#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

Oil extends drop as investors assess reserve release, Covid wave

Oil rallied to the highest level since 2014 in October but has faltered over the past month

Everyone has the right to invest in financial markets

The online trading revolution has long started in other parts of the world

Saudi stock exchange set for December trading debut, CEO says

The offering could value the bourse at between $3bn and $4bn

Biggest Saudi IPO since Aramco jumps 30% on trading debut

ACWA Power is now valued at $14.2bn, making it one of the biggest listed companies in Riyadh

Solar Energy Masdar Armenia

Biggest Saudi IPO since Aramco set for Riyadh trading debut

Initial demand amounted to several billion dollars

Abu Dhabi Exchange cuts trading fees, extends trading hours

The Dubai Financial Market also said Saturday it will extend trading time to five hours daily as of October 3

Bitcoin knocks on door of $50,000 after rising above resistance

Bitcoin has recovered after trading in a range of about $30,000 to $40,000 for many weeks

Bitcoin hovers around $40,000 as cryptos bounce back from rout

Bitcoin is about $25,000 shy of its mid-April record of almost $65,000

Banque Saudi Fransi picks Finastra to automate treasury and trading ops

Bank can connect to Finastra’s open platform which is in line with SAMA’s Open Banking initiative

U.A.E. Financial Markets Following Veil Lift on Debt

UAE raises daily decline limit in shares back to 10% from February 28

Authorities had reduced the cap to 5 per cent in March 2020 to contain the fluctuations triggered by the pandemic

Abu Dhabi Securities Exchange

Abu Dhabi Securities Exchange slashes trading fees by 22%

The value of securities traded on the exchange increased 28 per cent to Dhs72.8bn in 2020 from Dhs56.8bn in 2019

Dubai gold

Dubai Gold & Commodities Exchange traded 12.73 million contracts in 2020

It represented a nearly 45 per cent decrease year-on-year

SAUDI-ARAMCO-ENERGY-STOCKS Tadawul

All Tadawul-listed issuers must offer disclosures in English and Arabic – Saudi regulator

The decision, taken by the Capital Market Authority, takes effect from January 1, 2021

Abu dhabi global market

ICE to launch trading in Murban futures contracts in Abu Dhabi in Q1 2021

ICE had announced plans in November last year to launch the platform in partnership with ADNOC

HSBC shares fall to 25-year low on China fears, banks report

Europe’s largest bank has been named as a possible candidate for China’s “unreliable entity list”

Kuwait bourse debuts in region’s best 1st-day pop for a year

Boursa Kuwait joins Dubai Financial Market and Tel Aviv Stock Exchange as publicly traded regional exchanges

HSBC UAE launches online trading platform for wealth clients

The platform provides access to stock exchanges in the US, UK and Hong Kong

Dubai Financial Market

Dubai Financial Market to reopen trading floor on July 7

DFM had announced the temporary closure of the premises on March 16 in the wake of the Covid-19 pandemic

Explainer: Understanding cryptocurrency trading in the region

As Abu Dhabi prepares to launch regulated crypto trading later this year, Leon Smith, CEO of crypto firm DEX, explains how the system works

Kuwait’s stock exchange delays trading debut due to Covid-19

The listing, scheduled for April 19, has been postponed until further notice