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Obsidian Solutions Raises $500K USD To Grow The Next Big Operational Platform For Investment Funds
Date 22/02/2016
Obsidian, the FinTech company optimizing operations for fund managers, announced that is has secured $500 thousand seed funding round.
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Trad-X Strengthens Interest Rate Swaps Market Presence With Eurex Clearing Partnership - Trad-X Launches Central Limit Order Book And Auction Market For EurexOTC Cleared Interest Rate Swaps (IRS) - New CCP Switch Service Established Between Eurex Clearing And LCH.Clearnet - Trad-X To Display New Public Reference Page For EurexOTC Cleared Swap Mid-Market
Date 22/02/2016
Trad-X, the market-leading platform for the trading of global interest rate derivatives, has announced a series of initiatives to boost liquidity and strengthen its presence in the global interest rate swap (IRS) market.
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Financial Services Regulatory Authority Of Abu Dhabi Global Market Joins The International Organization Of Securities Commissions
Date 22/02/2016
Abu Dhabi Global Market (“ADGM”), the international financial centre in Abu Dhabi, is pleased to announce that its Financial Services Regulatory Authority (“FSRA”) is now a recognised member of the International Organisation of Securities Commissions (“IOSCO) as of February 2016. As an associate member, ADGM-FSRA is committed to comply with the international regulatory standards on financial markets and to contribute to the standard setting activity of the IOSCO and its international work.
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The Korea Exchange (KRX) Has Organized A New Marketing Department
Date 22/02/2016
KRX said that the exchange organized the global marketing department on February 15 to carry out proactive marketing of the KOSPI Market to global customers.
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MNI China Business Sentiment Survey: Chinese Business Sentiment Weakens Further - Future Expectations Pick Up Despite Subdued Activity
Date 22/02/2016
The Chinese business environment wasn’t afforded any festive cheer over the Lunar New Year holiday as a pull back in Production left executives at China’s largest companies less optimistic, according to the latest MNI China Business Sentiment Survey.
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CME Group Announces The Launch Of LNG DES Japan (Rim) Futures Contract
Date 22/02/2016
CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has expanded its suite of energy product offerings with the introduction of a new LNG DES Japan (Rim) futures contract to begin trading effective today. The new contract is now available for trading through Japan OTC Exchange and other OTC brokers, and for submission to CME Clearing through CME ClearPort. It is listed with and subject to the rules and regulations of NYMEX.
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The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)
Date 21/02/2016
The total value of shares traded for the week ending 18 February 2016 amounted to SAR 28.86 billion, increasing by 1.10% over the previous week; while total stock market capitalization reached SAR 1,353.79 billion at the end of this period, increasing by 4.14% over the previous week.
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DFM Highlights Its Cutting-Edge Governance, Surveillance And Audit Capabilities During The ACFE Middle East Fraud Conference
Date 21/02/2016
Dubai Financial Market (DFM) has successfully participated in the Middle East Fraud Conference hosted by the Financial Audit Department of Dubai Government on 14 and 15 February 2016 in cooperation with the Association of Certified Fraud Examiners (ACFE). The conference was held under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of the Financial Audit Department.
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Integrated Securities Joins Nasdaq Dubai’s Expanding Market To Trade Equities
Date 21/02/2016
Integrated Securities, one of the UAE’s renowned brokerage firms and a subsidiary of Abu Dhabi Financial Group (ADFG), has become a Member of Nasdaq Dubai, providing its clients with the opportunity to trade equities on the region’s rapidly expanding international stock exchange.
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TheCityUK Responds To Confirmation Of UK-EU Referendum Date
Date 20/02/2016
Chris Cummings, Chief Executive, TheCityUK, said, “Swift confirmation of the referendum date as 23 June is welcome news for voters, business and international investors. It is now up to the British people to decide whether to support the Prime Minister’s package of reforms that deliver a special deal for the UK in Europe; or to choose an alternate path and work towards a different future relationship with the EU.
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