News Centre

Circular Of Shanghai International Energy Exchange On Market Risk Management

Date 03/11/2020

Shanghai International Energy Exchange has released its Circular on Market Risk Management as follows:

Recently, the market volatility has increased. All parties concerned shall manage risks in a sound manner and make rational investment decisions, so as to ensure the smooth functioning of the market.

Transaction Reporting Continues To Challenge – 65% Of Firms Have Had To Change Reporting In Last 12 Months - Cappitech Survey Highlights Inefficiencies And Errors As Reason To Change Reporting, With New And Changing Regulations, Market Changes And The Coronavirus Key Concerns

Date 03/11/2020

Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, today publishes its third annual global regulatory reporting survey in which it finds that the majority of firms (65%) have had to change their reporting in the last 12 months, mostly due to inefficiencies and errors. Alongside this, four key issues are affecting firms that need to comply with regulatory reporting requirements: New regulations, changing regulations, the CME’s decision to exit the transaction and regulatory reporting market, and Coronavirus.

Credit Suisse Goes Live With Torstone To Automate Its Equities Operations

Date 03/11/2020

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announces that Credit Suisse Securities (Canada) Inc. has gone live with the Torstone SaaS Platform.

Push Technology, BCC Group, And Baker Technology Partner To Deliver An End-To-End Solution To Optimize, Control, And Accelerate Market Data For The Cloud

Date 03/11/2020

Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, today announced a new partnership with BCC Group, a Frankfurt-based FinTech specializing in the development of software products, and Baker Technology, a specialist user interface software engineering firm. All three companies are well-versed in addressing the challenges of taking market data to the cloud securely, the collaboration is intended to enable financial services companies to overcome the challenges and capitalize on the advantages of the Cloud – simplifying and speeding development of cloud market data systems.

Eurex Clearing Expands Incentives To Switch OTC Swap Portfolios Into The EU

Date 03/11/2020

• CCP Switch Incentive Program extended until June 2021
• 100% waiver of booking fees for portfolio transfers
• New “voucher” rebate model applicable until June 2022

‘1000 Companies To Inspire Britain’ 2020 Report Recognises The UK’s Most Dynamic SMEs

Date 03/11/2020

• Featured companies record 41.2% annual average revenue growth, and have created more than 42,000 jobs over last two years
• Engineering & construction, manufacturing, food & beverages lead the industries represented
• London and South East England contribute the greatest number of companies, followed by East of England, North West England, and Yorkshire and the Humber
• More than a quarter of businesses in the report come from across North England and Scotland

Investor Activity On GPW Group Markets – October 2020

Date 03/11/2020

• GPW Main Market Electronic Order Book equities turnover value increased by 136.9% YoY to PLN 37.7 billion
• NewConnect Electronic Order Book turnover value increased by 1,494.5% YoY to PLN 2.7 billion
• Derivatives turnover volume increased by 65.7% YoY to 973,200 contracts
• Bonds turnover value on TBSP increased by 24.6% YoY to PLN 18.8 billion
• Structured products turnover value increased by 39.1% YoY to PLN 195.3 million
• ETF turnover value increased by 173.7% YoY to PLN 42.1 million
  • Electricity turnover volume decreased by 19.4% to 23.4 TWh
  • Natural gas turnover volume decreased by 5.8% YoY to 13.6 TWh

ESMA Identifies Deficiencies In German Supervision Of Wirecard’s Financial Reporting

Date 03/11/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the results of its Fast Track Peer Review (Peer Review) which assessed the events leading to the collapse of Wirecard AG and the supervisory response by BaFin (Bundesanstalt für Finanzdienstleistungaufsicht) and the Financial Reporting Enforcement Panel (FREP).

Ziglu Appoints Monzo’s James Sullivan As Chief Legal Officer

Date 03/11/2020

Ziglu, the challenger and fully FCA authorised Electronic Money Institution, has announced the appointment of James Sullivan as its Chief Legal Officer.

Moscow Exchange To Add ETFs And Russian-Law ETFs To After-Hours Trading Session

Date 03/11/2020

Beginning 9 November 2020, ETFs and Russian-law ETFs will be admitted to after-hours equity trading on Moscow Exchange to supplement currently available Russian and foreign stocks.