News Centre

ESMA Updates Its Opinion On Ancillary Activity Calculations

Date 06/05/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, published today an updated Opinion on ancillary activity calculations. The opinion provides the estimation of the market size of commodity derivatives and emission allowances for 2020.

KBS Capital Markets Ltd/imctrades.com/imctrades.io Trading Platform: BaFin Prohibits Unauthorised Portfolio Management

Date 06/05/2021

In a notice dated 22 April 2021, BaFin ordered KBS Capital Markets Ltd, Marshall Islands, as the operator of the imctrades.io trading platform, to immediately cease its unauthorised portfolio management activities.

Phillip Futures Offers Derivatives Trading On Hanoi Stock Exchange Via CQG Platform

Date 06/05/2021

Phillip Futures, one of the region's top brokerages, announced a new milestone in its partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges. Phillip Futures will now offer VN30 futures from the Hanoi Stock Exchange (HNX) to its customers using the CQG platform.

Vienna Stock Exchange: Biogena Group Invest Moves Up Into Direct Market Plus

Date 06/05/2021

After carrying out a capital increase, Biogena Group Invest AG is uplisted into the direct market plus. Representatives of the Biogena Management team opened the trading day by ringing the stock exchange bell. The Austrian company, headquartered in Salzburg, was admitted to continuous trading on the Vienna Stock Exchange for the first time in fall 2020; the initial listing took place on 27 November 2020 in the entry segment direct market. The business activity of Biogena Group, in which Biogena Group Invest AG is a shareholder, is the development, production and marketing of science-based premium micronutrient preparations based on the pure-substance principle, as well as being a reliable knowledge and service partner in the field of health, nutrition and well-being. The main focus of the Austrian micronutrient pioneer with its claim to state-of-the-art research and radical quality lies in particular in the areas of iron, mineral and osteoporosis product innovations in use for therapy support and prevention, as well as new integrated solutions in the area of workplace health promotion and diagnostics.

Moscow Exchange: Risk Parameters Change For The Security U000A0JU6A1

Date 06/05/2021

As per the Securities market risk parameters methodology, on 06.05.2021, 14-58 (MSK) the upper bound of the price band (up to 109.73) and initial margins (up to 17.5 %) for the security RU000A0JU6A1 were changed. New values are available here

Baton Systems Integrates With LCH To Deliver End-To-End Automation Of The Collateral Workflow

Date 06/05/2021

Baton Systems (“Baton”), a provider of post-trade solutions for financial markets, has integrated with LCH, a leading global clearing house, to automate the end-to-end collateral workflow for derivatives participants. J.P. Morgan will be the first of Baton’s clients to manage their collateral at LCH using the Baton platform. The partnership expands Baton’s network of central counterparties (CCPs) that now includes several of the world’s largest exchange operators.

EDHEC-Risk Institute: Hedge Fund Performances Take A Break In A Rising Stock Market

Date 06/05/2021

Click here to download the latest performance update of the EDHEC-Risk Alternative Indexes.

Fiserv to Present At MoffettNathanson’s Annual Payments, Processors And IT Services Summit

Date 06/05/2021

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that   Frank Bisignano, President and Chief Executive Officer, will present at MoffettNathanson’s Annual Payments, Processors and IT Services Summit on May 10, 2021 at 1:00 p.m. ET.

ICE Mortgage Technology Millennial Tracker Finds Millennial Purchase Activity Increases, Even As Rates Rise

Date 06/05/2021

ICE Mortgage Technology ™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that according to the ICE Mortgage Technology™ Millennial Tracker purchase activity among millennials increased in March, even as interest rates rose for the first time since October 2020.

Regulation For A Different World - Speech By Our CEO, Nikhil Rathi, Delivered At Association Of Foreign Banks – CEO Programme 2021 – The UK Regulatory Landscape Post-Brexit And Beyond

Date 06/05/2021

Highlights

• The FCA will continue to be a regulator that supports open, competitive markets with responsible innovation.
• Our regulation of overseas firms is aimed at achieving the same high standards of conduct and behaviour as our regulation of domestic firms, and ensuring a level playing field.  
• International regulatory cooperation with other supervisors and global standard-setting bodies is ever more vital – working towards the same outcomes as other regulators allows us to defer to each other more and avoid duplication of regulatory requirements.  
• We recognise the increased flexibility that is available to the UK following exit from the European Union and will use this for the benefit of UK financial markets and consumers.
• Other key areas of focus in international regulation include ESG and the sustainability agenda, and dealing with financial crime.