News Centre

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

Date 25/09/2016

The total value of shares traded for the week  ending 21 September 2016 amounted to SAR 9.02 billion, decreasing by 31.59% over the previous week; while total stock market capitalization reached SAR 1,390.25 billion at the end of this period, decreasing by 3.38% over the previous week.

Abu Dhabi Global Market Advances FinTech Strategy With GlassQube Business Centre

Date 25/09/2016

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has formed a new partnership with GlassQube Business Centre Services (GQC) today to further enhance the Financial Technology (“FinTech”) eco-system in Abu Dhabi. This agreement provides a framework for collaboration, co-operation and consultation between the FSRA and GQC focusing on technology development and innovation in financial services. It enables both parties to share knowledge, exchange expertise and join efforts on initiatives that will support the development of the FinTech ecosystem in Abu Dhabi and the wider region.

DGCX’s Indian Rupee Quanto Futures Named Most Innovative New Contract In Asia

Date 25/09/2016

DGCX’s Indian Rupee Quanto futures contract has been recognised as the Most Innovative New Contract in the Currency category at this year’s Futures and Options World (FOW) Awards Asia, the derivatives industry’s leading awards.

ADX Grants "Market Maker License” To Al Ramz Capital The Market Maker Will Increase Attractiveness And Competitiveness Of ADX – Al Dhaheri

Date 24/09/2016

Abu Dhabi Securities Exchange (ADX) has granted Al Ramz Capital license to practice Market Making activity in the Exchange, thus making Al Ramz Capital the first company to be “directly” licensed by ADX to act as a Market Maker, and the second company practicing this function in ADX after National Bank of Abu Dhabi (NBAD) who started their market making activities in ADX in 2015. 

Financial Trade Associations Statement On Fed’s Proposed Rule On Physical Commodities And Merchant Banking Activities

Date 24/09/2016

In response to the  Federal Reserve's proposed rule to increase capital requirements on merchant banking and physical commodities activities and investments, SIFMA, American Bankers Association, Institute of International Bankers and The Clearing House released the following joint statement:

"While we are still digesting the proposal on physical commodities and merchant banking issued by the Federal Reserve today, it is both inappropriate and unfortunate that it has proposed regulatory changes that are based upon wholly theoretical and unsubstantiated concerns, rather than actual facts, evidence, or historical experience. More than 100 end-users have either submitted or joined other letters attesting that financial holding companies produce substantial public benefits including lower prices and greater market liquidity. By imposing unjustifiably higher capital on this important economic activity, end-users will ultimately pay the price, burdening business and hindering job creation, the formation of new businesses and economic growth."

Thomson Reuters Intends To Purchase Up To 6.5 Million Shares Through Private Agreements - Purchases Will Be Part Of Previously Announced Buyback Program

Date 23/09/2016

Thomson Reuters (NYSE / TSX: TRI), the world’s leading source of intelligent information for businesses and professionals, today announced that it intends to purchase up to 6.5 million of its common shares through private agreements with two armʹs-length third-party sellers. Any shares purchased under these agreements will count towards the company’s existing normal course issuer bid (NCIB), which allows it to buy back up to 37.5 million common shares between May 30, 2016 and May 29, 2017. The Ontario Securities Commission (OSC) has issued issuer bid exemption orders permitting the company to make such private agreement purchases.

Speech Of CFTC Commissioner Sharon Y. Bowen Before The CFTC Annual Symposium For International Market Authorities

Date 23/09/2016

Thank you for that wonderful introduction. I am very pleased to be here among so many of my fellow regulators from around the world. In fact, considering how far I know many of you have traveled to be here today, I want to talk to you about a topic that I believe goes to the heart of how financial regulation operates these days, namely, the need for cross-border transparency and cooperation among regulators. First, though, I want to brief you on what we at the CFTC have been working on and what you can expect to see from us in the not too distant future. Next, I will discuss the need for greater coordination and collaboration among our community of financial regulators. Finally, I’d like to briefly address recent international developments affecting our markets, developments that I believe underscore the need for cooperation. As always the opinions I am about to discuss are my own and do not reflect the opinions of the Commission or CFTC staff.

CFTC Commitments Of Traders Reports Update

Date 23/09/2016

The current reports for the week of September 20, 2016 are now available.

SEC: 'Movie Studio'' Executives Charged With Microcap Fraud - Former N.Y. Governor, Music Producer, And Businessman Separately Charged With Failing To Report Their Stock Transactions As Company Directors

Date 23/09/2016

MIAX Options Exchange: Rule Change Notice - FINRA Arbitration Rule 12403

Date 23/09/2016

FINRA has received approval to amend Rule 12403 of its Code of Arbitration Procedure for Customer Disputes relating to the panel selection process in arbitration.