News Centre

Deutsche Börse Cash Market Trading Volumes In February

Date 01/03/2022

Deutsche Börse’s cash markets generated a turnover of €205.4 billion in February (previous year: €167.6 billion).

CI Global Asset Management Launches Two ETFs Tracking Solactive Innovation Indices: CI Bio-Revolution ETF And CI Digital Security ETF

Date 01/03/2022

CI Global Asset Management (“CI GAM”) releases two thematic ETFs tracking Solactive’s innovation indices, expanding its engagement with the German index provider. The ETFs, which are linked to the Solactive Global Genomics Immunology and Medical Revolution CAD Hedged Index NTR and the Solactive Digital Security CAD Hedged Index NTR, allow investors to have access to high-demand industries especially as the COVID-19 pandemic struck in 2019.

Hunyvers Lists On Euronext Growth Paris

Date 01/03/2022

• €13.8 million raised

• Market capitalisation of €44.7 million

• Alumna of Euronext’s FamilyShare programme

• 6th company listed on Euronext Paris in 2022

• 17th company listed on Euronext in 2022

CryptoCompare Digital Asset Management Review: Digital Asset Volumes Decline Despite Rising Prices & AUM

Date 01/03/2022

In February, the price of Bitcoin and Ethereum rose by 1.5% and 5.7%, respectively (data up to 24th February), a trend reversal from a multi-month decline that has seen the majority of cryptocurrencies fall from their November highs. 

The Spanish Stock Market Trades 34.3 Billion Euros In February, 25% More Than A Year Ago

Date 01/03/2022

• The number of Equity trades is 11.5% higher than in January
• New issues in the Fixed Income market increase 25.5% from February 2021
• Trading in IBEX 35 Futures increased by 25.8% and in Mini IBEX Futures by 23.1% compared to the same month of the previous year.

Boerse Stuttgart Records February Turnover Of Over EUR 10 Billion - Securitised Derivatives, Equities And Bonds Show Increase In Trading Volume Compared To The Previous Month

Date 01/03/2022

Based on the order book statistics, Boerse Stuttgart generated turnover of over EUR 10 billion in February – an increase of around 4 per cent compared to the previous month.

UK Financial Conduct Authority Sets Out New Employment Offer

Date 01/03/2022

The Financial Conduct Authority (FCA) has today set out a new employment offer designed to reward strong, consistent performance, aid career development and close pay gaps. 

Freetrade’s European Expansion Given The Green Light

Date 01/03/2022

• Commission-free investment platform, Freetrade, has been approved by the Swedish regulator to launch in Sweden
• With over 1.2 million users, Freetrade will offer Swedish investors the opportunity to invest in thousands of local and international stocks and ETFs

ESMA: The 2020 Short Selling Bans – Market Impact

Date 01/03/2022

The severe market stress of March 2020 pushed six European authorities to impose short selling bans in a coordinated way with the aim of limiting downward price spirals. These restrictions at the height the Covid-19 related market stress allow the academic question of the effects of short selling bans on market liquidity to be revisited. Our estimation relies on a difference-in-difference regression combined with matching techniques. Consistent with prior theoretical and empirical work, these short selling bans are associated with a liquidity deterioration, measured by significantly higher bid–ask spreads (+ 7.5 % of bid–ask spreads for stocks in banned jurisdictions during the restriction, compared to the control group) and Amihud illiquidity values (between + 2.2 % and 4.8 %). However, using two different measures of volatility, the analysis highlights that shares in banned countries exhibited a lower degree of volatility during the ban period. Distinguishing by stock characteristics, the deterioration of liquidity appears more pronounced for large-cap stocks, highly fragmented stocks and stocks with listed derivatives – pointing towards stronger effects for shares deemed as liquid. The econometric analysis undertaken did not identify any statistically significant correlation with abnormal returns, suggesting that the bans did neither harm nor sustain market prices. Finally, according to the analysis of net short positions data across European jurisdictions, the bans did not entail substantial displacement effects from non-banning to banning jurisdictions.

Cabka Lists On Euronext Amsterdam

Date 01/03/2022

• Listed through acquisition by Dutch Star Companies TWO, renamed Cabka N.V.

• 2nd SPAC business combination on Euronext markets in 2022

• 2nd successful business combination by Dutch Star Companies