News Centre

FTSE Mondo Visione Exchanges Dips By 0.7% In October After Seven Months Of Gains – Cboe Global Markets Up 5% In Month, Nasdaq Down By 6.3%

Date 09/11/2017

The FTSE Mondo Visione Exchanges Index fell by 0.7 percent in October 2017. The stand-out performer by capital returns in US dollars in October was Cboe Global Markets which experienced a rise of 5 percent. Dubai Financial Market rose by 4.5 percent.

First ETF In The U.S. Launched By Virtus And Glovista Tracking The Solactive Most Favored Nations Emerging Markets Index

Date 09/11/2017

Solactive is pleased to announce the launch of the Solactive Most Favored Nations Emerging Markets Index, underlying the newly launched Virtus Glovista Emerging Market ETF (EMEM US Equity). EMEM US will begin trading today on the NYSE. EMEM will be the first Emerging Markets ETF in the U.S. providing diversified exposure to a set of most favored Emerging Markets countries according to Glovista’s proprietary global macro country selection methodology.

MiFID II: ESMA Consults On Systematic Internalisers’ Quote Rules

Date 09/11/2017

The European Securities and Markets Authority (ESMA) has today opened a public consultation on a proposed amendment to the Regulatory Technical Standard (RTS 1) which details the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). ESMA proposes to amend RTS 1 to clarify that systematic internalisers’ (SI) quotes should reflect the price increments applicable to EU trading venues. 

Thomson Reuters Signs Statement Of Commitment To FX Global Code Of Conduct - Move Affirms Thomson Reuters Commitment To Raise Standards In The Global FX Market

Date 09/11/2017

Thomson Reuters has signed a statement of commitment to the Global FX Code of Conduct (the Global Code), formally pledging adherence to the Code’s standards to promote integrity, fairness, transparency and the effective functioning of the global foreign exchange markets. 

More Than 500 Companies And Entities Chose Abu Dhabi Global Market As Their International Financial Centre Platform - ADGM Received Qadat Al Tagheer Awards For “International Financial Centre Of The Year” At The 3rd UAE-India Economic Forum In Dubai

Date 09/11/2017

Abu Dhabi Global Market (“ADGM”), the international financial centre in Abu Dhabi, is pleased to record more than threefold increase in total number of registered companies and financial institutions from a broad range of industries and sectors in its second year of operations. To-date, ADGM welcomed about 550 registered companies, a 360% increase as compared to year before.  In the first half of 2017, ADGM licensed 40% more new companies as seen in the region.   The influx of well-established local family businesses, international financial institutions, funds, and professional and corporate service providers is testament to ADGM’s commitment to providing an open and well-regulated financial hub, designed to serve the business and financial needs of Abu Dhabi and the UAE.

ETFGI Reports Assets Invested In Leveraged/Inverse ETFs/ETPs Listed Globally Have Increased 14.1% In 2017 To Reach A New Record Of US$77 Bn At The End Of September

Date 09/11/2017

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in leveraged/inverse ETFs/ETPs listed globally have increase 14.1% in the first 9 months of the year to reach a new record of US$77.14 Bn at the end of September, according to ETFGI’s September 2017 Global Leverage and Inverse ETFs and ETPs Landscape report.

Seven FX Market Participants Agree To Clear CME OTC Non-Deliverable Forwards - Increased Competition Leads To Innovation And Cost Efficiency For Customers In The OTC FX Space

Date 09/11/2017

CME Group, the world's leading and most diverse derivatives marketplace, today announced that seven market participants have agreed that they intend to clear OTC FX Non-Deliverable Forwards (NDFs) by the end of Q1 2018.

Correcting And Replacing -- Nasdaq, Inc.

Date 09/11/2017

In a release issued under the headline "Nasdaq to Celebrate Veterans Day with the Nasdaq Stock Market Opening Bell" earlier today by Nasdaq (Nasdaq:NDAQ), please note that the release is regarding the ringing of the Closing Bell, not the Opening Bell as previously stated. 

Samsung Launches The First Russell 2000 ETF In Korea

Date 09/11/2017

• Samsung Asset Management Company Limited, Korea’s leading asset manager, has chosen Russell 2000 Index for their first US small cap ETF
• First ETF tracking Russell 2000 Index in Korea 
• Reinforces FTSE Russell’s position as a leader in US equity benchmarks

Dubai Financial Services Authority Grants Sarwa Digital Wealth Ltd In-Principle Approval For Innovation Testing Licence

Date 09/11/2017

The Dubai Financial Services Authority (DFSA) today granted Sarwa Digital Wealth Limited (Sarwa), an automated investment advice service, in-principle approval  for its Innovation Testing Licence (ITL). The DIFC-based company becomes the first FinTech operator to receive approval for this special class of financial service licence developed specifically for FinTech firms.