News Centre

Inversis Acquires 100% Of Openfinance From SIX Group

Date 06/07/2023

• Inversis expands its range of global solutions for financial institutions, thus furthering its strategy of offering 360º services to its institutional clients, with the acquisition of Openfinance (a subsidiary of BME, SIX Group), a technology platform for discretionary portfolio management and advice.
• With this transaction, Inversis strengthens its unique value proposition by adding Openfinance's functionalities to its financial asset distribution ecosystem, which provides a geographic presence in Southern Europe and Latin America.

BIS: The 2008–14 Banking Crisis In Spain

Date 06/07/2023

The Spanish banking sector experienced a profound crisis starting in 2008. Its weaknesses stemmed from both conjunctural and structural factors.

EEX Group Monthly Volumes - June 2023

Date 06/07/2023

EEX Group reports its June 2023 volumes with the following highlights:

US Supreme Court Brief Outlines Congressional Intent For Burden Of Proof In SOX Whistleblower Cases

Date 06/07/2023

In an amicus curiae brief filed with the Supreme Court on behalf of the National Whistleblower Center (NWC), the founding partners of Kohn, Kohn & Colapinto (KKC) outline the Congressional intent behind the burden of proof standard in the Sarbanes-Oxley Act of 2002 (SOX). The brief was filed in the case Murray v. UBS Securities, LLC a SOX whistleblower retaliation case filed by an ex-employee against UBS Bank.

DataLend: Securities Lending Revenue Rises To $5.8 Billion In H1 2023, Up 20% Over 2022

Date 06/07/2023

The global securities finance industry generated $5.8 billion in revenue for lenders in the first half of 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 20% increase from the $4.8 billion generated in H1 of 2022.  

Finequities Chooses ViewTrade As Technology Partner For New AI-Powered Social Trading Platform

Date 06/07/2023

ViewTrade, the force that powers fintech, and Finequities, an innovative social trading technology firm, today announced that Finequities has chosen ViewTrade as the technology partner for its AI-powered social trading platform. Finequities will use ViewTrade's cutting-edge trading solutions to help investors put their investment decisions into action.

ESMA Highlights Areas For Improvement In Firms’ Disclosure Of Cost And Charges Under MiFID

Date 06/07/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes a Statement on its 2022 Common Supervisory Action (CSA) and on the mystery shopping exercise regarding compliance with disclosure requirements for costs and charges under MIFID II.

BME Launches BME Scale, The Exchange For Scale-Ups

Date 06/07/2023

• This new market is aimed at scale-ups, offers the necessary transparency for investors and simplifies incorporation requirements for companies

Intercontinental Exchange Reports June And Second Quarter 2023 Statistics

Date 06/07/2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported June 2023 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Bank Of England: Minutes Of The London FXJSC Legal Sub-committee – 28 February 2023

Date 06/07/2023

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Legal Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.