News Centre

LME Announces Launch Of LMEshield - First Warehouse Receipt Issued

Date 28/04/2016

The London Metal Exchange (LME) today announces the successful launch of LMEshield, the new electronic warehouse receipt system for the global commodities market. The first receipt was issued by Henry Bath & Son Ltd on behalf of BNP Paribas Arbitrage SNC.

CME Group Inc. Reports Strong First-Quarter 2016 Financial Results

Date 28/04/2016

• Total average daily volume reached a record 16.9 million contracts in first-quarter 2016, achieving quarterly records in energy, total options and electronic options
• Record first-quarter 2016 revenue of $934 million increased 11 percent compared with first-quarter 2015
• Record first-quarter 2016 adjusted net income and record adjusted diluted earnings per share increased 18 percent and 17 percent, respectively

Energy Trading Software Merger Faces In-Depth Investigation - Intercontinental Exchange’s Acquisition Of Trayport Faces Being Referred For In-Depth Investigation By The CMA

Date 28/04/2016

Intercontinental Exchange’s completed acquisition of Trayport faces being referred for an in-depth investigation by the CMA.

UK Jumps Ahead Of Singapore As The Second Largest Offshore RMB Clearing Centre - 40% Of All Payments Made Between The UK And China/Hong Kong Are Exchanged In RMB

Date 28/04/2016

According to SWIFT’s latest RMB tracker, the United Kingdom’s RMB payments value increased by 21% between March 2014 and March 2016, positioning the United Kingdom as the first offshore RMB clearing centre after Hong Kong. Singapore overtook the United Kingdom in February 2014, but the trend started to reverse as of January 2016. Hong Kong still remains the world’s largest offshore RMB centre, processing 72.5% of all RMB payments, followed by United Kingdom with a share of 6.3% and Singapore with 4.6%.

NovitasFTCL Advises Shareholders Of Risk Intelligence Ireland On Its Sale To Verisk Analytics Inc.

Date 28/04/2016

NovitasFTCL acted as M&A advisor to the shareholders of Risk Intelligence Ireland on its sale to Verisk Analytics Inc.  This transaction, in the Insurance data / analytics sector, is our second sale this year of a European Fintech business to a US trade buyer. The business attracted significant interest from Private Equity and trade buyers across Europe and the US. http://www.riskintelligence.ie/press-release-14-april-2016/

FTSE Russell: Innovative New Index Supports Investors Seeking To Divest Fossil Fuels And Invest In The Green Economy

Date 28/04/2016

• FTSE Divest-Invest Developed 200 Index reduces index exposure to fossil fuel companies while for the first time systematically increasing exposure to companies with green revenues
• Index developed from FTSE Russell’s proprietary new LCE green investment data model
• BNP Paribas licensed index for future swaps and structured products

BME Posts €42.9 Million Net Profit In The First Quarter - Up 4.6% From The Previous Quarter

Date 28/04/2016

• Revenue for the first quarter stood at €82.1 million
• EBITDA for the first three months reached €55.3 million
• The cost base coverage ratio with revenue not linked to volumes closed the first quarter at 117% of costs covered, an increase of 3 points versus the value of the indicator in the first quarter of 2015
• The efficiency ratio and ROE remain stable and in line with preceding years, ranking among the best in the sector
• Investment flows channelled through the Exchange in the first quarter of 2016 totalled €3.3 billion

Euronext Expands ETF Activity To London

Date 28/04/2016

Euronext has extended its range of ETF listing and trading venues to London, enabling ETF issuers to access the UK investor base alongside its existing Eurozone trading and distribution network. Further benefits to issuers include competitive pricing, superior European cross listing efficiency and reduced time to market. Lyxor today listed the first two ETFs on Euronext London, the Lyxor UCITS ETF FTSE EPRA/NAREIT Global Developed and the Lyxor UCITS ETF Euro Stoxx Banks .

Pontus Networks Releases Zing Edition Of Thread Manager - Joint Pontus/Azul Solution Helps Reduce The Risk Of FX Market Arbitrage By Enhancing FX Application Performance And Reducing Peak Latencies

Date 28/04/2016

• The combination of Azul Zing plus PontusVision Thread Manager provides investment banks with a proven 20X latency improvement on FX pricing system performance
• By deploying Thread Manager, FX market arbitrage risk is greatly reduced through improved platform performance and the eradication of response time outliers
• The Zing edition of Thread Manager is a game changer for FX traders – increasing price predictability and reducing risk/analytics calculation times while improving messaging and business workflow performance -- and keeping arbitrage risk at bay

Japan’s Financial Services Agency: Information Sharing Of Cases Regarding Unauthorized Use Of Bank Accounts

Date 28/04/2016

The FSA provides information regarding unauthorized use of bank accounts to relevant financial institutions and law enforcement authorities.