News Centre

European Commission: Statement By President Juncker On The United Kingdom's Withdrawal From The European Union At The European Parliament's Plenary Session

Date 03/04/2019

The developments in Westminster over the past days have convinced me of what I already knew. The best way forward is the ratification of the Withdrawal Agreement. It has already been agreed by the Government of the United Kingdom, endorsed by this House as well as by the European Council.

EBA Acknowledges Notification From The Austrian Financial Market Authority

Date 03/04/2019

The EBA has received a notification from the Austrian Financial Market Authority (Finanzmarktaufsicht, FMA), in its capacity as Resolution Authority, in relation to the application of resolution measures to Heta Asset Resolution AG.

Steven Maijoor, ESMA Chair, Delivers Key Note Speech At Better Finance 10th Anniversary Conference

Date 03/04/2019

Steven Maijoor, the Chair of the European Securities and Markets Authority, has delivered the keynote speech at today's Better Finance 10th Anniversary Conference in Bucharest.

EBA Centralises Information On Administrative Sanctions Or Measures Under AMLD4

Date 03/04/2019

The European Banking Authority (EBA) brought together, on its website, links to national competent authorities' websites where users will be able to access information on sanctions and administrative measures competent authorities have imposed for breaches of applicable anti-money laundering and counter-terrorist financing (AML/CFT) obligations.

S&P Europe 350 Factor Dashboard

Date 03/04/2019

• All of our core European factor indices enjoyed gains in the first quarter. Benefiting from the risk-on trend, the standout performer was Momentum. 
• Quality outperformed, gaining 15% as investors flocked to companies with solid earnings and lower leverage. Offering stable income with a quality tilt, Dividend Aristocrats also gained 15%. 
• Despite the threat of lower rates for longer and a fresh round of stimulus from the European Central Bank, purely yield-based strategies underperformed this quarter.  

American Financial Exchange (AFX) Announces A Record Day Of $2.354 Billion And Weekly, Monthly And Quarterly Record Transaction Volumes

Date 03/04/2019

American Financial Exchange® (AFX®), an electronic exchange for direct lending and borrowing for American financial institutions, announced today new daily, weekly and monthly record transaction volumes. 

Federal Reserve Board Announces Changes To Its Payment System Risk Policy Regarding Intraday Credit To U.S. Branches And Agencies Of Foreign Banking Organizations

Date 03/04/2019

The Federal Reserve Board on Wednesday published a final rule implementing policy changes to procedures governing the provision of intraday credit to U.S. branches and agencies of foreign banking organizations (FBOs). The changes are intended to refine the methods for determining the level of intraday credit that these branches and agencies can receive from the Federal Reserve Banks.

SEC: Statement On “Framework For ‘Investment Contract’ Analysis Of Digital Assets” - Bill Hinman, Director Of Division Of Corporation Finance, Valerie Szczepanik, Senior Advisor For Digital Assets And Innovation

Date 03/04/2019

Blockchain and distributed ledger technology can catalyze a wide range of innovation.  We have seen these technologies used to create financial instruments, sometimes in the form of tokens or coins that can provide investment opportunities like those offered through more traditional forms of securities.  Depending on the nature of the digital asset, including what rights it purports to convey and how it is offered and sold, it may fall within the definition of a security under the U.S. federal securities laws.

FIS Goes Live With Its New Commodity Derivatives Trading Platform From KB TECH - Leading Freight And Commodity Brokerage Partners With Financial Software Specialist To Deliver Screen-Based Trading

Date 03/04/2019

Freight Investor Services, the global leader in freight and commodity derivatives has partnered with financial software developer KB TECH to launch a new platform for commodity derivatives. The FIS Screen provides live prices and forward curves on some of the most liquid Physical FFA freight routes and fertilizer derivatives contracts, improving price discovery and simplifying trading.

Short Sellers Borrow $455m Worth Of LYFT Shares Following IPO: Analysis By Sam Pierson, Director Of Securities Finance, IHS Markit

Date 03/04/2019

Shares of ride-hailing service Lyft, Inc closed Tuesday 4% below their IPO price of $72, however that belies the volatility of the first three days of trading. The shares opened above $87 on Friday, the first day of trading, so yesterday’s close reflects a  26% decline from the intraday peak.