News Centre

SimCorp Coric Named Best Client Reporting Solution At Systems In The City Awards For Second Consecutive Year

Date 21/07/2016

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that its client communications and client reporting solution, SimCorp Coric, has been named Best Client Reporting Solution at the Systems in the City Awards 2016. This builds on SimCorp Coric’s success at the Awards last year, with the firm winning the category for the second year in a row.

U.S. Treasury: Statement From Secretary Lew On The Six-Year Anniversary Of The Enactment Of The Dodd-Frank Wall Street Reform And Consumer Protection Act

Date 21/07/2016

“When President Obama signed Wall Street Reform into law six years ago, our economy was still recovering from the worst recession since the Great Depression.  Thanks to the President’s decisive leadership and crucial steps taken by Congress, we not only avoided a full-scale depression but passed comprehensive financial reforms to put our system on a firmer footing and help prevent future crises.

S&P Dow Jones Risk & Volatility Index Dashboard - July 2016

Date 21/07/2016

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NYSE Leads In U.S. IPO Proceeds Raised To Date In 2016 - Leadership Continues In Technology IPOs And In ETPs At NYSE

Date 21/07/2016

The New York Stock Exchange (NYSE) remains the premier venue for global capital raising with over $5.1 billion in proceeds from U.S. initial public offerings (IPOs) year-to-date as of July 19, 2016. Activity for IPOs at the NYSE strengthened as the first half of 2016 progressed, particularly in the technology sector.

CME Group Announces Launch Of S&P 500 Total Return Index Futures And S&P 500 Carry Adjusted Total Return Index Futures

Date 21/07/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of S&P 500 Total Return Index Futures (S&P Total Return) and S&P 500 Carry Adjusted Total Return Index Futures (S&P Carry Adjusted Total Return) futures. These new products are designed to help market participants mitigate costs and find efficiencies related to new uncleared swap margin rules, which will go into effect on Sept. 1, 2016. The products will be available for trade August 29, pending regulatory review.

SIX Swiss Exchange: ETF Quarterly Statistics: 2nd Quarter 2016 - This Report Provides Detailed Figures Regarding The Performance Of SIX Swiss Exchange's ETF Segment

Date 21/07/2016

In the second quarter of 2016, SIX Swiss Exchange recorded an ETF trading turnover of CHF 22.3 billion, which equates to an increase of 1.3 billion relative to the same quarter in the previous year. This was revealed today in the latest edition of ETF Quarterly Statistics[pdf]. There were 236'896 ETF transactions carried out during this period. The average transaction size was CHF 96'403, corresponding to a slight decline quarter-on-quarter. At the same time, the number of transactions below CHF 10'000 in the second quarter stood at 97'375.

Meeting Of The Financial Stability Board In Chengdu On 21 July

Date 21/07/2016

The Financial Stability Board (FSB) met in Chengdu today to discuss current vulnerabilities and progress in addressing priority areas and deliverables for the G20 Leaders’ Summit in Hangzhou in September, including:

• Supporting the full, timely and consistent implementation of post-crisis reforms, while remaining ready to address any material unintended consequences.
• Addressing new and emerging vulnerabilities in the financial system, including potential financial stability risks associated with market-based finance, misconduct, and the reduction in correspondent banking relationships.
• Promoting robust financial infrastructure, by working with the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) to assess policies on central counterparty (CCP) resilience, recovery and resolvability, and to recommend any necessary improvements.
• Promoting effective macroprudential policymaking, by examining jointly with the International Monetary Fund (IMF) and the Bank for International Settlements (BIS) lessons learned from national and international experience.

UK's Financial Conduct Authority Publishes Thematic Review Into Dark Pools

Date 21/07/2016

Firms operating dark pools have made significant progress in addressing the promotion and the management of conflicts of interest according to a new report from the Financial Conduct Authority (FCA) published today.

UK's Financial Conduct AuthorityTR16/5: UK Equity Market Dark Pools – Role, Promotion And Oversight In Wholesale Markets

Date 21/07/2016

We have surveyed the UK equity marketplace, focusing on dark pools and broker crossing networks,  by examining promotional activity and the identification and management of conflicts of interest by dark pool operators.

Remarks By U.S. Treasury Secretary Jacob J. Lew At Joint Press Conference With Greek Finance Minister Euclid Tsakalotos

Date 21/07/2016

I would like to thank both Prime Minister Tsipras and Minister Tsakalotos for hosting me in Athens today.

Over the last year, Greece has made significant progress in meeting important reform commitments, which has helped stabilize the economy and reduce uncertainty.  I was encouraged to see Greece and the creditor institutions reach a successful conclusion to the first program review in May.  It was also encouraging to see recent growth forecasts come in above expectations, a sign that a better futures lies ahead for Greece.