News Centre

Chicago Business Barometer Up In June But Still Below 50 - New Orders Lead Recovery - Four Components In Contraction

Date 30/06/2015

The Chicago Business Barometer recovered half of May’s loss in June but stayed in contraction for the second consecutive month, with activity weakening further in Q2 from an already depressed Q1.

Japan Atomic Energy Agency Chooses SGI ICE X For New Supercomputer System - New Supercomputer Will Become Among The Highest Performing Intel(R) Xeon(R) Processor-Based Systems In Japan

Date 30/06/2015

SGI Japan, Ltd. part of SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics and data management, announced the acceptance of an order from Japan Atomic Energy Agency (JAEA) for the Agency's next supercomputer system. The large-scale parallel calculation system with SGI(R) ICE(TM) X, the world's most powerful distributed-memory system, will help various research and development projects, including improvement in atomic safety and technical assistance for nuclear emergency preparedness projects. The new supercomputer will commence operation in November of this year.

ESMA Publishes The Final Report On Draft Technical Standards On MiFID II And MiFIR

Date 30/06/2015

The European Securities and Markets Authority (ESMA) has its Final Report on MiFID II-MiFIR draft technical standards (RTSs) on authorisation, passporting, registration of third country firms and cooperation between competent authorities. This Final Report covers the majority of the draft RTS and ITS on investor protection topics which ESMA is expected to develop. The remaining draft technical standards ESMA is mandated to develop under MiFID II and MiFIR will be published by the end of 2015.

Belgian Green Energy Company Lampiris - Going Live With OpenLink

Date 30/06/2015

OpenLink, the global leader in trading and risk management solutions to the energy, commodities, corporate, and financial services industries, today announces its solution will support Lampiris’ gas and electricity portfolio trading operations with deal management, power nomination and power forecasting. The Belgian utility provides some 950,000 meters with natural gas and electricity from decentralized renewable energy sources.

New DTCC Data Products Service To Provide Dynamic Data Provisioning And Easier Access To DTCC Data - Provisioned Data Aims To Help Firms Reduce Risks, Increase Efficiencies, Lower Costs, Provide Market Insight And Bring Greater Transparency To Their Business Operations

Date 30/06/2015

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of a new centralized data provisioning service, DTCC Data Products.   This launch will include the expansion of DTCC’s Exchange Traded Funds (ETF) and Corporate Actions ISO 20022 data product offerings.

ESMA Publishes Guidelines For Issuers Performance Measures

Date 30/06/2015

The European Securities and Markets Authority (ESMA) has published its Final Guidelines on Alternative Performance Measures (APMs) for listed issuers. The aim of the guidelines is to encourage European issuers to publish transparent, unbiased and comparable information on their financial performance in order to provide users a comprehensive understanding of their performance. Examples of APMs most commonly used include EBIT (Earnings Before Interest & Tax), EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation), free cash flow, and underlying profit or net-debt.

JonesTrading Names Bryan Turley Managing Director - Expands Investment Banking Practice

Date 30/06/2015

JonesTrading Institutional Services LLC, a leading block trading firm in U.S. and international securities for its institutional customer base, announced today that industry veteran Bryan Turley has been named Managing Director of JonesTrading’s Capital Markets Group.

As It Happened – Greece's Minister of Finance, Yanis Varoufakis,’ Intervention During The 27th June 2015 Eurogroup Meeting

Date 30/06/2015

The Eurogroup Meeting of 27th June 2015 will not go down as a proud moment in Europe’s history. Ministers turned down the Greek government’s request that the Greek people should be granted a single week during which to deliver a Yes or No answer to the institutions’ proposals – proposals crucial for Greece’s future in the Eurozone. The very idea that a government would consult its people on a problematic proposal put to it by the institutions was treated with incomprehension and often with disdain bordering on contempt. I was even asked: “How do you expect common people to understand such complex issues?”. Indeed, democracy did not have a good day in yesterday’s Eurogroup meeting! But nor did European institutions. After our request was rejected, the Eurogroup President broke with the convention of unanimity (issuing a statement without my consent) and even took the dubious decision to convene a follow up meeting without the Greek minister, ostensibly to discuss the “next steps”. 

London Stock Exchange Welcomes Sophos

Date 30/06/2015

• Largest software IPO in UK history - Oxfordshire-based firm valued at £1bn
• UK Government welcomes IPO as a significant boost  for Britain’s technology industry
• Raises total gross proceeds of £352m at IPO
• Confirms London’s leading role as global technology IPO centre

European Parliament President Schulz On EU proposals: "A Hand Stretched To The Greek People"

Date 30/06/2015

EP President Martin Schulz said the EU institutions are appealing to the Greek people to vote in favour of their proposals during Sunday's referendum. Speaking about proposals made to continue economic support for the country, Schulz said yesterday this represented "a hand stretched to the Greek people", adding that the result of the referendum would prove "fundamental" to Greece's position in the euro zone.