News Centre

Murex Develops Interface That Offers Fixed Income, Derivatives Data From ICE - MX.3 Clients Benefit From International Venue Data Access That Covers Broad Asset Class Range

Date 08/09/2022

Murex, the global leader in trading, risk management and processing solutions for capital markets, has integrated with ICE Data Services, which is part of Intercontinental Exchange (NYSE:ICE), to offer a more efficient workflow for accessing ICE’s fixed income and derivatives data via the MX.3 platform.

Eurex Launches The First Futures On A Euro High Yield Index

Date 08/09/2022

• New futures contract on the Bloomberg High Yield Credit Index to be launched on 17 October 2022
• Flexible tool to hedge the euro corporate bonds market through a standardized, cost effective and centrally cleared solution

LGIM Launches L&G Emerging Cyber Security ESG Exclusions UCITS ETF, Tracking Solactive Index

Date 08/09/2022

The protection against cyber risks is essential for every organization that relies on information technology, and investors are increasingly concerned about cyber risks to their investments. Cyber security companies prevent stakeholders from losing valuable information and money in cyber-attacks. According to Statista, the projected revenue in the Cybersecurity market is US$159.80bn in 2022. An annual growth rate (CAGR 2022-2027) of 13.33% in earnings is expected, resulting in a market volume of US$298.70bn by 2027. Looking into this growth opportunity, LGIM launched the L&G Emerging Cyber Security ESG Exclusions UCITS ETF, tracking Solactive Emerging Cyber Security Index. 

Announcement Regarding The National Day Holiday For The Saudi Exchange

Date 08/09/2022

Saudi Exchange announces that Saudi National Day Holiday will be on Thursday 22 September 2022.

Qatar Financial Markets Authority Issued Covered Short Selling Rules And Securities Lending And Borrowing Rules

Date 08/09/2022

H.E. Sheikh Bandar Bin Mohammed Bin Saoud Al-Thani, the QCB Governor and the QFMA Board Chairman, issued the Covered Short Selling Rules and Securities Lending and Borrowing Rules as a part of its regulatory and supervisory role over the Qatari capital market sector in the State. 

Pleo Teams Up With Open Banking Provider Yapily To Boost Cash Flow For Businesses

Date 08/09/2022

Fintech unicorn Pleo, which offers a smart business spending solution, has formed a strategic partnership with open banking platform Yapily to enable a simplified payments experience for its UK users.

European Retail Investors Strongly Favour British Pound Ahead Of Boris Johnson’s Departure: Spectrum Markets

Date 08/09/2022

• Sentiment in favour of the British Pound compared to both Euro and US Dollar
• Record low sentiment hit on Euro-Pound currency pair
• 123.4 million securitised derivatives were traded on Spectrum Markets in August

BNP Paribas Asset Management Appoints Head Of Flexible & Absolute Return

Date 08/09/2022

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Mark Richards as Head of Flexible & Absolute Return within its Multi-Asset, Quantitative & Solutions (‘MAQS’) investment division.  Mark is based in London and reports to Maya Bhandari, Global Head of Multi-Asset.  He joined on 5 September.

Shanghai International Energy Exchange Has Released Its Circular On The Release Of Mean Of Prices For TSR 20 Futures

Date 08/09/2022

The Shanghai International Energy Exchange (“INE”) releases mean of settlement price and mean of close price for TSR 20 futures starting from September 8th, 2022. This information will also be disclosed on SHFE’s official site.

RegTech Scale-Up SteelEye Raises $21M In Round Led By Ten Coves Capital To Accelerate Growth And Meet Demand For Holistic Compliance Solutions

Date 08/09/2022

• The $21M (£18M) Series B round takes SteelEye’s total capital raised to $43M (£36.3M).
• Funding will support SteelEye’s accelerated growth as it expands internationally – with an emphasis on North America.
• Increasing regulatory and cost pressures are driving a switch to cloud-based compliance solutions as more financial firms look to replace siloed systems and legacy technology.
• SteelEye’s holistic platform is unique in bringing together communications and trade data under a single lens, providing solutions for regulatory reporting, communications and trade surveillance, best execution monitoring, and data analytics.
• This raise marks the largest RegTech raise by a European firm in 2022.