News Centre

The Egyptian Exchange (EGX) Monthly Statistical Report November 2014

Date 10/12/2014

Total number of listed companies on the main market amounted to 213 at the end of November 2014. Meanwhile, the number of listed companies on Nilex reached 30 at the end of the month.

Hong Kong's Securities And Futures Commission Suspends Former Responsible Officer Of ICBCI Securities For Eight Months For Failures Related To IPO Shares Subscription

Date 10/12/2014

The Securities and Futures Commission (SFC) has suspended the licence of Mr Dick Ma Tor Fuk for eight months from 5 December 2014 to 4 August 2015 for failures in relation to his role in the initial public offering of Powerlong Real Estate Holdings Limited (Powerlong) in 2009.

HKFE Announces Revised Margins For Futures Contracts

Date 10/12/2014

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 12 December 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

SWIFT Institute Publishes New Paper On Financial Stability - New Paper Examines The Basic Criterion Necessary For Regions To Obtain Financial Stability And Avoid A Repeat Of The Financial Crisis Impacting The Industry Since 2008

Date 10/12/2014

New paper from the SWIFT Institute outlines the basic criteria the financial industry should embrace to achieve financial stability in a geographically integrated financial market. Based on a theory of optimal financial areas (OFA), Professors Erik Jones and Geoffrey Underhill, revisit the European economic crisis and explain how such a crisis could be avoided in other integrated financial markets.

ViClarity: Hedge Funds In Europe Are Taking Too Little Account Of The Risks Involved In Outsourcing Compliance

Date 10/12/2014

• Senior Executives can carry personal liability for the conduct of firms
• Firms exposed to prosecution due to a lack of change to business structure and insufficient monitoring of governance standards
• 7 out of 10 not putting effective measures to manage the business process and conduct aspects of AIFMD

CME Group Wins Multiple Categories At The FOW International Awards

Date 10/12/2014

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has won four categories at the FOW International Awards.

Dubai Financial Market Welcomes The Listing Of “Dubai Parks And Resorts” - Investors Can Now Access Dubai’s Tourism Sector As Part Of Dubai Financial Market’s Diversification Strategy

Date 10/12/2014

• His Excellency Essa Kazim: “The new listing enables investors to participate in the spectacular success story of Dubai as a tourism destination with sector’s contribution to GDP  expected to grow from 10% in 2013 to 15.4% by 2020”
• Mr. Raed Al Nuaimi, CEO of Dubai Parks and Resorts: “Today’s listing on the Dubai Financial Market marks an important stage in our growth plans and the chance for UAE and international investors to share in the growth of Dubai’s dynamic tourist sector.”

CoinInvest.com: Report Shows £10k Invested In Silver In 2000 Would Have Made £23k By 2014, Outperforming Other Asset Classes - Silver’s Price Has Risen Nine-Fold Since 1970 And Has Outperformed Gold Since 2009

Date 10/12/2014

A landmark report by the Centre of Economics and Business Research (Cebr) on behalf of CoinInvest.com and its sister company Silver-to-go reveals that silver has heavily outperformed most other asset classes since 2000. Indeed, the research shows that £10,000 invested in silver would have yielded £23,000 return between 2000 and 2014, compared to a return of just £6,000 from the same investment in the FTSE 100 Index and a yield of £5,717 from the FTSE Euro 100 Index over the same period.

KPMG Delivers Strong Growth And Record Revenues For FY14

Date 10/12/2014

• Strong growth of 6.3% leads to record global revenues of US$24.8 billion
• Hired 18,000 new graduates, total workforce grew to 162,000, up from 155,000 in FY13
• Maintained a multi-year, US$600 million, investment program to continuously enhance the KPMG audit
• Significant investment and acquisitions in Data & Analytics capabilities

Meaning Of QFII Practice For Internationalization Of Chinese Capital Market - Speech By Song Liping, President And CEO Of Shenzhen Stock Exchange, At The 2015 Caijing Magazine Annual Meeting

Date 10/12/2014

The launch of Shanghai-Hong Kong Stock Connect marks a new milestone in the opening-up of Chinese capital market. Overseas investors have reaffirmed their stable expectation for internationalization of the Chinese capital market, heightening their enthusiasm for participation. More and more large financial institutions are making and implementing long-term plans in the Chinese capital market.