News Centre

Bursa Malaysia Revised Two Frameworks To Improve Market Liquidity And Price Discovery For A More Developed Capital Market Ecosystem

Date 27/02/2017

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today shared the revised Tick Rule on Regulated Short Selling (“RSS”) and the Securities Borrowing and Lending - Negotiated Transactions (“SBL-NT”) Failed Trade Proposal frameworks to further facilitate market development. 

The New Zealand Financial Markets Authority: What To Expect From Your Financial Provider

Date 27/02/2017

The Financial Markets Authority (FMA) has today published a series of pointers for customers to use when they are dealing with financial services providers.

OTC Markets Group Adds Exegy As Distributor Of Real-Time Level 1 And Level 2 Market Data

Date 27/02/2017

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today added Exegy Inc., a leading provider of managed services and technology for low-latency financial market data, as a new distributor of OTC Markets’ real-time Level 1 and Level 2 market data.

DTCC & Digital Asset Move To Next Phase After Successful Proof-Of-Concept For Repo Transactions Using Distributed Ledger Technology - New Stakeholder Working Group Will Lead Work To Gather Service Requirements For Phase Two In $3 Trillion Per Day Market

Date 27/02/2017

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the successful completion of a proof-of-concept to better manage the netting process for U.S. Treasury and Agency repurchase agreement (repo) transactions leveraging distributed ledger technology (DLT). Working with Digital Asset, a developer of DLT solutions for financial institutions, the two companies have demonstrated for the first time the successful netting of “start” leg repo transactions with prior end-of-day net securities obligations in the DTCC environment.

Bloq Acquires Blockchain Analytics Pioneer Skry

Date 27/02/2017

Bloq has acquired Skry, a pioneer in blockchain analytics, to enhance its suite of analysis tools and position the firm to maximize the value of blockchain data sets through artificial intelligence and machine learning. Bloq is a leading enterprise software company focused on building and scaling blockchain networks for leading global companies.

Trax And Droit Partner On Emir Eligibility And Derivatives Reporting Service

Date 27/02/2017

Trax®, a leading provider of regulatory reporting, trade matching and capital market data services, has reached agreement with Droit Financial Technologies (“Droit”), the provider of real-time global regulatory decision systems for capital markets, to offer an eligibility determination and regulatory reporting service to help firms meet the European Market Infrastructure Regulation (EMIR) for derivatives.

The Channel Islands Securities Exchange (CISE) Has Announced Plans To Rebrand As The International Stock Exchange (TISE) From 6 March 2017

Date 27/02/2017

The CISE, headquartered in Guernsey (and which opened an office in Jersey at the start of 2015), will also launch a presence in the Isle of Man during March 2017.

Exegy Launches Market Data Vendor Service

Date 27/02/2017

Exegy Inc., a leading provider of managed services and technology for low-latency financial market data, announced today the launch of vending services for direct market data feeds from United States equities, commodities, and derivatives markets.  The new Exegy X-Port service provides low-latency access to direct feed products from US markets at major co-location data centers.  “Becoming a vendor of direct market data feeds and launching our X-Port service is a natural extension of our business,” says chief executive officer James O’Donnell.  “It enables us to respond to our customers’ requests to expand the scope of our managed services to include connectivity to raw market data feeds and continuous monitoring and management of the requisite network infrastructure,” adds O’Donnell.

CloudMargin And SmartDX Collaborate To Help Derivatives Market Participants Rapidly Meet New Variation Margin Rules Imposed This Week - March 1 Deadline In EU, UK, US And Elsewhere Challenges Firms To Find Fast, Efficient Ways To Comply With Global Regulatory Changes, Demonstrate Best Efforts

Date 27/02/2017

CloudMargin<https://cloudmargin.com/>, the multi-award winning creator of the world's first web-based collateral and margin management solution, and SmartDX<http://www.smartcommunications.com/smart-dx> from Smart Communications, the industry standard for automating trade and relationship document generation, collaboration and processing in the capital markets, today announced that the firms have partnered to address the Daily Variation Margin (VM) Rule that goes into effect March 1 in the European Union, United Kingdom, United States and elsewhere.

London Stock Exchange Group/Deutsche Boerse Merger - John Colley, Professor Of Practice At Warwick Business School, Comment: Commission Ends LSE Deutsche Boerse Merger

Date 27/02/2017

Commenting on the news the LSE Deutsche Boerse merger is now in doubt, John Colley, an expert on mega-mergers and a Professor of Practice at Warwick Business School, has made the following statement:

"Concerns from other EU countries appear to have ended the LSE Deutsche Boerse merger. 

"Escalating requests from countries and particularly France suggest concerns that Frankfurt would be too great a beneficiary from the Brexit fallout."