News Centre

EGX Issued A Decision To Start Working With The Regulations For ETFs And Market Maker

Date 08/04/2014

The Egyptian Exchange (EGX) issued an executive decision to start applying the regulations for both ETFs and market maker activity.  The new regulations for market maker stressed on its providing an endorsement stating separation between the activities of market-making and brokerage activity.  It also defined the technical infrastructure for information systems that should be applied by the market maker to connect with EGX.  The regulations also required a market maker to take all measures to ensure liquidity on documents in circulation.  New restrictions has been put for borrowed stocks of the index or certificates in accordance with the clearing system and settlement certificates of index funds prepared.

Financial Stability Board Publishes Reports On Implementation Of OTC Derivatives Market Reforms

Date 08/04/2014

The Financial Stability Board (FSB) published today the  seventh of the FSB’s semi-annual progress reports on implementation of OTC derivatives market reforms.

NASAA And The SEC: Presenting A United Front To Protect Investors, SEC Commissioner Luis A. Aguilar, North American Securities Administrators Association, Annual NASAA/SEC 19(d) Conference, Washington, D.C., April 8, 2014

Date 08/04/2014

Good morning.  Thank you for that kind introduction.  I have been NASAA’s liaison since I was asked by NASAA to take on that role early in my tenure at the SEC, and it is truly a pleasure to continue our dialogue with my fifth appearance here at the 19(d) conference.  This conference, as required by Section 19(d) of the Securities Act, is held jointly by the North American Securities Administrators Association (“NASAA”) and the U.S. Securities and Exchange Commission (“SEC” or “Commission”).  Before I begin my remarks, however, let me issue the standard disclaimer that the views I express today are my own, and do not necessarily reflect the views of the SEC, my fellow Commissioners, or members of the staff.

Market Structure Expert Adam Sussman Joins Liquidnet - Global Role Focused On Market Structure Analysis And Strengthening Relationships With Industry Participants

Date 08/04/2014

Liquidnet, the global institutional trading network, announced today that Adam Sussman has joined the company as Head of Market Structure and Liquidity Partnerships. In this global role, Adam will serve as a senior advisor on market structure issues providing insight and guidance on industry developments, technological trends, and financial industry dynamics to Liquidnet’s community of buy side Members and customers. He will also advance Liquidnet’s efforts in identifying new ways to bring in additional sources of unique, safe and actionable block liquidity by building and strengthening partnerships with a broad spectrum of industry participants. Adam will be based in New York, reporting to Liquidnet’s Head of US Equities, Brennan Warble, and will work closely with leadership across all regions.

Testimony By Scott G. Alvarez, Federal Reserve General Counse:, Regulatory Rulemakings - Before The Committee On Financial Services, U.S. House Of Representatives, Washington, D.C., April 8, 2014

Date 08/04/2014

Chairman Hensarling, Ranking Member Waters, and other members of the committee, I appreciate the opportunity to testify on recent rulemakings and other actions by the Federal Reserve. In my testimony, I will discuss some of the actions that the Federal Reserve has completed or has under way to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and other reforms to promote a stable financial system and to strengthen the resiliency of banking organizations.

NN Group N.V. lists €1bn Bond On Euronext Amsterdam

Date 08/04/2014

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced that NN Group N.V. listed its successful EUR 1 billion subordinated bonds on Euronext Amsterdam (ISIN XS1054522922).

March 2014: Positive Figures For Turnover And Trades - The Statistical Monthly Report Contains The Latest Trade And Turnover Figures For SIX Swiss Exchange

Date 08/04/2014

During the first quarter 2014, SIX Swiss Exchange recorded a significant increase of turnover and transactions. Since the beginning of the year, turnover amounts to CHF 310'097 million. This corresponds to an increase of 17%. Growth was even bigger in the most important segment: turnover in equities (including Funds & ETPs) rose by 21.7% to CHF 227'927 million.

Thomson Reuters Again Ranked Category Leader In Chartis Risktech Quadrant For Enterprise Governance, Risk And Compliance Solutions - Thomson Reuters Accelus Is Recognized For Completeness Of Offering And Market Potential For Second Year Running

Date 08/04/2014

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that it has again been ranked as category leader in the Chartis RiskTech Quadrant® for Enterprise Governance, Risk and Compliance Systems.

UK's Financial Conduct Authority Independent Directors Appoint External Law Firm And Publish Terms Of Reference

Date 08/04/2014

The Financial Conduct Authority (FCA) Non-Executive Directors have appointed Simon Davis, a senior Commercial Litigation Partner at Clifford Chance, to conduct an independent inquiry into the handling of the FCA’s announcement of proposed supervisory work on the fair treatment of long standing customers in life insurance.

EGX's Held A Meeting With 40 Entities Of Brokerage Firms And Asset Managers To Discuss Enhancing Investments In The Market

Date 08/04/2014