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  • SGX Group And Shanghai Stock Exchange Deepen Partnership With ETF Link Connecting Singapore And China

    Date 22/05/2023

    Singapore Exchange (SGX Group) and Shanghai Stock Exchange (SSE) are deepening their relationship significantly by signing a Memorandum of Understanding (MOU) to launch an SSE-SGX exchange-traded fund (ETF) link, further strengthening the connectivity between Singapore and China. Under this agreement, SGX Group and SSE will jointly develop and promote the ETF markets in both countries through a master-feeder fund model.

  • London Stock Exchange Group PLC Transaction In Own Shares

    Date 22/05/2023

    London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 679/86 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:

  • Monetary Authority Of Singapore Strengthens Collaboration Between Financial Institutions And Training Institutes To Enhance Artificial Intelligence And Data Analytics Skills

    Date 22/05/2023

    The Monetary Authority of Singapore (MAS) today launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) Talent Development Programme. The initiative, which is part of the National AI Programme in Finance, aims to increase the supply of AIDA talent to build deep AI capabilities in the financial sector. The launch event was officiated by Mr Tan Kiat How, Senior Minister of State, Ministry of Communications and Information. An AIDA Talent Consortium (please refer to Annex A for the Consortium members) has been set up for key financial institutions (FIs) and training institutions to collaborate on the talent development programme. 

  • eCommerce Transactions To Reach $8 Trillion By 2027, As Emerging Markets Drive 51% Growth: Juniper Research

    Date 22/05/2023

    A new study from Juniper Research, the foremost experts in payments, illustrates how today’s $5.3 trillion eCommerce market will continue to expand rapidly; driven by increased usage in developed markets, and significant adoption in emerging markets. As eCommerce continues to outperform brick-and-mortar retail, new and evolving payment systems will enable much greater access to the eCommerce landscape; creating significant vendor opportunities.

  • Strengthening The UAE’s Asset Management Industry: uae Securities And Commodities Authority Consults With The UAE Banks Federation To Fast Track The Growth And Enhancement Of The Industry

    Date 22/05/2023

    CEO of the Securities and Commodities Authority (SCA), H.E. Dr. Maryam Al Suwaidi, met with the General Manager of the UAE Banks Federation (UBF), Mr. Jamal Saleh, to discuss strengthening coordination and collaboration between the SCA and the UBF. The primary purpose of the meeting was to support and encourage the local asset management industry and to establish an attractive and incentive-rich environment for investment management companies and investment funds’ service providers in the UAE. This concerted effort is intended to achieve measurable progress and a quantum rise in the local asset management industry.

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