News Centre

REDI Strengthens Dallas-Area Presence With Move To New Plano Office

Date 22/10/2014

REDI Holdings LLC (“REDI”), the independent, industry-backed provider of the REDIPlus® trade management platform, today announced the successful completion of its move to a new 10,000 square foot facility in Plano, Texas. The new office, located at 7800 North Dallas Parkway, will accommodate the firm’s Dallas-area growth ambitions and provide clients in the region with continued access to local resources.

ESMA Publishes Updated Q&A On Prospectus Issues

Date 22/10/2014

The European Securities and Markets Authority (ESMA) has published an updated version of its Q&A on Propectus issues.

Nasdaq eSpeed Introduces U.S. Treasury Bills Trading On Its Fully Electronic Platform - New Functionality To Expand Trading Opportunities And Improve Cost Efficiencies

Date 22/10/2014

Nasdaq (Nasdaq:NDAQ) today announced that eSpeed, the exchange group's over-the-counter platform for electronic trading in U.S. Treasury securities, successfully introduced U.S. Treasury Bill (TBills) with notional average daily volume exceeding $4 billion and daily highs exceeding $10 billion.

Parliament Elects New European Commission

Date 22/10/2014

MEPs approved the new college of 27 Commissioners, as presented by its President-elect Jean-Claude Juncker on Wednesday morning, with 423 votes in favour, 209 against and 67 abstentions. The new Commission now needs to be formally appointed by EU heads of state or government to enable it to take up duty on 1 November for a five-year term.

TheCityUK Welcomes The Confirmation Of The New EU Commission

Date 22/10/2014

In response to the confirmation of the new EU Commission, Chris Cummings, Chief Executive, TheCityUK, said:

“With the new EU Commission now formally voted in by the European Parliament, the financial and related professional services industry across Europe has an important role in helping to deliver the jobs and growth agenda set out by President-elect Juncker.   His vision for the mandate is clear – a Europe that will return to growth, which is stronger and more cohesive with renewed financial stability."

European Parliament Elects Juncker Commission

Date 22/10/2014

Today, the European Parliament gave its strong support to the new European Commission with 423 votes in favour, 209 against and 67 abstentions.

Cairo Amman Bank Flash Comment: Jordan’s Trade Deficit Up 4.1% During First Eight Months Of 2014

Date 22/10/2014

• Jordan’s trade deficit increased by JD 271 million or 4.1% during the first eight months of 2014, compared to the same time period in 2013. The trade deficit stands at JD 6,823 million for the first eight months of 2014, compared to JD 6,552 million for the same time period in 2013
• Both exports and imports grew over the same time period, as exports grew by 5.9% while imports grew at a slower pace of 4.8%
• Total exports grew to JD 3,931 million during the first eight months of the year, from JD 3,711  million for the same time period in 2013, driven by fertilizers (up 37%) and  fruit and vegetable (up 16%), while exports of phosphates increased around 10% after fluctuating during the beginning of the year and potash continued to decline. Meanwhile, imports grew to reach JD 10,754  million from JD 10,263 million for the same time period, due to an machinery and machinery equipment imports by 11%, and vehicles and motorcycles imports grew by 22%
• Crude oil imports, which make up more than one quarter of total imports, increased by 19% to reach JD 3,023 million from JD 2,546 million over the time periods, which could indicate volatility in Egyptian gas supplies and reserves
• If the Egyptian gas supplies remain inconsistent, it is anticipated that the oil bill will reverse the 2013 trend and instead grow in 2014. In addition, and with the continuous influx of Syrian refugees, it is expected that the trade deficit will remain at high levels witnessed in 2013

MARF Admits A €50 Million Comercial Paper Programme By Grupo Barceló - The Fourth Commercial Paper Programme Registered With MARF

Date 22/10/2014

The Mercado Alternativo de Renta Fija (MARF) has admitted a commercial paper programme by Grupo Barceló, with a maximum outstanding amount of €50 million.

BSE Inks Strategic Partnership With YES BANK - The Partnership Aims At Sharing Knowledge In SME Listing

Date 22/10/2014

Asia’s first & fastest stock exchange, BSE has signed a Memorandum of Understanding (MoU) with YES BANK, India’s fourth largest private sector Bank. The MoU aims at maintaining a synergized approach to create awareness about equity fund raising from primary market for SME’s, retail investor education, as well as comprehensive banking & financial solutions, with various SME sector units, trade associations & policy makers.  This MoU was signed in Mumbai on 22nd October 2014.

Thomson Reuters Launches First-Of-Its-Kind Starmine Quality Earners APAC Ex-Japan Income Index - Innovative Index Uses Proprietary Starmine Quantitative Model To Deliver Outperformance, High Dividend Yields And Low Volatility Opportunities To ETF Issuers

Date 22/10/2014

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the launch of a new index that identifies the most sustainable earning and high dividend-yielding companies in Asia Pacific excluding Japan. The Thomson Reuters StarMine Quality Earners APAC ex-Japan Income Index offers not only greater total returns and higher income generation compared with a traditional Asia Pacific index, but also lower volatility to help investors of exchange traded funds (ETFs) manage portfolio risk. StarMine's proprietary earnings quality model identifies those companies with the most reliable and persistent earnings over time, giving the index an edge over other similar indices.