News Centre

ECB Publishes ELA Agreement

Date 19/06/2017

• Publication further increases transparency regarding ELA rules and procedures
• ELA agreement specifies the rules applying to the provision of ELA and the role of the Governing Council of the ECB
• Publication replaces the ELA procedures document

Plato Partnership: Buy-Side Trading Firms Need To Change Trading Behaviours For Smooth MiFID II Process

Date 19/06/2017

Plato Partnership, the not-for-profit industry company, has published its first piece of academic research through its Market Innovator (MI3), the body created to facilitate independent market structure research in partnership with leading academics around the world. It will produce research that will promote efficient markets and appropriate market structures for the benefit of all market participants.

Abacus Group Enhances Client Portal For Alt Asset Managers - Upgrades Include Unprecedented Transparency Into Managed Services Provided By Abacus

Date 19/06/2017

Abacus Group, a leading provider of hosted cloud IT solutions for alternative asset funds, today announced that it has enhanced its Abacus Client Portal, which gives asset managers greater control of and transparency into their AbacusFLEX cloud services.

ESMA Consults On Draft Standards For Trading Obligation For Derivatives Under MiFIR

Date 19/06/2017

The European Securities and Markets Authority (ESMA) has published today a consultation paper regarding its draft technical standards specifying the trading obligation for derivatives under the Markets in Financial Instruments Regulation (MiFIR).

Redline’s Support For New Binary Multicast Feed - Enhances Best Execution In FX Trading

Date 19/06/2017

Redline Trading Solutions, the premier provider of high-performance market data and order execution systems for automated trading, today announced a new InRush™ feed handler for the next-generation binary multicast feed now being rolled out for foreign exchange trading on the Thomson Reuters FX Matching™ platform. 

Abu Dhabi Global Market Implements Approved Changes & Enhancements To Funds Structure & Offerings

Date 19/06/2017

In response to Consultation Paper No. 1 of 2017, Abu Dhabi Global Market (ADGM) received supportive feedback from the public and industry participants during the consultation period to the proposed enhancements of the ADGM’s legislative framework, including the regulations and rules in relation to funds.  The Board of Directors of the ADGM have thus enacted and published changes to numerous ADGM regulations and rules, as more particularly described in the Consultation Paper. These changes are part of ADGM’s ongoing commitment to align with international best practice and to provide a fair, well-regulated and internationally-recognised platform that meets the needs of its markets.

Cyber Attacks: EU Ready To Respond With A Range Of Measures, Including Sanctions

Date 19/06/2017

The Council agreed to develop a framework for a joint EU diplomatic response to malicious cyber activities, the cyber diplomacy toolbox.

Al-Mawared Amman Stock Exchange Weekly Report, June 19. 2017

Date 19/06/2017

Jordanian stocks fall for 2nd week

• The ASE General Index continued to shed more points this week amid depressed volumes as financials continued to weigh on the market. Cairo Amman Bank (CABK, -6.06%), Bank of Jordan (BOJX, -1.81%), and The Housing Bank for Trade & Finance (THBK, -1.65%) were among the biggest losers in the banking sector. On the other hand, Arab Bank (ARBK) shares helped partly offset broader market losses after advancing by 1.02% during the week. The general index closed the week at 2156.8 points, down by 7.4 points or 0.34% WoW. 
• On the sectoral front, all sector indices closed the week in red except for the real estate (+1.18%) and industrial (+0.39%) sectors with the banking sector recording the biggest loss of 0.7% for week. 
• Jordanians were net sellers while Arabs and foreigners were net buyers. 
• Institutions were net buyers while retail investors were net sellers.

Luxembourg Stock Exchange: International Investors Get Easier Access To Chinese Green Bonds

Date 19/06/2017

• The Luxembourg Stock Exchange (LuxSE) tightens its partnership with the Shanghai Stock Exchange (SSE).
• The exchanges signed an agreement to launch a green bond index that synchronously displays quotes in China and Europe.
• The new index series tracks the performance of Chinese green bonds in Renminbi and used to finance environmentally-friendly projects.

Hong Kong's Securities and Futures Commission Suspends Former Responsible Officer Of iSTAR International Futures Co. Limited For Six Months

Date 19/06/2017

The Securities and Futures Commission (SFC) has suspended Mr Wu Biwei, former responsible officer (RO) and managing director of iSTAR International Futures Co. Limited (iSTAR), now known as Rifa Futures Limited (Rifa), for six months from 16 June 2017 to 15 December 2017.