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European Council - Council Of The European Union: Money Market Fund Rules Adopted
Date 16/05/2017
EU rules are to be introduced on money market funds, aimed at supporting the role that the €1 trillion market plays in financing the economy.
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Avelacom Chooses AT TOKYO To Improve Its London – Tokyo Low Latency Connectivity Offerings
Date 16/05/2017
Avelacom, a global connectivity provider, has launched a new point of presence (PoP) at AT TOKYO data center facilities with the aim to improve low latency offerings for key financial markets in London and Tokyo.
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European Council, Council Of The European Union - Capital Markets Union: New Prospectus Rules Adopted
Date 16/05/2017
On 16 May 2017, the Council adopted new rules on prospectuses for the issuing and offering of securities.
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EEX To Launch Phelix-AT Futures And additional Phelix-DE Futures And Options In Light Of Potential Bidding Zone Split
Date 16/05/2017
Against the background of a potential split of the German-Austrian bidding zone the European Energy Exchange (EEX) will launch financially settled power futures for the domestic Austrian market area and will also extend the Phelix-DE product suite with further short-term maturities, non-MTF contracts and options.
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Bank Of America Merrill Lynch Joins Neptune
Date 16/05/2017
Neptune, the Fixed Income network for real-time “axe” indications, today announced the addition of Bank of America Merrill Lynch (“BAML”) to its network. With BAML, Neptune now has 22 banks signed to participate on the network with 19 live.
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New Release Of Axioma’s Japan Equity Factor Risk Model
Date 16/05/2017
Axioma, a global provider of innovative risk and portfolio management solutions, today launched the latest version of its Japan Equity Factor Risk Model suite (“AXJP4”). The Model provides improved methodologies, enhanced style factors and enriched exposures for its fundamental and statistical models, which all combine to deliver improved risk forecasts and better articulate risk.
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AlfaStrakhovanie Gained Access To FX Trading On Moscow Exchange
Date 16/05/2017
On 11 May 2017, AlfaStrakhovanie was admitted to trading on Moscow Exchange's FX Market and executed its first FX trades. AlfaStrakhovanie is the first insurance company to gain direct access to on-exchange foreign currency trading.
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Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange And Montréal Exchange Closed For Victoria Day
Date 16/05/2017
Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange will be closed on Monday, May 22, 2017 for the Victoria Day holiday. NGX will remain open for regular trading.
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AllianceBernstein Selects Algomi As Partner To Acquire ALFA Fixed Income Liquidity And Analytics Tool - T. Rowe Price, Bluebay Asset Management, Brown Brothers Harriman And AllianceBernstein, To Be Among Early Adopters Of Algomi ALFA - Initiative Will Deliver Bond Markets With An Aggregated Picture Of Liquidity Signals Across Multiple Electronic Venues, Message Platforms And Direct Dealer Inventories
Date 16/05/2017
Algomi, the network company providing information-matching solutions for the optimization of fixed income liquidity, today announced that the company will acquire and distribute the award-winning ALFA product created and developed by AllianceBernstein (AB).
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EEX To Launch Austrian Power Future And extend Phelix-DE Future Products
Date 16/05/2017
In response to the planned split of the German-Austrian price zone, the European Energy Exchange (EEX) will launch a financially settled power future for the Austrian market area. Scheduled to launch on 26 June 2017, the new products will comprise base and peak contracts with a monthly, quarterly and yearly maturity. With the introduction, EEX provides an additional product suite that allows exchange members to hedge against prices changes in the domestic Austrian market.
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