News Centre

Only A Quarter Of CISI Members Show Interest In Returning To Office Post-Pandemic, Says Financial Services Survey

Date 29/07/2020

Only 25% of CISI members see themselves returning to their offices for the same number of working days as before the Covid-19 pandemic, according to the CISI.

CDC Announces Additional US$75 Million Trade Finance Deal With Absa As Part Of COVID-19 Response

Date 29/07/2020

• Forms a key pillar of CDC’s response to COVID-19
• Brings total trade finance commitments with Absa to US$ 250 million
• Financial backing to support supply chains in vital food & agriculture and healthcare sectors

EGX List Of Securities Allowed For Short Selling (July 2020)

Date 29/07/2020

As per EGX Chairman Decree No.757 for the year 2019 concerning criterion of securities eligible for short selling,

UK Financial Conduct Authority: New Guidance To Help Firms Do More For Vulnerable Consumers

Date 29/07/2020

The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers.

Gresham Announces Acquisition Of Inforalgo To Expand Regulatory Reporting Capabilities - The Cloud-Based Technology Will Allow Customers To Further Optimise Data And Trading Efficiencies

Date 29/07/2020

Gresham Technologies (Gresham), the leading fintech in reconciliations, banking integration and cash management solutions, has today announced the acquisition of Capital Markets data automation specialist, Inforalgo Information Technology Ltd (Inforalgo). 

ARQ Chooses Moneyhub’s Open Finance Data And Intelligence For Deeper Investment Insights

Date 29/07/2020

• ARQ monitors investments and benchmarks users’ performance all in a single app
• Moneyhub’s breadth of Open Banking and Open Finance connections allows ARQ to give users simple and transparent data on their wealth including property.

Japan Exchange Group Overview Of Earnings For Q1 FY2020

Date 29/07/2020

• Operating expenses increased due mainly to increases in system-related expenses. However, this was surpassed by growth in operating revenue associated with an increase in trading of cash equities. As a result, quarterly net income increased by 12.8% year on year.

DGCX Appoints Abdullah Harmoozi As Head Of Outreach & Engagement - Harmoozi Brings Deep Expertise In Markets And Islamic Finance To Lead DGCX’s Outreach Programme

Date 29/07/2020

The Dubai Gold and Commodities Exchange (DGCX) has appointed, Abdullah Harmoozi, as Head of Outreach & Engagement. In his new role, Harmoozi will be responsible for overseeing media outreach, engagement and sales, and will work closely with senior management to effectively communicate the value of DGCX products to current and prospect members.

Caution Weighs On Investor Sentiments With Low Value Deals Dominating APAC VC Funding Landscape In Q2, Finds GlobalData

Date 29/07/2020

Low value deals (investment <=US$10m) dominated the Asia-Pacific venture capital (VC) investment landscape with 67.4% share of the overall volume in the second quarter (Q2) of 2020, according to GlobalData, a leading data and analytics company.

Japan Exchange Group, Inc. And Consolidated Subsidiaries Consolidated Financial Results For The Three Months Ended June 30, 2020 (Based On IFRS), Unaudited

Date 29/07/2020

During the consolidated cumulative first quarter (from April 1, 2020 to June 30, 2020), JPX Group recorded operating revenue of ¥32,666 million (12.4% increase from the same period of the previous fiscal year (i.e., year on year)), and operating expenses were ¥15,235 million (increased 11.7% year on year). As a result, JPX Group recorded operating income of ¥18,365 million (increased 13.0% year on year) and income before income tax of ¥18,414 million (increased 12.3% year on year).