News Centre

EGX: Prophet Mohamed's Birthday Holiday For 2024

Date 10/09/2024

 It was decided that Sunday 15th of September 2024 an official holiday for Prophet Mohamed's Birthday at EGX, trading will be resumed effective Monday 16th of September 2024.

Inaugural Dubai AI And Web3 Festival Kicks Off Tomorrow, Aiming To Consolidate The Emirate’s Position As A Global Leader In Harnessing The Transformational Power Of AI

Date 10/09/2024

• Event envisioned to emerge as one of the world’s largest AI showcases by 2027, enabling digital economies and powering innovation
• More than 6,000 delegates, 500 investors and 100 exhibitors from over 100 countries expected to attend

SET Market Report For August 2024

Date 10/09/2024

Federal Reserve (Fed) Chair Jerome Powell, speaking at the annual Jackson Hole Economic Symposium, expressed confidence that inflation is within reach of the U.S. central bank's 2 percent target, with rate cuts on the horizon. Powell's speech has shaped market expectations for the first rate cut at the Fed's September meeting. As a result, capital flows are likely to shift towards equities and bonds in emerging markets with strong fundamentals, and a correction on Wall Street appears increasingly imminent following the recent upsurge.

Monetary Authority Of Singapore Reprimands Mr Tan Chuan Lam For Failing To Discharge His Duty And Function As Chief Executive Officer And Director

Date 10/09/2024

The Monetary Authority of Singapore (MAS) has reprimanded Mr Tan Chuan Lam, the Chief Executive Officer (CEO) and a director of the formerly registered insurance broker, Acesynergy Brokers Pte. Ltd. (ABPL), for breaches committed by ABPL under the Insurance Act.

Circular Of Shanghai International Energy Exchange On Trading Adjustments For The Mid-Autumn Festival 2024

Date 10/09/2024

Shanghai International Energy Exchange has released its Circular on Trading Adjustments for the Mid-Autumn Festival 2024 as follows:

In accordance with the Trading Schedule during National Holidays for Year 2024, Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies the trading adjustments for the Mid-Autumn Festival 2024 as follows:

1. The market will be closed from 3:00 p.m. of September 13, 2024 to September 17, 2024.

The market will resume trading on September 18, 2024 with the central auction session from 8:55 a.m. to 9:00 a.m. and the continuous trading on the night of that day.

Notice On Adjustments To Margins And Price Limits Of Zhengzhou Commodity Exchange Products During 2024 Mid-Autumn Festival Holidays

Date 10/09/2024

According to Article 8 of the Risk Control Rules of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:

Dalian Commodity Exchange: Notice On Strengthening Risk Management During 2024 Mid-Autumn Festival Holiday

Date 10/09/2024

The price limits and trading margins of all products on Dalian Commodity Exchange will remain unchanged during 2024 Mid-Autumn Festival Holiday. All members are required to send risk alerts to the clients and intensify the prevention of market risks, so as to ensure the smooth market operation.

Zhengzhou Commodity Exchange: Notice On Adjustments To Transaction Fees For Some Futures Contracts

Date 10/09/2024

According to Article 27 of the Futures Clearing Rules of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange(ZCE) has decided upon discussion that starting from the night trading session on September 11, 2024, the transaction fees and intra-day transaction fees for RM2411, RM2501, OI2411, OI2501 will be adjusted to 5 Yuan per lot and 5 Yuan per lot respectively.

ASIC Calls On Product Issuers To Review Distribution Practices For DDO Compliance

Date 10/09/2024

ASIC is calling on product issuers to ensure distribution practices are up to scratch, pointing to flawed consumer questionnaires being the catalyst for some recent interim stop orders.

New Zealand Financial Markets Authority: Understanding Artificial Intelligence In Financial Services

Date 10/09/2024

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has today published research on the use of Artificial Intelligence (AI) in New Zealand’s financial services sector.