News Centre

ETFGI: Global ETF And ETP Assets Suffer A 3.2 Percent Decline In January 2014 Based On Net Outflows Of US$7.6 Billion And Market Performance

Date 10/02/2014

In January 2014, global ETF/ETP assets fell by 3.2% to US$2.32 trillion based on negative market performance and net outflows of US$7.6 billion, according to preliminary findings from ETFGI’s January 2014 Global ETF and ETP industry insights report. January was a difficult month for emerging and developed equity markets.

UK’s Financial Conduct Authority Publishes Its Findings On Transition Management

Date 10/02/2014

Over £165 billion of assets invested in pensions and other large funds are transferred between investment managers, markets and products every year – potentially affecting the returns enjoyed by millions of consumers on their investments – by 13 specialist transition management (TM) providers. Following the Financial Conduct Authority’s (FCA) first review of the sector, firms have today been advised to ensure that their controls, oversight and governance arrangements meet our requirements in all areas.

Moscow Exchange Updates Methodologies For Its Equity Indices

Date 10/02/2014

On 4 February 2014 Moscow Exchange approved changes to the methodology used to calculate the Broad Market, Second-Tier, Blue-Chip, MICEX Innovation and Sectoral Indices.

Power Exchanges APX, Belpex, EPEX SPOT, Nord Pool Spot And OMIE Agree On The European Cross-Border Intraday Solution

Date 10/02/2014

The Power Exchanges APX, Belpex, EPEX SPOT, Nord Pool Spot and OMIE are pleased to confirm the signing of a cooperation agreement for a common European cross border intraday solution. In addition, an early start agreement was signed with Deutsche Börse AG for the delivery of a technical system.

Squawker® High-Touch Trading Venue Grows To 300+ Users, From 80 Sell Side Firms, Across 13 Countries - Traders’ Squawks Take Average Trade Size On Squawker To €386k

Date 10/02/2014

Squawker®, the high-touch trading venue for the sell-side, today announced its latest trading statistics:

• 80 firms now on Squawker, the community continues to grow;
• 300+ sell-side traders on Squawker daily;
• €386k is the average trade size on Squawker (significantly higher in large Caps): natural block liquidity;
• The top 20 sectors have hit rates on Squawker above 40%. Average hit rate across all sectors and markets is 18%;
• 87% of trade invitations are accepted; proving that trades on Squawker are not prone to spoofing;
• 45% of trades are agreed within 5 minutes rising to 70% within 20 minutes. Squawker is the efficient way to find the natural opposite counterpart, without algos or HFT.

CME Group To Launch Euro-Denominated Deliverable Interest Rate Swap Futures - New Product Will Provide Opportunities For Capital And Margin Efficiencies And Automatic Risk Management Benefits

Date 10/02/2014

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch Euro-Denominated Deliverable Interest Rate Swap Futures (Euro DSF) contracts on April 14, 2014, pending CFTC review.  

MNI Russia Consumer Indicator Rises To 99.3 In January From 95.7 In December - Sentiment Up Ahead Of Sochi Olympics

Date 10/02/2014

The MNI Russia Consumer Indicator increased for the second consecutive month in January to the highest level since October, partially fuelled by the upcoming Sochi Winter Olympics.

Hong Kong's Securities And Futures Commission Bans Stephen Yenn Man Han For life

Date 10/02/2014

The Securities and Futures Commission (SFC) has banned Mr Stephen Yenn Man Han from re-entering the industry for life.

Invitation To The Ordinary Annual General Assembly Meeting Dubai Financial Market Company (Public Joint Stock Company)

Date 09/02/2014

The Board of Directors of Dubai Financial Market (PJSC) is pleased to invite DFM shareholders to attend the Ordinary Annual General Assembly Meeting which will be held on Monday 3rd March 2014 at 5:00pm, Dubai Financial Market Trading Floor, Dubai World Trade Centre, Dubai, United Arab Emirates, to conduct the following business:

DFM Accredits 3 New Brokerage Firms For Direct Market Access (DMA)

Date 09/02/2014

Dubai Financial Market (DFM) today announced that NBAD Securities, Argaam Securities and Emirates NBD Securities have been accredited to provide Direct Market access (DMA) for global brokers lifting the number of DMA service providers to 9 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).