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Sebi panel tells Indian exchanges to bolster oversight, compliance

A panel set up by India’s capital market regulator wants exchanges, clearing houses and depositories to revamp their compliance and risk management structures to minimise governance lapses. A committee headed by G. Mahalingam, a former central banker and a ex- whole time member at the Securities and Exchange Board of India (Sebi), recommended market infrastructure institutions (MII) should separate functions ...

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AD Ports, Iraq’s IDB join hands for port, logistics development

Abu Dhabi / WAM   AD Ports Group, the leading facilitator of global trade, logistics, and industry, and International Development Bank (IDB) signed an MoU to review opportunities for ports and logistics projects that could enhance trade flows between the UAE and Iraq. The agreement was signed by Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports ...

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ADX derivatives market one-year trade hit AED 1 billion

Abu Dhabi / GULFTIME    The Abu Dhabi Securities Exchange (ADX) is celebrating a year of unprecedented success for its derivatives trading market. In just 12 months since its launch in November 2021, the ADX derivatives market has grown to become the most liquid derivatives market in the Arab region, while being the youngest. In its first year, it has achieved ...

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