News Centre

SIX Opens FinTech Incubator “F10”

Date 13/08/2015

FinTech Incubator “F10” is the innovation center of SIX. It is home to small interdisciplinary teams who develop promising ideas and evaluate their potential for the financial industry. In collaboration with FinTech start-ups, the team, based at Förrlibuckstrasse 10, is setting up a complete innovation ecosystem with a dedicated staff, know-how, infrastructure and communities whose task is to drive further developments on Switzerland's FinTech front and develop new technologies for SIX.  

UK's Financial Conduct Authority Bans And Fines Robert Shaw, Of TailorMade Independent Ltd, For SIPP Advisory Failings

Date 13/08/2015

Robert Shaw, former director of advisory firm TailorMade Independent Ltd (TMI), has been banned from senior positions in financial services and fined £165,900 by the Financial Conduct Authority (FCA).

Lahore Stock Exchange Market Holiday - Independence Day

Date 13/08/2015

The Lahore Stock Exchange Limited will remain closed on Friday, August 14, 2015, this being a National holiday on account of Independence Day of Islamic Republic of Pakistan.

Hong Kong's Securities And Futures Appeals Tribunal Affirms Securities And Futures Commission Decision To Revoke Approval Of Miranda Sham Sze Wai As Responsible Officer Over Internal Control Failures

Date 13/08/2015

The Securities and Futures Appeals Tribunal (SFAT) today affirmed the decision of the Securities and Futures Commission (SFC) to revoke the approval of Ms Miranda Sham Sze Wai to act as a responsible officer over findings that she was involved in serious internal control deficiencies at Ping An of China Securities (Hong Kong) Company Limited (Ping An) between August 2010 and April 2011 (Notes 1 & 2).

UK Financial Conduct Authority Publishes Rules On How It Will Apply The New Accountability Regime To UK Branches Of Overseas Banks And Solvency II Firms

Date 13/08/2015

The Financial Conduct Authority (FCA), alongside the Prudential Regulation Authority (PRA), has today published near final rules confirming how it will apply the new accountability regime to UK branches of overseas banks, and also confirms reforms to the approved persons regime for Solvency II firms.

Dalian Commodity Exchange Revises Relevant Rules

Date 13/08/2015

To further optimize the system of rules, on August 10, Dalian Commodity Exchange (DCE) issued a notice on combining the two sets of measures for management of warehouse receipts, and revising the detailed rules for delivery, the rules for futures margin depository banks and other relevant rules.

EBS BrokerTec Launches BrokerTec European Government Bonds Data Product

Date 13/08/2015

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that it has launched the BrokerTec European Government Bonds premium pricing data product, distributed by ICAP Information Services, the information division of ICAP. The product comprises European Government Bond (EGB) market data from BrokerTec Market, EBS BrokerTec’s electronic central limit order book for the fixed income markets, and is available in real-time, end-of-day and historical formats.

American G-SIB Chooses AxiomSL For CRD IV Reporting In Germany, France And The UK

Date 13/08/2015

AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that an American global systemically important bank (G-SIB) has decided to extend its deployment of the AxiomSL platform to support regulatory reporting in Germany, France and the United Kingdom (UK). The regulations covered will include the Capital Requirements Directive IV (CRD IV) and local statistical reporting requirements.

Clearstream’s July 2015 Figures - New Peak In Assets Under Custody At EUR 13.5 Trillion - Continuing Growth In All Business Areas

Date 13/08/2015

Clearstream: Business stream 1: Custody

In July 2015, the overall value of assets under custody held on behalf of customers registered an increase of 10 percent to EUR 13.5 trillion (compared to EUR 12.2 trillion in July 2014).

Korea Exchange: Analysis Of Single Stock Futures Market For KOSDAQ-listed Stocks One Week After Market Opening

Date 13/08/2015