News Centre

Tullett Prebon Information Named Best Data Provider At Inside Market Data Awards For Fourth Consecutive Year

Date 22/05/2014

Tullett Prebon Information, a leading provider of independent real-time price information from the global OTC financial and commodity markets has been named Best Data Provider (Broker) at the Inside Market Data Awards.

European Central Bank: Annual Report Shows TARGET2 Processed A Greater Total Volume Of Payments In 2013

Date 22/05/2014

• TARGET2 processed 91% of the total value settled by large-value euro payment systems

• Value of transactions decreased by 22.2% on account of new data collection methodology

• Almost 57,000 credit institutions across the world can be addressed via the system

SGX Welcomes Listing And Depository Of Hainan Airlines Offshore RMB Bond

Date 22/05/2014

Singapore Exchange (SGX) welcomes the listing of Hainan Airlines’ 1.7 billion RMB (S$341 million) bond with a coupon at 6.25% maturing on 22 May 2017.  This is the first corporate Renminbi (RMB) bond, which will be listed on 23 May 2014, to be cleared in Singapore and deposited with SGX’s Central Depository (CDP).

MARF Admits A Comercial Paper Programme By Tubacex To Trading - With A Maximum Value Of €29.9 Million

Date 22/05/2014

The Mercado Alternativo de Renta Fija (MARF) has admitted to trading a commercial paper programme launched by Tubacex, which has a maximum value of €29.9 million.

Consumer Credit Firms Must Raise Advertising Standards, Says UK's Financial Conduct Authority

Date 22/05/2014

Credit firms need to do more to ensure their adverts and promotions do not mislead potential customers. The findings come as Financial Conduct Authority (FCA) statistics show that one in five adverts from consumer credit firms, for products including payday loans, fell short of the FCA’s financial promotion expectations - although most firms were quick to make changes once the shortcomings were pointed out.

Sourcing The Right Collateral Increasingly A Priority For Financial Industry In Asia, Shows Poll At Clearstream And SGX Conference

Date 22/05/2014

• Every other delegate at fifth annual Global Securities Financing Conference Asia believes there will be a shortfall of collateral in the next 12 to 24 months
• Clearstream and Singapore Exchange (SGX) collaboration will deliver collateral management solutions for Asian market
• Fifth annual Global Securities Financing Conference Asia in Singapore brings together more than 150 delegates from across the Asia-Pacific region

Bank Of England: Minutes Of The Monetary Policy Committee Meeting Held On 7 And 8 May 2014

Date 22/05/2014

​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.

Volta Data Centres Announces Team Expansion To Strengthen Commitment To London Businesses

Date 22/05/2014

Volta, developer and operator of central London’s newest purpose-designed, carrier-neutral data centre, today announced the expansion of its team to further strengthen its commitment to providing tailored services for businesses requiring colocation in the heart of London.

EEX Sees First Coal Trades Registered After Re-Launch

Date 22/05/2014

Yesterday, the European Energy Exchange (EEX) launched its new coal initiative and registered first trades for clearing via European Commodity Clearing (ECC). The first registered transaction for delivery in June 2014 was concluded between EnBW Energie Baden-Württemberg AG and STEAG GmbH and matched by the broker GFI Group. The volume comprised 5,000 tonnes traded at a price of USD 75.35 per tonne. The total volume registered amounted to 20,000 tonnes.

Calastone Celebrates Success Of Proquote Connection With Investec Wealth & Investment

Date 22/05/2014

Calastone, the global fund transaction network, is pleased to announce the successful implementation of their Proquote connection. Calastone’s connection with Proquote, which is owned by the London Stock Exchange and provides comprehensive real-time market data coverage of the global markets with integrated trading supporting a number of exchange venues, has already seen Investec Wealth & Investment (IW&I), which is part of the Investec Group, send through over 75% of their order routing volumes via automation.