News Centre

BME Welcomes Inmocemento

Date 12/11/2024

• The company, which is the second to join the main market of the Spanish stock exchange this year, debuts with a valuation of 1.9 billion euros and a reference price of 4.25 euros per share

TRG Screen Strengthens C-Suite And Opens Global Capacity Center As Part Of Client-Focused Growth Strategy - New Bangalore Hub And Leadership Appointments Enable Strategic Evolution And Enhanced Client Service

Date 12/11/2024

TRG Screen, the leader in B2B market data and subscription cost management technology, has reached two key milestones in its growth and transformation journey: the launch of a new Global Capacity Center in Bangalore, India, and key leadership appointments, the latest steps in a series of strategic moves to further accelerate the company’s growth and reinforce its ability to deliver world-class technology solutions and support to business clients.

Liquidnet Releases New Liquidity-Seeking Algorithm - SmartDark Features Prioritized Routing To Venues With Larger Executions Sizes And Better Price Stability

Date 12/11/2024

Liquidnet, a leading technology-driven agency execution specialist, today announced the release of SmartDark, its latest algorithm for its equities platform, designed to enhance how institutional traders can execute their trades through prioritized routing with larger executions and better price stability.

Trading Technologies Launches TT® Accreditation Program

Date 12/11/2024

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the broad introduction of an industry-first certification program, TT® Accreditation, providing traders and administrators with comprehensive, online, self-paced training modules to achieve certification in various aspects of the TT platform. Accreditation can serve to improve trading capabilities by enhancing the user's understanding of the platform's functionality, enabling them to optimize TT's tools, strengthen their credentials and fortify their understanding of compliance requirements. Trading institutions – such as proprietary trading firms, banks, brokers, hedge funds, and energy and commodity firms – as well as individual retail/protail investors can leverage the program to ensure users are following proper protocols and demonstrating proficiency in their use of the platform.

Wilshire Indexes Appoints Brian Rosenberg As President And Chief Revenue Officer

Date 12/11/2024

Wilshire Indexes, a leading global index provider, has appointed Brian Rosenberg as President and Chief Revenue Officer. Based in New York, Brian will oversee global sales, marketing, customer experience and strategic partnerships and will report to CEO, Mark Makepeace.

FSB Reports On Progress Towards Globally Consistent And Comparable Climate-Related Disclosures

Date 12/11/2024

• Jurisdictions have made progress implementing the International Sustainability Standards Board (ISSB) disclosures standards, strengthening interoperability with other sustainability disclosure frameworks, and developing global assurance and ethics standards for such disclosures.
• The large majority of FSB jurisdictions have regulations, guidelines or strategic roadmaps in place for climate-related disclosures. Most FSB jurisdictions have also set or proposed disclosure requirements based on ISSB Standards and the recommendations of the Task Force on Climate-related Disclosures (TCFD).
• Report calls for more work to address challenges with using the ISSB standards for small- and medium-sized enterprises (SMEs) and for companies in emerging market and developing economies (EMDEs).

Memorandum Of Understanding Between The Bank Of England, UK Financial Conduct Authority And UK Prudential Regulatory Authority

Date 12/11/2024

This document outlines how the financial regulators will co-ordinate with respect to the exercise of their critical third party (CTP) functions.

GLEIF Welcomes BOCOM Fintech As Latest Validation Agent, Signaling Increasing LEI Adoption Across APAC - BOCOM Fintech Will Explore Innovative LEI And VLEI Applications In Trade Finance And E-Commerce To Enhance Cross-Border Identification And Authentication Capabilities For Chinese Enterprises

Date 12/11/2024

The Global Legal Entity Identifier Foundation (GLEIF) today announces that BOCOM Fintech, a Shanghai-based subsidiary of the Bank of Communications (BOCOM), has been officially approved as the latest Validation Agent in the Global LEI System. The approval follows support from the Beijing National Institute of Financial Standardization Co., Ltd. (NIFS).

Bitcoin Approaches USD 100,000 Milestone Boosted by Trump's Election

Date 12/11/2024

Following Donald Trump's election victory, Bitcoin's price has surged, reaching a record high of nearly $85,000 on Monday, with an intraday peak at $84,986.15. Since Election Day, Bitcoin has climbed over 10%, driven by a combination of FOMO and a short squeeze.

Europex – Association of European Energy Exchanges: Assessment Of Potential Impacts Of Regional Virtual Hubs On The Forward Markets

Date 12/11/2024

The EU electricity market reform has mandated the European Commission to assess the impact of virtual trading hubs on the liquidity of electricity forward markets. A new study conducted by Compass Lexecon on behalf of Energy Traders Europe, Eurelectric and Europex reveals that these hubs are likely to deter, rather than enhance, the liquidity of forward markets in Central and Southern Europe. Based on the quantitative analysis, the three associations call on policymakers to consolidate existing forward markets and prioritise proxy hedging via existing instruments over virtual trading hubs to increase forward market volumes, keep transaction costs stable and ultimately spare consumers greater energy costs.