News Centre

IMF Director Christine Lagarde Reacts To Brexit At Aspen Ideas Festival: Asks Leaders To Proceed In “The Most Efficient, Predictable Way”

Date 27/06/2016

Today during the opening session of the 2016 Aspen Ideas Festival, International Monetary Fund managing director Christine Lagarde reacted to Brexit, saying: “There was no panic, despite the fact that markets had not anticipated that vote … and the central bankers did the job that they were prepared to do just in case.”

World Economic Forum: Blockchain A Game Changer For The Future Of Financial Transactions

Date 27/06/2016

• Blockchain, an online data ledger, is set to make a big impact in financial services, and has applications in a range of other industries from e-commerce to insurance and voting
• Blockchain technology is already being used in innovative ways, such as to curb fraud and corruption in the flow of blood diamonds in the supply chain
• The Annual Meeting of the New Champions 2016 is taking place in Tianjin, People’s Republic of China, from 26 to 28 June
• Follow the Annual Meeting of the New Champions 2016 (#amnc16) at http://wef.ch/amnc16

CME Group Expands Suite Of Palm Risk Management Products

Date 27/06/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of four new palm contracts to its suite of agricultural products, to begin trading on July 11, 2016, pending all relevant regulatory review periods.

MNI India Business Sentiment Indicator: India Business Confidence Highest Since February - Export Orders Up Sharply

Date 27/06/2016

Strong growth in export orders and a decline in both input prices and the cost of debt service helped to push sentiment among Indian businesses to a four-month high in June.
 

Osaka Securities Exchange: Latest Update Of Deliverable Bonds And Conversion Factors Of JGB Futures

Date 27/06/2016

Tokyo Commodity Exchange: Final Settlement Price Of Gold & Platinum Mini For June 2016 Contract

Date 27/06/2016

Final settlement price of Gold mini for June 2016 contract is 4,355 yen.

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

Date 26/06/2016

The total value of shares traded for the week ending 23  June 2016 amounted to SAR 15.44 billion, decreasing by 17.28% over the previous week; while total stock market capitalization reached SAR 1,513.35 billion at the end of this period, decreasing by 0.09% over the previous week.

Abu Dhabi Securities Exchange Lists Mandatory Convertible Bonds Into Abu Dhabi National Insurance Company Shares - Rashid Al Baloushi: A Step That Reflects Great Confidence In Abu Dhabi Securities Exchange - Ahmad Edris: A Step That Would Help Provide Investment Alternatives In The Market

Date 25/06/2016

As part of Abu Dhabi Securities Exchange’s commitment to Abu Dhabi Plan Program toward achieving a financial system that supports development in the Emirate, and as part of its contribution to the development of the financial services sector, mandatory convertible bonds were listed last Thursday into shares by Abu Dhabi National Insurance Company to insure at Abu Dhabi Securities Exchange. The listing was carried out in the presence of Mr. Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange and Mr. Ahmad Edris, CEO of Abu Dhabi National Insurance Company, in addition to a group of experts, officials from two sides, as well as representatives of the National Bank of Abu Dhabi in its capacity as the director of issuance and the subscription receiving bank.

European Commission: Statement On The Decision Of Commissioner Lord Hill To Resign From The European Commission And On The Transfer Of The Financial Services Portfolio To Vice-President Valdis Dombrovskis

Date 25/06/2016

Commissioner Lord Hill, responsible for Financial Stability, Financial Services and the Capital Markets Union, has informed European Commission President Juncker of his decision to resign from his post as European Commissioner.

New York State Department Of Financial Service: Statement By DFS Superintendent Maria T. Vullo On The Vote By The United Kingdom To Exit The European Union

Date 25/06/2016

“The vote by the United Kingdom to leave the European Union has broad ramifications for the financial industry throughout the world, including in New York. To prepare for this possibility, the Department of Financial Services (DFS) has been engaged for several weeks in discussions with its regulated entities regarding the potential impact of “Brexit” on those institutions, including their Brexit-specific contingency plans and stress tests.  Throughout the day today, DFS has been in close communication with the department’s regulated institutions, and has coordinated with its federal counterparts to assess the impact of Brexit and market volatility on the safety and soundness of the institutions, and in particular the impact of Brexit on their operations in New York. DFS will continue to work with its regulated entities and assess both the short term and long term impact of Brexit and take appropriate action as necessary.”