News Centre

City Of London Must Lead The Way In Securing A Greener Future

Date 02/07/2019

The UK government has today launched its Green Finance Strategy, to increase investment in sustainable projects and infrastructure, while ensuring the UK remains an international leader in decarbonisation and meets its 2050 net zero carbon emissions target. 

Purdue University/CME Group Ag Economy Barometer: Rising Crop Prices And USDA Payment Announcements Lift Farmer Sentiment, Despite Uncertain Economic Environment

Date 02/07/2019

Ag producer sentiment rebounded in June as farmers' expressed a more optimistic outlook towards the future of the ag economy. The Purdue University/CME Group Ag Economy Barometer, based on a mid-month survey of 400 agricultural producers across the U.S., increased to a reading of 126 in June, up 25 points from May.

ESMA Broadens Scrutiny Of Multiple Withholding Tax Reclaim Schemes

Date 02/07/2019

Andrew Bailey Opening Speech At The FCA Conference On Intergenerational Differences, Speech By Andrew Bailey, Chief Executive Of The FCA, At The FCA Conference On Intergenerational Differences, Royal College Of Physicians, London

Date 02/07/2019

Highlights

• The most important issue that the FCA faces in the long-run are the forces shaping the inter-generational issues.
• Financial services need to evolve to meet these changing and sometimes diverging generational needs.
• Addressing challenges from intergenerational change requires effort from across society: this is not a cause that we can fight alone.

Financial Conduct Authority Statement On The Opinion Of ESMA On The FCA's Final Rules For CFDs And CFD-Like Options

Date 02/07/2019

This notice sets out the FCA's reasons for acting contrary to the European Securities and Markets Authority’s (ESMA) Opinion of our national product intervention measures restricting how CFDs and CFD-like options are sold to retail consumers. This is required by article 43(3) of the Markets in Financial Instruments Regulation(link is external).

Eurex June Figures: Eurex Exchange Falls Slightly, EEX And Eurex Repo On An Upward Trend

Date 02/07/2019

Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, saw an increase of 12 percent in the number of traded contracts in European equity derivatives (41m compared to 36.5m in June 2018). Across all Eurex markets there was a slight reduction of 7 percent in the number of traded contracts (185.4m compared to 199.8m in June 2018).

UK Financial Conduct Authority Statement On The Joint Declaration On Climate Change

Date 02/07/2019

Today we have published a Joint Declaration with the Prudential Regulation Authority (PRA), The Pensions Regulator (TPR) and Financial Reporting Council (FRC), welcoming the publication of the Government’s Green Finance Strategy and setting out our shared understanding of the financial risks and opportunities of climate change. We will work in a collaborative way to address these risks.

CME Group Reaches Second-Highest Quarterly Volume Ever, Averaging 20.9 Million Contracts Per Day In Second-Quarter 2019

Date 02/07/2019

• Record quarterly average daily volume in Agricultural Commodities, Interest Rate options, Agricultural options and Metals options
• Record monthly average daily volume in Agricultural Commodities, Metals, Interest Rate options and Metals options
• Record monthly non-U.S. average daily volume of 6.2 million contracts and quarterly average daily volume of 5.4 million contracts

Globacap Partners With Archax For Digital Securities Trading - Archax To Provide Secondary Market For Token Issuances

Date 02/07/2019

Archax, the forthcoming London-based institutional digital securities exchange, today announced a partnership with Globacap, a regulated primary issuance platform for security tokens also based in London. Under this partnership, Globabcap will use Archax as a secondary market for the digital securities it creates for its clients, and Archax will integrate its exchange with the Globacap platform.

ESMA Issues Opinions On Product Intervention Measures By Sweden, France And The United Kingdom

Date 02/07/2019

The European Securities and Markets Authority (ESMA) has today issued three opinions on product intervention measures taken by the National Competent Authorities (NCAs) of Sweden, France and the United Kingdom. ESMA’s opinion finds that the proposed measures are justified and proportionate and that it is necessary for NCAs of other Member States to take product intervention measures that are at least as stringent as ESMA’s measures.