News Centre

ESMA Registers SPMW Rating Sp. z o.o. As A CRA

Date 15/03/2018

The European Securities and Markets Authority (ESMA), the EU’s direct supervisor of credit rating agencies (CRAs), has registered SPMW Rating Sp. z o.o. as a CRA under Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (CRA Regulation), with effect from 15 March 2018. SPMW Rating Sp. z o.o. is based in Poland, issuing sovereign and public finance ratings and corporate ratings.

JPX, KRX And TWSE Sign Trilateral Memorandum Of Understanding

Date 15/03/2018

Japan Exchange Group, Inc. (JPX), Korea Exchange (KRX) and Taiwan Stock Exchange Corporation (TWSE) signed a memorandum of understanding (MOU) today.

ECB Launches A Second Consultation On A New Euro Unsecured Overnight Interest Rate

Date 15/03/2018

• ECB calls for input on the detailed features of the new unsecured overnight interest rate
• Consultation runs until 17:00 CET on 20 April 2018

Societe Generale Joins Euronext's Best Execution Service For Retail Investors

Date 15/03/2018

Societe Generale and Euronext announced today they are joining forces to offer retail investors “Best of Book”, Euronext’s best execution service. This service will enable customers in Societe Generale’s French network to benefit from a greater quality of order execution on the exchange at a competitive price

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.