News Centre

Dubai Mercantile Exchange Auctions: November 2019 Oman Cargo Sold At Official Selling Price +$0.18

Date 01/09/2019

Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions, achieving a strong premium above the Official Selling Price (OSP) which reflects the current strength of the Middle East crude oil market, particularly in Oman.

DGCX Trades Over 3 Million Contracts In A Month For The First Time - Exchange Breaks All-Time Monthly Volumes Record For Second Consecutive Month

Date 01/09/2019

The Dubai Gold and Commodities Exchange (DGCX) in August traded over 3 million contracts in a month for the first time ever, smashing its previous record of 2.38 million contracts set in July. The 3.22 million lots traded and cleared in August were valued at USD 52.72 billion, also an all time record.

Abel Noser Brings On Doug Rivelli To Lead Brokerage Group - New President Will Leverage Company's Industry-Leading Trade Analytics To Drive Execution Services

Date 31/08/2019

Abel Noser Holdings today announced the appointment of Doug Rivelli as President of Abel Noser LLC, the company's agency-only brokerage subsidiary.  Mr. Rivelli is well-known in the investment community with over 25 years of multi-asset trading experience. Doug was a pioneer in the program and electronic trading space, as well as an early adopter of using analytics in block trading.

MIAX Options Exchange - September 1, 2019 Fee Changes

Date 30/08/2019

Effective September 1, 2019, pending SEC approval, the MIAX Options Fee Schedule will be amended.  

S&P Dow Jones Indices: Europe Dashboard

Date 30/08/2019

• British stocks weighed heavily on European equities in August, while sovereign bond yields hit new lows in several countries. 
• In a challenging month for risky assets, the S&P Europe 350® Utilities and Consumer Staples sectors benefited from a demand for more defensive exposures. 
• Switzerland was a bright spot: the region’s equities made the largest positive contribution to the S&P Europe 350, while the S&P Switzerland Sovereign Bond Index gained 4.4%.  

Royal Bank of Canada And Toronto-Dominion Bank Pay More Than $24 Million For Foreign Exchange Compliance Failings

Date 30/08/2019

The Ontario Securities Commission (OSC) today approved settlement agreements with Royal Bank of Canada (RBC) and The Toronto-Dominion Bank (TD) related to compliance failures in the banks’ foreign exchange (FX) trading businesses. These failures allowed RBC and TD FX traders to share confidential customer information in chatrooms with FX traders at competitor firms. 

SEC Monitoring Impact Of Hurricane Dorian On Capital Markets

Date 30/08/2019

The Securities and Exchange Commission is closely monitoring the impact of Hurricane Dorian on investors and capital markets.

Baton Systems Secures $12 Million Series A Led By Trinity Ventures - Funds To Accelerate Global Deployment Of Distributed Ledger Bank-To-Bank Payment Infrastructure Already Processing $12 Billion Daily

Date 30/08/2019

Baton Systems (“Baton”), a provider of high-speed, blockchain-inspired, bank-to-bank payments infrastructure, has raised more than $12 million to dramatically increase processing times and efficiencies within the $2 trillion global payments market. The Series A investment round is led by Trinity Ventures, with participation from Alsop Louie and Commerce Ventures.

NSE Indices Index Dashboard For The Month Ended August 2019

Date 30/08/2019

Click here to download the ' Index Dashboard' for the month ended August 2019. 

Nigerian Stock Exchange Weekly Market Report For August 30th 2019

Date 30/08/2019

A total turnover of  713.141 million shares worth N13.295 billion in 16,237 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.337 billion shares valued at N19.712 billion that exchanged hands last week in 18,379 deals.