News Centre

TIM Group Bolsters Size Of Us Offices With Three New Hires - Three New Hires Reinforce TIM Group’s Presence In The US Market And Pave The Way For Further Expansion In The Region - Jay Goldenstein, Christopher Kleparek And Austin Mueller Join The Team To Support Increased Client Demand For Predictive Analytics

Date 22/08/2016

TIM Group, a global provider of software, services and platforms for institutional investors to achieve market-beating returns, has recruited three further members to work in its New York office, to increase its footprint in a key market and to continue to support its US clients.

Nigerian Stock Exchange And Bloomberg Set To Hold 2nd CEO Roundtable - With The Theme ““Navigating The Changing Business Landscape In Nigeria”

Date 22/08/2016

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st  August 2016 at the Stock Exchange House, Marina, Lagos.

DIFC Establishes Wealth Management Working Group

Date 22/08/2016

The Governor of the DIFC, HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to consider the enhancement of DIFC as a wealth management provider and succession planning platform for GCC families, as well as deepening the DIFC’s core offering to the international wealth management community.

Thai Alternative Bourse's Listed Firms Reports Upbeat Q2 Earnings

Date 22/08/2016

• Q2 net profits worth THB 2.33 billion, 25.35 pct rise from a year earlier
• Total sales up 1.65 pct y-o-y at THB 33.41 billion
• Cost control helped boost gross profit margins to 25 pct
• Financials, Services, Consumer Products and Resources among top performer industry groups

Extension Of Authorisation Of The Clearing House KDPW_CCP

Date 22/08/2016

The Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of 9 August 2016. KNF’s decision allows KDPW_CCP to offer new services: the clearing of EUR-denominated instruments in organised trading (exchange market and ATS) and in OTC trade(interbank market), as well as the clearing of PLN-denominated OTC debt instruments. The extended authorisation of the clearing house allows it to accept collateral in EUR, including both cash and bonds.

Bats Europe Encourages Industry Harmonisation For MiFID II Requirement For Order Record Keeping - MiFID II Compliant Record Keeping Process And Algorithm Testing Enhancements Now Available For Participant Testing On Bats Europe

Date 22/08/2016

Bats Europe (Bats), the region’s largest stock exchange operator, has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements to facilitate further user testing of their algorithms.

Source Overweights European Equities Despite Negative Sentiment

Date 22/08/2016

The Research team at Source favours European equities over those of the US and holds a maximum overweight to the Eurozone in the Source Multi-Asset Portfolio (a model portfolio).

Abu Dhabi Securities Exchange (ADX) Partakes In China Investment Conference 2016

Date 22/08/2016

• Al Balooshi: 7 Billion Dirhams of institutional and foreign investments in ADX during the first 6 months of 2016
•  The United Arab Emirates (UAE) and China have exceptional relationships and the commercial exchange between the two nations exceeds 257 billion dirhams
• The United Arab Emirates (UAE) is considered a key player in the implementation of the Chinese Silk Road Economic Belt initiative.
• The Chinese investors’ trading activities in ADX have reached 600 million dirhams within a two year period.

US Federal Reserve Vice Chairman Stanley Fischer, At The "Program On The World Economy" A Conference Sponsored By The Aspen Institute, Aspen, Colorado, August 21, 2016, Remarks On The U.S. Economy

Date 21/08/2016

The Fed's dual mandate aims for maximum sustainable employment and an inflation rate of 2 percent, as measured by the price index for personal consumption expenditures (PCE). Employment has increased impressively over the past six years since its low point in early 2010, and the unemployment rate has hovered near 5 percent since August of last year, close to most estimates of the full-employment rate of unemployment. The economy has done less well in reaching the 2 percent inflation rate. Although total PCE inflation was less than 1 percent over the 12 months ending in June, core PCE inflation, at 1.6 percent, is within hailing distance of 2 percent--and the core consumer price index inflation rate is currently above 2 percent.

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

Date 21/08/2016

The total value of shares traded for the week  ending 18 August 2016 amounted to SAR 15.05 billion, decreasing by 0.70% over the previous week; while total stock market capitalization reached SAR 1,444.50* billion at the end of this period, decreasing by 1.44% over the previous week.