News Centre

Euronext Launches Rapeseed Complex

Date 22/01/2014

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced that it will launch a combined Rapeseed derivatives complex by the end of 2014, offering the industry both Rapeseed meal and Rapeseed oil futures and options in individual contracts, subject to all relevant regulatory approvals. The launch also expands the Euronext commodities offering to cover the bio-diesel sector as it allows European mineral oil participants to hedge their bio-diesel price exposure.

ESMA: European Court Of Justice Rejects UK Challenge To Short-Selling Regulation

Date 22/01/2014

The European Court of Justice (ECJ) today has dismissed the UK’s challenge to the Short-Selling Regulation (SSR). The UK was challenging the power of ESMA to adopt emergency measures under the SSR, which in their view went against general EU principles. The ECJ rejected the plea finding that the SSR and the powers given to ESMA are compatible with EU law. Both ESMA and the European Commission welcomed the ECJ’s ruling.

Latest ICMA Survey Shows Sharp Decline In Size Of The European Repo Market

Date 22/01/2014

The European Repo Council of the International Capital Market Association (ICMA) today released the results of its 26th semi-annual survey of the European repo market. The survey, which computes the amount of repo business outstanding on 11 December 2013, sets the baseline figure for market size at EUR 5,499 billion. This represents a sharp decline in market size from the figure of EUR 6,079 billion recorded in the last survey in June 2013.  Using a constant sample of banks in both surveys, it is estimated that that the market has shrunk by at least 8.2% since June.

Japan’s Financial Services Agency: Press Conference By Taro Aso, Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services

Date 22/01/2014

Excerpt - Tuesday, January 7, 2014, 11:43 am to 11:57 am

Shenzhen Stock Exchange Releases 2013 Self-Regulatory Report

Date 22/01/2014

The Shenzhen Stock Exchange (SZSE) has recently released its 2013 Annual Self-regulatory Report,which covered the main tasks of regulatory enforcement, rule-making, transformation of regulatory methods and optimization of regulatory services undertaken in 2013.

b-next Partners With Thomson Reuters To Launch Accelus Market Surveillance - New Solution Provides Systematic Surveillance Of Trading Activity To Detect Market Abuse, Suspicious Trading, Price Manipulation And Insider Dealing

Date 22/01/2014

b-next, a specialist provider of capital markets compliance solutions, today announced a strategic partnership with Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, to enable compliance managers at both buy side and sell side institutions to meet the ever increasing challenge of monitoring their firm’s trading activity. Through the partnership, Thomson Reuters Accelus Market Surveillance integrates b-next’s systematic surveillance capability with Thomson Reuters market data, news analytics and managed services to provide a  complete market abuse monitoring and alert management solution covering a broad range of exchange traded and OTC traded asset classes.

SGX Posts Second-Quarter Net Profit Of $75 Million

Date 22/01/2014

• Revenue: $165 million ($162 million a year earlier)
• Operating profit: $88 million ($90 million a year earlier)
• Net profit: $75 million ($76 million a year earlier)
• Earnings per share: 7.0 cents (7.1 cents a year earlier)
• Interim dividend per share: 4.0 cents (4.0 cents a year earlier)

Euroclear Bank And NSD Launch Cross-Border Services For Russian Corporate And Municipal Bonds

Date 22/01/2014

Euroclear Bank’s post-trade services for Russian corporate and municipal bonds will commence on 30 January 2014. Via Euroclear Bank’s account with Russia’s central securities depository – National Settlement Depository (NSD) – all Euroclear Bank clients investing in corporate and municipal debt will be able to settle those trades and deposit their positions with Euroclear Bank.

Taiwan Futures Exchange Newsletter- January Newsletter

Date 22/01/2014

Click here to download TAIFEX's January newsletter.

Moscow Exchange: Free Float Methodology Change

Date 22/01/2014

Moscow Exchange is to introduce an updated free float methodology on 27 January. MICEX Stock Exchange's management and Moscow Exchange's Executive Board approved the document on 17 January.