News Centre

Al Mawared Successfully Closes Capital Raise For Madfooatcom

Date 28/03/2018

Click here to download Al Mawared Brokerage's latest Flash Note - Al Mawared Successfully Closes Capital Raise for Madfooatcom.

Quant Insight Augments Quantitative Macro Analysis With Predata Geopolitical Predictive Risk Signals - First Of Kind Offering Enables Investors To Anticipate, Holistically View And Prepare For The Risk Of Geopolitical Events And Market Moves To Optimize Their Global Macro Strategies

Date 28/03/2018

Quant Insight, the London-based macro analytics firm, and Predata, the New York-based predictive analytics platform, today announced a new strategic partnership whereby Predata will add its global geopolitical risk signals to Quant Insight’s quantitative macro analyses framework and processes to give institutional investors and traders anticipatory insight to help optimize investments and quantify trades on assets that incorporate political risk.

Dubai Financial Market - Endorsement Of 5% Cash Dividend Equivalent To AED 400 Million: DFM Company Shareholders Approve 2017 Financial Statements - Ratification Of A Special Resolution On Reorganizing The DFM, Establishing Independent Companies For Trading, Clearing And Depository Activities

Date 28/03/2018

The shareholders of Dubai Financial Market Company (PJSC) have approved the Balance Sheet and Income Statement for the financial year ending 31 December 2017, during the Annual General Meeting held on Wednesday, 28 March 2018. The DFM Company shareholders ratified the Board of Director’s report on the company’s performance and its financial position for the fiscal year ending 31 December 2017, the external auditor’s report as well as the Fatwa and Sharia’a Supervisory Board’s report.

Starting On May 1, 2018 – Incentive Program To Encourage Liquidity - As Part Of The Program, Which Is The First Of Its Kind, TASE Will Transfer 30% Of The Revenue Increase In The Trading Volume Of Derivatives To Market Participants That Join The Program - The Program Has Also Been Approved By The Israel Securities Authority

Date 28/03/2018

TASE announced today that the incentive program to encourage Liquidity in TA-35 Index Derivatives will start on May 1, 2018.  The program also been approved by the Israel Securities Authority (ISA). The new incentive program is based on widely used programs that are in operation at the world’s leading derivative exchanges and focuses on the major market participants who contribute to liquidity in TA-35 Index derivative trading.

UK's Financial Conduct Authority Statement On EU Withdrawal Following The March European Council

Date 28/03/2018

The Financial Conduct Authority (FCA) welcomes the agreement reached on the terms of an implementation period that will apply following the UK’s withdrawal from the European Union.

OANDA Exchange API App Now Available On Microsoft Dynamics 365

Date 28/03/2018

A global leader in corporate and consumer foreign exchange solutions, OANDA now offers its OANDA Exchange API application to all Microsoft Dynamics 365 customers. The new app allows customers to easily integrate the OANDA Exchange Rates API with their Microsoft Dynamics 365 instance, giving access to daily average exchange rates for 38,000+ currency pairs, over 200 currencies, commodities, and precious metals, as well as exchange rates sourced from 25 central banks, and historical currency data back to 1990.

INDATA To Offer Post-trade Capabilities With ULLINK - Embedded ULLINK Technology Will Optimise Post-Trade Workflows For INDATA iPM OMS Clients

Date 28/03/2018

ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, and INDATA, a leading provider software technology and services for buy-side firms including trade order management, compliance and portfolio accounting software and front-to-back office services, today announced the extension of their partnership to cover post-trade services for INDATA’s clients.

HKFE Announces Margins For New Futures Contracts - Margin Rates And Update Of PC-SPAN Organisation Master File For New Stock Futures Contracts

Date 28/03/2018

Reference is made to the circular (Ref: MKD/EQD/09/18) dated 6 March 2018 regarding the introduction of new stock futures contracts on 9 April 2018.  Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Monday, 9 April 2018, the margin levels of new stock futures contracts shall be as follows:

Solactive: The Hidden Costs Paid By Investors While Passively Tracking A Benchmark Index

Date 28/03/2018

Today, Solactive AG published a new research paper analyzing the additional cost paid by investors in order to passively track a benchmark. The selection of an index as a benchmark has been tied to the cheap cost to reference it; however, in this research paper, Solactive AG quantifies the additional turnover costs that investors implicitly pay due to arbitrage activity - days before a transparent rebalancing takes place when many assets are tracking the index.  In most cases, it turns out that the additional turnover costs can be as high as the price to track the index.

HKFE Announces Revised Margins For Futures Contracts

Date 28/03/2018

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 3 April 2018, the margin levels of the following Futures Contracts shall be as follows: