News Centre

TheCityUK Responds To Latest FDI Data From ONS

Date 06/02/2014

Responding to the ONS data on foreign direct investment (FDI), Chris Cummings, Chief Executive at TheCityUK, said:

“Figures released this morning by the Office for National Statistics show that the UK continues to be a key destination for financial services investments. Foreign companies have invested nearly £100bn into the UK financial services sector since the start of the economic slowdown in 2007, more than in any other sector. In fact, the financial services sector accounted for nearly a third of all FDI into the UK during this period."

S&P Dow Jones-GSCI Commodity Indices Market Attributes Report - Commodities Market Performance In January 2014

Date 06/02/2014

S&P GSCI:

The S&P GSCI posted a loss of 1.6% in January; year-over-year returns down 6.9%.

• Natural gas and coffee were the best-performing commodities in the index, up 18.0% and 13.1% for the month.
• Wheat and aluminum performed the worst in January, down 8.2% and 6.1%, respectively.
• Livestock (up 4.0%) and precious metals (up 2.5%) were the leading performers for the month. 

European Small Caps Positive Year-To-Date As Of Feb 4 As ECB Prepares Policy Decision, According To Russell Investments

Date 06/02/2014

Small-cap stocks have outperformed their large-cap counterparts in Europe and other developed global markets year-to-date as of February 4, according to the Russell Global Indexes. And according to market experts at Russell, while there may still be room for the European equity market to grow, near-term investor sentiment may hinge in part on upcoming ECB action on interest rates and how it is interpreted by investors.

S&P Dow Jones-UBS Commodity Indices Market Attributes Report - Commodities Market Performance In January 2014

Date 06/02/2014

Dow Jones-UBS Commodity Index:

The DJ-UBS Commodity Index posted a gain of 0.3% in January; year-over-year returns down 11.4%.

• Energy was up 3.4%, and livestock was up 4.3% in January.
• The best-performing commodities were natural gas, up 17.9% and coffee, up 13.1% for the month.
• Wheat was down 8.2% and aluminum was down 6.10% on the month.

Moscow Exchange Launches An ETF On The MSCI China Index

Date 06/02/2014

Moscow Exchange on 6 February launched trading in the FinEx MSCI China UCITS ETF (FXCN).

Testimony Of CFTC Acting Chairman Mark P. Wetjen Before The U.S. Senate Committee On Banking, Housing & Urban Affairs, Washington, DC

Date 06/02/2014

Good morning Chairman Johnson, Ranking Member Crapo and members of the Committee. Thank you for inviting me to today’s hearing on the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) and customer information security. I am honored to testify as Acting Chairman of the Commodity Futures Trading Commission (“CFTC”). I also am pleased to join my fellow regulators in testifying today.     

Deutsche Börse: 2 Percent Drop In FDAX After Scheduled ECB Announcement Triggers Safeguard

Date 06/02/2014

Safeguard volatility interruption was automatically activated. Orderly market was ensured at all times. No sign of flash crash.

Perseus Is First Fintech Company To Recognise Bitcoin - Sets The Tone For 2014 With GoCoin - Global Telecommunications Company Accepts Virtual Currency Payments With GoCoin, Chaired By Brock Pierce, Bitcoin Luminary

Date 06/02/2014

Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and market-to-market networks announced today the virtual currency called Bitcoin may be used to pay for Perseus services worldwide. Perseus will process the Bitcoin transactions with GoCoin, Bitcoin's first truly international payment processing service.  Bitcoin is acknowledged as a legitimate and secure financial service by government regulatory bodies. High-speed trading communities who profit from strong volatility may now be getting the relief they need to continue to trade via Bitcoin rather than the highly regulated Majors across all asset classes. Even more broadly, companies earning profits in Bitcoin can now efficiently pay for the technology Perseus offers with Bitcoin.

PEGAS Achieves New Records In January

Date 06/02/2014

PEGAS, the natural gas platform established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 43.0 TWh was traded on the platform in January. This is the highest volume since the launch of the cooperation in May 2013 and represents an increase of 55 % compared to the previous monthly record of 27.8 TWh achieved in November 2013.

BM&FBOVESPA Publishes January Market Performance

Date 06/02/2014