News Centre

EGX: Resumption Of Trading Tomorrow At Normal Trading Hours

Date 12/06/2023

EGX solved the unexpected technical issues that occurred during today’s trading session.

UBS And Credit Suisse Operations In Singapore To Continue Without Interruption Following Legal Completion Of Takeover

Date 12/06/2023

The Monetary Authority of Singapore (MAS) said today that the day-to-day operations of the Singapore entities of UBS Group AG (UBS) and Credit Suisse Group AG (CS) will not be interrupted by the legal completion of the takeover.

China Securities Regulatory Commission And Hong Kong Securities And Futures Commission Hold High-Level Meeting In Hong Kong

Date 12/06/2023

The China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) today held the 13th high-level meeting on regulatory cooperation in Hong Kong.  

A Delegation From Middle East University Visits The Amman Stock Exchange

Date 12/06/2023

On Thursday 08/06/2023, the Amman Stock Exchange (ASE) hosted a delegation of students from the Department of Financial and Accounting Sciences/ Faculty of Business at the Middle East University (MEU). This visit was organized to familiarize the students with the operations of the ASE, the trading mechanism, and the key features of the electronic trading system adopted by the ASE.

8th Consecutive Week Of Outflows, Altcoins Faring Better This Year - CoinShares: Fund Flows

Date 12/06/2023

• Digital asset investment products saw outflows totalling US$88m, bringing this 8-week run of outflows to US$417m. We believe that this is monetary policy related, with currently no clear end in sight to interest rate rises, leaving investors cautious.
• Ethereum saw outflows of US$36m, the largest single week of outflows since the Merge.
• Altcoins have seen inflows year-to-date, in stark contrast to Bitcoin and Ethereum.

The Amman Stock Exchange Issued The Introductory Guide On The Investor Relations Department

Date 12/06/2023

The Amman Stock Exchange (ASE) issued an introductory guide on investor relations management, with the aim of raising the awareness and education of listed companies on the concept of investor relations management and the benefits accruing to them and to all relevant parties, behind the establishment of such a department or unit in the company since investor relations play an important and vital role in opening effective channels of communication with financial analysts, investors, media representatives, shareholders and others, and transmitting the information of the market to the company’s board of directors and executive management, which leads to consolidating the relationship with current and potential investors and enhancing the attractiveness and competitiveness of these companies, as well as reducing negative rumors that lead to disruption, confusion in the market and fluctuations in prices and trading volume.

Nasdaq Accelerates Its Transformation As A Leading Technology Provider To The Global Financial System With The Acquisition Of Adenza From Thoma Bravo

Date 12/06/2023

• Acquisition of premium software and technology company expands Nasdaq’s liquidity and integrity platforms with leading risk management, regulatory, and capital markets software and technology solutions
• Delivers high-growth, high-margin, recurring revenue, increasing Nasdaq’s Solutions Businesses’ medium-term organic revenue growth outlook by 100 basis points to 8-11%
• Brings a loyal and growing client base with 98% gross and 115% net revenue retention and increases Nasdaq’s Solutions Businesses to 77% of total revenue, from 71% today
• Adds a $10 billion serviceable addressable market (SAM), growing 8% per year, increasing Nasdaq’s SAM by approximately 40% to $34 billion

Professional Bodies Are Helping To Close Financial Services Sector Skills Gap To Build A Profession Fit For The Future, Says CISI CEO

Date 12/06/2023

Professional bodies can play a leading role in preparing the financial services sector for key future skills demands, says Tracy Vegro, CISI CEO.

Euromonitor Global Risk Index Warns Of Stagflation In UK, US And Eurozone

Date 12/06/2023

• Simultaneous slowdowns and high inflation biggest risks to world's largest economies
• Danger of permanently higher commodity prices because of supply disruptions
• Chinese hard landing and worsening trade war between US and China also risk factors

Bursa Malaysia Expands “Approved Securities” Criteria To Boost Market Vibrancy

Date 12/06/2023

Bursa Malaysia Berhad ("Bursa Malaysia" or the "Exchange") has expanded its criteria for Approved Securities by reducing the daily market capitalisation requirement from RM500 million to RM200 million, effective today.