News Centre

Confisio & Traiana Collaborate For EMIR Reporting Solution

Date 30/01/2014

Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces that it has entered into a strategic alliance with Confisio Managed Services Ltd, a premier supplier of customized turnkey solutions to the financial services industry. Traiana and Confisio will together provide a middleware trade reporting solution to Confisio clients in Cyprus ahead of the impending 12 February European Market Infrastructure Regulation (EMIR) deadline. 

Dubai Financial Market (DFM) Company Net Profit Rises 709% To AED 284.6 Million In 2013 - The Board Proposes 5% Cash Dividend

Date 30/01/2014

Essa Kazim:

• New starting point for DFM with the restoration of usual trading rhythm and the strong return of local and foreign investors
• Key developments of 2013 included; the implementation of (Buyer Cash Compensation), preparation of (Securities Lending and Borrowing) rules and the expansion in providing (Margin Trading) and (DMA)
• DFM further expanded its electronic solutions and smart phone applications inspired by the vision of HH Sheikh Mohammed bin Rashid Al Maktoum
• DFM’s active participation in Dubai’s efforts towards becoming the capital of Islamic economy helped to increase the value of listed Sukuk on Dubai markets by 44.5% to AED 48.8 billion by the end of 2013

Clearstream And NSD Have Opened Russian Corporate Bond Market To International Investors - Russian Corporate Bond Settlement Opened By Clearstream On 30 January 2014 - Clearstream To Help Establish Russian Market Linkage Between ICSDs To Boost Liquidity -New Russian Equities Service By Clearstream As Next Step

Date 30/01/2014

Clearstream opens up settlement to Russian corporate bonds today via its direct link to the Russian CSD, the National Settlement Depository (NSD). In addition, Clearstream will work with its international central securities depository (ICSD) counterpart to ensure an effective linkage – known as the Bridge – between the two ICSDs. The Bridge enables customers to easily settle transactions between accounts at the two ICSDs and will thus help increase liquidity flow in the Russian market. 

UK's Financial Conduct Authority: New Rules Proposed For Sponsors To Enhance Listing Regime

Date 30/01/2014

• Proposed new rules to ensure sponsors – typically investment banks and corporate finance specialists who assist issuers by advising them on their listing obligations – have the right skills, knowledge and expertise were published today by the Financial Conduct Authority (FCA) for consultation. 

Dubai International Financial Centre (DIFC): His Highness Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum Meets With CEO Of Credit Agricole

Date 30/01/2014

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of Dubai International Financial Centre (DIFC), welcomed Jean Paul Chifflet, Chief Executive Officer of Credit Agricole, during a meeting with high level representatives of  of Credit Agricole which is based in the DIFC.

Mondoalternative: Italian Fund Selectors Survey

Date 30/01/2014

The first survey conducted by the Research department of MondoAlternative considered 53 fund selectors managing, or with assets under advisory, over EUR 480 billion: of which EUR 268.1 billion are managed by asset management companies, EUR 66.4 billion refers to family offices and financial intermediaries (SIM), while EUR 81.8 billion refers to private bankers and wealth managers.

Financial Benchmarks: EDHEC-Risk Institute Welcomes Vote Delay, Calls For Transparency

Date 30/01/2014

• EDHEC-Risk Institute welcomes delay of European Parliament vote on the regulation of financial benchmarks and calls for high and uniform standards of transparency to allow investors to make informed decisions and promote integrity, competition and innovation in the indexing industry

SWIFT Institute Announces Research Agenda For 2014 - Research Will Focus On Standards, Big Data, Network Liquidity Effects And The Unit Cost Of Financial Services

Date 30/01/2014

The SWIFT Institute will publish a series of research papers in 2014 focusing on key challenges facing the global financial community.   Research topics include financial data standards, macroprudential oversight, the unsecured interbank lending market, network liquidity effects, the unit cost of financial services, regulatory compliance and gender diversity in financial services. The research is conducted by academics and senior professionals from across the industry and will be available at http://www.swiftinstitute.org/papers/.

Vienna Stock Exchange And Kazakhstan Stock Exchange Intensify Cooperation – Joint Data Vending Agreed

Date 30/01/2014

The Vienna Stock Exchange has signed an agreement with the first Asian partner – Kazakhstan Stock Exchange (KASE) for cooperation in market data vending. In the future, data vendors, so-called financial information providers, may obtain price data from Kazakhstan in the accustomed quality via the Vienna Stock Exchange's data feed. This move expands the successful collaboration with the Kazakhstan Stock Exchange to a new business area. Since January 2013, the Vienna Stock Exchange has been calculating the KTX Local index, which consists of the eight most actively-traded companies and is disseminated daily in real time. 

Thai Bourse Launches Investment Center In Eastern Region

Date 30/01/2014

The Stock Exchange of Thailand (SET) today launches its seventh financial and investment information center, called a “SET Investment Center (SET IC)”, conveniently located in Kasetsart University’s Si Racha campus, reaching out to provide extensive information to students, investors, securities professionals and the general public in Chonburi and neighboring provinces on the eastern seaboard.