News Centre

Moscow Exchange: Risk Parameters Change On Securities And Derivatives market

Date 13/03/2018

CCP NCC is changing IM rates on Securities market starting from March 19, 2018 for the following shares:

European Equities LiquidityMatrix February 2018, By TABB Group's Tim Cave

Date 13/03/2018

February proved to be a strong test for the equity market structure forged by MiFID II at the start of 2018. Market volatility returned with a vengeance, bringing with it increased volume, but the markets reacted well. New venues, such as systematic internalisers and periodic auction books, continued to grow, but at a slower rate. One surprise during the month was a reduction in the number of Large-In-Scale Trades, both notionally and as a proportion of the dark market, perhaps evident of an inverse relationship to volatility. Every month, TABB Group’s European Equities Liquidity Matrix™ provides the industry with a breakdown of market share for each major equity execution channel, including lit venues, dark MTFs, block venues, periodic auction books and systematic internalisers.

European Commission: Speech By President Juncker At The Plenary Session Of The European Parliament On The Guidelines On The Framework Of Future EU-UK Relations

Date 13/03/2018

Ten days ago Prime Minister May gave us some more clarity on how the UK sees its future relationship with the EU.

As my good friend John Bruton wrote in a recent article: "The most valuable test that Mrs May wishes to apply to a Brexit agreement is that it should be one that would endure, and not require constant renegotiation."

I could not agree more, which means that everything that we say and that we do, on both sides, will require the utmost of clarity to help us pass the test.

Addressing The Dark Side Of The Crypto World, By Christine Lagarde, Managing Director, International Monetary Fund

Date 13/03/2018

Whether Bitcoin’s value goes up or Bitcoin’s value goes down, people around the world are asking the same question: What exactly is the potential of crypto-assets?

Statement Of CFTC Commissioner Brian Quintenz On A Proposal By Cameron And Tyler Winklevoss For A Virtual Commodity SRO

Date 13/03/2018

I congratulate Cameron and Tyler Winklevoss on their energetic leadership and thoughtful approach in outlining a virtual commodity self-regulatory organization (SRO) concept. 

ICE Benchmark Administration To Publish Test Data For The Evolution Of ICE LIBOR

Date 13/03/2018

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announces that ICE Benchmark Administration Limited (IBA) will publish data relating to a three-month testing period during which all 20 LIBOR panel banks were required to make parallel LIBOR submissions. These parallel submissions used the evolved waterfall methodology (the “waterfall methodology”) set out in the ICE LIBOR output statement (the “output statement”).

Federal Reserve Issues Enforcement Action With Industrial And Commercial Bank Of China Ltd.

Date 13/03/2018

The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below:

• Industrial and Commercial Bank of China Ltd., Beijing, People's Republic of China and
• Industrial and Commercial Bank of China Ltd., New York Branch, New York, New York

Cease and Desist Order dated March 12, 2018

Attachment (PDF)

SEC: Foreign Affiliates Of KPMG, Deloitte, BDO Charged In Improper Audits

Date 13/03/2018

The Securities and Exchange Commission today charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB).

LiquidityBook Names Matthew Howard Head Of Asia-Pacific Client Service

Date 13/03/2018

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the addition of Matthew Howard as Head of Asia-Pacific Client Service, as demand for its industry-leading POEMS (portfolio, order and execution management system) platform grows globally.

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