News Centre

ESMA Publishes Responses To The DP On Draft RTS And ITS Under SFTR

Date 03/05/2016

The European Securities and Markets Authority (ESMA) has published the responses received to the Discussion Paper on draft RTS and ITS under the Securities Financing Transaction Regulation (SFTR).

Broadridge Launches Next Generation Global Post Trade Management Solution Enabling Banks To Gain Transformative Operational Advantages - Solution Leverages New Technology And Componentized Architecture To Position Global Banks For Growth

Date 03/05/2016

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced the introduction of its Global Post Trade Management (GPTM) solution, a next generation offering that allows investment banks and broker-dealers to transform their operating models to gain operational and cost efficiency. The solution enables transformation by streamlining operations across asset classes, markets and business entities globally, and enhances banks’ and brokers’ financial and risk management and regulatory compliance capabilities.

The Spanish Stock Exchange Traded €78 Billion In April, Up 24.5% From March

Date 03/05/2016

• The equity trading volume to the end of April totaled €275.4 billion
• To April the ETFs trading volume reached €2.7 billion
• The traded volume in Derivatives in April was up 1.4% year-on-year
• The volume of new issues on MARF totaled €702 million to April, more than 7 times as high as last year

FINRA Sanctions Metlife Securities, Inc. $25 Million For Negligent Misrepresentations And Omissions In Connection With Variable Annuity Replacements - Largest FINRA Fine Relating To Variable Annuities

Date 03/05/2016

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined MetLife Securities, Inc. (MSI) $20 million and ordered it to pay $5 million to customers for making negligent material misrepresentations and omissions on variable annuity (VA) replacement applications for tens of thousands of customers. Each misrepresentation and omission made the replacement appear more beneficial to the customer, even though the recommended VAs were typically more expensive than customers' existing VAs. MSI's VA replacement business constituted a substantial portion of its business, generating at least $152 million in gross dealer commission for the firm over a six-year period.

Intercontinental Exchange, Inc. Rule 2.10 Announcement

Date 03/05/2016

Intercontinental Exchange, Inc. (“ICE”) (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, confirms, in accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), that as of the close of business on 2 May 2016, it had 119,045,641 shares of common stock, having US$0.01 par value each, in issue and admitted to trading on the New York Stock Exchange under the International Securities Identification Number (ISIN) US45866F1049, excluding shares of common stock held in treasury.

Purdue, CME Group To Take Monthly 'Barometer' Of Confidence In Agricultural Economy

Date 03/05/2016

Purdue University's Center for Commercial Agriculture and the derivatives marketplace CME Group are partnering to produce the Purdue/CME Group Ag Economy Barometer, a monthly nationwide measure of the health of the U.S. agricultural economy.

Singapore Exchange Selects IPC To Manage New Hub In Chicago

Date 03/05/2016

IPC Systems, Inc., a leading global provider of specialised communications and managed network-as-a-service solutions for the financial trading community, today announced that it has been selected by Singapore Exchange (SGX) to manage the SGX Chicago Hub, which is available at CME Group’s facility in Aurora, Illinois.

PNC Selects AxiomSL For Regulatory Reporting

Date 03/05/2016

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that PNC, one of the largest banks in the United States, will deploy the AxiomSL platform to meet regulatory reporting requirements, such as FR Y9c, 14 M/Q and 5G/2052a, across the U.S., Canada and the Bahamas.

LME And LME Clear Boards Appoint New Independent Director

Date 03/05/2016

The Boards of the London Metal Exchange (LME) and LME Clear are pleased to announce the appointment of Antony Stuart as an independent non-executive director.

Tikehau Capital Appoints Carine Lecadre-Perrier As Head Of Group Compliance

Date 03/05/2016

Tikehau Capital today announces the appointment of Carine Lecadre-Perrier as Head of Group Compliance and a Member of the group’s Management Committee.