News Centre

Shanghai Stock Exchange: Q&A On The Suspension Of IPO By Ant Group Co., Ltd.

Date 05/11/2020

Q: Tonight (5 November), Ant Group released a notice to announce that it would suspend the company's IPO process and issue refunds to investors. What does the Shanghai Stock Exchange (SSE) have to say about the development?

A: On November 5, Ant Group Co., Ltd. and its joint lead underwriters jointly announced that they had decided to suspend the planned IPO on the SSE STAR Market. It was a decision made by the issuer and the lead underwriters based on the actual situation. The SSE respects and supports the decision, and will work with relevant parties to facilitate the return of the subscription funds and other efforts. As Ant Group was summoned by the financial regulators for regulatory interview before the listing, and as the recent changes in the fintech regulatory environment may have a significant impact on Ant Group's business structure and profit model, the decision was a responsible move for both the market and the investors. On November 3, the SSE had decided to suspend the listing of Ant Group. After the suspension, the SSE will prudently handle the follow-up matters concerning the stock offering and listing of Ant Group in accordance with laws and regulations. 

Citadel And Citadel Securities Expand Global Footprint With Paris Office

Date 05/11/2020

Citadel, a leading alternative investment manager, and Citadel Securities, a leading global market maker, today announced plans to open an office in Paris. The new office will extend the firms' longstanding presence in Europe. This is the latest expansion of the firms' growing global footprint, which includes 18 offices across North America, Europe and Asia-Pacific. 

ESMA Specifies Obligations On Environmentally Sustainable Activities

Date 05/11/2020

EDHEC-Risk Alternative Indexes: Hedge Fund Performances Are Holding Up Relatively Well To Market Downturns

Date 05/11/2020

EDHEC is pleased to announce the latest performance update of the EDHEC-Risk Alternative Indexes.

ESMA Publishes Its First Reports On CSDR Implementation

Date 05/11/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its first two reports on the implementation of the Central Securities Depositories Regulation (CSDR) covering central securities depositories’ (CSDs) cross-border services and handling of applications as well as internalised settlement.

Volante Technologies Expands Leadership Team With Key Customer Success Hires

Date 05/11/2020

Volante Technologies, the global leader in cloud payments and financial messaging, today announced strategic additions to its leadership team with senior hires in customer success and solution delivery. This follows Volante’s recent raise of $35m in growth capital from a consortium of investors led by Wavecrest Growth Partners, including BNY Mellon, Citi, Poste Italiane, and Visa Ventures.

World Bank Group-IMF Annual Meetings In Morocco Postponed Until 2022

Date 05/11/2020

The Kingdom of Morocco, the World Bank Group and the International Monetary Fund (IMF) announced today that the planned World Bank Group-IMF Annual Meetings scheduled to take place in Marrakesh , Morocco, in October 2021 will be postponed by 12 months until 2022 due to the COVID-19 pandemic.

CME Group Declares Quarterly Dividend

Date 05/11/2020

CME Group Inc., the world's leading and most diverse derivatives marketplace, today declared a fourth-quarter dividend of $0.85 per share, payable December 29, 2020, to shareholders of record as of December 10, 2020.

Moscow Exchange: REPO Risk Parameters Change For The Security MAGN

Date 05/11/2020

As per the Securities market risk parameters methodology, on 05.11.2020, 15-51 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -82.56 %), penalty rate and IR Risk Rate (up to -0.0975 rub) for the security MAGN were changed. New values are available here

Euronext publishes Q3 2020 Results - Solid Third Quarter 2020 Demonstrating Continued Benefits From Diversification And Resilient Core Business

Date 05/11/2020

Euronext, the leading pan-European market infrastructure, today announced its results for the third quarter of 2020.

• Q3 2020 revenue at €204.8 million (+12.7%):
  • Post-trade revenue increased to €44.6 million (+44.9%), driven by the consolidation from 4 August 2020 of VP Securities, the Danish CSD, contributing €10.0 million revenue, and higher clearing revenue. Like-for-like[1] at constant currencies, post-trade revenue increased +16.0%
  • Trading revenue increased to €75.9 million (+7.3%), with €6.3 million contributed by Nord Pool power trading offsetting lower cash and derivatives trading volumes. Like-for-like at constant currencies, trading revenue decreased -1.0%
  • Listing revenue increased to €35.8 million (+2.9%), driven by the strong performance of Corporate Services at €7.8 million (+20.0% like-for-like). Like-for-like at constant currencies, listing revenue increased +2.6%
  • Advanced data services revenue increased to €34.5 million (+3.0%), reflecting a solid performance of the market data and indices businesses. Like-for-like at constant currencies, advanced data services revenue increased +2.6%
  • Nord Pool contributed €8.6 million revenue in Q3 2020
  • Group non-volume related revenue[2] accounted for 54% of Q3 2020 total revenue (vs. 52% in Q3 2019), and covered 128% of operating expenses excluding depreciation & amortisation (vs. 129% in Q3 2019)