News Centre

ACER Consults On Three Proposals On Electricity Balancing Capacity Procurement

Date 13/04/2023

ACER launches today a public consultation on electricity grid operators’ proposals for a harmonised cross-zonal capacity allocation methodology for procuring electricity balancing capacity.

London Stock Exchange Group Launches New Trading Service Supporting Best Execution For Retail Brokers On Turquoise Europe™

Date 13/04/2023

LSEG (London Stock Exchange Group) today announces the launch of a new innovative trading service, Turquoise Retail Max™. The service is designed to support European retail brokers in meeting their best execution obligations and deliver price improvement for end retail investors when trading pan-European securities. Turquoise Retail Max™ is available through Turquoise Europe™, the pan-European trading platform majority owned by LSEG in partnership with the user community.

GPW Group’s Stable Financial Results In 2022 In A Challenging Market Environment

Date 13/04/2023

• Revenue at PLN 389.3 mn, 4.5% lower than in record-high 2021
• Increase of operating expenses lower than the inflation rate
• Record-high share of profit of associates (KDPW)
• High financial income due to accumulated cash
• Net profit of PLN 145.0 mn, a net profit margin of 37.2%
• Dividend payment of PLN 115 mn (PLN 2.74 dividend per share)
• Finalisation of work on the GPW Group’s new strategy for 2023-2027

Agence France Locale Deploys Orchestrade To Achieve Next Level Of Growth

Date 13/04/2023

Agence France Locale (AFL), the unique French local government funding agency owned by French local authorities, has today announced it has completed deployment of Orchestrade, the leading modern, cross-asset, front-to-back trading and risk management platform, to lower its operational risk and improve its overall trading and risk management.

UK Prudential Regulation Authority Fines The Former Chief Information Officer Of TSB Bank Plc For A Breach Of The PRA’s Senior Manager Conduct Rules

Date 13/04/2023

The Prudential Regulation Authority (PRA) has fined Mr Carlos Abarca, the former Chief Information Officer (CIO) of TSB Bank plc (TSB), £81,620 for breaching PRA Senior Manager Conduct Rule 2 as he failed to take reasonable steps to ensure that TSB adequately managed and supervised appropriately its outsourcing arrangement in relation to its 2018 IT migration programme.

UK Economic Secretary Speech To The Lord Mayor’s Financial Literacy And Inclusion Summit

Date 13/04/2023

Good afternoon and thank you Lee for that introduction.

It’s good to be here today to discuss this vitally important topic – and thank you Lord Mayor for everything you have done in a short number of months.

Decision By The Nasdaq Stockholm Disciplinary Committee Regarding Goodbye Kansas Group AB

Date 13/04/2023

The Disciplinary Committee of Nasdaq Stockholm has found that Goodbye Kansas Group AB (the “Company”) has breached the Nasdaq First North Growth Market Rulebook (the “Rulebook”) and therefore ordered the Company to pay a fine of four annual fees, corresponding to an amount of SEK 467 000.

FESE: Realising The Capital Markets Union Ambition

Date 13/04/2023

Improving European capital markets requires a holistic look at legislation to ensure they have the lowest cost of capital accompanied with the highest depth of liquidity. The major reforms currently being discussed by the co-legislators are a true opportunity to strengthen capital markets and increase their attractiveness and resilience, which are critical to fostering economic growth in an increasingly volatile and uncertain macroeconomic environment.

Global X Launches ETF In Australia Tracking Solactive Australia ex Financials Materials And Energy Capped Index

Date 13/04/2023

Solactive is pleased to announce another collaboration with Global X in Australia, providing the asset manager with the Solactive Australia ex Financials Materials and Energy Capped Index, which serves as underlying for the new Global X Australia ex Financials & Resources ETF. Traditionally, amongst the top 200 largest listed companies on the ASX, the most represented industries have been financial services, basic materials, and energy, with an average combined weight of almost 50%. The Solactive Australia ex Financials Materials and Energy Capped Index excludes these three sectors from its selection in order to provide greater exposure to relatively smaller companies with potentially higher growth perspectives. Accordingly, the new Global X ETF provides investors with a new solution to gain a different kind of market exposure with greater focus on other important  areas of the Australian economy, such as consumption, healthcare, or technology.   

Top US-Based Bank Selects Temenos For Core Banking Modernization In The Cloud - Regions Bank Adopting The Temenos Banking Cloud To Modernize Deposit System And Elevate The Customer Experience

Date 13/04/2023

Further to the press release issued on 29 March 2023 (link), Temenos (SIX: TEMN) today announced that Regions Bank, a top  bank in the US, has selected Temenos to modernize its legacy systems for customers’ records and deposits on the Temenos Banking Cloud. The move to software as a service (SaaS) will enable Regions Bank to deliver more seamless customer experiences and more personalized banking products and services designed to help consumers and businesses reach their financial goals.