News Centre

HKFE Announces Margin Rates For Adjusted Li & Fung Futures Contracts

Date 02/07/2014

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, 3 July 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the adjusted Li & Fung Ltd. futures contracts will be as outlined in the table below. The margins are based on the clearing company’s normal procedures and standard margining methodology.

Fidessa Launches New Affirmation Service For The Buy-Side - Next Phase Of Post-Trade Strategy Delivers Comprehensive Workflow Across FIX

Date 02/07/2014

Fidessa group plc (LSE: FDSA) has today announced the next phase of its post-trade strategy with the launch of an affirmation management service (AMS) for the buy-side. Fidessa AMS is a new class of application that automates the workflow for direct trade affirmation between the buy-side and sell-side, delivering a faster, cheaper and more accurate alternative to current solutions. It also complements Fidessa's existing sell-side community and its FIX-based Post-trade Hub launched last year.

Goldensource Responds To Industry Requirement For A Single, Centralized Entity Master

Date 02/07/2014

GoldenSource, a leading independent provider of Enterprise Data Management (EDM) solutions to the securities and investment industry, has enhanced its EDM platform to meet the industry requirement for a single, centralized entity master.

Clearstream-Sponsored Study Reveals Need For “Collateral Value Chain” To Enable Up To Eur 40 Billion In Equity Capital Savings For European Banks - Study Reveals That “Collateral Value Chain” Would Allow Banks To Reduce Their Basel III Equity Capital Requirements By Up To 20 Percent Or Eur 40 Billion - Study Defines “Collateral Value Chain” As A Succession Of Sequential Steps That Make It Possible To Select Securities, Ensure Their Availability And The Robustness Of The Liquidation Process - Study Is Based On Qualitative And Quantitative Survey By Elton-Pickford Of 22 Institutions Incl. Banks Which The European Central Bank Considers Eight As “Systemic”

Date 02/07/2014

The new study “Collateral optimisation – the value chain of collateral: Liquidity, cost and capital perspectives” by Clearstream and Elton-Pickford finds that European banks could reduce their Basel III equity capital requirements by up to 20 percent – an equivalent of EUR 40 billion – through efficient collateral optimisation. 

Euroclear Supports UK Government’s First Issue Of An Islamic Bond

Date 02/07/2014

Euroclear UK & Ireland (EUI), the central securities depository for the United Kingdom, is co-operating with the Government’s Debt Management Office to bring to market the first ever UK Sovereign Sukuk bond. The United Kingdom becomes the first nation outside the Islamic world to bring such an instrument, which has been sold to both domestic UK and international investors. Primary issuance of this bond will occur at Euroclear Bank, the Brussels-based international central securities depository.

Vienna Stock Exchange: EUR 3.1 Billion In Capital Raised In 1HY 2014

Date 02/07/2014

• Successful 1HY 2014: solid growth in trading volumes
• Transaction volumes year-to-date higher than aggregate of two preceding years
• New record in market making mandates – lively interests of international trading members
• ATX with upside potential – moderate valuations in international comparison

British Broker Netagio Celebrates 1st Anniversary Of Helping Investors Buy And Sell Bitcoins And Gold - Customers Illustrating Increasing Appetite For Asset Class Offsets And International Bitcoin Payments

Date 02/07/2014

Netagio the UK-based digital currency broker today celebrated its first anniversary of trading.  Since launch, it has built an early reputation and ever-growing client base of retail customers and institutional investors buying and selling one of the oldest commodities – gold, the newest form of currency - Bitcoin in exchange for the major currencies, GBP, EUR and USD. 

Euronext Welcomes NN Group To Amsterdam Exchange - Largest Initial Public Offering In Continental Europe Since 2011

Date 02/07/2014

Shares in international insurance and investment management company NN Group N.V. today began trading on the Amsterdam market of Euronext, after its successful Initial Public Offering (IPO). With a total offering valued at €1.54 billion NN Group is the largest IPO in continental Europe since 2011.

Japan’s Financial Services Agency Publishes A Partial English Translation Of The Comprehensive Guidelines For Supervision Of Major Banks, Etc.

Date 02/07/2014

The "Recommendations for Vitalizing Financial and Capital Markets" released by "The Panel for Vitalizing Financial and Capital Markets" on December 13, 2013, recommended that "financial-related laws, ordinances, and guidelines should be translated into English." The FSA published today an English translation of the supervisory viewpoints for foreign bank branches written in the Comprehensive Guidelines for Supervision of Major Banks, etc, and the related parts.

European Commission: Vice-President Michel Barnier Welcomes Court Of Auditors' Special Report: “European Banking Supervision Taking Shape - EBA And Its Changing Context”

Date 02/07/2014

I welcome the Court of Auditors' thorough analysis of European banking supervision. I broadly share the findings of their report. Throughout the process, my services have submitted a number of precisions and clarifications to the Court, the vast majority of which have been taken on board and I congratulate the Court on the way that process was carried out.