News Centre

Quarterly Statement Q1/2020 - Deutsche Börse Group With Strong Start To Year In An Extraordinary Environment

Date 29/04/2020

Quarterly results at a glance

• Net revenue for the first quarter of 2020 increased significantly, up 27 per cent to €914.8 million, thanks to markedly higher market volatility.
• Adjusted operating costs of €291.1 million reflected a 17 per cent increase, due to consolidation and investments.
• Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) thus rose by 30 per cent, to €619.8 million; net profit for the period attributable to Deutsche Börse AG shareholders amounted to €387.4 million.
• Basic earnings per share stood at €2.11, equivalent to a 33 per cent (based on an average number of 183.4 million shares).
• Despite the strong start to the year, the Group’s guidance for 2020 remains unchanged (adjusted consolidated net profit for the period of around €1.2 billion), mainly reflecting expected declines in some business areas during the further course of the year, like the net interest income at Clear- stream.
• Deutsche Börse AG’s Annual General Meeting will take place on 19 May 2020, as planned. Against the background of the persistent global COVID-19 pandemic, having carefully considered all relevant aspects, the company has decided to hold a virtual Annual General Meeting. The Executive Board and the Supervisory Board propose to distribute a dividend of €2.90 per share, an increase of approximately 7 per cent compared to the previous year.

BIS: Public Guarantees For Bank Lending In Response To The Covid-19 Pandemic

Date 29/04/2020

Highlights

• In response to the Covid-19 pandemic, governments have launched guarantee programmes to support bank lending to companies, especially small and medium-sized enterprises. This is essential to avoid a sharp contraction in bank credit that would exacerbate the pandemic's adverse impact. 
• The design of such programmes needs to strike a difficult balance between responding promptly to the pandemic and maintaining a sufficient level of prudence. Key features of a sample of programmes (eg target beneficiaries, coverage of the guarantee, loan terms, length of the programme) reflect this tension.
• Incentives were created for the banks to join these programmes by exploiting flexibility in existing prudential requirements, while central banks have often provided liquidity support. Programmes are, however, subject to operational challenges and, ultimately, fiscal capacity limits.

BME’S Shareholders´Meeting Approves All Board Proposals

Date 29/04/2020

• The Chairman and the CEO of BME stress the role of the stock markets in exceptional circumstances such as the current ones
• BME to distribute a final gross dividend of 0.42 euro per share on 8 May
• The net result obtained by the Company in the first quarter of 2020 reached €34 million, 7.7% year on year

Cboe Global Markets And FTSE Russell Extend Licensing Agreement Through 2030

Date 29/04/2020

• 10-year extension of Cboe's U.S. exclusivity to offer trading in options on FTSE Russell Indices
• Continues Cboe's successful FTSE Russell-based options franchise, and provides opportunity to potentially expand product suite
• Agreement is extension to successful index collaboration that originated in 2015

BME Reports A Net Profit Of €34 Million In The First Quarter, Up 7.7% Year-On-Year

Date 29/04/2020

• Net income in the first quarter reached €80.1 million, up 12% year-on-year
• Return on Equity (ROE) grows 4.1 points year on year and stands at 34.4%
• The markets and systems managed by BME have operated with absolute normality during the Covid-19 health crisis
• The Board of Directors of BME unanimously issued a favourable opinion concerning the takeover bid launched by SIX Group

Bank Of England: Minutes Of The UK Money Markets Code Sub-Committee - February 2020

Date 29/04/2020

The UK Money Markets Code Sub-Committee meets regularly to review and update the UK Money Markets Code.

Saudi G20 Presidency And The Bank For International Settlements (BIS) Innovation Hub Invite Global Innovators To Find Solutions To The Most Pressing Financial Regulatory & Supervisory Challenges

Date 29/04/2020

• TechSprint competition to highlight potential of new technology to tackle regulatory and supervisory challenges.
• Saudi G20 Presidency to fund cash prizes for most promising solutions to the operational problems announced today.
• TechSprint is supporting the regulatory and supervisory responses against the COVID-19 pandemic.

Bank Of England: Minutes Of Money Markets Committee Meeting - 9 January 2020

Date 29/04/2020

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.

Basel Committee Issues Progress Report On Banks' Implementation Of The "Principles For Effective Risk Data Aggregation And Reporting"

Date 29/04/2020

• Banks' ongoing efforts to implement the Risk Data Aggregation Principles have resulted in tangible progress in several key areas.
• Banks should continue to closely monitor implementation of the Principles.
• As of the end of 2018, all banks needed to do further work to be fully compliant with the Principles.

UK Financial Conduct Authority And The Bank Of England: Further Statement From The Working Group On Sterling Risk-Free Reference Rates On The Impact Of Coronavirus On The Timeline For Firms’ LIBOR Transition Plans

Date 29/04/2020

Further to the joint statement made on 25 March it remains the central assumption that firms cannot rely on LIBOR being published after the end of 2021. The FCA and the Bank of England have worked with members of the Working Group on Sterling Risk-Free Reference Rates (RFRWG) and its sub-groups and task forces to consider how all firms’ LIBOR transition plans may be impacted by Coronavirus.