News Centre

ICE Mortgage Technology’s Latest Origination Insight Report Shows Purchases Eclipse Refinances For First Time In 18 Months

Date 09/08/2021

ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, released its monthly Origination Insight Report (OIR) today. This month’s OIR notes that, of the total number of closed mortgage loans in June 2021, new home purchases represented a higher percentage than refinances. This is the first time since December 2019 that purchases eclipsed refinances in the OIR.

SEC Charges Poloniex For Operating Unregistered Digital Asset Exchange

Date 09/08/2021

The Securities and Exchange Commission today announced that Poloniex LLC has agreed to pay more than $10 million to settle charges for operating an unregistered online digital asset exchange in connection with its operation of a trading platform that facilitated buying and selling of digital asset securities.

Exegy Names Global FinTech Leader As New CRO - Craig Schachter Brings More Than 25 Years Of Experience In Financial Services

Date 09/08/2021

Exegy Inc., the global leader in low-latency market data and execution solutions, predictive trading signals, and hardware-acceleration technology, today announced the appointment of Craig Schachter as Chief Revenue Officer (CRO). In this newly created leadership role, Schachter will be responsible for setting and leading the organization’s global go-to-market strategy and execution, with a focus on superior business outcomes for the customer base.

Statement From US Secretary Of The Treasury Janet L. Yellen On The Debt Limit

Date 09/08/2021

Today, U.S. Secretary of the Treasury Janet L. Yellen released the following statement regarding the debt limit.

UK Financial Conduct Authority Publishes Decision Notice Against Financial Adviser For Pension Transfer Advice Failings

Date 09/08/2021

The Financial Conduct Authority has published a Decision Notice against Geoffrey Edward Armin of Retirement and Pension Planning Services Limited (In Liquidation) (RPPS).

Broadridge Onboards UBS Onto Distributed Ledger Repo Platform

Date 09/08/2021

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader, today announced that UBS has joined its transformative distributed ledger repo (DLR) platform. Early participants of the blockchain-enabled platform are accelerating their digital journey and realizing the significant and immediate benefits of reduced risk and operational costs as well as enhanced liquidity. The addition of UBS builds on the early platform success and accelerates the expansion of the DLR network, leveraging Broadridge’s fixed income platform that processes over $6T in average daily volume and includes 20 of the 24 primary dealers.  

LedgerEdge Selects Eventus Systems To Meet Global Trade Surveillance Needs For New DLT-Based Corporate Bond Trading Platform - Validus Platform Gains Further Traction In Fixed Income

Date 09/08/2021

Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that LedgerEdge, the new global corporate bond trading platform built on distributed ledger technology (DLT), has selected Validus as the real-time trade surveillance platform for all of its markets upon their launch.

London Stock Exchange Group: Amendment To Relationship Agreements

Date 09/08/2021

London Stock Exchange Group (LSEG) today announces an amendment to the terms of the Relationship Agreements (as defined below) between LSEG and the former shareholders of Refinitiv. The Relationship Agreements are being amended to allow the former Refinitiv shareholders to introduce leverage of up to 20% on the value of their entire shareholding in LSEG that is subject to lock-up provisions, including by allowing a pledge, charge or grant of another security interest (“Security Interest”) under a margin loan. There are no other changes to the Relationship Agreements or the original lock up provisions. All market related hedging activity in relation to the LSEG Shares underlying the Security Interest by any party continues to be prohibited, other than in the unlikely event of enforcement of the Security Interest. The agreed amendment is a common arrangement for large strategic shareholdings. 

All 21 Students From University Of Edinburgh Receive Stellar Results And Achieve 100% Pass Rate In CISI Professional Finance Exam

Date 09/08/2021

Two recent cohorts of students from University of Edinburgh have achieved outstanding results with a 100% pass rate in a professional finance exam.

HKEX Enhances Product Offering With Li Auto Debut

Date 09/08/2021

• Li Auto Futures and Options to be introduced on 12 Aug
• Li Auto shares to be included in Designated Securities Eligible for Short Selling on 12 Aug
• Issuers can list derivative warrants on Li Auto shares on 12 Aug