News Centre

European Central Bank: Appointment Of Philip R. Lane To The Executive Board

Date 22/03/2019

The European Council today appointed Mr Philip R. Lane as a member of the Executive Board of the European Central Bank for a non-renewable term of 8 years.

SIFMA Comments On Impact Of MiFID II Research Provisions

Date 22/03/2019

SIFMA today submitted comments regarding the impact of the European Union’s Markets in Financial Instruments Directive (MiFID) II and its research provisions.

Brexit: European Council Adopts Decision Extending The Period Under Article 50

Date 22/03/2019

The European Council (Article 50) today adopted a decision formalising the political agreement reached on 21 March 2019 on extending the period under Article 50.

Horizon Named ‘Best Trading System’ By The FStech Awards For Second Win In One Month

Date 22/03/2019

Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, was named ‘Best Trading System’ by theFStech Awards at its central London ceremony last night. The news represents a highly-successful month for the company, having three weeks previously won at the TradingTech Awards Europe in the ‘Best Sell-Side OMS’ category.

SET Begins Annual Social Development Awards With Library Development

Date 22/03/2019

The Stock Exchange of Thailand (SET) has carried on with its social development awards for 12 consecutive years to encourage organizations and individuals who dedicate their efforts to enhance the society in seven areas: music encouragement, sports promotion, urban development, rural development, preventing and solving drug problems in the community and society, library development and education development.

Japan's Financial Services Agency: Publication Of Report From Study Group On Virtual Currency Exchange Services

Date 22/03/2019

The Study Group on the Virtual Currency Exchange Services(Chairman Hideki KANDA, Professor, Law School, Gakushuin University) has discussed and deliberated on various issues surrounding the virtual currency exchange services in Japan eleven times since April 2018.

Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions Setting Interest Rates)

Date 22/03/2019

Monetary policy

Central bank compliance with prohibitions on monetary financing and privileged access

On 20 March 2019, in accordance with the Treaty on the Functioning of the European Union (TFEU), which assigns the ECB the task of monitoring the compliance of EU central banks with the prohibitions referred to in Articles 123 and 124 of the TFEU and the related Regulations, the Governing Council approved the compliance report covering the year 2018. Further information on this matter can be found in a dedicated section of the ECB’s Annual Report 2018, which will be published on the ECB’s website on 1 April 2019.

ACER Publishes Guidance On Layering And Spoofing In Continuous Wholesale Energy Markets

Date 22/03/2019

ACER publishes today a guidance note to further clarify the application of REMIT (EU Regulation on Wholesale Market Integrity and Transparency) in the context of the trading behaviours associated with layering and spoofing. The Guidance Note describes a general framework which promotes a consistent approach to the National Regulatory Authorities’ (NRAs) assessment of these behaviours.

HKEX: Exchange Publishes Guidance On Reasons For Rejected Listing Applications In 2018

Date 22/03/2019

• Heightened scrutiny of commercial rationale for listing delivered notable increase in rejected listing applications in 2018
• Rejections were not sector specific; rather focus was on whether rationale for listing was supported by the applicant’s expected growth and therefore, need for funding
• Results have helped maintain market quality and Exchange will continue exercising discretion to assess suitability

Speech By Ashley Alder, Chief Executive Officer, Hong Kong Securities And Futures Commission: Keynote Speech At Bloomberg BuySide Summit 2019

Date 22/03/2019

A keynote speech delivered by Mr Ashley Alder on 22 March 2019 was posted on the SFC website today.