News Centre

Deutsche Börse Group: Business Indicators For April 2023

Date 15/05/2023

A summary of Deutsche Börse Group's business indicators for April 2023 is now available on the Deutsche Börse website:

FTSE Russell Launches The FTSE UK ESG Risk-Adjusted Index Series

Date 15/05/2023

• The new index series includes ESG adjusted variants of the flagship FTSE 100, FTSE 250, FTSE 350 and FTSE All-Share indices
• Methodology Risk and return characteristics are balanced with ESG characteristics to provide an investible ESG alternative to the standard UK Equity Index Series
• Index integrates ESG risks such as controversial products and conduct, carbon (emissions and reserves) and the management of ESG issues

NGX Reiterates Commitment To Upholding Market Transparency Rules, Regulations

Date 15/05/2023

Nigerian Exchange Limited (NGX) reiterates its commitment to supporting the enforcement of regulations that enhances transparency in the capital market, by reminding investors to comply with rules on disclosure of substantial holdings in listed companies.

BETTER FINANCE: Withholding Tax On Cross-Border Dividends In The EU Continues To Be A Nightmare For Investors

Date 15/05/2023

Many investors commonly use the strategy of investing in dividend stocks. Yet, investors holding foreign shares often have to pay additional withholding tax on dividends in the respective country. A recent survey conducted by BETTER FINANCE and DSW among 3,000 investors across the EU found that withholding tax (WHT) refund procedures are cumbersome and costly, making it difficult or financially unreasonable for non-professional investors to reclaim excess withholding tax on cross-border dividend income. More than 90% of European investors find the WHT reclaim procedure overall difficult, while in close to 70% of cases the investors incurred costs. Moreover, substantial knowledge and compliance with refund procedures are required, and delays are also detrimental, thus undermining investors' confidence in cross-border investment within the EU. [...]

CFTC Commissioner Pham Announces Proposed Work Program For CFTC Global Markets Advisory Committee And Seeks Input By May 30

Date 15/05/2023

Commissioner Caroline D. Pham announced today the 2023-2025 proposed work program for the Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), including the Global Market Structure Subcommittee, the Digital Asset Markets Subcommittee, and the Technical Issues Subcommittee. Commissioner Pham is the sponsor of the GMAC and is seeking input to the proposed work program. The deadline for input is May 30, 2023.

DTCC Appoints Kevin Kessinger As Non-Executive Chairman Of Board Of Directors Upon Planned Retirement Of Robert Druskin At The End Of 2023

Date 15/05/2023

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that DTCC Board member Kevin M. Kessinger has been appointed Non-Executive Chairman of the DTCC Board of Directors and Chairman of the Board Executive Committee, effective January 1, 2024. Kessinger assumes the Non-Executive Chairman position from Robert Druskin, who is retiring from the DTCC Board at the end of 2023 after serving twelve years.

Fiserv To Present At Upcoming Investor Conferences

Date 15/05/2023

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced its participation in multiple upcoming investor conferences.

Bank Of England: Transforming Data Collection – Reporting Transformation Committee Meeting – 28 November 2022

Date 15/05/2023

The Reporting Transformation Committee will focus on overseeing the design of solutions for parts of the reporting process where the Bank, FCA and reporting firms interact directly. This will cover aspects of modernising reporting instructions and creating a better integrated end-to-end reporting process.

Nasdaq Announces 2023 Annual Meeting Of Shareholders

Date 15/05/2023

Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled its 2023 Annual Meeting of Shareholders for June 21, 2023, at 8:00 AM ET. Shareholders of record will be able to vote and ask questions online during the meeting. The virtual meeting website will be accessible 15 minutes prior to the meeting start by visiting: www.virtualshareholdermeeting.com/NDAQ2023.

HKEX Celebrates Launch Of Swap Connect

Date 15/05/2023

Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrated the launch of Swap Connect, the new mutual access programme between Hong Kong and Mainland China’s interbank interest rate swap markets, with a ceremony held at HKEX Connect Hall and in Beijing. HKEX, through its clearing subsidiary OTC Clear, has been working with China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House (SHCH) to support the trading and clearing of Swap Connect, which is launching initially with a Northbound channel.