News Centre

Burgundy - Introduction Of Circuit Breakers For Certain Instruments

Date 17/04/2013

In connection with the Burgundy migration to Millennium Exchange, circuit breakers will be defined for a selection of instruments I the "Most traded" segments (CMT, HMT and SMT). The limit for the circuit breaker will normally be +/- 10% from last traded price. When a circuit breaker is triggered, the instrument goes into an auction ("Re-opening the Auction Call") which lasts for one minute.

Irish Stock Exchange: Strong Performance Across Equity And Bond Markets

Date 17/04/2013

• Highest quarterly trades ever recorded on ISE [786k] demonstrates underlying liquidity and strong demand for trading on ISE
•  ISEQ up 16.5%, continuing 2012 momentum with biggest Q1 gain since 1998
• 44% upsurge in equity turnover confirms positive performance of Irish equity markets
• Turnover and trading levels in Irish Government securities also show large % gains

Statement On Cyprus In The European Parliament

Date 17/04/2013

President, Honourable Members,

As President Barroso is attending the funeral of Baroness Thatcher today, I am presenting the Commission's views in this important debate together with my colleagues Joaquin Almunia and Michel Barnier, with whom we have worked very closely as a team in the past years.

smartTrade Is Elected As A Winner Of Red Herring Top 100 Europe 2013

Date 17/04/2013

Red Herring announced its Top 100 award winners, selecting smartTrade in the financial technology area for its innovation and technology.

UK's Financial Conduct Authority Charges Eight Men In Relation To Land Banking

Date 17/04/2013

Eight men have been charged by the Financial Conduct Authority (FCA) with conspiracy to defraud contrary to common law between August 2008 and November 2011 and criminal offences relating to the carrying out of a regulated activity without authorisation or exemption contrary to s.19 FSMA 2000.

Bloomberg: Lawsuit Filed Against The CFTC To Hault The Implementation Of Flawed Swaps Regulation

Date 17/04/2013

Yesterday afternoon Bloomberg filed a lawsuit in the U.S. District Court for the District of Columbia to prevent the U.S. Commodity Futures Trading Commission (CFTC) from implementing flawed regulation relating to the clearing of swaps that will put our financial markets in jeopardy.

DGCX Daily Volumes Cross 100,000 Contracts Mark

Date 17/04/2013

• Exchange trades 103,126  contracts on Tuesday, 16 April
• DGCX also registers highest daily overall value of  $3.8 billion

SunGard Launches Valdi Trading Analytics To Help Improve Trading Profitability

Date 17/04/2013

SunGard is expanding its Valdi suite of trading solutions with the introduction of Valdi Trading Analytics (VTA). SunGard’s VTA is a global offering that brings real-time trade execution performance and financial analytics to the front office, helping financial services firms operate smarter and achieve competitive advantage by improving trading profitability and better managing firm-wide trading expense reconciliation. Firms can use VTA as a managed or hosted solution.

S&P Capital IQ’s Real Time Solutions Announces Advanced Genetic Algorithm Capabilities

Date 17/04/2013

S&P Capital IQ’s Real Time Solutions has announced the latest release of its automated trading platform. QuantFACTORY 5.3.2 includes a number of new features, based on continuous client feedback and extensive development, which will help strengthen its overall capabilities and performance.

Finansinspektionen (FI) Swedish Financial Supervisory Authority: Investment Firms Will Pay Administrative Fines For Deficiencies In Advising Activities

Date 17/04/2013

Investment firms Global Invest and Larsson & Partner had deficiencies in their advising activities and in some cases seriously disregarded the interests of their clients. They are therefore receiving a warning and a remark, respectively, and each must pay an administrative fine.