News Centre

Amman Stock Exchange: The Winter Time Is Due To Begin Friday, October 27

Date 26/10/2017

As of Friday, October 27,2107 Jordan switches to wintertime, while clocks are turned backward  60 minutes one hour in accordance with local standard time.

SEC Announces Measures To Facilitate Cross-Border Implementation Of The European Union's MiFID II's Research Provisions

Date 26/10/2017

Today, following consultation with European authorities, and in response to concerns that investors could lose access to valuable research, the staff of the U.S. Securities and Exchange Commission issued three related no-action letters. These letters are designed to provide market participants with greater certainty regarding their U.S. regulated activities as they engage in efforts to comply with the European Union’s (EU) Markets in Financial Instruments Directive (MiFID II) in advance of the Jan. 3, 2018, implementation date.

CME Group Inc. Reports Strong Third-Quarter 2017 Financial Results - Average Daily Volume Rose 10 Percent To 15.7 Million Contracts, Including Records In Energy And Metals

Date 26/10/2017

CME Group Inc. (NASDAQ: CME) today reported revenue of $891 million and operating income of $568 million for the third quarter of 2017.  Net income was $309 million and diluted earnings per share were $0.91.  On an adjusted basis, net income was $406 million and diluted earnings per share were $1.19.  Financial results presented on an adjusted basis for the third quarters of 2017 and 2016 exclude certain items, which are detailed in the reconciliation of non-GAAP results.

FinTech Association Of Hong Kong Partners With FinTech Associations In Singapore, Switzerland And Taiwan To Promote Global FinTech

Date 26/10/2017

The FinTech Association of Hong Kong (FTAHK) has signed three separate Memoranda of Understanding with the Singapore FinTech Association, the Swiss Finance + Technology Association and the Taiwan FinTech Industry Development Association. These were completed during the HongKong FinTech week that is currently underway. All three associations have the goal of collaborating in the promotion of the global FinTech industry. 

CloudMargin Named FinTech Innovator Of The Year In The TRADE Editor’s Choice Awards - First Recipient In The Category At Annual Leaders In Trading Awards

Date 26/10/2017

CloudMargin<https://cloudmargin.com/#utm_source=Press&utm_medium=Release>, the multi-award winning creator of the world’s first web-based collateral and margin management solution, announced today that The TRADE Magazine has just bestowed on the firm an Editor’s Choice Award, naming CloudMargin “FinTech Innovator of the Year” at its Leaders in Trading awards event in London last night.

ESM Approves Spain’s Sixth Early Repayment

Date 26/10/2017

The Board of Directors of the European Stability Mechanism (ESM) today approved a request by Spain to make a voluntary early repayment of €2 billion of its ESM loan. This is the sixth time that Spain has requested to make an early repayment on a loan to recapitalise its banks in 2012 and 2013. Following this payment, Spain’s outstanding debt to the ESM will be €31.7 billion.

Cinnober Launches Minium - New Subsidiary’s Real-Time Solution Aims To Radically Modernise And Streamline Risk And Post-Trade Services For Both Banks And Brokers

Date 26/10/2017

Minium’s solution, based on Cinnober’s award winning technology for exchanges and clearinghouses, will enable banks and brokers to offer modern and efficient real-time post-trade services to their customers. This includes a complete overview of their risk exposure to different markets in real-time. Minium’s multi-asset technology is able to handle all asset classes traded on exchange as well as over-the-counter to provide operational and capital efficiencies.

HKEX To Introduce Its Iron Ore Futures On 13 November

Date 26/10/2017

• HKEX's first ferrous metal product
• Screen-traded on an exchange for maximum transparency, efficiency and convenience
• 100 per cent Trading Fee waiver and Commission Levy exemption in first six months 

Cinnober Introduces Subsidiary Minium - Intensified Focus On New Markets And A Broadened Target Group

Date 26/10/2017

Established as a new subsidiary within the Cinnober Group during the end of last year, Minium will provide real-time post-trade technology and services to international investment banks. The development is proceeding according to plan with the ambition that Minium's solutions, which reach the market in 2018, will modernize and streamline the operation of so-called client clearing services in the banking sector. An area tightly squeezed by new regulatory obligations, higher capital requirements, and high spending on legacy IT infrastructures for older systems and outdated technology. 

Deutsche Börse Welcomes Vanguard As New ETF Issuer - Full European Vanguard Product Range Tradable On Xetra For The First Time

Date 26/10/2017

Exchange traded funds (ETFs) issued by Vanguard have been tradable for the first time on Xetra and Börse Frankfurt since Thursday. The 23 new ETFs provide investors with access to an extensive product range of equity, fixed income and strategy ETFs.