Saudi Arabia: Tadawul Leapfrogs 3 Places In Global Exchange Rankings albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Saudi Arabia s Tadawul has jumped three places among the world s largest stock exchanges based on the value of shares traded.
Tadawul ranked 17th in the world in terms of liquidity in March - up three places from the end of last year, Al Eqtisadiah reported, citing data from the World Federation of Exchanges.
The Saudi stock market achievedthe milestone after March liquidity rose by almost a fifth to SR290.7 billion ($77.5 billion). The main Saudi stock market index, TASI, rose 8.3 percent (763 points) during the month March, compared to the close of the previous month, finishing at the level of 9908 points.
Better direction for Lebanese banks
June 19, 2017
Finding yourself immersed among a gaggle of high-profile Lebanese bankers at a conference or social get-together can be a mildly frightening experience. When almost everyone in your vision is a banker or economist, what do you say to soften this phalanx of professionals? Which is the best buzzword to break the ice? The answer, personally tested in a meeting last month, is “corporate governance.”
Dropping the term on the sidelines of a non-governance-related event at the Institute for Finance and Governance at the Ecole Superieure des Affaires (ESA) sparked an immediate conversation with a local banking consultant, who shared his experiences working in the provision of corporate governance (CG).
<p><span>The United Nations Sustainable Stock Exchanges (SSE) initiative is today launching new guidance for derivatives exchanges, prepared in collaboration with the World Federation of Exchanges (WFE), the global industry group for exchanges. The joint report provides guidance on ‘How Derivatives Exchanges can Promote Sustainable Development - An Action Menu’.</span></p>
Vanguard News
Commodities and Futures Trading as survival Option
On
By Sola Oni
There is no argument that Covid-19 pandemic has altered ways of doing things at domestic and official level. Companies globally, have been exposed to higher risks and investors are more likely to hedge risk than in a normal period. This probably explains why investment in commodities trading becomes more expedient.
Data from the portal of World Federation of Exchanges (WFE) on the growing clamour for commodities trading is revealing. The data indicates that in 2020, 9.3 billion commodity derivatives exchanged hands, an increase of 35.3 percent over the corresponding year. Of the volume, futures trading alone accounted for 96 percent while the remaining 4 percent was options. The underlying commodities cut across Agriculture, Energy, including emissions , ethanol and methanol, precious and non-precious metal, and index commodity derivatives.Let me quicky state that it is not the physical comm