News Centre

Intercontinental Exchange Announces Agreement To Acquire Global Research Index Platform From Bank Of America Merrill Lynch

Date 01/06/2017

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that it has entered into a definitive agreement to acquire the Global Research division’s index platform from Bank of America Merrill Lynch. The BofAML indices are the second most used fixed income indices by assets under management (AUM) globally, and upon closing, the AUM benchmarked against the combined fixed income index business of ICE will be nearly $1 trillion. Upon closing, the indices will be re-branded as the ICE BofAML indices. The terms of the agreement were not disclosed, and the transaction is expected to be completed in the second half of 2017. The financial impact of the transaction is expected to be immaterial in 2017.

Thoughts On The Normalization Of Monetary Policy, Federal Reserve Governor Jerome H. Powell, At The Economic Club Of New York, New York, New York

Date 01/06/2017

Thank you for the opportunity to speak here at the Economic Club of New York. Today I will discuss the ongoing progress of our economy and the prospects for returning both the federal funds rate and the size of the Fed's balance sheet to more normal levels. As always, the views I express here are mine and not necessarily those of the Federal Open Market Committee (FOMC).

Lysis Financial Launches New Managed Service For Onboarding, KYC And Client Lifecycle Management (CLM), Powered By iMeta - Cost Effective, Operational Efficient And Regulatory Surety Solution For All KYC And AML Processing Capabilities

Date 01/06/2017

Lysis, a leader in business change management services and a provider of innovative KYC services through Lysis Operations, and iMeta, a provider of Client Lifecycle Management software, have joined forces to create a comprehensive Client Lifecycle Managed Service designed specifically for the small to medium size institutions in the financial services sector. The new offering streamlines the on-boarding, KYC and CLM processes, and will benefit financial firms who are looking to significantly improve efficiency and reduce the cost of their overall regulatory operational KYC processing and reporting obligations without having to incur the high capital investment typically associated with on-premise CLM and KYC solutions.

London Stock Exchange Group Plc - Total Voting Rights

Date 01/06/2017

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

EBRD Recognised For Its Work Developing Covered Bond Markets In CEE

Date 01/06/2017

The EBRD’s work developing covered bonds markets in central and eastern Europe (CEE) was recognised with the Editor’s Award for Excellence offered by the International Capital Markets Association (ICMA) and The Covered Bond Report.

MTS Launches Global Collateral Management Segment For D2C Repo Trading

Date 01/06/2017

• New service streamlines dealer and client trade flows via RFQ trading protocol
• Full client audit trail for proof of best execution
• Integrated with current trading software for STP connectivity
• LCH Ltd signs as first buy-side trading client

New Strategy To Boost Vienna Stock Exchange As European Hub

Date 01/06/2017

• Management to boost VSE's international standing by expanding product offering and intensifying global marketing 
• Key strength - 75% market share for Austrian stocks trading – to be capitalized on; role as technology & data provider to be further scaled up
• VSE as one-stop shop for foreign stocks traded in Austria: US stock trading launched today, other foreign stocks to follow

The Trading Volume On The Spanish Stock Market Reached €61.9 Billion In May, Up 28% Year-On-Year

Date 01/06/2017

• The equity trading volume on the first five months of 2017 reached €291.6 billion
• The number of trades in May grew 19% year-on-year
• ETF trading increased 45% from May 2016
• Trading in Financial Derivatives in May was up 17% from the same period a year earlier
• New admissions on MARF in May were up 102% year-on-year

Algorithmic Trading: E-trading Governance Ups The Pace - GreySpark Partners

Date 01/06/2017

High-performance algorithmic trading is no longer the privilege of a few high-tech trading firms leveraging cutting-edge, specialised infrastructure.  Low-latency trading services are now commoditised, allowing a broader audience of market participants to access this ‘F1 e-trading world.’  However, trading firms also need to invest in more than just straight-line performance; it is now just as important to have the right ‘pit crew’ supporting the business, certifying the controls and governance of the algorithms being used on the trading platform to ensure the safety of the financial stability of the firm and of the firm’s clients.

Turnover At Deutsche Börse’s Cash Markets At 131.5 Billion Euros In May

Date 01/06/2017

Order book turnover on Deutsche Börse cash market rose significantly in May compared to the previous year. Turnover on the trading venues Xetra, Börse Frankfurt and Tradegate Exchange totaled €131.5 billion (May 2016: €103.8 billion).