News Centre

DMA Prime Selects TORA For Multi Asset OEMS And Outsourced Trading

Date 14/07/2021

TORA, provider of industry leading trading technology, has today announced that DMA Prime (a division within the DMA Group), a provider of execution and prime brokerage services to institutional asset managers in South Africa, has selected TORA’s OEMS and TORA’s outsourced trading service.

Improve The System Of Rules For Innovative Product Types And Strengthen The Capability Of Capital Market To Serve National Strategies – Shenzhen Stock Exchange Revises The Business Guidelines For Green Corporate Bonds And Rural Revitalization Corporate Bonds

Date 14/07/2021

On July 13, SZSE released the Business Guidelines for Innovative Corporate Bonds No. 1 - Green Corporate Bonds (Revision 2021) and the Business Guidelines for Innovative Corporate Bonds No. 3 - Rural Revitalization Corporate Bonds (Revision 2021). The business guidelines have included carbon neutrality bonds, rural revitalization bonds, etc. into the existing types of innovative corporate bonds and further defined the issuance conditions, purposes of raised funds and requirements on application materials, refining the system of rules for fixed income products. It is an important measure of SZSE to earnestly implement the decisions and plans of the CPC Central Committee and the State Council, unswervingly apply the new development philosophy, actively give play to the functions and product advantages of exchange-traded bond market, and better serve national strategies such as green development and rural revitalization.

Hana Bank Becomes First Korean Bank To Clear At LCH ForexClear

Date 14/07/2021

• Hana Bank has gone live as a client clearing FX derivatives at LCH
• Societe Generale is acting as Hana Bank’s clearing broker
• Members and clients of ForexClear benefit from enhanced risk management, as well as margin, capital and operational efficiencies
• Further demonstration of ForexClear’s continued growth in Asia and globally

Deutsche Börse - ETFs: Trading Volumes Of Sustainable Investment Products Triple

Date 14/07/2021

• Monthly trading volumes of ESG ETFs on Xetra reach €2.7 billion
• With more than 350 products, Xetra offers the largest selection of listed ESG ETFs in Europe
• Information offering based on the Sustainable Financial Disclosure Regulation (SFDR) supports investors in their ESG investment decisions

ACER: First Volume Of The Market Monitoring Report Released: The Functioning Of The EU Internal Gas Market Continues To Improve

Date 14/07/2021

Despite the unprecedented impact of COVID-19 over the economy of the EU, the functioning of the EU gas market continued to improve in 2020. This has been evidenced by increase in markets’ price integration and supply competition, as well as by the rise in liquidity at many gas trading hubs. Markets representing three quarters of EU gas consumption are assessed today as well-functioning and sufficiently integrated. Other jurisdictions with some of the historically less developed hubs are also showing promising signs of progress.

The World Federation Of Exchanges Seventh Annual Sustainability Survey Shows Continued Increase In Engagement

Date 14/07/2021

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, today published the results of its seventh annual Sustainability Survey.

Threat Of Greenwash On The Rise As Sustainability Reaches Crucial Tipping Point, Finds Annual Trends Report From Generation Investment Management

Date 14/07/2021

• Annual Sustainability Trends Report highlights a year of tipping points as governments, businesses and investors prepare for COP26
• Sustainability-related financial volumes have tripled since 2015 and are now counted in the trillions, but greenwash poses a serious and growing threat
• Social equity and justice must be linked with action on climate and nature to truly "Build Back Better"

Tiedemann Acquires Leading London Multi-Family Office Holbein Partners LLP - Holbein Joins Tiedemann Constantia As Part Of Tiedemann's Broader International Growth Strategy

Date 14/07/2021

Tiedemann Constantia, the international operations of Tiedemann, one of the US's largest independent investment and wealth advisors for high-net-worth families, trusts, foundations and endowments, announced today the acquisition of London-based multi-family office Holbein Partners LLP, subject to FCA approval.

SIX Trader Survey: Inflation Expectations And Pandemic Recovery To Drive Trading Volumes

Date 14/07/2021

New research from SIX reveals that traders on the Swiss stock exchange expect inflation and a post-COVID recovery to drive trading volumes in the second half of 2021.

UK Financial Conduct Authority Publishes Second Letter Of Concerns In Relation To Provident's Proposed Scheme Of Arrangement

Date 14/07/2021

The FCA has published a second letter of concerns explaining to Provident why it does not support its proposed scheme of arrangement (the scheme). We expect that Provident will bring our letter to the court’s attention at the sanction hearing, which is scheduled for 30 July 2021, when the Court will be asked to sanction the scheme.