News Centre

Treasury BondSpot Poland Once Again Selected As The Electronic Treasury Securities Market

Date 27/01/2016

• Treasury BondSpot Poland (TBSP) has been selected as the electronic Treasury securities market by banks holding the status of Treasury Securities Dealer
• TBSP, the market operated by BondSpot S.A. – a member of the GPW Group, will perform this function until 30 September 2019

MGEX Sets New Open Interest Record

Date 27/01/2016

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has reached the highest open interest total in its 135 year history as of Tuesday afternoon, closing the day at 82,279.

State Street Reports Fourth-Quarter 2015 GAAP-BASIS EPS Of $1.34 On Revenue Of $2.5 Billion - Full-Year 2015 GAAP-Basis EPS Of $4.47 On Revenue Of $10.4 Billion - Fourth-Quarter 2015 Operating-Basis EPS Was $1.21, On Revenue Of $2.6 Billion

Date 27/01/2016

• State Street achieved strong new business results as evidenced by new asset servicing commitments of approximately $300 billion this quarter and total of $800 billion in 2015
• State Street expect its multi-year transformation program and targeted staff reductions, announced in Q3, to generate approximately $550 in annualized savings when fully implemented
• Fourth-quarter 2015 operating-basis EPS was $1.21, on revenue of $2.6 billion
• Full-year 2015 operating-basis EPS was $4.89, on revenue of $10.6 billion

UK Serious Fraud Office: LIBOR Defendants Aquitted

Date 27/01/2016

Five individuals have been found not guilty of conspiracy to defraud in connection with the SFO’s ongoing criminal investigation into the manipulation of LIBOR by a jury at Southwark Crown Court today.

ESAs Submit A Joint Letter To The European Commission On Cross-Selling Of Financial Products In The EU

Date 27/01/2016

The Chairpersons of the three European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – sent a joint letter on cross-selling of financial products to Jonathan Hill, the European Commissioner for Financial Stability, Financial Services and Capital Markets Union.

UK Financial Conduct Authority: Clarifying Our Supervisory Intentions: Overall Responsibility For The Legal Function Under The Senior Managers Regime

Date 27/01/2016

It has come to our attention that there is uncertainty as to whether an individual in charge of a firm’s legal function requires approval under our Senior Managers regime. This statement:

• describes our plans to consult on this area; and
• makes clear that firms that have sought to make decisions in good faith about whether or not approval is needed, on the basis of our published rules and other communications, should not need to change their approach in the interim.

European Commission: Keynote Address By Commissioner Jonathan Hill At The Trans Atlantic Consumer Dialogue, Brussels, Commissioner For Financial Stability, Financial Services And Capital Markets Union, Regulatory Responses To The Global Financial Crisis In The EU And US: Implementation And Enforcement Of Retail Financial Services Regulation

Date 27/01/2016

It's a great pleasure to be here at your annual conference and to have the opportunity to talk about financial services from the point of view of the consumer. We depend on a strong financial services industry to pay our bills, to insure against ill-health, to plan for retirement. And the financial services industry depends on consumers and retail investors to provide the pools of capital it needs to invest.

Women In ETFs Celebrates Two-Year Anniversary, At Inside ETFs Conference, Marking Sharp Expansion Of Membership And Programs Across Global Chapters.

Date 27/01/2016

Women in ETFs (WE) celebrated its two-year anniversary at Inside ETFs conference in Hollywood Florida with a breakfast event.  In 2015 WE expanded membership to 1,600 with over 900 new members added.  U.S. chapters in Boston, Chicago, New York, San Francisco, and Washington represent 60% of current membership, with 21% from Europe, 9% from Canada and 10% from Asia Pacific.  WE’s mission is to connect, support, and inspire women and men across the ETF industry, spanning fund managers, exchanges, index providers, brokers, lawyers and custodians. A large part of its programs include high-quality of education, networking, and charitable events it offers both members and non-members. 

TSX And S&P Dow Jones Indices Sign Multi-Year Agreement

Date 27/01/2016

TMX Group (TMX) and S&P Dow Jones Indices (S&P DJI) today announced a renewal of the multi-year Index Operation and License Agreement (Agreement) between TSX Inc. and S&P DJI, further extending their long-standing and successful partnership. The Agreement will ensure that market participants will continue to have access to a comprehensive suite of investable indices for the Canadian equity markets, as well as North American and global markets. Executives and other representatives from TMX and S&P DJI will later today hold a market close ceremony to celebrate the Agreement.

Recognos ETI Creates Smarter Data - New Platform Extracts, Transforms And Integrates Data To Improve Business Intelligence

Date 27/01/2016

Recognos Financial, provider of AI based data management solutions for the financial services industry, today announced the launch of Recognos ETI, a new data extraction platform designed to unlock greater context and insight from otherwise untapped business data.  Utilizing the latest advancements in artificial intelligence (AI), natural language processing (NLP), semantic and other technologies, Recognos ETI allows companies to extract, transform and integrate both structured and unstructured documents and data into useable business intelligence.