News Centre

The UK Financial Conduct Authority And The Bank Of England Encourage Market Participants In A Switch To SONIA In The Sterling Non-Linear Derivatives Market From 11 May

Date 29/03/2021

Following close engagement with market participants, the FCA and Bank of England support and encourage liquidity providers in the sterling non-linear derivatives market to adopt new quoting conventions for inter-dealer trading based on SONIA instead of LIBOR from 11 May this year. This is to facilitate a further shift in market liquidity toward SONIA, bringing benefits for a wide range of users as they move away from LIBOR.

ETFGI Reports Assets Invested In The Global ETFs Industry Increase The Lead Over Global Hedge Fund Industry To US$4.39 Trillion At The End Of 2020

Date 29/03/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that assets invested in the global ETFs and ETPs industry extended the lead over the global hedge fund industry to US$4.39 trillion at the end of 2020, an increase of 44.95% since 2019. (All dollar values in USD unless otherwise noted.)

Peter Großkopf Leaves Boerse Stuttgart Digital Exchange GmbH

Date 29/03/2021

Peter Großkopf (40), Chief Technical Officer and Member of the Management Board of Boerse Stuttgart Digital Exchange GmbH, will leave the company at his own request at the end of March 2021. Having successfully built up Boerse Stuttgart Digital Exchange (BSDEX) as the first multilateral trading venue for digital assets in Germany, he would like to return to entrepreneurial activities as the founder of a new company in the field of Decentralized Finance (DeFi).

SPIN Partners With NAX To Create Environmentally-Friendly NFT Marketplace Fuelled By SPIN’s Iconic Cover Art - The Partnership Is Centred On Over Three Decades Of Historic SPIN Photography, Media Assets And IP (Formerly Known As SPIN Magazine)

Date 29/03/2021

SPIN, a legendary American music media company, and NAX, a company that brings liquidity to corporate assets, today announce a partnership to release sustainable Non-Fungible Tokens (NFTs) featuring SPIN’s celebrated photography. As the first major music media brand to make its full content archive available via NFT, SPIN will leverage NAX’s software and methodology, alongside its historic 36-year IP library, to introduce an environmentally conscious option.

MIAX Options Exchange - Secondary (B Side) Retransmission Services For ToM, cToM, MOR, And AIS Feeds For Clouds 17 - 20 Will Be Unavailable Today

Date 29/03/2021

Please be advised the MIAX Options Exchange Secondary (B Side) Retransmission Services of the ToM, cToM, MOR, and AIS Feeds for Clouds 17 through 20 (symbols beginning with T through Y) will be unavailable for use today.

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

Date 29/03/2021

As per the Securities market risk parameters methodology, on 29.03.2021, 14-49 (MSK) the upper bound of the price band (up to 17032) and initial margins (up to 25.5 %) for the security BIDU-RM were changed. New values are available here

ESMA Updates EMIR Validation Rules

Date 29/03/2021

Nomura Holdings: Possible Loss Arising From Business Activities

Date 29/03/2021

Nomura Holdings, Inc. today announced that on March 26, 2021, an event occurred that could subject one of its US subsidiaries to a significant loss arising from transactions with a US client.

Singapore Exchange’s Former Vice President Joins Broctagon As Head Of Asia FX Liquidity

Date 29/03/2021

Broctagon Fintech Group, multi-asset liquidity and brokerage technology provider, today announces that Cecilia Chan, a sell-side veteran with two decades of experience has joined the group as Executive Director. This appointment comes shortly after Broctagon officially obtained its new Money Broking Licence from the Labuan International Business and Financial Centre in February 2021.

Ørn Software Lists On Euronext Growth Oslo

Date 29/03/2021

The Norwegian software company Ørn Software has today been admitted to trading on Euronext Growth (ticker code: ORN).