News Centre

ESMA To Cooperate With Mexican And South African Regulators On CCPs

Date 26/01/2016

The European Securities and Markets Authority (ESMA) has established two Memoranda of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR) with the Mexican Comisión Nacional Bancaria y de Valores (CNBV) and the South African Financial Servcies Board (FSB) respectively. 

Refund Of Charges To Prolong For Delta Hedge Of Power Options / EEX To Delist EURO Coal Futures

Date 26/01/2016

To further support the positive market development of Power Options, EEX will prolong to waive any trading fees for future transactions which were concluded as “Delta Hedge” for Phelix-, French-, Italian-, Nordic- and Spanish-Base-Options.

Work Starts On Scotland’s Largest State-Of-The-Art Data Centre Campus

Date 26/01/2016

Work started this week in Fife Scotland on what will become the country’s largest and most energy efficient data centre campus namely Queensway Park. Contractors moved on to site this week to begin demolishing parts of the former Tullis Russell paper mill in preparation for the construction of a state of the art development with an estimated construction cost approaching £150 million over three phases. Over 300 construction jobs will be secured during the build process and up to 50 full time posts created on completion including technical and operational staff. The economic impact on a wider scale will be enormous and help balance the negative effect of recent job losses in the area.

EFSF Taps Two Bonds For Total Of €3 Billion

Date 26/01/2016

The European Financial Stability Facility (EFSF) completed a dual-tranche tap transaction today. The two bonds reopened were the EFSF 0.125% bond maturing in November 2019, and the EFSF 1.20% bond maturing in February 2045.

CEO Of Qatar Stock Exchange Participated In The WFE Board Meeting In Zurich

Date 26/01/2016

Mr. Rashid bin Ali Al-Mansoori, CEO of Qatar Stock Exchange, participated in the WFE Board Meeting in Zurich, Switzerland on the 18th of January 2016, at which the “2016 and beyond” strategy was discussed and agreed, including the WFE business and action plan.  

Shenzhen Stock Exchange Holds “Shenzhen Corporate Day” Activity For Overseas Investors In Hong Kong

Date 26/01/2016

On January 18 and 19, 2016, Shenzhen Stock Exchange (“SZSE”) and Goldman Sachs & Co. jointly organized “Shenzhen Corporate Day” activity in Hong Kong. Over 300 representatives of major overseas investment institutions from the U.S., Europe, Singapore, Hong Kong, Singapore, and Hong Kong communicated with senior executives from 22 Shenzhen-listed companies during the activity.

Hotspot Announces New Service To Allow Customers To Build Private Liquidity Pools - Launch Of Hotspot Link Follows Significant Customer Demand For Custom Solutions

Date 26/01/2016

Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announces the launch of  Hotspot Link, a new service designed to allow clients to design unique, relationship-based, liquidity pools to meet their specific trading needs.

Moscow Exchange To Streamline Equity Market Liquidity Support Program

Date 26/01/2016

Moscow Exchange is making changes to the liquidity support program for its Equity Market from 1 February 2016 to incentivize market makers and attract new participants.

Bank CEOs And Policy-Makers Join Taskforce To Study Future Of Global Financial System At Davos

Date 26/01/2016

• Mark Carney, Governor, Bank of England and Chairman of the Financial Stability Board (FSB), and Professor Klaus Schwab, Founder and Executive Chairman, World Economic Forum, announced on Tuesday the creation of a high-level Taskforce to address the future of the global financial system
• The Taskforce, which met for the first time in Davos, comprises eight senior decision-makers from Citigroup, BlackRock, HSBC, Bank of America, Reserve Bank of India, IMF, Chinese University of Hong Kong
• The group will focus on the inclusion of emerging market economies in the global financial system, technology-enabled innovation and the economic cost-benefit of post-crisis regulatory reforms as outlined here

European Commission’s Handling Of Financial Crisis Was “Generally Weak”, Say EU Auditors

Date 26/01/2016

The European Commission was not prepared for the first requests for financial assistance during the 2008financial crisis because warning signs had passed unnoticed, according to a new report from the EuropeanCourt of Auditors. The auditors found that the Commission did succeed in managing assistance programmes which brought about reform, despite its lack of experience, and they point to a number of positive outcomes. But they also identify several areas of concern relating to the Commission’s “generally weak” handling of the crisis: countries treated differently, limited quality control, weak monitoring of implementation andshortcomings in documentation.