News Centre

UK Takeover Panel Statement Regarding Fidessa

Date 10/04/2018

On 21 February, the boards of Fidessa and Temenos announced that they had reached agreement on the terms of a recommended firm offer for Fidessa (the “Offer”), to be implemented by means of a scheme of arrangement. On 13 March, Fidessa announced the publication of the scheme circular in relation to the Offer. That circular included notice of the shareholder meetings to approve the Offer, which were both scheduled to be held on 5 April

CPMI And IOSCO Issue Guidance On Supervisory Stress Testing Of Central Counterparties (CCPs)

Date 10/04/2018

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published the Framework for supervisory stress testing of central counterparties (CCPs).The framework provides authorities with guidance to support their design and implementation of supervisory stress tests for CCPs.

ESMA Asks Commission To Clarify Ancillary Activity Test Under MiFID II

Date 10/04/2018

The European Securities and Markets Authority (ESMA) has today written a letter to the European Commission regarding the exemption from authorisation as investment firm which non-financial entities are eligible for when their commodity derivative trading activity is ancillary to their main business as set out in Directive 2014/65/EU on markets in financial instruments (MiFID II).

Vienna Stock Exchange Market Analysis: Austrian Economy At Cyclical Peak

Date 10/04/2018

The Austrian economy is reaching the peak of its ongoing economic cycle in the current months. This is also true for the European and the global economy. The economic researchers (Statistics Austria and WIFO, the Austrian Institute of Economic Research) expect GDP to grow by 3.2% in real terms in 2018 and by a still respectable 2.2% in 2019.

ESMA Data Shows EU Exchange-Traded-Derivatives Market Volumes At €200tn

Date 10/04/2018

The EU market for Exchange-Traded-Derivatives (ETDs) is worth approximately €200tn –  with an average daily turnover of €1.3tn – a recent report by the European Securities and Markets Authority (ESMA) shows.

Nasdaq Announces 2018 Annual Meeting Of Stockholders

Date 10/04/2018

Nasdaq (Nasdaq:NDAQ) has scheduled its 2018 annual meeting of stockholders for April 24, 2018 at 8:30 AM ET. The meeting will be held at the Nasdaq MarketSite, 4 Times Square, New York, NY.

ESMA Updates Its Double Volume Cap Register

Date 10/04/2018

The European Securities and Markets Authority (ESMA) has updated today its public register regarding the double volume cap (DVC) mechanism under the Markets in Financial Instruments Directive (MiFID II). 

SGX Ends Q1 CY2018 With Over 3.6 Million Contracts For FX Futures - 89% Y-O-Y Growth

Date 10/04/2018

Trade tariffs, a breakthrough (of sorts) in the Brexit talks and data privacy issues at Facebook that impacted the technology sector were some of the newsworthy events in March that sustained some periodic upticks in volatility. Fears of an extended trade war between the US and China were key to driving market activity during the month, and helped pushed SGX FX futures over a million contracts [1,009,012 contracts] for the third month in a row. The aggregate FX futures volume for Q1 2018 topped 3.6 million contracts and grew 89% y-o-y.

CloudMargin Attracts New US$10 Million Round Of Investment Led By Leucadia National Corporation, IHS Markit

Date 10/04/2018

• Doubles Client Base; 
• Secures Commitments from First Two Global Investment Banks; 
• Achieves 250 Percent Annual Growth in Collateral Agreements on Platform; 
• Expands Strategic Partnership with IHS Markit

MOEX To Offer Access To The Global Equity Market For Russian Investors

Date 10/04/2018

Moscow Exchange announces plans to expand exposure to global financial market products for Russian investors.