News Centre

University Of Central Lancashire, Cyprus Campus (UCLan Cyprus) And CISI Deal Offers Students Competitive Edge In Global Jobs Market

Date 04/03/2021

A Memorandum of Understanding (MoU) has been signed between the University of Central Lancashire Cyprus (UCLan Cyprus) and the Chartered Institute for Securities & Investment (CISI).

Bond Sell-Off Trims FTSE Mondo Visione Index Advance To 1.4.% In February - Index Up By 23.1% Over 12 Months

Date 04/03/2021

Markets experienced a wild ride in the last week of February with global stock markets ending February deep in the red, trimming the FTSE Mondo Visione Exchanges Index's advance this month to 1.4%. The index closed at 74,105.97 points, up from the January close of 73,114.7, but below a new closing all-time high of 78,106.07 set on 19 February 2021.

Better Finance: GameStop Case Highlights Discrimination Of “Retail” Investors In Stock Markets

Date 04/03/2021

In January, the market value of American video game and electronics retailer GameStop, driven by an “army” of “retail” investors, shot up from $1.4 billion to $33.7 billion.  This dramatic increase in stock price caused hedge funds that were shorting GameStop to “suffer” significant losses and accuse retail investors of market manipulation. This standoff between “retail” and professional investors revealed the challenges faced by “retail” investors in equity trading: discrimination and conflicts of interest.

CFTC: The Global Markets Advisory Committee Will Meet On March 11

Date 04/03/2021

The Global Markets Advisory Committee (GMAC) will hold a public meeting on Thursday, March 11, 2021. The meeting will begin at 9:00 a.m. (EST) via teleconference in accordance with the Commodity Futures Trading Commission’s implementation of social distancing due to the coronavirus (COVID-19) pandemic. Commissioner Dawn Stump is the sponsor of the GMAC. 

SEC Issues Over $5 Million To Joint Whistleblowers Located Abroad

Date 04/03/2021

The Securities and Exchange Commission today announced an award of over $5 million to joint whistleblowers whose tip caused the opening of an investigation that resulted in a successful enforcement action. The whistleblowers provided significant information about misconduct abroad that directly supported certain allegations in the enforcement action.

Backbase: APAC Banks Race To Revitalize Innovation Initiatives As The Pandemic Reveals Digital Gaps

Date 04/03/2021

• Digital banks experienced over 300% customer base growth compared to traditional incumbents
• 60% of APAC banks will leverage AI/ML technologies for data-driven decisions
• 44% of the top 250 banks across APAC will work on platforms with componentized modernization and API-enablement.

BIS: Big Data And Machine Learning In Central Banking

Date 04/03/2021

Summary

Focus

The world is changing and so is the way it is measured. For decades, policymakers and the private sector have relied on data released by official statistical institutions to assess the state of the economy. Collecting these data requires substantial effort and publication often happens following a lag of several months, even years. However, the last years have seen explosive growth in the amount of readily available data, as well as in the technology and software used to analyse it. These developments have spurred central banks' interest in big data and machine learning.

Sunday, 7 March 2021, Official Holiday On Qatar Stock Exchange

Date 04/03/2021

Qatar Stock Exchange would like to inform you that Sunday, March 07th, 2021 will be the official holiday for Qatar Stock Exchange, business resumes on Monday, March 08th, 2021.

EEX Group – Monthly Volumes February 2021

Date 04/03/2021

Key figures

TrackInsight Monthly ETF Report: ESG Pushes Global ETF Industry To $8 Trillion

Date 04/03/2021

• ESG ETF assets rise 9% over February to reach the 11th consecutive monthly high
• 7th consecutive record month for ESG ETF flows - $19 Billion added
• Investors Dump Gold, Buy Bitcoin