News Centre

EDSX – European Digital Assets Exchange - Is About To Open The First Security Token Exchange In Switzerland

Date 06/04/2022

The European Digital Assets Exchange - EDSX - has completed the compliance procedure to provide a secondary market for security tokens for institutional and retail investors and plans to open it in Q3 2022.

Tradeweb Launches A.I. Pricing Service For The U.S. Municipal Bond Market - New Service Provides Pricing On Roughly 880,000 Bonds

Date 06/04/2022

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the launch of Tradeweb Ai-Price for municipal bonds, which will use machine learning and proprietary data science to calculate daily prices for municipal bonds.

IOSCO Seeks Feedback On Market Liquidity Issues Affecting Corporate Bond Markets Under Stress And Good Practices Concerning ETFs

Date 06/04/2022

Corporate bond markets

The Board of the International Organization of Securities Commissions (IOSCO) is publishing its report on corporate bond markets – drivers of liquidity during COVID-19 induced market stresses and invites stakeholder feedback on the analysis. Feedback will inform IOSCO’s ongoing review of the sector and future consideration on ways to improve market functioning and the resilience of liquidity supply under stress.

Hedge Funds Face “Perfect Storm” Of Increased Margin Requirements

Date 06/04/2022

Hedge funds risk being caught in Phase 6 of the Uncleared Margin Rules (UMR) without adequate preparation owing to continued uncertainty over whether they are in scope, a new report from Acuiti has found. Facing a “perfect storm” of increased margin requirements, funds are also being impacted by market volatility, which is forcing them to meet collateral demands through negative steps, such as holding back cash or assets or reducing margin-intensive strategies, that reduce fund performance.

LSEG To Provide A New Trading And Clearing Technology Platform To Qatar Stock Exchange

Date 06/04/2022

• Qatar Stock Exchange selects LSEG to provide technology for a new trading, clearing and market surveillance system
• LSEG’s real-time clearing and risk system will enable Qatar Stock Exchange to launch a new derivatives market
• Qatar Stock Exchange will be powered by the same technology used by LSEG

BETTER FINANCE: Compensation For Wirecard Investors - Dutch Foundation To Enable Assertion Of Claims Against EY Deutschland And EY Global – At No Cost And Risk-Free

Date 06/04/2022

Wirecard AG’s bankruptcy is likely one of the biggest economic scandals in German history. Within no time it became clear that the high-tech hopes for online payments were nothing but a colossal fraud scheme. Several thousands of private investors lost their entire capital because they trusted the company. They believed the Wirecard story because of the consistently growing sales and profits, which for over a decade were audited and certified without question by EY accountants.

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 47.8%, Of Which 37.2% For Institutional Investors

Date 06/04/2022

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in March 2022 was JD12.3 million, representing 7.5% of the overall trading value, while the value of shares sold by them amounted to JD19.1 million. As a result, the net of non-Jordanian investments in March 2022 showed a negative value of JD6.8 million, whereas the net of non-Jordanian investments showed a negative value of JD3.1 million during the same month of 2021. 

Speech By Commissioner Mairead Mcguinness At The ECB/European Commission Conference On European Financial Integration, 'An EU Financial System For The Future'

Date 06/04/2022

I'm going back in history, to 65 years ago, when the Treaty of Rome was signed, laying the very foundations for today's European Union.

LCH SA Welcomes Commonwealth Bank Of Australia As First Australian Member

Date 06/04/2022

• Commonwealth Bank of Australia joins LCH SA’s RepoClear service
• RepoClear SA is LCH’s international service for 13 euro denominated debts

DIFC Announces Proposed Amendments To The DIFC Prescribed Company Regulations For Consultation

Date 06/04/2022

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has issued a consultation paper proposing to amend the DIFC Prescribed Company Regulations. The Proposed amendments will enhance the regulatory framework within DIFC and provide further structuring options for businesses operating in or from the Centre.