News Centre

Nasdaq Reports Third Quarter 2019 Results - Delivers Broad-Based Revenue Growth And Strong Capital Returns

Date 23/10/2019

• Third quarter 2019 net revenues1 were $632 million.  Revenues in the non-trading segments2 increased 10% versus the prior year period, primarily driven by organic growth, while Market Services revenues increased 2%.
• The GAAP operating margin was 36% in the third quarter of 2019, compared to 41% in the prior year period, while the non-GAAP operating margin3 of 50% increased from 48% in the prior year period.
• Third quarter 2019 GAAP diluted earnings per share was $0.90 compared to $0.97 in the third quarter of 2018. Third quarter non-GAAP diluted earnings per share of $1.27 rose 12% from $1.13 in the third quarter of 2018.
• During the third quarter of 2019, the company returned $150 million to its shareholders through its share repurchase program, and paid a dividend on its common stock in the aggregate of $78 million. In the first nine months of 2019, the company returned $428 million to shareholders through share repurchases and dividends.
• The company is reducing its 2019 non-GAAP operating expense guidance to $1,285-$1,295 million versus the prior guidance of $1,295 to $1,320 million.

Soft Chinese Data Weighs On Commodities, The On-Going Slow-Down In Chinese Industrial Activity Continues To Check Raw Material Prices, William May, Senior Economist, IHS Markit

Date 23/10/2019

The IHS Markit Materials Prices index (MPI) edged down 0.1% in a week where six of the index’s ten components in fact rose. Heavier weighted components such as chemicals and iron ore displayed weakness in the face of disappointing data from China that suggests weaker materials demand in the months immediately ahead.

ICE Benchmark Administration Publishes Third Update Regarding The U.S. Dollar ICE Bank Yield Index

Date 23/10/2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration Limited (IBA) has published its third update regarding the U.S. Dollar ICE Bank Yield Index.

EBA Publishes Opinion On Disclosure To Consumers Buying Financial Services Through Digital Channels

Date 23/10/2019

The European Banking Authority (EBA) published today an Opinion addressed to the EU Commission with recommendations to ensure that disclosure requirements in EU law take account of the increasing use of digital marketing channels for financial services and the resultant issues potentially affecting consumers. The recommendations relate primarily to the scope and consistency of disclosure rules, the timing of disclosure, the presentation format and accessibility of information. In addition, they cover advertisements, pre-contractual information, rights of withdrawal, complaints handling and post sale information.

Brexit: Statement By European Parliament President Sassoli Following Vote In Westminster

Date 23/10/2019

President of the European Parliament David Sassoli: an extension request remains on the table.

Bank Of England: Minutes Of Money Markets Committee Meeting - 3 September 2019

Date 23/10/2019

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.

London Stock Exchange Group PLC Price Monitoring Extension

Date 23/10/2019

The auction call period has been extended in this security by 5 minutes.

Turning Technology Against Financial Crime - Speech By Megan Butler, Executive Director Of Supervision – Investment, Wholesale And Specialists At The FCA, Delivered At The Royal United Services Institute, London

Date 23/10/2019

Highlights:

• Financial crime and the criminal activity it facilitates cause incalculable damage to society – our joint endeavour is to monitor entry, devise controls and erect barriers powerful enough to stop criminals from causing further harm.
• New technologies give us unprecedented access to innovative products and services, and flexibility in how we use them. But they also give criminals sophisticated tools to bend the financial system to their own ends.
• Used to the right ends, these technologies can be gamechangers in the fight against financial crime – both for industry and the regulator.

The Federation Of Euro-Asian Stock Exchanges Elects Three New Board Members, Audit Committee Members And Vice-Chair, And Working Committee Vice-Chair

Date 23/10/2019

Today, the Federation of Euro-Asian Stock Exchanges (FEAS) announces the 28th General Assembly and Working Committee Meeting in Muscat, Oman.

EBA Publishes Opinion On The Regulatory Treatment Of Non-Performing Exposure Securitisations

Date 23/10/2019

The European Banking Authority (EBA) published today an Opinion on the regulatory treatment of securitisations of non-performing exposures (NPE). Securitisations can play an instrumental role in reducing NPE stocks in credit institutions’ balance sheets but such a role may be hindered by certain provisions in the EU law securitisation framework. This Opinion recommends various amendments to the Capital Requirements Regulation (CRR) as well as to the Securitisation Regulation to remove the identified constraints. The Opinion is addressed at the European Commission and contributes to the objectives of the Council of the EU’s “Action plan to tackle non-performing loans in Europe”. A copy of the Opinion has been sent to the European Parliament and the Council.