News Centre

Dr. Mohamed Farid, Executive Chairman Of The Egyptian Exchange Participates In The Virtual Conference “Central Banks Support To Financial Markets In The Coronavirus Pandemic”

Date 03/09/2020

Dr. Mohamed Farid, Chairman of the Arab Federation of Exchanges (AFE) and Executive Chairman of The Egyptian Exchange (EGX), participated in the virtual conference of the Union of Arab Banks (UAB) & The Arab Federation of Exchanges (AFE) entitled "Central Banks Support to Financial Markets in the Coronavirus Pandemic”.  The conference deliberates means of cooperation between participating parties to enhance stability of trading in Arab capital markets.

Businesses Predicting Multi-Million (£) Returns From Open Banking Investment, Aiding COVID Rebuild

Date 03/09/2020

• Open banking generates up to £5million per year in additional value for large businesses in the UK and Netherlands 
• Many businesses held back by misconceptions around open banking and data privacy 
• Study of 1,000 senior professionals from banks, lenders, personal finance management tools (PFMs) and retailers, in the UK and Netherlands 

State Street Global Advisors Launches SPDR MSCI World Value UCITS ETF

Date 03/09/2020

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR MSCI World Value UCITS ETF.The fund’s investment objective is to track the performance of global developed market equities with a higher weighting applied to equities exhibiting low valuation characteristics.

Binance Joins Blockchain For Europe - The World’s Largest Crypto Exchange Assumes A Seat On The Association’s Board Alongside Fetch.ai, Ripple, Block.one, And Blockseed Ventures

Date 03/09/2020

Binance, the global blockchain company behind the world’s largest cryptocurrency exchange, today announced it is joining Blockchain for Europe, the European membership association representing international blockchain industry participants at the EU-level.

Emmanuel Faure Joins Horizon To Accelerate APAC Expansion

Date 03/09/2020

Horizon Software (Horizon), the world’s leading SaaS provider of electronic trading solutions and algorithmic technology, announced the appointment of Emmanuel Faure as Head of Sales APAC to support its rapid growth in the region. Emmanuel brings exceptional experience and leadership, having worked as a Managing Director and Head of Business Development in the financial industry in Asia for over 20 years.

Swedish Export Credit Corporation Partners With FIS To Digitalize Its Commercial Lending Platform

Date 03/09/2020

Nasdaq Launches Mini Futures On OMXS30 To Increase Access To Benchmark Index Trading - New OMXS30-Based Mini Futures Offer Liquid And Accessible Contracts To The Most Traded Benchmark Index In The Nordic Region

Date 03/09/2020

Nasdaq (Nasdaq: NDAQ) today announced that Mini OMXS30 Futures, providing higher accessibility to the listed futures market for all investors, are available for trading starting today. The contracts are based on OMXS30, Nasdaq’s leading European index containing the 30 most actively traded stocks on Nasdaq Stockholm, including companies such as Volvo, Investor, Ericsson and AstraZeneca.

Monetary Authority Of Singapore Enhances Access To Liquidity Facilities To Strengthen Banking Sector Resilience

Date 03/09/2020

The Monetary Authority of Singapore (MAS) today announced measures to enhance the banking system’s access to Singapore dollar (SGD) and US dollar (USD) funding. The new measures will strengthen banking sector resilience, promote more stable SGD and USD funding conditions, and support credit intermediation amid continued economic headwinds from the COVID-19 pandemic.

Updated - G20: Efforts On Governance Issues In Decentralized Financial Systems "BGIN" - New Global Network

Date 03/09/2020

Overview
A Decentralized financial system underpinned by blockchain could attain full P2P (Peer to Peer) financial transactions without intermediaries. While such systems can offer a variety of opportunities and benefits, they could also undermine the ability to enforce existing regulations.

Statement By Federal Reserve Board Chair Jerome H. Powell On The Passing Of Thomas Laubach, Director Of The Division Of Monetary Affairs

Date 03/09/2020

I will miss Thomas as both a colleague and a friend. He was a world-class economist, committed to public service and universally respected for his significant contributions to the theory and practice of monetary policy. His expertise, intellect, and good judgment were peerless. His many friends and colleagues will miss not only his nimble, creative mind, but also his unfailing kindness, collegiality and equanimity. My colleagues and I extend our deepest sympathies to his family.