News Centre

Over 10 Fund Managers Prepare To List Their Funds In BME New Segment

Date 22/06/2017

The market segment for the subscription, redemption and transfer of investment funds, BME Fondos, will be available as of July 7th.

Kx Technology And The SETI Institute Teams Up With NASA Frontier Development Lab To Apply AI To Solve Space Related Challenges

Date 22/06/2017

• Kx technology to provide its analytical capability alongside expertise from Lockheed Martin and IBM for Solar Storm Prediction
• The pairing of data aggregation with machine learning techniques will become the critical enabler of future Space Exploration

ECB To Develop A Service For The Settlement Of Instant Payments

Date 22/06/2017

• TARGET instant payment settlement (TIPS) scheduled to start operating in November 2018
• TIPS will allow citizens and firms to make payments via their bank anywhere in the euro area within a matter of seconds and contribute to further enhance the euro area’s integration

VTB Capital held Annual Investment Forum RUSSIA CALLING: London Sessions

Date 22/06/2017

On the 20th – 21st June, VTB Capital held its Investment Forum Russia Calling: London Sessions. The conference consisted of two panel sessions, as well as individual meetings between international investors and Russian business leaders.

DFM Welcomes The Listing Of Orient UNB Takaful

Date 22/06/2017

• Hassan Al Serkal: “The listing enables investors to benefit from Takaful sector’s enormous opportunities growth in line with Dubai’s position as the capital of Islamic economy globally”
• Mohammad Nasr Abdeen: “Orient UNB Takaful will offer a range of innovative products and Sharia compliant financial services and insurance products to the customers”
• Omer Hassan Al Elamin: “The Listing of Orient UNB Takaful in Dubai Financial Market is a step towards achieving its objectives and vision to provide and develop Islamic Takaful products in a way that give more choice to the clients and policy holders”.

Trading 212 Launches The UK’s First Zero Commission Share Trading Service

Date 22/06/2017

• For the first time UK consumers can buy and sell shares for free
• Established stockbrokers are marking up trade execution cost by up to 1000%  
• Average broker fees costing investors an estimated 15% of their investment over 5 years

RSRCHXchange Survey Reveals 85% Of Asset Managers Expect To Comply With MiFID II Rules In Q4 Or Later - Poll Of 562 Asset Managers Reveals That Two Weeks Before The Regulation Enters Law, 54% Of Funds Still Feel They Don’t Have Enough Information On Research Unbundling, Indicating That More Education Needs To Be Done

Date 22/06/2017

RSRCHXchange, the aggregator and marketplace for institutional research, today released headlines from the results of their latest survey analysing the readiness of asset managers for the MiFID II research unbundling rules coming into effect in January 2018. The survey was conducted in Q2 2017 by polling company Survation, who canvassed the views of 562 respondents, representing over 450 firms with AUM ranging from $100bn+ to less than $1bn, making this the biggest survey of its kind. The survey follows a similar poll carried out in Q4 2016.

Kompli-Global’s Technology Will Make Life More Difficult For Money Launderers - Technology Will Make Compliance Easier When Tougher Anti-Money Laundering Laws Come Into Force On June 26th 2017

Date 22/06/2017

Life is about to get tougher for money launderers. One of the new government’s first tasks will be to approve draft regulations to implement EU 4MLD[i]. These new regulations, with their more rigorous approach, apply to banks and other relevant persons[ii]. One of the major changes is the need to thoroughly search for adverse information on potential and existing customers and to evidence this has been done. Carrying out Customer Due Diligence (CDD) manually on entities which are abroad is particularly demanding.   

Semi-Annual Review Of The Nasdaq First North 25 Index - New Portfolio Of The Nasdaq First North 25 Index Will Become Effective On July 3, 2017

Date 22/06/2017

Nasdaq (Nasdaq:NDAQ) announced today the results of the semi-annual review of the Nasdaq First North 25 Index (Nasdaq Stockholm: FN25) which will become effective with the market open on Monday, July 3, 2017.

Tokyo Financial Exchange: Suspension Of Trading Over-Night Call Rate Futures

Date 22/06/2017

TFX decided to suspend trading of Over-Night Call Rate Futures in light of the recent low interest rate environment in the financial markets. The matching of this product will be suspended after the day session (15:30) of July 21th 2017.