News Centre

Egyptian Exchange Indices Performance

Date 21/08/2014

The Egyptian Exchange (EGX) witnessed a significant boost from the beginning of the year till the 20th of August session. EGX30 rose by 39.1% while EGX70 and EGX100 rose by 21.6% and 27.6% consecutively. EGX20 capped recorded a 43.6% rise while S&P/EGX ESG that concerns the corporate governance recorded a 63.6% rise during the mentioned period.  

July 2014 FIF Market Share Report - Executive Summary

Date 21/08/2014

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and C totaled125.6 billion shares, an increase of 3.3% monthly, anddecrease of 0.5% annually.
• NYSE-listed securities share volume was 66.7 billion shares, an increase of 5.1% monthly and decrease of 2.2% annually.
• Share volume in NASDAQ-listed securities was 39.6 billion shares, a 1.6% monthly decrease and 10.3% annual increase.

S&P Dow Jones Indices Market Attributes Commentary: Risk & Volatility Index Dashboard

Date 21/08/2014

FIF Capacity Statistics For July 2014

Date 21/08/2014

Two New Record Peaks: BATS Options MCASTPITCH AGG & Deutsche Börse CEF Ultra + Xetra

ICMA Covered Bond Investor Council Publishes Report On Cover Pool Data Disclosure

Date 21/08/2014

A new report commissioned by ICMA’s Covered Bond Investor Council, ‘Covered bond pool transparency: the next stage for investors’reviews progress so far in attempts to improve and standardise disclosure of the cover pool data for the asset class in certain national markets across Europe and makes recommendations on future measures.

US Associate Attorney General West Delivers Remarks At Press Conference Announcing Major Financial Fraud

Date 21/08/2014

Thank you, Mr. Attorney General, and thank you all for being here this morning.

This morning we demonstrate once again that no institution is either too big or too powerful to escape appropriate enforcement action by the Department of Justice.  At nearly $17 billion, this resolution with Bank of America is the largest the Department has ever reached with a single entity in American history. 

Bank Of America Reaches Comprehensive Settlement With U.S. Department Of Justice And State Attorneys General To Resolve Mortgage-related Litigations And Investigations - Settlement Expected To Reduce Q3-14 Pretax Earnings By $5.3 Billion And Negatively Impact EPS By Approximately $0.43 Per Share

Date 21/08/2014

Bank of America announced today that it has reached a comprehensive settlement with the U.S. Department of Justice (DoJ), certain federal agencies and six states. The settlement includes releases on the securitization, origination, sale and other specified conduct relating to residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs), and an origination release on residential mortgage loans sold to Government Sponsored Enterprises (GSEs) and private-label (PLS) RMBS trusts, or guaranteed by the Federal Housing Authority (FHA).

Perseus Offers Global Trading Access And Risk Compliance For Eris Exchange - All Asset Class Network And High Precision Time™ For Interest Rate Swap Futures Goes Live

Date 21/08/2014

Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks, announced today trading access and time verification is now available for Eris Exchange Swap Futures accessible at Equinix data centres in Chicago, London and Tokyo. Eris Exchange is a leading open access futures exchange for interest rate risk management, and offers forward starting and spot starting interest rate swap futures contracts. Eris Exchange provides the flexibility of over-the-counter interest rate swaps in a futures construct with the risk mitigation of CME Clearing. By using the Perseus Market-to-Market Network trading, participants will enjoy extremely fast, reliable and secure connectivity to the Eris SwapBook™ electronic trading platform.

USA Attorney General Holder Delivers Remarks At Press Conference Announcing Major Financial Fraud

Date 21/08/2014

Thank you all for being here.  I am joined today by Associate Attorney General Tony West; U.S. Attorney for the District of New Jersey Paul Fishman; U.S. Attorney for the Eastern District of New York Loretta Lynch; U.S. Attorney for the Western District of North Carolina Anne M. Tompkins; Acting U.S. Attorney for the Central District of California Stephanie Yonekura; Kentucky Attorney General Jack Conway; Maryland Attorney General Doug Gansler; Acting Inspector General for the Federal Housing Finance Agency Michael Stephens; and Associate Regional Director for Enforcement William Hicks, of the U.S. Securities and Exchange Commission. 

Bank Of America Admits Disclosure Failures To Settle SEC Charges - Bank Also Resolves Separate SEC Case In $245 Million Settlement

Date 21/08/2014

The Securities and Exchange Commission today announced a settlement in which Bank of America admits that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage loans.