News Centre

ESMA: Review Of The MiFID II Framework On Best Execution Reports By Investment Firms

Date 24/05/2022

MiFID II requires execution venues and investment firms to publish periodic data on the quality of execution and has required ESMA to adopt technical standards in this area. Relevant technical standards are known as RTS 27 (applicable to execution venues) and RTS 28 (applicable to investment firms).

EEX Group Outlines Roadmap For Entry Into Voluntary Carbon Market - Global Listing Of A Dedicated Voluntary Carbon Market Product Suite – Launch In North America At Nodal Exchange In June And Followed By EEX In Europe In H2 2022

Date 24/05/2022

EEX Group continues its commitment to a sustainable future by entering the Voluntary Carbon Market (VCM), with a product suite addressing the increasing demand from corporates which seek to offset or neutralise their carbon footprint. Leveraging on its considerable experience in global carbon markets, EEX Group intends to bring enhanced levels of standardisation, transparency and security to the Voluntary Carbon Market.

FTSE UK Index Series – Indicative Annual Review Changes June 2022

Date 24/05/2022

FTSE Russell, the global index provider, advises of the following indicative changes to the FTSE 100 and FTSE 250, based on data as at Friday 20 May 2022.

GPW To Acquire Armenia Securities Exchange

Date 24/05/2022

• The CEOs of the Warsaw Stock Exchange (GPW) and the Armenia Securities Exchange (AMX) have signed a memorandum and initialled a Share Purchase Agreement
• The seller of the 65.03% stake in the Armenia Securities Exchange is the Central Bank of Armenia (CBoA)
• The ceremony at the World Economic Forum in Davos took place in the presence of the Presidents of Poland and Armenia: Andrzej Duda, President of the Republic of Poland and Vahagn Khachaturyan, President of Armenia
• The GPW Management Board and the GPW Supervisory Board approved the acquisition of shares in AMX on 19 May

Endor AG: BaFin Imposes Administrative Fine

Date 24/05/2022

On 13 May 2022, BaFin imposed an administrative fine amounting to 105,000 euros on Endor AG.

ECB: Results Of The March 2022 Survey On Credit Terms And Conditions In Euro-Denominated Securities Financing And Over-The-Counter Derivatives Markets (SESFOD)

Date 24/05/2022

• Overall credit terms and conditions offered by banks to counterparties tightened slightly from December 2021 to February 2022, mostly ahead of Russia-Ukraine conflict
• Market participants reported mixed results for financing conditions in securities financing markets, along with slightly deteriorating credit conditions and liquidity in OTC derivatives markets
• Longer term, market participants reported tighter overall terms and conditions for securities financing and OTC derivatives transactions

LMEpassport Sustainability Disclosures Multiply As New Certifications Added

Date 24/05/2022

•  Four new sets of standards and certifications now available on LMEpassport
•  Additional 17 producers now disclosing sustainability data
• Total of 26 producers and 160 disclosures now listed on LMEpassport

Nicolet Bankshares, Inc. Completes Listing Transfer To The New York Stock Exchange

Date 24/05/2022

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Nicolet Bankshares, Inc. (NYSE: NIC) completed its listing transfer and began trading today as an NYSE-listed company.

LCH ForexClear Welcomes Citadel

Date 24/05/2022

• Citadel has executed their first cleared FX non-deliverable forwards (NDFs) at LCH ForexClear, with Citi acting as the clearing broker
• Client clearing continues to see strong growth at the service with a record quarterly volume of $90bn of notional in Q1 2022, up 42% versus Q1 2021
• ForexClear provides clearing for NDFs, FX Options, FX Spot and FX Swaps & Forward Outrights

Amman Stock Exchange: A Public Holiday On 26th May 2022 To Celebrate Independence Day

Date 24/05/2022

In celebration of the 76th Independence Day the Hashemite Kingdom of Jordan, which falls on Wednesday, 25 May 2022, and the Prime Minister’s decision to declare a public holiday for ministries, official departments, institutions and public bodies on Thursday, 26 May 2022.