News Centre

BCBS-CPMI-IOSCO Publish Consultative Report On Transparency And Responsiveness Of Initial Margin In Centrally Cleared Markets

Date 16/01/2024

• BCBS-CPMI-IOSCO call for interested parties to comment on ten policy proposals which aim to improve central clearing participants’ understanding of initial margin calculations and potential future margin requirements.
• The report proposes that central counterparties (CCPs) should provide additional public disclosures on their margin models and increase the sophistication and accessibility of margin simulation tools.
• Clearing members should provide greater transparency to clients and the CCPs of which they are members.

Danske Bank Selects Broadridge’s Principal Risk Trading And Market Making Solution

Date 16/01/2024

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that Danske Bank (DANSKE: CO) has selected Broadridge’s multi-asset trading and market making solution, Tbricks, to support multi-asset trading, pricing and position management across Danske Bank locations. Tbricks offers a modular trading platform with a flexible user interface, powerful built-in functionality and a high degree of customizability. Tbricks will integrate with existing systems at Danske and allow the bank to scale and streamline operations, creating the capacity to focus on strategic initiatives rather than technology management, and providing long-term cost predictability.

Saxo Bank Partners With FairXchange For Liquidity Management Data Analytics

Date 16/01/2024

Saxo Bank, one of the leaders in global online trading and execution services, becomes the latest institution to join the rapidly growing FairXchange ecosystem. Under the terms of the arrangement FairXchange are providing their award-winning liquidity management platform Horizon. 

Cyprus Stock Exchange Monthly Bulletin, December 2023

Date 16/01/2024

The total value of transactions during the month in review reached € 8,86 million, with an average of € 0,47 million per trading session. The Financials sector contributed 74,95% to the total value traded which was the highest among all other sectors. Investors primarily focused their interest on the shares of “Bank οf Cyprus Holdings Plc” and also on shares of “Demetra Holdings Plc” with 43,96% and 30,04% of the total value respectively.

DiffusionData Appoints Andy Peet As CFO - DiffusionData Strengthens Senior Management Team To Support Growth Due To The Rapid Adoption Of Real-Time Streaming Technologies

Date 16/01/2024

DiffusionData, the pioneer and leader in real-time data streaming and messaging solutions, today announced that Andy Peet has been appointed as Chief Financial Officer (CFO). Prior to joining DiffusionData, Andy was CFO at Altia, sales-i and MHR. 

Worldline And Google Announce Strategic Partnership To Enhance Digital Payments Experiences With Cloud-Based Innovation

Date 16/01/2024

Worldline (Euronext: WLN), a global leader in payment services, and Google announced today a strategic partnership designed to leverage cutting-edge cloud-based technologies from Google Cloud to take Worldline’s digital transformation further. As part of the partnership, Google will also work with Worldline to facilitate seamless online payments for Google’s customers in Europe. In addition, both partners will jointly address go-to-market opportunities, and provide new and enhanced digital customer experiences for merchants and financial institutions.

Data Shows Number Of Firms Prepared For UPI Regulatory Reporting In The US Is In Line With DSB Expectations - First G20 Jurisdiction Goes Live With UPI Compliance Mandate On 29 January 2024

Date 16/01/2024

The Derivatives Service Bureau (DSB), the global golden source of reference data for Over the Counter (OTC) derivatives, has today released figures indicating industry readiness for the first jurisdictional compliance date for Unique Product Identifier (UPI) regulatory reporting in the United States (US) on 29 January 2024.

Carbonaires Secures Strategic Investment From KTM Chemicals S.A. To Deliver High-Integrity Carbon Credits

Date 16/01/2024

Carbonaires, the London-based carbon asset manager, has today announced it has received a strategic investment from KTM Chemicals S.A. (KTM), a global distributor and trader of plastics and chemical raw materials. This strategic partnership marks a groundbreaking collaboration between the finance and specialty chemicals sectors, aiming to accelerate the development of high-quality, verifiable carbon and biodiversity projects within KTM's distribution network and beyond.

Prime Capital AG Enhances Alternative Investment Strategies With Premialab's Advanced Analytics - Leading Independent Asset Management Firm Specializing In Alternative Investments, Chooses Premialab Technology And Its Pure Factors® Benchmarks For Strategy Selection And Risk Management.

Date 16/01/2024

Prime Capital AG, a leader in Alternative Investments, has partnered with Premialab to harness their advanced analytics and benchmarking technology, bolstered by a state-of-the-art data library, for enhanced strategy selection, ongoing quantitative performance assessment and risk management.

TFEX Reports Trading Of 129 Million Contracts In 2023, And Aims To Extend Trading Hours And Introduce New Products In 2024

Date 16/01/2024

Thailand Futures Exchange PCL (TFEX) announces its trading volume in 2023 was a total of 129 million contracts or 534,898 contracts per day, down from the previous year’s 565,627 contracts. This aligned with the overall lower trading activities in the stock market. The most active was equity derivatives, namely SET50 Futures, SET50 Options, and Stock Futures, dominating 83 percent of the overall trading volume.  SET50 Options and SET50 Futures rose 14 percent and 13 percent, respectively, from the previous year while Stock Futures’s trading activity declined. For precious metal and currency products, each held the same at 9 percent of total trading volume. Notably, currency products surged 11 percent due to currency fluctuations and the popularity in foreign exchange investment, with USD/JPY Futures registering a 62 percent increase from the previous year. The open interest totaled 2.68 million contracts, while the numbers of investors rose 10 percent to 318,860 trading accounts at end-December 2023.