News Centre

Third Meeting Of The Financial Stability Board Regional Consultative Group For The Middle East And North Africa

Date 16/03/2013

Today, the Saudi Arabian Monetary Agency hosted the third meeting of the FSB Regional Consultative Group for the Middle East and North Africa (RCG-MENA) in Riyadh City. In 2011, six regional consultative groups¹ of the FSB were established responding to the call of the G20 Leaders at the Toronto Summit (June 2010), to bring together financial authorities from FSB member and non-member countries to exchange views on vulnerabilities affecting financial systems and on initiatives to promote financial stability.

Tehran Stock Exchange New Year Holidays' Announcement

Date 16/03/2013

Tehran Stock Exchange will be closed from Tuesday, March 19 to Sunday, March 24 to celebrate the Iranian New Year – Nowruz - Holidays. Our offices will reopen on Monday, March 25, 2013.

ADX Discusses Cooperation With Korean Counterpart

Date 16/03/2013

Abu Dhabi Securities Exchange (ADX) received last week a delegation from Korea Stock Exchange (KRX).  The two parties signed a Memorandum of Understanding in January of the year 2013 and the visit comes to further develop the ongoing cooperation between the exchanges under the terms of the MoU. 

IMF Statement On Cyprus At The Eurogroup Meeting

Date 16/03/2013

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today following the Eurogroup meeting:

“I welcome the agreement reached today to address Cyprus’ economic challenges. The IMF has always said that we would support a solution that is sustainable, that is fully financed, and that appropriately allocates the burden sharing. I believe that the agreed package meets these three objectives. On this basis, I intend to make a recommendation to our Executive Board for the IMF to contribute to the financing of the package.”

BATS 1000 Index Rises 0.8% This Week

Date 15/03/2013

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) rose 133.59 points, or 0.8%, this week to close at 17,661.31 as of the 4 p.m. ET market close today. 

SIFMA Market Close Recommendations For Good Friday And U.K. Easter Monday Holidays In The US, The UK And Japan

Date 15/03/2013

In observance of the Good Friday and U.K. Easter Monday holidays, SIFMA made holiday recommendations for the U.S., the U.K., and Japan.

SEC: CR Intrinsic Agrees To Pay More than $600 Million In Largest-Ever Settlement For Insider Trading Case

Date 15/03/2013

The Securities and Exchange Commission today announced that Stamford, Conn.-based hedge fund advisory firm CR Intrinsic Investors has agreed to pay more than $600 million to settle SEC charges that it participated in an insider trading scheme involving a clinical trial for an Alzheimer’s drug being jointly developed by two pharmaceutical companies.

CFTC Commitments Of Traders Reports Update

Date 15/03/2013

The current reports for the week of March 12, 2013 are now available.

The Nigerian Stock Exchange Market Report For The Week Ended 15 March 2013

Date 15/03/2013

A turnover of 2.550 billion shares worth N21.694 billion in 29,335 deals were transacted this week on the floor of The Exchange in contrast to a total of 1.928 billion shares valued at N20.990 billion that exchanged hands last week in 28,832 deals.

CFTC’s Division Of Market Oversight And Office Of Data And Technology Issue Advisory Reminding All Swap Counterparties Of April 10 Deadline To Obtain A CICI Identifier

Date 15/03/2013

The Division of Market Oversight (DMO) and Office of Data and Technology (ODT) of the Commodity Futures Trading Commission (CFTC) today issued an Advisory reminding all swap counterparties of the imminent April 10, 2013, deadline for each counterparty to obtain a legal entity identifier (LEI), currently known as a CFTC Interim Compliant Identifier or “CICI”. The source for obtaining a CICI is the CICI Utility designated by CFTC, available at www.ciciutility.org. Part 45 of the Commission’s regulations requires use of CICIs in all swap recordkeeping and swap data reporting.