News Centre

ICAP launches UK SEF - IGDL, The First Global SEF, Regulated By The CFTC & FCA

Date 16/05/2014

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announced yesterday that its UK subsidiary, ICAP Global Derivatives Limited (IGDL), has officially launched having received temporary Swap Execution Facility (SEF) approval from the US Commodity Futures Trading Commission (CFTC). IGDL is the first global SEF and Multilateral Trading Facility (MTF), regulated by both the CFTC and the UK Financial Conduct Authority (FCA). 

Malawi Stock Exchange Weekly Report -16 May, 2014

Date 16/05/2014

Click here to download Malawi Stock Exchange's weekly report.

Monetary Authority Of Singapore: Influential Economist And Former U.S. Under Secretary For International Affairs, Professor John B. Taylor, Appointed As MAS Term Professor At National University Of Singapore

Date 16/05/2014

The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor John B. Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P Shultz Senior Fellow in Economics at the Hoover Institution, as the MAS Term Professor in Economics and Finance from 18 to 25 May 2014. Prof Taylor will be hosted by the NUS Faculty of Arts and Social Sciences’ Department of Economics, the NUS Business School, and the Economic Policy Group at the MAS during the term of the Professorship.

Consumer Credit Firms Must Raise Advertising Standards, Says UK's Financial Conduct Authority

Date 16/05/2014

Credit firms need to do more to ensure their adverts and promotions do not mislead potential customers. The findings come as Financial Conduct Authority (FCA) statistics show that one in five adverts from consumer credit firms, for products including payday loans, fell short of the FCA’s financial promotion expectations - although most firms were quick to make changes once the shortcomings were pointed out.

SIX Swiss Exchange: Shares Of HIAG Immobilien Holding AG (HIAG) Open At CHF 76.00

Date 16/05/2014

Today, the shares of HIAG Immobilien Holding AG (“HIAG Immobilien”) were traded for the first time under the “Standard for Real Estate Companies” of SIX Swiss Exchange, opening at CHF 76.00. This corresponds to a total market capitalization of around CHF 608 million.

Global Financial Markets Association Elects New Chair And CEO

Date 16/05/2014

The Global Financial Markets Association (GFMA), which represents the common interests of the world’s leading financial and capital market participants, announced a leadership transition as the terms of the current Chair and CEO expire. The appointments were approved at GFMA’s Board of Directors meeting in London.

UOB Becomes First Eurex Clearing Member In Asia - Extension Of Eurex Clearing’s Global Member Network - UOB Also To Actively Support Eurex/TAIFEX Link

Date 16/05/2014

Eurex Group, operator of Europe’s largest derivatives marketplace and leading clearing house and part of Deutsche Börse Group, welcomes United Overseas Bank Ltd. (UOB), Singapore, as a new member of Eurex Clearing. With today’s admission, UOB is the first Asian-based Eurex Clearing member. This allows UOB to clear business of Asian and international Eurex trading members and to provide the respective services to them.

Despite Concerns About High Frequency Trading, European Financial Industry Participants Have Not Changed How They Interact With Markets

Date 16/05/2014

ConvergEx Group, a leading provider of global brokerage and trading-related services, has released the results of its European Equity Market Structure Survey, exploring the concerns and actions of financial industry participants regarding high frequency trading (HFT), regulatory oversight and market stability. The survey found that less than a third (28%) of respondents believe that European equity markets are currently fair for all participants, and almost twice as many believe that HFT is harmful (28%) as believe it is helpful (14%). Despite these concerns, more than two-thirds (67%) report that they have not made any changes to the way they interact with markets.

MNI China Business Indicator Increases To 53.7 In May From 51.1 In April - Confidence At Five Month High Amid Better Credit Conditions

Date 16/05/2014

Business confidence rose to a five month high in May, a possible indication that some of the mini-stimulus measures announced in early April could be feeding through to the economy, amid evidence that our survey panel is finding it easier to obtain credit.

April 2014 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 16/05/2014

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and C totaled 138.8 billion shares, a decrease of 4.1% monthly, and decrease of 0.9% annually.
• In April 2014, off-exchange trading accounted for34.7% of the shares traded in NMS Equity Securities, a decrease of 0.8% compared to last month.
• NYSE-listed securities share volume was 71.8 billion shares, a decrease of 0.5% monthly and decrease of 7.1% annually.
• Share volume in NASDAQ-listed securities was 44.5 billion shares, a 5.1% monthly decrease and 19.8% annual increase.