News Centre

SIX Makes Strategic Investment In Carbonfuture, A Leading Digital Infrastructure Provider For The Carbon Removal Market

Date 19/09/2024

SIX leads the Series A funding round in Carbonfuture to jointly develop a reliable, scalable and integrity-driven durable Carbon Dioxide Removal (CDR) ecosystem. This strategic investment marks the entry of SIX into the growing carbon removal market and an expansion into a new asset class.

Bank Of England: Bank Rate Maintained At 5% - September 2024 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 19/09/2024

Monetary Policy Summary, September 2024

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably.

Boerse Stuttgart Digital Provides Crypto Infrastructure To DZ BANK, Giving Cooperative Bank Customers Access To Cryptocurrencies - Safe And Easy Access To Regulated Cryptocurrency Trading And Custody Services For Retail Customers - Milestone For Mass Crypto Adoption In Europe - Phased Roll-Out To Already Start This Year

Date 19/09/2024

Boerse Stuttgart Digital is the crypto infrastructure partner of DZ BANK, representing the German cooperative banking group – one of the largest banking groups in Europe and the second largest one in Germany. Leveraging Boerse Stuttgart Digital's regulated institutional crypto infrastructure solutions, DZ BANK will enable 700 cooperative banks to offer their retail customers to trade cryptocurrencies and to securely store them in licensed fiduciary custody.

The implementation of the technical and operational set-up has already started. The first banks are to be connected as early as this year, with a phased roll-out and a first testing phase for selected retail customers.

Boerse Stuttgart Digital and DZ BANK stand as pioneers, being the first established players in Europe to offer cryptocurrencies to retail customers on this scale. This represents a significant milestone in the mass adoption of cryptocurrencies. With forecasts predicting that up to 25 percent of Europeans will invest into cryptocurrencies by 2028, the crypto retail market has an immense potential for banks and brokers.

“We offer Boerse Stuttgart Digital’s proven and fully regulated crypto trading and custody infrastructure to financial institutions across Europe. This is especially interesting for financial institutions which put a particular focus on professionalism, security, reliability, and trust - as does DZ BANK. Our infrastructure solutions are retail-customer-oriented, this is the towering strength of our group”, says Dr Matthias Voelkel, CEO of Boerse Stuttgart Group.

Sucden Financial Appoints Director Of Regulatory And Financial Risks

Date 19/09/2024

Sucden Financial, the multi-asset execution, clearing and liquidity provider, has appointed Bruno Almeida to the newly created role of Director of Regulatory and Financial Risks.

UK Financial Conduct Authority: Statement On Forbearance In Relation To Investment Trust Disclosure Requirements

Date 19/09/2024

This statement sets out our forbearance given the Government’s intention to exclude some investment trusts from the PRIIPs Regulation and other assimilated law. 

Amman Stock Exchange Participates In The 25th Jordan Economic Conference

Date 19/09/2024

Under the patronage of the Amman Stock Exchange (ASE) and organized by Afaq International Group for Media and Conferences, in cooperation with the Jordanian Economic and Democratic Forum and the Aman Association for Financial Services Awareness, the ASE participated in the activities of the 25th edition of the Jordan Economic Conference under the title: “The International Conference on Technical Analysis of Local and Global Financial Markets”, which was held at the Movenpick Hotel/Amman during period of September 3-4, 2024.

Lending Standards Board To Develop A First-Of-Its-Kind Code To Break Down Barriers To Finance For Ethnic Minority-Led Businesses

Date 19/09/2024

• New Code will drive financial services inclusion and address key barriers to finance faced by Ethnic Minority-led Businesses 
• Code will be open to lenders, investors and others, and is set to be available early in 2025

Celebrating Transition To The Main Market: EGX Chairman Participates In The “Ring The Bell” Ceremony With International Company For Fertilizers & Chemicals Leadership

Date 19/09/2024

On Thursday, September 19, 2024, International Company for Fertilizers & Chemicals held (ICFC.CA) a press conference as part of the "Ring-the-Bell” event organized by The Egyptian Exchange (EGX) to celebrate the company's transition from the small and medium-sized companies market to the main market.
 

Argentina’s BYMA To Adopt Nasdaq’s Clearing Platform

Date 19/09/2024

• BYMA to base its entire post-trade ecosystem on Nasdaq technology
• Argentinian exchange group to adopt Nasdaq’s real-time clearing platform, expanding the companies’ existing Central Securities Depository partnership
• The clearing platform will enhance capacity and connectivity whilst reducing operational complexity

3 In 5 Companies Implemented A Sustainability Strategy In 2024: Euromonitor International

Date 19/09/2024

• Upgraded Euromonitor Passport Sustainability platform helps businesses track performance of claims, understand consumer sentiment and craft effective sustainability strategies
• Passport Sustainability covers 11 industries, 25 global markets, 50 product categories and more than 70 sustainability claims
• Findings include 20% of all sales globally in 2023 were of products featuring sustainable claims