News Centre

Update On UK Financial Conduct Authority Authorisations Operating Service Metrics

Date 21/03/2023

In October 2022 we published an update on our operating service metrics for authorisations timelines, which included a view of operating service metrics for the period April to September 2022. 

Successful Migration Of ATHEXCSD & ATHEXClear Services To The New ECB's T2 RTGS System

Date 21/03/2023

ATHEXCSD and ATHEXClear announce the successful migration of their clearing and settlement services to the new T2 Real-Time Gross Settlement (RTGS) system which was operationally launched by the European Central Bank (ECB) on Monday 20 March 2023. The migration was successfully executed as part of the ECB's T2-T2S Consolidation project, in close cooperation with ATHEXCSD Settlement Banks and Participants and ATHEXClear Clearing Members. Τhe Bank of Greece (BoG) coordinated the migration project in the Hellenic Market on behalf of ECB.

IEX Exchange’s Position On The SEC’s Proposed Changes To Regulation NMS

Date 21/03/2023

On March 20, IEX Exchange (Investors’ Exchange LLC) filed our response to the SEC’s proposed changes to the reforms related to Regulation NMS, which include limiting maximum fees (and therefore rebates) exchanges can charge, trading increments, and “tick sizes” (units in which securities can be quoted). We believe the Commission’s proposals are thoughtful, thorough, and appropriately identify aspects of the rules that require reform. We support reform in all the areas identified by the SEC, while suggesting modifications to certain aspects to ensure that regulatory reform meets the Commission’s objectives.

Remarks To Investment Company Institute 2023 Investment Management Conference, SEC Commissioner Mark T. Uyeda, Palm Desert, CA, March 20, 2023

Date 21/03/2023

Thank you, Susan Olson, for that kind introduction.  After graduating law school in 1995, I became an associate with the asset management practice of a law firm in Washington, D.C.  The following spring, I remember the partners getting excited about the Investment Company Institute’s upcoming conference in Palm Desert, California.  Since attendance was largely a “partners-only” affair, this conference carried a bit of mystique to the associates and as a native Southern Californian, this event was doubly intriguing to me.  Thus, I was quite honored to be invited to speak with you here today and share some thoughts.  My remarks reflect solely my individual views as a Commissioner and do not necessarily reflect the views of the full Commission or my fellow Commissioners.

Remarks By US Secretary Of The Treasury Janet L. Yellen At The American Bankers Association’s Washington DC Summit

Date 21/03/2023

Good morning, everyone. Thank you, Rob, for your leadership of the American Bankers Association. I greatly appreciate the invitation to be with all of you at an important moment.

Eleventh Africa Fiscal Forum - Joint Statement By The Managing Director Of The International Monetary Fund And The European Commissioner For International Partnership

Date 21/03/2023

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ms. Jutta Urpilainen, European Commissioner for International Partnerships, today issued the following statement on the occasion of the Eleventh African Fiscal Forum ‘Building a Resilient Africa’, which is taking place virtually from March 21 to March 22:

MEMX Expands Investor Base With Leading Options Firms - Optiver Led Equity Round Focused On Supporting The Growth Of MEMX Options

Date 21/03/2023

MEMX, a market operator founded by members to benefit all investors, today announced the successful completion of a strategic equity round of funding led by Optiver, a leading global market maker, to support the launch of MEMX Options in August. Optiver assumes a MEMX board seat as part of the transaction. Additional firms participating in the round include new investors Belvedere Strategic Capital, LP, Chicago Trading Company, and IMC, as well as existing investors Citadel Securities and Virtu Financial.

Siepe Appoints Paul Livanos As Vice President Of Sales To Drive Business Development And Accelerate Growth

Date 21/03/2023

Siepe, a trusted provider of technology, data and analytics, has appointed Paul Livanos as Vice President of Sales. In this role, Paul will be responsible for building out and managing the sales and business development efforts across the Company’s managed services and software solution suite.

Cube Labs Lists On Euronext Growth Milan Professional Segment

Date 21/03/2023

• 7th listing of 2023 on Euronext Growth Milan

• Cube Labs brings the total number of companies listed on Euronext Growth Milan to 196

• 10th listing on Euronext in 2023

• Total placement volume of the offering equal to €4.1 million

KDPW And KDPW_CCP Have Adapted Their Systems To The New EUR Payment Clearing Platform TARGET

Date 21/03/2023

On 20 March 2023, after several years of preparation, the European Central Bank launched the new system TARGET for high-volume clearing in EUR. The KDPW Group is one of many users of the system in the EU.