News Centre

Exchange Of Letters Between The Governor Of The Bank Of England And The Chancellor On The Asset Purchase Facility - November 2020

Date 05/11/2020

Exchange of letters between the Governor and the Chancellor

BME: MARF Admits A 100 Million-Euro Commercial Paper Programme To Trading From Cementos Molins

Date 05/11/2020

BME’s Fixed Income Market, MARF, today has admitted Cementos Molins´ first Commercial Paper (CP) Programme to trading. With this debut in the fixed income markets, Cementos Molins will be able to place CPs over the next 12 months with a maximum outstanding balance of 100 million euros and maturity terms up to 24 months.

Bank Of England: Bank Rate Maintained At 0.1% - November 2020 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee meeting

Date 05/11/2020

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.  In that context, its challenge at present is to respond to the economic and financial impact of the Covid pandemic.  At its meeting ending on 4 November 2020, the MPC voted unanimously to maintain Bank Rate at 0.1%.  The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion.  The Committee voted unanimously for the Bank of England to continue with the existing programme of £100 billion of UK government bond purchases, financed by the issuance of central bank reserves, and also for the Bank of England to increase the target stock of purchased UK government bonds by an additional £150 billion, financed by the issuance of central bank reserves, to take the total stock of government bond purchases to £875 billion.

Beeks Launches Analytics As A Service - An Industry-First, Cloud-Neutral Monitoring Solution For The Financial Markets

Date 05/11/2020

Beeks Group today announced the launch of Beeks Analytics as a Service, a new network monitoring and trade analytics tool. Beeks Analytics as a Service is an industry-first, cloud-neutral monitoring solution for the financial markets and uses Velocimetrics technology to provide financial clients with the ability to consume powerful wire-based analytics as a cloud hosted offering.

BNP Paribas Asset Management Appoints Head Of Corporate Credit Research

Date 05/11/2020

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Séverine Piquet as Head of Corporate Credit Research, as of 23 October 2020.  Based in Paris, Séverine reports to Dominick DeAlto, BNPP AM’s Chief Investment Officer for Global Fixed Income.

HKEX Monthly Market Highlights

Date 05/11/2020

Highlights

- Securities Market

• Market capitalisation was $43.3 trillion at the end of October 2020, an increase of 36 per cent from $31.8 trillion for the same period last year.
• The average daily turnover in October 2020 was $117.5 billion, an increase of 55 per cent from $75.9 billion for the same period last year.
• The average daily turnover for the first ten months of 2020 was $125.0 billion, an increase of 40 per cent when compared with $89.0 billion for the same period last year.
• The average daily turnover of CBBCs for the first ten months of 2020 was $9.8 billion, an increase of 17 per cent when compared with $8.4 billion for the same period last year.
• The average daily turnover of ETFs for the first ten months of 2020 was $4.9 billion, an increase of 9 per cent when compared with $4.5 billion for the same period last year.
• Funds raised through IPOs for the first ten months of 2020 was $249.1 billion, an increase of 66 per cent when compared with $150.4 billion for the same period last year.
• Total funds raised for the first ten months of 2020 was $534.7 billion, an increase of 105 per cent when compared with $260.6 billion for the same period last year.

Dubai Financial Services Authority Opens Applications For Innovation Testing Licence 2021 Winter Cohort

Date 05/11/2020

The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join its Winter 2021 Cohort. Successful cohort applicants will be invited to apply to enter the DFSA’s version of a regulatory sandbox, known as the Innovation Testing Licence (ITL) Programme.

Moorgate Benchmarks Appointed Independent Benchmark Administrator Of TP ICAP’s Interest Rate Swap Benchmarks

Date 05/11/2020

Moorgate Benchmarks, the index company driving change, today announced that it has been appointed by TP ICAP plc, a leading provider of market infrastructure and the world’s largest interdealer broker active in the world’s financial, energy and commodities markets, as the independent administrator of a number of its ISDA-referenced interest rate swap (IRS) benchmarks.

Moscow Exchange: Risk Parameters Changes For The Security QCOM-RM

Date 05/11/2020

Please follow the links below to access the information:

Risk parameters change for the security QCOM-RM
Risk parameters change for the security QCOM-RM

Skyline University College Signs A MoU With The Dubai Gold & Commodities Exchange

Date 05/11/2020

Skyline University College (SUC) today announced the signing of a Memorandum of Understanding (MoU) with the Dubai Gold & Commodities Exchange (DGCX) aimed at providing scholarship opportunities to undergraduate and graduate students. Under this agreement, the two entities will share knowledge and provide DGCX members as well as their families the chance to pursue higher education at SUC’s School of Business and School of Information Technology (IT).