News Centre

Electricity Market Design: Europex Urges Continued Focus On Robust Market Principles

Date 05/02/2018

Europex generally welcomes the Council’s General Approach on electricity market design (recasts of the Electricity Regulation and Directive, as published on 20 December 2017) which makes positive steps towards achieving more integrated, liquid and efficient wholesale electricity markets in Europe. Properly functioning energy markets, and the resulting reliable price signals constitute the most effective means to meet the challenges of an evolving energy sector and to deliver energy to European citizens in a reliable, affordable and climate-friendly way.

BETTER FINANCE- Willingness Of EU Member States Crucial For Ending Double Taxation Of Investment Income Within The EU

Date 05/02/2018

Guillaume Prache, Managing Director of BETTER FINANCE, was invited to address the European Commission’s (EC) ‘Public Hearing on a simpler Withholding Tax procedure for Europe’. The EC just released a Code of Conduct on withholding tax aimed at improving the refund and/or relief at source of current withholding taxes (WHT) charged by Member States within the European Union. At the hearing all participants, public and private, agreed that the success factor to transform this Code of Conduct into reality is the willingness of Member States to implement this non-binding document.

ELITE Partners With Monsha’at (Saudi Small & Medium Enterprises Authority) To Launch ELITE Saudi Arabia

Date 05/02/2018

• ELITE and Monsha’at (Saudi Small & Medium Enterprises Authority) partner to launch business support & capital raising programme in Saudi Arabia  
• First ELITE partnership in the Middle East, following launches in Brazil and China in 2017
• Kingdom unveils first group of ELITE Saudi companies
• Demonstrates LSEG’s commitment to strengthening ties with capital markets across the MENA region  

Eurex Clearing: Successful Start Of Partnership Program

Date 05/02/2018

Eurex Clearing, one of the world’s leading Central Counterparties (CCP) and part of Deutsche Börse Group, notes a strong increase in demand for its OTC clearing services. In January, the Average Daily Volume cleared in the OTC interest rate segment increased by factor seven to 35 billion Euro from 5 billion Euro in 2017. "We are very pleased that our partnership program is gaining broad market support", says Eurex Clearing CEO Erik Müller.

Cboe Europe Equities Reports January Volume And Activity

Date 05/02/2018

• Record month for Cboe Periodic Auctions and Cboe LIS as MiFID II solutions see swift uptake with more than €11 billion traded on the two platforms in January
• Cboe Periodic Auctions book reports average daily notional value traded (ADNV) of €296 million in January, up 885.3% over Q4 2017 ADNV
• Cboe LIS reports record ADNV of €205 million in January, up 46.9% over Q4 2017 ADNV
• More than 70 buy-side firms now trade reporting through Cboe’s Approved Publication Arrangement (APA) now trade reporting through Cboe’s Approved Publication Arrangement (APA)

Nasdaq And Palestine Exchange Sign New Market Technology Agreement - The Exchange’s New Trading Engine Will Be Running On The Nasdaq Financial Framework; Continue Operating SMARTS For Market Surveillance Efforts

Date 05/02/2018

Nasdaq Inc. (Nasdaq:NDAQ) and Palestine Exchange (PEX) have signed a new market technology agreement for Nasdaq to deliver new matching engine technology via the Nasdaq Financial Frameworkarchitecture to Palestine’s stock exchange. PEX, which will also continue to use Nasdaq’s SMARTS surveillance technology for monitoring its market, will leverage the modular functionality of the Nasdaq Financial Framework to offer additional services to their members and clients. This new agreement marks the next chapter in a 10-year technology partnership between Nasdaq and PEX.

Osaka Exchange: Suspension Of The All Derivatives Night Session Trading On February 9th

Date 05/02/2018

The night session for all derivatives trading on February 9, 2018 (the trading day of February 13, 2018), which is a business day preceding the launch date of the next derivatives clearing system at Japan Securities Clearing Corporation, will not be held at OSE.

Shenzhen Stock Exchange: Optimizing Shareholder Information Disclosure Channels And Deepening Capital Market Service

Date 05/02/2018

In order to further perfect the listed companies shareholder information disclosure platform, improve the efficiency of shareholder disclosure and protect legitimate rights and interests of investors, the Shenzhen Stock Exchange (“SZSE”) has made amendments to the Guidance for Shareholder Business of Listed Companies (hereafter referred to as “the original Guidance”). This Guidance was released and came to effect as of today. 

SET Renews MoU With Korea Exchange To Foster Regional Collaboration

Date 05/02/2018

The Stock Exchange of Thailand (SET) today signed the renewal of memorandum of understanding (MoU) to continue the synergized efforts on capital market development and business opportunities between the two exchanges, including products and services development, IT infrastructure cooperation and information exchange.

UAE's Securities And Commodities Authority Issues Circular Warning Investors Against Digital, Token-Based Fundraising Activities

Date 05/02/2018

The Securities and Commodities Authority (SCA) raised the alarm about all digital, token-based fundraising activities or investment schemes in the UAE, whether referred to as initial coin offerings (ICOs), initial token offerings, token presale, or token crowdsale.