News Centre

European Commission: Statement By Michel Barnier At The Press Conference Following The General Affairs Council (Art. 50)

Date 22/05/2017

Ladies and gentlemen,

From the day the UK decided to leave, the EU has gone through an intense preparatory process.

Fourth Annual FTSE Russell Global Institutional Smart Beta Survey Marks Peak In Adoption And Rising ESG Interest

Date 22/05/2017

• Trend of asset owners reporting an existing smart beta allocation has risen to 46% (a new peak), with 63% of those with an existing smart beta allocation evaluating additional strategies based on smart beta indexes
• Over 41% of asset owners evaluating or using strategies based on smart beta indexes anticipate applying Environmental, Social & Governance (ESG) considerations
• Multi-factor index-based strategies have become the top smart beta equity strategy used

Al Mawared Amman Stock Exchange Weekly Report, 22 May 2017

Date 22/05/2017

Jordanian stocks rise by 0.27% WoW, snapping a 6-week losing streak

• The ASE General Index advanced by 5.8 points last week ending a six-week losing streak despite a 25.5% WoW decrease in average daily trading values. Blue-chips Al-Eqbal Investment Company (EICO, +3.1%), The Housing Bank (THBK, +1.35%), & Cairo Amman Bank (CABK, +5.7%) pushed the index higher while banking heavyweight Arab Bank (ARBK) weighed on the index partly offsetting broader market gains after declining by 1.3% WoW as news that the settlement between the ARBK and Americans who accused the bank of facilitating militant attacks in Israel may hit a snag surfaced during the week. 
• On the sectoral front, all sector indices closed the week in green except for the banking (-0.24%) & insurance (-0.37%) sectors with the diversified financial services sector recording the biggest gain of 1.44% WTD. 
• Jordanians were net buyers while Arab & foreign investors were net sellers. 
• Institutions were net buyers while Retail investors were net sellers.

FSB - Rapid Growth In FinTech Credit Carries Opportunities And Risks: Report

Date 22/05/2017

FinTech platforms account for an increasing share of credit provision and policymakers have to consider the opportunities and risks such activity brings, a new report by the Committee on the Global Financial System (CGFS) and the Financial Stability Board (FSB) finds.

ESMA Clarifies Traded On A Trading Venue Under MiFID II

Date 22/05/2017

The European Securities and Markets Authority (ESMA) has issued today an opinion regarding the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

Securities Commission Malaysia Charges Former Managing Director Of Maxbiz For Insider Trading

Date 22/05/2017

Securities Commission Malaysia (SC) today charged Dato’ Vincent Leong Jee Wai (Dato’ Vincent Leong) for insider trading of shares of Maxbiz Corporation Berhad (Maxbiz).

EGX: The First Egyptian Public Institution In The Region That Issues Annual Sustainability Report

Date 22/05/2017

In an important step of EGX management towards achieving its strategy of becoming a sustainable institution and leading the listed companies and the various market participants for accomplishing the objectives of sustainable development, EGX has issued the first Annual Sustainability Report at the level of the Egyptian public institutions.

Better Finance - A Twin-Peaks Approach To The European System Of Financial Supervision: Turning Consumer Protection Into A Real Priority

Date 22/05/2017

With up to 20 expert members taking part in the four stakeholder groups of the European Supervisory Authorities (ESAs), including 3 vice-chairs, Better Finance is the user-side NGO that is most actively involved with the work of the ESAs. It is therefore particular well-placed to contribute to this very welcome and crucial review[1] by the European Commission (EC) of their work.

UBS MTF Trading Notice N7 - MinLIS In Stock Universe File

Date 22/05/2017

UBS MTF would like to announce an update to the UBS MTF Stock Universe published on our server.

Clearstream’s Monthly Report - Taking T2S Cross-Border - T2S Volumes Doubled To 500,000 Transactions Per Day - Remain Divided Along National Lines - Clearstream’s Enhanced Service Offering Allows Clients To Settle In Commercial And Central Bank Money – Via One Single Platform

Date 22/05/2017

Five years ago, the first nine Central Securities Depositories (CSDs) signed the agreement with the Eurosystem to set up the pan-European settlement platform TARGET2-Securities (T2S). T2S set out to reduce settlement cost in Europe, increase cross-border activity, move settlement to a common platform and thereby address some of the Giovannini barriers, identified as major obstacles to an efficient market infrastructure. Today, 18 CSDs, representing 16 markets, have already migrated to T2S, bringing more than 80% of the total volume to the platform – and the fifth and last migration wave is approaching fast.