News Centre

The Egyptian Exchange Stands A Minute Mourning The Death Of King Abdallah

Date 26/01/2015

The Egyptian Exchange (EGX) decided to delay the trading session for one minute to start on Monday, January 26th, 2015 at exactly 10.01 am and so to mourn the death of the Custodian of the Two Holy Mosques King Abd-Allah bin Abd El Aziz Al Saud. EGX chairman, vice chairman and the market participants will stand a minute of silence before the start of the trading session.

Clearstream Paves The Way Towards Seamless Local JGB Mobilisation To Cover Global Exposures

Date 26/01/2015

• JGBs under local custody at Sumitomo Mitsui Banking Corporation will be available on Clearstream’s Global Liquidity Hub
• Mutual customers will be able to consolidate their JGBs to cover global exposures from a single collateral pool 
• JGBs held with SMBC will be automatically allocated to cover triparty exposures in Clearstream in real-time and only up to the required amount

LBMA And TriOptima Eliminate Gold Interest Rate Swap Trades Prior To “GOFO” Rate Being Discontinued

Date 26/01/2015

The London Bullion Market Association (LBMA) and TriOptima, leading provider of OTC derivatives post trade risk services, announce today that twelve market participants eliminated 99% of their outstanding gold interest rate swap (IRS) trades with each other prior to the discontinuation of the Gold Forward Offer Rate (GOFO) fixing on January 30, 2015.

Farm Credit Bank Of Texas To Grow Lending Business With An All-In-One System From Misy - Improved Loan Decision Process For Corporates Through Streamlining Lending Lifecycle

Date 26/01/2015

Farm Credit Bank of Texas (FCBT), a co-operatively owned wholesale funding bank, has licensed Misys’ loan origination and credit workflow management solution integrating it with its existing core loan servicing solution, Misys FusionBanking Loan IQ. This will enable the bank to streamline the process from origination all the way through to loan closure.

2014 Dividends Weaker Than Feared But UK Investors Feel Benefit Of Stronger Dollar

Date 26/01/2015

• UK dividends reach £97.4bn at headline level in 2014, up 21.0%
• Special dividends distort true picture as underlying dividends rise just 1.4%, weakest growth since 2010
• Sterling’s early 2014 strength knocked £3.5bn off full year total
• Q4 shows improvement, with 4.0% underlying growth fastest since Q3 2013 as currency effects start to reverse on strengthening US dollar
• Tesco cancellation of dividend to cost investors £900m, but 2015 outlook is brighter
• Capita revises forecasts headline payouts up to £86.1bn in 2015
• Underlying total to climb by 5.7% to £83.6bn

Calypso Technology Appoints Pascal Xatart As President

Date 26/01/2015

Calypso Technology, Inc., a leader in Capital Markets software solutions, announced that it has appointed Pascal Xatart as President. In this role, he will be responsible for all day-to-day operations, leading the firm on its mission to be the industry standard for capital markets software. He will head the company’s executive leadership committee and report to company founders and co-CEO’s Charles Marston & Kishore Bopardikar.

Thai Bourse Attracts Over 220 Institutional Investors On Thai Corporate Day 2015

Date 26/01/2015

The Stock Exchange of Thailand (SET) and Maybank Kim Eng Securities (Thailand) pcl today successfully organized the SET-Thai Corporate Day 2015 roadshow, under “Thailand, ASEAN's Gateway to GMS” theme. This is the first inbound roadshow in 2015 for Thai listed companies to present their strength to global investors. The roadshow has gained interest from more than 220 institutional investors, consisting of 68 foreign investors. More than 925 meetings have been arranged with more than 50 Thai listed companies participated in this roadshow. Deputy Finance Minister Wisudhi Srisuphan has also participated in the roadshow to highlight SET’s role as Greater Mekong Subregion (GMS) Connector, in line with SET’s 2015 commitment to be an investment hub of GMS’s capital market.

Misys Launches FusionBanking Lending To Enable Banks To Connect And Grow Their Lending Businesses - Comprehensive Front-To-Back Office Solution Streamlines The Entire Loan Lifecycle Across All Lending Asset Classes

Date 26/01/2015

Misys, the leading financial software company, has launched FusionBanking Lending, an all-in-one lending solution that provides banks the ability to manage the full loan lifecycle on a single platform. This solution supports the entire lending workflow from origination, credit analysis and document generation in the front office, to servicing, accounting and portfolio risk management in the back office, covering syndicated and high volume commercial lending.

ICAP e-Commerce Launches Scrapbook, An Innovative e-Solution For The Corporate Bond Market

Date 26/01/2015

ICAP, a leading markets operator and provider of post trade risk mitigation and information services, announces today that it is launching Scrapbook, an anonymous, session-based e-solution for the corporate bond market. The service will be operated by ICAP’s BrokerTec MTF (Multilateral Trading Facility) under the regulated entity of BrokerTec Europe Limited leveraging the ICAP e-Commerce team.

Singapore Fixed Income Indices (SFI) Weekly - 26 January 2015

Date 26/01/2015

Key highlights for the week ending 23 January 2015

• The SFI fell 0.11% to 121.59.
• YTD, the SFI currently outperforms the STI by 0.34% (+1.72% vs. +1.38%).
• Decline in the SFI’s performance last week was attributed to losses in the government bond segment; the SFI Government Bond Index, fell 0.49% to 120.57.
• Conversely, corporate bonds (SFI Corporate Bond Index), saw a third consecutive week of gains (+0.51% to an all-time high of 125.44). YTD, the index has risen 0.94% - its strongest start to the year in its six-year history (historical average: 0.15%).
• Statutory board bonds (SFI Statutory Board Bond Index) advanced for a third consecutive week, gaining 0.70%. This is the index’s largest weekly gain since 20 September 2013 (1.26%).
• The SFI will be rebalanced next Monday, 2 February 2015.