| Saudi Arabia leads in stock lending as short selling grows
September 25, 2024--Short selling requires stock lending
Saudi Arabia is the Middle East's most active market for stock lending- an important part of the process of short selling-and demand from borrowers is likely to increase as more sophisticated investors start trading, new research suggests. |
| In stock lending, an entity-usually a broker or financial institution-pays a fee to borrow shares in a company from an investor in that company. The borrower uses the shares for short selling or other hedging strategies. |
| Indxx Licenses Bitcoin Reference Index to Migdal Mutual Funds Ltd. for an ETF
December 31, 2024-Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Bitcoin Reference Index to Migdal Mutual Funds Ltd. as the underlying benchmark for the MTF (4D) Indxx Bitcoin Reference Index Fund (5139886) which began trading today on the Tel Aviv Exchange. |