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  • Qatar Stock Exchange And Edaa Qatar Oversee First Onshore Securities Lending & Borrowing Transaction In Qatar

    Date 14/05/2024

    Qatar Stock Exchange and Edaa Qatar as part of their market development efforts, oversaw the first ever onshore securities lending and borrowing transaction in Qatar. HSBC acted as custodian and agent lender for this transaction while QNBFS acted as the borrower.

  • Barclays Bank Goes Live On CLS’s Cross Currency Swaps Service

    Date 14/05/2024

    CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that Barclays Bank has officially gone live on its Cross Currency Swaps (CCS) service.

  • UAE Securities And Commodities Authority And UAE Banks Federation Explore Avenues To Strengthen The UAE’s Financial Sector

    Date 14/05/2024

    Her Excellency Dr. Maryam Butti Al Suwaidi, CEO of the Securities and Commodities Authority (SCA), received His Excellency Abdulaziz Al Ghurair, Chairman of the UAE Banks Federation (UBF), at the SCA’s Dubai office. The two parties explored opportunities for cooperation to pursue shared objectives and promote the regulatory and legislative environment in a move that reiterates their mutual commitment to enhancing the UAE’s attractiveness and bolstering its status as the region’s major business hub. 

  • InvestEngine Hits Half A Billion AUM Milestone, As Demand For ETF Investing Continues To Grow

    Date 14/05/2024

    • Investment platform InvestEngine has smashed through the £500 million AUM barrier, amidst continuing high demand for ETFs among retail investors.
    • The platform, which launched its DIY solution in 2021, brings easy, automated investing to new and experienced investors, offering commission-free investing in more than 620 ETFs from the likes of Vanguard, iShares, Invesco and JPMorgan
    • The company’s latest milestone follows its recent expansion into new product and service areas, including pensions and savings plans.

  • Worldline Partners With Visa To Launch Virtual Card Issuing Solution For Online Travel Agencies

    Date 14/05/2024

    Worldline [Euronext: WLN], a global leader in payment services, today announced a strategic partnership with Visa, a global leader in digital payments, to launch a new virtual card issuing solution. This strategic collaboration marks a pivotal moment, propelling Worldline beyond payment processing and into direct card issuance. The project will focus on the Online Travel Agency (OTA) market due to a high demand for this solution and Worldline’s strong heritage and portfolio in travel. By combining the parties’ acceptance networks and seamless payouts, the virtual card issuing solution will streamline cash flow for OTAs.