News Centre

Investortools Adds ICE Bonds’ Muni Market Data To The Investortools Dealer Network

Date 16/03/2022

• Provides seamless access to ICE TMC municipal bond execution protocols
• Expands access to ICE’s municipal bond data and yield curves

BME’s Pre-Market Environment Adds Two New Partners: Cuatrecasas And Substrate AI

Date 16/03/2022

• Cuatrecasas is a pioneer in bringing companies to BME Growth and has collaborated and supported the equity and fixed income markets.
• Substrate AI will enable EpM companies and investors to understand, take part in and push forward the economic and social changes that Artificial Intelligence is bringing about.

DTCC Launches Treasury Kinetics Service, Providing Access To Repo Trade Data Amid Market Uncertainty - The Service Is Part Of The Firm’s Ongoing Effort To Increase Market Transparency And Provide New Insights As The Industry Continues To Navigate Volatility

Date 16/03/2022

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of DTCC Treasury Kinetics, a new service that provides access to critical U.S. treasury transaction data, increasing transparency into the repurchase agreement (repo) market. Leveraging data from the Government Securities Division of DTCC’s subsidiary, Fixed Income Clearing Corporation (FICC), this new service provides a daily summary of aggregated and anonymized trade activity including number of trades, volumes, dollar amounts and rates for delivery vs. payment (DVP) repo. On average, FICC matches, nets and settles repo transactions valued at more than $3 trillion dollars each day.

ICE Benchmark Administration Launches ICE Term SOFR Reference Rates As A Benchmark For Use In Financial Instruments

Date 16/03/2022

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched ICE Term SOFR Reference Rates as a benchmark for use in financial instruments by licensees.

Capital Markets Union: European Commission Proposes Simpler Rules To Make Settlement In EU Financial Markets Safer And More Efficient

Date 16/03/2022

The European Commission has today proposed changes to the Central Securities Depositories Regulation to enhance the efficiency of the EU's settlement markets, while safeguarding financial stability. Today's proposal is a key component of the 2020 Capital Markets Union Action Plan.

Nium Introduces New Global Brokerage Payments Solution To Provide Faster, Lower Cost Alternative To SWIFT Settlement - Solution Significantly Lowers Financial Institution Settlement Costs By Up To 90% For International Brokerage Account Transactions

Date 16/03/2022

Nium, a global leader in modern money movement, today introduced a new brokerage payments solution that offers international financial institutions (FIs) a faster and more cost-effective method of settling transactions to select U.S. brokerages enabling customers to easily invest in U.S. equities. When compared to transactions settled via the SWIFT International Payments Network, Nium lowers settlement costs for Financial Institutions by up to 90% for international brokerage account transactions.

Hong Kong Securities And Futures Commission Reprimands And Fines Emperor Securities Limited And Emperor Futures Limited $5.4 Million For Breaches Of Anti-Money Laundering Regulatory Requirements

Date 16/03/2022

The Securities and Futures Commission (SFC) has reprimanded and fined Emperor Securities Limited (ESL) and Emperor Futures Limited (EFL) (collectively, Emperor) $5.4 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) regulatory requirements.

BNP Paribas Asset Management Appoints Head Of Global Equities

Date 16/03/2022

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Nadia Grant as Head of Global Equities.  Based in London, Nadia joins on 4th April and will report to Guy Davies, CIO, Fundamental Active Equities.

AFME Appoints Caroline Liesegang As Head Of Prudential Regulation And Research

Date 16/03/2022

The Association for Financial Markets in Europe (AFME) has appointed Caroline Liesegang as Managing Director, Head of Prudential Regulation and Research, leading the Association’s work on the prudential framework for banks. Caroline succeeds Michael Lever, who retired at the end of 2021, after 10 years at AFME.

Leading European Bank Societe Generale Expands Client Offering Through DIFC

Date 16/03/2022

• Societe Generale Middle East reinforces its regional expansion strategy with license upgrade, reflecting its optimism in the region.
• Demonstrates client confidence in DIFC’s platform to capture growth opportunities.