News Centre

Dubai Financial Market: Comprising The Rights Issues Of Ajman Bank, Dubai Parks & Resorts And Dubai Islamic Bank:- Rights Issues Achieve Momentous Success On DFM With AED 527 Million Of Trading - His Excellency Essa Kazim: “Rights Issues’ Trading Has Provided Investors With A New And Flexible Financial Instrument To Benefit From Capital Increases Of Listed Companies”

Date 20/06/2016

Dubai Financial Market (DFM) has recorded AED 527 million of trading in Rights Issues of three listed companies since the beginning of 2016. The Rights Issues are for Ajman Bank, Dubai Parks & Resorts and Dubai Islamic Bank. The robust activity clearly indicates the significance of this new instrument that has enabled shareholders who do not wish to subscribe to the new shares to sell all or part of their Rights to other investors who do wish to subscribe.

Sample Stocks Adjusted In Serial Indexes Including Shenzhen Stock Exchange Component Index, SME Index And ChiNext Index

Date 20/06/2016

Regular sample stock adjustment will be implemented in SZSE serial indexes including SZSE Component Index, SME Index, ChiNext Index and SZSE 100 Index according to index compilation rules, Shenzhen Stock Exchange (SZSE) and Shenzhen Securities Information Co., Ltd. (SSIC) announced. SSIC also disclosed that cross-market indexes like Cninfo 100 Index will have sample stocks adjusted regularly too. The adjustment will be officially carried out on the first trading day in July 2016.

In SZSE Component Index, 50 sample stocks will be replaced, with Tianma and Jinsheng Mechanical & Electrical etc. to be replaced by Focus Media and Kunlun Wanwei etc. In SME Index, 10 sample stocks will be adjusted, with ETi and Dunan to be replaced by etc. Tianqi Lithium and Focus Media etc. In ChiNext Index, 7 sample stocks will be changed, with NanFeng Corporation and CTI Testing etc. to be replaced by EVE Energy and Thundersoft etc. In SZSE 100 Index, 10 sample stocks will be adjusted, with Weifu Hi-tech and Xinrong Environment etc. to be replaced by Tianqi Lithium and Shanghai Raas etc. In Cninfo 100 Index, 9 sample stocks will be changed, with Liaoning Chengda and Qingdao Haieretc. to be replaced by Everbright Securities and Western Securities etc. 

Amman Stock Exchange: New version Of The “Market Watch Live” Program

Date 20/06/2016

The Amman Stock Exchange launches the new version of the “Market Watch Live” Program starting Monday, the 20th of June 2016. This new version characterized by the ease of use and display of the information using the Pop-Up windows method inside the web browser.

Shenzhen Stock Exchange Strictly Regulates ChiNext "Framework Agreement" Disclosure

Date 20/06/2016

In recent years, as new economy, new business formats and new modes keep springing up, listed companies, based on the needs of development and transformation, are more and more willing to explore new fields through various means including signing framework agreements. According to statistics, ChiNext companies disclosed 415 strategic framework (cooperation) agreements in 2015, an increase of 99% from that in 2014. In the future, as the listed under new economic normal develop and transform, such disclosure would be of larger scale.

HKEX To Work To Revise Its Stock Option Position Limit Model

Date 20/06/2016

Hong Kong Exchanges and Clearing Limited (HKEX) announced today (Monday) that it will work to revise its stock option position limit (SOPL) model.

CEGH To Join PEGAS Platform

Date 20/06/2016

Parisian-based Powernext SA and the Austrian Central European Gas Hub AG (CEGH) have signed an agreement to jointly develop the Austrian as well as the Central and Eastern European (CEE) gas markets. In the context of this cooperation, the Austrian CEGH Gas Exchange spot and futures contracts will be offered via the pan-European PEGAS platform and operated under the Powernext rulebook. The cooperation is subject to competition and regulatory approvals. CEGH and Powernext expect closing in Q3 2016.

Dubai Financial Services Authority Hosts Annual Supervision Outreach Session

Date 20/06/2016

The Dubai Financial Services Authority (DFSA) held its Annual Supervision Outreach Session last month to discuss key regulatory priorities and issues. The event brought together various speakers from the DFSA, the Compliance Officers Network Group (CONG), the Dubai International Financial Centre (DIFC) Authority and the DIFC Insurance Association. Over 200 participants attended the event, representing a sizeable percentage of the 418 Authorised Firms operating in the DIFC.

Eurex Clearing Enhances The Marketplace For Securities Lending Central Clearing

Date 20/06/2016

The securities lending business turns gradually into a centrally cleared segment. “The impact of regulation and the increasing cost of capital, combined with the drive for operational efficiency, support central clearing for the securities lending marketplace”, said Erik Müller, who will take over responsibility for Eurex Clearing on 1 July.

Better Corporate Governance Key To Attracting Investors To Taiwan’s Semiconductor, Biotechnology And Auto Companies, Says Taiwan Stock Exchange - More Than 400 Institutional Investors And 27 Companies Took Part In ‘Emerging Asian Industries’ Forum

Date 20/06/2016

The adoption of best practice information disclosure will be essential for attracting more investment to the promising semiconductor, biotechnology and automotive companies listed on the Taiwan Stock Exchange Corporation (TWSE).

ASIC Releases Report Highlighting Significant Failures In The Retail OTC Derivatives Industry

Date 20/06/2016

ASIC today released a report detailing the findings of a recent surveillance program and identifying some serious and widespread compliance failures in the retail over-the-counter (OTC) derivatives industry.