News Centre

Warsaw Stock Exchange Derivatives Market In Europe In 2013

Date 23/01/2014

• In 2013 WSE was Europe’s #5 by turnover volume in index futures contracts.
• WIG20 futures contract ranked 9th by turnover volume among European index contracts.
• WIG20 options ranked 13th by turnover volume among European index options.

Launch Of The Solactive Diversified USD Covered Bond Index - Used As The Underlying For ProShares COBO’s ETF

Date 23/01/2014

A covered bond is a type of corporate bond which is secured by a pool of financial assets. Usually issued by financial institutions outside of the US, covered bonds allow investors, if the originator of the bonds becomes insolvent, to claim against both the issuer of the bonds and a pool of assets which back the bond, commonly known as the cover pool. As it therefore lowers the risk of a total loss in case of a default, covered bonds are usually considered to be high quality investments.

LMAX Exchange Becomes The First Regulated MTF To List Ven

Date 23/01/2014

LMAX Exchange, the FCA regulated MTF for FX trading, announces it will become the first regulated MTF to list Ven, enabling brokers, institutions and banks to trade the currency.

UK’s Financial Conduct Authority Fines Standard Bank PLC £7.6m For Failures In Its Anti-Money Laundering Controls

Date 23/01/2014

The Financial Conduct Authority (FCA) has fined Standard Bank PLC (Standard Bank) £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers connected to politically exposed persons (PEPs).

EEX And CLTX Creating A Combined Global Offering

Date 23/01/2014

The European Energy Exchange (EEX), the leading Energy Exchange in Europe, and Cleartrade Exchange (CLTX), a Singaporean Futures Exchange founded in 2010, have joined forces to create a unique global offering in the commodities sector. The acquisition, completed in December 2013, has already resulted in a combined group with over 300 members and 10 major asset classes. The deal has been enthusiastically welcomed by members of both exchanges.

Hong Kong's Securities And Futures Commission: High Court Overturns Acquittal And Orders Magistrate To Reconsider False Trading Case

Date 23/01/2014

The Court of First Instance today allowed the Securities and Futures Commission’s (SFC) appeal of the acquittal of Mr Chan Wing Fai of false trading, and ordered that the case be remitted back to the Magistrate. 

Euronext Announces 2013 Performance Of Indices And Yearly Recap - Record Growth In New Listings Of Exchange Traded Products Linked To Euronext Indices

Date 23/01/2014

Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange Group, (NYSE: ICE), today announced the 2013 performance of its benchmark indices and annual recap. Highlights include 56 new proprietary indices launched, a significant increase in the number of outstanding Exchange Traded Products (ETPs) linked to Euronext indices and the best performance of Euronext’ Blue Chips indices since 2009.

Oslo Børs Burgundy – Introduction Of Two New Automatch Segments For Exchange Traded Products

Date 23/01/2014

Oslo Børs Burgundy is expanding its offering in the Swedish market. Two new retail segments for Exchange Traded Products will be available from 27 January 2014.

Hong Kong's Securities And Futures Commission: Court Varies Interim Injunction Against Qunxing Paper

Date 23/01/2014

The Court of First Instance today varied an interim injunction obtained by the Securities and Futures Commission (SFC) in the proceedings against Qunxing Paper Holdings Company Limited (Qunxing) and its subsidiary, Best Known Group Limited (Best Known).

London Stock Exchange Group Plc Interim Management Statement For The Period To 22 January 2014, Including Revenues And KPIs For The Three Months Ended 31 December 2013 (Q3)

Date 23/01/2014

• Strong financial performance  -  Q3 total income¹ up 48 per cent at £308.9 million and 9 months year-to-date up 38 per cent, to £876.0 million
• Growth in Q3 and year-to-date revenues driven by organic increases in all segments, as well as inclusion of LCH.Clearnet revenues; on an organic constant currency basis, Q3 revenues up 13 per cent
• Capital Markets Q3 revenues up 21 per cent, with good growth in primary markets as the number of new issues nearly doubled; secondary markets benefitted from improvements in cash equity and fixed income trading volumes
• Post Trade Services (Italy) Q3 revenues up 14 per cent, with growth in clearing volumes and within settlement and custody
• LCH.Clearnet Q3 total income up 3 per cent on pro forma basis - further year-on-year growth in OTC clearing
• Information Services Q3 revenues up 16 per cent, reflecting good performances from FTSE and a number of other services, and with contribution from the fixed income JV indices business launched last year
• Technology Services revenues up 17 per cent, driven by growth from MillenniumIT
• Good progress being made on integration with LCH.Clearnet - detailed work programmes underway to restructure and drive cost and operational efficiencies

¹ includes a £6.9m gain from sale of shares in non-core asset