News Centre

Liffe Sets Daily Volume Record In MSCI World Euro Index Futures

Date 12/06/2014

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that Liffe reached a daily volume record of 205,570 contracts in MSCI World Net Total Return (NTR) Euro Index futures on June 11, 2014. The previous record of 197,264 contracts was set on March 14, 2014.

European Commodity Clearing Receives EMIR Authorisation

Date 12/06/2014

On 11 June, the German regulator BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) has admitted European Commodity Clearing (ECC) as a Central Counterparty according to EMIR (European Market Infrastructure Regulation) for the settlement of transactions in commodities, including emission rights. The authorisation follows the positive statement from the college of supervisors on 15 May, which consists of the relevant European authorities for the markets ECC is active in. None of the members of the college voted against granting the license to ECC.

Message From Europe's Exchange Traded Fund Providers, Users And Industry Participants To ESMA: Developing Europe’s Market Structure For Exchange Traded Funds - Key Principles For MiFID ‘Level 2’ And The Central Securities Depositary Regulation

Date 12/06/2014

Investors in Europe seeking transparent and diversified exposures to asset classes, regions, or sectors have increasingly chosen Exchange Traded Funds (ETFs) in recent years. With annual growth of 23% since 2008, the European ETF industry had assets totalling €304bn spread across 2130 listings at the end of 2013. However, the perception remains that ‘market quality’ including attributes such as transparency and connectivity between markets is not commensurate with the growth in the asset base. Investors seeking best execution require price and volume transparency and the ability to easily transact across European borders. 

UK's Financial Conduct Authority: Statement On The Fair And Effective Markets Review

Date 12/06/2014

The government have today announced the ‘Fair and effective Markets Review’ into wholesale markets. The review will be led by Bank of England Deputy Governor for Markets and Banking, Minouche Shafik, and co-chaired by Martin Wheatley and Charles Roxburgh, Director General, Financial Services, HM Treasury.

LCH.Clearnet Ltd Receives EMIR Authorisation

Date 12/06/2014

LCH.Clearnet Ltd, LCH.Clearnet Group’s UK-based central counterparty (CCP), today announced that the Bank of England approved its application as a central counterparty under the European Market Infrastructure Regulation (EMIR).

UK's Financial Conduct Authority: Interest Rate Hedging Products Redress Scheme Update

Date 12/06/2014

In 2012, we identified failings in the way that some banks sold IRHPs. The banks involved agreed to review their sales of IRHPs made to unsophisticated customers since 2001. The full review started in May 2013.

Warwick Business School Dean Professor Mark Taylor Comment On UK Chancellor George Osborne's Announcement To Make Foreign Exchange Manipulation A Criminal Offence

Date 12/06/2014

Commenting on George Osborne’s proposal to make manipulation of the foreign exchange market a criminal offence Warwick Business School Dean, Professor Mark Taylof, a former Bank of England and IMF Senior Economist and ex-foreign exchange trader. said: “Regulation of the market to make rigging of the reference rate illegal is certainly welcome and will send a signal to the rest of the world that cheating in London’s financial markets will not be tolerated, but my worry is that by itself it won’t be enough.

UK's Chancellor Of The Exchequer Announces Fair And Effective Markets Review

Date 12/06/2014

The government is today announcing further steps to raise standards of conduct in the financial system with a joint review by the Treasury, the Bank of England and the Financial Conduct Authority (FCA) into the way wholesale financial markets operate. Strong and successful financial services that set the highest standards are an essential part of building a resilient economy.

KRX Held Forum To Promote US Companies’ Listing On Korean Bourse

Date 12/06/2014

The Korea Exchange (KRX) held a forum, 「2014 US Companies' Listing in Korea」, on June 10, 2014 (local time zone) in Boston, United States. The invited audience was constituted of about 100 individuals from diverse areas - companies in the Eastern region’s emerging industries such as IT and Bio as well as institutional investors and securities firms.

CEE Stock Exchange Group Posts Solid Earnings For 2013

Date 12/06/2014

• YE 2013 operating profit up 34% to EUR 27 million
• CEE data hub, posttrading and index licensing contribute to diversified revenue streams
• New members elected to the Supervisory Board