News Centre

Daniele Bianchi, Assistant Professor Of Finance, Warwick Business School, Comments On London Remaining First In The The Z/Yen Global Financial Centres Index

Date 11/09/2017

Commenting on London remaining first in the the Z/Yen global financial centres index, Daniele Bianchi, Assistant Professor of Finance, Warwick Business School said: "London's top spot is due to a combination of factors which won’t likely be affected in the wake of Brexit, such as the presence of one of the most trusted legal systems in upholding the rule of law, including the protection of creditor and shareholder rights; the superiority of the UK’s university education in economics and finance over its continental counterparts; and the UK’s tax and employment regulation system whereby financial services benefit from lower corporate tax rates and more flexible employment laws than, for instance, Germany and France.

EBA Issues Revised List Of ITS Validation Rules

Date 11/09/2017

The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.

SEC, MSRB, FINRA To Hold Compliance Outreach Program For Municipal Advisors

Date 11/09/2017

The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for the Compliance Outreach Program for Municipal Advisors. 

London Stock Exchange Group Plc Transaction In Own Shares

Date 11/09/2017

London Stock Exchange Group plc (the "Company") announces that it has purchased through RBC Europe Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 26 April 2017, the following number of its ordinary shares of 6 79/86 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 29 March 2017:

Interactive Brokers Plans To Join The Tel Aviv Stock Exchange As A Remote Member - Continuing Expansion To Provide Products And Services From One Account Worldwide

Date 11/09/2017

Interactive Brokers Group, Inc. (NASDAQ GS: IBKR), an automated global electronic broker that serves more than 449,000 clients worldwide and operates on more than 120 exchanges, announced today September 10) that it plans to join the Tel Aviv Stock Exchange (TASE) through its Interactive Brokers UK subsidiary as a remote member.

EGX Holds Meetings With The Investor Relations Executives, Fund Managers And Research Departments In The Financial Institution’s

Date 11/09/2017

As part of its efforts to deepen and enhance the market efficiency, The Egyptian Exchange (EGX) held a workshop yesterday where of a number of investment managers, research departments and brokerage firms met with investment relations executives of 3 listed companies; Alexandria Mineral Oils Company (AMOC), Abu Qir Fertilizers, and Telecom Egypt. This meeting came within the context of activating efficient channels of communication between the market participants.

MiFID II: ESMA Publishes Transitional Transparency Calculations For Bonds And Updates Calculations For Two Other Asset Classes

Date 11/09/2017

The European Securities and Markets Authority (ESMA) has updated its transitional transparency calculations (TTC) for non-equity instruments in relation to the implementation of the Markets in Financial Instruments Directive/ Markets in Financial Instruments Regulation (MiFID II/ MiFIR).

EGX Reduces The Provisional Trading Time On Shares To 15 Minutes Starting Tomorrow's Session

Date 11/09/2017

As part of EGX continuous efforts in developing the Egyptian capital market system and its efforts to increase the activity and deepen the market and improve the trading rates in order to increase the attractiveness of regional and international investment to the Egyptian market and keep pace with the global developments in the field of capital markets. The Egyptian Financial Supervisory Authority approved the decision taken by EGX Board in its session held on 20/8/2017 to reduce the period of temporary suspension of trading on a security during the session as a result of the price change to 15 minutes instead of 30 minutes, EFSA also provided the flexibility for EGX management to increase or decrease this period between its minimum time which is 15 minutes and its maximum time which is 30 minutes according to market conditions.

CDS Moves To T+2 Settlement - Canada’s Financial Industry Stands To Benefit From Shortened Securities Settlement Cycle

Date 11/09/2017

CDS Clearing and Depository Services Inc. (CDS), Canada's national securities depository, clearing and settlement hub, today announced the successful transition to a two day securities settlement period, or T+2, from the previous three day period, or T+3. Thursday, September 7, 2017 marked both the final settlement date for T+3 trades and the first settlement date for T+2 trades.

ESMA: FAQs On MiFID II - Interim Transparency Calculations

Date 11/09/2017

Scope:

This document aims at gathering Frequently Asked Questions (FAQs) and answers regarding the publication of the MiFID II Transitional Transparency Calculations (TTC) for all non-equity instruments in accordance with RTS 2 regulatory technical standards on transparency requirements in respect of bonds, structured finance products, emission allowances and derivatives under MiFIR.