News Centre

BrokerTec Announces Launch Of Dealer-To-Client Execution Platform For U.S. Repo Markets

Date 26/10/2020

BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced its dealer-to-client request for quote (RFQ) trading platform, BrokerTec Quote, is now available to the U.S. repo market through BrokerTec Americas, LLC.  The addition of U.S. treasury repo to the BrokerTec Quote platform follows its successful launch for European repo, European sovereign debt and UK gilts repo market users in June 2019. 

Net Profit Of The Third Quarter Up 35% To AED 41.1 Million: Dubai Financial Market Company Posts Net Profit Of AED 120.1 Million In The First Nine Months Of 2020

Date 26/10/2020

H.E. Essa Kazim underlining key developments:

• The trading value increased 28% to AED 51 Billion and the General Index maintained its growth for the second consecutive quarter
• Steady growth of trading value during the past three quarters, registering 19%, 30% and 34.5% respectively
• The market attracted 3194 new investors and foreign investors accounted for 51% of trading value and 18% of market capitalization
• DFM’s product offering diversification strategy gains momentum with the listing of ETFs, Equity futures… and REITs on course

FIA Releases Major Clearinghouse Data Initiative: CCP Tracker

Date 26/10/2020

FIA has released the first version of its CCP Tracker, a set of online interactive visualizations that provide insights into the financial resources and risk exposures of derivatives clearinghouses. Clearinghouses play a key role in ensuring the stability of financial markets by acting as a central counterparty and maintaining financial resources necessary to cover losses from a default. The CCP Tracker is the latest addition to the data resources that FIA makes available through its website as part of its commitment to promoting transparency into derivatives markets.  

Ocean Sun Admitted To Trading On Oslo Bors

Date 26/10/2020

The renewable energy company Ocean Sun has today been admitted to trading on Merkur Market (ticker code: OSUN-ME).

LSEG Makes A Minority Investment In PrimaryBid

Date 26/10/2020

• London Stock Exchange Group’s investment builds on collaboration with PrimaryBid to support innovation in capital markets
• LSEG will hold 9% stake in PrimaryBid following investment and will hold a seat on the Board
• Reaffirms LSEG’s long-standing commitment to broadening retail investor access to public equity markets

ESMA: EMIR Reporting Validation Rules Applicable From 8 March 2021

Date 26/10/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has postponed the applicability date of the updated EMIR validation rules from 1 February to 8 March 2021.

Synechron Acquires Citihub Digital - Joining Forces! Taking Digital To The Next Level

Date 26/10/2020

Synechron Inc., a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition of Citihub Digital, a London and New York based technology consulting firm for the financial services industry. The acquisition expands Synechron’s existing capabilities and strength in areas across the Digital Enterprise, with Citihub Digital’s strong focus on application modernization, cloud enablement, cybersecurity and operating model transformation. The global demand for strategic business solutions that are built using modern technology architectures is driving transformation across the financial services and insurance industries. Citihub Digital’s competency stands aligned with Synechron’s brand promise of Accelerating Digital initiatives for banks, asset managers, and insurance companies around the world. 

Effective October 26, 2020 Through October 30, 2020, MIAX Options And MIAX Emerald 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 26/10/2020

Issue Symbol: All Symbols
Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective October 26, 2020 through October 30, 2020, the MIAX Regulation Department has granted 2 times opening and intraday quote parameter relief for all symbols on MIAX Options and MIAX Emerald. 

Response, And Recovery: Fintech During The COVID Crisis And Beyond - Speech By Tom Mutton, Bank Of England Director, Fintech - Given At The Bund Summit On Digital Currency, Fintech And Inclusive Finance On Sunday 25 October

Date 26/10/2020

ESMA - Brexit: Impact Of The End Of The Transition Period On 31 December 2020 On The Trading Obligation For Shares (Article 23 Of MiFIR)

Date 26/10/2020

In the context of the United Kingdom (UK) leaving the European Union (EU), the European Securities and Markets Authority (ESMA) is issuing this public statement to remind market participants of the application of the EU trading obligation for shares (STO) as of 1 January 2021, i.e. after the end of the transition period provided for in the Withdrawal Agreement between the EU and the UK.