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TLC Certified Systems To Be Highlighted On Diliger - Helping Institutional Officers Protect Themselves From Technology Malfunction And Negligence
Date 05/03/2014
TLC the independent transaction lifecycle certification company, testing electronic messages for the Global Financial Services sector, today announced that it has agreed with diliger, the premier FINTECH search and selection directory that the TLC Certification will be added as a filter criteria, enabling buyers to search for certified systems. TLC is developing a range of certification tests to cover all electronic messages utilised within various systems throughout different financial services organisations, providing a unique end to end test. This agreement with diliger will provide increased visibility of certified systems, enabling diliger’s customers to select an independently tested and certified system suitable for their requirements. TLC will publish the test reports, which will be made available to diliger customers. Combining the services of TLC and diliger will assist financial services firms to reduce the risk and cost of bad procurement and act as an aid to regulatory compliance.
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BT Launches New Voice Solution Tailored To The Financial Services Market - BT Radianz Cloud Expands To Offer Cost Savings On Voice Solutions For Leading Banks, Brokers, Exchanges And Clearing Firms
Date 05/03/2014
BT today announced it is launching BT One Voice Radianz, a new service that unifies voice, mobile and data services and delivers them to members of the BT Radianz Cloud, the world’s largest secure networked community for the financial services industry.
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PEGAS: February Volumes Increase By 92 Percent Year-On-Year
Date 05/03/2014
PEGAS, the natural gas platform established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 32.9 TWh was traded in February 2014. Therefore, the volume increased by 92 percent compared to the 17.1 TWh traded on the natural gas markets of EEX and Powernext in February 2013.
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IntercontinentalExchange Sets May 8 For First Quarter 2014 Earnings Announcement
Date 05/03/2014
IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, will announce first quarter 2014 financial results on Thursday, May 8, 2014. An earnings press release will be issued prior to the earnings conference call, which will begin at 8:30 a.m. ET.
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£1700 Per Hour Raised Through Crowdfunding In The UK
Date 05/03/2014
New statistics have revealed more than £1,700 per hour is being raised via crowdfunding in the UK.
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ICE Reports February Daily Volumes
Date 05/03/2014
IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported exchange traded volumes for February 2014.
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Expert Comment From Warwick Business School Dean Professor Mark Taylor On Bank Of England Suspending A Staff Member In Investigation Over Foreign Exchange Rigging
Date 05/03/2014
The Bank of England have suspended a member of staff after investigating potential rigging of the foreign exchange market.
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Bank Of England: Foreign Exchange Market Review
Date 05/03/2014
It is a matter of public record that the Bank of England has been conducting an internal review into allegations that Bank of England officials condoned or were informed of manipulation in the foreign exchange market or the sharing of confidential client information. This extensive review of documents, emails and other records has to date found no evidence that Bank of England staff colluded in any way in manipulating the foreign exchange market or in sharing confidential client information. However, the Bank requires its staff to follow rigorous internal control processes and has today suspended a member of staff, pending investigation by the Bank into compliance with those processes.
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Statement On The Decision Of The European Commission Closing The Case Involving EPEX SPOT
Date 05/03/2014
The European Commission closed on 5 March 2014 the antitrust procedure involving EPEX SPOT SE. EPEX SPOT has been subject to an on-site inspection by the Commission in February 2012. This inspection was triggered by alleged anticompetitive outcomes of the cooperation with Nord Pool Spot in the context of the integration of the European energy market by 2014. The Commission has rendered a settlement decision resulting in a fine imposed on EPEX SPOT.
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Antitrust: European Commission Fines Two Power Exchanges € 5.9 Million In Cartel Settlement
Date 05/03/2014
The European Commission has imposed fines totalling € 5 979 000 on the two leading European spot power exchanges, EPEX Spot ("EPEX") and Nord Pool Spot (NPS) for having agreed not to compete with one another for their spot electricity trading services in the European Economic Area (EEA). Such behaviour breaches EU antitrust rules that prohibit cartels and restrictive practices. Power exchanges are organised markets for trading electricity. Spot trading means trading in the short run, such as within the same day or for the next day. NPS and EPEX received a fine reduction of 10% each for agreeing to settle the case with the Commission.
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