News Centre

DFM International Investor Roadshow In New York Delivers Strong Indication Of Growing Appetite Towards Securities Market In Dubai - The Event Attracted 24 New York-Based Funds With US$ 1 Trillion Of Assets Under Management

Date 23/10/2017

• H.E. Essa Kazim: “Roadshow gained further success due to the global reputation of the national economy, DFM’s world-class infrastructure and the diversification of its opportunities”
• DFM’s efforts to attract foreign investments raised foreign investors’ ownership from 12% of the Market Cap in 2010 to 22% in 2016
• Amit Jain: “the roadshow was an important platform to highlight Emaar’s strong fundamentals”
• Adel Al Ali: “The roadshow plays a fundamental role in supporting listed companies to attract new investment and growth opportunities”

Moscow Exchange: The Additional Trading Session Starts Later For Derivatives On 2, 9, 15, 16, 23, 27 And 30 November 2017

Date 23/10/2017

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on 2, 9, 15, 16, 23, 27 and 30 November 2017, as these are the last trading days for options contracts (in accordance with clause 7.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).

Fintech Startup, Trade Ledger, Launches World-First Tech To Help Banks Fight Off Global Tech Giants

Date 23/10/2017

Career technologists, Martin McCann and Dr. Matthias Born, are launching a world-first lending tech for banks and traditional lenders that will help to equip them against competition from tech giants such as Facebook, Tencent, and eBay wanting to enter financial services.

EquiChain To Build Ground-Breaking Cryptographic Securities Exchange

Date 23/10/2017

• EquiChain joins Abu Dhabi Global Market’s Regulatory Laboratory (‘RegLab’)
• EquiChain  launches  “EquiChain  Exchange”  (EQX),  a  proposed  Recognised Investment Exchange for regulated cryptographic equities
• This innovation creates a new asset class for investors that complies with securities regulation
• Working closely with the ADGM-FinTech team, EquiChain will now scale its EQX prototype to enterprise grade.

Management Of FOX Group Opened Trading To Mark The 15TH Anniversary Of Its TASE Listing

Date 23/10/2017

​Fox Group management rang the bell to open trading today (19 October), marking the 15th anniversary of its TASE listing.

EEX And CBEEX Enter Into Strategic Partnership For Carbon Market Development In China

Date 23/10/2017

The European Energy Exchange (EEX) and China Beijing Environment Exchange (CBEEX) signed a Memorandum of Understanding (MoU) last Friday in order to form a strategic partnership for the joint development of the Chinese carbon market.

ADX And Nasdaq Dubai Sign An Index License Agreement To Launch ADI Futures

Date 23/10/2017

• Nasdaq Dubai intends to expand its futures offering with the addition of ADI futures on its derivatives platform
• The two exchanges agree on further collaboration in market development and awareness programs for local and regional investors.

Yunnan Finance Department Continues Issuing Local Government Bonds On Shanghai Stock Exchange For The 1st Time

Date 23/10/2017

On October 19, the continuous issuance of the 2017 phases IX and XI Yunnan Provincial Government General Bonds is carried out on a trial basis on the Shanghai Stock Exchange (SSE), which marks the successfully continuous issuance of the first kind of local government bonds in China. It is a beneficial attempt of the SSE to positively cooperate with the local finance department for innovating and reforming the local government bonds issuance system according to the requirement of actively exploring to establish the continuous issuance mechanism mentioned in the “Notice of Properly Carrying out the Work of 2017 Local Government Bonds Issuance” (Cai Ku [2017] No. 59 Document) and by implementing the relevant work deployments made by the China Securities Regulatory Commission (CSRC) and the Ministry of Finance of the PRC, which contributes to taking a major step for further improving the liquidity of the local government bonds' secondary market.

TradingScreen's Majority Shareholders Renew Call For A Change In Leadership And Provide Full Evidence Of The Shareholders' Legal Actions

Date 23/10/2017

The board members and shareholders representing the majority of the common shareholders of TradingScreen renewed today their request for a change in leadership and published a summary of the main legal actions faced by TradingScreen's current management. The majority shareholder group condemns TradingScreen's temporary management's attempts to mislead the media by dismissing the very existence of litigation and trivialise the seriousness of the breaches of corporate governance described in it, as well as its unwillingness to take action contrary to its fiduciary duties. This group urges the TradingScreen Board's minority representatives, once again, to support its decision to suspend and replace Chairman Giampiero Grandi immediately with another independent board member chosen from among the highly qualified candidates proposed.

Saudi Arabian Capital Market Authority And Saudi Arabian General Investment Authority Sign Memorandum Of Cooperation

Date 23/10/2017

The Capital Market Authority (CMA) and the Saudi Arabian General Investment Authority (SAGIA) have signed a Memorandum of Cooperation (the Memorandum) to set up a collaborative framework to be followed by the CMA and  SAGIA when preparing the regulatory directives for allowing non-resident strategic foreign investors to own strategic stakes in listed companies’ share capital, a step that comes into play in light of the continuous coordination between the two bodies while taking into consideration the importance of achieving the highest level of cooperation that will serve to contribute to ensuring protection and fairness to capital market participants, and supporting the Kingdom’s investment environment in general.