News Centre

Proprietary Phonetic Fingerprint Technology To Fight Money Laundering Launches In The UK

Date 03/04/2019

• FinCom.Co enters UK market with a place on London Stock Exchange Groups Issuer Services Marketplace.
• World’s first fully automated Anti-Money Laundering (AML) technology ensures compliance with regulations and comprehensively searches sanction databases across 25 languages.
• Provides real-time results and reduces false-positive results by 90 per cent, while boosting AML efficiencies.

BSE, India INX Becomes The First Indian Exchanges To Sign An MoU With Moscow Exchange

Date 03/04/2019

Collaborates together to assist in the maintenance of orderly securities markets in India and RussiaMumbai,XX: BSE, India’s premier exchange and the world’s fastest Stock Exchange with a speed of 6 microseconds and The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) , has signed a memorandum of understanding (MoU) with Moscow Exchange (MOEX) with an aim of connecting the investors’ community and companies in both countries and allowing a capital formation platform on a larger scale. BSE and India INX are the first Indian Exchanges to enter into the MoU with Moscow exchange.The memorandum of understanding has been signed between the parties on April 3, 2019 in Moscow. The signing ceremony with Shri Ashishkumar Chauhan, MD & CEO, BSE, and Alexander Afanasiev, CEO of MOEX, took place as part of the annual Exchange Forum in Moscow. Speaking on the occasion Shri Ashishkumar Chauhan, MD & CEO, BSE, said "BSE, India Inx and MOEX are collaborating together to facilitate the development of channels of communication. We strongly believe together we would foster a continuing relationship for the benefit of the financial services industry in India and in Russia".

SET Market Report For March 2019

Date 03/04/2019

The Stock Exchange of Thailand (SET) Index at the end of March rose 4.8 percent from end-2018 to 1,638.65 points, in tandem with other Asian bourses. The average daily trading value of SET and Market for Alternative Investment (mai) in March amounted to THB 41.83 billion (approx. USD 1.31 billion), down 10.5 percent from the previous month. Local institutional and retail investors were the net buyers in March.

LYFT Me Up! For The First Time, BCS Global Markets Allows Russian Investors To Invest In U.S. Unicorn - BCS Global Markets Clients Were Able To Participate In LYFT’s IPO, Which Was Valued At $21 Billion

Date 03/04/2019

Initial Public Offering (IPO) of LYFT, a U.S. ride-sharing service, is the first major debut placement of a unicorn company (capitalization over USD 1 bn) this year, with a market capitalization at $21 billion.

Systematic Investment Management AG (SIMAG) Selects TORA’s Integrated Trading And Portfolio Management System - TORA Gains Further Traction In Europe As SIMAG Investment Funds Seeks More Enhanced Straight-Through Processing Between Trading And Portfolio Management Functions

Date 03/04/2019

Institutional trading and portfolio management systems provider TORA has today announced the successful implementation of its Order and Execution Management System (OEMS) and Portfolio Management System (PMS) at Systematic Investment Management AG (SIMAG) based in Zurich.  

aixigo And Synpulse Agree On Strategic Partnership

Date 03/04/2019

aixigo, one of the largest independent international software providers for financial institutions, and Synpulse, the global management consultancy headquartered in Switzerland, have signed a strategic partnership agreement.

ESMA Launches Third EU-Wide CCP Stress Test Exercise

Date 03/04/2019

The European Securities and Markets Authority (ESMA) has today published the framework for its third EU-wide Central Counterparties (CCPs) stress test, marking the launch of its latest CCP stress test exercise. ESMA, as mandated under the European Markets Infrastructure Regulation (EMIR), initiates and coordinates this exercise to assess the resilience and safety of European CCPs to adverse market developments and to identify any potential shortcomings.

Dubai Financial Market’s Business Excellence Journey Reaches New Height Grabbing The Dubai Quality Award For The Financial Sector

Date 03/04/2019

• H.E. Essa Kazim: “The DQA has been playing a pivotal role in promoting best practices of quality and winning the award from the first application, underlines DFM’s business excellence throughout its momentous history”

Nasdaq Dubai Welcomes Listing Of USD One Billion Sukuk By Emirate Of Sharjah

Date 03/04/2019

Nasdaq Dubai today welcomed the listing of a one billion US dollar Sukuk issued by the Emirate of Sharjah.

European Council, Council Of The European Union: Visa Free Travel After Brexit: Council And European Parliament Reach Agreement

Date 03/04/2019

The Council and the European Parliament have agreed that, following Brexit, UK citizens coming to the Schengen area for a short stay (90 days in any 180 days) should be granted visa free travel.This agreement was confirmed yesterday by EU ambassadors on behalf of the Council and by the European Parliament Civil Liberties, Justice and Home Affairs committee today. The text now needs to be formally adopted by the European Parliament and the Council.