TRADE FINANCE HALAL MAHESH JAYANARAYAN HALAL INDUSTRIES LTD FOUNDER & CEO UMEX CAPITAL MARKETS GROUP PLC

Size: px
Start display at page:

Download "TRADE FINANCE HALAL MAHESH JAYANARAYAN HALAL INDUSTRIES LTD FOUNDER & CEO UMEX CAPITAL MARKETS GROUP PLC"

Transcription

1 TRADE FINANCE & HALAL MAHESH JAYANARAYAN FOUNDER & CEO UMEX CAPITAL MARKETS GROUP PLC & HALAL INDUSTRIES LTD

2 PRESENTATION UMEX CAPITAL MARKETS GROUP THE COMPANY ISLAMIC TRADE FINANCE BACKDROP CASE STUDY FINANCING THE HALAL SECTOR OVERVIEW LIQUIDITY PROVIDERS IN TRADE FINANCE

3 UMEX - THE COMPANY

4

5 OUR FOCUS ETHICAL FINANCIAL SERVICES ETHICAL SHARIA DHARMIC ECUMENICAL Our focus is in Ethical and TEEA( Transparent, Ethical, Equitable and Accountable) compliant financial services. We cater to an ethical centric community of private,professional and institutional investors through our range of investment products. We are unique we have focussed ourselves in a space that no other provider has embarked upon.

6 OUR HALLMARK SCREENING & MONITORING One of the key hallmarks of our services is the Ethical screening ond monitoring service that we provide. In the Islamic environement we have a platform which is Fatwa awarded. Every aspect of our products and services is fully Ethical/ haria compliant and constantly monitored for accuracy. The screening criteria and methodology offered with our products and services has been has been meticulously screened by a team of Scholars from all schools of thought who form the Advisory Panel. The stock list is updated on a monthly basis using a screening process that analyses each company in a two stage process: Financial Ratio Tests: check that the company is not financing its operations using excessive debt. The guiding principles of these ratios are the avoidance of Usury/ Riba and ensuring that the company is tradable. Business Activity Screening: checks that the core activities of each company displayed on the platform are permissible activities as approved by the Fatwa granted by Sheikh Hassan. Umex Ethical/ Sharia screening been established so that it can be offered with customised ratios to allow clients to define their own screening criteria according to their own Ethical/Sharia Committee, if required.

7 OUR BRAND The brand name was derived from the word UMMAH meaning community of nations and the UMMAH was established in 622 AD by the Prophet, with a view of bringing communities and nations together (Muslims, Our signature and hallmark Jews and other faiths) under the Medina Constitution. It was established with similar aims to the United Nations. UMEX means Community Exchange OUR MISSION Our mission and aspiration is for UMEX to achieve global brand recognition as an Ethical and Sharia compliant service provider in financial services among ethical centric households, to include Dharmic, Islamic businesses, the Global investment community and also to those Ethical conscious communities. OUR AIM In the short while we have been in business, the brand UMEX is known among many financial circles and continues to gain traction among the global financial community and main stream press as a focused and dedicated provider of Ethical/ Sharia and Islamic financial products and services. Our aim is that within the next 12 months to garner support within the ethical minded community, cater to a sizable audience seeking high end and credible financial products and services that adhere to Ethical and Sharia standards.

8 CREATING LIQUIDITY IN ETHICAL /ISLAMIC FINANCE

9 FOUR KEY PRODUCTS & SERVICES TRADING SOLUTIONS INSTITUTIONAL UMEX TRADER - Broker - Dealer Desktop trading Platform with approximately 10,000 securities with access to company research and analysis. A perfect one stop trading solution for institutional traders and fund managers. UMEX LIQUID - this platform is an OTC trading venue for structured and illiquid securities and is targeted at institutional members only. CONNECTIVITY GATEWAYS UGx UMEX Gateway xchange an universal Ethical/Sharia compliant broker dealer connectivity hub. ONLINE SHARE DEALING SERVICES UMEX Securities is a private client white labeled share dealing service with regulated brokerage firms in strategic locations in the world e.g. UK and Mauritius. UMEX provides a Sharia screening and monitoring of stocks in this offering. Sharia etrader - a complete Sharia & Ethical e-trade online trading system covering over 10,000 securities with access to 50 plus countries. MARKET DATA, INFORMATION & RESEARCH DISTRIBUTION UMEX NEW FRONTIER RESEARCH UMEX provides securities and economic research provided by third parties to the buy-side from new market frontier regions e.g. BRIC, TIGER and new frontier regions like Africa, Central America and Subcontinent. This service is an add-on to members and clients of UMEX SECURITIES product users.

10 UMEX ELECTRONIC PLATFORMS RETAIL INSTITUTIONAL

11 KEY PARTNERS Technology Partners The company has teamed up with some of the most powerful technology providers ULLINK and INFRONT to provide a high-end system architecture and supported by tire 1 data centres Sharia Screening Partner

12 OUR TARGET AUDIENCE BROKER DEALERS FUND MANAGERS STOCK BROKERS PRIVATE CLIENTS UNITED KINGDOM PRIVATE CLIENTS WORLDWIDE SELL SIDE BROKER DEALERS BROKER DEALERS BANKS FUND MANAGERS EU PENSION FUNDS RETAIL - INSTITUTIONS

13 ISLAMIC TRADE FINANCE BACKDROP

14 ISLAMIC TRADE FINANCE THE MARKET MATURE MARKET IN DEVELOPING COUNTRIES IMMATURE MARKET IN G20

15 ISLAMIC TRADE FINANCE THE MARKET MULTI TRILLION $ MARKET OPPORTUNITY COMMODITY TRADE FINANCE IMPORT & EXPORT FINANCE RECEIVABLE FINANCE VAT RECEIVABLE FUNDING IMPORT DUTY FUNDING

16 A LOOMING LIQUIDITY CRISIS? TRADITIONAL BANK FUNDING FOR TRADE FINANCE IN UK AND EU HAS DRIED UP FOR THE SME FUNDING IS LEFT TO AND WITH INDEPENDENT TRADE FINANCE COMPANIES EXORBITANT CHARGES

17 CREATING LIQUIDITY TRADITIONAL BANKS SPECIALISE TRADE FINANCE BOUTIQUES OF INVESTMENT BANKS INDEPENDENT TRADE FINANCE HOUSES

18 THE NEED FOR ALTERNATIVE FINANCING TRADE FINANCE FUNDS COMMERCIAL PAPER STRUCTURED PRODUCTS

19 THE UNTAPPED OPPORTUNITY HALAL SECTOR

20 HALAL Halal industry, a rapidly expanding business now reaching 1.6 billion consumers worldwide and worth an estimated US$2.1 trillion. The current Halal foods market has some estimates as high as $560 billion. Conversely these estimates are lessened by the fact that a significant portion of the halal market is composed of meats produced and consumed domestically. The Halal market has become the latest buzz and untapped market in the international marketplace.

21 HALAL - NEW MARKET FORCE The interest and demand for Halal-certified products and services continues to increase across global markets, making Halal not just a religious obligation, but also a powerful market force. With a consumer base of 1.6 billion Muslims world-wide, and with its strong crossover potential becoming apparent, Halal is emerging as the standard of choice for consumers and manufacturers in many parts of the world. With per capita expenditure on food and beverages consistently on the rise, especially throughout the Muslim world, the estimated market value for Halal products has reached to several hundred billion USD annually. With the recent interest in Halal healthcare, including personal hygiene and cosmetic products, the overall Halal market value is expected to rise even further.

22 HALAL MARKET SEGMENT HALAL ENTERPRISES HALAL AGRO INDUSTRY HALAL FOOD INGREDIENTS HALAL FOOD PRODUCTS HALAL LEATHER PRODUCTS FAAB HALAL LIFETSTYLE & COLLECTIONS HALAL COSMETICS AND BEAUTY CARE HALAL PHARMACEUTICALS HALAL PET AND ANIMAL FEED

23 SCARCITY OF SHARIA TRADE FINANCE THERE IS A URGENT NEED FOR SHARIA COMPLIANT TRADE FINANCE PRODUCT CREATION

24 LEADING THE WAY EASE OF ACCESS Market knowledge to market practioniers Less complex products and structures Creating more product wraps around the complex TRADE structures Less restrictive practises

25 THANK YOU MAHESH JAYANARAYAN

African Development Islamic Capital Market

African Development Islamic Capital Market سم الله الرحمن الرحيم African Development Islamic Capital Market ICD-Thomson Reuters Islamic Finance Indicator 2014 (IFDI), total Islamic finance assets $1.658 billion in 2013 expected to grow by 15% p.a.

More information

A New World of Trading

A New World of Trading A New World of Trading www.houseofborse.com OUR IDENTITY IS DERIVED FROM OUR NAME A global financial think tank designed for senior and professional traders House of Borse Ltd. provides live trading with

More information

1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates

More information

OIC [ISLAMIC] Indexes & Finance A Deep Dive

OIC [ISLAMIC] Indexes & Finance A Deep Dive THOMSON REUTERS OIC [ISLAMIC] Indexes & Finance A Deep Dive Oct 2, 2010 Rushdi Siddiqui, Global Head of IF & OIC Countries Overview Financial World s Attention Getting Shorter OIC Questions: A.R.T.C.E.

More information

The Executive Management of the Company has a vast experience of more than 17 years of Pakistani

The Executive Management of the Company has a vast experience of more than 17 years of Pakistani The Executive Management of the Company has a vast experience of more than 17 years of Pakistani Stock Markets. Currently associated with Hum Securities (Pvt) Limited since its establishment in 2005. Have

More information

Form 1: Proposal for a new field of technical activity

Form 1: Proposal for a new field of technical activity Form 1: Proposal for a new field of technical activity Circulation date: Click here to enter text. Closing date for voting: Click here to enter text. Proposer: ESMA Reference number (to be given by Central

More information

An Overview of the Global Halal Market

An Overview of the Global Halal Market An Overview of the Global Halal Market South East Asia Driving the Halal Market Forward Malaysia Thailand Singapore Brunei Philippines Indonesia China Regional competition has stimulated the local & global

More information

ETFs for private investors

ETFs for private investors ETFs for private investors Simple products. Sophisticated strategies. ETFs Exchange Traded Funds (ETFs) are instruments which track an index. Indices can be country or region specific and based on emerging

More information

CFH Clearing. The Complete Trading & Technology Solution

CFH Clearing. The Complete Trading & Technology Solution CFH Clearing The Complete Trading & Technology Solution CFH Clearing CFH Clearing is one of the most respected and reputable liquidity venues and Prime of Prime clearing providers in the world, having

More information

Challenges of Islamic Financial Market Development

Challenges of Islamic Financial Market Development Challenges of Islamic Financial Market Development By, Ijlal Alvi Contents Evolution of the Islamic Finance Industry & Islamic Capital Markets Current State of the Islamic Capital Markets Sukuk Issues

More information

THE WORLD IN ONE TRADING PLATFORM. www.houseofborse.com

THE WORLD IN ONE TRADING PLATFORM. www.houseofborse.com THE WORLD IN ONE TRADING PLATFORM www.houseofborse.com OVERVIEW House of Borse Ltd. was founded by a group of global financial markets experts. It was founded in 2012 to create a new generation of brokerage

More information

Sub task 4.3 Halal and kosher supply chain development. John Lever

Sub task 4.3 Halal and kosher supply chain development. John Lever Sub task 4.3 Halal and kosher supply chain development John Lever The broad aim of sub task 4.3 To examine transparency in, and relevant information on, the supply chains for halal and kosher meat in France,

More information

AGENDA. 17.00 17.15 Registration and welcome Drink 17.15 17.30 ishares Switzerland and the future of the Swiss Platform for investors

AGENDA. 17.00 17.15 Registration and welcome Drink 17.15 17.30 ishares Switzerland and the future of the Swiss Platform for investors Swiss ETF Event Zurich, 22 October 2014 AGENDA 17.00 17.15 Registration and welcome Drink 17.15 17.30 ishares Switzerland and the future of the Swiss Platform for investors Sven Württemberger Director,

More information

NewGold and NewPlat Exchange Traded Funds. Corporate and Investment Banking

NewGold and NewPlat Exchange Traded Funds. Corporate and Investment Banking NewGold and NewPlat Exchange Traded Funds Corporate and Investment Banking ETFs an introduction What are ETFs? An exchange-traded fund (or ETF) is an investment vehicle traded on a stock exchange, much

More information

SHARIAH CAPITAL EXPANDING THE UNIVERSE OF SHARIAH-COMPLIANT STOCKS

SHARIAH CAPITAL EXPANDING THE UNIVERSE OF SHARIAH-COMPLIANT STOCKS SHARIAH CAPITAL EXPANDING THE UNIVERSE OF SHARIAH-COMPLIANT STOCKS Shariah Capital, Inc. 125 Elm Street Al Mas Tower, Level 2 New Canaan, Connecticut 06840 Jumeirah Lakes Towers Tel. (203) 972-0331 Fax.

More information

KERFORD INVESTMENTS (UK) LTD Authorised and Regulated by the Financial Conduct Authority (FCA)

KERFORD INVESTMENTS (UK) LTD Authorised and Regulated by the Financial Conduct Authority (FCA) KERFORD INVESTMENTS (UK) LTD. Authorised and Regulated by the Financial Conduct Authority (FCA) Registered Office: 43-45 Dorset Street, London W1U 7NA Administration Office: 14 Basil Street, London SW3

More information

The future starts here. Let Swiss Life take care of your tomorrows, starting today.

The future starts here. Let Swiss Life take care of your tomorrows, starting today. The future starts here Let Swiss Life take care of your tomorrows, starting today. Swiss Life Singapore 1 Traditional values. New opportunities. At Swiss Life, we value expertise, experience and most of

More information

UK INSURANCE KEY FACTS 2014. UK Insurance KEY FACTS. Follow us on Twitter @BritishInsurers

UK INSURANCE KEY FACTS 2014. UK Insurance KEY FACTS. Follow us on Twitter @BritishInsurers UK INSURANCE KEY FACTS 2014 UK Insurance KEY FACTS 2014 3 @BritishInsurers Follow us on Twitter @BritishInsurers ASSOCIATION OF BRITISH INSURERS About the ABI The Association of British Insurers is the

More information

Data Maturity Survey in Financial Services

Data Maturity Survey in Financial Services Percent of Responses Data Maturity Survey in Financial Services June 29, 2015 Executive Summary PanoVista.co LLC is conducting a high level, indicative survey regarding the maturity and future state of

More information

Association of British Insurers UK Insurance Key Facts. UK Insurance KEY FACTS

Association of British Insurers UK Insurance Key Facts. UK Insurance KEY FACTS September 2013 Association of British Insurers UK Insurance Key Facts UK Insurance KEY FACTS 2013 abi.org.uk @BritishInsurers 3 Association of British Insurers UK Insurance Key Facts September 2013 About

More information

CHINA ONLINE TRADING SUMMIT 2014

CHINA ONLINE TRADING SUMMIT 2014 CHINA ONLINE TRADING SUMMIT 2014 Oct 30-31, 2014 Shanghai Exhibition Center Dear Industry Colleagues, 2013 witnessed a dramatic development in trading environment of China s forex market. Internationally,

More information

ForexPrince : FXP Liquidity Ltd. Reg.No.9568035, 20-22,Wenlock Road, London N1 7GU. Tel : + 44 203 8088959 Email : support@forexprince.

ForexPrince : FXP Liquidity Ltd. Reg.No.9568035, 20-22,Wenlock Road, London N1 7GU. Tel : + 44 203 8088959 Email : support@forexprince. ForexPrince : FXP Liquidity Ltd. Reg.No.9568035, 20-22,Wenlock Road, London N1 7GU. Tel : + 44 203 8088959 Email : support@forexprince.com A Broker on Your Side Forex Prince is a true No-Dealing-Desk broker

More information

Overview. Integrated Front-mid-back office as well as standalone Front office or Back-office solution or Trading Channels

Overview. Integrated Front-mid-back office as well as standalone Front office or Back-office solution or Trading Channels Securities Trading The adoption of technology is rapidly changing the dynamics of the brokerage industry. The increasing use of smartphones and tablets represent a transformation in the way in which investors

More information

HARRIS INVESTOR SERVICES. Bruce Schwenger President & CEO

HARRIS INVESTOR SERVICES. Bruce Schwenger President & CEO HARRIS INVESTOR SERVICES Bruce Schwenger President & CEO May 1 and 2, 2003 Developing A Full Choice Investing Platform Brokerage arm of The Harris family of wealth management services Comprised of retail

More information

Opportunity for US Multi-Family Offices to tackle Asia

Opportunity for US Multi-Family Offices to tackle Asia Opportunity for US Multi-Family Offices to tackle Asia An opportunity is being presented in the market for sophisticated US model multi-family office platforms within the Asian wealth Diasporas. Globally,

More information

HSBC Exchange Traded Funds

HSBC Exchange Traded Funds HSBC Exchange Traded Funds EXCHANGE TRADED FUNDS WWW.ETF.HSBC.COM For professional investors only WWW.ETF.HSBC.COM Just scan what s important to you HSBC Exchange Traded Funds HSBC Exchange Traded Funds

More information

www.tsys.com Solutions for Islamic Banking

www.tsys.com Solutions for Islamic Banking Solutions Overview Solutions for Islamic Banking Provide for a Growing Market Enhance Your Brand Grow Customer Loyalty Grow your Islamic card business and help clients stay aligned with Sharia law Solutions

More information

An overview of the UK fund management industry

An overview of the UK fund management industry An overview of the UK fund management industry Presentation made by to a delegation from the Asset Management Association of China 16 September 2013 Unrivalled expertise in selling financial services businesses

More information

Listing Debt in London

Listing Debt in London Listing Debt in London 1 London, the world s financial centre The London Stock Exchange Group operates at the heart of the world s financial centre Internationally focused open market culture Leading global

More information

& Revenue Participation or Royalty-based Contracts

& Revenue Participation or Royalty-based Contracts The Better Way of investing in and financing companies and projects Royalty Entitlement Exchange & Revenue Participation or Royalty-based Contracts Overview of Benefits, Structure, Participants and Operations

More information

Case History. Tel +44(0)1428 658455 www.marketingforge.com

Case History. Tel +44(0)1428 658455 www.marketingforge.com Case History Introduction specialised in providing Direct Market Access trading gain the attention of The New York Stock Exchange, which software for Far Eastern Stock Exchanges. The company had went on

More information

Chapter 3. How Securities are Traded

Chapter 3. How Securities are Traded Chapter 3 How Securities are Traded Primary vs. Secondary Security Sales Primary: When firms need to raise capital, they may choose to sell (or float) new securities. These new issues typically are marketed

More information

How To Understand The Evolution Of Foreign Exchange Trading

How To Understand The Evolution Of Foreign Exchange Trading Electronic Trading and the Australian Foreign Exchange Market Alexandra Heath and James Whitelaw* The introduction of electronic broking to the foreign exchange market in the early 199s signalled the start

More information

An index underpinned by the Islamic system of financial management

An index underpinned by the Islamic system of financial management An index underpinned by the Islamic system of financial management MARKET DATA Indices Shariah All Share www.jse.co.za Johannesburg Stock Exchange The Islamic system of financial management is faith-based,

More information

CANVAS BUILD YOUR OWN ETF

CANVAS BUILD YOUR OWN ETF CANVAS BUILD YOUR OWN ETF A SERVICE PROVIDED BY ETF SECURITIES INTRODUCING CANVAS BUILD YOUR OWN ETF CANVAS is an innovative platform that offers whitelabelled ETFs to the asset management industry, with

More information

The foreign exchange market is global, and it is conducted over-the-counter (OTC)

The foreign exchange market is global, and it is conducted over-the-counter (OTC) FOREIGN EXCHANGE BASICS TERMS USED IN FOREX TRADING: The foreign exchange market is global, and it is conducted over-the-counter (OTC) through the use of electronic trading platforms, or by telephone through

More information

Annual Shareholder Meeting. June 2012

Annual Shareholder Meeting. June 2012 Annual Shareholder Meeting June 2012 Agenda Call to Order; Opening of Polls Introduction of Directors Introduction of Management Introduction of Independent Registered Public Accounting Firm Designation

More information

Fixed Income Investments. Private Banking USA

Fixed Income Investments. Private Banking USA Fixed Income Investments Credit Suisse Securities (USA) llc Private Banking USA 2 Preservation of your wealth is our first priority. Introduction Fixed Income Investing Today In the last two decades, investors

More information

KEY FACTS 2015. UK Insurance & Long Term Savings. Key Facts 2015. Follow us on Twitter @BritishInsurers

KEY FACTS 2015. UK Insurance & Long Term Savings. Key Facts 2015. Follow us on Twitter @BritishInsurers KEY FACTS 2015 UK Insurance & Long Term Savings Key Facts 2015 @BritishInsurers Follow us on Twitter @BritishInsurers ASSOCIATION OF BRITISH INSURERS The UK insurance and long term savings industry is

More information

Mondi Group: Interim Management Statement 8 October 2015

Mondi Group: Interim Management Statement 8 October 2015 Mondi Limited (Incorporated in the Republic of South Africa) (Registration number: 1967/013038/06) JSE share code: MND ISIN: ZAE000156550 Mondi plc (Incorporated in England and Wales) (Registered number:

More information

tran scend tran-sénd verb [trans.] to go beyond or rise above (a limit), to be greater than (something ordinary).

tran scend tran-sénd verb [trans.] to go beyond or rise above (a limit), to be greater than (something ordinary). tran scend tran-sénd verb [trans.] to go beyond or rise above (a limit), to be greater than (something ordinary). At Transcend Capital, we have earned our reputation for integrity, honesty and accountability

More information

The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and

The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and you can lose money as well as make money. Manage your

More information

Quality Assurance in Halal Food Manufacturing in Malaysia: A Preliminary Study

Quality Assurance in Halal Food Manufacturing in Malaysia: A Preliminary Study Quality Assurance in Halal Food Manufacturing in Malaysia: A Preliminary Study Hayati @ Habibah Abdul Talib 1, Khairul Anuar Mohd Ali 2, Khairur Rijal Jamaludin 1 1 College of Sciences and Technology,

More information

Islamic Finance in Africa

Islamic Finance in Africa Islamic Finance in Africa Rundheersing Bheenick Governor Bank of Mauritius 2 nd Islamic Finance Conference Doha, 10 October 2011 1 Islamic Finance in Africa Contents The Global Islamic Finance Industry

More information

Brain J. Dunn, CEO Richfield, Minnesota U.S Latest fiscal year: 2010 Best Buy is an American retailer that sells a wide variety of electronic

Brain J. Dunn, CEO Richfield, Minnesota U.S Latest fiscal year: 2010 Best Buy is an American retailer that sells a wide variety of electronic Current Shareholders in Best Buy should hold their stock until price increases, and new investors should not invest if looking for fast money, Best Buy s stock may not more until more economic growth occurs.

More information

Partnerships you can depend on

Partnerships you can depend on Introducers Partnerships you can depend on There s more than one way to profit from forex. At FxPro we ve made it our business to offer clients and partners every opportunity to benefit from the world

More information

Eleventh Monex Global Retail Investor Survey Individual investors find Equity an attractive investment for 2014

Eleventh Monex Global Retail Investor Survey Individual investors find Equity an attractive investment for 2014 Eleventh Monex Global Retail Investor Survey Individual investors find Equity an attractive investment for 2014 Tokyo, Florida and Hong Kong, December 20, 2013 Monex, Inc. ( Monex ), TradeStation Securities,

More information

Providing Trading Opportunities in a Sound Marketplace

Providing Trading Opportunities in a Sound Marketplace Providing Trading Opportunities in a Sound Marketplace Dec/2013 Classification of the Information Public USD Billion Million Active Market with Liquid Products Equities Market Market Cap of USD 1 trillion

More information

CASE STUDY: ONLINE TRAINING AS A REVENUE MODEL FOR ACADEMIC INSTITUTIONS

CASE STUDY: ONLINE TRAINING AS A REVENUE MODEL FOR ACADEMIC INSTITUTIONS CASE STUDY: ONLINE TRAINING AS A REVENUE MODEL FOR ACADEMIC INSTITUTIONS Professor Dr Faridah Hj Hassan Director ihalal Management and Science World Halal Summit 2 nd April 2015 KLCC BACKGROUND As the

More information

DAIWA ASSET MANAGEMENT TO LAUNCH SINGAPORE S FIRST SHARIAH-COMPLIANT ETF ON SGX

DAIWA ASSET MANAGEMENT TO LAUNCH SINGAPORE S FIRST SHARIAH-COMPLIANT ETF ON SGX NEWS RELEASE DAIWA ASSET MANAGEMENT TO LAUNCH SINGAPORE S FIRST SHARIAH-COMPLIANT ETF ON SGX Daiwa FTSE Shariah Japan 100 will be Daiwa Asset Management s first ETF on the Exchange Singapore, 26 May 2008

More information

EUROPEAN SECURITIES AND MARKETS AUTHORITY (ESMA) CONSULTATION PAPER

EUROPEAN SECURITIES AND MARKETS AUTHORITY (ESMA) CONSULTATION PAPER EUROPEAN SECURITIES AND MARKETS AUTHORITY (ESMA) CONSULTATION PAPER 22 City Road Finsbury Square London EC1Y 2AJ Tel: +44 (0) 20 7448 7100 Fax: +44 (0) 20 7638 4636 Email: info@apcims.co.uk DRAFT TECHNICAL

More information

Order Execution Policy

Order Execution Policy Order Execution Policy 1 Overview The purpose of this document is to provide clients of Stocktrade ( Stocktrade or we or us ) with information about our Order Execution Policy and to seek your consent

More information

GCC Pharmaceutical Industry

GCC Pharmaceutical Industry GCC Pharmaceutical Industry First coordination meeting for the pharmaceutical industry in the GCC and Yemen Dr. Aasim Qureshi 11 April 2011 Global Pharmaceuticals Industry The pharmaceutical industry is

More information

7 th OECD Forum on Africa Public Debt Management

7 th OECD Forum on Africa Public Debt Management BUILDING BLOCKS FOR LIQUID PRIMARY AND SECONDARY MARKETS CASE OF KENYAN MARKET 7 th OECD Forum on Africa Public Debt Management Cape Town, South Africa 26-28, June 2013 By Mwenda Marete, Assistant Director,

More information

INDEX SERIES FTSE PUBLICATIONS. FTSE ETF Issuer Services.

INDEX SERIES FTSE PUBLICATIONS. FTSE ETF Issuer Services. INDEX SERIES FTSE PUBLICATIONS FTSE ETF Issuer Services. BEIJING BOSTON DUBAI HONG KONG LONDON MILAN MUMBAI NEW YORK PARIS SAN FRANCISCO SHANGHAI SYDNEY TOKYO FTSE FTSE Group ( FTSE ) is a world-leader

More information

The UK Retail Bond Market H1 2011 Performance Update

The UK Retail Bond Market H1 2011 Performance Update 1. Introduction The UK Retail Bond Market H1 2011 Performance Update Over the last 6 months, 7 transactions have been launched in the retail bond market in the UK, raising 540 million - with a further

More information

10 Preconditions for a Successful Commodity Exchange a Comparison between ACE and ZAMACE

10 Preconditions for a Successful Commodity Exchange a Comparison between ACE and ZAMACE East Africa Trade Hub 10 Preconditions for a Successful Commodity Exchange a Comparison between ACE and ZAMACE Preconditions for a Successful Commodity Exchange outlines the necessary prerequisites for

More information

Risk & Return of Islamic Stock Market Indexes

Risk & Return of Islamic Stock Market Indexes Risk & Return of Islamic Stock Market Indexes Economic Research Forum Annual Meetings Sharjah, UAE Oct 26-28, 2002 Manochehr Rashidian Cal State Northridge Northridge, CA mrashidian@csun.edu Sam R. Hakim

More information

THE SMSF ESSENTIALS GUIDE. The ultimate starter guide to setting up, running and effectively using a Self Managed Superannaution Fund

THE SMSF ESSENTIALS GUIDE. The ultimate starter guide to setting up, running and effectively using a Self Managed Superannaution Fund THE SMSF ESSENTIALS GUIDE The ultimate starter guide to setting up, running and effectively using a Self Managed Superannaution Fund DISCLAIMER The purpose of this e-book is to provide information and

More information

High Frequency Trading Volumes Continue to Increase Throughout the World

High Frequency Trading Volumes Continue to Increase Throughout the World High Frequency Trading Volumes Continue to Increase Throughout the World High Frequency Trading (HFT) can be defined as any automated trading strategy where investment decisions are driven by quantitative

More information

Synergy Funds Management. Synergy Financial Markets. Create Your Financial Future by Investing with

Synergy Funds Management. Synergy Financial Markets. Create Your Financial Future by Investing with Create Your Financial Future by Investing with Synergy Financial Markets Synergy Funds Management Synergy now offers its expertise to the market for the first time through the Synergy Individually Managed

More information

Foreign Exchange Contact Group The future of the e-forex. Macalli Louis. Frankfurt, 10th June 2009

Foreign Exchange Contact Group The future of the e-forex. Macalli Louis. Frankfurt, 10th June 2009 Foreign Exchange Contact Group The future of the e-forex Macalli Louis Frankfurt, 10th June 2009 The future of the e-forex From the phone-based FX to the e-forex : main features and short term issues.

More information

APRIL 2015. Economic Impact of AIM

APRIL 2015. Economic Impact of AIM APRIL 2015 Economic Impact of AIM Foreword AIM, which is 20 years old this year, has weathered several economic storms over the past two decades, but has remained true to its core purpose of providing

More information

Online Share Trading Currency Futures

Online Share Trading Currency Futures Online Share Trading Currency Futures Wealth warning: Trading Currency Futures can offer significant returns BUT also subject you to significant losses if the market moves against your position. You may,

More information

Delphi Management, Inc. Firm Brochure (Part 2A of Form ADV)

Delphi Management, Inc. Firm Brochure (Part 2A of Form ADV) Item 1. Cover Page Delphi Management, Inc. Firm Brochure (Part 2A of Form ADV) This brochure provides information about the qualifications and business practices of Delphi Management, Inc. ( Delphi ).

More information

VertexFX Bullion Solution

VertexFX Bullion Solution Bullion Solution CONNECTING YOUR BULLION BUSINESS TO VERTEXFX RESOURCES YOU NEED Hybrid Solutions has endeavored to set-up Bullion Market through the platform in order to simplify the bullion trading.

More information

The Asset Management Working Group

The Asset Management Working Group Finance Initiative Innovative financing for sustainability The Asset Management Working Group What, why, who? Environmental and social issues count. Goldman Sachs Global Investment Research, February 2004.

More information

How To Trade Currency On Fxpro

How To Trade Currency On Fxpro White Label Lite Partners Partnerships you can depend on There s more than one way to profit from forex. At FxPro we ve made it our business to offer clients and partners every opportunity to benefit from

More information

How To Trade In China

How To Trade In China Introduction to London Stock Exchange Capital Markets Contents Background 02 Equity primary markets 03 Main Market 03 AIM 04 Trading services for equity securities 05 SETS 05 SETSqx 05 SEAQ 05 International

More information

Bank of America Merrill Lynch Banking & Insurance CEO Conference Bob Diamond

Bank of America Merrill Lynch Banking & Insurance CEO Conference Bob Diamond 4 October 2011 Bank of America Merrill Lynch Banking & Insurance CEO Conference Bob Diamond Thank you and good morning. It s a pleasure to be here and I d like to thank our hosts for the opportunity to

More information

Surviving & Thriving in Financial Services in the 2020 s

Surviving & Thriving in Financial Services in the 2020 s Surviving & Thriving in Financial Services in the 2020 s INTRODUCTION: THE WORLD IS CHANGING We can all sense that something significant is happening around us; not only in the Financial Services Industry,

More information

Al Rajhi Bank Press Pack Data Correct as of 2010 Annual Report

Al Rajhi Bank Press Pack Data Correct as of 2010 Annual Report Al Rajhi Bank Press Pack Data Correct as of 2010 Annual Report Al Rajhi Bank: Press Pack: January 2011 Page 1 of 19 CONTENTS 1. INTRODUCTION TO AL RAJHI BANK Page 3 2. STRATEGIC DIRECTION Page 4 3. INTERNATIONAL

More information

Bringing value to markets using technology

Bringing value to markets using technology Bringing value to markets using technology TOC Table of Contents About Us 3 Vision, Mission, and Values 4 OurUSP 6 Exchange Solutions 8 Order Matching Engine 9 Market Data Dissemination 10 Exchange Administration

More information

Issues in Islamic Finance and (Re)Takaful business

Issues in Islamic Finance and (Re)Takaful business GIRO Workshop Issues in Islamic Finance and (Re)Takaful business 3 October 2007 Mohammad Khan Director PricewaterhouseCoopers Agenda/Contents What is Islamic Finance? What is Takaful and ReTakaful Business?

More information

Investing in Islamic Index Fund

Investing in Islamic Index Fund Investing in Islamic Index Fund 87, Rashed Khan Menon Road, Level-15, Dhaka, Bangladesh Tel: +880 2 8316531, Fax: + 880 2 8321777 Email: info@acaml.com.bd Shariah Index Fund- It s New!! Name of the Scheme

More information

Money Without Frontiers

Money Without Frontiers Money Without Frontiers Universal Foreign Exchange Sterling House Fulbourne Road London E17 4EE United Kingdom Dealing Desk Tel: +44 (0)20 8498 2777 Dealing Desk Fax: +44 (0)20 8527 2848 Switch Board Tel:

More information

European Demand for US Listed Equity Options Andy Nybo

European Demand for US Listed Equity Options Andy Nybo European Demand for US Listed Equity Options Andy Nybo V09:029 September 2011 www.tabbgroup.com TABB Group Credit Default Swaps: Industry Projections March 2009 1 Executive Summary European investors believe

More information

Quarterly Financial Supplement - 1Q 2016

Quarterly Financial Supplement - 1Q 2016 Quarterly Financial Supplement - 1Q 2016 Page # Consolidated Financial Summary... 1 Consolidated Income Statement Information... 2 Consolidated Financial Information and Statistical Data... 3 Consolidated

More information

CME Foreign Exchange Products CME FX Futures:

CME Foreign Exchange Products CME FX Futures: CME Foreign Exchange Products CME FX Futures: Maximizing the Opportunity for Individual Investors CME E-quivalents FX futures displayed in spot equivalent prices free, real-time and online Features include:»

More information

Investment. ASX listed investments and asset allocation. Instalments. Australian Shares. Pooled Development Funds. Domestic Shares

Investment. ASX listed investments and asset allocation. Instalments. Australian Shares. Pooled Development Funds. Domestic Shares Financial Planning with Listed Investments ASX listed investments and asset allocation More and more financial advisers are discovering the benefits of incorporating listed investments in client portfolios.

More information

SWAPS AND DERIVATIVES

SWAPS AND DERIVATIVES PRACTICE NOTE ON SWAPS AND DERIVATIVES PN/01J2014 (Issued under section 7(1) of the Financial Services Act 2007) Issued on 01 October 2014 CONTENTS Introduction... 2 PART I: Explanatory Notes: Swaps and

More information

Business. Insights. When cash is king. Investec Editorials

Business. Insights. When cash is king. Investec Editorials Business Insights Investec Editorials When cash is king Shelter from the storm Where do investors turn in times of uncertainty? What investment options can provide shelter from the ongoing volatility?

More information

Public Private Partnerships in Higher Education. Andrew Colin Chairman, INTO University Partnerships

Public Private Partnerships in Higher Education. Andrew Colin Chairman, INTO University Partnerships Public Private Partnerships in Higher Education Andrew Colin Chairman, INTO University Partnerships Will you still need me, will you still feed me when I m 64 A manifesto for the new era of public finances?

More information

Creating Wealth Worth Having. Green Infrastructure Bonds: Accessing the scale of low cost capital required to tackle climate change.

Creating Wealth Worth Having. Green Infrastructure Bonds: Accessing the scale of low cost capital required to tackle climate change. Creating Wealth Worth Having Green Infrastructure Bonds: Accessing the scale of low cost capital required to tackle climate change Ben Caldecott Summary 1. There are a wide variety of different green or

More information

A stock is a share in the ownership of a company. Stock represents a claim on the company s assets and earnings.

A stock is a share in the ownership of a company. Stock represents a claim on the company s assets and earnings. Stock Market Basics What are stocks? A stock is a share in the ownership of a company. Stock represents a claim on the company s assets and earnings. As an owner (shareholder), you are entitled to your

More information

FHLBanks: The Basics. For more information, visit www.fhlbanks.com.

FHLBanks: The Basics. For more information, visit www.fhlbanks.com. FHLBanks: The Basics For more information, visit www.fhlbanks.com. The Federal Home Loan Banks (FHLBanks) are 11 private, wholesale banks regionally based throughout the U.S. They are cooperatively owned

More information

FxPro Education. Introduction to FX markets

FxPro Education. Introduction to FX markets FxPro Education Within any economy, consumers and businesses use currency as a medium of exchange. In the UK, pound sterling is the national currency, while in the United States it is the US dollar. Modern

More information

UK Insurance Key Facts. September 2010

UK Insurance Key Facts. September 2010 UK Insurance Key Facts September 2010 The UK insurance industry is the third largest in the world and the largest in Europe. It is a vital part of the UK economy, managing investments amounting to 24%

More information

AGRICULTURE, FOOD AND LIFE SCIENCES SERVICES @ SGS OLIVIER COPPEY EXECUTIVE VICE PRESIDENT INVESTORS DAYS, 29-30 OCTOBER 2015

AGRICULTURE, FOOD AND LIFE SCIENCES SERVICES @ SGS OLIVIER COPPEY EXECUTIVE VICE PRESIDENT INVESTORS DAYS, 29-30 OCTOBER 2015 AGRICULTURE, FOOD AND LIFE SCIENCES SERVICES @ SGS OLIVIER COPPEY EXECUTIVE VICE PRESIDENT INVESTORS DAYS, 29-30 OCTOBER 2015 1 STRATEGIC REALIGNMENT 2 RATIONALE FOR THE MERGER Align our organization to

More information

What Information Can I Expect From a Presentation by Swiss Life?

What Information Can I Expect From a Presentation by Swiss Life? Investors Day 2007 Achievements and new targets Rolf Dörig, Group CEO Zurich, 4 December 2007 Investors Day 2007: Highlights Recently announced achievements 4 September Confirmed 1 bn net profit in 2007

More information

Islamic Finance. Global. Economic Crisis. National Council on. U.S.-Arab Relations. Brings Together Experts to Discuss. and. the

Islamic Finance. Global. Economic Crisis. National Council on. U.S.-Arab Relations. Brings Together Experts to Discuss. and. the National Council on U.S.-Arab Relations Brings Together Experts to Discuss Mr. Michael McMillen, Partner, Corporate Practice Group, Fulbright & Jaworski LLP Islamic Finance and Global the Economic Crisis

More information

REGISTRATION OF FOREIGN BOARDS OF TRADE. A response paper by the Futures and Options Association

REGISTRATION OF FOREIGN BOARDS OF TRADE. A response paper by the Futures and Options Association REGISTRATION OF FOREIGN BOARDS OF TRADE A response paper by the Futures and Options Association JANUARY 2011 1 REGISTRATION OF FOREIGN BOARDS OF TRADE 1. Introduction 1.1 The Futures and Options Association

More information

HALAL CERTIFICATION SINGAPORE S COMMITMENT

HALAL CERTIFICATION SINGAPORE S COMMITMENT HALAL CERTIFICATION SINGAPORE S COMMITMENT 23 Nov 2015 AGENDA I. Introduction II. Singapore Halal Industry III. Halal Industry Development IV. Singapore Muis Halal Quality Management System Introduction

More information

Contents. ETF Reference Guide Page 2 The Stock Exchange of Mauritius

Contents. ETF Reference Guide Page 2 The Stock Exchange of Mauritius ETF Reference Guide Contents 1. Background 04 2. Introduction to Exchange Traded Funds 05 What are Exchange Traded Funds Why invest in Exchange Traded Funds as an alternative to other similar investments?

More information

Decoding the Financial World

Decoding the Financial World Decoding the Financial World The collapse of Lehman Brothers heralded the beginning of 2008 financial crisis that affected every one of us directly or indirectly. Yet, mystery of the financial world remains

More information

S EC U R ED L EN D I N G

S EC U R ED L EN D I N G SECURED LENDING About Puma Investments Secured Lending Puma Investments is a member of the Shore Capital group, an independent investment group, listed on AIM and specialising in asset management, principal

More information

Ushering a new era for the Stock Exchange industry in Mauritius

Ushering a new era for the Stock Exchange industry in Mauritius Ushering a new era for the Stock Exchange industry in Mauritius Presented by Sunil Benimadhu Chief Executive SEM Press Conference SEM Board Room 21.11.2013 Presentation Outline An overview of the SEM s

More information

Consumer trends in online shopping and shipping

Consumer trends in online shopping and shipping Consumer trends in online shopping and shipping What today s consumers in the US and Europe are buying online, and how businesses can position themselves to capture this international market Introduction

More information