News Centre

OCC Board Of Directors Expands And Welcomes New Members

Date 26/06/2012

OCC announced today the election of six new members to its Board of Directors including two in newly created Public Director roles.

Thomson Reuters Acquires Business Intelligence Provider Zawya Limited - Combination Solidifies Thomson Reuters Comprehensive Coverage Of The Middle East And North Africa Financial Markets And Increases Its Presence Among A Broader Set Of Users

Date 26/06/2012

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that it has acquired Zawya Limited, a regional provider of business intelligence and unique tools for financial professionals in the Middle East and North Africa (MENA). This investment marks Thomson Reuters second acquisition in 2012 across the MENA region and further underscores the organization’s commitment to connecting and enabling the local financial community with leading edge information and tools.

CQG Premieres Spreadsheet Trader For Multimarket Monitoring And Trade Execution

Date 26/06/2012

CQG has launched Spreadsheet Trader in response to trader and broker demand for tools to better navigate and perform in increasingly fragmented markets, the company announced today at the International Derivatives Expo (IDX) 2012.

ITG Launches New Smart Retail Router - Intelligent Router Maximizes Available Liquidity For Retail Broker-Dealers

Date 26/06/2012

ITG (NYSE: ITG), a leading independent execution and research broker, today announced the launch of the new ITG Smart Retail Router, a powerful tool to capture liquidity designed specifically for retail broker-dealers. 

S&P Capital IQ Increases Coverage And Timeliness Of Relative Credit Health Assessment Solution - Enhanced Model For Credit Health Panel Ensures Greater Peer Group Consistency And More Timely Credit Health Panel Coverage

Date 26/06/2012

S&P Capital IQ today announced the availability of an improved credit risk model for providing relative credit assessments for rated and unrated public companies. The model now takes into consideration the timeliest available fundamental information such as press release financials and incorporates enhanced rollback methodology. This enhancement achieves improved real time ranking accuracy and greatly improved performance even when fundamental data variables are unavailable. The enhanced model is available for use within S&P Capital IQ Credit Health Panel.

European Parliament - Bankers' Bonuses: Chat With Vice-President Karas On Facebook

Date 26/06/2012

Debate bankers' bonuses and other economic issues with Othmar Karas

Banks are accused of causing the crisis, but this hasn't prevented some bankers from taking home ten times their base salary in bonuses. Parliament now wants to put a limit on these bonuses and in the coming months will be voting on a proposal on this. Ahead of this important vote vice-president Othmar Karas, an Austrian Christian-Democrat who is guiding the proposal through Parliament, agreed to discuss the plans with our fans on Facebook.

Hong Kong Exchange Renews Contract With NASDAQ OMX And Upgrades To INET-Based Trading Platform - HKEx Migrates To Genium INET Powered Platform For Derivatives Trading And Clearing

Date 26/06/2012

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announces that the Hong Kong Exchanges & Clearing Ltd (HKEx) will upgrade its derivatives trading system (HKATS) and clearing system (DCASS) to NASDAQ OMX's Genium INET technology. In addition HKEx has extended its support contract with NASDAQ OMX for a further five years. The platform upgrade is scheduled to be in effect by fourth quarter of 2013.

European Summit: EESC President Urges Decision On Master Plan For Europe - Sustainable Growth And Employment Will Come Only Through Fiscal, Financial And Political Union

Date 26/06/2012

For EESC president Staffan Nilsson the moment of truth has come: “This is the final round for the euro and European integration; this time it cannot be just one more European summit because people have lost faith. Either the eurozone - with Europe in its wake - will make the quantum leap in integration or it will break apart.” Since the Lehmann brothers bankruptcy, the EESC has been calling for more European integration as the only appropriate response to the crisis. Now, after years of intergovernmentalism in Europe and with too many small, half-hearted steps, only a true master plan with a clear roadmap attached can save Europe from disintegration and disorder and pave the way for sustainable growth and employment.

Dion Launches OTC Pricing & Risk Management Tool - Global Financial Services Software Provider Launches Dfferentia

Date 26/06/2012

Dion Global Solutions (Dion) (BSE: 526927), technology partner to the financial services industry, has today launched dfferentia: a hosted pricing, valuation and multi-asset class risk management solution for buy and sell side institutions. dfferentia will provide more accurate and efficient pricing of OTC derivatives than previously available and has been developed by Dion in response to market demand.

STOXX Launches Euro iSTOXX 50 Equal Risk Index - New Index Initiated By And Licensed To Lyxor To Underlie Exchange-Traded Fund

Date 26/06/2012

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of the EURO iSTOXX 50 Equal Risk Index. The new strategy index applies an equal risk contribution (ERC) concept to the EURO STOXX 50 Index in order to spread the overall risk of the portfolio equally between the 50 index components. The new index, which is based on the Modern Portfolio Theory, aims to achieve maximum risk diversification.