News Centre

RBS Approved To Issue Letters Of Credit For DME Trading Direct From Singapore

Date 17/02/2014

The Royal Bank of Scotland (RBS) has today been approved to issue letters of credit for trading on DME directly from Singapore. The approval reflects DME and RBS’s joint commitment to facilitate the trading activities of their mutual customers in Asia.

ESMA Issues Q&A On Application Of AIFMD

Date 17/02/2014

The European Securities and Markets Authority (ESMA) published today Question and Answers (Q&As) on the Alternative Investment Fund Managers Directive (AIFMD). The  purpose of this document is to promote common supervisory approaches and practices in the application of the AIFMD and its implementing measures. It does this by providing responses to questions posed by the general public and competent authorities in relation to the practical application of the AIFMD.

Lahore Stock Exchange Decided To Auction Two Trading Right Entitlement Certificates (TRECs) Of Expelled Brokers

Date 17/02/2014

LSE has notified that the Trading Right Entitlement Certificates (TRECs) of two (2) expelled brokers of Lahore Stock Exchange shall be auctioned on Thursday, February 20, 2014 at 3:30 p.m. in the LSE Auditorium at 19-Khayaban-e-Aiwan-e-Iqbal, Lahore. The reserve price for the TREC has been fixed as Rs. 4,100,000/- each.

UK Serious Fraud Office: Further Charges In LIBOR Investigation

Date 17/02/2014

Criminal proceedings by the Serious Fraud Office have commenced today against three former employees at Barclays Bank Plc, Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas, in connection with the manipulation of LIBOR.  It is alleged they conspired to defraud between 1 June 2005 and 31 August 2007.

UK’s Financial Conduct Authority Wins Case Against Capital Alternatives

Date 17/02/2014

The High Court has ruled that two investment schemes, promoted by Capital Alternatives and a number of other firms, were collective investment schemes. They were promoted and operated without Financial Conduct Authority authorisation. 

LME Widens Direct Access To Market Data

Date 17/02/2014

The London Metal Exchange (LME) today announces a new policy to allow clients of LME members to connect directly to the Exchange’s electronic trading platform, LMEselect, for market data. The change will be effective from 24 March 2014. 

London Stock Exchange Group (LSEG): Hellenic Exchanges Group Selects UnaVista Solution For EMIR Trade Reporting

Date 17/02/2014

• Hellenic Exchanges - Athens Stock Exchange, selects UnaVista to provide delegated reporting service for customer EMIR compliance
• Assisted registration partnership with London Stock Exchange for allocation of LEIs for Greek market

UK's Financial Conduct Authority: Over 30,000 Yorkshire Building Society Customers To Be Refunded Mortgage Arrears Fees

Date 17/02/2014

Yorkshire Building Society Group (YBS) will voluntarily refund all administration fees for mortgage arrears since January 2009.

Investec Structured Products Launches New Collection Of Plans

Date 17/02/2014

The structured products sector needs to start launching timely plans that directly reflect uncertainty in the UK economy, according to Investec Structured Products, which is launching its new and innovative FTSE 100 5 Year Deposit Plus Plan 1 this week.

Neue ZWL Zahnradwerk Leipzig GmbH Bond Subscription Ends Early - High Demand For First Corporate Bond On The Entry Standard In 2014

Date 17/02/2014

The subscription for the Neue ZWL Zahnradwerk Leipzig GmbH bond (NZWL Group, ISIN DE000A1YC1F9) – which is to be included in the Entry Standard – ended on its very first day. The subscription was originally supposed to run until 28 February. But the total volume of €25 million was already able to be placed on the market in the morning of the first day of subscription.