News Centre

DGCX’s Clearing House - Dubai Commodities Clearing Corporation (DCCC) - Receives Renewed Recognition As A Third Country CCP By ESMA

Date 30/03/2022

• Recognition for the wholly owned subsidiary of DGCX emphasizes commitment to compliance with comprehensive set of regulatory requirements by ESMA
• During 2022, DCCC cleared multiple asset classes with a total value of USD 35 Billion

Push Technology Appoints Technology Veteran Grethe Brown As COO - Push Expands C-Level Team As Demand For Event Stream Processing Escalates

Date 30/03/2022

Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, has announced the appointment of Grethe Brown as its new COO. Grethe has extensive, experience in operations, R&D and commercial management for software companies across a variety of industries including Telco, FinTech and Food & Beverage.

GPIF Selects New Japanese Equity ESG Index: FTSE Blossom Japan Sector Relative Index

Date 30/03/2022

• FTSE Russell launches new FTSE Blossom Japan Sector Relative Index, part of the expanded FTSE Blossom Japan Index Series
• Government Pension Investment Fund (GPIF) of Japan, world’s largest pension fund, selects FTSE Blossom Japan Sector Relative Index for its latest ESG passive fund
• New index facilitates ESG integration into the Japanese market as investor demand for ESG reaches nearly universal adoption

EGX Announces The Trading Hours During The Holy Month Of Ramadan

Date 30/03/2022

- Main Market and SMEs Market trading session will be from 10:00 am - 1:30 pm, preceded by a discovery session at 9:30 am.

ITRS Group: Financial Institutions Must Act Now To Avoid Risk Of Noncompliance With FCA’s Operational Resilience Regulations - Leading Software Provider Outlines Best Practice For Firms To Ensure Compliance With Regulator’s Crackdown On Operational Resilience

Date 30/03/2022

The Financial Conduct Authority (FCA)’s long-awaited and highly anticipated regulatory framework on operational resilience for financial institutions come into force this week.

Quant Insight Rolls Out Major Product Update For RETINA™, AI-Powered Real Time Notifications And Alerts - Qi Clients Can Now Access A Whole New Level Of Market Insights With RETINA’s Second-Generation AI-Powered Real Time Notifications And Signals

Date 30/03/2022

Quant Insight (Qi), the ground-breaking macro analytics provider for institutional investors, has rolled out RETINA™ 2.0, which includes major updates, new features, and improved functionality. 

Pyrum Innovations AG New In The Frankfurt Stock Exchange's Scale Segment

Date 30/03/2022

Pyrum Innovations AG (ISIN: DE000A2G8ZX8) has been listed in the segment Scale on the Frankfurt Stock Exchange since today. The shares had an initial listing price of €97.00. The company is already listed on the Oslo Stock Exchange, and its shares are now also tradable on the Frankfurt Stock Exchange through the dual listing.

More Than 90% Of European Fintechs Will Adopt AI-Enabled Risk Decisioning To Combat Fraud, Says Provenir - New Research From Provenir Outlines The Greatest Risk Analysis Challenges, Opportunities, And Trends Fintech Decision-Makers Expect To See In 2022

Date 30/03/2022

Key findings:

• 79% of decision-makers plan to invest in a real-time risk decisioning platform
• Fraud prevention is the biggest driver for investments in AI-enabled risk decisioning (91%)
• Only 22% of respondents believe their organisation’s current risk model is accurate at least 76% of the time

Trading Platform tradesafecryptofx.com: BaFin investigates Trade Safe CryptoFX

Date 30/03/2022

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Trade Safe CryptoFX has not been granted authorisation under the KWG or the German Investment Institutions Act (Wertpapierinstitutsgesetz – WpIG) to conduct banking business or provide financial services. The company is not supervised by BaFin.

TransFICC Secures New Investment of $17 Million Led By AlbionVC

Date 30/03/2022

TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has closed a Series A extension for $17 million. Led by AlbionVC, all existing institutional shareholders took part in this investment round, which follows the original Series A for $7.8 million, announced in April 2020.