News Centre

HKEX: Arrangements For Adjustment Of MTR Structured Products, Futures And Options

Date 05/05/2016

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to MTR Corporation Ltd (MTR) structured products, futures and options to account for MTR's special dividend.

Launch Of The World’s First Indian Sovereign Bond ETF

Date 05/05/2016

MCB Capital Markets (MCBCM) and ZyFin Holdings (ZyFin) announced the launch of MCB India Sovereign Bond ETF (the “MCB India ETF”), the world’s first Exchange Traded Fund (ETF) to provide international investors dedicated access to the Indian sovereign bond market.

TriOptima Completes First triReduce Compression Cycle For Cleared Euro Interest Rate Swaps In Eurex Clearing

Date 05/05/2016

TriOptima, the award-winning post trade infrastructure provider, announces that Eurex Clearing members completed the first successful triReduce compression cycle for cleared euro (EUR) interest rate swaps (IRS). This was the first collaboration between Eurex Clearing and TriOptima.

Misys Named Best Portfolio Management Software Provider In HFM European Services Awards 2016 - Misys FusionInvest recognised For Its Ability To Simplify The Investment Management Process And Deliver Real-Time IBOR

Date 05/05/2016

Misys, the global financial software and services company, has been named Best Portfolio Management Software Provider at the HFM European Hedge Fund Services Awards. Misys FusionInvest receives this award in recognition of its ability to simplify the investment management process, with a combination of market-leading portfolio management capabilities and a real-time investment book of record (IBOR) backbone.

Convergex Expands European Presence

Date 05/05/2016

Convergex, an agency-focused global brokerage and trading related services provider, is pleased to announce that it has further expanded its European-based electronic sales team with the recent hiring of Leila Mayet and Jeanine Cerligione. Both Leila and Jeanine join Convergex as Vice-Presidents and will focus on offering an enhanced level of service to Convergex's European clients. Leila and Jeanine join Frances Martin, also based in London, and report to John Holl, Head of International Sales and Trading. They will work alongside Convergex's experienced team of traders, sales-traders and other personnel. Philip Gough is CEO of Convergex Limited, Convergex's London-based brokerage.

United Kingdom Parliament Treasury Committee Update: Chancellor Responds To Chair On Tax Deductably Of Fines

Date 05/05/2016

Rt Hon. George Osborne, Chancellor of the Exchequer, has confirmed that payments made by banks to regulators are viewed as “a routine cost of doing business” and are therefore “generally deductible for Corporation Tax purposes”, in his response to a letter from Rt Hon. Andrew Tyre MP, Chairman of the Treasury Committee.

GBST Study Outlines Success Scenarios For Blockchain In Capital Markets

Date 05/05/2016

• Blockchain technologies have the potential to address industry inefficiencies but implementation outcomes will vary
• GBST analyses four different scenarios for the introduction of blockchain in capital markets in coming years

Euronext Derivatives Added To Mckay Brothers’ Quincy Extreme Data Service - Equity Index Futures At The Lowest Known Latency At Major UK Trading Centers

Date 05/05/2016

McKay Brothers International has added Euronext equity index futures to its industry-leading Quincy Extreme Data (QED) service. The QED service now offers select Euronext instruments at the lowest known latency at major UK trading centers. Latency to Slough-LD4 is 273 microseconds, Interxion-LON2 is 140 and Quincy’s Central London POP adjacent to the LSE is 142.

Cyprus Stock Exchange: Compliance With The Provisions Of The European Code Of Conduct For Clearing And Settlement

Date 05/05/2016

The Cyprus Stock Exchange (CSE), represented by the European Central Securities Depositories Association (ECSDA) of which is a member, the European Association of Central Counterparty Clearing Houses (EACH) and the Federation of European Securities Exchanges (FESE) agreed on 7 November 2006 on a European Code of Conduct for Clearing and Settlement (the ‘Code of Conduct’).

ASIC: Macquarie Equities Limited - Conclusion Of 12-Month Program Of Work

Date 05/05/2016

ASIC has confirmed finalisation of the 12-month program of work agreed to by Macquarie Equities Limited (MEL) that was announced in February 2015.