News Centre

Emerging Prudential Lessons From The Covid Stress - Speech By Victoria Saporta, Bank Of England Executive Director, Prudential Policy, Given At A Bank Of England Webinar

Date 21/07/2021

Vicky Saporta reflects on the way in which the prudential rules we put in place after the 2008 financial crisis worked during the Covid pandemic.  

Nasdaq Announces Quarterly Dividend Of $0.54 Per Share

Date 21/07/2021

The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.54 per share on the company's outstanding common stock. The dividend is payable on September 24, 2021 to shareholders of record at the close of business on September 10, 2021. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

S&P Global Platts And ICE Issue Joint Paper And Open Market Consultations On The Evolution Of The Brent Complex

Date 21/07/2021

S&P Global Platts ("Platts"), the leading independent provider of information, analytics, and benchmark prices for the commodities and energy markets, and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today published a joint white paper and launched simultaneous consultations on the evolution of the Brent complex, which includes Dated Brent, Cash Brent, and ICE Brent Crude Oil futures.

Nasdaq Reports Second Quarter 2021 Results - Delivers 21% Increase In Revenue Compared To Prior Year

Date 21/07/2021

• Second quarter 2021 net revenues1 were $846 million, an increase of 21% over the second quarter of 2020. Compared to the prior year period, Solutions segments2 revenues increased 26% while Market Services revenues increased 13%.
• Annualized Recurring Revenue (ARR)3 was $1,808 million in the second quarter of 2021, an increase of 22% from the prior year period.
• Second quarter 2021 GAAP diluted earnings per share of $2.05 increased 41% compared to $1.45 in the second quarter of 2020. Second quarter 2021 non-GAAP4 diluted earnings per share of $1.90 increased 23% from $1.54 in the second quarter of 2020.
• During the first six months of 2021, the company returned $579 million of cash to investors, including $410 million in share repurchases and $169 million in dividends.

FEAS Newsletter: July 2021

Date 21/07/2021

Click here to download FEAS's newsletter.

IOSCO - Implementation Monitoring Of The PFMI: Level 3 Assessment Of Financial Market Infrastructures’ Business Continuity Planning

Date 21/07/2021

• The CPMI and IOSCO assessed the implementation of Principle 17 (Operational risk) of the Principles for financial market infrastructures in 38 FMIs from 29 jurisdictions.
• Surveyed financial market infrastructures (FMIs) have business continuity plans, reviewed at least annually and tested regularly, that included pandemic scenarios prior to Covid-19.
• The report identified one serious issue of concern in the area of recovery. The CPMI and IOSCO urge the relevant FMIs and their supervisors to take action to resolve these issues.

UK Financial Conduct Authority And The Bank Of England Encourage Market Participants In A Switch To RFRs In The LIBOR Cross-Currency Swaps Market From 21 September

Date 21/07/2021

Following close engagement with authorities across LIBOR jurisdictions and with market participants, the FCA and Bank of England support and encourage liquidity providers in the LIBOR cross-currency swaps market to adopt new quoting conventions for interdealer trading based on risk-free rates (RFRs) instead of LIBOR from 21 September this year. This is to facilitate a further shift in market liquidity toward RFRs, bringing benefits for a wide range of users as they move away from LIBOR.

Aeternal Mentis To Start Trading On BME Growth Next Friday, 23 July

Date 21/07/2021

• It is the ninth company to join this BME market in 2021

corfinancial’s Salerio Selected By Man Group As Treasury Solution For FX Processing

Date 21/07/2021

corfinancial today announces that Man Group, the global active investment management firm, has selected its treasury solution, Salerio, to manage the firm’s foreign exchange confirmation, settlement and netting processing.

Bitstamp Launches EURt, The First Euro-Pegged Stablecoin

Date 21/07/2021

Bitstamp, a leading cryptocurrency exchange, has today announced that it will launch trading of Tether tokens pegged on euro (EURt), the first euro-pegged stablecoin, providing a liquid, stable and trusted means of obtaining exposure to the single European currency.