News Centre

Coca-Cola European Partners Celebrates First Day Of Trading On Euronext

Date 31/05/2016

Coca-Cola European Partners (ticker symbol: CCE), a major European fast-moving consumer goods company and the world’s largest independent Coca-Cola bottler based on net sales, began trading today on the Amsterdam and London markets of Euronext.

Stock Markets Steering Committee Of Hellenic Exchanges, Athens Stock Exchanges

Date 31/05/2016

The Stock Markets Steering Committee, during today's session, approved the application of price fluctuation limits of ±10%, for June 2016, for the low turnover velocity Stocks of the Main Market (monthly average velocity of last month less or equal to 0.01%) presented in Table 1, according to the ATHEX Board Decision 22.

SEC: Investment Banker And Plumber Charged With Insider Trading

Date 31/05/2016

The Securities and Exchange Commission today announced insider trading charges against an investment banker and his close friend, a plumber who allegedly helped remodel his bathroom and put cash in his gym bag in return for illicit tips about upcoming mergers and acquisitions.

Finansinspektionen’s Response To Proposed New Requirement For Banks To Ensure Effective Crisis Managment

Date 31/05/2016

The newly implemented Resolution Act introduces new rules and requirements, including requirements about loss absorbing liabilities. In its response to the Debt Office’s proposal, FI says it is important that such new rules and requirements are consistent with Finansinspektionen’s (FI) supervision and the currently applicable capital requirements.

Qatar Stock Exchanges Stresses The Importance Of Disclosure And Transparency For Investors And The Financial Market

Date 31/05/2016

Qatar Stock Exchange (QSE) today held the 2nd Annual Consultative Meeting on Disclosure Procedures with the participation of representatives from the Qatar Financial Markets Authority (QFMA) and the Qatar Central Securities Depository (QCSD), and the presence of representatives from various listed companies.  The meetings aimed to promote cooperation and coordination between communication officers of the listed companies and the QFMA, QCSD, and QSE for the best interest of investors through exchanging views and listening to suggestions from the participants in order to overcome the difficulties encountered in the application of the best disclosure practices in the market

Thomson Reuters Survey Reveals More Than Half Of Financial Institutions Are Concerned About Reputational Risks Of FATCA & CRS Non-Compliance

Date 31/05/2016

More than 50 percent of senior executives from multinational financial firms are concerned non-compliance with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) mandates could affect the reputations of their institutions.

ACER Finds Still Contractual Congestion In European Gas Networks

Date 31/05/2016

Contractual congestion, a situation where firm capacity demand exceeds the technical capacity, has been detected at 17% of the entry and exit sides at interconnection points across the EU. The Agency’s Annual Congestion Report published today, includes a list specifying at which sides of interconnection points a certain congestion management procedure (the so-called Firm Day-Ahead Use-It-Or-Lose-It mechanism) will have to be applied from 1 July 2016. Access to the report and find out more here.

EBA And EIB Discuss Opportunities And Challenges Of Synthetic Securitisation In The Banking Sector

Date 31/05/2016

On 31 May 2016, the European Banking Authority (EBA) and the European Investment Bank Group (European Investment Bank and European Investment Fund) hosted a seminar to discuss opportunities and challenges on the role and potential use of credit guarantees and synthetic securitisation in the banking sector. 

IISL Index Dashboard For The Month Ended May 2016

Date 31/05/2016

Summary:

• Nifty 50 closed at 8160.10 as on May 31, 2016, an increase of 310.30 points (3.95%) as against 7849.80 as on April 29, 2016.
• The free float market capitalization of Nifty 50 index was USD 444.30 Bn. as on May 31, 2016 as against USD 430.84 Bn. as onApril 29, 2016. The free float market capitalization of Nifty Next 50 index was USD 79.00 Bn. as on May 31, 2016 as againstUSD 77.85 Bn. as on April 29, 2016.
• Most indices across all categories gained during the one month period ending May 31, 2016. Nifty Financial Services index gainedthe most (6.97%) amongst all the indices during the month whereas the Nifty Pharma index (-2.64%) was the biggest loser duringthe month.
• During the 3 month period ending May 31, 2016, the biggest gainers in their respective index categories are Nifty Smallcap 50(24.11%) in broad market index category, Nifty Tata Group 25% Cap (31.59%) in thematic index category, Nifty High Beta(22.57%) in strategy index category and Nifty Realty (40.56%) in sectoral index category.
• The biggest gainers during the 1 year period ending May 31, 2016 in their respective index categories are Nifty Midcap 150(1.87%) in broad market index category, Nifty Mahindra Group (4.45%) in thematic index category, Nifty Low Volatility 50(4.28%) in strategy index category and Nifty Media (20.19%) in sectoral index category.
• Mirae Asset Global Investments launched NIFTY 50 based Leveraged ETF in Korea and it is listed and traded on Korea Exchange(KRX) from May 13, 2016. In India, Edelweiss Mutual Fund launched Nifty Quality 30 index linked ETF which is listed andtraded on NSE from May 30, 2016.

Gulf Bank Kuwait First In Region To Use Biometrics For Digital Banking - Daon's IdentityX Platform Used To Enable Multi-modal Biometric Authenticatio

Date 31/05/2016

Daon and Gulf Bank Kuwait announced today their partnership in providing biometric authentication within Gulf Bank Kuwait's new mobile banking application. Daon's IdentityX® Platform enables Gulf Bank Kuwait's customers to seamlessly authenticate using their face and fingerprint to quickly and easily assert their identity online across multiple channels.