News Centre

ESMA Publishes Final Rules To Ensure Integrity Of EU Financial Benchmarks

Date 30/03/2017

The European Securities and Markets Authority (ESMA) has published its final report containing the draft regulatory and implementing technical standards (RTS/ITS) under the Benchmarks Regulation (BMR). These contain the detailed rules to implement the new European regulatory framework aimed at ensuring the accuracy and integrity of benchmarks across the European Union.

SGX Files Complaint With China Authorities Against Wu Xinhua, Executive Chairman And CEO Of China Fibretech

Date 30/03/2017

Singapore Exchange (SGX) has filed complaints with authorities in China against Wu Xinhua(吴新华), Executive Chairman and CEO of SGX-listed China Fibretech Ltd (中国纤科集团有限公司).

ASIC Reports On Sydney Stock Exchange’s Listing Standards

Date 30/03/2017

ASIC has today released its assessment report on the listing standards of the Sydney Stock Exchange Limited (SSX).

Payments Harmonization – The Countdown Has Started - Digital Impulse For Switzerland – Biggest Financial Infrastructure Project In 30 Years

Date 30/03/2017

All current formats, procedures and payment slips will be replaced with the harmonization of Switzerland's payment traffic. Payments will henceforth be based on the globally recognized ISO 20022 standard. This ensures that Switzerland's payment processes are digitalized, making them far more efficient and economical for all market participants. Swiss financial institutions will complete their changeover by the end of 2017, corporate customers by mid- 2018 at the latest. All common payment paths will continue to be supported after the replacement of the payment slips.

First Scale IPO: IBU-tec Listed On The Frankfurt Stock Exchange Today - All Offered Shares Placed - Issue Volume Approx. €20 Million

Date 30/03/2017

IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) was listed in the Frankfurt Stock Exchange's new Scale segment today, making it the first IPO in the new segment for small and medium-sized enterprises (SMEs). IBU-tec's placement volume amounted to around €20 million.

Orca Launches First Standardised Peer To Peer Investment Data & Research Service - Innovative Platform Provides A New Way For Investors To Benchmark P2P Investment Opportunities

Date 30/03/2017

Orca, one of the leading independent data, research and analysis providers on the UK peer-to-peer lending market has today announced the launch of their new platform, aimed at helping financial advisers and sophisticated investors clearly visualise and seize the opportunities within the P2P market.

BioPharma Credit IPO Starts Trading On London Stock Exchange

Date 30/03/2017

• Fourth fund IPO in London in 2017 raises gross proceeds of $762 million, surpassing initial $300 million target
• Biopharma Credit is the first London listed fund specialising in debt financing for life sciences industry
• £2.5 billion raised in Q1 2017 by London listed- funds, up more than 100 per cent year-on-year
• London Stock Exchange continues to attract growing numbers of international fund managers across diversified range of funds
• Over 450 funds now listed on London markets

Indonesian Sukuk Raise Dubai Listings To New Global Record Above USD 50 Billion - Milestone Reflects The Channelling Of Global Islamic Finance Activity And Knowhow Into Dubai - Asian And MENA Issuers Choose Nasdaq Dubai For Worldwide Visibility And Ease Of Listing

Date 30/03/2017

The government of Indonesia today listed two Sukuk with a total value of 3 billion US dollars on Nasdaq Dubai. The listings raised the total nominal value of all Sukuk listed in Dubai above 50 billion US dollars for the first time, to a global record high of 52.06 billion.

Lloyd’s To Open EU InsuranceCcompany In Brussels

Date 30/03/2017

Lloyd’s, the specialist insurance and reinsurance market, has announced it will be setting up a new European insurance company to be located in Brussels. Lloyd’s Chief Executive, Inga Beale, said that the intention is for the company to be ready to write business for the 1st January 2019 renewal season, subject to regulatory approval.

Commcise And ITG Launch Integrated MiFID II Research Solution For Asset Managers

Date 30/03/2017

Commcise, the award-winning provider of integrated commission management solutions for investment management firms, and ITG [NYSE: ITG], a leading independent broker and financial technology provider, today announce that their research payment and management technology solutions have been integrated to provide a seamless end-to-end MiFID II research solution.