News Centre

OKTE, HUPX, OPCOM And EPEX SPOT To Implement The PCR Solution In The 4M MC Project

Date 30/04/2014

The Slovak, Hungarian and Romanian market operators / power exchanges together with the Czech market operator are currently implementing a coupling solution for their day-ahead electricity markets (4M MC project) relying on the Price Coupling of Regions (PCR) solution, which has been operating the NWE and SWE regions since 4 February 2014. 

HKFE Announces Revised Margins For China Telecom Futures

Date 30/04/2014

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 Monday, 5 May 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

TheCityUK: Financial Sector Employees Almost Twice As Productive As UK Average

Date 30/04/2014

Employees in the financial and related professional services industry are almost twice as productive as the average UK worker, according to a new report from TheCityUK.

Results Of The April 2014 Euro Area Bank Lending Survey

Date 30/04/2014

• Credit standards on loans to enterprises remained broadly unchanged.
• Credit standards on loans to households for house purchase eased.
• Net demand for loans turned positive across all loan categories.
• The majority of surveyed banks assessed their current level of credit standards to be tighter than the midpoint of the range of credit standards since 2003.

PORR: Capital Increase On The Vienna Stock Exchange

Date 30/04/2014

After a small capital increase in the preceding year, PORR AG has just completed a follow-on offering on the Vienna Stock Exchange. Starting Friday, all new PORR shares will be traded in the segment standard market continuous. The capital increase has raised around EUR 119 million for the Austrian construction company. The share of free float in PORR AG will double after the transaction from 15% to around 34%. PORR AG has been listed on the Vienna Stock Exchange since 1869. 

Report On The Results Of The Survey On The Access To Finance Of SMEs In The Euro Area – October 2013 To March 2014

Date 30/04/2014

• Access to finance remains an important – albeit not the most pressing – concern
• SMEs report less of a deterioration in the availability of finance from external sources
• Financing difficulties remain broadly unchanged, with substantial cross-country differences

IOSCO: Final paper on point of sale disclosure in the insurance, banking and securities sectors released by the Joint Forum

Date 30/04/2014

Today the Joint Forum released its final report on Point of sale disclosure in the insurance, banking and securities sectors.

ICE Benchmark Administration To Become New Administrator Of ISDAFIX

Date 30/04/2014

IntercontinentalExchange Group (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced that following an extensive selection process managed by the International Swaps and Derivatives Association (ISDA), ICE Benchmark Administration (IBA) has been appointed as the new administrator of ISDAFIX.

ICE Benchmark Administration Selected As New ISDAFIX Administrator

Date 30/04/2014

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that ICE Benchmark Administration Limited (IBA) has been selected by ISDA as the new administrator of ISDAFIX.

NASDAQ OMX Enhances Clearing Offering Following EMIR Approval

Date 30/04/2014

NASDAQ OMX Clearing AB announced today that following the EMIR approval and the relating streamlining of processes, lower clearing fees will be implemented and the collateral list will be extended to include additional assets.