News Centre

European Parliament: Bank Troubles And Eurozone's Future Shape Dominate Draghi Discussion

Date 09/07/2012

A "reasonable concept by the end of the year" for EU bank supervision is the top priority, ECB President Mario Draghi told Economic and Monetary Affairs Committee MEPs on Monday. The ECB could undertake this task, with the European Parliament having a central role to ensure democratic accountability and legitimacy, he insisted.

The Dow Jones-UBS Commodity Indexes’ Industry Commentary

Date 09/07/2012

This commentary is a monthly analysis of the commodities universe written by Christine Marie Nielsen, a veteran financial journalist. For eight years, Ms. Nielsen covered the Chicago futures exchange and economic news for Dow Jones Newswires. She's also hosted a syndicated radio show on the stock and futures markets from the floor of the Chicago Board of Trade. Ms. Nielsen currently works as an editor on MarketsWiki.com, an online open source knowledge project for current and historical information about the global exchange-traded capital, derivatives, environmental and related OTC markets.

DTCC Calls On Industry To "Fully Dematerialize" U.S. Financial Services Market

Date 09/07/2012

The Depository Trust & Clearing Corporation (DTCC) today outlined a proposal to fully dematerialize the U.S. financial services industry, helping reduce the costs and risks associated with existing physical securities.  The multi-year program is designed to further drive the elimination of all remaining physical certificates in the U.S. market. 

Dow Jones-UBS Commodity Indexes June 2012 Performance Report

Date 09/07/2012

The Dow Jones-UBS Commodity Index was up 5.49% for the month of June. The Dow Jones-UBS Single Commodity Indexes for corn, soybean meal and wheat had the strongest gains with month-end returns of 25.40%, 15.52% and 14.39%, respectively. The three most significant downside performing single commodity indexes were aluminum, tin and feeder cattle, which ended the month down 4.59%, 4.07%, and 3.41% respectively.

ESMA Publishes Two Q&A On UCITS

Date 09/07/2012

SMA has today published the following Q&A:

Notification of UCITS and exchange of information between competent authorities

Risk Measurement and Calculation of Global Exposure and Counterparty Risk for UCITS

Equinix To Provide Connectivity To BATS Global Markets’ Secondary Data Facility In Chicago - BATS To Leverage Platform Equinix In Chicago Metro-Area

Date 09/07/2012

Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and BATS Global Markets, Inc. (BATS) today announced that Equinix will offer its customers connectivity to BATS’ secondary data center facility in Chicago.

SEC Approves Rules And Interpretations On Key Terms For Regulating Derivatives

Date 09/07/2012

The Securities and Exchange Commission late Friday took another step toward regulating the over-the-counter derivatives market by unanimously approving rules and interpretations for key definitions of certain derivative products.

Clearstream’s June 2012 Figures

Date 09/07/2012

In June 2012, the value of assets under custody held on behalf of customers registered a decrease of 2 percent to € 11.1 trillion (compared to € 11.3 trillion in June 2011). Securities held under custody in Clearstream’s international business increased by 2 percent from € 5.9 trillion in June 2011 to € 6.0 trillion in June 2012 – while domestic German securities held under custody decreased by 6 percent from € 5.4 trillion in June 2011 to € 5.0 trillion in June 2012.

SunGard And Advent Software Offer Advanced Workflow For Wrap/Separately Managed Accounts

Date 09/07/2012

SunGard and Advent Software, Inc. (NASDAQ: ADVS), leading providers of software and services for the global financial services and investment management industry, have introduced an integrated trading solution that helps “wrap” managers conduct business with sponsors directly via the SunGard Global Network (SGN) and Advent’s Moxy® order management system (OMS). This centralized and automated solution helps firms expand their separately managed account (SMA) business more quickly, increase efficiency and reduce costs and errors.

Princeton Financial Systems Hires DVS Product Director

Date 09/07/2012

Princeton Financial^® Systems, a global leader in providing accounting, compliance and reporting solutions to the investment industry, today announced the hire of Frank Gärtner as DVS Product Director. Based in Frankfurt, Mr. Gärtner will oversee global initiatives of the DVS Fund Warehouse and DVS Publisher Suite.