News Centre

Cairo Amman Bank Weekly Economic Monitor, August 31, 2014

Date 31/08/2014

Click here to download the latest Cairo Amman Bank Weekly Economic Monitor.

HKEx Update On Legal Proceedings - Regarding Alleged Anti-Competitive And Monopolistic Behaviour In Connection With LME Aluminium Warehousing

Date 31/08/2014

As disclosed in the announcements on 4 and 7 August 2013 as well as on 14 March and 13  May 2014  (collectively,  the  “Announcements”),  Hong  Kong  Exchanges and Clearing Limited (“HKEx” or “Company”), along with its subsidiaries, The London Metal Exchange (“LME”) and LME Holdings Limited (“LMEH”), were named as co-defendants in class action lawsuits filed in the United States (“US”) regarding alleged anti-competitive and monopolistic behaviour in connection with aluminium warehousing.

Egypt's Minister Of Awqaf Holds A Meeting With Egyptian Exchange Chairman To Educate Preachers About Stock Market Mechanisms

Date 31/08/2014

In the context of the strategy for communicating with different community actors to publicize the role of the capital market to support economic development plans, Dr. Mohamed Gomaa Minister and Mr. Salah al-Junaidi, head of the Waqf met with Dr. Mohammad Omran, Chairman of EGX. The meeting focused on ways to strengthen cooperation between the Ministry and EGX.  They discussed the capital market role in assisting the Ministry of Awqaf in the management and development of the portfolio investment Department-owned Egyptian Awqaf authority.  In addition to the leading role to be played by the Ministry of Awqaf in the awareness of the importance of capital market and its role in the economy.

HKEx Chief Executive Charles Li - Latest Charles Li Direct

Date 31/08/2014

HKEx Chief Executive Charles Li has published a new blog to share some personal observations on the Concept Paper on weighted voting rights.

Construction Fund Is Launched At New Financial Instruments Market Of Iran Fara Bourse (IFB)

Date 31/08/2014

Iran Fara Bourse launched Construction Fund on 30 August 2014. Target of this fund is to gather small and big savings to allocate for the specific construction projects, then selling the buildings and divide its benefits among investors. This is a new financial instrument in Iran capital market to finance housing projects. It should be mentioned that underwriting of this fund is done at Third Market but its secondary transactions is performed at New Financial Instruments Market. 

S&P Dow Jones Indices Market Attributes: U.S. Index Dashboard

Date 30/08/2014

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BondHawk Trader Platform Slashes Total Cost Of Ownership For Fixed Income Shops

Date 30/08/2014

BondHawk Systems, LLC is pleased to announce the launch of BondHawk Trader, a robust fixed income platform for buy side and sell side firms. The system offers real-time position management, risk, and order management for traders, asset managers, and salespeople.

CalPERS Statement On Securities And Exchange Commission's Approval Of Dodd-Frank Rules

Date 30/08/2014

The California Public Employees' Retirement System (CalPERS) issued the following statement on the Securities and Exchange Commission's approval of two rules relating to the implementation of the Dodd-Frank Act:

"CalPERS thanks the Commissioners of the Securities and Exchange Commission for their leadership in moving forward to further implement the Dodd-Frank Act and provide protections for investors in the areas of asset-backed securities and credit rating agencies," said Ted Eliopoulos, CalPERS Interim Chief Investment Officer. "These new rules will enhance transparency, set up needed firewalls, establish comprehensive internal controls and require greater disclosures. These rules are a step in the right direction to protect America's investors."

IMF Executive Board Statement On Managing Director Christine Lagarde

Date 29/08/2014

The Executive Board of the International Monetary Fund (IMF) today issued the following statement regarding the legal case in France involving Managing Director Christine Lagarde:

“As we have said before, it would not be appropriate to comment on a case that has been and is currently before the French judiciary. However, the Executive Board has been briefed on recent developments related to this matter, and continues to express its confidence in the Managing Director’s ability to effectively carry out her duties.”

Preliminary Annual Report On U.S. Holdings Of Foreign Securities At Year-End 2013

Date 29/08/2014

Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2013 were released today and posted on the Treasury web site at (http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/fpis.aspx#usclaims). Final survey results, which will include additional detail as well as possible revisions to the data, will be reported on October 31, 2014.