News Centre

EEX: Introduction Of Inter-Product-Spreads Between Phelix-DE And Phelix-DE/AT Futures

Date 30/05/2017

EEX has launched Inter-Product-Spreads with guaranteed execution for Phelix-DE/AT and Phelix-DE Futures today. The new spread products enable trading participants to trade price differences between the German and the German/Austrian market more efficiently. The Inter-Product-Spreads are available in the trading system as products with own order book as well as links to the respective single leg order books. Participants may benefit from better liquidity and tighter spreads as a result of the merging of two previously separated products to a stand-ardised Inter-Product-Spread product.

Regulation Is The Number One Concern Of Traders - The First Edition Of The SIX Swiss Exchange Trader Survey Finds Regulation Is Currently Their Biggest Concern

Date 30/05/2017

In April 2017, SIX Swiss Exchange conducted the first edition of its new trader survey. Responses were gathered from 135 traders across Europe. More than half (55%) of them see increased regulation, such as MiFID II, as the biggest barrier they are facing in the next 12 months, under which broker crossing networks could face extinction.

Bats Announces Fee Overhaul Of EDGA Equities Exchange - Follows Industry Interest In Access Fee Pilots - Introduction Of New Fees Effective From June 1, 2017.

Date 30/05/2017

Bats, a CBOE Holdings, Inc. company, and the second- largest operator of stock exchanges in the United States, today announced a relaunch of its EDGA Equities Exchange, in response to industry feedback and debate on exchange fee structures.

MIAX PEARL - June 1, 2017 Fee Changes

Date 30/05/2017

Effective June 1, 2017, pending SEC approval, the MIAX PEARL Fee Schedule will be amended.

ACER And CEER Publish White Paper On Efficient Wholesale Price Formation

Date 30/05/2017

The Agency for the Cooperation of Energy Regulators (ACER) and National Regulatory Authorities in the Council of European Energy Regulators (CEER) published today a Paper on efficient wholesale price formation enabling markets participants to make their trading decisions on the basis of clear and cost-reflective price signals.

SIX Swiss Exchange Survey: Block Trading Remains A Growth Area Despite Trader Uncertainty Around Forthcoming Regulations

Date 30/05/2017

Key findings in summary:

• 65% of respondents believe increased regulation, such as MiFID II and FinfraG (Switzerland), will have the biggest impact on their business
• A significant proportion were bullish regarding their trading space, with 43% convinced of continued stability
• Nine out of ten traders expect block trading to grow or at least remain stable in the next five years

Chubb Appoints Kyle Bryant Regional Cyber Risk Manager For Europe

Date 30/05/2017

Chubb today announced the appointment of Kyle Bryant to the newly-created role of Regional Cyber Risk Manager, Europe.

LSEG To Acquire The Yield Book And Citi Fixed Income Indices

Date 30/05/2017

• LSEG to acquire The Yield Book and Citi Fixed Income Indices from Citi, including the World Government Bond Index (WGBI), for total cash consideration of $685 million (£535 million) subject to customary adjustments
• The Yield Book and Citi Fixed Income Indices are both leading providers of fixed income indices and analytics globally
• Enhances and complements LSEG’s Information Services data and analytics offering, building on FTSE Russell’s US market presence and fixed income client base globally
• Allows FTSE Russell to capitalise further on key industry trends including strong growth in multi-asset solutions and passive investment strategies
• LSEG and Citi committed to ensuring a smooth transition, prioritising business continuity and uninterrupted delivery of products and services
• Attractive revenue and cost synergies of $30 million and $18 million respectively to be achieved through new product opportunities and operational efficiencies

Axioma Delivers Market Risk Solutions For Mirova And Natixis Asset Management - Expands Collaboration With FactSet In Continental Europe

Date 30/05/2017

Axioma, a leading provider of enterprise market risk and portfolio management solutions, and FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, have entered into an agreement with Mirova, the second-largest European manager of open-ended SRI funds and Natixis Asset Management, a leading Europe-based asset manager. These two leading asset managers are Natixis Global Asset Management affiliates, itself one of the largest asset managers in the world with more than US$ 877.1 billion under management.

Softek Join Forces With Elinphant

Date 30/05/2017

Softek, a leading provider of Capital and Credit Management solutions have announced a new partnership with Elinphant LLC, a specialist consulting practice providing governance, risk management and compliance solutions to financial service firms.