News Centre

ICAP’s 23rd Charity Day Raises £7.5 Million

Date 10/12/2015

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has raised £7.5 million on its 23rd annual global Charity Day, held yesterday. This is equivalent to approximately 3% percent of ICAP’s full year pre-tax trading profits.

Moscow Exchange: Futures And Options - Final Settlement Schedule, December 2015

Date 10/12/2015

Corrected: ESM/EFSF Investor Newsletter No. 18 December 2015

Date 10/12/2015

This has been a year of extraordinary change for the euro area, the ESM, and our programme countries. In Greece, a painful process of economic reform was brought to a sudden halt, just as it had begun to bear fruit. The risk that the euro could disintegrate became real. Tortuous negotiations were needed to get the reform process back on track. Now, less than a year later, the crisis is receding. This shows that Europe’s “cash for reform” model – which the ESM implements – works. Four of the five programme countries have success stories to tell. Greece is hoping to join that group, and has embarked on a new programme. The country can succeed, but only if it sticks to its plans to overhaul its economy, and to put it on a modern footing.

Federal Reserve Board Announces That It Has Not Objected To The Resubmitted Capital Plan From The Bank Of America Corporation

Date 10/12/2015

The Federal Reserve Board on Thursday announced that it has not objected to the resubmitted capital plan from the Bank of America Corporation.

CFTC To Hold An Open Commission Meeting On December 16th To Consider Final And Proposed Rules

Date 10/12/2015

U.S. Commodity Futures Trading Commission (CFTC) Chairman Tim Massad announced that the Commission will hold an open meeting on Wednesday, December 16, 2015 at 10:30 a.m. to consider the following:

Proposed Rule: DCR System Safeguards

Proposed Rule: DMO System Safeguards Testing Requirements

Final Rule: Margin for Uncleared Swaps

DelphX To Cache Bond Inventories To Meet Liquidity Concerns

Date 10/12/2015

DelphX is restoring dealers’ ability to provide on-demand market liquidity by enabling them to access inventories held by institutional investors. The patent-pending Cached Inventory™ technology will reduce dealers’ capital requirements by eliminating their need to hold extensive fixed income inventory, while asset managers will benefit from preferential pricing and improved allocations in both the primary and secondary markets.

ETFs/ETPs Listed In Canada Have Gathered A Record 11.3 Billion US Dollars In Net New Assets This Year As Of The End Of November 2015, According To ETFGI

Date 10/12/2015

ETFs/ETPs listed in Canada have gathered a record US$11.3 billion in net new assets as of the end of November 2015 which is 10.7% above the record level of US$10.2 billion of net new assets gathered at this point in 2012. This marks the 12th consecutive month of positive net inflows. The Canadian ETF industry had 373 ETFs, with 522 listings, assets of US$66 Bn, from 12 providers on 1 exchange at the end of November, according to ETFGI’s Global ETF and ETP insights report for November 2015 (click here to see ETFGI’s chart for assets invested in ETFs/ETPs listed in Canada).

European Commission: Speech By Commissioner Jonathan Hill At The Launch Of The Commission's Green Paper On Consumer Finance

Date 10/12/2015

Today, I want to talk about financial services not from the institutional point of view, from the point of view of the consumer; about how the Single Market can bring real benefits to make people's daily lives easier and better.

Today, we don't have a real single market for financial services.Only three per cent of consumers have used bank services in another EU Member State. Only one per cent of loans in the euro area are made across borders. Credit card fees vary drastically between Member States, as does the cost of similar insurance products.

ETFs/ETPs Listed In The United States Have Gathered A Record 201.7 Billion US Dollars In Net New Assets This Year As Of The End Of November 2015, According To ETFGI

Date 10/12/2015

ETFs/ETPs listed in the United States have gathered a record US$201.7  billion in net new assets as of the end of November 2015 which is 5% above the record level of US$191.8 billion of net new assets gathered at this point in 2014. This marks the 10th consecutive month of positive net inflows. The US ETF/ETP industry had 1,824 ETFs/ETPs, assets of US$2.1 trillion, from 92 providers listed on 3 exchanges at the end of November, according to ETFGI’s Global ETF and ETP insights report for November 2015 (click here to see ETFGI’s chart of United States ETF/ETP asset growth)
 

SWIFT Announces Global Payments Innovation Initiative - Delivering A New Standard In Cross-Border Payments

Date 10/12/2015

SWIFT announces a global payments innovation initiative to dramatically improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments.