News Centre

Vela Adds Product And Account Management Expertise - Cedric Rondeaux And Ryan Hsu Bring Their Market Data And Trading Experience To Global Teams

Date 13/02/2020

Vela, a leading independent provider of trading and market access technology for global multi-asset electronic trading, today announced the expansion of its global Product and Account Management teams with new hires in London and New York.

ETFGI Reports Assets Invested In ETFs And ETPs Listed Globally Reached A New Milestone Of US$6.37 Trillion At The End Of January 2020

Date 13/02/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$67.15 billion at the end of January 2020, which is significantly higher than the US$17.23 billion gathered at this point last year. Assets invested in the global ETFs/ETPs industry increased by 0.4%, from US$6.35 trillion at the end of December 2019, to US$6.37 trillion at the end of January, according to ETFGI's January 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Leading UK Payments Association Picks Luxembourg For EU Home

Date 13/02/2020

The Emerging Payments Association (EPA), the leading London-based professional association of payment players, which brings together more than 150 operators from all areas of the payment value chain, is expanding its European Union network from Luxembourg.

Bursa Malaysia Derivatives' Daily Trading Volume For Crude Palm Oil Futures Contract Hits Fresh All-Time High

Date 13/02/2020

Kuala Lumpur, 13 February 2020 - Bursa Malaysia Derivatives ("BMD") continued its string of all-time highs when the daily total trading volume for Crude Palm Oil Futures contract ("FCPO") touched a new record yesterday, at 113,668 contracts, surpassing the previous record of 107,062 contracts registered on 28 January 2020.

UK Financial Conduct Authority Appoints Sheldon Mills As Interim Executive Director Of Strategy And Competition

Date 13/02/2020

Speech By Mark Steward, FCA Executive Director Of Enforcement And Market Oversight, Delivered At The City & Financial Global Ltd Event, London

Date 13/02/2020

Highlights

• The point of financial penalties is deterrence but this is not the point of enforcement which is about just outcomes. In 2019 we imposed financial penalties of over £310 million on firms that also paid or are paying over £231 million in restitution. Addressing both serious misconduct as well as its consequences ensures just outcomes.  
• Most of the cases involving financial penalties have involved serious breaches of the General Principles. In these cases too little attention is paid to the General Principles in planning and organising what a firm is doing.
• Firms need to engage with the Principles when undertaking regulated activities. 

The ECB Rates The Link Between Iberclear And The Portuguese Depositary, Interbolsa, As "Eligible" - Participating Entities Of The BME Subsidiary And Its Clients Can Use Portuguese Eligible Securities In Monetary Policy Operations

Date 13/02/2020

The European Central Bank (ECB) has rated the link between Iberclear, the Spanish central securities depository and a BME subsidiary, and the Portuguese central securities depository, Interbolsa, as “eligible”, including it in the “List of eligible Links ".

HKFE Announces Revised Margins For Futures Contract: iShares FTSE A50 China Index ETF

Date 13/02/2020

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Friday, 14 February 2020, (including the mandatory intra-day variation adjustment and margin call, if applicable), the margin levels of the following Futures Contract shall be as follows:

Moscow Exchange: The Evening Trading Session Starts Later For Derivatives 17 February 2020

Date 13/02/2020

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on 17 February 2020 due to longer than usual data processing following the update of the trading & clearing platform scheduled for 15-16 February 2020.

Moscow Exchange: Risk Parameters Change For The Security RU000A0JWRV9

Date 13/02/2020

As per the Securities market risk parameters methodology, on 13.02.2020, 11-04 (MSK) the upper bound of the price band (up to 106.83) and initial margins (up to 8.75 %) for the security RU000A0JWRV9 were changed. New values are available here