News Centre

Hong Kong's Securities And Futures Commission Fines BNP Paribas Securities (Asia) Limited $15 Million For Dark Liquidity Pool-Related Failures

Date 03/08/2015

The Securities and Futures Commission (SFC) has fined BNP Paribas Securities (Asia) Limited (BNPP Securities Asia) $15 million for failures in relation to its dark liquidity pool trading services.

Bursa Malaysia Securities Reprimands, Fines And Suspends Hong Choe Hoar For Engaging In Manipulative Dealing Activities

Date 03/08/2015

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM65,000 and suspended/restricted (as the case may be) Hong Choe Hoar (HONG) for 12 months as/from being a Registered Person of Bursa Malaysia Securities, for engaging in manipulative dealing activities in the securities of Kanger International Berhad (KANGER). In addition, HONG was further required to undergo training on conduct or professionalism of Dealer’s Representatives (DRs)/market offences (Mandatory Training).

The Spanish Stock Exchange Traded €97 Billion In July, Up 7.6% Year On Year

Date 03/08/2015

• The Equity trading volume to the end of July was up 22%
• In July the ETF trading volume reached €1.7 billion, double the figure for the previous year
• The trading volume in the Warrants and Certificates market to the end of July was up 48% year-on-year
• Strong growth in Index Derivatives trading In July
• Growth in Corporate Debt issues in the first seven months

LCH.Clearnet And CLS Partner To Deliver Settlement For Cleared FX Options

Date 03/08/2015

• New service enables clearing of the $275bn a day FX options market, with other physically settled FX products to follow
• Bringing capital efficiency to the FX markets
• Planned launch in 2016, subject to regulatory approval

Moscow Exchange: RUB Interest Penalty Rate Change From August 4, 2015

Date 03/08/2015

Upper REPO Penalty Rate (HPenRate) on Equity Market will be changed to 22% starting from August 4, 2015.

EBRD Partners With QNB Alahli To Finance Small Firms And Boost Trade In Egypt

Date 03/08/2015

The European Bank for Reconstruction and Development (EBRD) is partnering with Egypt’s fourth largest commercial bank QNB AlAhli to step up its support for small businesses in Egypt with a $100 million credit.

EPEX SPOT Trading Results Of July 2015: Intraday Markets Top 4 TWh -

Date 03/08/2015

In July 2015, a total volume of 37.0 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (July 2014: 30.9 TWh). 

Exegy Unveils Data Entitlement And Usage Reporting Hub

Date 03/08/2015

Exegy Inc., a leading provider of managed services and technology for market data normalization and distribution, has announced today a new product that allows Exegy hardware-accelerated appliances to interoperate with multiple third-party data entitlement and usage reporting tools such as Thomson Reuters DACS.  “Market participants employ our hardware-accelerated appliances and managed services in order to build a market data infrastructure with higher capacity, lower latency, more efficient scalability, and lower total cost.  The Exegy Entitlement Hub now allows these firms to retain their data entitlement and usage reporting regime to minimize migration risk, effort, and cost,” says chief technology officer David Taylor.

Hellenic Capital Market Commission Announcement: Reopening Of Markets

Date 03/08/2015

The Hellenic Capital Market Commission (HCMC), during its 725/3.8.2015 Board of Directors' meeting and taking into account the Legislative Act «Urgent restrictions on the transfer of capital and on cash withdrawals» (Official Gazette of the Greek Republic, number 84/18.7.2015) and the Decision of the Minister of Finance "Lifting of the restrictions of the Legislative Act regarding transactions in financial instruments on greek regulated markets" (Official Gazette of the Greek Republic, number 1617/31.7.2015), decided the following:

• The reopening of the ATHEX regulated markets and the Multilateral Trading Facility of "EN.A." (Alternative Market of the Athens Exchange), taking also into account the relevant decision of the Athens Exchange Decision Committee,
• The reopening of the Electronic Secondary Market "HDAT", for government bonds, operated by the Bank of Greece, taking also into account the relevant decision of the Bank of Greece,

Alize Trading Goes Live With Horizon For Prop Algo Trading

Date 03/08/2015

Horizon Software announced today that Paris-based algorithmic prop house Alize Trading has gone live with Horizon Platform to develop its algorithmic trading business.