News Centre

MGEX Open Interest Up Twenty Percent From A Month Ago

Date 01/08/2018

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports that open interest was 74,253 contracts as of yesterday’s close, which is twenty percent higher from June 29th.  

DIFC Courts And Smart Dubai Launch Joint Taskforce For World’s First Court Of The Blockchain

Date 01/08/2018

• Preliminary work to explore activation of cross-border enforcement of legal judgments through the blockchain
• Future research to focus on building dispute resolution mechanisms into the blockchain
• Partnership to reinforce the Dubai Blockchain Strategy 2020

US Treasury Announces Guidance On One-Time Repatriation Tax On Foreign Earnings

Date 01/08/2018

The United States Department of the Treasury today announced the release of proposed regulations relating to the section 965 transition tax, on U.S. multinational companies’ overseas income, which is being repatriated under section 965 of the Tax Cuts and Jobs Act.  The proposed guidance affects U.S. shareholders with direct or indirect ownership in certain specified foreign corporations, as defined in the new tax code provision.

Upper Tribunal Upholds UK Financial Conduct Authority Decision To Fine And Ban Chief Executive of TailorMade Independent Limited, Alistair Burns

Date 01/08/2018

On 31 July 2018, the Upper Tribunal upheld the Financial Conduct Authority’s (FCA) decision to prohibit Alistair Burns, Director and CF1 of TailorMade Independent Limited (TMI) from performing any FCA significant influence or senior management function, on the basis of his fundamental lack of competence and capability to perform such functions. 

The Saudi Arabia Capital Market Authority Announces The Publication Of The Draft Instructions For The Foreign Strategic Investors' Ownership In Listed Companies For Public Consultation

Date 01/08/2018

In pursuance of the Capital Market Authority ("CMA") strategic objectives to develop the capital market and to expand the institutional investments base, and in line with the Saudi Arabia’s Vision 2030, and based on the Capital Market Law issued by the Royal Decree Number (M/30) Dated 2/6/1424H, the CMA Board has issued its Resolution to publish the Draft Instructions for the Foreign Strategic Investors' Ownership in Listed Companies "draft instructions", to obtain the views of public, specialists and interested parties for a period of (30) calendar days ending on 20/12/1439H corresponding to 31/08/2018G.

Qatar’s Index Delivers Highest Return Amongst Emerging And Developed World Markets In 2018

Date 01/08/2018

QSE Index broke pre-blockade levels & market recorded significant increases in market capitalization and trading volumes

Financial Statements Of The Second Quarter 2018 For Companies Listed At The Amman Stock Exchange (ASE)

Date 01/08/2018

The Chief Executive Officer of the Amman Stock Exchange (ASE) Mr. Nader Azar, said that (182) companies or (99%) of the companies are required to provide the ASE with their quarterly reports Until the end of date 31/7/2018, have provided the ASE with their reviewed reports for the period ended 30/6/2018 during the specified period in the Directives for 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.

MiFID II: ESMA Publishes Data For The Systematic Internaliser Calculations For Equity, Equity-Like Instruments And Bonds

Date 01/08/2018

The European Securities and Markets Authority (ESMA) has published today data for the systematic internaliser calculations for equity, equity-like instruments and bonds under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

Boerse Stuttgart Generates Turnover In Excess Of EUR 5.4 Billion In July - Trading Volume Of Debt Instruments (Bonds) And Investment Fund Units Up On Previous Month

Date 01/08/2018

According to its order book statistics, Boerse Stuttgart generated turnover of more than EUR 5.4 billion in July 2018.

U.S. Department Of The Treasury: Quarterly Refunding Statement Of Deputy Assistant Secretary For Capital Markets Clay Berry

Date 01/08/2018

The U.S. Department of the Treasury is offering $78 billion of Treasury securities to refund approximately $38.2 billion of privately-held Treasury notes maturing on August 15, 2018.  This issuance will raise new cash of approximately $39.8 billion.