News Centre

Periodic Review For The BIST-KYD Corporate Eurobond Indices For The Period October-December 2019 Has Been Finalized

Date 26/09/2019

In accordance with the article 3.3. of BIST-KYD Indices Ground Rules, periodic review for the BIST-KYD Corporate Eurobond Indices for the period October-December 2019 (October 1, 2019 – December 31, 2019) has been finalized. There is no Eurobond to be included in or excluded from the BIST-KYD Corporate Eurobond USD and BIST-KYD Corporate Eurobond USD (TRY) Indices and they will continue to be calculated with the same list of constituents in the period October-December 2019.

EGX Chairman Participates In “Future Of Investment In Egypt” Conference

Date 26/09/2019

Mohamed Farid, EGX Chairman, participated in the Egyptian Businessmen Association (EBA) Egyptian Junior Businessmen Association (EJB) & Alexandrian Businessmen Association (ABA) conference "Future of Investment in Egypt, Vision of the Business Community", in the presence of the Ministers of Finance, Trade and Industry and a number of businessmen.
 

Borsa İstanbul Announces Constituent Changes To The BIST-KYD Fund Indices For The Fourth Quarter Of 2019

Date 26/09/2019

Referring to article 3.3. of the BIST-KYD Indices Ground Rules, constituent changes to the BIST-KYD Fixed Income Fund Index and BIST-KYD Equity Fund Index for the fourth quarter of 2019 are determined. All changes will be effective on October 1, 2019.

The Federal Reserve’s Review Of Its Monetary Policy Strategy, Tools, And Communication Practices, Federal Reserve Vice Chair Richard H. Clarida, At “A Hot Economy: Sustainability And Trade-Offs,” A Fed Listens Event Sponsored By The Federal Reserve Bank Of San Francisco, San Francisco, California

Date 26/09/2019

I am delighted to be in San Francisco today to participate in this Fed Listens conference, "A Hot Economy: Sustainability and Trade-Offs," which is one of a series of events associated with the Federal Reserve's 2019 review of our monetary policy strategy, tools, and communication practices.

SEC Adopts New Rule To Modernize Regulation Of Exchange-Traded Funds

Date 26/09/2019

The Securities and Exchange Commission today announced that is has voted to adopt a new rule and form amendments that are designed to modernize the regulation of exchange-traded funds (ETFs), by establishing a clear and consistent framework for the vast majority of ETFs operating today.  The adoption will facilitate greater competition and innovation in the ETF marketplace, leading to more choice for investors.  It also will allow ETFs to come to market more quickly without the time or expense of applying for individual exemptive relief.  In addition, the Commission voted to issue an exemptive order that further harmonizes related relief for broker-dealers.

Moscow Exchange: Final Settlement Price Determined For MOEX USD/INR FX Futures Contract

Date 26/09/2019

On 26 September 2019, Moscow Exchange determined the final settlement price for the USD/INR FX futures contract:

• UINR-9.19 – 70.9021 (Indian rupees for one US dollar)

SEC Adopts New Rule To Allow All Issuers To “Test-The-Waters”

Date 26/09/2019

The Securities and Exchange Commission today announced that it has voted to adopt a new rule that extends a “test-the-waters” accommodation—currently a tool available to emerging growth companies or “EGCs”—to all issuers.  Under the new rule, all issuers will be allowed to gauge market interest in a possible initial public offering or other registered securities offering through discussions with certain institutional investors prior to, or following, the filing of a registration statement. 

IMF Joins Global Network Of Central Banks And Supervisors As An Observer, Aiming To ‘Green The Financial System

Date 26/09/2019

The International Monetary Fund (IMF) has joined the Paris-based Network for Greening the Financial System (NGFS) as an Observer. The NGFS is the only forum worldwide bringing together central banks and supervisors committed to understanding and managing the financial risks and opportunities associated with climate change.

Taking Significant Steps To Modernize Our Regulatory Framework, SEC Chairman Jay Clayton, Sept. 26, 2019

Date 26/09/2019

Today, the Commission announced three important rulemakings. 

• Modernizing the Approval Framework for ETFs.  We adopted a new rule that (1) sets forth a clear and consistent framework that will allow exchange-traded funds (“ETFs”) meeting certain standardized conditions to come to market without obtaining an individualized exemptive order, and (2) amends certain forms to enhance disclosures for investors.
• Expanding “Testing-the-Waters” Communications to All Issuers.  We adopted a new rule that will extend to all issuers the flexibility provided by the JOBS Act to communicate with institutional investors about potential IPOs and other registered offerings to better gauge market interest.
• Enhancing Regulation in the OTC Markets.  We proposed amendments to rules governing the publication of quotations for over-the-counter (“OTC”) securities designed to better protect investors from fraud and manipulation, while at the same time facilitating more efficient OTC trading in certain well-capitalized issuers.

Toronto Stock Exchange Introduces The TSX30 - Canada's Premier Equities Marketplace Launches New Program To Showcase Top Performing Companies, TSX To Host Market Open Ceremony September 27

Date 26/09/2019

Toronto Stock Exchange (TSX) today announced the inaugural TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The list of 2019 winners features both newer and established listed companies across a wide range of sectors and serves to highlight the power and diversity of investment opportunities in Canada's world class marketplace.