News Centre

Intercontinental Exchange To Acquire Majority Stake In Holland Clearing House

Date 10/09/2014

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that it has agreed to make a strategic investment in the Holland Clearing House, a continental European clearing house, to support its comprehensive clearing strategy for financial products. ABN Amro Clearing will retain a minority interest in the venture.

REDI Names Michael Lax Head Of EMEA Sales

Date 10/09/2014

REDI Holdings LLC (“REDI”), the independent, industry-backed provider of the REDIPlus® execution management system (EMS), today announced the appointment of Michael Lax as Head of EMEA Sales. In this role Mr. Lax will be responsible for leading all sales and business development initiatives with the firm’s buy-side clients and sell-side partners in the region.

TABB Group Launches Clarity, Exclusive US Equity Market Trading Venue & Routing Analytics Service For Money Managers, Investors, Brokers And Trading Venues - Bloomberg Tradebook, Cowen And Company, Sanford Bernstein And Weeden & Co. Sign On As Partners And Advisory Board Members To Develop Accurate, Consistent Framework For Analysis Of Execution Information And Data Across Major Brokers

Date 10/09/2014

TABB Group, the independent capital markets research and consulting firm, today launched Clarity, an exclusive US equities market trading venue and routing analytics (VRA) service. It is designed to helpmoney managers, institutional investors, brokers and trading venues standardize, gather, aggregate and analyze execution information and data across all major brokers. 

Montréal Exchange And Eris Exchange Announce Swap Futures Licensing Agreement - MX Licenses The Eris Methodology™ For Canadian Dollar Swap Futures

Date 10/09/2014

Montréal Exchange (MX), Canada's derivatives exchange, and Eris Exchange, a US-based futures exchange, today announced a licensing agreement for MX and Canadian Derivatives Clearing Corporation (CDCC) to offer trading and clearing of Canadian Dollar swap futures and options based on the Eris Methodology, Eris Exchange's unique product design and intellectual property for constructing swap futures as a capital-efficient alternative to OTC swaps.

NASDAQ OMX Launches SMARTS Surveillance For Energy - Enables Energy Trading Desks At Producers, Marketers And Financial Services Firms Of Companies To Monitor Trading, Detect And Document Market Abuse And Protect Against Manipulation

Date 10/09/2014

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's leading provider of market technology, today announced the launch of its SMARTS Surveillance for Energy.

Nationwide Building Society Live With AxiomSL’s Platform For COREP Reporting And XBRL Submissions

Date 10/09/2014

AxiomSL, a global provider of regulatory reporting and risk management solutions, was selected by Nationwide Building Society to deliver Bank of England (BOE), Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) reporting requirements. AxiomSL was selected over other solutions on the market, as it is able to accommodate Nationwide Building Society’s complex data infrastructure and automate all of its regulatory reporting needs on one platform.

TheCityUK Welcomes Appointment Of Lord Hill To New EU Commission

Date 10/09/2014

TheCityUK welcomes Lord Hill’s appointment as Commissioner for Financial Stability, Financial Services and Capital Markets Union in President-Elect Juncker’s new EU Commission.  Commissioner-Elect Hill has a reputation as a pragmatic and thoughtful politician and TheCityUK looks forward to working with him.  The City is Europe’s financial centre, a true European asset, well-positioned to serve the needs of manufacturers, retailers, and those involved in every industry across the continent to create sustainable economic growth and high value jobs. 

European Commission - Questions And Answers: The Juncker Commission

Date 10/09/2014

Questions and Answers: The Juncker Commission

President-elect Jean Claude Juncker today announced the allocation of responsibilities in his team and the way work will be organised in the European Commission once it takes office (seeIP/14/984 and SPEECH/14/585). Here are the main facts you should know.

KOR Group Launches Best Execution Accreditation Program - First Service Of Its Kind Designed To Help Firms Reduce Transaction Costs And Achieve Best Execution

Date 10/09/2014

KOR Group LLC, a research, analysis and consulting firm dedicated to increasing transparency in financial services, today announced the launch of its Best Execution Accreditation. The program provides buy-side firms with an independent evaluation and an objective analysis of their adherence to best execution. KOR Group will help its clients identify opportunities to improve execution quality and reduce transaction costs and implementation shortfalls. KOR Group Best Execution Accreditation guarantees clients will comply with best execution regulation or it will refund any client fees paid.

HKEx And LME Host Metals Seminar In Tokyo

Date 10/09/2014

Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME), a member of the HKEx Group, hosted a seminar in Tokyo today (Wednesday) to update participants on the LME's markets.  The theme of the seminar was the metals marketplace.