News Centre

Shanghai Stock Exchange STAR 50 Companies Show Strong Performance And Attract Increasing Investment In Q3 2022

Date 01/11/2022

On November 1, SSE STAR 50 Index closed at 1024.52 points, up 1.40%. It is worth noting that this is the second consecutive day that SSE STAR 50 Index rose by more than 1%. Yesterday, the Q3 reports of SSE STAR 50 companies were released and those companies showed strong performance. Operating income and net profit attributable to the parent company rose by 46% and 44% respectively on year-on-year basis, fully demonstrating the growth vitality of "hard tech" enterprises.

The Financial Results Of The Companies Listed At Amman Stock Exchange Increased By 121.7% As Of 30/9/2022

Date 01/11/2022

Mr. Mazen Wathaifi Chief Executive Officer of Amman Stock Exchange (ASE) said that 163 out of 170 listed companies or 96% have provided the ASE with their reviewed quarterly reports for the period ended 30/09/2022 during the specified period in the Directives of Listing Securities, through the e- disclosure System XBRL. This high percentage reflects the compliance of listed companies with the laws and regulations, and the compliance of such companies with the principles of transparency and disclosure. Mr. Wathaifi added that the net profit after tax attributable to shareholders for the first half of 2022 for the listed companies which have provided the ASE with their financial reports has witnessed a significant improvement where it increased to JD1997.8 million, compared to JD901.3 million for the same companies and the same period of 2021, an increase of 121.7%. And the profits before tax amounted to JD2713.8 million for the first three quarters of 2022, compared to JD1266.7 million for the same period of 2021, which represents an increase of 114.2%. At the sectoral level, the profits after tax attributable to shareholders at the industrial sector increased by 228.0%, the services sector followed by an increase of 175.2%, and finally the financial sector with an increase of 39.8%.

Machine Learning: New Open Source Tool Developed By GLEIF And Sociovestix Labs Enables Organizations Everywhere To Automatically Detect And Standardize Legal Forms - J.P. Morgan Has Successfully Tested The New Machine Learning Tool And Is Currently Evaluating Its Integration In Its Data Pipeline

Date 01/11/2022

In line with its commitment to advancing the availability of open, accurate, and relevant entity identification data around the world, the Global Legal Entity Identifier Foundation (GLEIF) has collaborated with Sociovestix Labs to create a machine learning tool that recognizes an entity’s specific legal form and automates the assignment of its corresponding Entity Legal Form (ELF) code. The ‘Entity Legal Forms (ELF) Code List’ is based on the ISO standard 20275 ‘Financial Services – Entity Legal Forms (ELF)’ and assigns a unique alpha-numeric code of four characters to each entity legal form.

UK Financial Conduct Authority Prosecutes Five Individuals For Role In 'All-Or-Nothing’ Investment Scheme

Date 01/11/2022

Following an application at Southwark Crown Court on 31 October 2022, two prosecutions for alleged investment fraud will be heard as a single trial of four defendants. This is listed to start on 6 February 2023 with a 6-8 week time estimate. 

HKEX Enhances Cash Market Trading Fee Structure To Boost Market Efficiency

Date 01/11/2022

• Existing cash market fixed trading tariff of $0.50 to be removed 
• Cash market ad valorem trading fee to be adjusted from 0.005% to 0.00565%
• Effective on 1 January 2023

Eurex Launches New Incentive Program For Euro Clearing In The EU

Date 01/11/2022

To support buy-side clients starting clearing OTC interest rate derivatives positions in the EU, Eurex Clearing is now offering special incentives. This is a further step in support of the regulatory objectives to bring more Euro Clearing into the EU and in turn reduce reliance on CCPs outside the EU.

Nasdaq Iceland Welcomes Amaroq Minerals To Nasdaq First North Growth Market Iceland

Date 01/11/2022

Nasdaq (Nasdaq:NDAQ) announces that trading in Amaroq Minerals Ltd (short name AMRQ) will commence today on Nasdaq First North Growth Market Iceland. The company belongs to the Basic materials sector. Amaroq Minerals is the 60th company to be admitted to trading on Nasdaq’s Nordics markets* in 2022. Amaroq Minerals´ shares are already listed on TSX Venture Exchange in Canada and AIM in London.

Dubai Financial Services Authority Crypto Token Regime Comes Into Force

Date 01/11/2022

The Dubai Financial Services Authority’s (DFSA) Crypto Token regime comes into force today. This regime forms the second phase of the DFSA’s work in this area following the introduction of a regime in the Dubai International Financial Centre (DIFC) for the Regulation of Investment Tokens in October 2021.

The UAE Securities & Commodities Authority Wins The Prize Of Organizational Culture Of Innovation - An International Experts Committee Assessed The Submitted Initiatives According To The International Standards For Practices Assessment

Date 01/11/2022

The Securities & Commodities Authority won the prize of organizational culture of innovation granted by the Center for Organizational Excellence Research in New Zealand, within the framework of the conference on the competition of the best international practices. H.E. Dr. Maryam Buti Al Suwaidi, the SCA's CEO, received the certificate of excellence in organizational culture of innovation from Dr. Robin Mann, the Center's manager, in presence of H.E. Mohamed Khalifa Al Hadari, the Duty CEO for Supporting Services, at the end of the meeting held in the SCA's headquarter in Abu Dhabi between the two parties' representatives. During that meeting, the best global practices were discussed concerning organizational excellence and modern trends in this field.

Singapore And China Strengthen Cooperation In Green Finance And Capital Market Linkages

Date 01/11/2022

The Monetary Authority of Singapore (“MAS”) today announced new initiatives to expand cooperation in green finance and deepen capital market linkages with China. The initiatives were discussed at the 18th Joint Council for Bilateral Cooperation (“JCBC”) in Singapore, co-chaired by Singapore Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat, and People’s Republic of China Executive Vice Premier of the State Council, Mr Han Zheng.