News Centre

SEC Charges Former Head Traders At Nomura With Fraud

Date 15/05/2017

The Securities and Exchange Commission today charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. with deliberately lying to customers in order to inflate the profits of the CMBS desk and line their own pockets as a result.

Accelerated Bookbuild Offering Of Up To 93Mmillion Shares In UBS Group AG By GIC Private Limited

Date 15/05/2017

UBS Group AG (UBSG), has been informed by GIC Private Limited that it intends to sell up to 93,000,000 existing shares in UBS Group AG, equivalent to 2.4% of the outstanding shares and voting rights in UBS Group AG through an accelerated bookbuild offering to institutional investors (the “Transaction”).

FSB Regional Consultative Group For The MENA Discusses Regional Vulnerabilities, Banking Supervision Issues And Correspondent Banking

Date 15/05/2017

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) met in Abu Dhabi today at a meeting hosted by the Central Bank of the United Arab Emirates.

Hong Kong's Securities And Futures Commission Issues Guidance On Corporate Transactions And The Use Of Valuations

Date 15/05/2017

The Securities and Futures Commission (SFC) today issued a guidance note on directors' duties and a circular to financial advisers regarding valuations in corporate transactions together with a statement on the liability of valuers for disclosure of false or misleading information.

Tradeweb APA Secures Further Commitment From Leading Financial Firms - BNP Paribas, Credit Suisse, Morgan Stanley And Societe Generale Among Latest Banks Selecting Enhanced Tradeweb APA Services For MiFID II Reporting

Date 15/05/2017

Tradeweb Markets, a leading global provider of fixed income, derivatives and ETF marketplaces, announced that BNP Paribas, Credit Suisse, Morgan Stanley and Societe Generale are among the latest clients to join Deutsche Bank, Goldman Sachs and J.P. Morgan in selecting its Approved Publication Arrangement (APA) service. The Tradeweb APA allows firms to meet pre- and post-trade transparency requirements across all instruments under the Markets in Financial Instruments Directive II (MiFID II).

Nigerian Stock Exchange Set To Host Inaugural Real Estate Investment Trust (REIT) Conference

Date 15/05/2017

The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce that it will host the maiden edition  of its Real Estate Investment (REIT) Conference on Tuesday May 23, 2017 at the NSE Event Centre, Stock Exchange House 2/4, Customs Street, Marina, Lagos.

Al Mawared Amman Stock Exchange Weekly Report - 15 May 2017

Date 15/05/2017

ASE extends losing streak

• Jordanian stocks continued to shed more points this week extending their losing streak into the 6th week in a row. The ASE General Index closed Thursday’s session at 2158.9 points, down by 0.16%, despite a 12.3% WoW increase in average daily trading values. Heavyweights Arab Bank (ARBK, -1.1%), The Housing Bank (THBK, -1.33%), Cairo Amman Bank (CABK, -7.6%), and Jordan Petroleum Refinery (JOPT, -2.44%) weighed on the market while industrial bluechips Arab Potash (APOT) and Al-Eqbal Investment Company (EICO) helped partly offset broader market losses after advancing by 4.10% and 4.12% respectively. 
• On the sectoral front, all sector indices closed the week in red except for the insurance (+0.01%), real estate (+0.57%), & industrial (+1.38%) sectors with the diversified financial services sector recording the biggest loss of 1.83% WTD.

New DTCC White Paper Concludes That Cloud Computing Has Moved Past A Tipping Point Of Maturity - DTCC To Evaluate Opportunities To Strategically Expand The Use Of The Cloud More Broadly Across Its External Services And Applications

Date 15/05/2017

DTCC to evaluate opportunities to strategically expand the use of the cloud more broadly across its external services and applications

FlexTrade Launches FlexAlgoWheel - Next Generation, Intuitive Interface For Systematic Selection Of Algorithms To Optimize Best Execution

Date 15/05/2017

FlexTrade (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced the rollout of FlexAlgoWheel, the next generation, data-driven interface to algo selection that incorporates real-time internal and external inputs as well as TCA to optimize the broker and algo selection process.

NovitasFTCL Advised The Shareholders Of Twigkit On Its Sale To Lucidworks

Date 15/05/2017

Lucidworks, the leader in enterprise search solutions, today announced its acquisition of Twigkit, a software company specializing in user experiences for enterprise-grade search and big data applications. The acquisition is an important step towards Lucidworks’ mission to deliver purpose-built user-driven data applications that give end-users a single access point to aggregated search results.