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  • ASIC Cancels Gallop International’s Australian Financial Services Licence

    Date 29/05/2017

    ASIC has cancelled the Australian financial service licence (AFS) licence of Gallop International Group Pty Ltd, formerly known as Weather Pro Exchange Pty Ltd (ACN 147 664 551) (Gallop). The cancellation of the AFS licence is effective from 24 May 2017.

  • The Launch Of Osaka Exchange Alert Mail

    Date 29/05/2017

    Osaka Exchange, Inc. (OSE) introduced Osaka Exchange Alert Mail today, which immediately notices any trading suspension etc. of OSE derivative products due to system trouble, and the delay in publication etc. of settlement prices or SPAN Risk Parameter Files by Japan Securities Clearing Corporation. 

  • New Zealand's Financial Markets Authority Survey: Investor Confidence Bounces Back

    Date 28/05/2017

    Major disruptions in world events over the last year have not dented New Zealanders’ confidence in financial markets. The FMA today released its annual survey into the public’s attitude to financial markets. The survey shows that confidence has risen significantly to 65% among all respondents, from 56% in 2016.

  • The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report By Nationality And Investor Type

    Date 28/05/2017

    The total value of shares traded for the week  ending 25 May 2017 amounted to SAR 12.95 billion, decreasing by 19.09% over the previous week; while total stock market capitalization reached SAR 1,624.08 billion at the end of this period, decreasing by 0.73% over the previous week.

  • Saudi Arabia's Capital Market Authority Announcement Regarding Obligating Entities Listed On Parallel Market To Disclose Their IFRS Transition Progress On Phases

    Date 28/05/2017

    Reference to the transition plan to adopt the International Financial Reporting  Standards (the "IFRS"), which were endorsed by the Saudi Organization for Certified Public Accountants ("SOCPA") , who had resolved for entities listed on the Parallel Market to implement the IFRS starting from 1/1/2018, and moving forward from the Capital Market Authority (the "Authority") role in regulating and monitoring the works and activities of parties subject to the control and supervision of the Authority, and regulating and monitoring the full disclosures of information regarding financial securities and their issuers, and for the purpose of getting  the necessary comfort regarding the preparation of IFRS financial statements by entities listed on the Parallel Market before the due date, and getting the necessary comfort regarding the extent of commitment of the listed entities on Parallel Market to the IFRS convergence plan, the Authority announces the Board of Commissioners resolution which obligates listed entities on Parallel Market  to disclose their IFRS transition progress on phases as follows: