Wednesday 24 October 2018
 
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clearing

ENBD, Naeem Shares partner for clearing services

Emirates NBD (ENBD), a leading bank in the region, said that it will provide clearing services to UAE-based Naeem Shares and Bonds. Emirates NBD is the first UAE-based financial services entity to be approved by ‘SCA - Secur

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ABN AMRO becomes Dubai Commodities clearing member

Dubai Gold and Commodities Exchange (DGCX) has welcomed ABN AMRO Clearing Bank NV as a special clearing member on Dubai Commodities Clearing Corporation (DCCC). DCCC is a wholly owned subsidiary of DGCX and acts as central counter

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Gulf Bank reinforces new electronic cheque clearing system

Customers of Kuwait's Gulf Bank who print their cheques through external vendors have been advised to discontinue the practice at the earliest and only print cheques through authorised vendors. The new advisory comes in line w

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DCCC expands collateral basket to include major currencies

The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold and Commodities Exchange (DGCX), said that clearing members will now be able to deposit cash collateral to the corporation in the form of eur

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Port delays in Bahrain ‘won't hit perishable products’

Fears that perishable goods arriving at Khalifa Bin Salman Port in Bahrain could spoil due to delays clearing customs have been allayed. Officials from the Bahrain Chamber of Commerce and Industry (BCCI) said yesterday (May 27) th

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Port delays in Bahrain ‘won't hit perishable products’

Fears that perishable goods arriving at Khalifa Bin Salman Port in Bahrain could spoil due to delays clearing customs have been allayed. Officials from the Bahrain Chamber of Commerce and Industry (BCCI) said yesterday (May 27) th

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Qatar to open Chinese yuan clearing centre in April

The Middle East's first hub for clearing transactions in the Chinese yuan is set to open in Doha, Qatar next month. Speaking at the annual MEED Qatar Projects Conference, Sheikh Abdullah Saoud Al-Thani, governor of Qatar Centr

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Advantage Futures joins DME as clearing member

Advantage Futures, a leading futures brokerage firm, has been approved as a clearing member of the Dubai Mercantile Exchange, a leading energy futures exchange in the Middle East.   As a clearing member, Advantag

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DGCX seals Cinnober partnership deal

Dubai Gold & Commodities Exchange (DGCX) said it has joined forces with top global trading technology provider, Cinnober Financial Technology to enhance its trading and clearing platform. Sweden-based Cinnober is a major global supplie

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BFX names BMI Bank as trading member

The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Mena region, has appointed BMI Bank as a trading and clearing member of BFX. BMI Bank is a Bahraini retail bank offering a full range of retail and commercial bank

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