News Centre

Federal Reserve Chair Janet L. Yellen Semiannual Monetary Policy Report To The Congress Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C., February 14, 2017

Date 14/02/2017

Chairman Crapo, Ranking Member Brown, and other members of the Committee, I am pleased to present the Federal Reserve's semiannual Monetary Policy Report to the Congress. In my remarks today I will briefly discuss the current economic situation and outlook before turning to monetary policy.

7Chord Seamlessly Integrates Quantifi’s Advanced Model Library

Date 14/02/2017

Quantifi, a provider of risk, analytics and trading solutions, today announced that 7Chord has integrated its market leading model library for pricing and analytics of cash and derivative credit instruments. 7Chord is a financial technology and proprietary trading firm which uses the latest advances in machine learning to automate “routinizable” aspects of pricing and execution in the corporate bond market. Their business is a prime example of how the proliferation of the electronic market venues over the past several years has encouraged the new digital generation of liquidity providers to enter the markets.

Hong Kong's Securities And Futures Commission Withdraws Restriction Notice Issued To A Broker In Connection With Client’s Suspected Insider Dealing

Date 14/02/2017

The Securities and Futures Commission (SFC) has withdrawn the Restriction Notice issued to Kingsway Financial Services Group Limited (KFS) in connection with a client account that holds proceeds of suspected insider dealing in the shares of TeleEye Holdings Limited (TeleEye).

ETFGI Reports ETFs/ETPs Listed Globally Gathered Record Inflows Of 62 Billion US Dollars And Assets Reached A New High Of 3.689 Trillion US Dollars At The End Of January 2017

Date 14/02/2017

ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today assets invested in ETFs/ETPs listed globally reached a new record high of US$3.689 trillion at the end January 2017 surpassing the prior record of US$3.546 trillion set at the end of December 2016.  

ESMA Writes To European Commission On MiFID II Systematic Internalisers Operating Broker Crossing Networks

Date 14/02/2017

The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic internalisers (SIs) by investment firms to circumvent certain MIFID II obligations; in particular, the requirements for investment firms operating internal matching systems and executing client orders on a multilateral basis to be authorised as trading venues, and the trading obligation for shares.

Cinnober Forms Management Team For New Subsidiary, Patrick Tessier Joins As COO - Appoints Chief Operating Officer With Extensive Experience At Global Investment Banks

Date 14/02/2017

Cinnober recently announced the establishment of a new subsidiary that will provide real-time post-trade technology and services to investment banks. The new subsidiary will modernize client clearing operations, a business area tightly squeezed by new regulatory obligations, higher capital requirements, and high spending on legacy IT infrastructures.

Japan's Financial Services Agency: Exchange Of Letters On Co-Operation In The Area Of Banking Supervision With The Central Bank Of The Islamic Republic Of Iran (CBI)

Date 14/02/2017

The Financial Services Agency (FSA) exchanged the Letters on co-operation in the area of banking supervision with the Central Bank of the Islamic Republic of Iran (CBI) on February 12, 2017.

• Letters on co-operation in the area of banking supervision (English) (PDF:7,792KB)

Abu Dhabi Global Market Joins FinTech-Leader EquiChain’s Market Infrastructure Group

Date 14/02/2017

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, is pleased to be a member partner of the industry working group (the Market Infrastructure Group) established by Equichain, a London-based FinTech company. This Group, comprising global industry

A Record Of 85 Teams Took Part In NUS-SGX Stock Pitch Competition 2017

Date 14/02/2017

Three teams each from Singapore Management University (SMU), Nanyang Technological University (NTU) and National University of Singapore (NUS) emerged as winners of the NUS-SGX Stock Pitch Competition finals held last night in Singapore Exchange’s (SGX) auditorium.

UK's Financial Conduct Authority Reviews Effectiveness Of UK Primary Capital Markets

Date 14/02/2017

The Financial Conduct Authority (FCA) has today published a Discussion Paper which seeks feedback on how the UK primary capital markets can most effectively meet the needs of issuers and investors.