News Centre

European Commission Speech: Financial Transaction Tax through Enhanced Cooperation

Date 14/02/2013

Ladies and Gentlemen,

It is a great pleasure to be able to present today's proposal to you.

It sets out the details of the Financial Transaction Tax to be applied by 11 Member States through enhanced cooperation.

From Brussels With Love: Financial Transaction Tax Under Enhanced Cooperation: European Commission Sets Out The Details

Date 14/02/2013

The details of the Financial Transaction Tax (FTT) to be implemented under enhanced cooperation have been set out in a proposal adopted by the Commission today. As requested by the 11 Member States¹ that will proceed with this tax, the proposed Directive mirrors the scope and objectives of the original FTT proposal put forward by the Commission in September 2011 (IP/11/1085). The approach of taxing all transactions with an established link to the FTT-zone is maintained, as are the rates of 0.1% for shares and bonds and 0.01% for derivatives.

EEX Creates Pan-European OTC Clearing Service Offering- Three Further Products To Be Launched In February

Date 14/02/2013

The European Energy Exchange (EEX) is expanding its range of OTC clearing services step by step, to include additional products not traded on EEX or other European Commodity Clearing (ECC) partner exchanges. Together with the clearing house ECC, EEX will launch three further products for OTC clearing on 25 February 2013.

Flash Estimate For The Fourth Quarter Of 2012 Euro Area GDP Down By 0.6% And EU27 Down By 0.5% -0.9% And -0.6% Respectively Compared With The Fourth Quarter Of 2011

Date 14/02/2013

GDP fell by 0.6% in the euro area1 (EA17) and by 0.5% in the EU271 during the fourth quarter of 2012, compared with the previous quarter, according to flash estimates2 published byEurostat, the statistical office of the European Union. In the third quarter of 2012, growth rates were -0.1% and +0.1% respectively.

Exchanges Sector Sees Stellar Growth - January 2013 Index Closed Up 10.5 Per Cent – Highest Rise In The Past Year

Date 14/02/2013

The exchanges sector experienced exceptional performance growth across the board in January to kick off the New Year, according to the FTSE Mondo Visione Exchanges Index.

European Commission: Enhanced Cooperation On The Financial Transactions Tax

Date 14/02/2013

On 14 February, the European Commission will adopt the substantive proposal for a Directive on the Financial Transactions Tax (FTT) to be implemented under enhanced cooperation.

Europe Likely To Recover From The Financial Crisis In 2014, Says S&P Capital IQ Equity Research

Date 14/02/2013

The storm in Europe is slowly calming, according to S&P Capital IQ Equity Research analysts who anticipate the fifth year after the financial crisis will see the beginning of a recovery for the European market. 

Nigerian Stock Exchange Signs MoU With Thomson Reuters On Value Added Services

Date 14/02/2013

The Nigerian Stock Exchange has signed a Memorandum of Understanding (MoU) with Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, to provide Investor Relations Services to its listed companies, as part of its Value Added Services (X-Value) bouquet.

ESMA Publishes The Feedback Statement To The Consultation On Considerations Of Materiality In Financial Reporting

Date 14/02/2013

Please click here to access the document.

HKEx To Introduce After-Hours Futures Trading On 8 April

Date 14/02/2013

Hong Kong Exchanges and Clearing Limited (HKEx) announced today (Thursday) that it received regulatory approval for rule changes that will enable it to offer After-Hours Futures Trading (AHFT) and it plans to introduce AHFT on Monday, 8 April 2013.