News Centre

ShaMaran Lists Its First Bond Issue On Oslo Børs

Date 15/05/2014

The oil company ShaMaran Petroleum listed its first bond issue on Oslo Børs today. Foreign companies are increasingly turning to the Oslo Børs fixed income marketplaces to raise loan capital.

SIX Exchange Regulation Delisting Absolute Invest AG, Zug

Date 15/05/2014

On 7 April 2014, Absolute Invest AG, Zug (Swiss Security Number 4‘292‘743 / ISIN CH0042927431) applied for delisting all its bearer shares with a nominal value of CHF 0.10 each. SIX Exchange Regulation granted this application on 15 May 2014.

EEX Welcomes EUROPEX Position Paper On Power Market Design

Date 15/05/2014

The Association of European Energy Exchanges (EUROPEX) in its position paper calls for market integration of renewables, strengthening Energy Only Markets, investment in transmission capacity and an appropriate regulatory framework for the energy markets.

European Commission Economic Review Of The Financial Regulation Agenda: Frequently Asked Questions

Date 15/05/2014

See also IP/14/564

1. What is the EU financial regulation agenda?

The financial crisis showed that a fundamental overhaul of the regulatory and supervisory framework was necessary. Between 2008 and 2012, a total of €1.5 trillion of state aid (i.e. more than 12% of EU GDP) was used to prevent the collapse of the financial system. The crisis triggered a deep recession and led to large losses in output. The EU unemployment rate increased from a pre-crisis low of 7.2% in 2007 to 10.8% in 2013. Compared with the end of 2007, an additional 9.3 million people are now unemployed in the EU. Trust in the financial system has been seriously shaken and many EU households have experienced significant losses in income and wealth.

In response to the financial crisis, the EU pursued an ambitious regulatory reform agenda that has been coordinated with international partners in the G20. As the crisis evolved and specific risks emerged which threatened financial stability in the euro area and the EU as a whole, deeper integration to put the banking sector on a more solid footing and restore confidence in the euro was necessary. This led to the development of the Banking Union.

Finansinspektionen - Swedish Financial Supervisory Authority - Financial Advice, Instant Loan Firms And Mortgages – Three Areas In Which Consumer Protection Must Be Strengthened

Date 15/05/2014

A need for better advice on financial products, greater demands on instant loan firms and openness regarding the mortgage rate. These are some of the conclusions in Finansinspektionen’s new consumer protection report presented today at FI’s Consumer Protection Day.

Changes To The Composition Of The Oslo Børs Benchmark Index (OSEBX)

Date 15/05/2014

Four companies will be removed from the index, while six companies will be added to the index.

Financial Regulation: European Commission Presents A First Comprehensive Review Of The EU's Reform Agenda

Date 15/05/2014

With most financial reform measures now adopted, the European Commission has today published a first comprehensive review of the financial regulation agenda as a whole. This economic review sets out how the reforms will deliver a safer and more responsible financial system by enhancing financial stability, deepening the single market for financial services and improving its efficiency whilst improving market integrity and confidence. Evidence suggests that the total expected benefits of the financial regulation agenda will outweigh the expected costs, both on a rule-by-rule basis and when considering the reforms as a whole. Many rules create considerable positive synergies, e.g. between the capital requirements package in banking and the reform of derivatives markets. The financial system is already changing and improving. This change will continue as the reforms take effect.

Euronext Announces Second Pan-European Investor Conference At The New York Stock Exchange

Date 15/05/2014

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced its second pan-European Investor conference in New York aimed at raising the profile of its European listed companies among US investors.  The event, which will be attended by over 50 large issuers from across all the Euronext countries and over 200 US investors, will take place over three days from 19th to 21st May 2014.

London Stock Exchange Group: Announcement Of Preliminary Results For Year Ended 31 March 2014

Date 15/05/2014

• Good financial and operational performance – 10 per cent organic revenue growth with increases across all business segments and contribution from acquisitions, including LCH.Clearnet
• Reported revenue up 50 per cent at £1,088.3 million (2013: £726.4 million); adjusted total income1 up 42 per cent at £1,213.1 million (2013: £852.9 million)
• Adjusted operating expenses1 up 65 per cent to £698.4 million, reflecting inclusion of acquisitions, including LCH.Clearnet (2013: £422.7 million); core operating costs1, excluding impact of acquisitions and FX, up 6 per cent, partly reflecting increased cost of sales
• Increased cost synergies identified – integration with LCH.Clearnet to deliver €60 million (£49 million) of cost reductions in 2015 (significantly ahead of original €23 million target)
• Adjusted operating profit1 up 20 per cent at £514.7 million (2013: £430.2 million); operating profit up 1 per cent at £353.1 million (2013: £348.4 million)
• Adjusted profit before tax1 up 17 per cent at £445.9 million (2013: £380.7 million); profit before tax of £284.3 million (2013: £298.9 million), principally reflecting increased acquisition amortisation
• Adjusted basic EPS1 up 2 per cent at 107.1 pence (2013: 105.3 pence); basic EPS of 63.0 pence (2013: 80.4 pence)
• Strong cash generation reduced net debt: adjusted EBITDA of 1.9x as at 31 March 2014 (from 2.2x at 30 September 2013)
• Proposed final dividend up 4.5 per cent to 20.7 pence per share; total dividend for the year increased 4.4 per cent to 30.8 pence per share. The final dividend will be paid on 19 August 2014 to shareholders on the register on 26 July 2014

1 before acquisition amortisation and non-recurring items and excluding unrealised net investment gains/losses at LCH.Clearnet

Deutsche Boerse: Voting Results AGM 2014

Date 15/05/2014

Click here to download the voting results of today´s AGM.