News Centre

Global Accelerator MassChallenge Management Participated In The Opening Bell Ceremony At TASE

Date 27/02/2017

The management of global accelerator MassChallenge took part in the Opening Bell Ceremony at TASE, celebrating the launch of Women Founders' Network, a holistic program designed to promote women entrepreneurs. The ceremony was also attended by entrepreneurs from the Israeli Hi-Tech industry.

New Appointments In TASE Management - Orly Grinfeld, SVP And Head Of TASE Clearing Houses. Adi Barkan, Former Head Of TASE Clearing House Will Be Appointed As SVP, Compliance Office

Date 27/02/2017

FIX Trading Community Announces Enhancements To The FIX Protocol To Meet The Requirements Of MiFID II And MiFIR

Date 27/02/2017

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the publication of a document detailing extensions to the FIX Protocol to meet the requirements of MiFID II and MiFIR. The FIX Global Technical Committee has approved these changes and these are now available to use within the industry.

Deutsche Börse AG: Recommended Merger Of Deutsche Börse AG And London Stock Exchange Group plc - Decision To Not Submit A Divestment Of MTS S.p.A. As Improved Remedy To The European Commission

Date 27/02/2017

Following the market test in relation to the remedy proposal of 6 February 2017, the European Commission has raised new concerns regarding the viability of LCH SA as a divestment business in relation to access to bondand repo trading feeds currently provided for by MTS S.p.A., an Italian regulated electronic trading platform. The European Commission has therefore required that Deutsche Börse AG ("DBAG") and London Stock Exchange Group plc ("LSEG") commit to the divestment of LSEG's majority stake in MTS S.p.A. to secure merger clearance.

HKEX 2016 Final Results

Date 27/02/2017

Key messages

• Revenue and other income for 2016 was 17 per cent lower than 2015 or 14 per cent lower after excluding 2015 exceptional gains of $514 million. This compares favourably to the significantly reduced levels of market activity experienced during the year.
• Group revenue for the year was significantly influenced by the following factors:
  • Subdued activity on the Cash Market in Hong Kong, which returned to pre-2015 levels;
  • Decreased Commodities trading activity on the LME; and
  • Increased trading of derivatives contracts on the Futures Exchange.
• Operating expenses increased by 5 per cent against the prior year or 3 per cent after eliminating a 2015 one-off recovery, of $77 million, from the liquidators of Lehman. Increased operating costs reflect the continued investment in strategic projects, which was substantially offset by expenditure control measures introduced during the year.
• The EBITDA margin of 69 per cent was 6 per cent lower than 2015, reflecting the decline of trading and clearing income as compared to the prior year.
• Profit attributable to shareholders decreased by 27 per cent against 2015 or 22 per cent after adjusting for the after tax effect of the 2015 exceptional gains and one-off recovery of $591 million. In 2015 record high trading volume on the Cash Market delivered exceptional profits for the Group. Notwithstanding the difficult trading conditions in 2016, profit attributable to shareholders compares well with pre-2015 results and was 12 per cent higher than 2014.

Japan Exchange Group: Candidates For Directors, Executive Officers, Etc.

Date 27/02/2017

The Japan Exchange Group (JPX), Inc. has decided on candidates for directors, executive officers, etc. effective from April 1, 2017.

Monetary Authority Of Singapore Announces Establishment Of Corporate Governance Council To Review The Code Of Corporate Governance

Date 27/02/2017

The Monetary Authority of Singapore (MAS) announced today that it has formed a Corporate Governance Council (Council) to review the Code of Corporate Governance (CG Code). The Council will be chaired by Mr Chew Choon Seng, former Chairman of the Singapore Exchange (SGX).

ADX: Investors Should Update International Bank Account Number (IBAN) To Ensure Receiving Cash Dividend Promptly - 65% Of ADX Listed Companies Announced Cash Dividend Distribution In 2016 - AL BLOOSHI

Date 27/02/2017

43 out of 66 public listed companies (local & foreign) in Abu Dhabi Securities Exchange (ADX) announced the distribution of cash dividend.   The amount of cash dividend announced by the 43 companies was AED 22.7 billion. 

Recommended All Share Merger Between London Stock Exchange Group Plc And Deutsche Börse AG - Update On The European Commission Phase II Proceedings

Date 27/02/2017

On 28 September 2016, the European Commission (“Commission”) announced the commencement of Phase II proceedings in connection with its review of the proposed merger between London Stock Exchange Group plc (“LSEG”) and Deutsche Börse AG (“Deutsche Börse”) (the “Merger”). As announced on 7 February 2017, the Commission began a period of market testing based on LSEG’s and Deutsche Börse’s submitted commitments, comprising of the proposed sale of LCH SA to Euronext N.V.. 

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report By Nationality And Investor Type

Date 26/02/2017

The total value of shares traded for the week  ending 23 February 2017 amounted to SAR 18.38 billion, increasing by 2.02% over the previous week; while total stock market capitalization reached SAR 1,650.23 billion at the end of this period, decreasing by 1.25% over the previous week.