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FTSE Wins European Pensions “Index Provider Of The Year” Award For 3rd Consecutive Year

Date 27/06/2013

FTSE Group (“FTSE”), a leading global index provider, is pleased to announce that for the third year in a row it has won the 2013 European Pensions “Index Provider of the Year” Award. The annual awards ceremony, which recognises outstanding achievement in the varied fields of European pension provision, was held at Grosvenor House Hotel on Wednesday 26th June.
FESE Announces Winners Of The Josseph De La Vega Prize 2013

Date 27/06/2013

The Federation of European Securities Exchanges is delighted to announce that this year’s winners of the De la Vega Prize 2013 are Laurence Lescourret and Sophie Moinas from ESSEC Business School and Toulouse School of Economics, respectively, for their paper “Liquidity Supply across Multiple Trading Venues”.
Euro Area Business Climate Indicator Increases In June

Date 27/06/2013

In June 2013, the Business Climate Indicator (BCI) for the euro area increased by 0.07 points to ‑0.68. While the assessment of past production deteriorated somewhat, managers' appraisal of order books (overall and export) and production expectations improved. Managers' assessment of thestocks of finished products remained broadly unchanged.
Markets Downplay The Potential Impact Of Bank Of England's New Governor Mark Carney

Date 27/06/2013

Ahead of Mark Carney assuming the role of the Bank of England's New governor Clem Chambers, CEO of private investors website ADVFN, argues that his "impact will be at the margin".
HKEx, LME And China Beijing International Mining Exchange Sign MOU

Date 27/06/2013

Hong Kong Exchanges and Clearing Limited (HKEx), The London Metal Exchange (LME) and the China Beijing International Mining Exchange (CBMX) today (Thursday) signed a memorandum of understanding (MOU) on cooperation and the exchange of information.

June 2013: Economic Sentiment Improves Markedly In Both The Euro Area And The EU

Date 27/06/2013

In June the Economic Sentiment Indicator (ESI) improved markedly, continuing last month's increase. Sentiment increased by 1.8 points in both the euro area (to 91.3) and the EU (to 92.6).
Midpoint Launches New Online Foreign Currency Exchange Service For Businesses & Individuals

Date 27/06/2013

A new peer to peer Foreign Exchange Service and International Payments Platform is announced today.Midpoint.com enables businesses and individuals to save money by using a currency exchange matching service, providing industry low rates and a flat, transparent fee structure.
Thomson Reuters Launches Unique Analytics Tool On Eikon To Help Predict Prices In Major European Power Markets - Thomson Reuters builds On REMIT Data To Provide Thomson Reuters Eikon Customers With Real-Time Models Of The Nordic And German Power Markets

Date 27/06/2013

Thomson Reuters today announced the launch of a new analytics tool on Thomson Reuters Eikon to help commodities traders and analysts predict prices in major European power markets. The new tool, Power Curve, uses innovative visualization techniques to enable traders and analysts focused on European power markets to obtain real-time, fundamental fair value assessments of the Nordic and German power markets. This reduces time spent on research and analysis, enabling financial markets professionals to focus on higher-value tasks in the building and monitoring of trading strategies.
UK’s Financial Conduct Authority Review Into Mobile Phone Insurance Finds Examples Of Poor Product Design, Unclear Terms, And Inadequate Claims And Complaints Handling

Date 27/06/2013

The Financial Conduct Authority (FCA) has published a review focusing on the way mobile phone insurance firms design products and handle claims from customers that have lost or damaged their phone, or had it stolen.
HKFE Announces Revised Margins For Futures Contracts

Date 27/06/2013

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Tuesday, 2 July 2013, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.