News Centre

BNP Paribas’ Securities Services Business Launches New Data Management Services In Partnership With NeoXam

Date 04/12/2024

BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial data technology solutions, to support clients’ decision-making across the investment value chain.

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 47.3%, Of Which 32.9% For Institutional Investors

Date 04/12/2024

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in November 2024 was JD8.9 million, representing 8.9% of the overall trading value, while the value of shares sold by them amounted to JD12.3 million.

FTSE China Index Series Quarterly Review – Q4 2024

Date 04/12/2024

• One addition to the FTSE China A50 Index
• One addition to the FTSE China 50 Index

TNS Launches Market Data Monitoring Solution For Banks And Hedge Funds Together With TNS Market Data As A Service

Date 04/12/2024

Transaction Network Services (TNS) today announced the launch of a powerful new data usage optimization product, designed to help buy side and sell side firms streamline market data costs. Called Data Usage Optimizer (DUO), this solution generates actionable market data usage reports that identify where subscription fees can be reduced by pinpointing unused data feeds.

Investors Reject Trade-Off Between Workers And AI, As Over 70% Urge Companies To Invest In Both: PwC 2024 Global Investor Survey

Date 04/12/2024

• Over 60% of investors expect companies to deliver productivity, revenue and profitability gains from generative AI within the next 12 months
• Investors see the importance of investing in people alongside technology, with 74% expecting companies to increase investment in upskilling. Investors are as likely to expect AI to lead to headcount increases (32%) as decreases (32%)
• Investors are cautiously optimistic about the economy: 51% expect the economy to grow over the next 12 months
• Investors continue to eye climate action, with 64% urging companies to moderately or significantly increase their investment to reduce carbon emissions

FSB Plenary Meets In Hong Kong

Date 04/12/2024

The Financial Stability Board (FSB) Plenary met yesterday and today in Hong Kong. Members discussed the outlook for global financial stability, including issues of particular relevance to emerging market and developing economies (EMDEs). The Plenary also reviewed policy work in several areas, including climate-related financial risks, crypto-assets and global stablecoins, cross-border payments, and non-bank financial intermediation (NBFI).

EGX: Execution Of The Public And Private Offering Of The United Bank

Date 04/12/2024

The public and private offering for the shares of The United Bank (UBEE.CA) was executed during today’s trading session, Wednesday, December 4th, 2024, with a total of 330 million shares, representing 30% of the bank's issued capital, at a price of EGP 13.85 per share, across two tranches (public and private), with a total value of EGP 4,570,500,000, as follows:

• First tranche (Private Offering): 313.5 million shares, representing 95% of the total shares offered for sale and 28.50% of the total issued capital, with a value of EGP 4,341,975,000.
• Second tranche (Public Offering): 16.5 million shares, representing 5% of the total shares offered for sale and 1.50% of the total issued share capital, with a value of EGP 228,525,000.

Shanghai Stock Exchange Holds A Symposium To Discuss The Long-Term Allocation Value Of The SSE 180 ETF Product

Date 04/12/2024

According to STCN, on December 4, SSE organized a symposium to gather opinions and suggestions on promoting the high-quality development of the ETF market and guiding medium- and long-term capital inflows. The meeting also included discussions about the long-term allocation value of the SSE 180 ETF product.

Promoting High-Level Institutional Opening Up Of The Capital Market: Shanghai Stock Exchange Conducts Overseas Exchange And Promotion Activities

Date 04/12/2024

Recently, the Shanghai Stock Exchange led a delegation of representatives from SSE-listed companies to conduct business exchanges and overseas roadshow activities in Germany, Switzerland, and the United Kingdom. Through one-on-one visits with the major foreign financial institutions, hosting centralized roadshow presentations, visiting overseas exchanges, and organizing investment exchange conferences, the stakeholders promoted and introduced the capital market opening-up measures, China Securities Index business, and SSE-listed companies. The ultimate goal was to tell the story of China's capital markets, highlight the investment value of A-shares, and comprehensively demonstrate the vitality and strong momentum of China's economic development.

Monetary Authority Of Singapore Renews Its Successful Partnership With National University Of Singapore On Term Professorship Programme -Visitor Programme For Senior Academics And Industry Practitioners In Economics And Finance To Be Extended For Another Five Years

Date 04/12/2024

The Monetary Authority of Singapore (MAS) has reaffirmed its partnership with the National University of Singapore (NUS) by extending the MAS Term Professorship in Economics and Finance at the University for another five years. With this renewal, the MAS Term Professorship has been broadened beyond its focus on eminent academics in economics and finance to include industry practitioners as well as rising academic stars.