News Centre

SEC: Houston-Based Investment Advisory Firm And Co-Owners Charged With Failing To Disclose Conflict Of Interest To Clients

Date 02/09/2014

The Securities and Exchange Commission today announced fraud charges against a Houston-based investment advisory firm accused of recommending that clients invest in particular mutual funds without disclosing a key conflict of interest: the firm was in turn receiving compensation from the broker offering the funds.

iTB Launches New Trading Interface For Posting Bids And Offers - New Features Of Bond Trading Platform Will Maximize Distribution And Increase Fill Rates For Corporate Bond Traders

Date 02/09/2014

iTB Holdings, Inc., a leading software provider for institutional fixed income traders, today announced the launch of an upgraded interface for iTBconnect, a platform that connects market participants to the electronic fixed income trading venues of their choice. The new interface will empower iTBconnect users to display their bids/offers and inventory to electronic fixed income trading venues to improve fill rates, optimize execution prices and maximize distribution, with virtually no fixed costs.

Palestine Securities Exchange: First Palestinian Commercial Bond Starts Trading

Date 02/09/2014

September 1, 2014, marked a historical milestone for PEX. The First traded Palestinian bond was listed in the debt instrument sector under the symbol PCB01.

Investor Activity On Warsaw Stock Exchange Markets: August 2014

Date 02/09/2014

• The total value of trading in equities on the Main Market was PLN 20.5 billion in August 2014, an increase of 0.1% year on year.
• The value of the Electronic Order Book on NewConnect increased by 23.1% year on year and stood at PLN 677.6 million in January-August 2014.
• The value of non-Treasury bond issues listed on Catalyst was PLN 67.6 billion at the end of August 2014, an increase of 15.1% year on year.
• The total value of trading on TBSP increased by 35.8% year on year to PLN 65.3 billion in August 2014.
• The value of trading in structured products increased by 157.6% year on year and stood at PLN 63.8 million in August 2014.
• The incremental volume of trading in electricity was 114.1 TWh in January-August 2014, an increase of 9.3% year on year.
• The volume of trading in property rights increased by 23.7% year on year to 2.03 TWh in August 2014.
• The total volume of trading in gas was record-high at 29.5 TWh in August 2014, more than double the incremental volume of trading since the launch of the gas market in December 2012 until July 2014 inclusive.

EEX Launches New Transparency Website

Date 02/09/2014

Today, the European Energy Exchange (EEX) launched its new transparency site. At www.eex-transparency.com, visitors can gain access to comprehensive fundamental data and relevant information for wholesale energy trading.

Boerse Stuttgart Generates Turnover Of Around EUR 6.4 Billion In August - Increases In Leverage Products, Investment Funds And Exchange-Traded Products

Date 02/09/2014

According to its order book statistics, Boerse Stuttgart recorded turnover of around EUR 6.4 billion in August. The trading volume was slightly lower than in July.

On The Optimal Size Of The Financial Sector - Speech By Benoît Cœuré, Member Of The Executive Board Of The ECB, At The ECB Conference “The Optimal Size Of The Financial Sector”, Frankfurt, 2 September 2014

Date 02/09/2014

Ladies and gentlemen,

Thank you very much for giving me the opportunity to speak here today.

The recent global financial crisis has made us rethink the contribution of the financial sector to the real economy. Today, I will talk about how our understanding of the finance and growth nexus has changed over the past years, and how policy-makers in Europe ‒ in particular, here at the European Central Bank (ECB) ‒ have used this knowledge.

FIA Europe Appoints New Director Of Regulation

Date 02/09/2014

FIA Europe is pleased to announce the appointment of Corinna Schempp as Director of Regulation. Corinna joins from LCH.Clearnet Limited where she was a Senior Regulatory Advisor in the Compliance team. Most recently, her responsibilities covered regulatory compliance in relation to LCH.Clearnet’s SwapClear business, including liaison with the Bank of England, CFTC, Ontario Securities Commission, AMF Quebec, BaFIN and other international regulators. During her time at the clearing house, she also worked closely with the legal team to provide support on European and US regulatory issues, including the implementation of Dodd-Frank and associated CFTC regulations across LCH.Clearnet impacted business units.

European Headquartered Bank White Labels Cashfac’s Corporate Cash Management & Client Money Solutions - Bank Will Offer Cashfac 'Powered' Services Including Receipts And Payments Management And Client Money Segregation

Date 02/09/2014

Cashfac Technologies, a global leader in Cash Management solutions, today announced that it has signed a new leading European headquartered banking partner. The new partner bank will white label Cashfac’s technology to provide end-to-end cash management solutions across its corporate client base, that includes insolvency practitioners, property managers, fund managers and investment companies.

HKFE Announces Revised Margins For CITIC Limited Futures

Date 02/09/2014

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, 4 September 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.