News Centre

LCH ForexClear Clears Standard Chartered And Indusind Bank’s First NDF Client Trade

Date 06/03/2023

• A record $516 billion in client notional cleared at ForexClear in 2022, with 69% from APAC clients.
• Transaction further reinforces LCH’s commitment to servicing clients in the APAC region.

Hogan Lovells, Zodia Custody, Produce A Digital Assets Custody Paper To Give Clarity To Institutions And Corporations As The Global Digital Custody Industry Grows

Date 06/03/2023

Global law firm Hogan Lovells today announced its recent collaboration with Zodia Custody, an institutional-grade crypto custody solutions provider, backed by Standard Chartered and Northern Trust, to produce a digital asset custody paper, which comes at a time where numerous institutions are pursuing ground-breaking digital asset projects, many of which require the services of digital asset custodians, and who seek clarity on digital asset custody for corporations and institutions.

Outflows Of US$17m Highlight Ongoing Regulatory Concerns - CoinShares: Fund Flows

Date 06/03/2023

• Digital asset investment products saw minor outflows totalling US$17m last week, marking the 4th consecutive week of negative sentiment.
• Bitcoin remains the focus, with outflows for the 4th consecutive week totalling US$20m, while short-bitcoin saw inflows for a third week totalling US$1.8m.
• The poor sentiment likely represents continued investor concerns over regulatory uncertainty for the asset class.

Borsa Istanbul: Announcement About Changes Made In The Precious Metals And Precious Stones Market Procedure Within The Scope Of The 6th Revision

Date 06/03/2023

Please click for the announcement

Qatar Stock Exchange And Qatar Development Bank Launch A Financial Program To Encourage SMEs To Be Listed On The Venture Market

Date 06/03/2023

Qatar Stock Exchange (QSE) and Qatar Development Bank (QDB) have announced a joint collaboration to facilitate the listing of small and medium-sized companies (SMEs) on QSE’s Venture Market (QEVM). The two organizations will cooperate to launch a new financing program to assist SMEs in their growth through covering the costs required for listing on QEVM and to meet the funding requirements of SMEs, which will promote their growth, development, and organizational flexibility.

ACER And ESMA Update Memorandum Of Understanding To Strengthen Cooperation

Date 06/03/2023

The EU Agency for the Cooperation of Energy Regulators (ACER) and the European Securities and Markets Authority (ESMA) have signed an updated Memorandum of Understanding (MoU) which strengthens collaboration between the two institutions. The MoU notably incorporates new cooperation areas under the Market Correction Mechanism (MCM) Regulation and benchmarks related to the energy sector. It also details the role of the recently established ACER–ESMA Task Force.

Euronext Corporate Services’ IntegrityLog Supports Greater Protection For Whistleblowers In Spain

Date 06/03/2023

Euronext Corporate Services’ IntegrityLog supports the implementation of the European Union (EU) Whistleblower Directive in Spain. The online tool can automate whistleblowing for companies in a safe and anonymous way to guarantee protection for whistleblowers.

Hong Kong Securities And Futures Commission Bans Citigroup Global Markets Asia Limited’s Former Responsible Officer Philip John Shaw For 10 Years

Date 06/03/2023

The Securities and Futures Commission (SFC) has banned Mr Philip John Shaw, a former responsible officer (RO), board member and Head of Pan-Asia Execution Services of Citigroup Global Markets Asia Limited (CGMAL), from re-entering the industry for 10 years from 4 March 2023 to 3 March 2033.

Intelligent Data Platform Provider DiffusionData Receives £1 Million Investment From NEDCF - Capital Will Help Fund Highly Active Product Development Pipeline. Following Initial Investment From Maven In 2020 While Trading As Push Technology, The Firm Has Opened A New Engineering Hub In Newcastle

Date 06/03/2023

The North East Development Capital Fund (“NEDCF”), supported by the European Regional Development Fund and managed by Maven Capital Partners (“Maven”), has supported data platform provider DiffusionData with a £1 million funding package. The investment will enable the business to continue with new product development and quality focus, to maintain and expand customer engagement and satisfaction with the brand and its expanding suite of exciting innovations.

Worldline And Printec Group Sign A Strategic Partnership For Financial Institutions And Merchants

Date 06/03/2023

Worldline [Euronext: WLN], a global leader in payment services, and Printec Group, a leading payment technology integrator in the CEE region, have signed a strategic partnership agreement. Focusing on two main areas, financial institutions and merchants, the partnership will enable Printec Group and Worldline to expand the range of payment services in 16 countries in Central and Eastern Europe.