News Centre

Cboe Receives Final Regulatory Approval For Cboe Market Close

Date 22/01/2020

• New matching facility to provide competition to primary market closing auctions
• Cboe Market Close expected to bring greater transparency, accessibility and cost-efficiency to one of the most critical liquidity events of the trading day
• Planned for launch in early 2020

EBA Consults On The Future Of The EU-Wide Stress Test Framework

Date 22/01/2020

The European Banking Authority (EBA) launched today a public consultation on possible future changes to the EU-wide stress test. This discussion paper aims to present the EBA’s vision of the future of the EU-wide stress test and to collect comments and feedback from the different users. “The framework we are proposing today aims at making the EU-wide stress test more informative, flexible, and cost-effective, said the EBA Chairperson, Jose Manuel Campa, in launching the consultation. Campa added, “It is the first time we embark on a comprehensive discussion on the future of EU stress testing and we are keen to receive feedback from a wide range of stakeholders”.  The consultation runs until 30 April 2020.

Nigerian Stock Exchange Promotes Better Understanding Of Securities Lending With Interpretative Guidance

Date 22/01/2020

The recently released Securities Lending and Borrowing report from The Nigerian Stock Exchange (“NSE” or “The Exchange”) shows that a total of 20.8 million shares are available to the investing public for lending. The securities available include Presco, MTN Nigeria, Okomu Oil, Dangote Cement, United Bank for Africa, Dangote Sugar, Nigerian Breweries, Flour Mills, Chemicals and Allied Products (CAP) and Guaranty Trust Bank.

EBA: Discussion Paper On The future Changes To The EU-Wide Stress Test (EBA/DP/2020/01)

Date 22/01/2020

The European Banking Authority (EBA) launched today a public consultation on possible future changes to the EU-wide stress test. This discussion paper aims to present the EBA’s vision of the future of the EU-wide stress test and to collect comments and feedback from the different users. “The framework we are proposing today aims at making the EU-wide stress test more informative, flexible, and cost-effective, said the EBA Chairperson, Jose Manuel Campa, in launching the consultation. Campa added, “It is the first time we embark on a comprehensive discussion on the future of EU stress testing and we are keen to receive feedback from a wide range of stakeholders”.  The consultation runs until 30 April 2020.

aixigo Expands Its Presence In UK, Italy And Southern Europe

Date 22/01/2020

aixigo, the international software provider for digital financial Wealth Management and Investment Advisory Services expands its presence in UK, Italy and Southern Europe. aixigo hires additional experienced country managers for these countries.

Tehran Stock Exchange Weekly Market Review - 18 January 2020 To 22 January 2020

Date 22/01/2020

Click here to download Tehran Stock Exchange's weekly market review.

EBA Updates Its Guidelines On Fraud Reporting Under PSD2

Date 22/01/2020

The European Banking Authority (EBA) publishes today an amendment to its 2018 guidelines on fraud reporting under the revised Payment Services Directive (PSD2). The changes reflect some consequential amendments to the reporting templates under the guidelines as a result of clarifications provided more recently by the European Commission on the application of strong customer authentication (SCA) to certain type of transactions.

UK Financial Conduct Authority: New Overdraft Rules Mean 7 Out Of 10 People Will Be Better Off Or See No Change

Date 22/01/2020

Across the market, 7 out of 10 overdraft users will be better off or see no change, when new rules on overdrafts, introduced by the Financial Conduct Authority (FCA), come into force in April. 

GFF Summit: New Repo Opportunities On The Buy Side - By Frank Odendall, Head Of Repo And Securities Lending Product & Business Development At Eurex

Date 22/01/2020

Securities financing is changing. The old model for the buy side – maintaining multiple bilateral relationships with a range of sell-side institutions, each with their own customized contractual commitments – is costly on several levels. It is time consuming and labor intensive to both establish and maintain these relationships, and repo transactions are often still negotiated by phone or fax. And these types of relationships make price discovery and regulatory reporting burdensome and costly, adding to the inefficiency.

Kentucky Goes Live With E-recording Using Simplifile

Date 22/01/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Kentucky has become the latest state to adopt e-recording and join Simplifile’s network. Simplifile is part of ICE Mortgage Services, which applies technology and high-capacity infrastructure to make the mortgage process electronic and thus more efficient. Hardin County became the first county to go live in Kentucky, followed just minutes later by Jefferson County.