News Centre

Algo-Logic Systems Launches FPGA Accelerated CME Tick-To-Trade System

Date 22/06/2016

Algo-Logic Systems announces the release of their latest Field Programmable Gate Array (FPGA) accelerated CME Tick-To-Trade (T2T) System. The sub-microsecond trading solution is ideal for latency-sensitive trading firms that need deterministic response times to market opportunities. The CME T2T System is built using internally developed, pre-built FPGA IP cores that significantly reduce time-to-market and provide flexibility for customizations.

ECB Reinstates Waiver Affecting The Eligibility Of Greek Bonds Used As Collateral In Eurosystem Monetary Policy Operations

Date 22/06/2016

• ECB’s Governing Council reinstates waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic, subject to special haircuts
• Waiver will enter into force on the next MRO settlement date (29 June 2016)
• Governing Council acknowledges the commitment of the Greek government to implementing current ESM programme and expects continued compliance with its conditionality
• Possible purchases of Greek bonds under the PSPP will be examined at a later stage

Deutsche Börse Cash Market: New PowerShares Equity Index ETF Launched On Xetra - ETF Tracks High-Dividend Low-Volatility Companies From Emerging Markets

Date 22/06/2016

A new index fund from the ETF offering issued by PowerShares Global Funds has been tradable on Xetra and Börse Frankfurt.

Steven Maijoor, Chair Of The European Securities And Markets Authority (ESMA), Speaks At ISLA’S 25th Annual Securities Finance And Collateral Management Conference

Date 22/06/2016

Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), today gave a speech at the International Securities Lending Association’s (ISLA) 25th Annual Securities Finance and Collateral Management Conference.

BMCE Bank International Goes Live On AxiomSL’s Regulatory Platform

Date 22/06/2016

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that BMCE Bank International, a subsidiary of one of Africa’s largest banks, has begun using AxiomSL’s platform to automate regulatory calculations and reporting in the UK. The bank chose AxiomSL because of its widely-recognized ability to produce accurate, automated regulatory reports while containing the cost of compliance.

Moscow Exchange Completes First Stage Of Migration To New Data Centre

Date 22/06/2016

Moscow Exchange has completed the first step to migrate its infrastructure to a new data centre. DataSpace1 will be used as a disaster recovery (DR) site for the Exchange's trading and clearing platforms from 23 July 2016 through the end of November 2016, at which time it will become the primary data centre for Moscow Exchange.

Listing Strengthens Dubai’s Development As Global Capital Of Islamic Economy - Emirates Islamic Chairman Rings Bell To Celebrate Listing Of USD 750 Million Sukuk On Nasdaq Dubai

Date 22/06/2016

• Ceremony underlines Nasdaq Dubai’s no. 1 position globally for Sukuk listings
• Sukuk issuance and listing reflects EI’s commitment to Islamic capital markets

Deutsche Börse Cash Market: Trading Start In Entry Standard For New Ferratum Bond

Date 22/06/2016

A new bond issued by Ferratum Capital Germany GmbH (ISIN: DE000A2AAR27) is tradable in the Entry Standard of the Frankfurt Stock Exchange as of today. The bond has an issue volume of €25 million and a term that runs until 22 June 2019. The bond’s interest rate is 4.875 percent and the nominal denomination €1,000. IFC BANK AG arranged the issue.

Abu Dhabi Global Market And The Banking Regulation And Supervision Agency Of Turkey Sign MOU To Bolster Cross-Border Cooperation

Date 22/06/2016

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Banking Regulation and Supervision Agency of Turkey (BRSA) entered into a Memorandum of Understanding (MoU) to co-operate and exchange supervisory and enforcement information, as well as foster the implementation of high regulatory standards in both jurisdictions.  The MOU was signed on 17 June 2016 by Mr. Mehmet Ali Akben, Chairman of the Turkish BSRA and Mr. Richard Teng, Chief Executive Officer of the ADGM FSRA.

Exane Selects SimCorp Dimension

Date 22/06/2016

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives. Based in Paris, Exane is an independent investment firm with three main lines of business (Brokerage in Cash Equities, Derivatives, and Asset Management), which services a diversified European and global client base.