News Centre

ESAs Weigh Benefits And Risks Of Big Data

Date 15/03/2018

The Joint Committee of the European Supervisory Authorities (ESAs) published today its final report on Big Data analysing its impact on consumers and financial firms. Overall, the ESAs have found that while the development of Big Data poses some potential risks to financial services consumers, the benefits of this innovation currently outweigh these. Many of the risks identified by the ESAs are mitigated by existing legislation.

SIX Breaks The 15 Million Barrier For Regulatory Documents

Date 15/03/2018

SIX’s regulatory data platform has added over 15 million Key Information Documents (KIDs) as client on-boarding demands go through the roof two months on from the implementation of the EU’s Packaged Retail and Insurance-based Investment Products (PRIIPs) rules.

Tokyo Commodity Exchange February 2018 Market Summary - TOCOM February 2018 Volume Averaged 128,185 Contracts, Down 1.8%

Date 15/03/2018

The Tokyo Commodity Exchange reported today that average daily volume for February 2018 was 128,185 contracts, down 1.8% month-over-month. Volume increased for TOCOM’s most active contracts, including Gold Standard, which was up 6.6% to 44,672 contracts and Dubai Crude Oil, which rose 8.4% to 18,457 contracts. There were decreases in volume for contracts such as Gold Rolling Spot, which dropped 12.5% to 21,192 contracts, Platinum Standard, which fell 24.3% to 13,114 contracts and Platinum Rolling Spot, which decreased 6.3% to 12,198 contracts.

TradingScreen Hires Surika Vosloo To Key European Position

Date 15/03/2018

TradingScreen Inc. (TS), the leading all-asset class Order and Execution Management System (OEMS), today announced that Surika Vosloo has joined the company as the European Product Manager. In this role, Surika will focus on strengthening and extending TradingScreen's product offering in Trading and Analytics. 

OANDA Partners With Dell Boomi™ To Provide seamless Itegration Of Rates API With Major ERP Systems

Date 15/03/2018

A global leader in corporate and consumer foreign exchange solutions, OANDA recently announced a collaboration with Dell Boomi™, a leading provider of cloud integration and workflow automation software, to offer the OANDA Exchange Rates API Connector to all Dell Boomi™ customers.

Outlining The FCA’s Approach To Authorisation - Speech By Sarah Rapson, Director, Authorisations At The Association Of Professional Compliance Consultants (APCC) Annual Conference

Date 15/03/2018

Highlights

• We use authorisation primarily to prevent harm and we use it in a proportionate manner.
• We use authorisation to improve conduct standards and culture in firms.
• We do not operate a zero-failure regime.

Quantile Launches Equity Derivatives Risk Reduction Service

Date 15/03/2018

Quantile Technologies ("Quantile") has completed the world's first live multilateral counterparty risk reduction run in the OTC equity derivative markets. The new service reduces exposure using risk-reducing trades generated from proprietary optimisation technology. Six major global banks participated in the initial run, which targeted initial margin reduction between participants.

CQG Partners With Nasdaq Futures (NFX) To Offer Trading Platform For NFX Products

Date 15/03/2018

CQG, Inc.<http://www.cqg.com/>, a leading global provider of high-performance trading, market data, and technical analysis tools, today announced a new partnership with Nasdaq Futures (NFX), a leading futures exchange, to provide a trading solution for clients trading NFX products.  NFX, leveraging CQG Desktop for its trading system, now makes that offering available with zero fees, providing direct trading access of NFX listed products to its clients.

Nasdaq Dubai Welcomes Listing Of USD 1 Billion Sukuk By Emirate Of Sharjah

Date 15/03/2018

Nasdaq Dubai welcomed the listing today of a one billion US dollar Sukuk issued by the Emirate of Sharjah. It is the first sovereign Sukuk to be issued in the GCC in 2018, as well as the Emirate of Sharjah’s third and largest Sukuk listing on the exchange.

Valuable Capital Group, Part Of SINA Corporation Group, And Saxo Bank Announce Partnership To Offer Global Investment Services

Date 15/03/2018

Today, Valuable Capital Group, part of the SINA Corporation Group, and Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, announce an agreement to form a new partnership. The two parties will cooperate to provide diversified, convenient and professional global investment services leveraging Saxo Bank’s unique trading technology and access to global capital markets.