As the first qualified general
clearing member for UAE equity markets, Emirates NBD is uniquely placed to support firms operating in the sector, and we are delighted to have been chosen by Index Securities to provide a range of services to enhance the efficiency of their business moving forward," said Tariq bin Hendi, executive vice-president and head of Products & Advisory, Emirates NBD Group.
Sebi has decided to make it easier to do business by allowing the grant of a unified licence to brokers and
clearing members to operate in commodity derivative as well as equity markets.
Sponsors should also expect
clearing members, investment managers and other parties involved in swap transactions to ask for additional representations to assure compliance, or to protect themselves from liability, with respect to ERISA, Dodd-Frank and CFTC regulations.
The clearinghouse's ability to manage a
clearing memberAs a full remote
clearing member on the Chicago exchanges, SEB strengthens its position as a strong international player, the company said.
TIPS reduces errors, cuts costs and trims time from trade data entry, matching and
clearing member acceptance.
Karachi -- National Clearing Company of Pakistan Limited (NCCPL) on Tuesday directed
clearing member to deposit amount of capital gain tax (CGT) for the period of July August 2018 by September 28, 2018.
Jessica Combes UAEbased Amwal Brokerage has signed up as trading member to avail Emirates NBD's settlement and clearing services Following approval by the Securities and Commodities Authority (SCA) as a 'General
Clearing Member', Emirates NBD has added several clients to its growing portfolio making it the market leader in providing clearing and settlement services to trading participants of the UAE's equity markets.
Following approval by 'SCA - Securities and Commodities Authority as a 'General
Clearing Member', Emirates NBD has added several clients to its growing portfolio making it the market leader in providing clearing and settlement services to trading participants of the UAE's equity markets.
Summary: Bank is the first UAE-based financial services entity to be approved by the regulator as a General
Clearing MemberSCA granted Emirates National Bank of Dubai the approval to become general
clearing member in local markets -- thus become the first side in UAE financial markets to practice general clearing.
Muscat: RBS Securities (RBS) yesterday became a
Clearing Member of Dubai Mercantile Exhange (DME), the Middle East's premier international energy futures and commodities exchange.