News Centre

TOM Insight August 2014

Date 17/09/2014

Click here to download TOM’s August ‘14 Insight, a document describing matching statistics on TOM MTF and savings made for retail clients by TOM Smart Execution.

Dubai Financial Market (DFM) Signs Memorandum Of Understanding With Korea Securities Depository (KSD) - The MoU outlines Areas Of Cooperation Including Exchange Of Information And Joint Efforts To Develop The Post-Trade Securities Infrastructure

Date 17/09/2014

Dubai Financial Market (DFM) has signed a Memorandum of Understanding (MoU) with Korea Securities Depository (KSD) in order to promote close cooperation and further develop the post-trade securities market infrastructure between Dubai and Korea.

ForexClear Expands Range Of Cleared Currencies - Service Now Includes Peruvian Nuevo Sol

Date 17/09/2014

LCH.Clearnet Ltd, the global clearing house, has expanded the range of currencies cleared through ForexClear to include Peruvian Nuevo Sol. The move is in response to member and client demand. This addition brings to twelve the currencies now available, enabling over 95% of the non-deliverable forward (NDF) market to be cleared, including Brazilian Real, Russian Rouble, Indian Rupee, Chilean Peso, Chinese Yuan, Korean Won, Colombian Peso, Indonesian Rupiah, Malaysian Ringgit, Peruvian Nuevo Sol, Philippine Peso and Taiwan Dollar.

SGX Consults Market On Independent Listings Committees And Broader Enforcement Powers

Date 17/09/2014

Singapore Exchange (SGX) seeks public feedback on the proposed establishment of the independent Listings Advisory, Listings Disciplinary and Listings Appeals Committees (Listings Committees).

LCH.Clearnet's SwapClear Launches New Blended Rate Compression Service

Date 17/09/2014

LCH.Clearnet Ltd, the global clearing house, announced today that its market-leading SwapClear interest rate swap (IRS) service has launched a new blended rate compression service. This is the latest initiative in response to a growing need for more efficient use of capital and reduced operational risk. Compression enables market participants to reduce the overall notional and number of line items in their portfolios by netting trades. The new offering, which allows participants to compress trades with different interest rates but the same remaining cashflow dates, will significantly expand the universe of eligible trades.

Speech By Yves Mersch, Member Of The Executive Board Of The ECB, At The 2nd Joint Central Bank Seminar On Collateral And Liquidity Hosted By The ECB And The Deutsche Bundesbank, Hamburg, 17 September 2014

Date 17/09/2014

It is a pleasure to open the second day of the Second Joint Central Bank Seminar on Collateral and Liquidity, hosted by the European Central Bank (ECB) and the Deutsche Bundesbank. I will reflect on the developments we are seeing in what is often referred to as the “new collateral landscape” and, in particular, consider the role central banks have played and can continue to play in order to help shape this new landscape. In this regard I will concentrate on the 1) eligibility, 2) availability and 3) mobility of collateral assets, as these elements represent some of the key subjects in the unfolding collateral landscape.

SGX Consults On Minimum Trading Price

Date 17/09/2014

Singapore Exchange (SGX) is consulting the public on details of the minimum trading price requirement and proposed changes to the existing watch-list. SGX also seeks public feedback on its proposal to retain and codify the notification process and privy list requirements for specific transactions into its Listing Rules.

Bank of England: Minutes Of The Monetary Policy Committee Meeting Held On 3 And 4 September 2014

Date 17/09/2014

The Governor invited the Committee to vote on the propositions that:

• Bank Rate should be maintained at 0.5%;
• The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

Euronext Shares Start Trading On Lisbon Market

Date 17/09/2014

Euronext N.V. ("Euronext") today announced it has succesfully completed its listing on Euronext’s regulated market in Lisbon following the admission to trading of 70,000,000 ordinary shares of Euronext. This follows last week’s approval of the Prospectus by the Dutch Authority for the Financial Markets (Stichting Autoriteit Financiële Martken) and the subsequent notification of the Prospectus for passporting to the Portuguese regulator, CMVM(Comissão do Mercado de Valores Mobiliários).

Bursa Malaysia Unites The Capital Market To Run For Others - Funds Raised From “Bursa Bull Charge” To Go Towards Promoting Financial Literacy And Entrepreneurship In The Community

Date 17/09/2014

The resounding beat of the gong marked the start of trading day today at Bursa Malaysia where members of the capital market gathered to introduce the inaugural Bursa Bull Charge, a run by all capital market players to raise funds for the community.