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  • Stainless Tankers ASA Lists On Euronext Growth Oslo

    Date 28/04/2023

    • 16th listing on Euronext and second listing of the year on Oslo Børs
    • USD 67 million raised
    • Market capitalisation of approximately NOK 655 million

  • Korea Investment Management Launches Secured Overnight Financing Rate ETF Tracking Solactive Index

    Date 28/04/2023

    The world has been coping with an environment of rising inflation, higher interest rates, and geopolitical instabilities, pressuring both stock and bond markets. As a result, investors increasingly feel the need to allocate their resources more defensively, causing them to de-risk and allocate higher portions of their capital towards cash. Correspondingly, the demand for investment vehicles that provide adequate yields in today’s higher interest rate environment has been rising. Against this backdrop, Korea Investment Management has expanded its partnership with Solactive to launch the new KIM ACE USD SOFR ETF Synth, that tracks the Solactive SOFR Daily Total Return Index.

  • LME: Name Change Tullet Prebon Europe Limited

    Date 28/04/2023

    Please note that The London Metal Exchange (the “LME”) has been notified that the Category 2 and RIB Tier II member, Tullett Prebon (Europe) Limited has changed its name to: TP ICAP E&C Limited

  • UK Financial Conduct Authority: OPBAS Publishes Report On Legal And Accountancy Sector Supervision

    Date 28/04/2023

    In its fourth report, the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has found that professional bodies are continuing to demonstrate good levels of compliance with money laundering regulations but improvements in how effectively they supervise have not been good enough. 

  • Euroclear Publishes Another Quarter Of Growth In Q1 - Results For The Quarter Ending 31 March 2023

    Date 28/04/2023

    Highlights

    Delivering growth in the first quarter

    • Progress made in delivering Euroclear’s client-centric strategy, with a continued focus on resilience as a global financial market infrastructure.
    • Q1 net profit totalled EUR 796 million, including interest earnings on cash balances arising from the application of international sanctions related to Russia.
    • Operating income was EUR 1,380 million, an increase of 215%.
    • Business income of EUR 409 million (Q1 2022: EUR 405 million) and interest, banking, and other income of EUR 971 million (Q1 2022: EUR 32 million) reflect resilience of diversified business model driven by underlying revenue growth.