News Centre

ESM/EFSF Investor Newsletter - August 2015 Update

Date 20/08/2015

Greece

The ESM Board of Governors decided on 19 August to grant a three-year ESM stability support programme to Greece. The programme will be for up to €86 billion and in 2015 will comprise:

• €16 billion to be disbursed in cash. This part of the tranche is expected to be released in three separate payments: the first €13 billion immediately upon programme approval, the remaining €3 billion of this sub-tranche will be disbursed at the latest by the end of November, once Greece has completed additional prior actions. 
• €10 billion for the recapitalisation of the banking sector (cashless) immediately and €15 billion (cashless) expected later in 2015, after the first review and the ESM Board of Directors’ approval.
• €6.7 billion to be disbursed in cash in November and December, subject to agreed policy reforms and the ESM Board of Directors’ approval.

Qatar Stock Exchange: Ooredoo Signs Liquidity Provider Agreement With The Group Securities Co.

Date 20/08/2015

Ooredoo announced anagreement with The Group Securities Co. to provide sponsored Liquidity Provision Services, in accordance with the QFMA-approved liquidity provision scheme. The service  started today Thursday 20 August , 2015.

S&P Dow Jones Indices Market Attributes: Risk & Volatility August 2015

Date 20/08/2015

  Download this month's dashboard

LME Announces Plans For Market-Making Programmes

Date 20/08/2015

The London Metal Exchange (LME) today announces it will introduce market-making programmes to support the launch of new products and enhance liquidity on existing contracts. These are the first programmes of their kind to be introduced by the LME in its 138-year history.

Stock Exchange of Thailand: Thai Alternative Bourse's Listed Companies Post 4 Pct Sales Growth In Q2

Date 20/08/2015

• Sales of mai-listed firms up 4.04 pct y-o-y in Q2
•  Net profits slightly down due to no extra gains recorded
• Gross profit margin increased y-o-y to 24.2 percent

European Commission - Fact Sheet: The European Stability Mechanism Programme For Greece: Questions And Answers

Date 20/08/2015

PROGRAMME AND FINANCING

The third economic adjustment programme for Greece will last three years. So when exactly does it start and end?

The third economic adjustment programme for Greece officially starts with the signature of the Memorandum of Understanding (MoU) and lasts for three years. It started on the day of signing, i.e. on 19 August 2015 and runs until August 2018.

European Commission Signs Three-Year ESM Stability Support Programme For Greece

Date 20/08/2015

The European Commission signed the Memorandum of Understanding (MoU) with Greece for a new stability support programme late on Wednesday. The European Stability Mechanism (ESM), Europe's firewall established in 2012 in response to the global financial crisis, will be able to disburse up to EUR 86 billion in loans over the next three years, provided that Greek authorities implement reforms to address fundamental economic and social challenges, as specified in the MoU.

The Egyptian Exchange (EGX) Monthly Statistical Report July 2015

Date 20/08/2015

Total number of listed companies on the main market amounted to 221 at the end of July 2015. Meanwhile, the number of listed companies on Nilex reached 33 at the end of the month.

DGCX Appoints Gaurang Desai As Chief Executive Officer - Gaurang Is The Founding Member Of The Team That Set-Up DGCX In 2005

Date 20/08/2015

Dubai Gold and Commodities Exchange (DGCX) is pleased to announce the appointment of Gaurang Desai as the Chief Executive Officer. As one of the founding members of the team that set-up DGCX in 2005, Gaurang is ideally positioned to take the Exchange to its next stage of development.

HKEx Stock Exchange Participants' Market Share Report

Date 20/08/2015