News Centre

Development Banks Vow To Mobilise Collective Resources To Confront Climate Change

Date 30/11/2015

The heads of the world’s largest development banks pledged today to work together to substantially increase climate investments and ensure that development programmes going forward consider climate risks and opportunities.

ACER Market Monitoring Report 2015 - Fall In Wholesale Energy Prices Still Not Reflected At Retail Level

Date 30/11/2015

Wholesale energy prices continued to decrease in 2014. This fall had a positive impact on the prices paid by industrial consumers, but often not on the energy bills of residential customers.

Better Finance: Bank Savings Accounts In The EU Hit By Financial Repression

Date 30/11/2015

Savings accounts still constitute the most widely-used (35% of all financial savings of EU household financial products in Europe and together represent roughly € 10 trillion of household savings. Unfortunately EU citizens are now losing money in 11 out of 18 Member States studied in a new report, with negative real returns on their bank savings accounts.

US Patent Office Grants “Call Recording In A Telecommunications Network” Patent To Truphone

Date 30/11/2015

Global mobile network, Truphone, today received its Grant certificate for US Patent 9131055, for its “anti-tromboning” technology, part of its call recording solution, Truphone Mobile Recording. The patented technology prevents a call from being sent around the world for recording even if the file has to be held in a particular jurisdiction.

Borsa Italiana Welcomes 100th Open-End Fund

Date 30/11/2015

• Borsa Italiana welcomes four new issuers: 8a+, European and Global Investments Ltd, Method Investments Sicav, Selectra Investments Sicav, with a total of 18 new products
• Now 16 issuers of open-end funds on Borsa Italiana

ESMA Publishes Final Report On Guidelines On Complex Debt Instruments And Structured Deposits In MiFID II

Date 30/11/2015

The European Securities and Markets Authority has published today the Final Report on guidelines on complex debt instruments and structured deposits. 

Bank Of England And HM Treasury Announce Extension To The Funding For Lending Scheme

Date 30/11/2015

The Bank of England and HM Treasury are today announcing a two-year extension to the Funding for Lending Scheme (FLS).  This extension will provide participants with additional flexibility to draw unused drawing allowances earned for positive net lending, with funding remaining available to support further improvements in credit conditions for small and medium-sized enterprises (SMEs).  The extension will also ensure that the scheme is gradually phased out, with borrowing allowances reducing over time, thereby minimising risks to the economic recovery from the withdrawal of funding support.

Abacus Group Expands East Coast Presence With Opening Of Boston Office -Northeastern Expansion Caps Significant U.S. Market Growth In 2015

Date 30/11/2015

Abacus Group LLC, a leading provider of hosted IT solutions for hedge funds and private equity funds, today announced that it has increased its U.S. presence and capabilities by opening a new office in Boston, which will provide support for its growing client base and the industry’s ever increasing demand for the AbacusFlex™ private cloud solution.  Abacus’s entry into the market was spurred by being selected by Boston based clients to provide a scalable, flexible and robust technology solution that also adheres to the latest regulatory compliance and security requirements.

Intercontinental Exchange Announces Launch Of 81 New Energy Contracts

Date 30/11/2015

Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced the introduction of 81 new energy futures and options contracts on December 14, 2015, subject to the satisfactory completion of applicable regulatory processes.

IISL Index Dashboard For The Month Ended November 2015

Date 30/11/2015

Summary:

• Nifty 50 closed at 7935.25 as on November 30, 2015, a decrease of 130.55 points (-1.62 %) as against 8065.80 as on October 30, 2015. The free float market capitalization of Nifty 50 index was USD 423.77 Bn. as on November 30, 2015 as against USD 440.91 Bn. as on October 30, 2015. The free float market capitalization of Nifty Next 50 index was USD 83.19 Bn. as on November 30, 2015 as against USD 85.75 Bn. as on October 30, 2015. 
• Many of the equity indices across categories declined during the month. Nifty PSU Bank index gained the most (6.79%) amongst all the indices during the month whereas the Nifty Pharma index (-12.74 %) was the biggest loser during the one month period ending November 30, 2015. 
• During the 3 month period ending November 30, 2015, the biggest gainer is Nifty High Beta 50 (10.79%). During the same period, other indices which gained by more than 5% are Nifty Midcap 50 (8.59%), Nifty Energy (7.81%), Nifty Realty (7.41%), Nifty Smallcap 100 (7.34%) and Nifty Auto (6.71%). 
• The biggest gainers during the 1 year period ending November 30, 2015 in their respective index categories are Nifty Midcap 100 (6.94%) in broad market index category, Nifty MNC (5.19%) in thematic index category, Nifty Alpha 50 (16.12%) in strategy index category and Nifty Media (4.62%) in sectoral index category. 
• Effective November 9, 2015, all IISL indices have been rebranded to include Nifty in its name. NSEs flagship CNX Nifty index is now Nifty 50 index. For details of old and new index names, please visit the website http://www.nseindia.com/content/indices/index_rebranding.pdf.