News Centre

To Enhance The Attractiveness Of The Investment Environment In The UAE Securities And Commodities Authority Issues A Decision Regulating Securitization

Date 03/05/2023

The Securities and Commodities Authority (SCA) issued a decision regulating securitization to provide investors with new investment alternatives and institutions with various financing opportunities.

London Stock Exchange Group PLC Transaction In Own Shares

Date 03/05/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

Tehran Stock Exchange: Equity Murabaha Offers New Financing Capacity - The New Sukuk Instrument Will Help Financing Of Holding Companies.

Date 03/05/2023

Murabaha sukuk of Shahr Financial Group was registered in the debt market of Tehran Stock Exchange (TSE) on 30 April 2023, in the amount of IRR 3,000 billion, with an annual interest rate of 21%, for purchasing of listed companies’ shares. The securities have four-year life cycle and quarterly payment from date of issue.

ASIC Calls On Investment Product Issuers To ‘Lift Their Game’ On Design And Distribution Obligations

Date 03/05/2023

ASIC today called on investment product issuers to ‘lift their game’ after an initial review found significant room for improvement in how they meet their design and distribution obligations (DDO).

Japan Exchange Group And ADB Agree Collaboration - For Promotion Of Sustainable Finance etc. In The Asia-Pacific Region.

Date 03/05/2023

Japan Exchange Group, Inc. (JPX) and the Asian Development Bank (ADB) have today signed a Memorandum of Understanding (MOU) to cooperate with each other in areas such as the promotion of sustainable finance and digital technology in financial services in the Asia-Pacific region.

Spectrum Markets Welcomes UniCredit Bank AG As Newest Member With Listing Of Securitised Derivatives

Date 03/05/2023

• UniCredit Bank AG offering will comprise a mix of short and longer-term instruments
• The bank plans to list several thousand instruments on the venue, based on client demand, starting with constant leverage warrants and covered warrants first available from May 2023

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 47.7%, Of Which 36.7% For Institutional Investors

Date 03/05/2023

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in April 2023 was JD12.8 million, representing 11.4% of the overall trading value, while the value of shares sold by them amounted to JD18.6 million. As a result, the net of non-Jordanian investments in April 2023 showed  a negative value of JD5.8 million, whereas the net of non-Jordanian investments showed a negative value of JD8.9 million during the same month of 2022. 

BDSwiss Announces Addition Of Hassan Ibrahim As New MENA Head Of Business Development

Date 03/05/2023

The quickly expanding, global online trading firm BDSwiss is pleased to announce the appointment of Hassan Ibrahim as the brokerages new Middle East and North Africa (MENA) Head of Business Development. With over a decade's worth of finance industry experience, Hassan will play a key role in expanding BDSwiss' operations in the Middle East and North Africa region.

Bursa Malaysia Announces RM56.2 Million Profit After Tax And Zakat For The First Quarter Of 2023

Date 03/05/2023

Key Financial & Market Highlights (1Q2023 versus 1Q2022)

• Profit After Tax and Zakat at RM56.2 million, decreased by 17.4%
• Operating revenue at RM150.7 million, decreased by 6.4%
• Operating expenses at RM80.2 million, increased by 10.6%
• Cost-to-income ratio at 51%, increased by 7 percentage points
• Average daily trading value for Securities Market’s on-market trades at RM2.1 billion,
• Securities Market velocity at 31%, decreased by 5 percentage points
• Average daily contracts traded for Derivatives Market at 71,366 contracts, decreased by 7.9%
• Average daily trading value for BSAS at RM52.1 billion, increased by 24.4%

SEC Alleges Son And Father-In-Law Touted Faith To Target Church Members In $20 Million Offering Fraud

Date 02/05/2023

The Securities and Exchange Commission today charged Brett M. Bartlett, his father-in-law Scott A. Miller, and their companies for fraudulent securities offerings that raised at least $20.5 million, some of which Bartlett and Miller misused for personal expenses.