News Centre

ESMA Announces The Appointment Of James Von Moltke As Chairman Of The Euro Risk-Free Rates Working Group

Date 29/06/2021

The European Securities and Markets Authority (ESMA), in its capacity as Secretariat of the Working Group on Euro Risk-Free Rates (EUR RFR WG), today announced the appointment of James von Moltke, Chief Financial Officer and Management Board Member of Deutsche Bank AG, to Chair EUR RFR WG.

Eurex Group: EURO STOXX® 50 tick Size Reduction: Improving Price Discovery And The Implicit Spread

Date 29/06/2021

As markets evolve, so too must their constituent parts and tick sizes are no exception. Setting the right tick size in any contract is a balancing act between enabling liquidity at each price point and risking creating artificially wide spreads in which the bid and the ask cannot be narrowed. Set the tick size to large and end users will face artificially high execution costs, set it too low and liquidity at each price point will dissipate.

Brexit-Proof Fintech Provides Businesses With Innovative Payment & Treasury Tech

Date 29/06/2021

• Business listed in the Deloitte 50 Fastest Growing Tech Companies contracting with more than 60% of the London insurance market.
• Global network for international transactions is reimagining cross-border payments.
• “Brexit-proof” Dual EU / UK regulation keeps UK businesses close to mainland Europe.
• Innovative treasury management solution streamlines liquidity provision and brings the control of millions back to insurers.
• Insurance companies are using Vitesse for seamless international payouts, improved customer experience and unrivalled treasury and reporting functionality.

Pico Achieves Outsourced Provider Audit Report (OSPAR) Attestation From The Association Of Banks In Singapore - Certification Demonstrates Pico’s Commitment To Meeting The High Standards For Managed Service Providers Set By The Financial Services Industry In Singapore

Date 29/06/2021

Pico, a leading provider of technology services for the financial markets community has attained Outsourced Provider Audit Report (OSPAR) attestation in Singapore, highlighting Pico’s strong record of robust governance and operational excellence.

corfinancial’s Salerio Selected By Man Group To Migrate OASYS Trade Processing

Date 29/06/2021

Salerio, the post-execution trade processing solution from corfinancial, has been selected by Man Group, the global active investment management firm, to assist in their migration from the OASYS™ US securities trade processing flows to the DTCC’s Institutional Trade Processing (ITP) CTM™ (Central Trade Manager) platform.

Nasdaq’s Quandl And Marex Announce Exclusive Data Partnerships - Release Daily Commodities Speculative Positioning - First Product, Marex Daily Speculative Positioning, Allows Traders To Track Global Commodities Flow On Daily Basis

Date 29/06/2021

Nasdaq’s Quandl, a leading provider of alternative and core financial data, today announced an exclusive and innovative data partnership with UK commodities financial services company Marex. The first of several products the two organizations will be launching is a new dataset that tracks daily aggregate holdings across the global commodities market - Marex Daily Speculative Positioning (MDSP).

QuantHouse Partnership With Brave New Coin Empowers Crypto Investors With Data, Indices And Analytics To Improve Trading - Indices Designed To Power Price Discovery, Pricing Derivatives, Offering Basket Indices And More

Date 29/06/2021

Brave New Coin , a leading data analytics and research company backed by Techemy Ltd., today announced a partnership with QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, an algo trading platform, and infrastructure products and part of Iress (IRE.ASX), to offer Brave New Coin’s data feeds, Indices and Analytics to QuantHouse customers. Upon launch, QuantHouse will feature Brave New Coin’s high-speed single asset indices for top ten crypto assets, plus the Brave New Coin DeFi Index.

Europex: ACER Consultation On The Draft Framework Guideline On Sector- Specific Rules For Cybersecurity Aspects Of Cross-Border Electricity Flows

Date 29/06/2021

Together with the All NEMO Committee, we welcome this opportunity to provide input on ACER’s draft Framework Guideline on electricity sector-specific rules for cybersecurity and see the value in ensuring a high standard of cybersecurity. However, in this response we would like to stress that the FG should complement existing cybersecurity requirements such as those in the proposed NIS 2 Directive and avoid unnecessary duplication. Furthermore, harmonisation across Member States will be critical to identify cross-border cybersecurity risks efficiently and ensure that communication obligations are well tailored as to avoid unduly increasing the workload of entities in scope.  

Bank Of England Agrees Lease Of Roehampton Sports Centre And Grounds To All England Lawn Tennis Club

Date 29/06/2021

The Bank of England has agreed a 15-year lease of Roehampton sports centre and grounds to the All England Lawn Tennis Club (AELTC).

Eurex Introduces Futures On ESG Fixed Income Indexes In Cooperation With Bloomberg

Date 29/06/2021

• Futures to be launched on both the Euro Corporate SRI Index and the Global Green Bond Index
• New futures offer a range of possible use cases including liquidity and cash management, portfolio overlay strategies and hedging