News Centre

Remarks At FINRA And Columbia University Market Structure Conference, SEC Commissioner Michael S. Piwowar, Washington, D.C.

Date 27/10/2017

Thank you Charles [Jones] and Jonathan [Sokobin], for those very kind introductions.[1] Also, thank you both for putting together such a great conference. I am pleased to join you tonight for this terrific event. As many of you know, the intersection of market microstructure research and practical policy implications has long been a passion of mine. When I first started attending conferences as a young academic, I usually had to sit in a hotel conference room wondering whether people would actually show up when I began presenting my paper. So, I am honored to join you tonight and appreciate the opportunity to give this keynote address in front of such a large audience of distinguished researchers and experts.

Millennium Exchange Release 9.2 Oslo Børs – Guide To Dress Rehearsal

Date 27/10/2017

Oslo Børs facilitates a customer dress rehearsal in the Millennium production environment on Saturday 4 November as part of the necessary MiFID II upgrade of Oslo Børs’ Millennium trading platform. As previously announced will participation in the test be optional, although Oslo Børs encourages participation. 

LSEG: London Welcomes First African Convertible Bond

Date 27/10/2017

• Ecobank Transnational Incorporated (ETI) issues $150 million convertible bond on London Stock Exchange’s new International Securities Market (ISM)
• Becomes first African issuer on ISM
• Brings total volume admitted to ISM to over $1.2bn since launch
• Reinforces London’s status as the most international financial centre

NETEX To Start Trading On MAB On 31 October - Fifteen Companies Have Listed On MAB So Far This Year

Date 27/10/2017

The Board of Directors of MAB has approved the listing of NETEXin the Growth Companies segment of this market, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

Toronto Stock Exchange Welcomes Nexa Resources (Formerly Votorantim Metais) - Market Open Ceremony Celebrates One Of The Exchange's Largest Ever Mining IPOs

Date 27/10/2017

TMX Group announces Brazilian mining company Nexa Resources S.A (Nexa), formerly known as Votorantim Metais Holding S.A, will begin trading today on Toronto Stock Exchange (TSX) under the symbol TSX:NEXA.

HKEX Hosts Event To Mark End Of Its Floor Trading

Date 27/10/2017

Hong Kong Exchanges and Clearing Limited (HKEX) held a gathering in its Trading Hall and Exchange Exhibition Hall today (Friday) after its securities market closed to mark the end of the market’s floor trading.

New Report From ONEaccess Shows MiFID II Driving Asset Managers And Asset Owners To Measure Research ROI

Date 27/10/2017

ONEaccess, a Visible Alpha company, in collaboration with Institutional Investor, a leading international business-to-business publisher, and Substantive Research today published “MiFID II & Research” (Download the free research HERE). The thirty-five page report provides the results of an extensive survey of both asset managers and asset owners and covers topics from research budgeting to valuation to implementation. The findings are based on the views of senior asset managers and asset owners who are registered users of Institutional Investor’s private, online community.

Intercontinental Exchange Announces Sale Of Trayport To TMX Group In Exchange For £350MM Cash And NGX And Shorcan Energy

Date 27/10/2017

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced it has agreed to sell Trayport to TMX Group Limited (TMX Group) in exchange for certain TMX Group assets and cash of £350 million. In addition to cash, ICE will receive NGX and Shorcan Energy Brokers Inc. upon the completion of the transaction. In connection with the execution of the Agreements, ICE and TMX Group have also entered into a non-binding memorandum of understanding agreeing to explore in the future further avenues for possible collaboration.

TMX Group Announces Agreement With Intercontinental Exchange To Acquire Trayport And Sell NGX - Canada's Premier Exchange Group Moves To Accelerate Growth As A Global Data And Analytics Solutions Provider With Planned Addition Of European Pre-Trade Energy Platform, And Announces Analyst Conference Call To Discuss

Date 27/10/2017

TMX Group Limited (TMX Group) today announced it has entered into an agreement to acquire London-based Trayport Holdings Limited, and its U.S.-based affiliate, Trayport Inc. (collectively, Trayport), a world-leading provider of pre-trade energy solutions for traders, brokers and exchanges from Intercontinental Exchange, Inc. (ICE) for £550 million / C$931 million[1] in total consideration, including £350 million / C$592 million in cash. In conjunction with the proposed acquisition of Trayport, TMX Group has agreed to sell Natural Gas Exchange Inc. (NGX) and Shorcan Energy Brokers Inc. (Shorcan Energy) to ICE, valued at a combined £200 million / C$339 million. The sale of these assets was an important component of TMX Group's successful bid, which is part of the total consideration for the acquisition of Trayport.

EEX And Powernext Non-MTF Markets To Be Transferred Into OTFs In Line With MiFID II

Date 27/10/2017

With the entry into force of MiFID II on 3rd January 2018, EEX and Powernext will transfer their Non-MTF offering for power and natural gas into Organised Trading Facilities (OTFs). The implementation is subject to approval by the respective competent authorities. The existing regulated markets of the exchanges remain unchanged.