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Palestine Securities Exchange Monthly Investor Newsletter-April 2016

Date 04/05/2016

Click here to download the Apriln edition of the PEX Monthly Investor Newsletter.

Crowe Horwath Welcomes BaxterBruce - Two Firms Join Forces To Expand Financial Services Risk Consulting Services

Date 04/05/2016

Crowe Horwath, a leading global risk consulting firm, reached an agreement to acquire BaxterBruce Ltd. the U.K.'s specialized insurance industry management consulting firm. By joining forces, the two firms will create one of the U.K.'s premier risk consulting firms to the financial services industry. Financial terms were not disclosed.

Akbank Becomes Market Maker In USD/TRY Options At Borsa İstanbul VIOP

Date 04/05/2016

Effective from May 2, 2016, Akbank became a market maker in USD/TRY Options.

Upon registration of Akbank as a market maker, the number of market makers in USD/TRY Options has increased totwo. The trade volume in USD/TRY Options, under the new market making program,  reached TRY 4.2 billion, up to 70 folds in 2015 compared to the previous year. The number of accounts trading in the related contracts also increased with the introduction of the new market making program. Domestic and foreign investors’ interest in USD/TRY Options are expected to further increase.

U.S. Treasury: Quarterly Refunding Statement Of Acting Assistant Secretary For Financial Markets Daleep Singh

Date 04/05/2016

The U.S. Department of the Treasury is offering $62 billion of Treasury securities to refund approximately $60.1 billion of privately-held Treasury notes maturing on May 16, 2016.  This will raise new cash of approximately $1.9 billion.  

TABB Group Research Explores Shortcomings Of SEC’s Proposed Dark Pool Transparency Rule - New Research Outlines Top Concerns In Proposed Landmark ATS Regulation

Date 04/05/2016

The Securities and Exchange Commission (SEC) proposed a new registration form in 2015 for alternative trading systems (ATS), Form ATS-N, which would make details for each platform’s broker-dealer affiliates and operations publicly available. The proposal would impose new transparency requirements on all ATSs, also referred to as “dark pools,” which accounted for 15% of total industry volume and 39% of off-exchange volume in 2015. TABB’s latest market note, “ATS Transparency: The Industry Weighs In on Proposed Form ATS-N,” recaps market participants’ concerns and lays out specific areas for enhancements that TABB believes will ensure an effective transparency regime.

Toronto Stock Exchange Home To Over 400 Exchange Traded Funds - Market Open Ceremony To Celebrate New Milestone

Date 04/05/2016

Toronto Stock Exchange (TSX) today announced that it has surpassed a significant milestone with more than 400 exchange traded funds (ETFs) now listed. Since the beginning of 2011, the number of ETFs listed on TSX has more than doubled, bringing the total market capitalization to approximately $106 billion as of April 30, 2016.

Deutsche Börse: Statement Of intention By Intercontinental Exchange, Inc. Not To Make An Offer For London Stock Exchange Group Plc.

Date 04/05/2016

The Management Board of Deutsche Börse AG has noted that Intercontinental Exchange, Inc. has today released a statement of intention not to make an offer for London Stock Exchange Group plc.

Intercontinental Exchange Reports ICE & NYSE April 2016 Statistics

Date 04/05/2016

• Daily volume in futures up 14%, cash equities up 15% y/y
• Double-digit y/y volume growth in Brent, gasoil, natural gas, power, ags and equity indices

Vienna Stock Exchange: Monthly Statistics For April 2016

Date 04/05/2016

The monthly statistic includes turnover data broken down by market segments and markets, as well as index values.

Intercontinental Exchange Announces Second Quarter Dividend Of $0.85 Per Share

Date 04/05/2016

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today a $0.85 per share dividend for the second quarter of 2016. The dividend is payable on June 30, 2016, to shareholders of record as of June 16, 2016. The ex-dividend date is June 14, 2016.