News Centre

FIA Tech Enhances Trade Data Network To Support Operational Resiliency

Date 20/06/2023

FIA Tech, a leading futures industry technology provider, has enhanced its Trade Data Network (TDN) to support the operational resiliency needs of clearing firms on the platform.

Nasdaq Dubai Celebrates The Listing Of USD 500 Million Sukuk By Arada

Date 20/06/2023

• The inaugural listing of Arada in the UAE follows the developer’s debut listing on the London Stock Exchange last year.
• With this, Dubai's total Sukuk listings surpass USD 77 billion, reinforcing its position as a leading global Sukuk listing hub.

Opening Remarks Of FIA President And CEO Walt Lukken - FIA International Derivatives Expo, 20 June 2023.

Date 20/06/2023

Welcome to IDX for our 15th year of hosting this amazing conference! It's so wonderful to be back here in London … one of the best, if not the best, cities in the world.  

EEX And Nasdaq Commodities Announce Intention To Transfer Nasdaq’s European Power Business To EEX - EEX To Facilitate Transition To Zonal Futures In Nordic Power Market To Grow Area Price Liquidity

Date 20/06/2023

The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals. The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures (EUAs) to EEX’s clearing house European Commodity Clearing (ECC). No financial details of the deal are disclosed.

BETTER FINANCE Praises The Latest Proposal From The European Commission On Withholding Tax In Europe

Date 20/06/2023

BETTER FINANCE supports the recent proposal put forth by the European Commission, aimed at simplifying the reimbursement of cross-border withholding taxes. Guillaume Prache, the Managing Director of BETTER FINANCE, expresses cautious optimism and states, “This proposal, which was swiftly introduced following a joint study conducted by BETTER FINANCE and DSW - Germany’s leading association for private investors and one of BETTER FINANCE’s member organisations - addresses the concerns highlighted in our research and shows promise in reducing the occurrence of dividend double taxation. We are particularly pleased that the Commission is giving Member States the option to implement relief procedures that prevent double taxation from the beginning."

Torstone Technology Announces Appointment Of Neil Mardon As Chief Financial Officer & Board Member

Date 20/06/2023

Torstone Technology, a leading global SaaS platform provider for post-trade securities and derivatives processing and risk management, is excited to announce the appointment of Neil Mardon as the company’s new Chief Financial Officer (CFO). As a seasoned financial industry executive, Neil is expected to bring a wealth of experience to the firm and bolster its expansion. Neil will also be joining Torstone’s Board of Directors.

Green RWA And Finastra Unveil A New Platform For Climate Risk Management - The CERM Sandbox Enables Banks To Better Understand And Manage Climate Risks In Lending Portfolios

Date 20/06/2023

Finastra, a global provider of financial software applications and marketplaces, and Green RWA, a pioneering association in climate transition, today announced the launch of the Climate-Extended Risk Model (CERM) Sandbox. The new platform offers an interactive and immersive experience for banks to understand and manage climate risks in a simple and accessible manner.

Kiwoom Asset Management Launches Secured Overnight Financing Rate ETF Tracking Solactive Index

Date 20/06/2023

Solactive is pleased to announce its first engagement with Kiwoom Asset Management as they join forces to introduce a new exchange-traded fund (ETF) that tracks the Solactive SOFR Daily Total Return Index. The HEROES US Dollar SOFR Active (Synth) ETF, through its daily cumulative return strategy, presents investors with the opportunity to participate in attractive yields offered by the SOFR rate. With the launch of this ETF, Kiwoom aims to provide financial market participants with a flexible and efficient tool to earn interest in line with the SOFR rate. The newly launched HEROES US Dollar SOFR Active (Synth) ETF has been listed on 20 June 2023 on the Korea Stock Exchange, under the stock code 460270.KS.

Japan Financial Services Agency: Publication Of "Progress Report 2023 For Enhancing Asset Management Business In Japan"

Date 20/06/2023

Today, Financial Services Agency published the translated version of the summary of "Progress Report 2023 for Enhancing Asset Management Business in Japan", which was previously published in Japanese on April 21th this year. 

Borsa Istanbul: Launch Of New SSF Contracts In Derivatives Market (VIOP)

Date 20/06/2023

Please click for the announcement.