News Centre

Victory Networks Acquires Trading Tech Company SailFish Systems - Trading Technology Firms Combine To Offer Efficient, Transparent, Cost Conscious Solutions

Date 09/04/2013

Victory Networks, Chicago-based network solutions provider for boutique trading firms announced the acquisition of New York based SailFish Systems today. The strategic integration is timely as algorithmic traders migrate out of bigger firms and demand the most cost-effective efficient technology models. Victory Networks has been delivering technology hosting and connectivity solutions to a long-time sophisticated derivatives trading community. Integrating SailFish Systems, a New York based financial technology firm running parallel in offerings enhances the capabilities of Victory with regard to resources, price scalability and overall coverage of markets. Both companies are born out of proprietary trading firms, as technology is the most important factor in achieving positive results. In-house technology and management is astronomical in cost thus the choice and growth in an efficient outsourced model allowing for strict focus on trading.

UK's Financial Conduct Authority Publishes Its Annual Funding Requirement For 2013/14

Date 09/04/2013

The Financial Conduct Authority (FCA) has announced its Annual Funding Requirement (AFR) for 2013/14. On 1 April 2013 the FCA and the Prudential Regulation Authority (PRA) replaced the Financial Services Authority (FSA).  The Bank of England has separately published the AFR for the PRA.

İMKB’s New Index Abbreviation: “BIST”

Date 09/04/2013

• İstanbul Menkul Kıymetler Borsası, steeped in 140 years of history since Dersaadet Tahvilat Borsası (Bonds Market), converts to BORSA İSTANBUL
• Borsa İstanbul reflects the power of the Turkish and the region’s economy with its high traded value and market capitalization, and has a vision to become a globally effective market with its diverse product range and efficient market structure.
• Borsa İstanbul’s index abbreviation will be used as “BIST”

Press Conference By Taro Aso, Japan's Deputy Prime Minister, Minister Of Finance, And Minister For Financial Services

Date 09/04/2013

(Excerpt)

(Friday, March 29, 2013, from 8:24 am to 8:35 am)

SGX Explains Delay In Derivatives Market Trading

Date 09/04/2013

Singapore Exchange has investigated today’s delayed opening of the derivatives market and confirmed that it was not related either to market volumes or changes to the system.

Equiduct Trading Statistics Q1 2013

Date 09/04/2013

Equiduct, the Pan-European trading platform with a premium Best Execution service, today published its trading statistics for the first quarter of 2013. Equiduct executed 1.7 million trades in Q1 2013 and recorded a turnover of €9.5 billion, a 14% increase compared with the same period in 2012. €5.4 billion of this turnover resulted from retail activity on Equiduct’s premium Best Execution service PartnerEX. Clients trading on PartnerEX also benefitted from an average price improvement per trade of €1.89 versus the home market, allowing European retail investors to save €279,698 by trading at the best price.

European Commission: Statement By Vice President Rehn On Italy

Date 09/04/2013

The European Commission reaffirms its support to the Italian government's plan to accelerate the liquidation of the large stock of trade debt accumulated by the public administration. This will ease firms' liquidity constraints and thus assist economic recovery.

Bulgarian Stock Exchange Monthly Report - March, 2013

Date 09/04/2013

Please click here to download the statistics for the market performance of the Bulgarian Stock Exchange in March 2013.

Tehran Stock Exchange Trading Statistics Report 1Q13

Date 09/04/2013

The total index (TEDPIX) of Tehran Stock Exchange (TSE) closed at 39990.2 point at the end of March 2013, 5.8 percent higher than the beginning of the year's figure. However, TSE's blue-chip index (TEDFIX 30) lost about 2 percent in the 1Q13, and closed at 2097.3.

Warsaw Stock Exchange Management Board And Exchange Members Confirm The First Day Of Availability Of UTP On 15 April 2013

Date 09/04/2013

• Following a review of preparations by brokerage houses, the Exchange Management Board and Exchange Members have confirmed readiness for migration to the new trading system UTP on 15 April 2013.
• As at 8 April 2013, 52 out of 57  Exchange Members declared readiness for migration to UTP.
• With a view to safety of market participants, there will be no trading session on 16 April 2013.