News Centre

Turning Points And Monetary Policy Strategy - Speech By Catherine L. Mann, Bank Of England, Member Of The Monetary Policy Committee, Given At The Lámfalussy Lectures Conference In Budapest, Hungary

Date 06/02/2023

Catherine L. Mann talks about how we use data to spot turning points in the economy. She explains how that feeds into her policy decision.

Themis Appoints New Chairman Following Closure Of Pre-Series A Funding Round

Date 06/02/2023

Matthew Hurn OBE has been appointed as Chairman of award-winning digital financial crime platform Themis. This follows Themis’ announcement last week of successfully overfunding in their Pre-Series A round, raising a total of £3.1 million. Effective 1st February, Hurn succeeds Richard Reid, who retires after serving as Chairman for the past three years. Reid remains on the Advisory Board as a trusted Senior Advisor.

HKEX Monthly Market Highlights

Date 06/02/2023

Highlights

- Securities Market

• Market capitalisation was $39.0 trillion at the end of January 2023, an increase of 9 per cent from $35.7 trillion at the end of December 2022.
• The average daily turnover in January 2023 was $140.0 billion, an increase of 3 per cent when compared with $135.5 billion in December 2022, and an increase of 9 per cent from $128.6 billion for the same period last year.
• The average daily turnover of ETFs in January 2023 was $13.6 billion, an increase of 92 per cent when compared with $7.1 billion for the same period last year.
• The average daily turnover of L&I Products in January 2023 was $2.5 billion, an increase of 108 per cent when compared with $1.2 billion for the same period last year.
• There were 10 newly listed companies in January 2023, compared with 4 for the same period last year.

Year In Review 2022: Record-Breaking Year For Financial Sector Jobs In England And Wales

Date 06/02/2023

• Financial services vacancies in London were up 27.4% on 2021
• Q1 2022 was the peak quarter for jobs in the Fintech sector
• Vacancies for IT professionals sought-after despite decrease of -9.3%
• Radius Payment Solutions was the busiest Fintech firm in 2022

Time Running Out For Buy-Side On SEC MiFID II No-Action Letter Expiry - Latest Substantive Research Survey Shows The Markets Are Unprepared For Iminent Structural Changes Impacting The Investment Research Industry From Summer 2023

Date 06/02/2023

• Asset managers are increasingly doubtful that brokers will solve research payment challenges by becoming Registered Investment Advisors (RIAs) - 73% now do not expect US brokers to register as RIAs (vs. 33% in Aug 2022).
• On the likelihood of European asset managers solving the issue by creating structures to generate commissions from trading, the number of firms that will ‘definitely not adapt their processes’ rose to 43% from 36% last year.
• On US brokers being paid via their European business units as a solution to the problem, 60% of respondents thought this the most likely outcome (unchanged from last year), but the number saying this would not work grew from 11% to 23%. 

Cryptoasset Firms Marketing To UK Consumers Must Get Ready For Financial Promotions Regime

Date 06/02/2023

All cryptoasset firms marketing to UK consumers, including firms based overseas, will soon need to comply with the new UK financial promotions regime. Firms must start preparing now for this regime. We will take robust action against firms breaching these requirements.

Circular On Self-Regulatory Measures Taken By CFFEX In January 2023

Date 06/02/2023

To prevent market risks, maintain the orderly operation of the market and protect investors’ legitimate rights and interests, China Financial Futures Exchange (CFFEX) took the following self-regulatory measures against violations of exchange rules in January 2023.

London Stock Exchange Group PLC Transaction In Own Shares

Date 06/02/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange from Morgan Stanley & Co. International Plc (Morgan Stanley) as part of the second tranche of its share buyback programme, as announced on 7 October 2022:

Shenzhen Stock Exchange Market Bulletin, February 3, 2023, Issue 1

Date 06/02/2023

Click here to download Shenzhen Stock Exchange's market bulletin, issue 1.

HKEX Signs Cooperation Agreement With Saudi Tadawul Group

Date 06/02/2023

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce it has signed a Memorandum of Understanding (MOU) with the Saudi Tadawul Group Holding Company (Saudi Tadawul Group), the stock exchange operator in the Kingdom of Saudi Arabia, to explore cooperation in a number of areas that will bring mutual benefit to both organisations’ financial markets.