News Centre

Dubai International Financial Centre Welcomes KAMCO, One Of Region’s Largest Private Sector AUMs

Date 11/07/2016

Kuwait’s KAMCO Investment Company, a leading investment company with one of the largest private sector Assets under Management (AUMs) in the region, today announced the opening of its first international office in DIFC.

Euronext To Offer MiFID II-Compliant Trade Publication And Transaction Reporting Services

Date 11/07/2016

Euronext announced it will enhance its Trade Publication and Transaction Reporting Services[1]to allow investment firms to meet the new regulatory requirements specified under MiFID II[2].

“Borsa Italiana Global Equity Market” Launched Today

Date 11/07/2016

• 66 international shares available for trading
• 2 Specialists to support order book liquidity
• 31 member firms already connected

European Commission Launches Two New Financial Instruments To Boost Investments In Start-Ups And Sustainable Urban Development

Date 11/07/2016

Today the European Commission adopted two new "off-the-shelf", i.e. "ready-to-use" financial instruments for ESI Funds investments, to ease access to funding for young businesses and urban development project promoters.

The Saudi Stock Exchange (Tadawul) Announces The Implementation Of The New Trading Commission For Listed Shares

Date 11/07/2016

With reference to The Capital Market Authority announcement dated 30/6/2016, regarding amended trading commission for listed share, The Saudi Stock Exchange would like to inform our valued stakeholders that all outstanding/unexecuted orders will be cancelled at the end of trading session on Thursday 14/07/2016 . Furthermore , new orders will be allowed to be entered starting from Sunday 17/07/2016 to apply the new trading commission mechanism.

ESMA Publishes Translations Of Its Guidelines On Cross-Selling Practices

Date 11/07/2016

The European Securities and Markets Authority (ESMA) has published translations of its Guidelines on cross-selling practices.

State Street To Pilot GlobalCollateral Ltd’s Margin Settlement Messaging Service - Leading Global Fund Administrator To Pilot GlobalCollateral’s Settlement Messaging Service In Order To Streamline Margin Call Processes, Enhance Client Service And Improve Custodian Communications

Date 11/07/2016

DTCC-Euroclear GlobalCollateral Ltd (“GlobalCollateral Ltd”), a joint venture (JV) of Euroclearand The Depository Trust & Clearing Corporation (DTCC), today announced that State Street Corporation has agreed to participate in a pilot program to test the JV’s Margin Settlement Messaging Service.

Recommended All-Share Merger Between London Stock Exchange Group Plc And Deutsche Börse AG - Amendment of Exchange Offer Acceptance Condition

Date 11/07/2016

The recommended all-share merger between London Stock Exchange Group plc ("LSEG") and Deutsche Börse AG ("Deutsche Börse") (the "Merger"), to be implemented by a new UK holding company, HLDCO123 plc ("HoldCo"), is subject to certain Conditions, including one which required HoldCo to receive valid acceptances in respect of the Exchange Offer of at least 75% of the Deutsche Börse Shares (less treasury shares) at the time of expiration of the Acceptance Period under the Exchange Offer (the "Exchange Offer Acceptance Condition"). The Exchange Offer Acceptance Condition is LSEG Condition 2 to the LSEG Acquisition as set out in Part IV of the Scheme Document and is Deutsche Börse Condition 1 to the Deutsche Börse Acquisition as set out in Section 14.1 A.1 of the Exchange Offer Document.

Recommended All-Share Merger Between Deutsche Börse AG And London Stock Exchange Group - Amendment of Exchange Offer Acceptance Condition

Date 11/07/2016

HLDCO123 PLC (“HoldCo”), London, United Kingdom, published the offer document regarding its voluntary public takeover offer in the form of an exchange offer to the shareholders of Deutsche Börse AG, Frankfurt am Main, for acquiring all registered no-par-value shares in Deutsche Börse AG (the “Exchange Offer”). The Exchange Offer and the agreements which are concluded by accepting the Exchange Offer are – as further described in the offer document – subject to various closing conditions, amongst others a minimum acceptance threshold of 75% of the shares in Deutsche Börse AG (the “Exchange Offer Acceptance Condition”). HoldCo today announces it has lowered the threshold required for acceptances under the Exchange Offer Acceptance Condition from 75% to 60% of the Deutsche Börse Shares (less treasury shares) at the time of expiration of the Acceptance Period. HoldCo intends to publish this offer amendment today amongst other on the Internet at http://www.mergerdocuments-db-lseg.com.

Updated: Nigerian Stock Exchange Releases Its 2016 Sustainability Report, Adopts GRI G4 Reporting Guidleines

Date 11/07/2016

The Nigerian Stock Exchange is pleased to announce that it has released its 2016 Sustainability Report titled “Ushering in a new era of sustainability in the Nigerian market place”. The report, the second edition, demonstrates how The Exchange showcases the importance of sustainable business practices in delivering value and supporting economic growth.