News Centre

EGX Reviews EGX30 Index Methodology

Date 19/01/2021

The Egyptian Exchange (EGX) reviewed EGX30 methodology to maintain its stability and investment attractiveness and contribute further to improving the relative distribution of companies within the index.

CME Group Achieves Record International Average Daily Volume Of 5.2 Million Contracts In 2020, Up 8 Percent From 2019

Date 19/01/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it achieved record international average daily volume (ADV) of 5.2 million contracts in 2020, up 8 percent from 2019.  This record, reflecting all trading done outside North America, was driven largely by growth in Equity Index and Agricultural products, up 85 percent and 28 percent respectively. 

EGX Approves Second Review Of Certified Advisors Of Its SMEs Market

Date 19/01/2021

The Egyptian Exchange’s Board of Directors approved second review of Nominated Advisors of the Egyptian SMEs Market.  The new list includes 11 companies.  5 companies were delisted and 8 were suspended.

Bitfinex Borrow Adds Cardano (ADA) As Collateral

Date 19/01/2021

Bitfinex, a state-of-the-art digital token trading platform, has added Cardano (ADA) as collateral on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal.

ETFGI Reports Assets Invested In ETFs And ETPs Listed In Europe Reached A New Milestone Of US$1.28 Trillion At The End Of 2020

Date 19/01/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that assets invested in ETFs and ETPs listed in Europe reached a new milestone of US$1.28 trillion at the end of 2020.  Assets invested in the European ETFs/ETPs industry increased by 24.5% in 2020. During December ETFs and ETPs listed in Europe reported net inflows of US$27.17 billion, bringing year-to-date net inflows to US$119.93 billion which is less than the US$125.18 billion in net inflows gathered in 2019, according to ETFGI's December 2020 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Zürcher Kantonalbank, Clearstream And FundsDLT Process Blockchain-Based Fund Transactions

Date 19/01/2021

Zürcher Kantonalbank (ZKB) and Deutsche Börse’s post-trade services provider Clearstream successfully processed their first live blockchain-based end-to-end fund transactions, using FundsDLT, a decentralised platform for fund transaction processing. Hereby, the overall processing time for an investor order was reduced from several hours to only a few minutes.

DigiFinex Joins CoolBitX’s Sygna Alliance To Comply With FATF Travel Rule And Singapore Crypto Regulations

Date 19/01/2021

DigiFinex, a world-leading digital assets trading platform, has joined the Sygna Alliance as the 25th member and completed the integration of CoolBitX’s market-ready compliance solution, Sygna Bridge. The Sygna Alliance consists of a consortium of Virtual Asset Service Providers (VASPs) across the APAC region, most of which have commenced internal testing and implementation of the Sygna Bridge solution. 

AFME: Equity And Hybrid Markets Hold Solution To European COVID-19 Corporate Recapitalisation

Date 19/01/2021

A report by the Association for Financial Markets in Europe (AFME) and PwC reveals that an equity shortfall of up to €600bn threatens Europe’s economic recovery despite the significant public support measures and private capital made available across Europe to support economies during the pandemic. AFME calls on the European Commission and members states to introduce measures to bolster Europe’s equity and hybrid markets and expand funding avenues for businesses, further enabling Europe’s economic recovery

Shanghai International Energy Exchange Has Released Its Circular On The Whole Market Test Of Trading System

Date 19/01/2021

Shanghai International Energy Exchange has released its Circular on the Whole Market Test of Trading System as follows: 

To whom it may concern:

Shanghai International Energy Exchange (INE) plans to conduct its whole market test on January 23, 2021 (Saturday). Please refer to the enclosed Trading System Test Guide for reference.

Morgan Stanley Top M&A Financial Adviser In Asia-Pacific For 2020, Finds GlobalData

Date 19/01/2021

Morgan Stanley emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in Asia-Pacific for 2020, having advised on 57 deals worth US$142.6bn. A total 7,621 M&A deals were announced in the region during 2020, marking a 15.6% increase over the 6,594 deals announced in 2019, reveals GlobalData, a leading data and analytics company.