News Centre

The First Exchange For Trading Multiple Assets Using Cryptocurrency – TradeConnect – Is Announced

Date 13/03/2018

• Blockchain-based exchange TradeConnect enables trading of everyday financial products such as equities, FX, commodities and precious metals
• A single digital trading token – ThinkCoin – will be used as a unit of exchange
• ThinkCoin Initial Coin Offering (ICO) launches on 27th March 2018
• TradeConnect is part of the ThinkMarkets group, a globally-licensed financial services firm with more than a decade of experience

Cboe Periodic Auctions Hits New One-Day Record Of €582 Million Traded On 12 March

Date 13/03/2018

• Cboe Periodic Auctions volume continued to rise since the implementation of MiFID II; poised for continued growth with double-volume caps now in effect
• March average daily notional value traded (ADNV) for Cboe Periodic Auctions book reaches €435.4 million

Bitcoin Not The Answer To A Cashless Society - Opinion Piece By Benoît Cœuré, Member Of The Executive Board Of The ECB And Chair Of The Bank For International Settlements (BIS) Committee On Payments And Market Infrastructures (CPMI), Co-Authored By Jacqueline Loh, Chair Of The BIS Markets Committee, Published In The Financial Times On 13 March 2018

Date 13/03/2018

Next week, Group of 20 policymakers will discuss bitcoin and other blockchain-based digital tokens. Such cryptocurrencies are poor imitations of money. Almost nobody prices goods in bitcoin, few use them for payments, and, as a store of value, they are no better than gambling in a casino. Policymakers are rightly worried about consumer and investor abuses, as well as illicit use.

Minutes Of Euro Risk Free Working Group 1st Meeting Now Available

Date 13/03/2018

The European Central Bank has published the minutes of the first meeting of the Euro Risk Free Rates Working Group held on 26 February 2018, including concluding remarks from ESMA's Chair.

Hong Kong's Securities And Futures Commission Reprimands And Fines Deutsche Bank AKTIENGESELLSCHAFT And Deutsche Securities Asia Limited $8.3 Million For Regulatory Breaches

Date 13/03/2018

The Securities and Futures Commission (SFC) has resolved its concerns with Deutsche Bank AKTIENGESELLSCHAFT (DBAG) and its wholly-owned subsidiary Deutsche Securities Asia Limited (DSAL) over regulatory breaches related to short position reporting, unlicensed regulated activities and segregation of client monies.

London Stock Exchange Group Strengthens Partnership With Kenya

Date 13/03/2018

• LSEG delegation visits Nairobi to discuss further capital markets  collaboration
• Follows recent successful African Eurobond issuances in London including $2bn Kenyan Eurobond listing
• Reinforces London’s status as a leading global financial centre and a natural funding partner to Kenya

Hong Kong's Securities And Futures Commission Reprimands And Fines CLSA Limited $9 Million Over Internal Control Failures

Date 13/03/2018

The Securities and Futures Commission (SFC) has reprimanded and fined CLSA Limited (CLSA) $9 million after resolving concerns over CLSA’s internal control failures in relation to its client facilitation services and reporting obligation under the Code of Conduct. 

Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange And Montréal Exchange Closed For Good Friday

Date 13/03/2018

Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange will be closed on Friday, March 30, 2018 for Good Friday.

Risk Focus Launches Regulatory Reporting Advisory Services

Date 13/03/2018

Risk Focus Inc., the leading provider of Trading and Risk Solutions, today announced their new Regulatory Reporting Advisory (RRA).  The service is designed to help clients comply with global trade reporting regulations, meet aggressive deadlines and build solutions for regulatory compliance, including upcoming regulations like Securities Finance Transaction Reporting (SFTR), effective early 2019. Risk Focus RRA offers support for all aspects of regulatory reporting and controls. Workshops, health checks, assurance reviews, education, and training all ensure that Risk Focus RRA provides stability in times of constant change.

Basel Committee Publishes Follow-Up Reports On Basel III Implementation Assessments And An Updated Handbook For Jurisdictional Assessments

Date 13/03/2018

The Basel Committee on Banking Supervision has published overviews of follow-up actions taken or planned by member jurisdictions as of end-2017 to address deviations from the Basel standards that were identified as part of the Committee's Regulatory Consistency Assessment Programme (RCAP). This covers assessments that were completed and published as of end-2016.