News Centre

ACER Market Monitoring Report 2014 - Why Is The Decrease In Wholesale Energy Prices Not Reflected In Retail Prices?

Date 22/10/2014

Despite a general decrease in wholesale energy prices, gas and electricity retail prices continued to grow in 2013, although at a slower pace than in previous years. On average, the electricity bill for households increased by 4.4% while gas prices rose by 2.7%. The latest Market Monitoring Report presented today in Brussels by the EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) identifies a vicious circle in many Member States wherein a lack of competition results in low switching rates, which is sometimes used to justify regulated tariffs which, in turn, can hamper competition.

SilverSky Acquisition To Enhance BAE Systems Commercial Cyber Growth Strategy

Date 22/10/2014

BAE Systems has entered into a definitive agreement to acquire Perimeter Internetworking Corp., which trades as SilverSky, a commercial cyber service provider, for $232.5 million (approximately £144.4 million) on a cash free and debt free basis.

New European Commission: The Commissioners And Their Portfolios

Date 22/10/2014

The new European Commission, led by Jean-Claude Juncker, has now been formally elected by the European Parliament in Strasbourg with 423 votes in favour, 209 against and 67 abstentions. It will starts its five-year term on 1 November. Find out more about its composition, the new commissioners and their portfolios in our infographic.

Nasdaq Lists The Recon Capital DAX Germany ETF - One Of The Leading Indices For Financial Products In The World

Date 22/10/2014

Nasdaq today announced that Recon Capital will list a new exchange traded fund, The Recon Capital DAX Germany ETF (Symbol: DAX), on The Nasdaq Stock Market. DAX will begin trading on Nasdaq Thursday, October 23, 2014.

Alacra-NICE Actimize Alliance Creates New Risk And Anti-Money Laundering Solution - Collaboration Creates Industry-Leading Customer Risk Assessment Solution

Date 22/10/2014

Alacra, the leader in client onboarding, reference data and business research solutions, has announced today a formal alliance with NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest provider of financial crime, risk and compliance software for the global financial services industry. The alliance will integrate Alacra’s market-leading customer onboarding and Know-Your-Customer (KYC) tools into the NICE Actimize Customer Due Diligence (CDD) anti-money laundering (AML) solution. The combined offering will create one of the most advanced and innovative customer scoring engines and risk assessment tools in the marketplace.

REDI Strengthens Dallas-Area Presence With Move To New Plano Office

Date 22/10/2014

REDI Holdings LLC (“REDI”), the independent, industry-backed provider of the REDIPlus® trade management platform, today announced the successful completion of its move to a new 10,000 square foot facility in Plano, Texas. The new office, located at 7800 North Dallas Parkway, will accommodate the firm’s Dallas-area growth ambitions and provide clients in the region with continued access to local resources.

ESMA Publishes Updated Q&A On Prospectus Issues

Date 22/10/2014

The European Securities and Markets Authority (ESMA) has published an updated version of its Q&A on Propectus issues.

Nasdaq eSpeed Introduces U.S. Treasury Bills Trading On Its Fully Electronic Platform - New Functionality To Expand Trading Opportunities And Improve Cost Efficiencies

Date 22/10/2014

Nasdaq (Nasdaq:NDAQ) today announced that eSpeed, the exchange group's over-the-counter platform for electronic trading in U.S. Treasury securities, successfully introduced U.S. Treasury Bill (TBills) with notional average daily volume exceeding $4 billion and daily highs exceeding $10 billion.

Parliament Elects New European Commission

Date 22/10/2014

MEPs approved the new college of 27 Commissioners, as presented by its President-elect Jean-Claude Juncker on Wednesday morning, with 423 votes in favour, 209 against and 67 abstentions. The new Commission now needs to be formally appointed by EU heads of state or government to enable it to take up duty on 1 November for a five-year term.

TheCityUK Welcomes The Confirmation Of The New EU Commission

Date 22/10/2014

In response to the confirmation of the new EU Commission, Chris Cummings, Chief Executive, TheCityUK, said:

“With the new EU Commission now formally voted in by the European Parliament, the financial and related professional services industry across Europe has an important role in helping to deliver the jobs and growth agenda set out by President-elect Juncker.   His vision for the mandate is clear – a Europe that will return to growth, which is stronger and more cohesive with renewed financial stability."