News Centre

European Regulation’s Delegated Acts Will Intensify Inspection Of Research And Execution Costs Says TABB Group - New Research Finds As MiFID Ii Takes Hold, Buy-Side Firms’ Focus Extends Beyond Payments For Research To Execution Performance

Date 16/06/2016

Though industry participants breathed a collective sigh of relief following publication of the Delegated Acts by the European Commission in April 2016, TABB Group expects this relief may be short-lived. Intended to improve market transparency and integrity, the regulation will ultimately lead to the demise of the bundled service model. TABB’s latest equities research, “Unbundling: Opening Pandora’s Box,” reviews the far-reaching consequences unbundling will have not only for the payment of research, but for European capital markets overall.

S&P Dow Jones Indices Index Dashboard: Risk & Volatility June 16, 2016

Date 16/06/2016

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UK's Financial Conduct Authority Charge Five In Alleged Investment Fraud

Date 16/06/2016

Following an investigation by the Financial Conduct Authority Michael Nascimento (DOB: 28/06/1977); Hugh Edwards (DOB: 13/07/1982); Stuart Rea (DOB: 12/02/1968); Ryan Parker (previously known as Ryan Sell DOB 26/11/1992) and Jeannine Lewis (DOB: 15/09/1967), all of whom live in London and the South East, appeared today before Southwark Crown Court charged with conspiracy to defraud, together with offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006. Two of the five are also charged with perverting the course of justice contrary to the common law and one has been charged with money laundering offences contrary to the Proceeds of Crime Act 2002.

Singaporean And Australian Regulators Sign Agreement To Support Innovative Businesses

Date 16/06/2016

The Monetary Authority of Singapore (MAS) and ASIC today signed an Innovation Functions Co-operation Agreement which aims to help innovative businesses in Singapore and Australia in their foray to the respective markets.

Swiss National Bank: Monetary Policy Assessment Of 16 June 2016 - Monetary Policy Remains Expansionary

Date 16/06/2016

The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At the same time, the SNB will remain active in the foreign exchange market, as necessary. The negative interest rate and the SNB’s willingness to intervene in the foreign exchange market are intended to make Swiss franc investments less attractive, thereby easing pressure on the currency. The Swiss franc is still significantly overvalued. The SNB’s expansionary monetary policy is aimed at stabilising price developments and supporting economic activity.

Bank Of England Maintains Bank Rate At 0.5% And The Size Of The Asset Purchase Programme At £375 Billion

Date 16/06/2016

Monetary policy summary

Available as: PDF

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment.  At its meeting ending on 15 June 2016 the MPC voted unanimously to maintain Bank Rate at 0.5%.  The Committee also voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

Kx Hires Leading Data Storage Expert

Date 16/06/2016

Kx Systems, the acknowledged leader in time-series analytics for streaming, real-time and historical data, today announced the appointment of data storage expert Glenn Wright, as a Senior Architect. Wright brings to the company over 20 years of technical experience in the High-Performance Computing (HPC) industry, working on server, networking and storage elements of extreme performance solutions.

Changes In The FTSE/ATHEX Index Series

Date 16/06/2016

Aiming to increase the functioning, readability and effectiveness of FTSE/ATHEX Index Series, Athens Exchange and FTSE Russell - following a treatment that has been applied in the past for other FTSE/ATHEX Index Series ? decided to rebase

Results Of MSCI 2016 Market Classification Review - MSCI Will Delay Including China A Shares In The MSCI Emerging Markets Index

Date 16/06/2016

MSCI Inc. (NYSE: MSCI), a leading provider of global equity indexes, announced that it will delay including China A shares in the MSCI Emerging Markets Index. Over recent months, Chinese authorities have introduced significant improvements in the accessibility of the China A shares market for global investors. These improvements touch the major categories previously cited as impediments to inclusion: (1) resolution of the issues regarding beneficial ownership, (2) enhanced regulations on trading suspension, which was flagged as the most critical by investors, and (3) QFII policy changes aimed at addressing quota allocation and capital mobility restrictions.

European Power Exchange EPEX SPOT Exchange Council: Bernhard Walter Elected New Chairman, APX Members Join - Trading Fees For German 15-Minute Intraday Auction Reduced To 0.07 EUR/MWh

Date 16/06/2016

At the quarterly meeting of the Exchange Council of the European Power Exchange EPEX SPOT, the members elected Bernhard Walter, Head of Market Design & Regulatory Affairs at EnBW AG, as the new Chairman of the Exchange Council. He follows Peter Heydecker who steps down after four years.