News Centre

ISDA-BBA Preliminary Response To UK's HMT Re. Indirect Clearing

Date 16/04/2013

We welcome the HMT Informal consultation on indirect clearing arrangements of 28 March 2013 and the intent to provide, so far as is possible, a protective framework for EMIR compliant indirect clearing constructs in the UK (noting that these will only be helpful inrespect of the UK insolvency regime).

Direct Edge Trading Notice #13-15: Direct Edge To Observe A Moment Of Silence On Tuesday, April 16, 2013

Date 16/04/2013

Direct Edge^® will observe a moment of silence at 9:20 a.m. ET, today, Tuesday, April 16, 2013, in honor of the victims of explosions Monday at the Boston Marathon.  While trading will not be affected, we encourage market participants to join us in a silent remembrance to recognize the tragedy in Boston, MA.  

Statement By European Commission President Jose Manuel Barroso And Commissioner Michel Barnier Following The European Parliament’s Approval Of New European Rules To Impose Stronger Prudential Requirements On Banks

Date 16/04/2013

President J.M. Barroso:

I welcome the vote in the European Parliament today on the capital requirements directive, CRD4. This is the foundation for the single rulebook for banks and will ensure that banks across the EU build up the necessary capital to absorb future shocks themselves, without asking the taxpayer for help. The rules will put an end to the culture of excessive bonuses, which encouraged risk-taking for short-term gains. With these rules we will ensure a dynamic and responsible financial sector. This is a question of fairness. If taxpayers are being asked to pick up the bill after the financial crisis, banks must also make a contribution.

European Parliament Plenary Vote Backs Irish Presidency Agreement To Strengthen Rules On Banks

Date 16/04/2013

The European Parliament today (Wednesday) voted in favour of the agreement reached with the Irish Presidency on capital requirements for banks (CRDIV).

IOSCO Consults On Principles For Financial Benchmarks

Date 16/04/2013

The International Organization of Securities Commissions (IOSCO) published today a consultation paper on Principles for Financial Benchmarks, which seeks public comments on a set of high-level principles for benchmarks used in global financial markets.

Letter From European Commission President Barroso To President Anastasiades Of Cyprus

Date 16/04/2013

President Barroso has replied to the letter he received from President of Cyprus, Nicos Anastasiades, regarding EU funding for Cyprus.

Austrian Clearing House (CCP.A) Launches Cutting-Edge Clearing Solution

Date 16/04/2013

• New Central Counterparty solution further boosts post-trade efficiency
• Market participants benefit from optimised processes and new software
• Technology partnership with London Stock Exchange Group

NASDAQ OMX Commodities Launches European Price Area Contracts, Extends Nordic CfD Product Suite And Introduces Pre-Trade Risk Management Tools

Date 16/04/2013

NASDAQ OMX Commodities is pleased to announce the launch of new instruments and functionality in Genium INET. Genium INET will be upgraded to version 0230 during the weekend 8-9 June, 2013. Thereafter, subject to successful testing and regulatory approval, the enhancements listed below will be activated for members according to a detailed time plan which will be published in due course.

Tehran Stock Exchange Offers A Giant Petrochemical Holding Company Shares

Date 16/04/2013

On 16 April 2013, five percent of equity shares of the state-owned Persian Gulf Petrochemical Industry Holding Company (PGPIC) (Equivalent of 1.2 billion shares) were offered in Tehran Stock Exchange (TSE) at the price of IRR 7500 per share with the total value of about IRR 9.2 trillion.

HKEx: Stock Exchange Participants' Market Share Report

Date 16/04/2013

Stock Exchange Participants' Market Share Report