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  • Quarterly Changes To The NASDAQ Golden Dragon China Index

    Date 15/09/2014

    The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ Golden Dragon China Index (Nasdaq:HXC), which will become effective prior to market open on Monday, September 22, 2014.

  • Cairo Amman Bank Flash Comment: FX Reserves At $14.5 Billion In July - Covering More Than 7 Months Of Imports

    Date 15/09/2014

    • FX reserves have increased to $14.5 billion at the end of July of this year from $14.3 billion at the end of June
    • FX Reserves are currently at comfortable levels; covering above 7 months of imports according to estimates
    • FX reserves are expected to continue growing in the following months as Jordan is expecting external funding from international sources
    • FX reserves had dropped significantly in 2012 to uncomfortable low levels, but the Central Bank of Jordan took unconventional steps in 2013, including two domestic USD government bonds and USD/JOD swaps with local banks to rebuild buffers
    • The increase in foreign reserves in 2014, is a result of higher confidence in the local currency, and major external funding through loans and grants
    • In late June 2014, the Jordanian Government issued a Eurobond under the US government guarantee with the amount of USD 1 billion
    • The high level of FX reserves is in line with Central Bank of Jordan monetary goals of decreasing interest rates and stimulating growth

  • Semi-Annual Changes To The NASDAQ Clean Edge Green Energy Index

    Date 15/09/2014

    The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. today announced the results of the semi-annual evaluation of the NASDAQ® Clean Edge® Green Energy Index (Nasdaq:CELS), which will become effective prior to market open on Monday, September 22, 2014.

  • From August's Trading Places: A Simply Scandalous Market - Columnist Patrick L Young Marks The First Anniversary Of A Remarkable Market Failure...

    Date 15/09/2014

    This is a story where a rapid rise led to arrogance and hubris which now appears to be ending in disgrace. Bollywood couldn’t make it up. Jignesh Shah, a man once threatened to become a colossus in world markets, is, as I type, awaiting another bail hearing having been held on remand for some weeks.

  • Semi-Annual Changes To The NASDAQ Technology Dividend Index

    Date 15/09/2014

    The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the results of the semi-annual evaluation of the NASDAQ Technology Dividend Index (Nasdaq:NQ96DIVUS), which will become effective prior to market open on September 22, 2014.