News Centre

DIFC Welcomes Leading European Independent Wealth And Asset Manager Picte

Date 31/10/2016

Dubai International Financial Centre (DIFC),the global financial services hub connecting businesses and institutions with emerging market opportunities across the Middle East, Africa and South Asia (MEASA) region, today announces the addition of Geneva-based Pictet Asset Management, a leading asset management company for institutional clients.

New FinTech Business Wins Best Start-Up At The Women n STEM Awards 2016

Date 31/10/2016

NOW Money, The UAE's new remittance app, has won the Best Start-Up for CEO Katharine Budd’s pitch at the prestigious Global Women in STEM awards.

NZX Q3 2016 Revenues & Operating Metrics

Date 30/10/2016

NZX reported third quarter revenue growth of 3.9% in its Q3 2016 revenues and operating metrics released today. The most significant contributors to this growth were higher funds management revenues, and listing fees for new debt listings, which continues an exceptionally strong year for New Zealand’s listed debt market.

DFM Company Posts Net Profit Of AED 175 Million In The First Nine Months Of 2016

Date 30/10/2016

H.E. Essa Kazim:

• DFM has maintained its attractiveness to investors in a clear indication of their growing confidence in its lucrative and diversified investment opportunities that reflect the strong performance of the economy
• Institutional investors’ share of trading value on DFM increased from 25.3% during the first nine months of 2015 to 28.3% during the same period of 2016, with net buying of AED 1.5 billion
• Foreign investors’ ownership on the market increased from 17% at the end of September 2015 to 22.2% at the end of September 2016

The CEO Of Qatar Stock Exchange Participates In The WFE 56th Meetings

Date 30/10/2016

Mr. Rashid Bin Ali Al Mansoori, CEO of Qatar Stock Exchange (QSE) will participate in the 56^th General Assembly and Annual Meetings of the world federation of exchanges (WFE). The meetings will take place from 2-4 November 2016, in Cartagena, Colombia.

Securities Commission Malaysia Leverages Digital Finance To Grow Capital Market - SCxSC Digital Finance Conference 2016 To Highlight Market-Based Financing, Digital Investment Services, And Distributed Ledger Technology

Date 30/10/2016

Malaysia will continue to leverage the expanding range of digital finance tools to broaden investor participation within the capital markets, according to Securities Commission Malaysia (SC).

Next Phase Is About Attracting Further Liquidity And Institutional Invetsment - Alblooshi: ADX Infrastructure Can Cope With All Opportunities

Date 29/10/2016

Chief Executive of Abu Dhabi Securities Exchange (ADX), Rashed Al Blooshi, said that one of the strong points in the creation of a long-term roadmap for economic progress for the Emirate comes in the establishment of a common framework aligning all policies and plans and fully engaging the private sector in their implementation” 

Dubai Gold And Commodities Exchange Opens Vital Trading Link To Chinese Bullion Market

Date 29/10/2016

• Shanghai Gold Futures to list on DGCX
• First Chinese bullion contract outside of China - futures priced in yuan
• Provide a key benchmark for gold prices to trading institutions

DGCX Appoints Agricultural Bank Of China As Market Maker For Shanghai Gold Futures Contract - Agricultural Bank Of China To Deliver All The Functionality Needed As A Market Maker

Date 29/10/2016

The Dubai Gold and Commodities Exchange (DGCX) today announced Agricultural Bank of China (ABC) DIFC Branch has become the first market maker for the Shanghai Gold Futures contract listed on it exchange. ABC is China's third largest lender by assets and is one of the first participants in the precious metal business in China and is known to hold leading positions all the time.

MIAX Options Exchange: Complex Liquidity Types Available At MIAX

Date 28/10/2016

MIAX Regulatory Circular 2016-54 lists the MIAX Market Maker Complex liquidity types currently available at the Exchange.