News Centre

Asset Managers Are Accelerating The Use Of Alternative Data And Advanced Analytics

Date 07/11/2018

• A new study by Element22 reveals that some asset managers are reaching an inflection point in the use of new technologies to generate alpha.
• The study surveyed 20 asset management firms in North America and Europe with combined assets under management (AuM) of USD14.8 trillion or almost 20% of global AuM.
• The majority of firms, 55%, are still in the early stages of a four year journey to develop mature advanced analytics and alternative data capabilities, yet today only one in ten are realizing significant success.
• Those who are most aggressively pursuing advanced analytics and alternative data strategies are investing between 2-3% of annual revenues.

UK Financial Conduct Authority Clarifies Fairer Treatment Of Regular Premium PPI Complaints And Proposes New Mailing Requirements

Date 07/11/2018

The Financial Conduct Authority (FCA) has today issued final guidance that clarifies its expectations about the handling of certain regular premium payment protection insurance (PPI) complaints. The FCA is also proposing new rules requiring firms to write to around 150,000 consumers who had previously complained unsuccessfully to tell them they can make a new complaint and remind them of the deadline.

Securities Commission Malaysia Committed To Strengthening Trust And Confidence Of Investors

Date 07/11/2018

The Securities Commission Malaysia (SC) today hosted over 100 regulators, academics, representatives from global and regional institutions at the annual Asian Roundtable on Corporate Governance (ARCG), organised jointly by the SC and the Organisation for Economic Cooperation and Development (OECD).

Moscow Exchange Announces Results For The Third Quarter Of 2018

Date 07/11/2018

Moscow Exchange (MOEX) today announces its financial results in accordance with International Financial Reporting Standards (IFRS) for Q3 2018. Record high fee and commission income (F&C) from the Money Market and Depositary and Settlement Services were key highlights in the quarter, while all markets delivered positive YoY F&C growth.

Virtu Financial, Inc. Agrees To Acquire ITG, A Leading Provider Of Agency Execution Services And Trading Analytics

Date 07/11/2018

• Clients to benefit from the combination of ITG’s world-class execution services, workflow solutions, and analytics offerings with Virtu’s technological excellence, operational efficiency, and deep liquidity
• Virtu to increase operating scale and organic revenue growth profile through the addition of ITG
• Transaction further diversifies Virtu following the successful acquisition of KCG, increasing stability of future earnings

HKFE Obtains U.S. Commodity Futures Trading Commission Approval For Hang Seng Index Total Return Index Futures And Hang Seng China Enterprises Index Total Return Index Futures

Date 07/11/2018

Hong Kong Futures Exchange Limited (“HKFE”) is pleased to announce the U.S. Commodity Futures Trading Commission (“CFTC”) has certified the following contracts to be offered and sold to persons in the United States (“U.S.”). U.S. investors can now directly trade the contract within the U.S. 

ECB Nominates Andrea Enria As Chair Of Supervisory Board

Date 07/11/2018

• Governing Council proposal for new head of ECB Banking Supervision submitted to European Parliament
• Final approval after parliamentary vote to be taken by Council of European Union

CubeLogic And FERDEC Announce Partnership For Transaction Surveillance - ferdecTS® Sophisticated MAR/MAD II/REMIT Transaction Surveillance Capabilities To Be Fully Integrated Within The RiskCubed Risk Management Platform

Date 07/11/2018

CubeLogic, the leader in business intelligence (BI) enabled risk management solutions and FERDEC, the market leader in MAR/MAD II/REMIT transaction surveillance solutions for physical and financial Energy and Commodity markets, announce a strategic partnership to enable CubeLogic’s clients to leverage the sophisticated transaction surveillance capabilities of the ferdecTS® solution directly from within the RiskCubed suite.

ESMA Provides Overview Of NCAs’ Declared Compliance Status With Guidelines

Date 07/11/2018

The European Securities and Markets Authority (ESMA) has published an overview of the compliance status declared by national competent authorities (NCAs) as regards the application of ESMA guidelines in their respective jurisdictions. 

EEX Sets New Trading Record In Skimmed Milk Powder Futures

Date 07/11/2018

On Monday, 5th November 2018, the European Energy Exchange (EEX) achieved a new daily trading record in Skimmed Milk Powder Futures with a volume of 3,000 tonnes of goods equivalent. The previous record was achieved on 7th September 2018 with 2,800 tonnes traded. The products on the EEX’s dairy derivatives market comprise futures on butter, skimmed milk powder and whey powder as well as a liquid milk future. EEX is the leading market operator for risk management instruments referring to milk and dairy products in Europe.