News Centre

Irish Stock Exchange: Q1 2015 Statistics Show Record High Equity Trades And €2.2bn Funds Raised

Date 15/04/2015

• Equity trading volumes hit record high in Q1, with over 1.4m equity trades taking place
• Funds raised of over €2.2bn - including €330m by Malin in one of the largest life science IPOs ever to take place in Europe
• New bond listings from Ryanair, Rentokil and Hipercor add to the 32,800 securities now listed on the ISE
• ISEQ up 15.2% in the first quarter of 2015
• Irish Government bonds and treasury bills show strong activity and fund raising over the quarter

European Commission - Statement: Statement By Commissioner Vestager On Antitrust Decisions Concerning Google

Date 15/04/2015

The Commission has today sent a Statement of Objections to Google. It outlines our preliminary view that Google’s favourable treatment of its comparison shopping service, currently called "Google Shopping", is an abuse of Google’s dominant position in general internet search. Google now has 10 weeks to respond. I will carefully consider its response before deciding how to proceed.

Irish Stock Exchange: Faurecia SA, The French Automotive Parts Manufacturer, Lists €500m Bond On GEM

Date 15/04/2015

Faurecia SA has listed a €500m bond on the Irish Stock Exchange (ISE). The senior notes, due 2022, have a coupon rate of 3.125% and are listed on the Global Exchange Market (GEM).

Luxembourg Stock Exchange (LuxSE) Discloses Positive Financial Results For Financial Year 2014 And Confirms Its World Leadership Position In The Listing Of International Securities

Date 15/04/2015

The Luxembourg Stock Exchange (LuxSE) revealed its latest financial results and activity report at the occasion of its annual general meeting on 15 April 2015.

IRGiT Upgrades To Nasdaq's X-Stream Clearing Technology

Date 15/04/2015

IRGiT and Nasdaq (Nasdaq:NDAQ) today announced an agreement to upgrade its post-trade platform to Nasdaq's X-stream Clearing technology. Under the terms of the agreement, IRGiT (Izba Rozliczeniowa Gield Towarowych S.A.) or the Warsaw Commodity Clearing House, will replace its existing legacy engine (Condico Clearing) with one powered by X-stream technology. The upgrade is expected to be rolled out by mid-2016.

BNY Mellon Enters Into Settlement Agreement With The U.K. Financial Conduct Authority

Date 15/04/2015

BNY Mellon (NYSE: BK) today issued the following statement regarding the findings of a U.K. Financial Conduct Authority ("FCA") investigation into compliance with relevant FCA Principles and U.K. Client Asset Sourcebook ("CASS") rules during the period from November 2007 to August 2013:

HKFE Announces Revised Margins For Futures Contracts

Date 15/04/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Thursday, 16 April 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

UK’s Financial Conduct Authority Fines The Bank Of New York Mellon London Branch And The Bank Of New York Mellon International Limited £126 Million For Failure To Comply With The Custody Rules

Date 15/04/2015

The Financial Conduct Authority (FCA) has today fined The Bank of New York Mellon London Branch (BNYMLB) and The Bank of New York Mellon International Limited (BNYMIL) (together ‘the Firms’) £126 million for failing to comply with the FCA Client Assets Sourcebook (Custody Rules, or CASS), which applies to safe custody assets and to client money. The Custody Rules are there to protect safe custody assets if a firm becomes insolvent and to ensure those assets can be returned to clients as quickly and easily as possible. Each regulated firm is required to ensure they have adequate systems, controls and records to facilitate this.

HKFE Announces Revised Margins For China Merchants Bank Futures

Date 15/04/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 17 April 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

Xetra/Börse Frankfurt: SPDR Multi-Asset ETF Launched On Xetra - ETF Provides Access To Global Infrastructure Sector

Date 15/04/2015

A new exchange-listed multi-asset index fund issued by SPDR (State Street Global Advisors) has been tradable in Deutsche Börse's XTF segment since Wednesday.