News Centre

CPSS And IOSCO Monitor The Implementation Of The PFMIs

Date 17/04/2013

The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have started the process of monitoring implementation of the Principles for financial market infrastructures (the PFMIs). The PFMIs are international standards for payment, clearing and settlement systems, including central counterparties, and trade repositories. They are designed to ensure that the infrastructure supporting global financial markets is robust and well placed to withstand financial shocks. The PFMIs were issued by CPSS-IOSCO in April 2012 and jurisdictions around the world are currently in the process of implementing them into their regulatory frameworks to foster the safety, efficiency and resilience of their financial market infrastructures (FMIs). 

Luxembourg Stock Exchange Annual General Meeting

Date 17/04/2013

The Luxembourg Stock Exchange held its annual general meeting on 17 April 2013.

VOLTA Data Centre At TradeTech – Stand 23

Date 17/04/2013

Volta Great Sutton Street, formerly the Reuters Building, is a new 9.6MW, 91,000 sq ft carrier neutral data centre designed for the latency-sensitive financial sector. Ideally located in immediate proximity to the City of London, Volta provides connectivity to key liquidity trading venues and sub-millisecond latency via an ever-growing list of carriers.

New BPO Rules And Tools To Help Banks Transform Their Supply Chain Finance Services - SWIFT And ICC Release New Legal And Technology Standards For Open Account Trade

Date 17/04/2013

SWIFT, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, and the Banking Commission of the International Chamber of Commerce (ICC), announced today that new legal and technology standards for Bank Payment Obligation (BPO) are now available.

IntercontinentalExchange Announces Launch Of Russell 2000 Growth And Value Index Futures

Date 17/04/2013

IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, announced today it will introduce two new Russell Index futures contracts. The contracts will be based on the Russell 2000® Growth and Russell 2000® Value Indexes and will begin trading on April 22, 2013, subject to regulatory review.

NYSE Technologies Launches Consolidated Feed For Level 1 Market Data - High-Quality, Lower Cost Alternative For Top Of Book Data For All NYSE U.S. Equities Exchanges

Date 17/04/2013

NYSE Technologies, the commercial technology division of NYSE Euronext, today announced the launch of NYSE BQT (Best Quote & Trades), a consolidated XDP feed that provides a real-time, unified view of Level 1 market data, including Best Bid/Offer and Last Sale information for the NYSE, NYSE Arca, and NYSE MKT exchanges including NASDAQ issues traded on NYSE Arca and NYSE MKT. NYSE BQT is a more flexible and affordable alternative to the range of expensive Level 1 market data offerings currently available.

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.