Reforms should focus on finding a way to hold brokers to account
Stockbrokers play a big role as market intermediaries and so they must be made accountable for investors to regain confidence in the capital market.Talking to the FE, several brokerage firms said public perceptions about brokers were not good because of a handful of organisations who had defrauded clients. Though the...
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Arab markets see growth in select exchanges amid overall regional declines in September: AMF
RIYADH, Oct 19 (Arab News): A smattering of Arab markets saw positive growth in September, despite an overall decline for the region, according to the latest monthly bulletin released by the Arab Monetary Fund. The Damascus Stock Exchange led the way with a 55.36 percent increase in trading volume, while...
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EBL, JCX SIGN HOME LOAN DEAL
EBL, JCX SIGN HOME LOAN DEALEastern Bank Limited (EBL) will offer home loan to customers purchasing property from JCX Developments. M. Khorshed Anowar, deputy managing director and head of retail and SME banking of EBL, and M. Muhit Hassan, director of JCX Developments, signed an agreement to this effect in...
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For markets, AI efficiency may bring volatility
ORLANDO, Florida, Oct 19 (Reuters): Technology has been the main driving force behind the evolution of financial markets in recent decades, with the explosion of automated and algorithmic trading fostering the eye-popping speed, efficiency, and liquidity that traders and investors enjoy today.Artificial intelligence is likely to accelerate these positive changes...
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