News Centre

Nigerian Equities Market Gains Global Eminence Again

Date 02/12/2020

Players in the Nigerian equities market appear to be riding the waves of the market rally with investors gaining ₦55.2bn on Tuesday, 01 December 2020. This saw market capitalisation rise to ₦18.4tn while Year-to-Date (YTD) return improved to 30.9%, making the Nigerian equities market the 2nd and 3rd best performing market in the world in local currency terms and US Dollar terms, respectively, according to Bloomberg.

Moscow Exchange: Risk Parameters Change For The Security CRM-RM

Date 02/12/2020

As per the Securities market risk parameters methodology, on 02.12.2020, 17-36 (MSK) the lower bound of the price band (up to 15897) and initial margins (up to 20 %) for the security CRM-RM were changed. New values are available here

Remarks At The December 1, 2020 Meeting Of The Asset Management Advisory Committee, Dalia Blass, SEC Director, Division Of Investment Management, Dec. 1, 2020

Date 02/12/2020

Good morning and welcome to the last meeting of the Asset Management Advisory Committee for the year. Before I start, let me remind you that I am speaking only for myself and not for the Commission, the Commissioners, or the staff.

Germany: EIB And Software AG Sign €130 Million Loan Agreement For Research, Development And Innovation

Date 02/12/2020

The European Investment Bank (EIB) and Software AG have signed a loan agreement of up to €130 million. The loan will back Software AG’s research, development and innovation (RDI) activities related to its future enterprise software portfolio. In particular, the RDI programme will focus on Internet of Things (IoT) offerings for industry, such as cloud integration, streaming analytics and machine learning technologies, as well as digital business transformation products and services.

ASPY Global Services To Start Trading On BME Growth Tomorrow 3rd December

Date 02/12/2020

• It is the 9th company to list on this BME Market in 2020
• The company will have a value of 153 million euros on its market debut

Vienna Stock Exchange: Austrian Financial Community Chooses "Corona-Related" As Stock Market Taboo Word Of The Year 2020

Date 02/12/2020

For the fourth time, the Vienna Stock Exchange invited 4,000 industry representatives to vote for the stock market taboo word of the year. This year’s decision was clearly made in favour of "corona-related". Due to the coronavirus a multitude of restrictions on social and economic life were implemented. Discussions on dividend bans and a radical change in daily working life were only some of the consequences. The other contenders are "lockdown" and "dividend ban". The latter caused some very heated discussions, as domestic value companies are highly sought after by investors, also because of their attractive dividends. Many professionals fear that the international investors who are so urgently needed for the recapitalisation of the Austrian economy could be sorely missed.

Sovcombank Acquires MetLife Russia

Date 02/12/2020

Sovcombank, Russia’s third-largest non-state bank, and MetLife, Inc., one of the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 40 markets, announced today that they have entered into a definitive agreement whereby Sovcombank will acquire MetLife Russia, a Russian subsidiary of MetLife, Inc. 

"No Amount Of Cynicism, Disbelief Or Even Fantastical Thinking Can Obscure The Compelling Case For Bitcoin": Paolo Ardoino, CTO Bitfinex

Date 02/12/2020

Commenting  on the recent price movements of Bitcoin Paolo Ardoino, CTO at Bitfinex said:

"Crypto markets are today retracing some of the recent gains. As some of the euphoria in the cryptosphere subsides, participants can reflect on how far the space has evolved since the previous all-time high for bitcoin of $20,000. No amount of cynicism, disbelief or even fantastical thinking can obscure the compelling case for Bitcoin. Global asset managers will continue to recalibrate their portfolios accordingly."

Coronavirus Pandemic Cited As Top Risk To Financial Stability In 2021 According To New DTCC Survey

Date 02/12/2020

The Coronavirus (COVID-19) pandemic ranks as the greatest threat to global financial stability in 2021, according to a new survey published by The Depository Trust and Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, with nearly one third (31%) of survey respondents citing the pandemic as the top risk, with two thirds (67%) citing it as a top 5 risk.

Fiserv To Host Virtual Investor Conference On December 8, 2020

Date 02/12/2020

Fiserv, Inc. (NASDAQ: FISV), leading global provider of payments and financial services technology solutions, will host its Investor Conference virtually on Tuesday, December 8 at 9:00 a.m. ET. The event will feature presentations from Fiserv senior management and include strategic and financial updates.