News Centre

SIFMA Municipal Division Recognized By The Municipal Forum Of New York

Date 11/05/2017

In conjunction with the 25th anniversary of the Urban Leadership Fellows (ULF) Program, The Municipal Forum of New York gave special recognition to Michael Decker, managing director, and Leslie Norwood, managing director and associate general counsel, for their many contributions to the municipal market as well as their active support and collaboration on the ULF Program.  Decker and Norwood are the co-heads of SIFMA’s Municipal Securities Division and were honored at The Municipal Forum of New York’s annual dinner last night in New York City. 

European Commission - Speech By Michel Barnier At The Joint Houses Of The Oireachtas (Houses Of Parliament Of Ireland), Dublin, Dublin, 11 May 2017

Date 11/05/2017

I am happy and honoured to address both Houses and to greet you, as the representatives of the people of Ireland, in all your political diversity.

I take this honour as a responsibility.

The responsibility to listen to all those who will be affected by the decision of the UK to leave the European Union.

The responsibility to listen to your concerns, build our positions together, negotiate in our common interest.

Readout From A Treasury Spokesperson On Secretary Mnuchin’s Meeting With Italian Minister Of Economy And Finance Pier Carlo Padoan

Date 11/05/2017

Earlier today, U.S. Treasury Secretary Steven T. Mnuchin met with Minister of Economy and Finance Pier Carlo Padoan of Italy. Secretary Mnuchin and Minister Padoan reviewed recent economic developments in the Italian, European and global economies. The Secretary congratulated Minister Padoan on Italy's successful presidency of the G-7. Secretary Mnuchin underscored the importance of working together to address the threats posed by North Korea and Iran. They also affirmed the importance of jointly working to combat threats to the global economy posed by cybersecurity concerns and the financing of illicit activities.

Federal Open Market Committee Announces Its Tentative Meeting Schedule For 2018

Date 11/05/2017

The Federal Open Market Committee on Thursday announced its tentative meeting schedule for 2018:

Competition And Innovation In Financial Services: The Regulator’s Perspective - Speech By Christopher Woolard, Executive Director Of Strategy And Competition At The FCA, Delivered At Cheung Kong Graduate School Of Business

Date 11/05/2017

Highlights:

• Competition is central to the effective running of financial markets. It drives innovations that consumers want and ensures value for money.  
• The FCA intervenes where competition can’t perform its vital function and there’s a risk of consumer harm.
• The FCA’s Project Innovate positively fosters innovation that focuses on offering better outcomes for consumers.

London Stock Exchange: Indian Minister Of Road Transport & Highways And Shipping Launches NHAI Masala Bond In London

Date 11/05/2017

• National Highways Authority of India (NHAI) chooses London for first global offshore Masala bond, raising INR 30 billion (USD 467 million equivalent)
• Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari is hosted at London Stock Exchange
• Confirms London Stock Exchange’s position as leading international listing venue for Indian finance

Irish Stock Exchange: Subsidiary Of Turkey’s Aktif Bank Becomes GEM’s First Sukuk Listing

Date 11/05/2017

Aktif Bank Sukuk Varlık Kiralama A.Ş., has listed US$118m asset-backed trust certificates on the Global Exchange Market (GEM) of the Irish Stock Exchange (ISE).

TMX Group Announces Election Of Directors

Date 11/05/2017

TMX Group today announced that the nominees listed in the management proxy circular for the 2017 Annual and Special Meeting of Shareholders were elected as directors of TMX Group Limited. Detailed results of the vote for the election of directors held at the Annual and Special Meeting on Wednesday, May 10, 2017 in Toronto are set out below.

London Stock Exchange Group Plc Transaction In Own Shares

Date 11/05/2017

London Stock Exchange Group plc (the "Company") announces that it has purchased through Barclays Capital Securities Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 26 April 2017, the following number of its ordinary shares of 6 79/86 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 29 March 2017:

Cerulli Study Says Financial Advisors Who Currently Use Options Expect To Increase Use Of Options By 30 Percent In Three Years

Date 11/05/2017

The Options Industry Council (OIC), an industry resource funded by OCC and the U.S. options exchanges, today announced the results of a study, How Financial Advisors Use and Think About Exchange-Listed Options, which found that approximately one-third of financial advisors currently use options in 20 percent of client portfolios, and that usage is expected to increase by 30 percent in the next three years. The goal of the study, conducted by Cerulli Associates, a global research and consulting firm specializing in asset management and distribution trends worldwide, is to identify target audiences and educational strategies for the OIC that may lead to increased adoption of exchange-listed options strategies among financial advisors.