News Centre

UK’s Financial Conduct Authority Fines Merrill Lynch International £13.2 Million For Transaction Reporting Failures

Date 22/04/2015

Merrill Lynch International (MLI) has been fined £13,285,900 by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.

Clearstream To Offer Settlement And Custody For Municipal Bonds In Romania

Date 22/04/2015

• Clearstream is the first ICSD to offer these services
• First accepted RON-denominated municipal bond will be issued by the city of Bucharest and have a value of up to EUR 500 million
• Raiffeisen Bank Romania is the Lead Manager and Bookrunner, while BT Securities is the Manager
• Bancpost is the local custodian

i-Swap And ICAP Information Services Launch ‘i-Swap History’ - New Product Contains 4 Years Of Historical Over-The-Counter Euro Swap Data

Date 22/04/2015

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the market data business of ICAP, has partnered with i-Swap, its electronic trading platform for over-the-counter (OTC) interest rate swaps (IRS) to launch ‘i-Swap History’, a full historical Euro swap tick data product.

London Stock Exchange Group Confirms Two New Key Positions

Date 22/04/2015

• Caroline O’Shaughnessy, previously at DTCC and Reuters, appointed Global Head of Sales & Marketing, Information Services 
• Brian Rosenberg, formerly of Sungard Financial and MSCI, named Managing Director, North America Sales, Information Services 
• Roles will spearhead sales, marketing and client services across LSEG’s global Information Services business

New Investment Platform Launches To Unlock The Potential Of - Frontier And Emerging Markets

Date 22/04/2015

• Emerging Crowd offers equity and debt investors the opportunity to invest directly in pre-screened businesses in frontier and emerging markets
• Emerging Crowd launches today with shares available in Neo, a Nigerian coffee shop chain dubbed “the African Starbucks”, and Bozza, the download and streaming platform bringing African multimedia content to a global audience
• Minimum investment on Emerging Crowd is £500

Bank Of England: Minutes Of The Monetary Policy Committee Meeting Held On 8 And 9 April 2015

Date 22/04/2015

The Governor invited the Committee to vote on the propositions that:

• Bank Rate should be maintained at 0.5%;
• The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

ESMA Is Seeking Information On New Developments In Virtual Currency Investment

Date 22/04/2015

The European Securities and Markets Authority (ESMA) has launched a call for evidence on investments using virtual currency or distributed ledger technology.

Traiana Wins Waters Sell Side Technology Award Best Reporting Platform Or Service

Date 22/04/2015

Traiana, the leading provider of pre trade risk and post trade processing solutions, announces today that its TR Connect service has won the Waters magazine Sell Side Technology award for ‘Best reporting platform or service’ at the awards ceremony held in New York last night.

Bucharest Stock Exchange CEO, Ludwik Sobolewski Discussed Sustainability In The Context Of AeRO Market During The United Nations Conference On Trade And Development High-Level Session In Geneva

Date 22/04/2015

On April 20th, Bucharest Stock Exchange CEO, Ludwik Sobolewski participated to the high-level session entitled ‘Mobilizing Investment for Development: Contribution of United Nations Conference on Trade and Development (UNCTAD) in the context of financing for development’. The session was a core part to 2015 Investment, Enterprise and Development Commission held from 20 to 24 April at the Palais des Nations, the United Nations office in Geneva, Switzerland.

HKFE Announces Revised Margins For Futures Contracts

Date 22/04/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Thursday, 23 April 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology