News Centre

SEC: Companies Cannot Stifle Whistleblowers In Confidentiality Agreements - Agency Announces First Whistleblower Protection Case Involving Restrictive Language

Date 01/04/2015

The Securities and Exchange Commission today announced its first enforcement action against a company for using improperly restrictive language in confidentiality agreements with the potential to stifle the whistleblowing process.

ESMA Launches Centralised Data Projects For Mifir And EMIR

Date 01/04/2015

The European Securities and Markets Authority (ESMA) has launched two major projects at the request of a number of National Competent Authorities (NCAs) who have delegated the following tasks to ESMA:

• to provide a central facility in relation to instrument and trading data and the calculation of the MiFIR transparency and liquidity thresholds – Instrument Reference Data Project, and

• to provide a single access point to trade repositories data under EMIR – the Trade Repositories Project.

TheCityUK: Economics Of Trade In Services - IEG Report March 2015

Date 01/04/2015

TMX Group Announces TMX Security Risk - New Initiative Will Create A Collaborative Market-Driven Approach To Risk Rating Securities

Date 01/04/2015

TMX Group today announced the introduction of TMX Security Risk Ratings, a new reference data product designed to support Canadian investment firms in conducting client suitability assessments, an Investment Industry Regulatory Organization of Canada (IIROC) requirement.

Nasdaq Nordic And Baltic Markets Trading Statistics March 2015

Date 01/04/2015

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for March 2015:

• The share trading increased by 8.3% to a daily average of 3.538bn EUR, compared to 3.268bn EUR in March 2014. Compared to the previous month, February 2015, the daily average increased by 5.9%.
• Derivatives trading increased by 2.4% to a daily average of 477,949 contracts, compared with 466,691 contracts in March 2014.
• ETF trading3 (Exchange Traded Funds) decreased by 9.3% to a daily average of 46.9m EUR compared to 51.7m EUR in March 2014.
• Nordea Bank AB was the most traded stock during the past month, followed by Novo Nordisk A/S.
• Deutsche Bank was the most active member during the past month, followed by Morgan Stanley.
• Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 69.2%, compared to 68.5% previous month4.

Moscow Exchange: The MICEX10 Index Revised

Date 01/04/2015

Amendments to the MICEX10 Index following its quarterly review include the following: Surgutneftegas ords will be added to the index, while MTS ords will be excluded. 

ICE Benchmark Administration Completes Transition To New ISDAFIX Calculation Methodology - Benchmark Renamed ICE Swap Rate

Date 01/04/2015

Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced that ICE Benchmark Administration (IBA) has completed the transition to a new calculation methodology for ISDAFIX, the global benchmark for interest rate swaps, which has been renamed ICE Swap Rate, effective April 1, 2015.

ACER Calls For Comments On The Network Code On Emergency And Restoration

Date 01/04/2015

By the end of March the Agency received from ENTSO-E the Network Code on Emergency and Restoration, including its supporting document. This Network Code aims at achieving, maintaining and restoring a satisfactory level of operational security of the interconnected transmission systems in real time, to support the efficient functioning of the European internal electricity market, and to allow the integration of renewable energy sources.

DME Reaches Significant New Milestone Of 8 Billion barrels Traded On The Exchange

Date 01/04/2015

DME announced yesterday that it has now reached the 8 billion barrel mark, with a total of 8 million contracts (eqv. 8 billion barrels) traded on the exchange.

Hong Kong's Securities and Futures Commission Reprimands And Fines Merrill Lynch Far East Limited $2 Million For Regulatory Breaches

Date 01/04/2015

The Securities and Futures Commission (SFC) has reprimanded and fined Merrill Lynch Far East Limited (Merrill Lynch Far East) $2 million for regulatory breaches and internal control failings relating to position limit failures.