News Centre

Federal Open Market Committee Announces Approval Of Updates To Its Statement On Longer-Run Goals And Monetary Policy Strategy

Date 27/08/2020

Following an extensive review that included numerous public events across the country, the Federal Open Market Committee (FOMC) on Thursday announced the unanimous approval of updates to its Statement on Longer-Run Goals and Monetary Policy Strategy, which articulates its approach to monetary policy and serves as the foundation for its policy actions. The updates reflect changes in the economy over the past decade and how policymakers are taking these changes into account in conducting monetary policy. The updated statement is also intended to enhance the transparency, accountability and effectiveness of monetary policy.

Solactive Investigates The Impact Incurred By Index Trackers At The Time Of Reconstitution In New White Paper Series ‘Money Left On The Table’

Date 27/08/2020

In today’s investment world, index benchmarks are widely utilized instruments, and major benchmarks are well-recognized by financial professionals all over the globe. Given this reputation and influence, large numbers of funds follow their allocation and constituents, raising questions of how benchmarks are used on a large scale, what their main characteristics are, and, most notably, how they will be exploited by market participants. To study the impact that index trackers incur at the time when the indices are rebalanced, Solactive conducted broad research and published a three-paper series investigating deeply into the topic.

Cappitech Completes First Vendor-Led Porting Of Historical And Current Data From CME – Reports To REGIS-TR - With Limited Time Until All Porting Must Be Completed, Cappitech Calls For Financial Institutions To Ensure They Have Their Porting Slots Booked And Prepared For

Date 27/08/2020

Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, has completed the first vendor-led porting of all relevant trade reporting data from CME following CME’s May announcement that it would be exiting the market as a trade repository. Reported to REGIS-TR, the data from this first group of clients purposely represented several different financial institutions types and asset classes, ensuring that the porting will work across the industry.

Algorand And Archax Partner For New Wave Of Sophisticated Financial Products - Leveraging Digital Exchange’s Unique FCA Regulated Status And Platform’s Advanced Smart Contract Capabilities

Date 27/08/2020

Archax today announced that it has partnered with leading blockchain provider Algorand to work on new innovative smart financial products that will trade on its FCA regulated exchange.

QuantConnect Increases Access To Alpha Streams Market - More Funds Can Now License Alphas From QuantConnect’s Community Of Over 110,000 Algorithmic Traders

Date 27/08/2020

QuantConnect today announced expanded access to its pioneering Alpha Streams market, the world’s first marketplace for alpha where funds can shop for and license algorithmic trading strategies. By lowering the minimum AUM threshold for trading firms looking to license alpha from $100 million to $10 million, QuantConnect continues to facilitate the growth of emerging funds and managers.

Securities Commission Malaysia: Transmile Group Bhd Founder And Former CEO Jailed And Fined For Furnishing Misleading Statement

Date 27/08/2020

The Kuala Lumpur Sessions Court today found Transmile Group Bhd (TGB) founder and former Chief Executive Officer (CEO) Gan Boon Aun guilty of furnishing misleading statements to Bursa Malaysia. The statements concerned TGB’s financial statement in its Quarterly Unaudited Consolidated Results for the Financial Year Ended 31 December 2006, an offence under section 122B (a)(bb) of the Securities Industries Act 1983 (SIA) read together with section 122(1) of the same Act.

SberCloud’s Cloud Platform Sweeps Three International Accolades At IT World Awards

Date 27/08/2020

AI Cloud, the cloud platform of Sberbank ecosystem’s SberCloud, has won awards in three categories at the 15th international IT World Awards.

Risk Parameters In ESMA’s Guidelines On Stress Test Scenarios Under The Money Markets Fund Regulation To Be Updated

Date 27/08/2020

The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today confirms that the 2019 Guidelines on stress test scenarios under the Money Market Funds Regulation (MMFR) will be updated in 2020 to include a modification of the risk parameters to reflect recent market developments related to the COVID-19 crisis.

Swiss Stock Exchange: Liquidity Under The Volatility Microscope

Date 27/08/2020

Wiener Börse: PIERER Mobility To Be Traded Continuously From October

Date 27/08/2020

As of October 1, 2020, the trading offer of PIERER Mobility AG’s shares on the Vienna Stock Exchange will improve. Following the withdrawal of PIERER Mobility AG from the "standard market auction" (official market) as of September 30, 2020 the share will be included in the "global market". With the support of the market maker Baader Bank, the stocks will be tradable continuously from October onwards. Price determinations will be possible every single second between 9:05 a.m.-17:30 p.m. instead of only once per day within an auction, as is currently the case.