News Centre

TheCityUK Responds To The Prime Minister’s EU Reform Proposals

Date 10/11/2015

Chris Cummings, Chief Executive, TheCityUK, said, “Reform of the European Union is critical and we support the Prime Minister’s efforts to negotiate change. Today’s speech, and the letter to Commissioner Tusk, is a concrete step forward in delivering changes which will ensure the EU of the future is fit for purpose.

IOSCO Publishes Final Report On Standards For The Custody Of CIS Assets

Date 10/11/2015

The Board of the International Organization of Securities Commissions (IOSCO) today published its final report on Standards for the Custody of Collective Investment Schemes’ Assets (CIS Assets).

ETFs/ETPs Listed In Canada Have Gathered A Record 10.1 Billion US Dollars In Net New Assets This Year As Of The End Of October 2015, According To ETFGI

Date 10/11/2015

ETFs/ETPs listed in Canada have gathered a record US$10.1 billion in net new assets as of the end of October 2015 which is slightly ahead of the prior record set over the same period in 2012. This marks the 11th consecutive month of positive net inflows. The Canadian ETF industry had 373 ETFs/ETPs, with 522 listings, assets of US$66.5 Bn, from 12 providers on 1 exchange at the end of October 2015, according to ETFGI’s Global ETF and ETP insights report for October 2015.

MTS BondsPro To Offer Us Corporate Bonds To Swiss Market

Date 10/11/2015

• FINMA authorises MTS Markets International as foreign exchange
• Swiss participants now have direct access to US corporate bonds on MTS BondsPro
• Enhances cross-border liquidity between US and European markets

BMO Global Asset Management Lists First European ETFs On London Stock Exchange

Date 10/11/2015

• 9 new ETFs list on London Stock Exchange
• First ETFs from BMO Global Asset Management to be issued in Europe
• BMO Global Asset Management is 2nd largest ETF issuer in Canada with around $18 billion AuM
• London Stock Exchange is Europe’s premier listing venue for Exchange Traded Products

Surfing The Wave: Technology, Innovation, And Competition – Remarks At Harvard Law School’s Fidelity Guest Lecture Series, SEC Commissioner Kara M. Stein, Nov. 9, 2015

Date 10/11/2015

Thank you, Professor [Hal] Scott, for that kind introduction. 

Before I begin, I need to issue the standard disclaimer that you may have heard other SEC Commissioners repeat: the views that I express tonight are my own, and do not necessarily reflect those of the Commission, my fellow Commissioners, or the staff of the Commission. 

Tenable Network Security Raises $250 Million In One Of The Largest Funding Rounds For A Private Security Company - Series B Funding Led By Insight Venture Partners And Accel Will Help Accelerate Development Of The Company’s Next-Generation Cyber Security Software

Date 10/11/2015

Tenable Network Security®, Inc., one of the leading global providers of next-generation cyber security software, today announced a $250 million Series B funding round led by Insight Venture Partners and Accel. The investment, which is subject to customary closing adjustments, marks one of the largest fundraising rounds completed for a private security company and is expected to accelerate Tenable’s long-term global growth. Today’s funding marks $300 million in capital raised to-date, following Accel’s $50 million Series A investment in September 2012.

UK Financial Conduct Authority's Project Innovate Celebrates First Anniversary With Plans For ‘Regulatory Sandbox’

Date 10/11/2015

The Financial Conduct Authority (FCA) has published plans for implementing a ‘regulatory sandbox’. The sandbox will allow businesses to test out new, innovative financial products, services or business models without incurring all the normal regulatory consequences of engaging in those activities.

DFM Enrols “Al Fajer Securities” To “Margin Trading” Members

Date 10/11/2015

Dubai Financial Market (DFM) today announced that “Al Fajer Securities” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 31 companies.

Fidessa's Sentinel Named Best Compliance Product At Buy-Side Technology Awards - Wins Prestigious Award For Sixth Time

Date 10/11/2015

Fidessa group plc (LSE: FDSA) today announced that its Sentinel buy-side compliance solution has scooped the top spot for best compliance product for the sixth time at the annual Buy-Side Technology Awards.