News Centre

Quant Granted Patent For Chronologically Ordering Blockchain Transactions

Date 01/08/2023

Quant, the blockchain for finance pioneer, has secured a new patent, part of its ongoing mission to make distributed ledger technology simple, trusted and future-proof.

Dubai Financial Services Authority Fines Bank Mirabaud USD 3 Million For Anti-Money Laundering Controls Failings

Date 01/08/2023

The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 3,022,500 (AED 11,100,131) on the bank Mirabaud (Middle East) Limited (‘Mirabaud’) for having inadequate anti-money laundering (AML) systems and controls between June 2018 and October 2021.

TNS Dedicated Server Expands With Comprehensive Cloud - Server Management Suite - Breakthrough End-To-End Solution Helps Traders Adopt Cloud Technology For Lower Costs

Date 01/08/2023

Transaction Network Services (TNS) today extended the build out of its TNS Cloud platform with the introduction of TNS Cloud – Server Management, delivering full-suite trading infrastructure and support to buy- and sell-side institutions and their vendors.

DIFC’s H1 2023 Performance Strengthens Dubai’s Position As A Global Finance And Innovation Hub

Date 01/08/2023

• Maktoum bin Mohammed: DIFC’s exceptional performance in the first half of the year once again demonstrates the strength of the ecosystem it offers for investment, innovation and enterprise to flourish in the financial industry
• Total number of registered companies increases from 4,031 to 4,949 in H1 2023, a 23% year-on-year growth
• A record-breaking 3,057 new jobs created, increasing the total workforce in DIFC by 20% year-on-year to 39,140
• 661 new companies join DIFC in H1 2023, a 23% increase from the same period last year
• FinTech and Innovation companies surge from 599 to 811, up 35% year-on-year
• DIFC is now home to 1,443 financial and innovation related companies, a 15% year-on-year growth.
• According to the Spring 2023 edition of the Global Financial Centres Index, Dubai is one of only ten financial centres categorised as a global leader with broad and deep capabilities
• Dubai is the only financial centre in the Middle East, Africa and South Asia region to be included in this classification

Tokyo Stock Exchange: Webpage Regarding The Incorporation Of Letters Into Securities Identification Codes

Date 01/08/2023

The Securities Identification Code Committee has set up a page on its website that provides an overview of the incorporation of letters into securities identification codes.

Bursa Malaysia Introduces Fundrewards: Invest & Win Cashback! Campaign For Users Of Bursa Fund Platform

Date 01/08/2023

• Investors stand to earn cashback rewards when using the Bursa Fund Platform
• to invest in unit trusts and wholesale funds

Dalian Commodity Exchange's New Validity Period For Soybean Oil Futures Standard Warehouse Receipt Starts From August 1st

Date 01/08/2023

To adapt to the changes in the soybean oil spot market and ensure smooth delivery, Dalian Commodity Exchange (DCE) issued an announcement on August 12, 2022, titled “Amendments to the Business Rules for Soybean Oil Futures of Dalian Commodity Exchange”. This announcement shortens the validity period of soybean oil futures standard warehouse receipts from a maximum of 12 months to a maximum of four months, starting from the first trading day of August 2023.

Securities Commission Malaysia Issues Guidelines To Strengthen Technology Risk Management Of Capital Market Entities

Date 01/08/2023

The Securities Commission Malaysia (SC) today issued the Guidelines on Technology Risk Management, which aims to promote robust and sound technology risk management practices among capital market entities. 

Tokyo Financial Exchange Trading Volume In July 2023

Date 01/08/2023

(1) FX Daily Futures contracts(Click 365)

The total trading volume of FX Daily Futures contracts (Click 365) was 2,586,333 ( -6.0% MoM / -7.9% YoY ) and its average daily trading volume was 123,162 . See the TABLE 1 for the composition of the trading volume.

Japan Exchange Group: Trading Overview In July 2023

Date 01/08/2023

Japan Exchange Group released Trading Overview in July 2023.