News Centre

EGX: Multiplying The Maximum Quantity Of Stocks To Be Traded Via Intra-Day Trading & Allowing More Trades On The Same Stock As Per FRA Decision

Date 25/06/2018

The Egyptian Exchange (EGX), in coordination with Misr Clearing, Depository and Registry (MCDR), has started to apply Resolution No. 96 of year 2018 that was issued by the Board of Directors of the Financial Regulatory Authority (FRA) regarding the intraday trading mechanism, which limits the maximum allowed securities to 1/1000 instead of 1/20000. It allows the customer to repeat the transaction on the same security more than once in the same session with the same value to the quantity to be sold. This aims at increasing the liquidity and volumes of trading on the stock exchange.

EBA Updates Its Guides On Supervisory Data

Date 25/06/2018

ESMA Publishes Responses To Its Consultation On Amendments To The EMIR Clearing Obligation Under The Securitisation Regulation

Date 25/06/2018

The European Securities and Markets Authority (ESMA) has published the responses received to its Consultation on amendments to the EMIR Clearing Obligation under the Securitisation Regulation.

EBA Publishes Opinion To Hasten The Preparations Of Financial Institutions For Brexit

Date 25/06/2018

The European Banking Authority (EBA) published today an Opinion relating to the risks posed by lack of preparation by financial institutions for the departure of the UK from the EU. In this Opinion, the EBA asks Competent Authorities to ensure that financial institutions take practical steps now to prepare for the possibility of a withdrawal of the UK from the EU with no ratified Withdrawal Agreement in place, and no transition period. 

Mandatory Notification Of Trades - Oslo Børs VPS Holding ASA

Date 25/06/2018

In connection with a monthly share savings plan for employees of subsidiaries, Oslo Børs VPS Holding has sold a total of 3151 shares. New holding is 13642 shares. Employees paid a share price of NOK 117 per share, but were allowed a discount of 20% on purchases up to NOK 1250.

CNMV, BME And Financial Institutions Join Forces To Innovate With Blockchain

Date 25/06/2018

• The pilot test conducted has shown that it is possible to reduce by more than 70% the time needed to register the issuing of warrants, thus improving efficiency and ensuring the security of the process
• Banco Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have collaborated with CNMV and BME to carry out this initiative 
  

ETFGI Reports ETFs And ETPs Listed In The US Gathered $31.58 Bn US Dollars In Net Inflows During May 2018

Date 25/06/2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in the US gathered US$31.58 Bn net inflows during May 2018.

BME: TIER 1 Technology To Start Trading On MAB Tomorrow

Date 25/06/2018

The Board of Directors of MAB has approved the listing of TIER1 TECHNOLOGY on the BME’s growth market, MAB, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

FSB Assesses Financial Vulnerabilities And Takes Stock Of Actions Under Its 2018 Workplan

Date 25/06/2018

The Financial Stability Board (FSB) Plenary met in Basel today to discuss risks and vulnerabilities from market developments in the global financial system and progress against its 2018 workplan for delivery to the Argentine G20 Summit in November.

Moscow Exchange Launches US 500 Index Futures

Date 25/06/2018

Moscow Exchange launched US 500 Index Futures. The underlying asset for US 500 Index Futures is the Solactive US Large Cap Index, a benchmark mirroring the performance of the 500 largest US companies.