News Centre

Q3 Earnings Will Be Crucial In Resolving The Tug Of War Between Bulls And Bears, By Jeffrey O'Connor, Head Of Market Structure, Americas, At Liquidnet

Date 12/07/2023

“Despite lower volatility and greater depth of book driving the most favourable trading conditions in US equities for over 18 months, the majority of institutional investors remain on the fence. In anticipation of several seminal market events, including another likely rate hike and results season, investors are broadly in ‘wait and see’ mode – keeping high cash piles on the sidelines."

ESMA Highlights Risks Arising From Securities Lending To Retail Investors

Date 12/07/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a Statement on securities lending to retail clients setting out the applicable requirements under the Markets in Financial Instruments Directive (MiFID II).

ETFGI Reports Assets Invested In The ETFs Industry In Europe Reached A Record US$1.63 Trillion At The End Of June

Date 12/07/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in the ETFs industry in Europe reached a record US$1.63 trillion at the end of June. Net inflows of US$10.25 billion were gathered during June, bringing year-to-date net inflows to US$72.15 billion. Assets have increased 14.6% YTD in 2023, going from $1.42 Tn at end of 2022 to $1.63 Tn at the end of June, according to ETFGI's June 2023 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

ESMA Does Not Find Evidence To Ban Pre-Hedging But Warns On Risks

Date 12/07/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today releasing the Final Report on the feedback received to the 2022 Call for Evidence on pre-hedging.

LTX By Broadridge Integrates With Aladdin, Improving Liquidity Discovery For Corporate Bond Traders

Date 12/07/2023

LTX, a subsidiary of global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), has completed the next phase of a multi-year partnership with Aladdin, BlackRock’s (NYSE:BLK) end-to-end investment management and operations platform used by institutional investors, to enhance corporate bond trading workflows and further expand its network through a platform integration. The integration, which incorporates LTX’s Liquidity Cloud® and actionable pre-trade Cloud Match Scores directly in the Aladdin® platform, enables Aladdin technology users to leverage data-driven capabilities to improve liquidity discovery and trading efficiency.

EBA Consults On Draft Technical Standards On EU Market Access Of Issuers Of Asset-Referenced Tokens Under The Markets In Crypto-Assets Regulation

Date 12/07/2023

The European Banking Authority (EBA) today consulted on two sets of draft regulatory technical standards (RTS) and one set of implementing technical standards (ITS) relating to the authorisation as issuer of asset-referenced tokens (ARTs) and the assessment of acquisition of qualifying holdings in issuers of ARTs under the Markets in Crypto-assets Regulation (MiCAR). With these technical standards, the EBA aims to regulate access to the EU market of ARTs by applicant issuers and persons intending to exercise significant influence on these undertakings via the acquisition of qualifying holdings.

Borsa İstanbul’s Opening Bell Rang For Ak Asset Management Emerging Companies Equity Fund

Date 12/07/2023

Ak Asset Management Emerging Companies Equity Fund provides investors with the opportunity to invest in selected 30 companies with strong growth performance in Türkiye through a single transaction.

BME Growth Welcomes INDEXA CAPITAL GROUP

Date 12/07/2023

BME Growth today welcomed INDEXA CAPITAL GROUP. The traditional ringing of the bell at the Madrid Stock Exchange was led by François Derbaix, co-founder and Chairman; Ramón Blanco, co-founder and board member; and Unai Ansejo, co-founder and CEO of the company, who were accompanied by Jesús González Nieto-Márquez, Managing Director of BME Growth.

Our Emerging Regulatory Approach To Big Tech And Artificial Intelligence, Speech By Nikhil Rathi, UK Financial Conduct Authority Chief Executive, Delivered At The Economist, London

Date 12/07/2023

Highlights

• We welcome the government’s call for the UK to be the global hub of AI regulation and will open our AI sandbox to firms wanting to test the latest innovations.
• Big Tech’s role as the gatekeepers of data in financial services will be under increased scrutiny.
• Our outcomes and principles-based approach to the regulation, including the Senior Managers Regime and Consumer Duty, should mean firms have scope to innovate while protecting consumers and market integrity. We will only intervene with new rules or guidance where necessary. 
• We will regulate firms that are designated as Critical Third Parties where they underpin financial services and can impact stability and confidence in our markets.

Deutsche Börse Group: Business Indicators For June 2023

Date 12/07/2023

A summary of Deutsche Börse Group's business indicators for June 2023 is now available on the Deutsche Börse website: