News Centre

EEX: Letter By The Energy Industry To Commissioner Lord Hill, DG FISMA - "Ensuring Effective And Efficient Regulation Of European Commodity Derivative Markets”

Date 16/09/2015

In relation to MiFID II, there is a need to ensure the ancillary exemption framework incorporates an appropriate assessment in relation to the overall group business, consistent with the intent of the legislators. The present proposals from ESMA do not achieve this and also have a number of other serious deficiencies (including the approach to defining legitimate hedging activity and the starting year for assessment against the thresholds). Together, these problems will result in a large number of firms being brought into the scope of MiFID even though their activity in commodity derivative markets is, by any reasonable assessment, ancillary to their wider group business.

Xignite And 21 Innovators Join Forces To Launch The #FintechRevolution Api Ecosystem - Initiative Fuels Fintech Innovation By Allowing Easy Access To Massive Set Of APIs

Date 16/09/2015

Xignite, the leading provider of market data cloud APIs application programing interface), announced today the launch of the #FintechRevolution API Ecosystem, an industry-wide initiative that connects fintech developers with best-of-breed financial APIs. The goal of the initiative is to inspire a new generation of financial applications by assembling the best APIs in each market category.

US Attorney General Loretta E. Lynch Addresses The European Cybercrime Center At Europol, The Hague, Netherlands

Date 16/09/2015

Thank you, Director [Rob] Wainwright, for that kind introduction – and for your outstanding leadership of Europol.  I am deeply appreciative of all that you do to promote collaboration, to protect our nations’ citizens and to uphold the rule of law.

SIX Swiss Exchange Celebrates The Anniversary Of Its ETF Segment: 15 Years Growth

Date 16/09/2015

SIX Swiss Exchange was one of the first exchanges in Europe to open an ETF segment in 2000, which has since exhibited strong growth. In the first eight months of 2015, SIX Swiss Exchange reported trading turnover in excess of CHF 70 billion. The fact that more than 1,000 ETFs from 20 product providers can be traded today is testimony to the significant contribution made by the ETF segment to the diversification of the range of tradable securities on SIX Swiss Exchange. To mark the anniversary, SIX Swiss Exchange is publishing 15 theories on the future development of the ETF segment.

NICE Actimize to Support UAE Exchange With Financial Crime Solutions - Addressing Anti-Money Laundering And Integrated Fraud Management - Actimize AML Solutions, Coupled With The Actimize Integrated Fraud Management Platform, Provide Real-Time Alerts For Money Laundering And Fraud Scenarios

Date 16/09/2015

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of financial crime, risk and compliance solutions for the financial services industry, will support the Abu Dhabi headquartered UAE Exchange, with a portfolio of financial crime solutions, including Actimize Anti-Money Laundering and Actimize Integrated Fraud Management (IFM) solutions. The NICE Actimize AML and Fraud implementations are currently being rolled out across the financial institution’s operations around the world. UAE Exchange primarily deals with remittance, currency exchange and bill payment solutions.

Vectra Capital: Veteran Energy Traders Join NY-Based Proprietary Trading Firm

Date 16/09/2015

Vectra Capital LLC today announced that Lloyd Bloom and Tom Holland have joined the Company.  Mr. Bloom was formerly Managing Director, Mitsui & Co Risk Management, Ltd. from 2003 to 2013 during which time he and Mr. Holland grew one of the largest and best respected natural gas and power trading businesses in North America.  Michael Cosgrove, Vectra Managing Partner said "We are delighted that Lloyd and Tom have joined us and look forward to working with them to expand our trading."

STOXX Introduces iSTOXX Europe Centenary Indices

Date 16/09/2015

STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced the launch of the iSTOXX Europe Centenary and iSTOXX Europe Centenary Select 30 indices. This unique index concept selects companies from the well-known STOXX Europe 600 Index which have been founded more than 100 years ago. The iSTOXX Europe Centenary Select 30 Index methodology also ads screens for dividend yields and liquidity.

European Commission Proposes New Investment Court System For TTIP And Other EU Trade And Investment Negotiations

Date 16/09/2015

The European Commission has approved its proposal for a new and transparent system for resolving disputes between investors and states – the Investment Court System.

Interview With Thomson Reuters - Interview With Vítor Constâncio, Vice-President Of The ECB, Conducted By Paul Ingrassia, Balazs Koranyi And John O'Donnell On 14 September

Date 16/09/2015

Is quantitative easing working?

It is working and effective in many ways. The ultimate metric to assess success is the inflation rate normalization around our medium term target. That is achieved through the improvement of financial conditions in general, by the effect of our policies on expectations, the cost of capital, and rebalancing of portfolios. All of those channels have been working. Since last year, the lending rates of banks have gone down by more than 70 basis points and in several more vulnerable or periphery countries, like in Italy and Spain, more than 100 basis points, whereas our main policy rate has gone down only by 20 basis points. For the first time since 2009, in our survey with SMEs, the number of firms reporting that access to credit has improved was higher than firms saying the opposite. After years of negative growth rates, credit to the private sector is now growing at an annualized rate of 2 percent. So, all of these are good indications that our policy is improving financial conditions.

Oslo Børs: Nordea Expanding With New Exchange-Traded Products

Date 16/09/2015

The range of exchange-traded products listed on Oslo Børs is expanding. Nordea is now listing 14 new bull and bear products to provide investors with exposure to the OBX Index and other foreign indices.