News Centre

Thomson Reuters Named Benchmark Administrator & Calculation Agent For The Saudi Arabian Interbank Offer Rate (SAIBOR)

Date 21/11/2016

Thomson Reuters announced today that it was selected as benchmark administrator and calculation agent for the Saudi Arabian Interbank Offer Rate (SAIBOR). The appointment is part of an agreement with the Saudi Arabian banking industry. The arrangement is authorised by the Saudi Arabian Monetary Authority (SAMA), as part of its regulatory mandate over the banking sector, where this initiative will enhance the governance process for setting SAIBOR and will bring further transparency and reliability to the process.

Implications Of The Introduction Of V.A.T. On Businesses In The UAE Seminar

Date 21/11/2016

The Canadian Business Council (CBC) – Abu Dhabi, in cooperation with Abu Dhabi Securities Exchange (ADX) are organizing a Panel Discussion on the implications of V.A.T. on the local businesses in the UAE on the evening of Wednesday 23rd at 6:30 p.m. at Dusit Thani Hotel.

China Renaissance Goes Live With Fidessa

Date 21/11/2016

Fidessa group plc (LSE: FDSA) has today announced that China Renaissance, one of the leading investment banking, securities and investment management firms in China, has implemented Fidessa’s Asian trading platform to support the expansion of its equities business across Asia with a centralised order management and execution system.

FSB Publishes 2016 G-SII List

Date 21/11/2016

The Financial Stability Board (FSB) today published the 2016 list of global systemically important insurers (G-SIIs).

ICAP Appoints Stuart Connolly As Head Of Client Product Development For Post Trade Risk And Information

Date 21/11/2016

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has appointed Stuart Connolly as Head of Client Product Development for its Post Trade Risk and Information (PTRI) division, effective Monday 21 November. In this newly created role, Stuart will report to Jenny Knott, Chief Executive Officer for PTRI, and will be based in London.

FSB Publishes 2016 G-SIB List

Date 21/11/2016

The Financial Stability Board (FSB), in consultation with the Basel Committee on Banking Supervision (BCBS) and national authorities, today published the 2016 list of global systemically important banks (G-SIBs).

GTX Hires Edward Brown to Run Swap Execution Facility - Company To Increase Focus On Solutions As Regulation Reshapes The FX Market

Date 21/11/2016

GTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc., today announces the appointment of Edward Brown as Chief Executive Officer (CEO) of GTX SEF, LLC, a Swap Execution Facility (SEF).

ASIC Commences Civil Penalty Proceedings Against State One Stockbroking Ltd For Failure To Comply With Market Integrity Rules

Date 21/11/2016

ASIC has commenced civil penalty proceedings against State One Stockbroking Ltd (State One) in the Federal Court of Australia in Perth for failing to comply with two ASIC Market Integrity Rules (ASX Market) 2010 (MIRs), following State One's failure to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). 

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”