News Centre

Chain Business Insights Publishes New Research Brief On Blockchain In Trade Finance - Enterprises Are Close To Realizing Potential Benefits Of The Technology, Survey Shows

Date 16/05/2018

Enterprises are close to realizing the huge potential of blockchain technology to lower the cost and increase the speed of trade finance transactions. This is according to new research from Chain Business Insights LLC, an independent research firm focused on the application of blockchain in supply chain management and trade finance.

ADX Achieves 99% In Disclosure Compliance Of 1st Quarter 2018 Financial Statements - Increase Of 8.96% In Listed Companies Profits In Comparison To The Same Period In 2017

Date 16/05/2018

Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 99% regarding the disclosure of the 1st quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period.

Malaysian Stock Market Performance Reflects Strong Fundamentals

Date 16/05/2018

The Malaysian stock market closed at 1,858.26 points on Wednesday, up 0.54% from its previous close. 

smartTrade Technologies Launches Cryptocurrency Trading On Its FX Platform

Date 16/05/2018

smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announces today the addition of Cryptocurrencies to its award-winning FX Trading Platform, LiquidityFX (LFX).

BME Clearing Expands Its Energy Segment To Admit Natural Gas Contracts

Date 16/05/2018

BME Clearing, the Central Counterparty (CCP) operated by BME, will expand its product range to offer gas natural contracts as of 24th May. The contracts that will be added to BME Clearing are day-ahead (daily contracts) and the whole range of natural gas futures (with weekly, monthly, quarterly, seasonal and annual maturities).

BCause LLC Announces Engagement Of ASGARD Partners & Co. As Capital Markets Advisor For $25 Million Series B Capital Raise

Date 16/05/2018

BCause LLC, creator of what is believed to be the world’s first full-stack cryptocurrency ecosystem, today announced that the firm has engaged ASGARD Partners & Co.* as its exclusive Capital Markets Advisor for a Series B capital raise of $25 million in equity. After launching its cryptocurrency mining facility in February, BCause is in the process of establishing a spot market and, pending regulatory approval, a derivatives exchange and clearing house.

Oslo Børs VPS Holding ASA: Ex Dividend Of NOK 4.20 Today

Date 16/05/2018

Oslo Børs VPS Holding ASA's annual general meeting 15 May 2018 resolved to pay a dividend of NOK 4.20 to shareholders as of 15 May 2018. The share will be traded ex dividend from today, 16 May 2018.

The Financial Conduct Authority’s Business Plan And Priorities - Speech By Andrew Bailey, Chief Executive At The UK Financial Conduct Authority, Delivered At The BIBA 2018 Annual Conference & Exhibition, Manchester

Date 16/05/2018

Highlights

• The FCA has 7 cross-sector priority areas that we have identified, based on assessments of where intervention can have the greatest impact, or where there is the greatest harm or potential for harm to our objectives.
• We are seeing the application of technological innovation to the business of general insurance.
• We see insurers very active in the Big Data and data-use field

Dubai Financial Market Achieves 100% Compliance In Listed Companies’ Disclosure Of Q1-2018 Results

Date 16/05/2018

Dubai Financial Market (DFM) today announced that its listed companies have recorded a 100% compliance regarding the disclosure of Q1-2018 results within the deadline of 45 days from the end of the period.

Noor Bank Rings Bell To Celebrate Listing Of A USD 500 Million Sukuk On Nasdaq Dubai

Date 16/05/2018

• Capital raised supports bank’s rapid growth as a universal Islamic bank across UAE
• Successful issuance with five-year term oversubscribed 2.1 times
• Listing underlines Dubai’s No. 1 position globally for Sukuk at USD 59.72 billion