News Centre

Dolfin Bolsters Investment Committee

Date 29/05/2019

Dolfin, an independent and agile wealth management platform, has appointed four new members to its Investment Committee. David Schneider and Kevin Sullivan have joined following the firm’s recent acquisition of Falcon Private Wealth Ltd., Jaspal Sian and Phoebus Theologites have been members since April.

CME Group To Launch Next Generation Of CME SPAN Margin Methodology

Date 29/05/2019

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch the next generation of its industry-leading Standard Portfolio Analysis of Risk (SPAN) margin framework – CME SPAN 2.  The new framework is slated for testing in the second half of 2019 and, pending regulatory review and approval, roll out in the first half of 2020.

STOXX Extends Its Suite Of ESG-X Indices

Date 29/05/2019

STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, has launched a series of new benchmark ESG-X indices, such as an ESG-X version of the flagship EURO STOXX 50® Index.

Dubai Financial Market - Eid Al AlFitr, Market Closed From Sunday 2 June 2019, Trading Resumes Sunday 9 June 2019.

Date 29/05/2019

In the occasion of Eid Al AlFitr, the market will be closed starting from Sunday 2 June 2019 and the work will resume on Sunday 9 June 2019.

ESMA Updates Q&AS On MiFID II And MiFIR Investor Protection And Intermediaries

Date 29/05/2019

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The updated Q&As provides new answers on best execution and information on costs and charges.

Monetary Authority Of Singapore Does Not Engage In Currency Manipulation

Date 29/05/2019

In response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies (UST Report) released today, the Monetary Authority of Singapore (MAS) said that it does not manipulate its currency for export advantage.

IQ-EQ Appoints Chief Commercial Director To Drive Growth In Luxembourg

Date 29/05/2019

IQ-EQ, a leading investor services group, has appointed Fèmy Mouftaou to the role of Chief Commercial Director to spearhead business development in Luxembourg.

BME Reshuffles Its Management Team

Date 29/05/2019

• The new appointments are aligned with the objectives set by the 2019-2021 Strategic Plan

UK's Financial Conduct Authority Bans Terry Farr

Date 29/05/2019

The Financial Conduct Authority (FCA) has prohibited former Martins Brokers (UK) Ltd (‘Martins’) broker Terry Farr from performing any function in relation to any regulated financial activity, on the basis that he acted dishonestly and lacked integrity, and as a result is not fit and proper to perform any function in relation to any regulated activity.

ESMA Adjusts Application Of The Trading Obligation For Shares In A No-Deal Brexit - Impact Of Brexit On The Trading Obligation For Shares (Article 23 of MiFIR)

Date 29/05/2019

The European Securities and Markets Authority (ESMA) has further considered the impact of the United Kingdom (UK) leaving the European Union (EU) without a withdrawal agreement (no-deal Brexit) on the trading obligation for shares (STO) under Article 23 of MiFIR1 and in the absence of an equivalence decision in respect of the UK by the European Commission (EC).