News Centre

Trading platform lplinvest.com: BaFin Investigates WP HOLDING UND MANAGEMENT LTD

Date 21/12/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that WP HOLDING UND MANAGEMENT LTD has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin.

Moscow Exchange: Risk Parameters Change For The Security BLUE-RM

Date 21/12/2021

As per the Securities market risk parameters methodology, on 21.12.2021, 17-53 (MSK) the upper bound of the price band (up to 954) and initial margins (up to 87.5 %) for the security BLUE-RM were changed. New values are available here

Trading Technologies To Be Acquired By 7RIDGE - Enables Continued Expansion Of Its Industry-Leading Technology Platform To Become The Operating System Of Capital Markets, Preserving TT’s Independence

Date 21/12/2021

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that the company has agreed to be acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies. 7RIDGE will fuel Trading Technologies’ organic growth and enable the firm to make targeted strategic acquisitions in the future. Cboe Global Markets, Inc. (Cboe: CBOE) and Singapore Exchange (SGX), who are among the limited partners of the fund managed by 7RIDGE, have voiced their support of the transaction. Terms of the transaction, expected to close before year-end subject to regulatory approvals, were not disclosed.

24 December 2021 To Be Non-Trading Day For US Shares On MOEX

Date 21/12/2021

On 24 December 2021 (Christmas Eve in the US), no trading of shares of US companies will take place on Moscow Exchange through MOEX’s central T+ order books.

BETTER FINANCE - Robo-Advice: Automated? Yes. Intelligent? Not So Much

Date 21/12/2021

From virtual meetings and parties to shopping and dating online, people have en masse moved countless aspects of their lives into the virtual sphere due to restrictions imposed by the ongoing global Covid-19 pandemic. Financial matters and investments are no different in this regard, as illustrated by a marked increase in retail participation in financial markets and a shift over the last 20 months towards FinTech investment solutions such as Robo Advisors and online brokerage platforms.

Moscow Exchange: Risk Parameters Change For The Security CTXS-RM

Date 21/12/2021

As per the Securities market risk parameters methodology, on 21.12.2021, 17-38 (MSK) the upper bound of the price band (up to 7174) and initial margins (up to 25.5 %) for the security CTXS-RM were changed. New values are available here

ICE Transitions Sterling And Euroswiss LIBOR-based Derivatives To SONIA And SARON Ahead Of Sterling And Swiss Franc LIBOR Cessation

Date 21/12/2021

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has transitioned all open interest held in its LIBOR-based Three Month Sterling futures and options and Three Month Euro Swiss Franc (Euroswiss) futures into their risk free rate (RFR) equivalent contracts, Three Month SONIA Index futures and options and Three Month SARON Index futures.

UK Financial Conduct Authority - 10% Depreciation Notifications: Further Extension Of Temporary Measures For Firms

Date 21/12/2021

Since March 2020 the FCA has adopted temporary measures on the requirement for firms to issue 10% depreciation notifications to investors (COBS 16A.4.3 UK).

Moscow Exchange To Launch Euro FX Futures

Date 21/12/2021

On 27 December 2021, futures contracts on Euro exchange rates will begin trading on the Moscow Exchange Derivatives Market.

ACER And ENTSO-E Investigate The Incident In The Polish Power System On 17 May 2021

Date 21/12/2021

• ACER and national regulators join ENTSO-E’s Expert Panel investigating the incident which led to the loss of around 3,300 MW of generation capacity.
• No impact on consumers nor on the operation of the synchronously interconnected power system of Continental Europe.
• The Expert Panel will identify the causes and make recommendations in a Final Report.