News Centre

SEC Charges Goodyear With FCPA Violations

Date 24/02/2015

The Securities and Exchange Commission today charged Goodyear Tire & Rubber Company with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries paid bribes to land tire sales in Kenya and Angola. 

EEX And EPEX SPOT Position Paper: Economic Efficiency Analysis Of Introducing Smaller Bidding Zones

Date 24/02/2015

An analysis of the economic effects of splitting the German-Austrian price zone shows that considerable inefficiencies would arise. The study, which was conducted by the energy policy consultancy Consentec on behalf of EEX and EPEX SPOT, compares the economic costs and benefits of splitting up the German-Austrian power market into two bidding zones.

Letter By IMF Managing Director Christine Lagarde To The President Of The Euro Group On Greece

Date 24/02/2015

Dear Jeroen,

My Staff has reviewed the list of measures that the Greek authorities prepared over the weekend. We think that it covers the broad topics that should be on the new Government’s agenda. In view of this, we would certainly be able to support the conclusion that the list “is sufficiently comprehensive to be a valid starting point for a successful conclusion of the review,” as called for by the Euro Group at its last meeting. But a determination in this regard should of course rest primarily on an assessment by Member States themselves and by the relevant European institutions.

ICE Announces Appointments For Interest Rate And Utility Markets

Date 24/02/2015

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced two new London-based appointments to serve its global derivatives markets.

Bloomberg And Genscape To Add Deeper Analysis For Global Commodity Markets - Genscape's Proprietary Data To Be Delivered Through The Bloomberg Professional Service

Date 24/02/2015

Genscape and Bloomberg have announced today that the two companies will work together to include a selection of the proprietary, real-time Genscape commodity data through the Bloomberg Professional service.

LCH.Clearnet Group Limited Board Changes

Date 24/02/2015

• Professor Lex Hoogduin to succeed Jacques Aigrain as Chairman of LCH.Clearnet Group Limited & LCH.Clearnet Ltd
• Jonathan Eliot joins Boards of LCH.Clearnet Group Limited, LCH.Clearnet SA and LCH.Clearnet LLC and chairs Group Board Risk Committees

Eurogroup Statement On Greece

Date 24/02/2015

The Eurogroup today discussed the first list of reform measures presented by the Greek authorities, based on the current arrangement, which will be further specified and then agreed with the institutions at the latest by the end of April. The institutions provided us with their first view that they consider this list of measures to be sufficiently comprehensive to be a valid starting point for a successful conclusion of the review.

From Darkness Cometh Light? Some Early Messages From The Fair And Effective Markets Review Consultation Responses - Speech By Andrew Hauser, Director Of Markets Strategy, Bank Of England, And Head Of The Fair And Effective Markets Review Secretariat At AFME’s 10th Annual European Market Liquidity Conference, London

Date 24/02/2015

Thank you for the invitation to address you today – it is a pleasure to be here.

Much of the agenda for your conference is strikingly optimistic: developments in renminbi markets; the changing shape of fixed income trading; the new landscape for foreign exchange; the EU Capital Markets Union; and innovative ways to use ‘big data’ and other analytical techniques. It is good to see the wholesale markets looking forward, seeking out new opportunities, and facing the realities of regulatory and technological change with a sense of purpose and resolve. That dynamism is essential to the prosperity of everyone, and central to financing the global recovery.

Borsa Italiana: First IPO On MTA In 2015: Banzai Debuts On STAR Segment

Date 24/02/2015

• The company has raised €54 million
• 68th company listed on the STAR segment

EGX Promotes Economic Conference In London

Date 24/02/2015