News Centre

Commissioner Barnier Welcomes The Signature Of The Intergovernmental Agreement (IGA) On The Single Resolution Fund

Date 21/05/2014

Today, 26 Member States have signed the Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund (SRF), an essential part of the Single Resolution Mechanism (SRM) - STATEMENT/14/119. This is an important signal of the commitment of Member States, to make the banking union a success.

Liffe To Launch FTSE 100 Equally Weighted Index Futures - ‘Smart Beta’ Indices Available Via Bclear

Date 21/05/2014

IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, todayannounced that Liffe will introduce futures based on the FTSE 100 Equally Weighted Net Total Return (NTR) Index.

UK's Financial Conduct Authority Statement On R v Crawley & Others (Southwark CC)

Date 21/05/2014

The Financial Conduct Authority (FCA) welcomes the Court of Appeal’s decision in the case of Crawley and others.

ECC And Gaspoint Nordic Plan To Start New Partnership

Date 21/05/2014

European Commodity Clearing AG (ECC) and the Danish Gas Exchange Gaspoint Nordic A/S (Gaspoint Nordic) are planning to cooperate in the clearing sector. In the context of this cooperation, ECC will offer clearing and settlement services for the natural gas products traded at Gaspoint Nordic, potentially as soon as October 2014.

Thai Alternative Bourse’s Listed Firms Report 11.93% Sales Increase In Q1

Date 21/05/2014

• Combined sales up 11.93 pct to THB 28.5 bln
• Rising operation costs led to decline in overall net profits
• EA, CRANE, AIE, BROOK and UEC post largest net profits

Investec Structured Deposits Have Delivered 6.3% Per Annum Average Maturity Returns - Past Performance Data Suggests Structured Deposits Can Provide Better Returns Than Cash Deposits

Date 21/05/2014

Past performance data from Investec Structured Products shows returns from their structured deposits with a kick-out feature have outperformed savings bond rates since 2010, with average returns of 6.3% per annum, according to Investec Structured Products (ISP), the leading structured products specialist in the UK1.

BaFin President: Consumer Protection And Regulation – Where We Stand And What Must Still Be Done

Date 21/05/2014

“How much protection do consumers need?” This is the question with which BaFin President DrElke König opened the supervisory authority’s annual press conference on 20 May in Frankfurt am Main. Dr König explained in her speech that, for BaFin, ideal consumers are responsible consumers who confidently and independently take their own investment decisions."

DEVnet Releases Open Source Version Of Its kdb+ Building Blocks

Date 21/05/2014

DEVnet, a leading technology services and solutions consultancy in financial trading and risk management, has announced that it is releasing an open source version of its proprietary suite of building blocks for Kx Systems’ high performance database kdb+. The move will make it easier for firms to develop applications built on kdb+, enabling them to be deployed more quickly and reducing the total cost of ownership.

Markets See EU RMB Centres As Key To Global Role For China FX, Aite Group & Clearstream Report Says

Date 21/05/2014

• Aite Group has published a Clearstream-commissioned research paper “Internationalising the Renminbi: Weaving a Web for the Next World Currency”
• Survey respondents say the development of offshore centers in Europe is key to the internationalisation of the RMB/Some respondents believe EU centres should cooperate to build liquidity in offshore RMB
• Highly developed European market infrastructure could provide potential solutions to overcome remaining operational hurdles
• Facilitating issuance, settlement and custody of offshore RMB bonds seen as prerequisite for progress in internationalisation

Bursa Malaysia Securities Reprimands, Fines And Orders To Strike Off Yew Ting Hong For Unlawful/Unethical Activities/Practices

Date 21/05/2014

Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM500,000 and ordered to strike off Yew Ting Hong (YEW) from the Register if he was still a Registered Person of Bursa Malaysia Securities for engaging in unlawful/unethical activities through his acts of misconducts and abuse of clients’ monies/accounts.