News Centre

EEX Publishes 2016 Auction Calendar For The New EU Common Auction Platform - Auctions To Resume On 5 September – Dates And Volumes Announced

Date 22/08/2016

The European Energy Exchange (EEX) has determined the Auction Calendar for the auctions of EU allowances (EUA) and EU aviation allowances (EUAA) to be held on the successor EU common auction platform (“CAP2”), in accordance with the EU Auctioning Regulation.

London Metal Exchange: Temporary Closure Of 10 Finsbury Square

Date 22/08/2016

The LME has been informed by the building manager that, following the issue identified on 16th July, 2016, repairs are on schedule to be completed by 22nd August.                                 

CME Group Expands Base Metals Offering With Two New Alumina Futures Contracts

Date 22/08/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will expand its base metals offering with the introduction of Alumina FOB Australia (S&P Global Platts) futures and Alumina FOB Australia (Metal Bulletin) futures. Both contracts will begin trading on September 26, 2016. Pending relevant regulatory review periods, these new contracts will be available for trading on CME Globex, for submission for clearing through CME ClearPort, and will be listed with and subject to COMEX rules.

TIM Group Bolsters Size Of Us Offices With Three New Hires - Three New Hires Reinforce TIM Group’s Presence In The US Market And Pave The Way For Further Expansion In The Region - Jay Goldenstein, Christopher Kleparek And Austin Mueller Join The Team To Support Increased Client Demand For Predictive Analytics

Date 22/08/2016

TIM Group, a global provider of software, services and platforms for institutional investors to achieve market-beating returns, has recruited three further members to work in its New York office, to increase its footprint in a key market and to continue to support its US clients.

Nigerian Stock Exchange And Bloomberg Set To Hold 2nd CEO Roundtable - With The Theme ““Navigating The Changing Business Landscape In Nigeria”

Date 22/08/2016

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st  August 2016 at the Stock Exchange House, Marina, Lagos.

DIFC Establishes Wealth Management Working Group

Date 22/08/2016

The Governor of the DIFC, HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to consider the enhancement of DIFC as a wealth management provider and succession planning platform for GCC families, as well as deepening the DIFC’s core offering to the international wealth management community.

Thai Alternative Bourse's Listed Firms Reports Upbeat Q2 Earnings

Date 22/08/2016

• Q2 net profits worth THB 2.33 billion, 25.35 pct rise from a year earlier
• Total sales up 1.65 pct y-o-y at THB 33.41 billion
• Cost control helped boost gross profit margins to 25 pct
• Financials, Services, Consumer Products and Resources among top performer industry groups

Extension Of Authorisation Of The Clearing House KDPW_CCP

Date 22/08/2016

The Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of 9 August 2016. KNF’s decision allows KDPW_CCP to offer new services: the clearing of EUR-denominated instruments in organised trading (exchange market and ATS) and in OTC trade(interbank market), as well as the clearing of PLN-denominated OTC debt instruments. The extended authorisation of the clearing house allows it to accept collateral in EUR, including both cash and bonds.

Bats Europe Encourages Industry Harmonisation For MiFID II Requirement For Order Record Keeping - MiFID II Compliant Record Keeping Process And Algorithm Testing Enhancements Now Available For Participant Testing On Bats Europe

Date 22/08/2016

Bats Europe (Bats), the region’s largest stock exchange operator, has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements to facilitate further user testing of their algorithms.

Source Overweights European Equities Despite Negative Sentiment

Date 22/08/2016

The Research team at Source favours European equities over those of the US and holds a maximum overweight to the Eurozone in the Source Multi-Asset Portfolio (a model portfolio).