News Centre

BATS Chi-X Europe Adds More Customers To BXTR Trade Reporting Service - More Than Ten Firms Join “BXTR” In First Six Months Of Full Operation

Date 02/07/2014

BATS Chi-X Europe, Europe’s largest stock exchange, has added further customers to “BXTR”, the exchange’s market-leading suite of on- and off-exchange trade reporting services. The service, which covers more than 11,800 reportable securities, has captured significant market share since its launch in November 2013, with an average €14.7bn reported each day.

CME Group Volume Averaged 12.7 Million Contracts Per Day In June 2014, Down 2 Percent From May 2014

Date 02/07/2014

CME Group, the world's leading and most diverse derivatives marketplace, today announced that June 2014 volume averaged 12.7 million contracts per day, down 2 percent sequentially and down 25 percent from a very strong June 2013.  Total volume for June 2014 was more than 266 million contracts, of which 86 percent was traded electronically.  Second-quarter 2014 volume averaged 12.6 million contracts per day, down 12 percent from a strong second-quarter 2013.  CME Group open interest stands at 92 million contracts at the end of June, up 10 percent year to date in 2014. 

European Commission: Making The Most Of The Data-Driven Economy

Date 02/07/2014

What is big data?

"Big data" is large amounts of data produced very quickly by many different sources. It can be created by people or generated by machines, such as sensors gathering climate information, satellite imagery, digital pictures and videos, purchase transaction records, GPS signals, etc. It covers many sectors, from healthcare to transport and energy.

Moscow Exchange Diversifies Investor Base After Central Bank Sells 11% Stake

Date 02/07/2014

On 2 July 2014, the Central Bank of Russia announced the sale of an 11% stake in Moscow Exchange to the market. The sale is in line with the Central Bank"s obligation to completely exit the shareholder capital of Moscow Exchange by 1 January 2016.

Platts China Steel Sentiment Index Suggests New Steel Orders Drop In July - Monthly Index Totaled 45.90, Down 6.03 Points From June’s Reading Of 51.93

Date 02/07/2014

The health of China’s steel sector appears to have ebbed slightly, with the industry largely anticipating a slowdown in new steel orders in July, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 45.90 out of a possible 100 points and marked a six-month low.

Boerse Stuttgart Records Monthly Turnover Of EUR 6.1 Billion In June - Total Trading Volume For First Half-Year 2014 Just Below Level Of 2013 - Turnover From Discount Certificates Up On Figure For May

Date 02/07/2014

According to its order book statistics, Boerse Stuttgart generated turnover of EUR 6.1 billion in June 2014. Total trading volume for the first six months of 2014 was almost unchanged year on year.

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.