News Centre

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

Date 20/11/2016

The total value of shares traded for the week  ending 17 November 2016 amounted to SAR 28.30 billion, increasing by 10.05% over the previous week; while total stock market capitalization reached SAR 1,543.22 billion at the end of this period, increasing by 1.29% over the previous week.

DFM Organizes Workshop On Best Practices Of Corporate Governance With The Participation Of 10 Listed Companies

Date 20/11/2016

• H.E. Essa Kazim: “DFM plays an active role in reinforcing awareness of the importance of Corporate Governance in achieving operational efficiency”
• H. E. Hamad Buamim: “When listed companies apply good governance, they not only protect the interest of shareholders, but the society at large”

502 Billion Dirhams Foreign & Institutional Investment In ADX For September And October

Date 19/11/2016

Foreign investors’ buy value in Abu Dhabi Securities Exchange (ADX) in October reached 1.318 billion Dirhams, representing %56.7 of total trades executed on the Exchange. Meanwhile their sell value during the same period have reached 1.220 billion Dirhams, representing %52.2 of total trades. Subsequently, the net foreign investment in ADX for October was 98 million Dirhams.

Tehran Stock Exchange: IFRS For Iranian Listed Companies

Date 19/11/2016

Based on the Securities and Exchange Organization’s recent announcement, all listed banks, credit institutes and insurance companies are required to provide their audited annual financial statements for the financial year ending 20 march 2017 both based on IFRS and national Iranian accounting standards.

Speech By Federal Reserve Governor Jerome H. Powell At "CPBS 2016 Pacific Basin Research Conference," Sponsored By The Center For Pacific Basin Studies At The Federal Reserve Bank Of San Francisco, San Francisco, California, November 18, 2016, The Global Trade Slowdown And Its Implications For Emerging Asia

Date 19/11/2016

It is a pleasure for me to return to the Center for Pacific Basin Studies here at the San Francisco Fed. The global economy is at a critical juncture today. According to the International Monetary Fund's latest World Economic Outlook, global gross domestic product (GDP) is set to grow at only 3.1 percent this year, the lowest rate of growth since the Global Financial Crisis. Investment and productivity remain subdued, despite extremely low and even negative interest rates in many economies. One key aspect of global weakness that is of particular relevance to emerging Asian economies is the sharp slowdown in global trade. This slowdown represents a notable departure from the "normal" times of the past few decades, and is the subject of my remarks today.

Statement By New York Attorney General Eric T. Schneiderman On $25 Million Settlement Agreement Reached In Trump University Case

Date 18/11/2016

Attorney General Eric T. Schneiderman issued the following statement on the $25 million settlement agreement reached in Trump University case:

In 2013, my office sued Donald Trump for swindling thousands of innocent Americans out of ​millions of dollars through a scheme known as Trump University. Donald Trump fought us every step of the way, filing baseless charges and fruitless appeal​s​ and refusing to settle for even modest amounts of compensation for the victims of his phony university. Today, that all changes. Today's $25 million settlement agreement is a stunning reversal by Donald Trump and a major victory for the over 6,000 victims of his fraudulent university."

CBOE Holdings Announces Early Termination Of Hart-Scott-Rodino Waiting Period For Bats Acquisition

Date 18/11/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR), in connection with its proposed acquisition of Bats Global Markets, Inc. (Bats: BATS).

Canadian Securities Regulators Release MFDA Oversight Review Report

Date 18/11/2016

The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Mutual Fund Dealers Association of Canada (MFDA).

FINRA Receives SEC Approval For Enhanced Price Disclosure To Retail Investors For Fixed-Income Securities

Date 18/11/2016

The Securities and Exchange Commission has approved FINRA’s proposal requiring its member firms to disclose on retail customer confirmations the “mark-up” or “mark-down” for most transactions in corporate and agency debt securities. The SEC at the same time has approved a similar proposal from the Municipal Securities Rulemaking Board, which harmonizes the requirements across the FINRA and MSRB rulebooks and eases implementation for the securities industry.

Statement Of CFTC Chairman Timothy Massad On The Announcement Of Thomas Sexton As President And CEO Of The National Futures Association

Date 18/11/2016

“I congratulate Tom Sexton on being named president and CEO of the National Futures Association (NFA). Tom brings a wealth of experience and a deep commitment to this role. We at the CFTC have a strong relationship with the NFA, and on behalf of the Commission, I wish Tom the best of luck. We look forward to continuing our close collaboration with the NFA.”