News Centre

Bank Of America’s Risk Group COO Moves To Holley Holland To head Up US Business

Date 23/07/2015

Holley Holland, the business transformation experts, today announced that Marty Rose has joined the firm to head up its US activities. She will be based in Charlotte, North Carolina.

OpenMAMA Sees Strong Adoption Across Financial Services Sector - Significantly Increases Vendor Coverage And Re-Launches With A New Advisory Group

Date 23/07/2015

OpenMAMA, the project developed to allow financial services firms to move more freely between market data technology and content vendors, today announces its re-launch boasting a new advisory group, increased vendor coverage and, for the first time, the ability to bridge data to and from Thomson Reuters Enterprise Platform (TREP) using a completely open source stack.

Clearstream And Indian Clearing Corporation Limited Collaborate On Triparty Margin Collateral Management - Indian Clearing Corporation Limited To Be Linked To Clearstream’s Global Liquidity Hub - Clearing Members/Custodians Can Use The Global Liquidity Hub To Manage Margin Requirements At Indian Clearing Corporation Limited - Collaboration Extends The Reach Of The Global Liquidity Hub In Asia

Date 23/07/2015

The India-based central counterparty Indian Clearing Corporation Limited (ICCL) and the Luxembourg-based international central securities depository Clearstream have agreed to collaborate on collateral management. They have recently signed an agreement on linking ICCL to Clearstream’s integrated collateral management engine, the Global Liquidity Hub.  

Euroclear UK & Ireland Extends Settlement Hours To Support Greater Efficiency

Date 23/07/2015

Euroclear UK & Ireland, the UK securities depository which operates the CREST settlement system, is extending its settlement day for direct participant banks with effect from summer of 2016. 

BioMarin Pharmaceutical Inc. To Join The NASDAQ-100 Index Beginning July 27, 2015

Date 23/07/2015

Nasdaq (Nasdaq:NDAQ) today announced that BioMarin Pharmaceutical Inc. (Nasdaq:BMRN), will become a component of the NASDAQ-100 Index® (Nasdaq:NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) and the NASDAQ-100 Ex-Technology Index (Nasdaq:NDXX) prior to market open on Monday, July 27, 2015.  BioMarin Pharmaceutical Inc. will replace DIRECTV (Nasdaq:DTV).

Xetra/Börse Frankfurt: IPO: ADO Properties S.A. In Prime Standard

Date 23/07/2015

ADO Properties S.A. (ISIN: LU1250154413) has been listed in the Prime Standard of the Frankfurt Stock Exchange since 23 July. A total of 22.8 million shares were placed in the IPO. The total issue volume, including greenshoe, was approximately €456 million. The initial listing price was €20,10; the issue price €20,00.

Misys Wins “Best Buy-Side Pricing And Market Display” In The Systems In The City Awards 2015 - Misys FusionInvest recognised As A Market-Leading Buy-Side Pricing Solution For Its Comprehensive And Consistent Platform

Date 23/07/2015

Misys, the global application software and services company, has been awarded “Best buy-side pricing and market display” for its FusionInvest solution at the Systems in the City Awards. Misys FusionInvest was recognised for its ability to enable investment firms to price a wide range of asset classes accurately across listed, OTC derivatives and structured products.

China Financial Futures Exchange Signs MoU With Moscow Exchange

Date 23/07/2015

China Financial Futures Exchange (CFFEX) and Moscow Exchange (MOEX) today announce the signing of a Memorandum of Understanding (MoU). The MoU aims to strengthen bilateral partnership and facilitate the development of both parties through information sharing, reciprocal visits by senior executives, staff exchange and closer business cooperation in various areas. The MoU was signed by Zheng Hu, CEO of CFFEX and Alexander Afanasiev, CEO of MOEX. Shenfeng Zhang, Chairman of CFFEX and Sergey Shvetsov, First Deputy Governor of the Central Bank of Russia, also attended the signing ceremony.

UK Financial Conduct Authority To Consult On New Measures For Cash Savings Account Holders

Date 23/07/2015

Switching cash savings accounts will become quicker and easier under proposals announced by the FCA today. The FCA will introduce a series of new rules that will force firms to provide clear information on the interest rates on their cash savings products as well as clearly alerting consumers to changes in interest rates or the end of an introductory rate for example.

KRX Publishes KOSDAQ 150 Index, A New Benchmark Index Of KOSDAQ Market

Date 23/07/2015