News Centre

LiquidityBook Finishes Volatile Year With Record Revenues, Major Staff Expansion - SaaS-Based POEMS Provider Exceeds Pre-Pandemic Sales Targets

Date 28/01/2021

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced its business soared to new heights in 2020, exceeding internal goals on revenue growth, client wins and staffing amid daunting circumstances. This strong performance was fueled by a continued rise for its industry-leading POEMS (portfolio, order and execution management system) platform, which provides significant cost, management and functionality benefits over legacy platforms.

ACER: New REMIT Quarterly Just Published

Date 28/01/2021

The 23rd edition of ACER’s REMIT Quarterly has been published on the REMIT Portal. Covering the last quarter of 2020, this edition highlights the impact that Brexit and Covid-19 have had on the implementation of REMIT, describes ACER’s data quality work in 2020, and summarises some important publications recently published, including the Q&As on REMIT fees and the Open Letters on Brexit, Covid-19, and data quality.

Refinitiv Adds Cybersecurity And Company Credit Risk Ratings To Due Diligence Reports - Partnerships With BitSight And Creditsafe Follow Inclusion Of ESG Data From Sigwatch And Acquisition Of The Red Flag Group

Date 28/01/2021

Refinitiv is further expanding the scope of its data-driven due diligence reports with the addition of cybersecurity and company credit risk ratings from BitSight and Creditsafe. The data partnerships follow Refinitiv’s recent inclusion of ESG data and its acquisition of The Red Flag Group.

BaFin Files Criminal Complaint Against Employee On Suspicion Of Insider Trading In Wirecard

Date 28/01/2021

On 27 January 2021, BaFin filed a criminal complaint to the public prosecutor’s office in Stuttgart against an employee on suspicion of insider trading. The employee, working in BaFin’s Securities Supervision Sector, had sold structured products with Wirecard AG shares as the underlying on 17 June 2020. On 18 June 2020, Wirecard AG publicly announced that there was still a lack of sufficient audit evidence on the existence of trust account balances totalling EUR 1.9 billion. The suspected case of insider trading was revealed during a special inspection conducted by the supervisory authority. BaFin immediately suspended the employee and initiated disciplinary proceedings.

UK Financial Conduct Authority Asks Banks To Reconsider Branch Closures During Coronavirus Lockdown

Date 28/01/2021

Firms are reminded to consider the impact of national restrictions on compliance with the Principles, given our existing guidance on branch closures. 

Montagu Private Equity To Acquire Majority Position In ITRS Group From TA Associates

Date 28/01/2021

Montagu Private Equity (“Montagu”), a leading European private equity firm, today announces it has agreed to acquire a majority position in ITRS Group (“ITRS”), a leading global provider of real-time monitoring and analytics software from TA Associates (“TA”), who will remain a minority holder alongside Montagu and Management. Completion is expected next month, subject to customary closing requirements. The terms of the transaction were not disclosed. 

State Street Investor Confidence Index: Investor Confidence Decreased In January By 3.8 Points To 100.7

Date 28/01/2021

State Street Global Markets today released the results of the State Street Investor Confidence Index® (ICI) for January 2021.

ADX Launches New Strategy To More Than Double Market Capitalisation

Date 28/01/2021

• New “ADX One” strategy includes initiatives to launch derivatives trading, IR guidebook and research coverage in 2021

UK FinTechs Potentially Undervalued After Missing Significance Of Commercialising IP

Date 28/01/2021

• Fintech valuations missing the worth of intellectual property
• Findings ease concerns of a ‘tech bubble’ forming in the market

Nigerian Stock Exchange, IFC To Host CEO Roundtable On Gender Equality

Date 28/01/2021

The Nigerian Stock Exchange (NSE or The Exchange) in partnership with the International Finance Corporation (IFC) will host a workshop to promote gender equality among listed companies on Tuesday, 2 February 2021.