News Centre

UK’s Financial Conduct Authority Urges Public To Report And Speak Out Against Fraudulent Investment Schemes

Date 25/10/2017

• More than a fifth (22%) of those contacted by a suspected fraudulent investment firm stay silent
• Brits are more likely to report fly-tipping (81%) than investment scams (63%)
• Londoners report the most investment scams to the FCA followed by people from Birmingham and Belfast

United Arab Emirates Securities And Commodities Authority And Abu Dhabi Securities Exchange Organize An Awareness-Raising Seminar As Part Of The National Investor Awareness Project Initiatives

Date 25/10/2017

As part of the National Investor Awareness Project initiatives, the Securities and Commodities Authority (SCA) is holding an awareness-raising seminar titled “Stock Portfolio Construction and the Difference between Investment and Speculation in Financial Markets" on Wednesday evening. The seminar—tailored for investors, brokers, and financial analysts at UAE-based brokerage firms—is organized in collaboration with the Abu Dhabi Securities Exchange (ADX). It will examine the most important investment- and speculation-related concepts and will discuss how to construct a stock portfolio that takes risk and return into consideration, as well as the possibility to extend such portfolio to include other assets, such as bonds and commodity derivatives.

Toronto Stock Exchange Welcomes Roots - Shares In Canada's Renowned Lifestyle Brand Begin Trading Today

Date 25/10/2017

TMX Group's senior equity exchange, Toronto Stock Exchange (TSX), today welcomed Canadian retailer Roots as it began trading this morning under the symbol TSX:ROOT.

Phelix-DE Contract Continues To Redefine The German Power Market - New Daily Record – Strong Volume Growth Across The Whole Curve

Date 25/10/2017

Yesterday, the European Energy Exchange (EEX) achieved a new daily record in Phelix-DE Futures. In total, 4.7 TWh were traded thereby exceeding the previous high (3.0 TWh traded on 18 October 2017) by more than 50%.

ADX Holds Annual Forum For Listed Companies In Abu Dhabi

Date 25/10/2017

• Net profit of listed companies in ADX increased by 10.73% during the second quarter compared to the same period in 2016
• Services sector recorded the highest increase in net profit during the second quarter by 229.7%
• Energy sector achieved the second highest net profit in the second quarter by 175%

DIFC: Innovations In Identity In Financial Services

Date 25/10/2017

In financial services, identity defines and permits the relationship between providers and clients. Financial institutions need to know they are lending to genuine, legal and reliable customers, and customers must be able to trust financial providers to protect them from financial crimes. Yet identification and authorisation are not easy in practice. Many citizens in the Middle East, Africa and South Asia (MEASA) region lack standard identification documents such as passports, or the credit data needed to secure loans. However, technological innovations are presenting new opportunities to collect, validate and store client information that are driving efficiencies and reducing costs for financial institutions.

Symbiont Joins Wall Street Blockchain Alliance As Corporate Member

Date 25/10/2017

The Wall Street Blockchain Alliance (WSBA), is pleased to announce that Symbiont, a leading smart contracts platform for institutional applications of blockchain technology, has joined the non-profit trade association as a corporate member. The addition of Symbiont to the WSBA reflects the ever increasing need for blockchain knowledge and expertise across multiple segments and disciplines of financial markets.

Oslo Børs VPS Holding 3rd Quarter 2017

Date 25/10/2017

Oslo Børs VPS Holding reports a profit of NOK 80 million for the third quarter of 2017 (NOK 66 million) and a profit of NOK 281 million (NOK 196 million) for the first nine months of the year.

SGX Reports 1Q FY2018 Net Profit Of S$91 Million

Date 25/10/2017

1Q FY2018 Financial Summary

• Revenue: S$204 million, up 7% from a year earlier
• Operating profit: S$106 million, up 9%
• Net profit: S$91 million, up 9%
• Earnings per share: 8.5 cents, up 9%
• Interim dividend per share: 5 cents, unchanged

Dubai Financial Services Authority To Co-Host 2nd Annual FinTech Summit

Date 25/10/2017

The Dubai Financial Services Authority (DFSA) is delighted to co-host the 2nd Annual FinTech Summit with Naseba a business facilitation company at Park Hyatt Dubai, on October 30. The summit will provide a platform for the region’s Banking, Financial Services and Insurance (BFSI) decision makers to discuss and evaluate the latest developments in FinTech.