News Centre

ISDA derivatiViews - Time Is Money: Improving The Close-Out Process

Date 29/02/2024

What do the bankruptcy of Lehman Brothers, the COVID-19 lockdown and Russia’s invasion of Ukraine have in common? All three episodes highlight the fact that the process of closing out derivatives trades is antiquated, costly and prone to mishaps and delays. We think there’s a 21st century solution, which is why we’re working on an industry notices hub to digitize the delivery and receipt of these critical termination notices.

Trading Technologies Closes On ATEO Acquisition

Date 29/02/2024

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed.

MNI Indicators - Chicago Business Barometer™: February 2024 Chicago Report™ Softened to 44.0

Date 29/02/2024

• The Chicago Business BarometerTM, produced with MNI softened -2.0 points to 44.0 in February. This is the third consecutive monthly decline, pushing the index deeper into contractionary territory, and marking the lowest print since July 2023. We also note that this print is -1.4 points below the 2023 average. 

Tel Aviv Stock Exchange Launches a New FI Index with Yelin Lapidot

Date 29/02/2024

TASE Launches a New FI Index with Yelin Lapidot Investment House - Tel Bond-CPI Linked Banks Expanded - For the First Time Incorporating CPI-Linked Bank Bonds and COCO Bonds.

Vadodara Municipal Corporation Initiates India And Asia's First Certified Green Muni Bond For Sustainable Water Infrastructure - Innovative Green Finance For Liquid Wastewater Management In Vadodara, Gujarat, India

Date 29/02/2024

Vadodara Municipal Corporation (VMC) sets a regional precedent with the launch of its Rs. 100 crores (USD 12 million eqv.) Certified Green Muni Bond, a first for India and Asia region as a whole. Aimed at fostering sustainable urban development aligned with the Paris Agreement, the bond is dedicated to enhancing liquid wastewater management infrastructure across Vadodara.

Duco Launches Transaction Reporting Eligibility Validator

Date 29/02/2024

Duco, a leading SaaS provider of AI-powered data automation, today announced the launch of its transaction reporting (TR) eligibility validator. The TR eligibility validator will initially be available for EMIR, with more regimes to be added later on. It provides an independent validation of internal eligibility rules, with a field-by-field comparison of individual financial services firms' rules versus existing ESMA eligibility requirements. The tool highlights under/overreporting using Duco's robust reconciliation and exception management capabilities and Quorsus' extensive regulatory industry knowledge.

TMX Group Welcomes International Mining Community To PDAC 2024 - Toronto Stock Exchange (TSX) And TSX Venture Exchange (TSXV) Are Patron Sponsors

Date 29/02/2024

TMX Group, the global exchange leader in mining, is a patron sponsor of the 2024 Prospectors and Developers Association of Canada's (PDAC) International Convention, being held on March 3-6, 2024, in Toronto.

ICE Benchmark Administration Provides Update Regarding The Cessation Of Sterling LIBOR ®

Date 29/02/2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA), the authorized and regulated administrator of LIBOR®, has provided an update regarding the cessation of sterling LIBOR.

eSecLending Transitions Clients Successfully To T+1 Settlements With Pirum’s Automated Recalls Manager - As The US Securities Lending Industry Transitions To T+1 Settlements, eSecLending Has Adopted Pirum’s Recalls Manager Solution, To Ensure Uninterrupted Best Execution For Its Beneficial Owner Clients

Date 29/02/2024

eSecLending, a leading global securities lending agent, announces the adoption of the T+1-ready Recalls Manager solution from Pirum Systems, the globally preferred vendor for automated post-trade services.

Exegy Enhances Iceberg Order Detection Tool With Intraday Data

Date 29/02/2024

Exegy, a leading provider of market data and trading technology for the capital markets, today announces the addition of intraday signals to its AI-powered iceberg order detection offering, Liquidity Lamp. Quantitative traders can now have visibility on the volume of iceberg orders throughout the day using summary files delivered every ten minutes.