News Centre

Economy Statement For The Treasury Borrowing Advisory Committee Of The Securities Industry And Financial Markets Association

Date 31/07/2017

The U.S economy accelerated in the second quarter of 2017, recouping momentum temporarily lost in the first quarter.  Real GDP growth picked up to an annual rate of 2.6 percent, more than double the 1.2 percent rate seen in the first quarter of the year.  Personal consumption expenditures, generally the most significant driver of overall economic activity, stepped up noticeably in the second quarter and non-residential fixed investment continued to expand.  Although residential investment declined after the previous quarter’s double-digit advance, net exports made another positive, if small, contribution to growth, and inventory accumulation had a neutral impact.  Total government spending grew in the second quarter, as a strong increase in federal outlays more than offset a small decline in state and local spending.  Labor market conditions remained healthy, as the monthly pace of payroll employment accelerated in the latest quarter and the labor force participation rate trended higher.  In June 2017, the unemployment rate stood at 4.4 percent, just above the sixteen-year low reached in May and well below the pre-recession norm of 5.3 percent.  Economic fundamentals remain solid and suggest growth will continue at a steady pace through the remainder of this year. 

Canadian Securities Regulators Publish Annual Report Outlining Investor Education Campaigns And Activities

Date 31/07/2017

The Canadian Securities Administrators (CSA) today published an annual activity report outlining its investor education and outreach efforts over the past year.

US Treasury Announces Marketable Borrowing Estimates

Date 31/07/2017

• During the July – September 2017 quarter, Treasury expects to borrow $96 billion in net marketable debt, assuming an end-of-September cash balance of $60 billion.  The borrowing estimate is $2 billion lower than announced in May 2017.

• During the October – December 2017 quarter, Treasury expects to borrow $501 billion in net marketable debt, assuming an end-of-December cash balance of $360 billion.

New York State Department Of Financial Services Continues Innovative Regulatory Initiatives With The Launch Of New Online Cybersecurity Portal For Businesses Seeking To Report Cybersecurity Events In New York - New DFS Portal Assists Businesses Complying With New York's First-In-The-Nation Cybersecurity Regulation - Covered Entities Can Also Virtually File Certificate Of Compliance Due By February 15, 2018

Date 31/07/2017

Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services (DFS) has launched a new online portal to securely transmit in real time all notifications required under New York’s first-in-the-nation cybersecurity regulation.  This regulation requires all banks, insurance companies, and other financial services institutions regulated by DFS to establish and maintain a cybersecurity program designed to protect consumers’ private data and ensure the safety and soundness of New York’s financial services industry.

TMX Group Spotlights Canada’s Next 150: The Future Has Never Looked Brighter

Date 31/07/2017

In celebration of Canada 150, TMX Group has launched an inclusive social media campaign to recognize the newest generation of dynamic, visionary Canadians leading our country to future success.

London Stock Exchange Group Plc Transaction In Own Shares

Date 31/07/2017

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:

EBA Reports Show That Banks Funding Plans Paint An Optimistic Outlook For Growth Whilst NPLs Remain A Drag On EU Banks New Lending

Date 31/07/2017

The European Banking Authority (EBA) published today two reports on EU banks' funding plans and asset encumbrance respectively. The reports aim to provide important information for EU supervisors to assess the sustainability of banks' main sources of funding. The results of the assessment show that banks plan to increase their lending and to expand deposits as well as market based funding.

SEC Files Fraud Charges Against Former Brokers Targeting Federal Retirees

Date 31/07/2017

The Securities and Exchange Commission today charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. 

IISL Index Dashboard For The Month Ended July 2017

Date 31/07/2017

Summary:

• On July 25, 2017, the NIFTY 50 crossed 10,000 level for the first time since its inception in November 1995.
• NIFTY 50 closed at 10,077.10 as on July 31, 2017, an increase of 556.20 points (5.84%) as against 9,520.90 as on June 30, 2017.The free float market capitalization of NIFTY 50 index was USD 594.58 Bn. as on July 31, 2017 as against USD 556.03 Bn. as on June 30, 2017. 
• The free float market capitalization of NIFTY Next 50 index was USD 109.97 Bn. as on July 31, 2017 as against USD 102.42 Bn. as on June 30, 2017.
• During the 1 month period ending July 31, 2017, NIFTY PSU Bank gained the most (12.72%) amongst all the indices whereas the NIFTY FMCG index (-3.77%) was the biggest loser. Biggest gainers in various categories are NIFTY Free Float Smallcap 100 (6.70%) in broad market index category, NIFTY Energy (10.59%) in thematic index category, NIFTY50 Value 20 (8.33%) in strategy index category and NIFTY PSU Bank (12.72%) in sectoral index category.
• During the 3 month period ending July 31, 2017, the biggest overall gainer was NIFTY MNC Index (14.99%) and biggest gainers in various categories are NIFTY 50 (8.31%) in broad market index category, NIFTY MNC (14.99%) in thematic index category, NIFTY50 Value 20 (10.06%) in strategy index category and NIFTY Financial Services (13.27%) in sectoral index category.
• The biggest overall gainer during the 1 year period ending July 31, 2017 is NIFTY Energy (37.77%) and biggest gainers in their respective index categories are NIFTY Smallcap 50 (33.93%) in broad market index category, NIFTY Energy (37.77%) in thematic index category, NIFTY Alpha 50 (29.96%) in strategy index category and NIFTY Realty (36.43%) in sectoral index category. NIFTY Pharma index (-18.99%) is the biggest loser during the 1 year period.
• During the month, Axis Mutual Fund and ICICI Prudential AMC launched exchange traded funds linked to NIFTY 50 and NIFTY100 Low Volatility 30 indices respectively.I
• ISL launched 4 multi-factor equity indices during the month. For more information on these indices, kindly visit http://www.niftyindices.com/Press_Release/ind_prs13072017.pdf.
• IISL also launched its new website www.niftyindices.com during the month

TSX Trust Appointed As Trustee For EllisDon’s Groves Memorial Community Hospital Development Project

Date 31/07/2017

TSX Trust, TMX Group's corporate trust services provider, has been appointed indenture trustee and security agent for EllisDon Infrastructure GMCH Inc.'s approximate CAD 100M bond issuance. The proceeds will be used to design and build the recently awarded Groves Memorial Community Hospital (GMCH) Development project. This project is being delivered using Infrastructure Ontario's Alternative Financing and Procurement (AFP) model, an innovative way to finance and procure large, complex public infrastructure projects.