Middle East & Africa Archive

Middle Eastern trading venue the Qatar Exchange has migrated cash equities trading to global exchange group NYSE Euronext's Universal Trading Platform as part of an ongoing drive to transform Doha into a major global financial centre. read more>

The Commodity Futures Trading Commission has issued a no-action letter which permits the offer and sale of a futures contract based on Turkey's blue-chip stock index. read more>

NCB Capital, a Saudi Arabian asset management and investment firm, has become the latest Middle East company to implement technology vendor Fidessa's sell-side trading platform. read more>

The Dubai Financial Services Authority, regulator of the Dubai International Financial Centre, has given approval for stock exchange Nasdaq Dubai to migrate its trading onto the trading platform of Dubai Financial Market (DFM), the emirate's principal stock exchange. read more>

The Johannesburg Stock Exchange's (JSE) equity derivatives market has introduced maker-taker pricing in a billing model change launched by the exchange on 5 July 2010. read more>

SunGard has added the derivatives market of the Johannesburg Stock Exchange to its ASP-based connectivity service for sell-side firms, Valdi Market Access. read more>

The Johannesburg Stock Exchange (JSE) says it intends to introduce a new block trading service, Block X, which will offer anonymous execution of large trades via the hidden order functionality of the exchange’s central order book. read more>

Kuwait and Middle East Financial Investment Company (KMEFIC), a Kuwait-based asset manager financial services institution, has selected multi-asset trading technology provider Quod Financial to build a new online trading platform for Kuwaiti retail and high-net-worth individuals. read more>

Nasdaq Dubai, a stock exchange operating in the Dubai International Financial Centre (DIFC), has admitted brokerage SHUAA Securities to trade on its equity derivatives market. read more>

Dubai Financial Market (DFM), the emirate’s principal stock exchange, has proposed a series of changes to the equities operation of Nasdaq Dubai, the exchange it acquired at the end of 2009. read more>