News Centre

FIA Backs International Effort To Promote "Effective Practices" For Variation Margin

Date 15/05/2024

FIA has responded to a discussion paper released by international standard setters that sets out eight "effective practices" for streamlining variation margin in centrally cleared markets. The discussion paper addresses the need for greater transparency and understanding of margin practices at central counterparties, particularly in light of recent episodes of market volatility triggered by the COVID crisis and Russia's invasion of Ukraine. 

Finansinspektionen: Four Reasons Not To Buy Cryptoassets

Date 15/05/2024

Right now, the media is filled with reporting on cryptoassets, and various investment tips are being shared on social media. Even though regulations for the cryptomarket are under development, it will continue to be very risky for consumers to invest in crypto. We have listed four reasons not to invest in them.

Apex Group Continues Its Global Operations Transformation With Key Strategic Hire

Date 15/05/2024

Apex Group, the global financial services provider, has appointed a new Global Head of Operational Transformation. Ken Fullerton will lead the Operational Delivery and Improvement team focusing on client-driven technology and business process initiatives and improvements. He will also oversee the Global Service Centres.

ICE Invests In Product And Pricing Innovation, Introduces Newly Enhanced ICE PPE And Advisory Group

Date 15/05/2024

Intercontinental Exchange , Inc. (NYSE: ICE), a leading global provider of technology and data, today announced investments focused on growing its mortgage secondary market offerings and enhancing the Encompass digital lending platform’s native product and pricing engine. ICE has dedicated resources to driving a robust roadmap of features and improvements for ICE PPE (formerly EPPS) and secondary market innovation, informed by the regular, ongoing input of the elite group of lenders making up the ICE PPE Advisory Group.

Nasdaq To Enhance Global Market Surveillance Offering With Generative AI

Date 15/05/2024

• Nasdaq to integrate Gen AI feature into its leading market surveillance technology for regulators andmarketplaces globally
• AI functionality will improve overall quality and efficiency of market abuse investigations for our clients,enhancing integrity of the financial system

The New York Stock Exchange Announces Launch Of The NYSE Tech Council - Comprising Senior Technology Leaders Of NYSE-Listed Companies, Exchange-Led Group Will Focus On Thought Leadership And Best Practices In Technology

Date 15/05/2024

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the formation of the NYSE Tech Council, a group of senior technology leaders within the NYSE community that will focus on thought leadership and actionable best practices.

Direxion Launches Two ETFs Tracking The Solactive US AI & Big Data Index

Date 15/05/2024

The artificial intelligence market is poised for continued growth, with the global AI market projected to reach US$106.50 billion in 2024 and increase to US$237.10 billion by 2030. The United States is expected to represent the largest market size at US$106.50 billion in 2024.1 Amid this booming AI landscape Solactive and Direxion have partnered to launch two new ETFs. The Direxion Daily AI and Big Data Bull 2X Shares (AIBU) and Direxion Daily AI and Big Data Bear 2X Shares (AIBD) will follow the performance of the Solactive US AI & Big Data Index. The index is designed to provide targeted exposure to companies at the forefront of driving innovation within the artificial intelligence and big data industries.

Direct Indexing Poised For Growth, Yet Barriers Remain, Finds FTSE Russell Advisor Survey

Date 15/05/2024

• 79% of advisors* are not using direct indexing, but 48% plan to start in the next 1-5 years 
• Educational gaps remain as less than half of respondents identified the potential client benefits of direct indexing
• Barriers to entry proved to be operational as well as educational 

Qatar Stock Exchange: MSCI Index Review Results: May 2024

Date 15/05/2024

MSCI announced on May 14th 2024 the results of the  MSCI Equity Indexes May 2024 Index Review. For the MSCI Qatar Indices the outcome of the review is as follows:

Eurex Joins Clearstream & VERMEG Partnership To Expand Use Of Collateral Of Its Leading Pan-European Cash-Driven Liquidity Pool

Date 15/05/2024

• Eurex joins partnership with software provider VERMEG to offer clients a unique collateral management solution connecting the Eurosystem Collateral Management System (ECMS), Clearstream’s Triparty services and Eurex’s GC Pooling.
• This partnership will provide new opportunities for collateral optimization via the re-use of collateral to increase clients’ Central Bank Credit Line within the new ECMS.