News Centre

ABN Amro To Issue Letters Of Credit For DME Trading From Singapore

Date 25/05/2016

DME, the premier international energy futures and commodities exchange in the Middle East, announced today that ABN AMRO Bank N.V. has been approved to issue Letters of Credit (LCs) for trading on DME directly from Singapore. The approval comes after extensive joint efforts to facilitate the trading activities of DME’s and ABN AMRO’s customers in Asia.

CEO Of MSCI Visits Qatar Stock Exchange

Date 25/05/2016

Qatar Stock Exchange welcomed a delegation of MSCI executives on Thursday of last week, led by Mr. Henry Fernandez, Chairman and CEO of MSCI.  The delegation met several senior officials to understand the strategy and vision for development of capital markets in Qatar.  

Electing EGX To Be The Vice Chairman Of The Emerging Markets Committee In The World Federation Of Exchanges (WFE)

Date 25/05/2016

Given the Egyptian Exchange (EGX) ongoing support for emerging markets, the Emerging Markets Working Group (EMWG) of the World Federation of Exchanges (WFE), elected EGX to be one of the Vice Chairmen of the EMWG, for a period of two years, starting May 24, 2016.

SIFMA Publishes Quarterly Research Report For 1Q 2016

Date 25/05/2016

SIFMA today published its Research Quarterly Report for the first quarter of 2016. This report compiles statistics, including issuance data, for a broad range of asset classes across the U.S. capital markets. The full report is available at the following link: http://www.sifma.org/research/item.aspx?id=8589960601

NYSE Governance Services And FTI Consulting Announce 16th Annual Corporate Law Firms Rankings

Date 25/05/2016

Given the volatility that can occur during an election year, coupled with the current concerns on global economies and an ever-evolving regulatory climate, trusted outside legal counsel is of utmost importance to today’s CEOs, boards and general counsel. From industry-shaking technology advancements to the continued presence of activist investors, the need for expert legal advice and consulting has never been greater.

ESMA Clarifies The Reporting Of Reference Data Under MAR From 3 July 2016

Date 25/05/2016

The European Securities and Markets Authority (ESMA) has issued today a Communication clarifying the reporting of reference data under the Market Abuse Regulation (MAR).

Convergex Launches Its "Blueprint For Growth"

Date 25/05/2016

Convergex, an agency-focused global brokerage and trading related services provider, is pleased to announce the official launch of its "Blueprint for Growth." This thought leadership initiative reinforces the firm's innovation and how it consistently strives to align its goals with those of its clients.  The document highlights Convergex's strong foundation and its three main client focused goals including finding liquidity, providing best execution and delivering a great customer experience.

Nigerian Stock Exchange Admitted To Gold Community Of Global Reporting Initiative, Set To Hold 2nd Sustainability Seminar

Date 25/05/2016

The Nigerian Stock Exchange (“The Exchange” or “the NSE”) today announced that it has been admitted into the GRI Gold Community by Global Reporting Initiative (GRI). The GRI is is an international independent organization that helps businesses, governments and other organizations understand  and  communicate  the  impact  of  business  on  critical  sustainability  issues  such  as  climate change, human rights, corruption and many others.

CFTC Orders Citibank To Pay $250 Million For Attempted Manipulation And False Reporting Of U.S. Dollar ISDAFIX Benchmark Swap Rates - Today’s Action Is The CFTC’s Second Enforcement Action For The Attempted Manipulation And False Reporting Of ISDAFIX Benchmark Rates

Date 25/05/2016

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against Citibank, N.A. (Citibank or the Bank).  The CFTC Order finds that, beginning in January 2007 and continuing through January 2012 (the Relevant Period), Citibank on multiple occasions attempted to manipulate, and made false reports concerning, the U.S. Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX), a global benchmark for interest rate products.

Third Annual FTSE Russell Survey Signals Smart Beta Turning Point For Asset Owners

Date 25/05/2016

• 72% of asset owners are using or actively evaluating smart beta
• 62% with existing smart beta allocations evaluating additional indexes
   
• Percentage using five or more smart beta indexes up 10 fold in 2 years
  
• Europe leads in smart beta index adoption