News Centre

Commentary From Aite Group On BATS Global Markets Agreeing To Acquire The Hotspot FX Market

Date 28/01/2015

Today's announcement that KCG sold Hotspot is not a surprise to Aite Group, since the GETCO management had explicitly stated at the time of their Knight acquisition that Hotspot would eventually be sold. 

Federal Reserve Issues FOMC Statement

Date 28/01/2015

Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace.  Labor market conditions have improved further, with strong job gains and a lower unemployment rate.  On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish.  Household spending is rising moderately; recent declines in energy prices have boosted household purchasing power.  Business fixed investment is advancing, while the recovery in the housing sector remains slow.  Inflation has declined further below the Committee’s longer-run objective, largely reflecting declines in energy prices.  Market-based measures of inflation compensation have declined substantially in recent months; survey-based measures of longer-term inflation expectations have remained stable.

Fortune Favours The Bold - Speech By Mark Carney, Governor Of The Bank Of England, Lecture To Honour The Memory Of The Honourable James Michael Flaherty, P.C.,Iveagh House, Dublin

Date 28/01/2015

It is a pleasure to be in Dublin and an honour to give this Iveagh House lecture in memory of Jim Flaherty.

Jim’s attitude and actions typified the Flaherty family motto: Fortune Favours the Bold. Born the sixth of eight children in La Chine, Quebec; Jim Flaherty worked odd jobs and won a hockey scholarship to put himself through Princeton. Successful in private and public sectors; he rose to become Attorney General and Minister of Finance of his province before becoming Canada’s 37th Minister of Finance. Once there, his accomplishments were legion, ranging from creating and enhancing support programs for the disabled and care givers to setting the country back on the path to fiscal balance after the crisis and ensuing recession.

Calypso Platform Supports BCBS/IOSCO Requirements For Margin On Non-Cleared Derivatives

Date 28/01/2015

Calypso Technology, a leader in Capital Markets software, today announces it will be releasing a new solution for calculating the Initial Margin required on non-cleared derivatives trades. The solution meets the requirements of the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) for margin requirements on non-centrally cleared derivatives.

Jose Scheinkman To Receive CME Group-MSRI Prize In Innovative Quantitative Applications - Distinguished Panel To Discuss Economic Bubbles Following Award Ceremony

Date 28/01/2015

CME Group, the world's leading and most diverse derivatives marketplace, and the Mathematical Sciences Research Institute (MSRI) announced Jose Scheinkman, Professor of Economics at both Columbia and Princeton Universities, as the 2014 recipient of the CME Group-MSRI Prize in Innovative Quantitative Applications.  A ceremony honoring Scheinkman will take place at CME Group Headquarters on Monday, Feb. 9, at 10:00 a.m. CT and will feature a dynamic discussion on the topic of economic bubbles.

EnterNext Celebrates Successful Tech Conference In Bordeaux

Date 28/01/2015

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs, today celebrated the success of its first regional tech conference, held in Bordeaux on Tuesday, 27 January. Following the EnterNext Tech Conference in Paris in November 2014, Bordeaux was a natural choice, with the city awarded the French Tech label in 2014. Entrepreneurs, company leaders and experts were on hand to contribute insights and experiences on financing tech companies.

Institute Of Trading And Portfolio Management (ITPM) Hires Raj Malhotra As Senior Trading Mentor

Date 28/01/2015

The Institute of Trading and Portfolio Management (ITPM) has today announced a significant addition to their global trading operation by hiring former Bank of America and Nomura Index Options Trader Raj Malhotra as a Senior Trading Mentor.

MGEX Announces HRSW Daily Stocks Report

Date 28/01/2015

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announces the upcoming publication of the Hard Red Spring Wheat (HRSW) Daily Stocks Report beginning February 2, 2015. This report is an addition to the currently published weekly Stocks of Grain Report.

European Commission Launches Work On Establishing A Capital Markets Union

Date 28/01/2015

The European Commission has today kicked off its project to create a Capital Markets Union (CMU) for all 28 EU Member States with a first orientation debate at the College of Commissioners. The CMU is one of the flagship projects of this Commission and ties in with the ambition to boost jobs and growth in the EU. It is designed to help businesses to tap into diverse sources of capital from anywhere in the EU and offer investors and savers additional opportunities to put their money to work. It aims to create a single market for capital for all 28 Member States by removing barriers to cross-border investment and lower costs of funding within the EU. Well-functioning capital markets will also facilitate the mobilisation of private financing in the context of the Investment Plan for Europe.

Changes In The Composition Of The FTSE/ATHEX Indices

Date 28/01/2015

To ensure the seamless operation and efficiency of the FTSE/ATHEX Banks Index (DTR) & FTSE/ATHEX-CySE Banking Index (FTSEB), ATHEXGROUP and FTSE will rebase the index by multiplying index values by 10 after the close of business on 3^rd February 2015, following a treatment that has been applied in the past for other FTSE/ATHEX Index Series.