News Centre

Remarks Of CFTC Commissioner Dawn D. Stump On Clearing-Up A Few Things About Clearing

Date 21/04/2021

During the past decade, the focus in the derivatives clearing space has been implementation of new clearing mandates for over-the-counter (OTC) products—a response to the last crisis.  But no one could have predicted what was to come, and as a crisis of a different sort emerged and the pandemic surged in 2020, the global derivatives markets experienced a real-time stress test, surviving heightened volatility, increased volumes, and interest from a wider variety of market participants.

Liquidnet Report - Part 1: IPOs, The Backbone Of SME Eco-Structure

Date 21/04/2021

Click here to download  a report by technology-driven, global institutional investment network, Liquidnet, titled IPOs, the backbone of SME eco-structure. The report is Part One of a four-part series, Solving the SME Conundrum, which analyses the challenges facing SMEs and their access to capital markets.

ICE Announces That A Record 18,848 Murban Crude Oil Futures Contracts Traded On April 20

Date 21/04/2021

• 132,450 contracts traded in total on ICE Futures Abu Dhabi since launch
• Liquidity out to January 2022 contract
• Record Open Interest of more than 42,000 contracts

Market Participants Identify Key Operational Areas For Improvement Post-Pandemic In New DTCC Paper - Reconciliations, Valuations, Collateral And Fails Management Top Areas Of Opportunity - Firms Express Support For Accelerating The US Securities Settlement Cycle

Date 21/04/2021

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today published a white paper examining how capital markets operations responded during the COVID-19 pandemic and where market participants are focused in a post-pandemic future.

ICE Mortgage Technology Announces Launch of Encompass® eClose Offering - Paving The Way For The Industry’s First True End-To-End eClosing Solution

Date 21/04/2021

ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of Encompass® eClose™, a leading-edge solution that will transform the way mortgage loans are electronically closed in the country. The solution will enable lenders to electronically facilitate every aspect of the eClosing workflow, from ordering documents to delivering to loan investors – and all the pieces in between – without ever having to leave Encompass, the industry’s most recognized loan origination system.

Call For Papers: 2021 Annual Meeting Of The Central Bank Research Association (CEBRA)

Date 21/04/2021

The FSB invites academic paper submissions for a plenary session on the topic of ‘Interconnectedness, Bond Market Liquidity and Financial Stability’ at the 2021 Annual Meeting of CEBRA. The conference is jointly organised with the Leibniz Institute for Financial Research “Sustainable Architecture for Finance in Europe” (SAFE) and will take place virtually at the MIT Golub Center for Finance and Policy from 7-9 July 2021.

BornTec Grows Global Sales Reach Through Strategic Partnership With CapitalMarkets.Technology And Expansion Of Sales Team

Date 21/04/2021

BornTec, a software solutions provider for trade data analysis and reporting, today announced the signing of a reciprocal distribution agreement with CapitalMarkets.Technology, whereby CM.T will resell BornTec’s products in Germany, France, Switzerland, and the Benelux and Nordic regions, and BornTec will resell CM.T’s products and services in the Americas region. The partnership will provide both firms a broader geographic reach to transcend their primary markets, with boots on the ground and the ability to sell to and support the nuances of local markets in their respective languages.

Nasdaq Announces 10% Increase In Quarterly Dividend To $0.54 Per Share

Date 21/04/2021

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 June 25, 2021 to shareholders of record at the close of business on June 11, 2021. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

FlexTrade Enhances FlexONE OEMS With QuantHouse's Quantfeed Solutions For Market Data - Alternative Investment Firm Magnetar Capital First To Adopt New QuantFEED Solutions In FlexONE OEMS, Optimizing Executions And Data Consumption Via Integrated Interface

Date 21/04/2021

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, an algo trading platform, and infrastructure products, today announced the integration of QuantHouse’s QuantFEED Solutions for market data into the FlexONE OEMS.

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

Date 21/04/2021

• First quarter 2021 net revenues were $851 million, an increase of 21% over the first quarter of 2020. Compared to the prior year period, Solutions segments2 revenues increased 22% while Market Services revenues increased 20%.
• Annualized Recurring Revenue (ARR)3 was $1,760 million in the first quarter of 2021, an increase of 21% from the prior year period.
• First quarter 2021 GAAP diluted earnings per share of $1.78 increased 46% compared to $1.22 in the first quarter of 2020. First quarter 2021 non-GAAP4 diluted earnings per share of $1.96 increased 31% from $1.50 in the first quarter of 2020.
• Nasdaq advanced its strategic positioning by completing the acquisition of Verafin, establishing the company as a leading anti-financial crime technology provider.
• Also in the first quarter of 2021, Nasdaq agreed to sell its U.S. Fixed Income business, which will allow the company to concentrate resources on its technology, analytics and ESG opportunities.
• The company is announcing a 10% increase to the quarterly dividend, to $0.54 per share, and returned $243 million of cash to investors in the first quarter of 2021, including $162 million in share repurchases.