News Centre

Deutsche Börse Group: Business Indicators For February 2024

Date 14/03/2024

A summary of Deutsche Börse Group's business indicators for February 2024 is now available on the Deutsche Börse website:

Alexandre Kech To Become New CEO Of Global Legal Entity Identifier Foundation

Date 14/03/2024

The GLEIF Board of Directors today announces the appointment of Alexandre Kech to the position of Chief Executive Officer (CEO), effective June 26, 2024. Alexandre Kech will join GLEIF as CEO-elect on May 1, 2024. Stephan Wolf, who has served as CEO since GLEIF's inception in 2014, will work closely with Alexandre Kech to enable a smooth transition before stepping down after ten successful years in the role.

IPC Systems Partners With Business Systems To Deliver Future-Proofed Data Management Strategies

Date 14/03/2024

IPC, a premier communications and compliance solutions provider has announced a strategic partnership with Business Systems Ltd (“BSL”), a leading provider of compliance and customer experience solutions, to support organizations to future proof their data management strategies.

Gap Widens Between Leaders And Non-Leaders As Digital Transformation In Financial Services Reaches New Level Of Maturity - Firms Pacing Investments In Core Technologies And Cyber While Promise Of Genai And The War For Talent Becomes The Next Battleground

Date 14/03/2024

As the digital revolution accelerates, financial institutions are racing to create enterprise value by investing heavily through the economic cycle, according to a new study by Broadridge Financial Solutions, Inc. (NYSE: BR). The study found that 75% of executives are confident in their tech transformation roadmap, but a digital maturity gap is growing between leaders and non-leaders. While more than two-thirds say they have made meaningful progress in modernizing their core IT platforms, organizations must make progress against multiple tech and talent frontiers as they grapple with new technologies like GenAI, rising cybersecurity challenges, and accelerating needs for seamless digital customer experiences.

United Fintech Announces Strategic Management Reshuffle

Date 14/03/2024

Following investments by BNP Paribas and Citi, United Fintech names Troels O. Lindblad as CFO and Rasmus Bagger as CCO while Marc Levin advances to CEO of Athena Systems in a strategic management reshuffle to adopt even more customer-centric ways of working, says United Fintech CEO Christian Frahm.

DGCX Monthly Bulletin - February 2024

Date 14/03/2024

In February 2024, 152,094 contracts were traded on DGCX with a value of USD 3,653.22 million and an average Open Interest of 10,043.

Hong Kong Securities And Futures Commission: Pre-Trial Review Fixed For Unlicensed Dealing Prosecution

Date 14/03/2024

The Eastern Magistrates’ Court today set down 23 May 2024 for a pre-trial review of the prosecution brought by the Securities and Futures Commission (SFC) against Ms Lai Ka Yi.

Investing In Outcomes: A Regulatory Approach To Deliver For Consumers, Markets And Competitiveness, Speech By Nikhil Rathi, UK Financial Conduct Authority Chief Executive Delivered At The Morgan Stanley Financials Conference

Date 14/03/2024

Key points:

• We want a deeper, more open relationship with investors, analysts, and the markets as a whole – particularly now that we have more freedom to tailor our rules to our markets. 
• We will be pragmatic when looking at enforcement of the Consumer Duty, tackling breaches that pose the greatest risk of harm but looking favourably on firms that have made reasonable efforts to address concerns. 
• We are not a price regulator and we will not stand in the way of well-run businesses making profits in the face of effective competition. 
• In dealing with motor finance claims, we have intervened now to establish the facts and are aiming for earlier clarity than previous redress events. The more quickly and comprehensively firms cooperate with requests for data, the sooner we can conclude our work.
• Firms and their investors need honest conversations about the balance between short-term shareholder returns and long-term investment to ensure medium-term competitiveness. 

Issuance.Swiss AG Becomes New Crypto ETP Issuer At SIX Swiss Exchange

Date 14/03/2024

SIX welcomes Issuance.Swiss AG as a new issuer of exchange traded products (ETPs) with crypto currencies as underlyings. Issuance.Swiss AG is launching products by Figment Europe and Liqwid Finance through a partnership with Apex Group. It is the 18th issuer of ETPs at SIX Swiss Exchange.

Hong Kong Securities And Futures Commission Warns Public Against Unlicensed Virtual Asset Trading Platform Bybit

Date 14/03/2024

The Securities and Futures Commission (SFC) today warns the public of an unlicensed virtual asset trading platform (VATP) known as Bybit, which offers trading services in crypto-related products in a number of jurisdictions.