News Centre

Average Daily Volume Of 6.6 Million Contracts At Eurex Group In August

Date 03/09/2013

In August 2013, the international derivatives markets of Eurex Group recorded an average daily volume of 6.6 million contracts (August 2012: 7.2 million). Of those, 4.5 million were Eurex Exchange contracts (August 2012: 5.1 million), and 2.1 million contracts (August 2012: 2.1 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 98.9 million contracts were traded at Eurex Exchange and 46.4 million at ISE.

ICAP Files SEF Application With CFTC

Date 03/09/2013

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that its subsidiary ICAP SEF (US) LLC has filed its application to be a Swap Execution Facility (SEF) with the Commodity Futures Trading Commission (CFTC) in compliance with the Dodd-Frank Act.

FlexTrade Selected By United Overseas Bank For Global FX Trading And TCA - FlexFX, MaxxTrader And FlexTQM To Be Implemented As Complete FX Solution

Date 03/09/2013

FlexTrade Systems, Inc., an international leader in multi-asset execution and order management systems, today announced Singapore-based United Overseas Bank Limited (UOB) has chosen MaxxTrader  and FlexFX, its white label and enterprise FX trading solutions, to facilitate global FX trading.  In conjunction, UOB will also implement FlexTQM, FlexTrade’s comprehensive transaction quality management platform for real-time and historical transaction cost analysis. 

ESMA Advises Commission On Equivalence Of Non-European Derivatives Rules

Date 03/09/2013

The European Securities and Market Authority (ESMA) has published its advice to the European Commission on the equivalence of the regulatory regimes for OTC derivatives clearing, central counterparties (CCPs), and trade repositories (TR) of non-EU countries with the European Markets Infrastructure Regulation (EMIR). ESMA has assessed the equivalence of the regulatory regimes of Australia, Hong Kong, Japan, Singapore, Switzerland and the US. The third-country rules were compared with EMIR requirements for central clearing, reporting, CCPs, TRs and non-financial counterparties as well as risk mitigation techniques for uncleared trades.

Thomson Reuters To Host The Fourth Pan-Asian Regulatory Summit In Singapore - According To Survey, 97 Percent Of Compliance Practitioners Believe Regulatory Pressure Will Persist

Date 03/09/2013

Financial institutions in Asia Pacific are increasingly concerned with the rising expectations and costs associated with cross-border and domestic regulatory change, according to a new survey by Thomson Reuters. Survey findings will be elaborated at Thomson Reuters fourth Pan-Asian Regulatory Summit to be held in Singapore on 25 and 26 September. The event will provide a platform for regulators and financial professionals in the region to discuss the regional and global regulatory landscape as it relates to Asia and Ravi Menon, Managing Director of the Monetary Authority of Singapore, will deliver the keynote speech as part of the welcome address.

Palestine Exchange Investor Monthly Newsletter Issue #41, August 2013

Date 03/09/2013

Click here to download Issue #41, August 2013 of the PEX Investor Monthly Newsletter.

European Power Exchange Power Trading Results In August 2013: August Volume Climbs 9% Year-On-Year

Date 03/09/2013

In August 2013, a total volume of 28.8 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets. This is an increase of 8.9% compared to the monthly volume a year ago (August 2012: 26.4 TWh). All market segments contributed to the growth, which is proof for the central role of EPEX SPOT and its services in European power trading.

Advanced Economies Growing Again But Some Emerging Economies Slowing, Says OECD

Date 03/09/2013

A moderate recovery is underway in the major advanced economies, according to the OECD’s latestInterim Economic Assessment.  Growth is proceeding at encouraging rates in North America, Japan and the UK. The euro area as a whole is out of recession, although output remains weak in a number of countries.

UK’s Financial Conduct Authority: Aberdeen Asset Managers And Aberdeen Fund Management Fined £7.2 Million For Failing To Protect Client Money

Date 03/09/2013

The Financial Conduct Authority (FCA) has fined Aberdeen Asset Managers Limited and Aberdeen Fund Management Limited (Aberdeen) £7,192,500 for failing to identify, and therefore properly protect, client money placed in Money Market Deposits (MMDs) with third party banks between September 2008 and August 2011.

Deutsche Börse Expects Around 200 Participants At ETF Forum - Deutsche Börse’s Sixth ETF Forum Takes Place In Frankfurt Today - 32 Per Cent Of European ETF Trading Uses Xetra - International Trading Comprises Approx. 70 Per Cent Of Order Volume

Date 03/09/2013

Deutsche Börse is hosting its ETF forum today. The event, which is now in its sixth year, has become an important meeting point for the sector. Around 200 participants from across Germany are expected at the forum, most of them institutional investors. They will hold discussions with product providers and industry experts.