News Centre

UK's Financial Conduct Authority Bans And Fines Trader GBP 662,700 For Manipulating Gilt Price During Quantitative Easing

Date 20/03/2014

Mark Stevenson, a bond trader with nearly 30 years' experience, has been banned from the industry and fined £662,700 for deliberately manipulating a UK government bond (gilt) on 10 October 2011.

The UK Financial Conduct Authority Publishes Review Into Delivering ‘Independent’ Financial Advice Following The Implementation Of The Retail Distribution Review

Date 20/03/2014

A thematic review published today by the Financial Conduct Authority (FCA) shows that most advisory firms describing their service as ‘independent’ appeared to use the description accurately. The FCA is also clarifying certain issues to provide further support for those firms that remain unsure what standards they must meet to be able to call themselves ‘independent’.

European Parliament And Council Back Commission's Proposal For A Single Resolution Mechanism: A Major Step Towards Completing The Banking Union

Date 20/03/2014

President of the European Commission, José Manuel Barroso said: Today's political agreement on the single resolution mechanism completes our banking union. This will strengthen confidence and stability in the financial markets and help restore lending to the economy. We promised to do this before the European Parliament elections. I'm delighted we have delivered.

Council Of The European Union: Statement By Minister Yannis Stournaras On The Single Resolution Mechanism

Date 20/03/2014

The Hellenic Presidency this morning reached a provisional agreement with representatives of the European Parliament on the Single Resolution Mechanism regulation. This was done in conjunction with the valuable input and contributions by the Chair of the IGC at Ministerial level, Jeroen Dijsselbloem, on the aspects of the Single Resolution Fund, which was intrinsic in reaching the overall agreement.

Thai Bourse To Build Capital Market Learning Center Equipped With Cutting-Edge Technology

Date 20/03/2014

The Stock Exchange of Thailand (SET) will construct “Thai Capital Market Learning Center,” located at its new head office, to be an ultramodern learning center with trendy interactive self-discovery concept, aiming to encourage general public to realize an importance of investment and financial planning. The center is arranging design and construction auction. Auction rules and term of reference will be provided from March 20 to 27, 2014

Plans For World Class Data Science Research Centre In The UK

Date 20/03/2014

The UK government is creating a world-class research institute specialising in data science dedicated to British WW2 code-breaker Alan Turing. 

Warsaw Stock Exchange Receives Bull & Bear Award

Date 20/03/2014

• Warsaw Stock Exchange has been awarded in the category Financial Market Innovation of the Year 2013 for the implementation of the trading system UTP.
• Wiesław Rozłucki, the first President of Warsaw Stock Exchange in 1991-2006 and current Chairman of the Exchange Supervisory Board, received a Special Award on the 20th Anniversary of Parkiet.

Moscow Exchange: Rostelecom Share Trading To Be Suspended

Date 20/03/2014

Please be reminded that trading in Rostelecom ords and prefs is to be suspended in the Main Trading Mode, with T+2 settlement, from 20 March. The suspension is due to reorganisation of the company.

Fundtech Successfully Brings 20 Customers Onto Global Compliance Plus - Fundtech Onboards Customers To Its New Compliance Filtering Solution

Date 20/03/2014

Fundtech, a market leader in global transaction banking solutions, today announces that it has onboarded 20 of its financial messaging service bureau customers to its new compliance solution, Global Compliance Plus.

Bucharest Stock Exchange: BET Index Family Indices Are Enhanced And New Ones Will Be Launched

Date 20/03/2014

• BET Plus index to be launched in June 2014
• Increased visibility and information flow for BET member companies as of January 2015
• Representiveness of free-float factor in BET index family indices as of June 2014