News Centre

Federal Reserve Issues FOMC Statement

Date 01/05/2019

Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Growth of household spending and business fixed investment slowed in the first quarter. On a 12-month basis, overall inflation and inflation for items other than food and energy have declined and are running below 2 percent. On balance, market-based measures of inflation compensation have remained low in recent months, and survey-based measures of longer-term inflation expectations are little changed.

Nasdaq Filing Of Quarterly Report For Quarter Ended March 31, 2019

Date 01/05/2019

On May 1, 2019, Nasdaq filed its quarterly report on Form 10-Q for the quarter ended March 31, 2019 with the U.S. Securities and Exchange Commission. 

Qatar Stock Exchange Listed Companies Reported Qr 10.5 Billion Net Profits For The 1st Quarter Of 2019

Date 01/05/2019

All listed companies at Qatar Stock Exchange (46 Listed companies) have disclosed their financial statements results for the 1st quarter ended March 31, 2019. The combined net profit of all companies as of March 31, 2019 amounted to QR 10.5 Billion versus QR 10.9 Billion for the corresponding period in 2018, with a decrease of 4.11%.

Fenergo Addresses Demand For RegTech In Middle East With Appointment Of Cormac Sheedy Joins DIFC’s fintech Accelerator

Date 01/05/2019

Fenergo, the leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, has appointed financial services industry veteran, Cormac Sheedy as Head of Sales for Middle East and North Africa (MENA). Cormac will join Sean Moore, Head of MENA and Fenergo’s existing team in Dubai and brings 25 years’ experience to the role. Cormac will deliver on Fenergo’s strategic objective to provide innovative CLM solutions that streamline compliance processes and digitally transform client journeys.

CFTC Staff Issues Clearinghouse Supervisory Stress Test Report

Date 01/05/2019

The Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) and the Office of the Chief Economist (OCE) today issued, CCP Supervisory Stress Tests: Reverse Stress Test and Liquidation Stress Test, a two-part report that includes the results of a reverse stress test of central counterparties (CCPs) or clearinghouses resources and an analysis of stressed liquidation costs. This is the third in a series of supervisory stress testing exercises and resulting reports on CCPs that CFTC staff has conducted. Previous stress testing reports were issued in 2016 and 2017.

MGEX Achieves 16th Best Month In History

Date 01/05/2019

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), welcomes April 2019 into the record book as the 16th best month of all-time with 239,934 contracts traded. Alongside this achievement, it was the second-best April in MGEX history.  

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.