He added, We agreed with securities markets
in Jordan, Lebanon and Tunisia to enter into group negotiations to get the best benefits.
He added that the merger will improve the performance of the financial market in the UAE and help the country to get ranked higher among regional and international securities markets
, thus attracting a lot more potential investors, especially foreign ones and international portfolios.
Better access to foreign currencies, through retail banking and securities markets
, will offer better access to much higher returns available overseas.
I welcome this opportunity to discuss legislative initiatives concerning the government securities market
While we speak more frequently of the internationalization of markets, the simple fact is that securities markets
remain preeminently national, as does their regulation, and they are becoming more and more competitive, both in seeking listings and in luring investors.
The meeting also discussed other issues, including the integration of GCC securities markets
and unifying of their policies and regulations, the latest developments on securities markets
in member states, the outcome of the recommendations made during the conference on the "Restructuring the Regulatory System of Financial Sector".
The Joint Report on the Government Securities Market
suggested comprehensive administrative changes, some already made and others proposed, that will significantly increase openness in this market and sharply limit the possibility of a replay of recent events.
The reason is that these managers tend to get caught up in a group consensus on which way the various securities markets
Patrick Parkinson and Jeff Stehm-Staff, Board of Governors Adam Gilbert, Emily Gollob, Lauren Hargraves, Richard Mead, and Mary Ann Taylor-Staff, Federal Reserve Bank of New York Prepared as a staff study in fall 1991 Interest in clearance and settlement arrangements in securities markets
by the Federal Reserve and other central banks reflects an increasing awareness that disturbances in settlement processes in those markets can adversely affect the stability of payment systems and the integrity of the financial system generally.