News Centre

PIMFA Welcomes Recommendations In The UK Listing Review Aimed At Improving Retail Investor Access To Markets

Date 03/03/2021

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, welcomes the recommendations made by Lord Hill in the UK Listing Review designed to improve access for retail investors.

Central Clearing And The Changing Landscape - Welcome Address By Fabio Panetta, Member Of The Executive Board Of The ECB, At The Third Annual Joint Conference Of The Deutsche Bundesbank, European Central Bank And Federal Reserve Bank Of Chicago On CCP Risk Management

Date 03/03/2021

Introduction

It is with great pleasure that I welcome you to the third conference on central counterparty (CCP) risk management, organised by the ECB together with the Deutsche Bundesbank and the Federal Reserve Bank of Chicago. This event has become an increasingly relevant international forum to discuss key challenges surrounding central clearing.

FTSE UK Index Series Quarterly Review – March 2021

Date 03/03/2021

• Renishaw and Weir Group to join FTSE 100
• Five changes to the FTSE 250

Nigerian Stock Exchange Engages Issuers To Deepen Activity In ETF Market

Date 03/03/2021

The Nigerian Stock Exchange (NSE or The Exchange) engaged with Exchange Traded Funds (ETFs) Issuers’ in the Nigerian capital market consistent with its commitment to deepen activities in the segment on Wednesday, 3 March 2021. The virtual session highlighted key development areas for the market specifically in terms of product issuances, market liquidity, regulatory landscape and capacity building.

Euronext Acquires Remaining Interest In iBabs

Date 03/03/2021

Euronext, the leading pan-European market infrastructure, today announced the acquisition of the remaining 40% interest in iBabs, a leading provider of dematerialised and secured board portal solutions for corporate and public organisations in Europe, held by the founders of the company who are now exiting the business after a successful transition period. As detailed at the time of Euronext’s acquisition of iBabs in July 2017, Euronext has exercised its call option on the remaining interest of iBabs for a consideration of €53.2 million, on a debt-free-cash-free basis, representing an Adjusted EBITDA 2020 multiple of 10x.

BIS: Greening (Runnable) Brown Assets With A Liquidity Backstop

Date 03/03/2021

Summary

Focus

The momentum toward greening the economy brings with it a number of new transition risks, which, if not properly addressed, may threaten financial stability. In particular, the expectation that other investors may exclude high carbon corporate emitters from their portfolio creates a risk of runs on brown assets. Understanding and acknowledging this new source of financial instability is essential for government agencies in charge of preserving the soundness of financial systems.

Citigroup Names Solidus Labs As Category Definer for Crypto Market Surveillance

Date 03/03/2021

The comprehensive report produced by research arm CitiGPS, maps existing pre-trade, trade and post-trade Bitcoin services critical for institutional investors, listing Solidus Labs as the category definer and only specialized crypto market surveillance solution.

SEC Division Of Examinations Announces 2021 Examination Priorities - Enhanced Focus On Climate-Related Risks

Date 03/03/2021

The Securities and Exchange Commission’s Division of Examinations today announced its 2021 examination priorities, including a greater focus on climate-related risks. The Division will also focus on conflicts of interest for brokers (Regulation Best Interest) and investment advisers (fiduciary duty), and attendant risks relating to FinTech in its initiatives and examinations. The Division publishes its examination priorities annually to provide insights into its risk-based approach, including the areas it believes present potential risks to investors and the integrity of the U.S. capital markets. 

Metis Raises $1M Seed Investment From Waterdrip Capital, DFG, Chain Capital And Angel Investors

Date 03/03/2021

Blockchain specialist Metis, has raised $1M in seed and angel funding, which will enable it to release its new Layer2 DAO framework at the end of March. The investors are Ralf P. Gerteis, P1X Capital, Waterdrip Capital, DFG, Chain Capital, AC Capital, Block.power Combinator, Hotbit, SSSnodes, Crasolum, Kernel Ventures, Catcher VC, Jubi Labs and Ming Liu, former co-founder of Tron.

Eurex: Fixed Income Market Briefing March 2021

Date 03/03/2021

February saw strong performances across our fixed income derivatives portfolio. Our core markets performed well, with volumes underpinned by stronger than expected realized moves in the underlying markets. Our option classes experienced good volume development as volatility rose across the board, except French OAT's. In futures, the portfolio performed well, with Buxl, short BTP and OAT outperforming, showing volume increases of +49.7%, 26.7% and 19.9%, respectively. In the long end of the curve, Buxl saw a record month with 2,461,687 contracts traded.