News Centre

CEGH To Join PEGAS Platform

Date 20/06/2016

Parisian-based Powernext SA and the Austrian Central European Gas Hub AG (CEGH) have signed an agreement to jointly develop the Austrian as well as the Central and Eastern European (CEE) gas markets. In the context of this cooperation, the Austrian CEGH Gas Exchange spot and futures contracts will be offered via the pan-European PEGAS platform and operated under the Powernext rulebook. The cooperation is subject to competition and regulatory approvals. CEGH and Powernext expect closing in Q3 2016.

Dubai Financial Services Authority Hosts Annual Supervision Outreach Session

Date 20/06/2016

The Dubai Financial Services Authority (DFSA) held its Annual Supervision Outreach Session last month to discuss key regulatory priorities and issues. The event brought together various speakers from the DFSA, the Compliance Officers Network Group (CONG), the Dubai International Financial Centre (DIFC) Authority and the DIFC Insurance Association. Over 200 participants attended the event, representing a sizeable percentage of the 418 Authorised Firms operating in the DIFC.

Eurex Clearing Enhances The Marketplace For Securities Lending Central Clearing

Date 20/06/2016

The securities lending business turns gradually into a centrally cleared segment. “The impact of regulation and the increasing cost of capital, combined with the drive for operational efficiency, support central clearing for the securities lending marketplace”, said Erik Müller, who will take over responsibility for Eurex Clearing on 1 July.

Better Corporate Governance Key To Attracting Investors To Taiwan’s Semiconductor, Biotechnology And Auto Companies, Says Taiwan Stock Exchange - More Than 400 Institutional Investors And 27 Companies Took Part In ‘Emerging Asian Industries’ Forum

Date 20/06/2016

The adoption of best practice information disclosure will be essential for attracting more investment to the promising semiconductor, biotechnology and automotive companies listed on the Taiwan Stock Exchange Corporation (TWSE).

ASIC Releases Report Highlighting Significant Failures In The Retail OTC Derivatives Industry

Date 20/06/2016

ASIC today released a report detailing the findings of a recent surveillance program and identifying some serious and widespread compliance failures in the retail over-the-counter (OTC) derivatives industry.

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

Date 19/06/2016

The total value of shares traded for the week ending 16  June 2016 amounted to SAR 18.67 billion, decreasing by 14.26% over the previous week; while total stock market capitalization reached SAR 1,514.66 billion at the end of this period, decreasing by 0.35% over the previous week.

An Announcement From Saudi Arabia's Capital Market Authority Regarding The Decision Issued By The Committee For The Resolution Of Securities Disputes (CRSD) To Convict Violators Of The Capital Market Law And Its Implementing Regulations

Date 19/06/2016

Further to the Capital Market Authority’s announcement on its website on 18/01/1436H corresponding to 11/11/2014 regarding the issuance of a CMA Board resolution to file a lawsuit before The Committee for the Resolution of Securities Disputes (CRSD) against the board members of Mohammad Al Mojil Group Company during its IPO stage and against some of the company’s executives and certified public accountants during the period from 2008 until 2011 as they have violated the Capital Market Law and its Implementing Regulations. CMA wishes to clarify to the public that on 10/09/1437H corresponding to 15/06/2016 A decision was issued by the Committee for the Resolution of Securities Disputes (The Resolution) to convict a number of the defendants for violating paragraph (A) of Article (49) of the Capital Market Law and Article (7) of the Market Conduct Regulations for conducting practices that formed manipulation and fraud and created a misleading and incorrect impression regarding the value of Mohammad Al Mojil Group Company security, which convicted them in the violations committed in the IPO's stage.

Nasdaq Dubai Welcomes Listing Of A 400 Million USD Bond By Industrial And Commercial Bank Of China

Date 19/06/2016

Nasdaq Dubai welcomed the listing today of a 400 million US dollar conventional bond by the Industrial and Commercial Bank of China (ICBC). It was the second bond to be listed by ICBC on the Middle East’s international exchange, following a 500 million US dollar listing in May 2015.

Letter From Brad Katsuyama, CEO, Investors’ Exchange LLC (IEX)

Date 18/06/2016

On behalf of the entire IEX team, I would like to sincerely thank you all for supporting us throughout our application to become an exchange. We are thrilled that the SEC has approved our Exchange Filing which puts us on track to commence a symbol-by-symbol roll-out on August 19th, concluding on September 2nd.

SEC Approves IEX Proposal To Launch National Exchange, Issues Interpretation On Automated Securities Prices - Staff Issues Guidance On Speed Bumps

Date 18/06/2016