News Centre

OpenFin Raises $3 Million In Funding Round Led By Bain Capital Ventures, Nyca Partners And Pivot Investment Partners

Date 22/04/2015

OpenFin, the leading provider of HTML5 runtime technology for the financial industry, today announced it has raised $3.0 million in additional financing. The round was co-led by Bain Capital Ventures, Pivot Investment Partners and Nyca Partners, with participation from 20 senior financial industry executives including Cris Conde, former CEO of SunGard and Tom Glocer, former CEO of Thomson Reuters. The funds will be used for product development and engineering team expansion in both New York and London.

Lombard Risk Winner Of Custody Risk's Americas Award 2015 - "Collateral Services Provider Of The Year"

Date 22/04/2015

Lombard Risk Management plc (Lombard Risk), a leading provider of integrated collateral management, regulatory compliance and reporting solutions for the financial services industry, was presented with the prestigious 2015 Custody Risk Americas Award on April 15th for "Collateral Services Provider of the Year".

Thai Bourse Announces Two Members Elected To Its Board

Date 22/04/2015

The Stock Exchange of Thailand (SET) announced that two members were elected to its board of governors to replace those whose terms will end on May 27, 2015, at a general meeting of member companies today.

Dubai Financial Services Authority Takes Action Against Hany Lotfy Awwad Abdelwahab

Date 22/04/2015

The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 45,000 (AED 165,150) and a restriction, on Mr Hany Lotfy Awwad Abdelwahab (Mr Abdelwahab) for providing the DFSA with false, misleading or deceptive information, and for obstructing the DFSA by failing to comply with DFSA investigative notices.

HKFE Announces Revised Margins For ChinaAMC CSI 300 Index ETF And China Mobile Futures

Date 22/04/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 24 April 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

STOXX Limited And KRX Enter Into MOU

Date 22/04/2015

STOXX Limited, a leading provider of innovative, tradable and global index concepts, and The Korea Exchange, Inc. (KRX) today announced the signing of a memorandum of understanding (MOU) to create a long-term cooperation between the two companies.

Shanghai Stock Exchange WeChat Account For IPO Service Released

Date 22/04/2015

The Shanghai Stock Exchange (SSE) releases the SSE WeChat Account for IPO Service (sse_ipo_service) on April 21 to adapt to the publicity rule of new media in the new situation of market service.

UK’s Financial Conduct Authority Fines Merrill Lynch International £13.2 Million For Transaction Reporting Failures

Date 22/04/2015

Merrill Lynch International (MLI) has been fined £13,285,900 by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.

Clearstream To Offer Settlement And Custody For Municipal Bonds In Romania

Date 22/04/2015

• Clearstream is the first ICSD to offer these services
• First accepted RON-denominated municipal bond will be issued by the city of Bucharest and have a value of up to EUR 500 million
• Raiffeisen Bank Romania is the Lead Manager and Bookrunner, while BT Securities is the Manager
• Bancpost is the local custodian

i-Swap And ICAP Information Services Launch ‘i-Swap History’ - New Product Contains 4 Years Of Historical Over-The-Counter Euro Swap Data

Date 22/04/2015

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the market data business of ICAP, has partnered with i-Swap, its electronic trading platform for over-the-counter (OTC) interest rate swaps (IRS) to launch ‘i-Swap History’, a full historical Euro swap tick data product.