News Centre

New Market Maker: BM&FBOVESPA Announces Market Maker For Options On Shares

Date 15/02/2017

BM&FBOVESPA announces Credit Suisse as the Market Maker for Options on Shares of Pão de Açúcar (PCAR4), Estácio (ESTC3), Itaú (ITUB4), Banco do Brasil Seguros (BBSE3), Cia Siderúrgica Nacional (CSNA3), Cyrela (CYRE3), Kroton (KROT3), Oi (OIBR3) and ETF Ishare Ibovespa (BOVA11). Of these securities, options on PCAR4 and ESTC3 are the only ones that now have a Market Maker at the Exchange after having spent a period without one.

CFTC Swaps Report Update

Date 15/02/2017

CFTC's Weekly Swaps Report has been updated, and is now available.

Convergex Expands Its European Footprint As It Prepares For MiFID II

Date 15/02/2017

Convergex, an agency-focused global brokerage and trading related services provider, announced today that it recently hired Robin Strong as Managing Director. Mr. Strong is based out of Convergex's London-based brokerage and will be responsible for expanding the firm's broad range of commission management, research payment and outsourcing services to buy and sell-side investment firms on a global basis.

Bats Welcomes Tortoise As A New Issuer To The Bats ETF Marketplace - 27 Issuers, 151 Funds Now Listed On Bats In The U.S.

Date 15/02/2017

Bats Global Markets, Inc. (Bats: BATS), the #1 U.S. market for exchange-traded fund (ETF) trading, today welcomed Tortoise as a new issuer to the Bats ETF Marketplace.

Office Of Financial Research Update - How To Focus Cybersecurity Efforts On Financial Stability.

Date 15/02/2017

The U.S. Office of Financial Research today posted a blog by Director Richard Berner, entitled, “How to Focus Cybersecurity Efforts on Financial Stability.” In the blog, Director Berner says, cybersecurity breaches can cause real harm to the operations and customers of financial companies. In a new paper in the OFR Viewpoint Series, the OFR describes how a cyber incident could also threaten financial stability through three channels: (1) lack of substitutability, (2) Loss of confidence, and (3) loss of data integrity.

Deutsche Börse AG Posts Further Net Revenue And Profit Growth For The Financial Year 2016 - Net Revenue 2016 Up 8 Per Cent, To €2,389 Million - Operating Cost Growth Of Only 1 Per Cent Due To Ongoing Efficiency Enhancements - Net Income Growth Of 14 Per Cent At The Upper End Of The Forecast Range / €4.34 Adjusted Earnings Per Share - Proposed Dividend Increase, To €2.35 Per Share - Net Income For 2017 Expected To Grow By A Further 10 To 15 Per Cent

Date 15/02/2017

Deutsche Börse AG published its preliminary results for Q4 and the financial year 2016 on Wednesday. The company generated net revenue of €2,388.7 million in the full year, an 8 per cent increase compared to the previous year (2015: €2,220.3 million). In particular, business development in the Eurex segment as well as Group-wide performance during the fourth quarter contributed to the increase; Q4 net revenue reached the highest level since 2008. Adjusted operating costs of €1,174.2 million were only slightly higher year-on-year (2015: €1,158.4 million), in spite of consolidation effects. This was largely due to ongoing enhancements of operating efficiency. Adjusted net profit for the period attributable to Deutsche Börse AG shareholders (referred to as “net income” below) stood at €810.8 million, up 14 per cent on the previous year (2015: €712.1 million). Basic earnings per share, adjusted for non-recurring effects, amounted to €4.34 (2015: €3.85).

CME Group Announces Copper Futures Open Interest Record, Surpassing 300,000 Contracts Milestone

Date 15/02/2017

CME Group, the world's leading and most diverse derivatives marketplace, today announced Copper futures open interest surpassed 300,000 contracts for the first time on Monday, February 13, 2017. Copper ended the trading session with a total of 300,996 contracts open interest, surpassing the previous record of 297,830 set on February 1, 2017.      

The Egyptian Exchange (EGX) And Sydney Stock Exchange (SSX) Sign A Memorandum Of Understanding

Date 15/02/2017

In an important step towards their mutual goals to build capital flows and communication channels, The Egyptian Exchange (EGX) and Sydney Stock Exchange (SSX) today signed a Memorandum of Understanding (MOU) that includes mutual cooperation and the exchange of information across both Exchanges' business areas.

BM&FBOVESPA’s Trading Hours: See The New Trading Hours For Exchange And OTC Markets As Of February 20

Date 15/02/2017

See the new trading hours for BM&FBOVESPA’s exchange and organized OTC markets, effective as of February 20, 2017, due to the end of daylight saving time in Brazil in February 19, 2017, and the start of daylight saving time in the US on March 12, 2017.

Fidessa Prospector Lands Another Award - Named Best New Product At Fund Technology & WSL Awards

Date 15/02/2017

Fidessa group plc (LSE: FDSA) today announced that Prospector, its automated liquidity generating module, has been voted Best New Product in the annual Fund Technology & WSL (Wall Street Letter) Awards. These awards recognise and reward providers serving asset managers and institutional traders that have demonstrated new, highly innovative product development over the past 12 months. This is the third industry award win for Prospector since its launch last March.

As market complexity continues to intensify, and the volume of data and its variety of sources continue to rise, a dashboard approach becomes essential to understanding trading workflow and ensuring it is always tuned for optimum results.

Prospector does this by finding trading and crossing opportunities that would otherwise be missed. It monitors live and historical client trading activity, watch lists, shareholdings and other trader defined data sources. It then presents the trader with an optimum list of opportunities that can be fulfilled via telephone or digital outreach. This means that users can identify and, crucially, act upon trading opportunities for their clients, which helps achieve the best possible execution outcomes whilst also helping mitigate unnecessary exchange fees.

Prospector was launched last year as part of Fidessa's Optimized Trading initiative. This strategy is focused on the next generation of sales traders and allowing them to deliver value added services in a highly efficient manner. All these tools are fully integrated within Fidessa's order management system.

James Blackburn, Global Head of Equities Product Marketing for Fidessa, commented: "In today’s complex trading environment, sales traders need to be able to find liquidity in an efficient and timely manner, particularly when handling large client orders. This means bringing together the right information, and making it available in the right way, so that traders can act fast to deliver the very best execution service to their clients. Prospector provides them with an innovative means of uncovering trading and crossing opportunities, right on their desktop. We are delighted to receive another award, as it underlines the value that market participants see in Prospector, in particular the clear and powerful competitive differentiation it delivers."

The award was presented at a gala dinner at 583 Park Avenue in New York last night.