News Centre

Dubai Taxi Company PJSC Begins Trading On The Dubai Financial Market

Date 07/12/2023

• DTC becomes the second listing on the DFM this year as Dubai defies global headwinds and continues to be a bright spot for IPOs internationally.
• Achieves record oversubscription levels of more than 130 times, reflecting strong confidence in DTC’s investor proposition, and underscores the trust in Dubai’s robust economic outlook and capital markets.
• Total gross proceeds of approximately AED 1.2 billion raised (equivalent to approximately US$ 315 million), with a market capitalization at time of listing of AED 4.6 billion (equivalent to approximately US$ 1.26 billion).
• Total value of equity listings on the DFM reached to AED 12.3 billion this year.

FinTech Scotland Launches Ground-Breaking Innovation Lab, Evolving The Future Of UK Financial Regulation

Date 07/12/2023

• The financial services industry within Scotland is coming together on non-competitive issues, providing a rare opportunity for change collaboration
• Actionable research is poised to deliver swift and tangible results, propelling almost immediate implementation for unparalleled impact within the sector
• Through a wide-ranging and ambitious research agenda and dynamic programme of events, FRIL will unveil critical insights to bridge the skills gap across the UK

Bursa Malaysia Derivatives To Launch Its First Currency Futures For Hedging US Dollar And Renminbi Currency Exposure

Date 07/12/2023

Bursa Malaysia Derivatives Berhad (“Bursa Malaysia Derivatives” or “the Exchange”) will very soon be launching its first currency futures contract, the Mini USD/CNH Futures (“FCNH”) through a licensing agreement established with Hong Kong Exchanges and Clearing (“HKEX”). 

Hong Kong Securities And Futures Commission Highlights Key Regulatory Work And Market Data In Quarterly Report

Date 07/12/2023

The Securities and Futures Commission (SFC) today published its latest Quarterly Report to provide operational and financial highlights for the quarter from July to September 2023.

Building An Efficient Coordination Platform To Boost The Development Of Maritime Economy - Shenzhen Stock Exchange And The MNR Jointly Hold The Roadshow For Investment In And Financing Of Small And Medium Maritime Enterprises And Scientific And Technological Achievements

Date 07/12/2023

Recently, SZSE and the Ministry of Natural Resources (MNR) jointly hosted the “Roadshow for Investment in and Financing of Small and Medium Maritime Enterprises and Scientific and Technological Achievements”. The activity aims to thoroughly implement the spirits of the 20th CPC National Congress and the CPC Central Financial Work Conference, conscientiously execute the strategic arrangement of the “14th Five-Year Plan” of China, and promote the connection of small and medium maritime enterprises and scientific and technological achievements with the multi-tiered capital market, so as to boost the high-quality development of maritime economy.

Monetary Authority Of Singapore To Enhance The Policy Owners' Protection Scheme

Date 07/12/2023

The Monetary Authority of Singapore (MAS) is seeking public feedback on proposed changes to the Policy Owners’ Protection Scheme (the “Scheme”) [1]  to enhance its coverage, simplify its design, and improve its operational efficacy. These proposals are part of MAS’ regular reviews to ensure the Scheme remains up to date with market developments.

Singapore And China Enhance Digital Finance And Capital Markets Cooperation

Date 07/12/2023

The Monetary Authority of Singapore (MAS) today announced new digital finance and capital markets initiatives to expand its financial cooperation with China. The initiatives were discussed at the 19th Joint Council for Bilateral Cooperation (JCBC) in Tianjin, which was co-chaired by Singapore Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, and the People’s Republic of China Executive Vice Premier of the State Council, Mr Ding Xuexiang. 

HKEX Welcomes Inaugural FII PRIORITY Summit In Hong Kong

Date 07/12/2023

HKEX is pleased to be partnering with the Future Investment Initiative (FII) Institute and the HKSAR Government to host the inaugural FII PRIORITY Summit in Hong Kong, at HKEX Connect Hall.

CFTC To Hold A Commission Open Meeting On December 13

Date 06/12/2023

Commodity Futures Trading Commission Chairman Rostin Behnam today announced the Commission will hold an open meeting on Wednesday, December 13 at 9:30 a.m. (EST) at the CFTC’s Washington, D.C. headquarters. Members of the public are free to attend the meeting in person, listen by phone, or view a live stream at CFTC.gov.

CME Group Extends Employment Agreement For Chairman & Chief Executive Officer Terry Duffy Through 2025

Date 06/12/2023

CME Group today announced that it will extend Chairman and Chief Executive Officer Terry Duffy's tenure through December 31, 2025, in an amended contract agreement the Board approved today.