Capital Market Authority

FP Markets Partners with Industry-Leading Platform Provider TradingView

Retrieved on: 
Friday, January 19, 2024

SYDNEY, Jan. 19, 2024 /PRNewswire/ -- To meet the ever-evolving demands of traders and investors, leading Forex and CFDs broker FP Markets has announced a new partnership with TradingView. Clients with an active Trading Account at FP Markets can now leverage TradingView's cutting-edge charting solutions.

Key Points: 
  • SYDNEY, Jan. 19, 2024 /PRNewswire/ -- To meet the ever-evolving demands of traders and investors, leading Forex and CFDs broker FP Markets has announced a new partnership with TradingView .
  • FP Markets CEO Craig Allison commented 'We are delighted to partner with TradingView.
  • To get started with TradingView at FP Markets, clients can simply open a live Trading Account and create a TradingView Account.
  • Once both accounts have been created, clients can link them together and start using TradingView to trade on the FP Markets platform.

FP Markets Partners with Industry-Leading Platform Provider TradingView

Retrieved on: 
Friday, January 19, 2024

SYDNEY, Jan. 19, 2024 /PRNewswire/ -- To meet the ever-evolving demands of traders and investors, leading Forex and CFDs broker FP Markets has announced a new partnership with TradingView. Clients with an active Trading Account at FP Markets can now leverage TradingView's cutting-edge charting solutions.

Key Points: 
  • SYDNEY, Jan. 19, 2024 /PRNewswire/ -- To meet the ever-evolving demands of traders and investors, leading Forex and CFDs broker FP Markets has announced a new partnership with TradingView .
  • FP Markets CEO Craig Allison commented 'We are delighted to partner with TradingView.
  • To get started with TradingView at FP Markets, clients can simply open a live Trading Account and create a TradingView Account.
  • Once both accounts have been created, clients can link them together and start using TradingView to trade on the FP Markets platform.

CMA: 300% Increase in Foreign Investors’ Ownership Value in the Saudi Capital Market during the Last 5 Years

Retrieved on: 
Monday, November 20, 2023

RIYADH, Saudi Arabia, Nov. 20, 2023 (GLOBE NEWSWIRE) -- The value of foreign investments in the Saudi capital market has increased by 300% over the past five years, specifically from 2018 to the end of 2022, reaching SAR 347.01 billion by the end of the period. This constitutes 14.2% of the total value of the free float in the main market, compared to SAR 86.86 billion in 2018, which represents 3.77% of the total value of free float shares in the main market for that year.

Key Points: 
  • Since allowing foreign investors to directly invest in the capital market in 2015, the Saudi Capital Market has evolved from a local market to one where the foreign investor participates in daily trading at rates exceeding 17%, compared to less than 4% before.
  • Since the Saudi capital market joined the major emerging market indexes in 2019, the rate of increase in foreign investments throughout 2022 has been the highest.
  • Binghannam added that the CMA exerted strenuous efforts during the previous period to increase foreign investors' participation in the Saudi capital market.
  • One of the strategic objectives of the CMA's plan is to raise the attractiveness of the market to foreign investors.

To instigate foreign investment, increase the attractiveness and efficiency of the capital market, and enhance regional and international market competitiveness: The Capital Market Authority Approves the Rules for Foreign Investment in Securities

Retrieved on: 
Friday, May 5, 2023

RIYADH, Kingdom of Saudi Arabia, May 05, 2023 (GLOBE NEWSWIRE) -- The Capital Market Authority ("CMA") approved the Rules for Foreign Investment in Securities (the “Rules"), Amendments to the Investment Accounts Instructions, Amendments to the Implementing Regulation of the Companies Law for Listed Joint Stock Companies and Amendments to the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority, which shall be effective as of the date of their publications.

Key Points: 
  • The approved Rules only requiring the QFI to open an investment account in accordance with the Investment Accounts Instructions issued by CMA.
  • This is to ensure the obligation of the capital market institution to make sure that the QFI is meeting all relevant qualification conditions.
  • The rules will also contribute to the transformation of knowledge and experiences in local capital institutions and investors, thereby enhancing the role played by institutional investors in the Saudi capital market.
  • In addition, the foreign investors' ownership ratio of the free float total market value increased from 3.77% in 2018 to 14.21% by the end of 2022.

INGOT Brokers Officially Launches Business in Nairobi, Kenya

Retrieved on: 
Tuesday, February 28, 2023

NAIROBI, Kenya, Feb. 28, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Following the attainment of the Capital Markets Authority (CMA) license, INGOT Af rica Ltd (INGOT Brokers) announced the opening of its first office in Nairobi, Kenya, during a celebratory event held at the Mövenpick Residences Nairobi at the beginning of 2023.

Key Points: 
  • NAIROBI, Kenya, Feb. 28, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Following the attainment of the Capital Markets Authority (CMA) license, INGOT Af rica Ltd (INGOT Brokers) announced the opening of its first office in Nairobi, Kenya, during a celebratory event held at the Mövenpick Residences Nairobi at the beginning of 2023.
  • INGOT Brokers is determined about enhancing financial literacy through its education unit designed to teach and train individuals, particularly youth, on investing and trading global financial markets.
  • INGOT Brokers has physical offices, operation hubs, and/or consultants in Pakistan, UAE, Australia, Jordan, Saint Vincent, Turkey, Thailand, Vietnam, South Africa, Kenya, Seychelles, Iraq, and Qatar.
  • Rules and regulations vary according to the jurisdiction the client is signed under, and should be taken into consideration.

Saudi Arabia to Launch 2nd Edition of Financial Sector Conference (FSC) March 15-16, 2023 in Riyadh

Retrieved on: 
Wednesday, February 8, 2023

RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.
  • It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well as international investors, entrepreneurs, and prominent academics.
  • The FSC 2023 agenda includes a discussion of the key topics regarding the aspirations and concerns of the financial community.
  • The conference will conclude with extensive discussions about the future of the financial sector in light of digitization.

Saudi Arabia to Launch 2nd Edition of Financial Sector Conference (FSC) March 15-16, 2023 in Riyadh

Retrieved on: 
Wednesday, February 8, 2023

RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.
  • It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well as international investors, entrepreneurs, and prominent academics.
  • The FSC 2023 agenda includes a discussion of the key topics regarding the aspirations and concerns of the financial community.
  • The conference will conclude with extensive discussions about the future of the financial sector in light of digitization.

Saudi Arabia to Launch 2nd Edition of Financial Sector Conference (FSC) March 15-16, 2023 in Riyadh

Retrieved on: 
Tuesday, February 7, 2023

RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.
  • It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well as international investors, entrepreneurs, and prominent academics.
  • The FSC 2023 agenda includes a discussion of the key topics regarding the aspirations and concerns of the financial community.
  • The conference will conclude with extensive discussions about the future of the financial sector in light of digitization.

Saudi Arabia to Launch 2nd Edition of Financial Sector Conference (FSC) March 15-16, 2023 in Riyadh

Retrieved on: 
Tuesday, February 7, 2023

RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners )Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 7, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners )Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh.
  • It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well as international investors, entrepreneurs, and prominent academics.
  • The FSC 2023 agenda includes a discussion of the key topics regarding the aspirations and concerns of the financial community.
  • The conference will conclude with extensive discussions about the future of the financial sector in light of digitization.

sirar by stc and Fintech Saudi sign an agreement to provide a discounted digital signature service package

Retrieved on: 
Monday, August 8, 2022

RIYADH, Saudi Arabia, Aug. 8, 2022 /PRNewswire/ -- In a bid to support small and medium enterprises (SMEs), fintech companies, and entrepreneurs, sirar by stc and Fintech Saudi sign an agreement to provide a discounted digital signature service package Under the patronage of his excellency the Governor of Digital Government Authority, Eng.

Key Points: 
  • RIYADH, Saudi Arabia, Aug. 8, 2022 /PRNewswire/ -- In a bid to support small and medium enterprises (SMEs), fintech companies, and entrepreneurs, sirar by stc and Fintech Saudi sign an agreement to provide a discounted digital signature service package Under the patronage of his excellency the Governor of Digital Government Authority, Eng.
  • The agreement was signed by the CEO of the cutting-edge cybersecurity company sirar by stc, Eng.
  • Under the agreement, sirar by stc will offer a digital signature service package discounted by 60% that will benefit SMEs, fintech companies and entrepreneurs.
  • It is noteworthy that the digital signature service allows users to digitally sign documents from anywhere at any time, while ensuring reliability, authentication and security.