News Centre

European Parliament - Financial Transaction Tax: A Better Design Is Possible

Date 29/02/2012

The proposed financial transaction tax should be better designed to capture more traders and to make evading it unprofitable, say proposals presented in the Economic and Monetary Affairs Committee on Wednesday. The proposals also say the tax should go ahead even if only some Member States opt for it.

Statement By José Manuel Durão Barroso President Of The European Commission Following His Meeting With Mr Lucas Papademos, Greek Prime Minister Press Point Brussels, 29 February 2012

Date 29/02/2012

Good afternoon ladies and gentlemen.

It was indeed a great pleasure to have held this important and constructive meeting with the Prime Minister and our colleagues from the Commission and the Greek government.

BME To Submit To The General Shareholders’ Meeting For Approval The Distribution Of An Extraordinary Dividend - If Approved, BME Would Distribute €1.972 Per Share, Identical To Last Year’s

Date 29/02/2012

BME will submit to the General Shareholders’ Meeting for approval the distribution of a €31 million extraordinary dividend (a gross €0.372 per share).

ESMA Publishes The Responses Received To The Consultations On Certain Aspects Of The MiFID Requirements For Suitability And Compliance

Date 29/02/2012

The responses to the consultation paper on certain aspects of the MiFID requirements for suitability are available here.

BME’s Net Profit In 2011Reached €155.1 Million, Up 0.6% From 2010

Date 29/02/2012

Stripping out extraordinary items, BME’s net profit was 3.3% higher than in 2010

• Operating costs in 2011 fell by 4.7% and EBITDA remained flat
• In 2011 revenue totalled €321.4 million, down 1.5% on 2010
• The efficiency ratio (30.6%) is around 14 points above the sector average
• Return on equity (ROE) was 35.1%, 17 points above the sector average
• Net profit totalled €36.7 million in 4Q2011, 2.3% lower than in the same period in 2010

Athens Exchange Market Operations Committee Decision

Date 29/02/2012

The Market Operations Committee of ATHEX, during today's session, approved the application of price fluctuation limits of ±10%, for March 2012, for the low turnover velocity Stocks of the ATHEX Main Market (monthly average velocity of last month less or equal to 0.01%) presented in Table 1, according to the ATHEX Board Decision 22. 

Remarks By U.S. Department Of The Treasury Under Secretary David Cohen At The SIFMA Anti-Money Laundering & Financial Crimes Conference

Date 29/02/2012

INTRODUCTION

Autorité Des Marchés Financiers - Price formation On The CDS Markets: Lessons Of The Sovereign Debt Crisis

Date 29/02/2012

Click here to download "Risk and Trend Mapping No11 - Price formation on the CDS markets: Lessons of the sovereign debt crisis" 

Top 15 Sovereign And Corporate Credit Default Swaps - Provided By The Depository Trust & Clearing Corporation (DTCC)

Date 29/02/2012

The Depository Trust & Clearing Corporation (DTCC) is publishing a weekly email containing simple, easy-to-read tables listing credit default swaps (CDS) contracts on the top 15 sovereign and corporate reference entities by net notional amount as well as the Top 10 volume movers, both corporate and sovereign, by percentage change based on the net notional amount registered in its Trade Information Warehouse for the week ending February 24, 2012, along with historical data.

European Parliament: Credit Rating Agency Reform Plans Need More Bite, Say Committee MEPs

Date 29/02/2012

The EU's credit rating agency reform plans need to be beefed up, in order to replace "unsolicited" sovereign debt ratings of EU Member States with ratings by an independent body, reduce reliance on agency ratings, and eliminate conflicts of interest that could influence them, said rapporteur Leonardo Domenici (S&D, IT), in the Economic and Monetary Affairs Committee's first debate on the plans on Wednesday.