News Centre

The Gordian Knot Of Growth, Speech By Nikhil Rathi, Chief Executive, UK Financial Conduct Authority, At The Association Of British Insurers Roundtable

Date 27/02/2025

Highlights

• The FCA is working at pace to support growth initiatives.
• From this morning, firms will be able to choose whether to have a Consumer Duty board champion.
• We cannot rule out other major redress events in the event that systemic breaches of the law emerge, but we are not currently anticipating any further such mass redress events.
• We also heard concerns around the pace of regulatory change, and are aiming for fewer large-scale changes in our next 5-year strategy.

Markus Röhrig Joins Management Team Of Boerse Stuttgart Group As Chief Growth Officer - Appointment Underlines Growth Ambitions - Experienced Mckinsey Manager With Extensive Expertise To Manage The Group's Sales Activities

Date 27/02/2025

Markus Röhrig will be joining the management team of Boerse Stuttgart Group as Chief Growth Officer as of 1 April 2025. As Member of the Group Executive Committee and Managing Director of Boerse Stuttgart GmbH, he will further strengthen the growth momentum of Boerse Stuttgart Group and drive customer acquisition in Germany and Europe.

Austria’s Regulatory Reporting Infrastructure To Move To The Cloud With Nasdaq AxiomSL

Date 27/02/2025

• Nasdaq secures technology partnership with AuRep, a unique collaborative joint venture of banks and financial service providers in Austria
• Cloud-based platform will support early compliance with the EU’s Integrated Reporting Framework (IReF)

Amman Stock Exchange Weekly Summary

Date 27/02/2025

The average daily trading volume for the period 23/02 – 27/02 reached JD (6.1) million compared to JD (5.0) million for the last week, a increase of (21.7%). The total trading volume during the week reached JD(30.5) million compared to JD (25.0) million during the last week. Trading a total of (18.0) million shares through (10135) transactions.

Hong Kong Securities And Futures Commission Proposes To Relax Position Limits For Key Exchange-Traded Derivatives

Date 27/02/2025

The Securities and Futures Commission (SFC) today launched a consultation proposing to increase the position limits for exchange-traded derivatives based on the three major stock indices in Hong Kong to keep pace with market development.

Zelig Advises Mosaic Smart Data On Its Sale To Behavox

Date 27/02/2025

Zelig is delighted to announce that it has acted as sole financial advisor to Mosaic Smart Data on its sale to Behavox. Mosaic Smart Data, headquartered in London, enables financial institutions to extract actionable intelligence from their transaction data. Mosaic Smart Data’s software enhances liquidity discovery and decision-making in Fixed Income, Currencies, and Commodities (FICC) markets and is deployed across five continents by leading global capital markets institutions, including marquee clients such as JPMorgan and ING. Mosaic Smart Data helps market participants navigate the FICC markets by aggregating all transaction data from across the organization as well as external sources, normalizing it, and applying advanced AI models to extract actionable insights.

Market Data Pricing Inflation ‘Unsustainable’ As Cost Hikes Outpace Budgets, New Research Finds

Date 27/02/2025

• Average market data renewal increases across major index, ratings and terminals providers hit 15% in 2024, pushing overall consumer spend levels to increase by over 8%
• But annual market data budgets have only seen a modest 2% growth in 2024
• And some firms are paying 12 times more than peers for the same products from the same vendor

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 27 February 2025 In The Equity Market

Date 27/02/2025

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 27/02/2025. Please click for the related Announcement.

Qatar Stock Exchange Working Hours During Ramadan

Date 27/02/2025

Qatar Stock Exchange (QSE) announces On the occasion of the Holy Month of Ramadan, the Qatar Stock Exchange (QSE) announces that the official working hours of the Stock Exchange during .Ramadan will be from 9:00 AM until 14:00 PM

London Stock Exchange Group Plc Preliminary Results For The Year Ended 31 December 2024 - Strong Growth, Accelerating Product Innovation, Significant Margin Improvement, Equity Free Cash Flow £2.2 Billion; Positive Outlook For 2025

Date 27/02/2025

David Schwimmer, CEO said:

“We have delivered on our strategy in 2024. LSEG has achieved a strong performance across the Group enhanced by an exceptional year for Tradeweb. The product innovation we are bringing to customers continues to strengthen our position in the market, and we have made great progress on our transformation. We have successfully generated top line growth with improved profitability.”