News Centre

FIA Releases Principles For Cross-Border Regulation

Date 28/09/2021

FIA today released a policy paper outlining seven principles to guide the regulation of cross-border activity in the derivatives markets. FIA is issuing the paper to address the threat of market fragmentation due to conflicts, inconsistencies, and duplication in cross-border regulation. Policymakers and regulators in many parts of the world are re-examining their approaches to cross-border activity, and some are favoring more insulated national policies that favor direct oversight of domestic and foreign entities. As FIA points out in the paper, these national approaches do not defer to home country regulation, and the resulting overlap of regulation on cross-border activity will lead to less efficient markets and higher costs for end-users.

Turquoise Expands Offering And Provides Investors Better Access To Trade US Shares With Direct Settlement Into DTC

Date 28/09/2021

• US stocks that trade on Turquoise now benefit from fungible settlement into DTC
• US shares, US ETFs, and Chinese ADRs are available for Straight Through Processing (STP)
• Investors in Asia can trade US shares during live UK market hours, starting 8am UK time

Amundi Expands Successful Prime ETF Range With Solactive GBS Emerging Markets Index

Date 28/09/2021

When diversifying investments, asset owners can put their investments into various economic sectors or different international markets such as developed or emerging markets. Amundi now expanded its successful Prime ETF range with yet another low-cost ETF, the Amundi Prime Emerging Markets UCITS ETF, allowing investors to invest in emerging markets easily and consistently within the entire Prime Range. The ETF replicates the performance of the Solactive GBS Emerging Markets Large & Mid Cap USD Index and started trading on September 28th on XETRA.

Archax Subsidiary Montis Digital To Launch Blockchain Based Digital Post-Trade Infrastructure - Former EY And Euroclear Industry Veteran Martin Watkins Appointed As CEO

Date 28/09/2021

Archax, the first FCA regulated digital securities exchange, broker, and custodian, has today announced its subsidiary, Montis Digital, which is building digitally native, blockchain based post-trade infrastructure to allow tokenised assets, such as digital securities or security tokens, to realise their full potential. Martin Watkins, the former EY, Atos Euronext, and Euroclear industry veteran has been appointed as Montis Digital CEO.

Paradigm Shift As Market Makers Take Centre-Stage In European Liquidity Provision During Covid-19 Pandemic

Date 28/09/2021

• New research report reveals independent market making firms becoming trusted partners to European buy-side after stepping up to support institutional investors during pandemic
• Surveyed asset managers appreciate market makers’ continuous presence in the markets
• Recognition accelerated by adoption of technology and screen-based electronic trading during lockdown

Release Of SASB Standards XBRL Taxonomy Accelerates Structured Reporting Of ESG Data - Taxonomy Will Integrate SASB Standards Into The Common Language For Business Reporting

Date 28/09/2021

The Value Reporting Foundation today announced the formal release of the SASB Standards XBRL Taxonomy. The organization engaged PwC to support in the initial development of a SASB XBRL Taxonomy to facilitate reporting in accordance with its 77 Industry Standards using structured data. Key objectives of the Taxonomy are to simplify the disclosure process for businesses and improve the quality, usefulness and comparability of environmental, social, and governance (ESG) disclosures to investors.

Tesselate Becomes Official Distributor Of Finastra’s Fusion Invest Software For The Moroccan Asset Management Market

Date 28/09/2021

Tesselate Africa, a subsidiary of Tesselate Group, and Finastra, the largest pure-play software vendor that serves the entire financial services industry, today announced their partnership. Tesselate Africa is now certified as a distributor of Finastra’s Fusion Invest solution, bringing a comprehensive front-to-back experience for asset managers to Morocco.

ETFGI Reports Record Assets And Net Inflows Of US$327 Billion And US$109 Billion Into ESG ETFs And ETPs Listed Globally At End Of August 2021

Date 28/09/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$11.24 billion during August, bringing year-to-date net inflows to a record US$108.73 billion which is much higher than the US$41.47 billion gathered at this point last year and US$20.25 billion over the full year 2020 record net inflows US$88.45 billion. Total assets invested in ESG ETFs and ETPs increased by 6.1% from US$308 billion at the end of June 2021 to US$327 billion and 69% YTD in 2021, according to ETFGI’s August 2021 ETF and ETP ESG industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.) 

HPD Lendscape Bolsters Expertise With Key Expert Hire - Xavier Lang-Claes Brings 25 Years Of Business And Technology Experience In Working Capital Finance To HPD Lendscape

Date 28/09/2021

After a successful collaboration as an independent consultant, HPD Lendscape is proud to announce and welcome Xavier Lang-Claes as a full-time  Consultant.

ADDX Tokenises Global Private Equity Fund To Broaden Investor Access - The Fund Is The First By A Major Private Equity Firm To Be Tokenised, In A Move That Helps Individuals Achieve Better Portfolio Diversification

Date 28/09/2021

Digital securities exchange ADDX has tokenised an allocation from a private equity fund managed by Partners Group, a leading global private markets investment firm. The allocation from the Partners Group Global Value SICAV Fund is the first from a major private equity firm that has been tokenised, with the aim of allowing individuals to participate in a space traditionally dominated by institutional investors.