#trading

CFI’s trade volumes surpass $1 trillion in Q3 2024

In Q3 2024, CFI recorded a trading volume of $1.03 trillion, marking a 34.47 per cent growth from Q2 2024 and a 129.4 per cent increase compared to Q3 2023

ADX implements insiders' trading ban ahead of Q3 financial disclosures

ADX implements insider trading ban ahead of Q3 financial disclosures

ADX stated that the decision has been taken in accordance with Article No (14) of the Securities and Commodities Authority (SCA) Board of Directors’ Decision No (2/R) of 2001

ADX image-courtesy-ADX

ADX sees ETF trading net Dhs1.86bn from Jan to Aug

The exchange reported a trading volume of approximately 450.7 million ETF units across 19,853 transactions during this period

what traders can learn from popular sports GettyImages-137887584

Watch and learn: Tips traders can pick up from popular sports

Experts believe that popular sports can teach us many valuable lessons that can be successfully applied to fields such as trading

EFG Hermes ONE rebrands, unveils new trading platform

EFG Hermes ONE rebrands, unveils new trading platform

Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT

Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023

Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses

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UAE announces Hijri New Year holiday for financial markets

While ADX and DFM will close for trading on July 21, Dubai Gold and Commodities Exchange will remain open and continue to operate under normal trading hours

Boursa Kuwait reports 13.3% rise in 2022 net profit

Its operating profit for the 2022 financial year came in at $73.8m, increasing 22 per cent

Oil

Oil poised for second weekly decline on gloomy demand outlook

Oil is trading near the lowest level since September

Crypto

Bitcoin breakout stalls with daily trading volume also tumbling

Cryptocurrencies, like other riskier investments, have been suffering in a tighter-monetary-policy environment

Bitcoin rally loses momentum as expectations for Fed shift eases

Bitcoin, the largest digital coin by market value, dipped as much as 2.9 per cent on Wednesday

Salik

Dubai’s Salik soars in trading debut after huge IPO order book

The Middle East has been one of the most active IPO markets in 2022

Emirates-NBD Securities launches onboarding platform

Emirates NBD Securities launches end-to-end digital onboarding platform

The improved onboarding process also provides access to other regional exchanges, advanced trading platforms and mobile app

altcoins

Crypto altcoins lead push higher as Bitcoin jumps above $22,000

Ether jumped as much as 10.7 per cent on Tuesday in Asia, while Solana added 13 per cent and Polkadot about 7 per cent

Union Coop begins first day of trading on Dubai Financial Market

Union Coop begins first day of trading on Dubai Financial Market

Trading commenced under the symbol ‘UNIONCOOP’ on July 18

Tecom Group commences trading on the Dubai financial market

Tecom Group commences trading on Dubai Financial Market

A total of 625,000,000 shares, equivalent to 12.5 per cent of Tecom Group’s issued share capital, were issued

Dubai-Internet-City Tecom Group

Dubai’s Tecom Group sets IPO price range at Dhs2.46-2.67

The final offer price is expected to be announced on June 27, 2022

Oil extends decline as Europe softens some Russian sanctions

West Texas Intermediate futures fell below $103 a barrel in early Asian trading

Qatar brings global photography app Explorest to the Middle East

Mannai surges after plan to sell Inetum at $2bn valuation

The shares jumped 10 per cent in Doha to the highest level since 2016, taking their gains this year to 114 per cent

Bahrain-based cryptocurrency platform Rain announces 0% trading fees

The simplified fee structure aims to help customers feel more comfortable and confident placing their first trade in the crypto world

Abu Dhabi Global Market

World’s first regulated carbon credit trading exchange to launch in UAE

Corporates will be able to trade and finance carbon credits like conventional financial assets

Bitcoin is struggling below $45,000 but there are signs it could break out

Bitcoin is well above its 50-day moving average, which currently sits around $41,085

Biggest Saudi listing since Aramco surges on trading debut

Nahdi’s IPO is the largest listing in the kingdom since Saudi Aramco raised almost $30bn in 2019

Charting the growth of the regional fintech ecosystem

Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector

How DeFi is reshaping the financial markets

Decentralised exchanges, one of the largest contributors to DeFi growth, reported more than $1tn in trade volume over the last year

Abu Dhabi to house zero-waste wholesale food trading hub

The food hub will assemble wholesale buyers, sellers, logistics players and distributors from across the world

Millennials – the first generation in history with true financial freedom

As digital natives, this is a generation that expects answers instantly and in real-time: and that is the key to successful trading

Century Financial

Power Letters 2022: Bal Krishen, chairman, Century Financial

A sudden policy shift by central banks anxious to tame surging inflation could be one of the downside risks for global stocks next year

Future Fintech’s FTFT Capital launches cryptocurrency platform

FTFTX collects global currency and market data, directly linking markets and exchanges and making the data available to users 24 hours a day