News Centre

OCC Cleared Contract Volume Up 15 Percent In July

Date 01/08/2018

• Equity options volume up 20 percent in July
• Average equity daily volume up 23 percent year-to-date
• Securities lending activity up 19 percent in July and 22 percent year-to-date

State Street Comments On Federal Open Market Committee Meeting

Date 01/08/2018

In reaction to today’s US Federal Open Market Committee (FOMC) meeting, Lee Ferridge, head of Multi-Asset Strategy, Americas at State Street Global Markets; Antoine Lesné, head of EMEA strategy and research for SPDR ETFs; and Sophia Ferguson, senior portfolio manager for active fixed income and currency at State Street Global Advisors, offer their views.

Federal Reserve Issues FOMC Statement

Date 01/08/2018

Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2 percent. Indicators of longer-term inflation expectations are little changed, on balance.

MGEX Open Interest Up Twenty Percent From A Month Ago

Date 01/08/2018

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports that open interest was 74,253 contracts as of yesterday’s close, which is twenty percent higher from June 29th.  

DIFC Courts And Smart Dubai Launch Joint Taskforce For World’s First Court Of The Blockchain

Date 01/08/2018

• Preliminary work to explore activation of cross-border enforcement of legal judgments through the blockchain
• Future research to focus on building dispute resolution mechanisms into the blockchain
• Partnership to reinforce the Dubai Blockchain Strategy 2020

US Treasury Announces Guidance On One-Time Repatriation Tax On Foreign Earnings

Date 01/08/2018

The United States Department of the Treasury today announced the release of proposed regulations relating to the section 965 transition tax, on U.S. multinational companies’ overseas income, which is being repatriated under section 965 of the Tax Cuts and Jobs Act.  The proposed guidance affects U.S. shareholders with direct or indirect ownership in certain specified foreign corporations, as defined in the new tax code provision.

Upper Tribunal Upholds UK Financial Conduct Authority Decision To Fine And Ban Chief Executive of TailorMade Independent Limited, Alistair Burns

Date 01/08/2018

On 31 July 2018, the Upper Tribunal upheld the Financial Conduct Authority’s (FCA) decision to prohibit Alistair Burns, Director and CF1 of TailorMade Independent Limited (TMI) from performing any FCA significant influence or senior management function, on the basis of his fundamental lack of competence and capability to perform such functions. 

The Saudi Arabia Capital Market Authority Announces The Publication Of The Draft Instructions For The Foreign Strategic Investors' Ownership In Listed Companies For Public Consultation

Date 01/08/2018

In pursuance of the Capital Market Authority ("CMA") strategic objectives to develop the capital market and to expand the institutional investments base, and in line with the Saudi Arabia’s Vision 2030, and based on the Capital Market Law issued by the Royal Decree Number (M/30) Dated 2/6/1424H, the CMA Board has issued its Resolution to publish the Draft Instructions for the Foreign Strategic Investors' Ownership in Listed Companies "draft instructions", to obtain the views of public, specialists and interested parties for a period of (30) calendar days ending on 20/12/1439H corresponding to 31/08/2018G.

Qatar’s Index Delivers Highest Return Amongst Emerging And Developed World Markets In 2018

Date 01/08/2018

QSE Index broke pre-blockade levels & market recorded significant increases in market capitalization and trading volumes

Financial Statements Of The Second Quarter 2018 For Companies Listed At The Amman Stock Exchange (ASE)

Date 01/08/2018

The Chief Executive Officer of the Amman Stock Exchange (ASE) Mr. Nader Azar, said that (182) companies or (99%) of the companies are required to provide the ASE with their quarterly reports Until the end of date 31/7/2018, have provided the ASE with their reviewed reports for the period ended 30/6/2018 during the specified period in the Directives for Listing Securities, This high percentage reflects the high compliance of the listed companies with the laws and regulations in force, and the high commitment of such companies to the principles of transparency and disclosure.