News Centre

BETTER FINANCE: The Luxembourg Financial Supervisor Finally - But Disappointingly - Reports On Closet Index Funds

Date 01/08/2017

A year and a half after the European Securities & Markets Supervisor (ESMA) asked CSSF (the Luxembourg supervisor) to investigate the potential cases of closet indexing (falsely active funds) it identified in Luxembourg, the CSSF issued a short press release on 28 July 2017, many months after its colleagues from other important fund domiciles such as the UK, France and Germany had completed - and reported - on their own investigations. ESMA's investigation itself came out almost a year and a half after BETTER FINANCE asked for it (October 2014).

Vela’s CEO Jen Nayar Joins Board Of Directors Of The Security Traders Association Of New York

Date 01/08/2017

Vela Trading Technologies LLC (Vela), a global leader in high performance trading, market data, and analytics technology, is pleased to announce that Jennifer Nayar, CEO at Vela, has joined the Board of Directors of the Security Traders Association of New York (STANY) starting from August 1, 2017 for a three-year term.

NSD Sums Up Q2 2017 Results

Date 01/08/2017

• 1,955 shareholder meetings were initiated via e-proxy voting technology;
• The value of assets under custody grew 10% and reached RUB 35.5 trillion;
• Value of OFZ balances in foreign nominee accounts increased by 40% YoY and reached RUB 1.8 trillion.

Turnover At Deutsche Börse’s Cash Markets At 118.9 Billion Euros In July - Trading Volume Increased By 18 Percent Year-On-Year

Date 01/08/2017

Order book turnover on Deutsche Börse cash markets totalled €118.9 billion in July (July 2016: €100.8 billion). Of the €118.9 billion, €109.1 billion were attributable to Xetra (July 2016: €91.8 billion) and €3.5 billion to Börse Frankfurt (July 2016: €3.4 billion). Order book turnover on Tradegate Exchange totalled €6.3 billion (July 2016: €5.5 billion).

Fiserv Acquires the Assets Of PCLender - Solutions Enhance The Fiserv Suite Of Mortgage Origination Services

Date 01/08/2017

Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, announced today it has acquired the assets of PCLender, LLC, a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions. This acquisition will enhance the Fiserv suite of mortgage origination services, which enable Fiserv clients to deliver the experience today's consumers and mortgage lenders expect. Financial terms will not be disclosed.

Dubai Financial Services Authority Launches Crowdfunding Framework

Date 01/08/2017

The Dubai Financial Services Authority (DFSA) has today launched its regulatory framework for loan and investment-based crowdfunding platforms, the first such framework in the GCC countries. The regime forms part of the DFSA’s regulatory roadmap to create an innovation-friendly ecosystem, in line with the UAE Government’s National Innovation Strategy.

London Stock Exchange Group Plc - Total Voting Rights

Date 01/08/2017

The following notification is made in accordance with the FCA's Disclosure Guidance and Transparency Rules.

BME: Trading Volume On The Spanish Stock Market Rose 4.2% Year-On-Year In July To €52.2 Billion

Date 01/08/2017

• Trading volume in the first seven months of the year amounted to €417.1 billion
• The number of trades in July was 4.8 million, up 9% from last year's figure
• Trading in Financial Derivatives in July rose by 20% from the same month last year
• New admissions on MARF in July totalled €598 million, up 146% year-on-year

CME Group Inc. Reports Strong Second-Quarter 2017 Financial Results - Average Daily Volume Rose 9 Percent To 16.5 Million Contracts, Including Records In Energy And Metals

Date 01/08/2017

CME Group Inc. (NASDAQ: CME) today reported revenue of $925 million and operating income of $606 million for the second quarter of 2017.  Net income was $416 million and diluted earnings per share were $1.22.  On an adjusted basis, net income was a record $419 million and diluted earnings per share were a record $1.23.  Financial results presented on an adjusted basis for the second quarters of 2017 and 2016 exclude certain items, which are detailed in the reconciliation of non-GAAP results.

Thomson Reuters Reports Second-Quarter 2017 Results

Date 01/08/2017

Thomson Reuters (TSX/NYSE: TRI) today reported results for the second quarter ended June 30, 2017. Based on its first-half results, the company raised its full-year 2017 outlook for several metrics, as reflected on page 5.