News Centre

Nasdaq Dubai Launches Futures On DFM General Index In Breakthrough For Investors In Middle East Capital Markets - H.E. Essa Kazim And Abdul Wahed Al Fahim Ring Bell To Celebrate Market Opening

Date 18/02/2018

• Share Index contracts offer new way to gain from performance of leading Dubai-listed companies
• Investment and hedging opportunities will suit global and regional institutions and individuals

Cyber Attack On City Union Bank’s SWIFT System

Date 18/02/2018

With reference to the news item appeared in the section of the Press on 17 February 2018 and 18 February 2018 on cyber attack on City Union Bank’s SWIFT system, we would like to inform the following.

Nasdaq Dubai Launches Futures On ADX Share Index To Provide Attractive New Products For International And Regional Investors - Rashed Al Blooshi And Hamed Ali Ring Bell To Celebrate Market Opening

Date 18/02/2018

• Futures will raise global profile of UAE’s equity capital markets  
• Investment, hedging  and leverage opportunities will appeal to individual as well as institutional investors

Nadex Schedule For The President’s Day Holiday On Monday, February 19, 2018

Date 16/02/2018

Nadex will observe the following product specific trading hours for the week of February 19, 2018:

Monday, February 19, 2018: The Exchange will be closed for this trade date.

CFTC Commitments Of Traders Reports Update

Date 16/02/2018

The current reports for the week of  February 13, 2018 are now available.

Federal Reserve Board Seeking To Impose A $487,500 Fine On Former Barclays Bank PLC Employee And Permanently Bar Him From The Banking Industry

Date 16/02/2018

The Federal Reserve Board on Friday announced that it is seeking to permanently bar Peter Little, the former head of the foreign exchange (FX) spot desk at Barclays Bank PLC in New York, from employment in the banking industry and to impose a $487,500 fine on him.

FINRA Warns Investors Of 'Regulator' Imposter Scams - Con Artists Posing As FINRA CEO ‘Guarantee’ Fraudulent Investments

Date 16/02/2018

The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning investors to beware of financial scams in which con artists are posing as regulators to make fraudulent investment pitches.

Ontario Securities Commission Investor Alert: Bitcoin Multi-Level Marketing Scheme

Date 16/02/2018

The Ontario Securities Commission (OSC) is warning investors that USI Tech Limited (USI Tech), Eleanor Parker and Casey Combden are not registered to sell securities in Ontario.

SEC Obtains Bars And Suspensions Against Individuals And Accounting Firm In Shell Factory Scheme

Date 16/02/2018

The Securities and Exchange Commission today announced charges against three Israeli residents, a Washington, D.C. attorney, and an Israeli auditor and his Maryland-based accounting firm for their roles in a fraudulent scheme in the creation of numerous public shell companies.  Under the terms of their settlements with the SEC, the three Israeli residents will be subject to penny stock bars and the attorney and auditor will be prohibited from appearing and practicing before the Commission.

Gaurang Desai Is Stepping Down As CEO Of The DGCX

Date 16/02/2018

Gaurang Desai is stepping down as Chief Executive Officer of the Dubai Gold and Commodities Exchange (DGCX) effective 18th February to pursue the next chapter of his career.