News Centre

We Succeeded In Making 2016 A Year Of Digital Transformation For ADX – Al Blooshi: 16 Years Of Innovation, Continious Development, And Growth

Date 15/11/2016

Abu Dhabi Securities Exchange (ADX) Chief Executive, Rashed Al Blooshi said that the continuous growth in ADX performance during the past 16 years  is closely aligned with the vision and aspirations of the wise leadership that considers the improvement of the performance as the best way to continue achieving comprehensive development.

Packed Week Of Activities In Cooperation With Leading Institutions And Innovation Experts: DFM Highlights Its Smart And Leading Services During The UAE Innovation Week 2016

Date 15/11/2016

• H.E. Essa Kazim: “DFM is at the forefront of innovative and smart service providers markets in line with leadership’s vision and the National Innovation Strategy aims to place the UAE amongst the most innovative nations globally”
• DFM plans to launch new services and products developed based on the outcome of the inaugural round of Innovation Week
• The exchange will organize workshops and brain storming sessions to deepen innovation culture amongst employees
• DFM stand at the trading floor enables participants to  learn  about DFM’s innovative solutions developed as part of its “Smart Borse” strategy

HKEX: Updated Arrangements For Adjustment Of SMIC Futures

Date 15/11/2016

Hong Kong Exchanges and Clearing Limited (HKEX) has announced updated arrangements for the capital adjustment of Semiconductor Manufacturing International Corporation (SMIC) stock futures contracts.  For details please refer to the circular. 

The Nasdaq Dubai Equity Futures Panel At Today’s FOW GCC Trading Conference, Dubai

Date 15/11/2016

Left to right: Ross Abbott, Managing Director – Head of Capital Markets, SHUAA Capital; Marie Salem, Director - Capital Markets, FFA Dubai; Racha Al Khawaja, Head of Institutional Coverage, Menacorp; Tahir Mahmood, Acting Head of Business Development, Nasdaq Dubai.

The panelists discussed the rapid growth so far and enormous potential of Nasdaq Dubai’s equity futures market, which opened on September 1, 2016. Daily average trading is running at more than 4,500 contracts so far in November.

SETL, Deloitte And Metro Bank Put Sterling Onto The Blockchain For Consumer Payments

Date 15/11/2016

SETL, Deloitte and Metro Bank completed a series of firsts this week in London.  SETL provided a contactless smartcard enabled blockchain allowing digitised payments, Deloitte exercised its blockchain ID system known as Smart Identity and Metro Bank hosted a connected client account.  In an initial test, over 100 users were issued with contactless smartcards and used them to make purchases from merchants equipped with contactless terminals.  Consumers and merchant balances were updated live-time with all balances held at Metro Bank.

UK's Financial Conduct Authority Introduces Cap On Early Exit Pension Charges

Date 15/11/2016

The Financial Conduct Authority (FCA) has today announced its final rules on capping early exit charges for consumers eligible to access the government’s pension reforms from age 55.

DGCX Welcomes ICBC As A Clearing And Settlement Bank

Date 15/11/2016

Dubai Gold & Commodities Exchange (DGCX) today announced that Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank, has joined as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) - a wholly owned subsidiary of DGCX that acts as a central counterparty for all trades executed on the Exchange. With the addition of ICBC, DCCC has expanded its network of Settlement and Clearing Banks to 6 global banks.

Qatar Stock Exchange: The MSCI Index Review

Date 15/11/2016

MSCI announced the result of the periodical review. For the Companies listed at QSE The outcome of the review is as follows:

Shenzhen Stock Exchange Market Bulletin 14 November, 2016, Issue 38

Date 15/11/2016

According to a report jointly published by the National Bureau of Statistics (NBS), the Ministry of Science and Technology and the Ministry of Finance, China's research and development (R&D) spending has consistently gone up and reached about US$ 208.4bn in 2015, up 8.9 percent over 2014. Last year's R&D expenditure equaled 2.07 percent of the GDP, up from 2.02 percent in 2014 and marking the third straight year above the 2-percent mark. Chinese companies were the largest contributor, according to the report. Enterprises, led by those in the manufacturing, computer and telecommunications sectors, spent about US$ 156.0bn on R&D in 2015, up 8.2 percent from the previous year and accounting for 76.8 percent of the total.

Nasdaq Names Adena Friedman Chief Executive Officer - Robert Greifeld Nasdaq Chairman Of The Board

Date 14/11/2016

Nasdaq is today announcing its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017.