Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Members Exchange Closes Strategic Financing Round With Five New Investors, Including Blackrock - Wells Fargo, Flow Traders, Manikay Partners, And Williams Trading Also Invest, Bringing Total Raised In Round To More Than $65 Million

    Date 12/05/2020

    Members Exchange (MEMX), a market operator founded by members to benefit all investors, announces strategic financing from BlackRock, Wells Fargo, Flow Traders, Manikay Partners, and Williams Trading, closing the round with more than $65 million raised. The amount invested since inception now exceeds $135 million.

  • ENERSIDE ENERGY Joins BME’s Pre-Market Environment

    Date 12/05/2020

    • It joins the Growth Segment, aimed at companies with longer track records
    • With this addition, already 17 companies are part of this BME initiative aimed at helping start-ups and SMEs to familiarise themselves with the capital markets

  • Amman Stock Exchange: The ASE Index Quarterly Review

    Date 12/05/2020

    Mr. Mazen Wathaifi the Chief Executive Officer of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE index constituents in purpose of ensuring that the ASE General Price Index reflects the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies using the full market capitalization of the companies and the number of trading days during last quarter. In light of the suspension of trading at the ASE based on the decision issued by the Prime Minister and the inability in light of this to implement the ASE periodic quarterly review of the content of the sample of the ASE General Index of Stock Prices selected from the listed companies traded at the ASE, the review of the Index sample was performed in the first week after resuming trading on the exchange instead of March.

  • Reminder Announcement By The Saudi Stock Exchange (Tadawul) With Respect To Suspend Calculation Of The Parallel Market Index (NOMU)

    Date 12/05/2020

    With reference to the Saudi Stock Exchange (Tadawul) announcement dated 21/08/1441 H corresponding to 14/04/2020 G, regarding the adjustment of the capping threshold of the issuer weight in the Parallel Market Capped Index (NomuC) and suspend calculation of the Parallel Market Index (NOMU).

  • COVID-19 Market Research: Looking Beyond The Storm, By Christopher Dembik, Head Of Macroeconomic Research At Saxo Bank

    Date 12/05/2020

    Conclusion

    • An unprecedented crisis: Almost 100% of businesses are affected by the COVID-19 outbreak vs 60% in a « normal » recession. 
    • Main downside risks to growth (from U-shaped recovery to L-shaped recovery): Weak global aggregate demand (hysteresis effect), tourism not back to normal before 2021-22 (more than 15% of direct GDP contribution in Spain, Portugal and Greece), wave of bankruptcies in the service sector. 
    • New policy innovations: MMT, monetization, UBI to address social discontent and higher unemployment, YCC – Yiel Curve Control to limit the appreciation in interest rates. 
    • Regime shift back towards the 1950s: Big government and ultra-loose monetary policy (“lean against the wind” monetary policy). Long-term risk: higher inflation amplified by de-globalisation forces, debt monetization and the redirection of value chains. 
    • Higher taxation everywhere
    • Governments will stop using nominal GDP and will refer to wellbeing indicators.