News Centre

Moscow Exchange: Risk Parameters Change On Securities Market

Date 13/02/2020

CCP NCC sets the following risk parameters on Securities market starting from February 19, 2020:

iSTOXX Italy Small Mid Cap Index Licensed To Sella SGR

Date 13/02/2020

Qontigo has licensed the iSTOXX Italy Small Mid Cap Index to the Italian asset manager Sella SGR. Sella will use the index for active management of their PIR Fund (Piano Individuale di Risparmio, long-term individual savings plans).

Rouge – Impair – Manque: Reflections On Accounting Standards - Speech By Martin Taylor, External Member Of The Bank Of England Financial Policy Committee, Given At Strathclyde Business School, Glasgow

Date 13/02/2020

Martin Taylor sets out the issues around reflecting the risks of borrowers failing to pay back their loans in a bank’s accounts.

Penalties, Remediation, And Our General Principles - Speech By Mark Steward, FCA Executive Director Of Enforcement And Market Oversight, Delivered At The City & Financial Global Ltd Event, London

Date 13/02/2020

Highlights

• The point of financial penalties is deterrence but this is not the point of enforcement which is about just outcomes. In 2019 we imposed financial penalties of over £310 million on firms that also paid or are paying over £231 million in restitution. Addressing both serious misconduct as well as its consequences ensures just outcomes.  
• Most of the cases involving financial penalties have involved serious breaches of the General Principles. In these cases too little attention is paid to the General Principles in planning and organising what a firm is doing.
• Firms need to engage with the Principles when undertaking regulated activities.

EGX: ETF Market Makers Allowed To Place Orders With No Minimum

Date 13/02/2020

In light of the continuous efforts of The Egyptian Exchange (EGX) and The Egyptian Financial Regulatory Authority (FRA) for the development of the Egyptian capital market, EGX submitted a proposal which was adopted by FRA eliminating the minimum quantity for inviting on ETFs which limited the trading of small investors on ETF.   

CFTC To Hold An Open Commission Meeting On February 20

Date 13/02/2020

Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the CFTC will hold an open meeting on Thursday, February 20, 2020 at its headquarters in Washington, D.C. at 9:30 a.m. (EST) to consider the following:

Vela Adds Product And Account Management Expertise - Cedric Rondeaux And Ryan Hsu Bring Their Market Data And Trading Experience To Global Teams

Date 13/02/2020

Vela, a leading independent provider of trading and market access technology for global multi-asset electronic trading, today announced the expansion of its global Product and Account Management teams with new hires in London and New York.

ETFGI Reports Assets Invested In ETFs And ETPs Listed Globally Reached A New Milestone Of US$6.37 Trillion At The End Of January 2020

Date 13/02/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$67.15 billion at the end of January 2020, which is significantly higher than the US$17.23 billion gathered at this point last year. Assets invested in the global ETFs/ETPs industry increased by 0.4%, from US$6.35 trillion at the end of December 2019, to US$6.37 trillion at the end of January, according to ETFGI's January 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Leading UK Payments Association Picks Luxembourg For EU Home

Date 13/02/2020

The Emerging Payments Association (EPA), the leading London-based professional association of payment players, which brings together more than 150 operators from all areas of the payment value chain, is expanding its European Union network from Luxembourg.

Bursa Malaysia Derivatives' Daily Trading Volume For Crude Palm Oil Futures Contract Hits Fresh All-Time High

Date 13/02/2020

Kuala Lumpur, 13 February 2020 - Bursa Malaysia Derivatives ("BMD") continued its string of all-time highs when the daily total trading volume for Crude Palm Oil Futures contract ("FCPO") touched a new record yesterday, at 113,668 contracts, surpassing the previous record of 107,062 contracts registered on 28 January 2020.