News Centre

Euronext Launches New Collateral And Liquidity Risk Management Service

Date 15/02/2017

• Bringing together Collateral Transformation, Risk analytics and Inventory Management for all asset classes
• Providing direct access to financing markets and collateral upgrade opportunities for all market participants
• Reducing costs and introducing operational efficiencies
• Silo warrants on wheat and rapeseed will be introduced into the Euronext contract delivery mechanism later this year

BME Receives Mandate To Develop Project For The Modernisation Of The Algerian Stock Market - BME Exports Its Technology And Expertise

Date 15/02/2017

BME, in collaboration with AFI and ALMIS, has received a mandate to develop the "Project for the Modernisation of the Algerian Financial System", which consists of the analysis, design and implementation of IT platforms for the automation of the data systems of the institutions and market members.

Euronext Publishes 2016 Full-Year Results

Date 15/02/2017

Today Euronext announced its results for the full year 2016.

• Strong operating performance despite pressure on trading volumes:
  
  • Decrease in revenue: -4.3%, to €496.4 million (2015: €518.5 million). Efficient yield management partially offset lower trading volumes (average trading volumes decreased by   -15.3% vs 2015 for cash products and by -7.2% for derivatives).
  • Cost discipline resulted in strong reduction in operational expenses excluding depreciation and amortization: -9.4%, to €212.5 million (2015: €234.7 million).
  • €15.6 million of cumulated gross efficiencies achieved since Q2 2016 as part of the cost cutting programme announced in the Agility for Growth plan, including some releases of accruals for €3.3 million.
• Stable EBITDA at €283.9 million translated into a strong improvement in EBITDA margin, to 57.2% (2015: 54.7%).
• Significant increase in EPS (basic): +14.6%, to €2.83 (2015: €2.47).
• In line with dividend policy, €1.42 per share dividend proposed for approval at the AGM on 19 May 2017, which represents an increase of 14.5% compared to €1.24 per share paid last year.
• Important milestones achieved in the deployment of Agility for Growth Strategic plan.
• Optionality to deploy capital thanks to cash flow generation profile and strong balance sheet.
• Disciplined M&A approach combined with potential acquisition of LCH.Clearnet SA, a strong value proposition for Euronext’s stakeholders.

SIX Swiss Exchange: SLS Includes Two Additional European Markets

Date 15/02/2017

SEI Chooses Milestone Group’s pControl Multi-Asset Solution For OCIOs

Date 15/02/2017

Milestone Group, the global provider of investment technology and processing solutions for institutional investors, today announced that SEI (NASDAQ:SEIC) has selected its pControl multi-asset software platform to support the growth of its Outsourced Chief Investment Officer (OCIO) business.

Nasdaq Dubai Welcomes Listing Of USD 1 Billion Sukuk By Dubai Islamic Bank

Date 15/02/2017

Nasdaq Dubai welcomed today’s listing of a 1 billion US dollar Sukuk by Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, on the region’s international exchange.

NEX Group Plc – Trading Statement

Date 15/02/2017

• Q3 Group revenue up 11% (YTD up 4%)
• NEX Markets Q3 revenue up 15% (YTD up 4%)
• NEX Optimisation Q3 revenue up 6% (YTD up 4%)
• Completion of transaction with Tullett Prebon
• Abide Financial joins NEX Optimisation

Monetary Authority Of Singapore: Faster Approvals And Lower Requirements For Venture Capital Managers

Date 15/02/2017

The Monetary Authority of Singapore (MAS) today published a consultation paper proposing a simplified authorisation process and regulatory framework for managers of venture capital funds (VC managers). The move is part of MAS’ broader efforts to promote financing for enterprise development.

New Zealand's Financial Markets Authority Updates Strategic Risk Outlook And Sets Course For New Era In Conduct Regulation

Date 15/02/2017

Today the Financial Markets Authority published its updated Strategic Risk Outlook (SRO). This is a foundation FMA document and sets out how the regulator identifies and prioritises the key risks to its overall objective of fair, efficient and transparent markets.

Readout From A Treasury Spokesperson Of US Teasury Secretary Mnuchin’s Call With UK Chancellor Of The Exchequer Philip Hammond

Date 15/02/2017

U.S. Treasury Secretary Steven Mnuchin spoke by phone today with UK Chancellor of the Exchequer Philip Hammond.