News Centre

EBA Consults On Supervisory Handbook For The Validation Of Internal Ratings Based Systems

Date 28/07/2022

The European Banking Authority (EBA) launched today a consultation on its supervisory handbook for the validation of internal ratings based systems. This handbook clarifies the role of the validation function as part of corporate governance, in particular in terms of scope of work and interaction with the credit risk control unit. The consultation runs until 28 October 2022.

BME Growth Welcomes Axon Partners Group

Date 28/07/2022

BME Growth today welcomed AXON PARTNERS GROUP. The Bell Ringing, which took place in the Madrid stock exchange, was led by Francisco Velázquez de Cuellar Paracchi, President of the company; Alfonso de León Castillejo, CEO Investment, and Dimitri Kallinis, CEO Consulting, who were accompanied by Jesús González Nieto-Márquez, General Manager of BME Growth.

EEX Publishes Revised 2022 Calendar For EUA Auctions And 2023 Auction Calendar

Date 28/07/2022

The European Energy Exchange (EEX) has published the revised 2022 auction calendar and the new 2023 auction calendars for the auctioning of the EU emission allowances (EUA) and EU aviation allowances (EUAA). The calendars are published in coordination with the European Commission, the EU Member States and the EEA EFTA States auctioning on the common auction platform (CAP3) as well as with the competent authorities of Germany (DE), Poland (PL) and the United Kingdom on behalf of Northern Ireland (NI).

Cboe Global Markets To Migrate Corporate Data And Analytics Platform To Snowflake Data Cloud

Date 28/07/2022

• Snowflake will help transform Cboe's internal data and analytics infrastructure into a modern cloud architecture
• Provides more scalable and efficient platform for centralizing, integrating, and analyzing Cboe's proprietary data
• Enhances operational performance and capabilities to enable rapid analytics both internally and for customers
• Furthers Cboe's effort to move toward more cloud-based solutions

China-Switzerland Stock Connect Gets Off To A Flying Start With Four Chinese Companies Listing Their First GDRs On SIX Swiss Exchange

Date 28/07/2022

Today, GEM, Gotion High-tech, Keda Industrial Group and Ningbo Shanshan became the first Chinese companies to list GDRs on SIX Swiss Exchange. The listings are part of the newly launched China-Switzerland Stock Connect program.

EDM Council Expands Its Board Of Directors With Addition Of Verizon Chief Data & Analytics Officer Linda Avery

Date 28/07/2022

EDM Council, a cross-industry trade association for data management and analytics, has named Linda Avery, Chief Data and Analytics Officer at Verizon, to its Board of Directors. As the first to hold the CDAO position at Verizon, Linda has played a central role in driving more than $2B in value across the Company since her arrival in August 2019. 

Securities Commission Malaysia Industry Dialogue Focuses On Initiatives To Drive Sustainable Growth And Innovation In The Capital Market - Key Highlights Include Advancing Digitisation & Innovations, Integrating SRI And Financing Support For SMEs

Date 28/07/2022

The Securities Commission Malaysia (SC) today concluded its Industry Dialogue 2022, outlining key areas to enable a robust and sustainable capital market against the backdrop of a fast-changing environment. 

CloudMargin Signs Seven New Bank Clients In Last Quarter - Cross-Asset Functionality Key Driver Of Growth

Date 28/07/2022

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today a number of significant achievements over the quarter ended June 30, including adding seven new bank clients globally, further enhancing the ability to centralise data and optimise collateral via the CloudMargin platform, and hiring a key new member of the sales team in Europe.

First Batch Of Shanghai Stock Exchange-Listed Companies Successfully Landed On Swiss Market Through Depository Receipts Under The Stock Connect Scheme

Date 28/07/2022

On July 28, with the smooth launch of the China-Switzerland Stock Connect, SSE-listed companies Keda Industrial Group Co., Ltd (600499.SH, Keda) and Ningbo Shanshan Co., Ltd (600884.SH, Shanshan) successfully issued and listed Global Depository Receipts (GDRs) on the SIX Swiss Exchange. This is the first batch of SSE-listed companies entering the SIX Swiss Exchange since the Depository Receipts business under the Stock Connect Scheme was expanded to include the stock market in Switzerland. Among them, Keda GDRs were issued at US$14.43 per GDR, raising a total of US$173 million; Shanshan GDRs were issued at US$20.64 per GDR, raising a total of US$319 million. The capital raised will be used for the expansion of the companies’ overseas business.

CryptoCompare Digital Asset Management Review - July: Ethereum Investment Products AUM Rises 44.6% To $6.57bn

Date 28/07/2022

It has been a turbulent couple of months for the digital asset ecosystem, marred by large losses and high-profile contagion events.  In the month of June, all but one product – the 21Shares Short Bitcoin ETP – recorded negative returns. July has seen this trend reverse, with all products covered by this report seeing positive 30-day returns.