News Centre

EGX Launches The Third Edition Of EGX For Development Conference In Qena And Luxor To Help Companies Grow

Date 06/06/2022

The 3rd edition of The Egyptian Exchange’s (EGX) promotional conference “EGX for Development” was conducted in Qena today. It will be followed by a day in Luxor tomorrow. The event is under the auspices of the Egyptian Prime Minister Dr. Mustafa Madbouli, in cooperation with the leaders and officials of the provinces of Qena and Luxor.The conference comes within EGX’s keenness to support Egyptian businesses to achieve their objectives of economic and social development, by supporting these companies, especially small and medium-sized ones, to reach financing through the Egyptian capital market.

DGCX Trades Total Value Of USD 12.72 Billion During May

Date 06/06/2022

The Dubai Gold and Commodities Exchange, the region’s largest commodities exchange in the UAE, today announced that is registered a monthly Average Open Interest (AOI) of 116,929 contracts for the month of May. Following recent trends, the DGCX’s precious metals portfolio as well as G6 currencies contracts, continued to lead trading activity on the exchange.

HKEX: Re-Appointment Of Chairman Approved

Date 06/06/2022

Reference is made to the announcement of Hong Kong Exchanges and Clearing Limited (“HKEX”) dated 27 April 2022 in relation to the re-appointment of Mrs Laura May-Lung Cha (“Mrs Cha”) as the Chairman of the Board of Directors of HKEX (“Chairman”).

Zelig Advises CAST On Contemplated Acquisition By Bridgepoint Development Capital

Date 06/06/2022

Monetary Authority Of Singapore Strengthens Financial Institutions Business Continuity To Address Evolving Threats

Date 06/06/2022

The Monetary Authority of Singapore (MAS) today issued revised Guidelines  on Business Continuity Management (BCM) for financial institutions (FIs), to help FIs strengthen their resilience against service disruptions arising from IT outages, pandemic outbreaks, cyber-attacks and physical threats. The revisions take into account learnings from the handling of the COVID-19 pandemic and increased digitalisation in the financial sector.

Hong Kong Securities And Futures Commission Reminds Investors Of Risks Associated With Non-Fungible Tokens

Date 06/06/2022

The Securities and Futures Commission (SFC) wishes to remind investors of the risks associated with investing in non-fungible tokens (NFTs), which have increased in popularity in recent years.

SET Market Report For May 2022

Date 06/06/2022

Spiraling inflation concerns compel several central banks to become more hawkish to control inflation as China’s economy slows down grappled by the stringent lockdown measures to contain the COVID-19 pandemic, particularly in Shanghai. The double whammy deepens global recession risk, resulting in correction in multiple asset classes across the world. However, analysts from several institutions started to be optimistic that global inflation is just shy of its peak and set to be tamed  in the near future, while China’s Purchasing Managers Index (PMI) turned to expand in May and the mainland lockdown measures tend to be relaxed in June following the decline in infections. These factors suggest possibilities of investment returns to stock markets, signaling by foreign investors flocking to ASEAN stock markets.

Torstone Technology Expands Japanese Business With New Senior Hire

Date 06/06/2022

Torstone Technology, a leading global SaaS platform for post-trade securities and derivatives processing and risk management, announced today the appointment of Yasuaki Hayashi as Senior Japan Representative, marking the continued expansion of its Tokyo office as the firm grows in Asia.

Trust Payments Expands Fiserv Relationship To Enable Long-Term Growth - Multi-Year Agreement Extends Existing Relationship And Adds Robust Acquiring-As-A-Service Capabilities

Date 06/06/2022

London-based Trust Payments, a disruptive leader in fintech specialising in frictionless payments and value-added services, is expanding its existing relationship with Fiserv to support the company’s ambitious growth and worldwide expansion plans. The new long-term agreement builds on the companies’ successful collaboration since 2012 and will allow Trust Payments to provide its clients with on-demand payment capabilities, enabled by acquiring-as-a-service (AqaaS) capabilities from Fiserv.

ADDX Is First Singapore Financial Institution To Recognise Crypto Assets Of Accredited Investors - Amid Rising Crypto Ownership, The Move Expands The Universe Of Individuals Who Can Invest In Private Market Products

Date 06/06/2022

Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purposes of onboarding accredited investors.