Briefing 2023-08-25

10 brokers to give clients direct access to trading platform
Ten brokerage firms formed a consortium to install their own order management system (OMS) in January to expedite transactions. They will receive technical support from a Dubai-based IT firm SK Advisory FZ LLC. The consortium, Xpert Fintech Ltd signed an agreement with the IT firm on Wednesday. With the system operational in January, clients of the brokers will have direct access to an automated trading platform. Page 9
Messi sends Miami to another final
Lionel Messi inspired Inter Miami to come back from two goals down to beat Cincinnati 5-4 on penalties after their thrilling US Open Cup semifinal ended 3-3 after extra time. Miami, who won the Leagues Cup on penalties against Nashville on Saturday, are now one win away from their second trophy since Messi joined the club last month. Page 15
Four killed In California bar shooting
Four people including a gunman were killed in a shooting at a bikers' bar in California's Orange County, the local sheriff's office said on Wednesday. Six more people were in a hospital after the shooter opened fired at the Cook's Corner bar in Trabuco Canyon, the Orange County Sheriff said in a post on X, formerly known as Twitter. Page 17
Body formed to boost export of RMG inputs
The government has formed a high-powered panel to identify the bottlenecks of the RMG accessories and packaging sector and suggest remedial measures. The Ministry of Commerce has assigned the seven-member body to submit its recommendations within the next couple of months. The government aims to remove the roadblocks as the RMG sub-sector has high export potential in future. Page 20