News Centre

UK Finance Responds To Bank Of England And FCA Updates On Transition Period

Date 28/03/2018

Responding to the Bank of England and Financial Conduct Authority’s updates today on their regulatory approach to the transition period that forms part of the UK’s Withdrawal Agreement with the EU, UK Finance Chief Executive Stephen Jones said:

“Today’s announcements from the Bank of England and Financial Conduct Authority provide much-needed clarity around the transition arrangements. Both have taken a pragmatic approach to the authorisation of EEA firms and funds operating in the UK that make a significant contribution to our economy.

“The impetus is now on EU regulators to follow suit, and for both sides to work together on cross-border models of supervision that businesses on both sides of the Channel can rely on throughout the implementation period. Without similar assurances from EU regulators, UK-based firms serving customers in the EU will be forced to continue implementing costly contingency plans.”

Thomson Reuters First-Quarter 2018 Earnings Announcement And Webcast Scheduled For Friday, May 11, 2018

Date 28/03/2018

Thomson Reuters (NYSE, TSX: TRI) announced today that its first-quarter 2018 earnings will be issued via news release on Friday, May 11, 2018.

JonesTrading Expands Derivatives Trading Services - Industry Veteran David O’Shaughnessy Joins The Firm

Date 28/03/2018

JonesTrading Institutional Services LLC (“JonesTrading”) announced today that it continues recruitment of top industry talent as the firm grows, naming David O’Shaughnessy as Managing Director in its Derivatives Trading Group. Mr. O’Shaughnessy is an industry veteran, bringing over 15 years’ experience and expertise to the team. He will be based in New York and report to Jeff Micsky, Head of Global Derivatives.

TASE Is Launching For The First Time Series Of Long-Dated TA-35 Index Futures

Date 28/03/2018

Tomorrow (March 29, 2018), the Tel-Aviv Stock Exchange (TASE) is launching series of long-dated TA-35 index futures.

BME: SERRANO 61 DESARROLLO SOCIMI Receives Favourable Report From MAB

Date 28/03/2018

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on SERRANO 61 DESARROLLO SOCIMI, stating that it is eligible for admission to BME’s Growth Market (MAB) following a thorough review of all the information presented by the company.

Al Mawared Successfully Closes Capital Raise For Madfooatcom

Date 28/03/2018

Click here to download Al Mawared Brokerage's latest Flash Note - Al Mawared Successfully Closes Capital Raise for Madfooatcom.

Quant Insight Augments Quantitative Macro Analysis With Predata Geopolitical Predictive Risk Signals - First Of Kind Offering Enables Investors To Anticipate, Holistically View And Prepare For The Risk Of Geopolitical Events And Market Moves To Optimize Their Global Macro Strategies

Date 28/03/2018

Quant Insight, the London-based macro analytics firm, and Predata, the New York-based predictive analytics platform, today announced a new strategic partnership whereby Predata will add its global geopolitical risk signals to Quant Insight’s quantitative macro analyses framework and processes to give institutional investors and traders anticipatory insight to help optimize investments and quantify trades on assets that incorporate political risk.

Dubai Financial Market - Endorsement Of 5% Cash Dividend Equivalent To AED 400 Million: DFM Company Shareholders Approve 2017 Financial Statements - Ratification Of A Special Resolution On Reorganizing The DFM, Establishing Independent Companies For Trading, Clearing And Depository Activities

Date 28/03/2018

The shareholders of Dubai Financial Market Company (PJSC) have approved the Balance Sheet and Income Statement for the financial year ending 31 December 2017, during the Annual General Meeting held on Wednesday, 28 March 2018. The DFM Company shareholders ratified the Board of Director’s report on the company’s performance and its financial position for the fiscal year ending 31 December 2017, the external auditor’s report as well as the Fatwa and Sharia’a Supervisory Board’s report.

Starting On May 1, 2018 – Incentive Program To Encourage Liquidity - As Part Of The Program, Which Is The First Of Its Kind, TASE Will Transfer 30% Of The Revenue Increase In The Trading Volume Of Derivatives To Market Participants That Join The Program - The Program Has Also Been Approved By The Israel Securities Authority

Date 28/03/2018

TASE announced today that the incentive program to encourage Liquidity in TA-35 Index Derivatives will start on May 1, 2018.  The program also been approved by the Israel Securities Authority (ISA). The new incentive program is based on widely used programs that are in operation at the world’s leading derivative exchanges and focuses on the major market participants who contribute to liquidity in TA-35 Index derivative trading.

UK's Financial Conduct Authority Statement On EU Withdrawal Following The March European Council

Date 28/03/2018

The Financial Conduct Authority (FCA) welcomes the agreement reached on the terms of an implementation period that will apply following the UK’s withdrawal from the European Union.