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  • The Low Level Of Global Real Interest Rates, Federal Reserve Vice Chairman Stanley Fischer At The Conference To Celebrate Arminio Fraga’s 60 Years, Casa Ds Garcas, Rio De Janeiro, Brazil

    Date 31/07/2017

    I am very happy to be participating in this conference celebrating Arminio. My tenure at the International Monetary Fund overlapped with the first two and a half years of Arminio's time as president of the Central Bank of Brazil, and in our capacities at the time, we had frequent opportunities to interact and converse. Of course, I watched with admiration the remarkable management of the economy by the Malan-Fraga team in the run-up to the election that brought Lula to power. In particular, Arminio and his Central Bank team's management of the exchange rate--which at one point reached 3.95 reais per dollar--was masterly and put in place a sound foundation for that essential part of Brazil's economic machinery in the years that followed.

  • Vienna Stock Exchange Launches Next-Generation T7 Trading Technology

    Date 31/07/2017

    The Vienna Stock Exchange is opening up a new dimension in electronic trading in Austrian and international stocks today. After having run the exchange for 17 years on the Xetra system, the Vienna Stock Exchange is now going live with the T7 trading system, the most cutting-edge global trading technology. The system is provided by VSE's technology partner, Deutsche Börse, which has been operating it on the German market since the beginning of July.

  • Intercontinental Exchange To Launch New London Silver Daily Futures Contract - Facilitates Central Clearing For The LBMA Silver Price Auction

    Date 31/07/2017

    Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that ICE Futures U.S. plans to launch a new London Silver Daily Futures contract on September 5, 2017, pending regulatory review. The contract offers physical delivery of unallocated silver held in a London Precious Metals Clearing Limited vault.

  • ETFGI Reports Assets Invested In Active ETFs/ETPs Listed Globally Have Increased 30.5 Percent In The First Half Of 2017

    Date 31/07/2017

    ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in active ETFs/ETPs listed globally have increased by 30.5% in the first half of 2017, according to ETFGI’s June 2017 global active ETF and ETP industry insights report an annual paid for research subscription service. 

  • The Saudi Arabia Capital Market Authority (CMA) Licenses Moody's Investors Service Middle East Limited

    Date 31/07/2017

    As part of CMA's responsibility to supervise, regulate, and develop credit rating activities in the Kingdom, further to its announcement dated 21/9/1436H corresponding to 8/7/2015G, regarding the CMA starting receiving applications to conduct credit rating activity and based on the related provisions set out in the Credit Rating Agencies Regulation, the CMA Board of Commissioners has  issued its resolution authorizing " Moody's Investors Service Middle East Limited " to conduct credit rating activities in the Kingdom. 

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