Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

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  • FESE Calls For Deletion Of Equity OTFs

    Date 12/06/2013

    Today, the European Council will seek to finalise its position on the revision of MiFID I (Markets in Financial Instruments Directive). This Directive, which was adopted in 2004, changed Europe’s trading landscape by increasing the competition between trading venues. However, MiFID I also led to increased market fragmentation and complexity for investors and companies. One of the most contentious issues that the Council will discuss is whether Europe needs yet another type of trading venue: Organised Trading Facilities (OTFs). The Commission initially proposed to introduce OTFs to capture banks’ internal crossing systems (Broker Crossing Networks ‐ BCNs) that currently operate outside MiFID on an Over‐the‐Counter (OTC) basis. BCNs are private clubs open for business to only a limited number of investors. They allow the operator to trade at discretionary prices. The latest changes proposed to the OTF category at the Council seek to further facilitate the business of these trading venues.

  • Thai Bourse Market Report For May 2013

    Date 12/06/2013

    • Daily average trading volume up 76.84 percent year-on-year to THB 58.57 billion (approx. USD 1.95 billion)
    • Market cap of SET was THB 13.43 trillion (approx. USD 447.74 billion), down 1.59 percent from April 2013
    • Derivatives trading volume up 40.94 percent year-on-year to 71,082 contracts per day

  • London Stock Exchange Group Plc - Changes To Board Of Directors Of London Stock Exchange Group Plc

    Date 12/06/2013

    London Stock Exchange Group plc (LSEG) today announces that Stephen O'Connor and Stuart Lewis will join the LSEG Board as Non-Executive Directors with immediate effect. Janet Cohen, Sergio Ermotti and Gay Huey Evans will step down from the Board following the Group's Annual General Meeting on 18 July, at which confirmations of the new appointments will be sought.

  • Social Media Sentiment Proven To Generate Alpha - Data And Analytics Firm, Knowsis, First To Demonstrate Statistical Significance Of Sentiment Data On Trading Strategies

    Date 12/06/2013

    Knowsis is the first service provider that can prove analytics, based on listening into social media, actually works. Rigorous testing by the data and analytics firm has established that a trading strategy utilising social media sentiment data significantly outperforms one that does not. The results have been corroborated by a number of leading quantitative funds. It is the first time proof of this kind has been provided in a real trading environment.

  • Cofunds Routing Orders Through Euroclear’s EMX

    Date 12/06/2013

    Cofunds is linking to Euroclear’s EMX Message System for further electronic fund transaction order routing, enabling Cofunds to reach 95% straight-through processing with the fund managers it interacts.