News Centre

European Union: High-Level Response To JC Discussion Paper 2016 86 On The Use Of Big Data By Financial Institutions

Date 25/04/2017

The SMSG’s overall view of the Big Data phenomenon is consistent with the analysis of its potential benefits and risks identified in the JC Discussion Paper. The use of Big Data by financial institutions has the undisputed potential to improve the variety and quality of service provision; at the same time, the increasing use of Big Data entails a set of investor protection risks which calls for a close monitoring by supervisors.

ESMA Publishes An Opinion On MAR Accepted Market Practices On Liquidity Contracts

Date 25/04/2017

The European Securities and Markets Authority (ESMA) has published an opinion on the points for convergence in relation to accepted market practices (AMP) under the Market Abuse Regulation (MAR) on liquidity contracts. These agreed points are expected to be used as a reference in the assessment of the MAR AMPs on liquidity contracts that national competent authorities (NCAs) may submit to ESMA after a domestic consultation and on which ESMA will have to issue an opinion.

London Stock Exchange Group Plc Transaction In Own Shares

Date 25/04/2017

London Stock Exchange Group plc (the "Company") announces that it has purchased through Barclays Capital Securities Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 27 April 2016, 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:

Irish Stock Exchange Is Well-Positioned To Benefit From Global Growth In Aviation Financing

Date 25/04/2017

Gerard Scully, who leads the Irish Stock Exchange's International Primary Markets listings business, writes about the ISE's offering to the aircraft financing sector.

CFTC Adds 71 Names To Its List Of Foreign Entities That Illegally Solicit U.S. Residents To Trade Binary Options And Forex - Registration Deficient (RED) List On CFTC Website Identifies Entities Operating Illegally Without Being Registered

Date 25/04/2017

As part of the U.S. Commodity Futures Trading Commission’s (CFTC) ongoing efforts to help protect Americans from fraud, today the CFTC added 71 new names to the RED List. These 71 new additions bring the total number of foreign entities on the RED List to over 110.

Corrected: OpenDoor Re-Boots U.S. Treasury Market With Dedicated All-To-All Trading Platform

Date 25/04/2017

OpenDoor Securities (“OpenDoor”) is today launching the first trading platform dedicated to improving liquidity in the less liquid segments of the U.S. Treasury bond market. Nearly three dozen firms representing more than $5 trillion of AUM and six sponsor-dealers are already onboarded to participate.

EFSF Raises €8 Billion In Two Bond Deals

Date 25/04/2017

European Financial Stability Facility (EFSF) on Tuesday raised €8 billion in a dual-tranche deal, completing its funding needs for the second quarter.

OCC Says Implementation Of SA-CCR Important For Liquid And Orderly Listed Options Markets - By John Fennell, OCC Executive Vice President And Chief Risk Officer, April 25, 2017

Date 25/04/2017

As the agency for all U.S. options exchanges and in our role as a Systemically Important Financial Market Utility, OCC is a strong advocate for our exchanges, clearing firms and all market participants. Our clearing members commit capital and provide a secure environment for the clearance and settlement of transactions originating with direct trading participants in the listed options market, including market makers. These market makers are critical to enhancing the overall resilience of the options markets by providing liquidity and ensuring an orderly market by taking the opposite side of trades from options buyers and sellers, especially during times of market stress. This is evidenced by the fact that registered market makers currently account for one side of approximately 90 percent of all customer originating trades executed on the Chicago Board Options Exchange.

Statement From Andrew Bailey, Chief Executive Of The FCA, On The Decision By The Rt Hon Andrew Tyrie MP To Stand Down From Parliament

Date 25/04/2017

Statement from Andrew Bailey, Chief Executive of the Financial Conduct Authority, on the decision by the Rt Hon Andrew Tyrie MP to stand down from Parliament:

"I would like to thank Andrew for his contribution to public policy through the Treasury Select Committee and the Parliamentary Commission on Banking Standards.  He has played a major role in enhancing the accountability of economic and financial policy at a time of great change."

TFEX Launches New Trading Competition Campaign

Date 25/04/2017

Thailand Futures Exchange PCL (TFEX) launches new trading competition campaign, in collaboration with the Thai Futures Industry Club (FI Club) and 16 leading derivatives brokers.