News Centre

PETCO Sells Its First Kimanis Light Sweet Crude Oil Cargo On DME Auctions Platform

Date 12/07/2017

Dubai Mercantile Exchange (DME) announced that PETCO has successfully sold 600,000 barrels of Kimanis Light Sweet crude on the “DME Auctions” platform.  PETCO is now the first non-Middle Eastern producer to use the auctions platform.

Collaboration Between DIFC And DIEDC Set To Launch Islamic FinTech Initiatives

Date 12/07/2017

Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA) region, signed a Memorandum of Understanding (MoU) with Dubai Islamic Economy Development Centre (DIEDC), as part of its commitment to Islamic finance under the DIFC 2024 Strategy and in line with the vision of ‘Dubai: The Capital of Islamic Economy’.

EURO STOXX 50 Licensed To U.S. Based Direxion

Date 12/07/2017

STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, today announced that the EURO STOXX 50 has been licensed to Direxion Funds to underlie a 3x Leveraged ETF.

June 2017: Positive Half-Year Result - The Statistical Monthly Report Contains The Latest Trade And Turnover Figures For SIX Swiss Exchange

Date 12/07/2017

Trading turnover across all the securities traded on SIX Swiss Exchange totaled CHF 723.6 billion in the first half of 2017, which represents an increase of 5.3% on the corresponding period last year. The average trading turnover per day therefore came in at CHF 5.8 billion. The number of transactions also increased: 25'943'274 trades were conducted in total, a rise of 2.1% on the first half of 2016.

MGEX Marks Third Consecutive Day Of Record Open Interest

Date 12/07/2017

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has set a new open interest record for the third day in a row with 105,548 contracts after Tuesday’s activity.  Open interest is currently fifteen percent higher than it was a month ago at the Exchange.      

Axioma Names Thomas D. Severance As Chief Revenue Officer - Former IHS Markit Executive Led Risk Strategy And Analytics For The Americas

Date 12/07/2017

Axioma announced today the appointment of Thomas D. Severance to the newly created position of Senior Managing Director and Chief Revenue Officer. Severance was previously at IHS Markit for six years, where he most recently served as Managing Director, Markit Analytics, heading its risk strategy and analytics business in the Americas.

Joint Declaration Of Paris EUROPLACE And Frankfurt Main Finance On Euro Clearing

Date 12/07/2017

The United Kingdom is leaving the European Union and will in all likelihood lose access to the common market. In light of this, Frankfurt Main Finance and Paris EUROPLACE jointly request the concerned European authorities to consider some fundamental principles regarding future oversight of Euro Clearing:

Brexit: European Commission - Speaking Points By Michel Barnier After The College Meeting

Date 12/07/2017

Ladies and gentlemen,

I am happy to be here with you today.

I have just attended the meeting of the College of Commissioners, at the invitation of Jean-Claude Juncker.

Our first day of negotiations, on 19June, was useful to start off on the right foot.

But the hard work starts now.

European Commission - Fact Sheet: State Of play Of Article 50 Negotiations With The United Kingdom

Date 12/07/2017

ESMA Reviews The Application Of IFRS 13 – Fair Value Measurement Requirements

Date 12/07/2017