News Centre

Nigerian Stock Exchange Weekly Report For 11 December 2015

Date 11/12/2015

A turnover of 1.174 billion shares worth N13.846 billion in 13,870 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.218 billion shares valued at N14.685 billion that exchanged hands last week in 13,495 deals.

Protecting Investors Through Proactive Regulation Of Derivatives And Robust Fund Governance, SEC Commissioner Luis A. Aguilar, Dec. 11, 2015

Date 11/12/2015

Today, the Commission considers new rules that are designed to protect investors by addressing the use of derivatives by registered investment companies.[1] As demonstrated by the 2008 financial crisis, and the economic turmoil that followed, years of regulatory complacency and deregulation enabled an unregulated derivatives marketplace to cause significant losses to investors.[2] In response to that crisis, in 2010, Congress passed the Dodd-Frank Act to address the causes of the financial crisis, and specifically included provisions in Title VII of the Act mandating the establishment of a regulatory framework for addressing broad categories of derivatives.[3] This process is still ongoing.

EBRD Acquires 10 Per Cent Stake In Borsa İstanbul

Date 11/12/2015

The European Bank for Reconstruction and Development (EBRD) and Borsa İstanbul have agreed today to the acquisition by the EBRD of a 10 per cent shareholding in the stock exchange, in the presence of Turkey’s Deputy Prime Minister Mehmet Şimşek.

TOM MTF Statistics Week 50, 2015

Date 11/12/2015

Click here to download the weekly statistics update of TOM MTF for week 50, 2015. 

EBA Consults On Cooperation And Exchange Of Information For Passporting Under PSD2

Date 11/12/2015

The European Banking Authority (EBA) launched today a consultation on its draft technical standards on the framework for cooperation and exchange of information between competent authorities for passporting under Article 28(5) of the revised Payment Services Directive (PSD2). The technical standards will ensure that information about those payment institutions that carry out business in one or more EU Member States is exchanged consistently between the national authorities of the home and host Member States. The consultation runs until 11 March 2016.

Intercontinental Exchange Completes Acquisition Of Trayport

Date 11/12/2015

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced it has completed its acquisition of Trayport from BGC Partners and GFI for approximately $650 million, comprising approximately 2.5 million ICE common shares. The transaction was announced on November 16, 2015, and will help ICE provide new services to the European over-the-counter (OTC) energy markets.

Xior Lists On Euronext Brussels - Student Housing Specialist Raises € 88 Million, Reaching An Initial Market Capitalisation Of € 116 Million

Date 11/12/2015

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for smaller and mid-sized enterprises, today welcomed Xior Student Housing (ticker code: XIOR) on Euronext Brussels. With an issue price set at € 25, the Belgian real estate company raised € 88 million in new capital, reaching a total market capitalisation of € 116 million. The offer was 2.1x oversubscribed, with a strong demand from both Belgian retail investors and institutional investors in Belgium, Continental Europe and the United Kingdom.

Hong Kong's Securities And Futures Commission Obtains Interim Court Orders Against Maxim Trader

Date 11/12/2015

The Court of First Instance has granted interim orders today against Maxim Trader, following legal proceedings brought by the Securities and Futures Commission (SFC) against Maxim Capital Limited (Maxim Capital) and Maxim Trader under section 213 of the Securities and Futures Ordinance. 

Clearstream: Statement On Agreement Reached On New T2S Migration Plan

Date 11/12/2015

"Clearstream has been fully committed to achieving a harmonised European settlement platform since the beginning. TARGET2-Securities is a revolutionary and challenging project, and while we have been well on track for our scheduled migration to the platform, we fully support the proposal of the CSG and T2S Board to amend the migration schedule. As announced today, Clearstream will join T2S in February 2017. As a result, Clearstream will adjust its operational and market readiness activities to adapt to the changes in the migration schedule and remains dedicated to fully leveraging the benefits of T2S to the advantage of our customers." 

STOXX Newsletter December 2015

Date 11/12/2015

In the latest STOXX Media Newsletter:

• Performance: Top five STOXX Indices – A difficult month for stock markets around the world
• STOXX Europe 600 Index: UK top contributor, followed by Germany
• Investment Outlook: Key developments to consider, by Aureliano Gentilini, Head of Research, STOXX Ltd.
• Fact of the Month: Over 500,000 Structured Products based on STOXX and DAX indices
• Index of the Month: EURO STOXX True Exposure™ 100%