News Centre

Galaxy Derivatives Company Deploys Itiviti’s Solution For Options Market Making In China

Date 28/05/2018

Itiviti and ULLINK, the recently merged market-leading global provider of multi-asset trading technology and financial infrastructure, today announced that Galaxy Derivatives Company (GDC) has implemented Itiviti’s trading solution for options market making on Zhengzhou Commodity Exchange (ZCE) and Dalian Commodity Exchange (DCE).

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 27/05/2018

To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here.

Tadawul Announces The Commencement Of Implementing The New Mechanism For Opening And Closing Price Calculation In The Main Market And Nomu Parallel Market Starting From Today

Date 27/05/2018

Reference to the Saudi Stock Exchange (Tadawul) announcement published on 21/5/2018 regarding implementing the auction mechanism to calculate the closing price instead of the current Volume Weighted Average Price (VWAP), and enhancing the current mechanism to calculate the opening price, Tadawul announces that implementing the new opening and closing price calculation mechanisms for both the Main Market and Nomu – Parallel Market shall commence today Sunday 27/5/2018.

ADGM And KPMG LG Announce Launch Of The Second Annual FinTech Abu Dhabi Innovation Challenge - Participating UAE Institutions Will Work With Startups To Co-Develop Prototype Fintech Solutions In Response To Specific Business Needs - KPMG LG Intends To Set Up Its Innovation Platform --- KPMG Digital Village --- In ADGM, The First Such Presence Outside Singapore - 2018 FinTech Abu Dhabi Summit Will Be Held On 17 September At Fairmont Bab Al Bahr, Abu Dhabi

Date 27/05/2018

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and KPMG Lower Gulf Limited “KPMG LG” are pleased to launch the second edition of FinTech Abu Dhabi Innovation Challenge (the Challenge) and push ahead with efforts to drive innovation in the financial services industry.

CFTC To Hold An Open Commission Meeting On June 4

Date 25/05/2018

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo announced today that the CFTC will hold an open meeting on Monday, June 4, 2018 at 9:30 a.m. to consider the following: 

• Final Rule: Indemnification (Amendments to the Swap Data Access Provisions of Part 49 and Certain Other Matters)
• Proposed Rule: Volcker Rule (Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds)
• Proposed Rule: De Minimis Exception (Amendments to Swap Dealer Registration De Minimis Exception)
• Establishment of Subcommittees for the CFTC Technology Advisory Committee.

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MIAX Options - Rule Change Notice – Approval For FINRA Arbitration Rules 12600, 12800, 13600 And 13800

Date 25/05/2018

FINRA received approval to amend FINRA Rules 12600 and 12800 of the Code of Arbitration Procedure for Customer Disputes and FINRA Rules 13600 and 13800 of the Code of Arbitration Procedure for Industry Disputes to amend the hearing provisions to provide an additional hearing option for parties in arbitration with claims of $50,000 or less, excluding interest and expenses. 

CFTC Commitments Of Traders Reports Update

Date 25/05/2018

The current reports for the week of May 25, 2018 are now available.

Autorité Des Marchés Financiers: Call For Candidates, Distribution Practices Advisory Committee

Date 25/05/2018

As announced on May 17, 2018, the Autorité des marchés financiers (the “AMF”) is seeking candidates to serve on an advisory committee that will examine the practices of representatives pursuing activities under the Act respecting the distribution of financial products and services (the “Distribution Act”).

Banking: European Council, Council Of The European Union, Agreement On Measures To Reduce Risk

Date 25/05/2018

On 25 May 2018, the Council agreed its stance on a package of measures aimed at reducing risk in the banking industry.

Ministers asked the presidency to start negotiations with the European Parliament as soon as the Parliament is ready to negotiate.

Athens Exchange Group: Changes In The Composition Of ATHEX Indices

Date 25/05/2018

Following the transfer of the shares of the company «AEOLIAN INVESTMENT FUND S.A. » from Main Market to Surveillance Category, the following changes will take place in the composition of the indices that the shares of the company participate.