Exchange’s  (ASE) Mr. Bassam Abu Abbas stated that (95.1%) out of 187 listed and traded companies have provided the ASE with their quarterly reports for the period ended 31/3/2019 during the specified period in the Directives of Listing Securities. This high percentage reflects the high compliance of the listed companies with the laws and regulations in force, and the high commitment of such companies to the principles of transparency and disclosure.