News Centre

AFME Calls For Industry Discussion On Shortening Settlement Cycles In Europe

Date 21/09/2022

The Association for Financial Markets in Europe (AFME) has today published a new paper discussing whether Europe should move to a one-day settlement cycle (known as T+1). In Europe, the current settlement cycle for most transactions in equities and fixed income markets is two business days (‘T+2’). The paper follows announcements by the US and other jurisdictions earlier this year of their intention to move to shorter settlement cycles.

MARF Admits A New Green Commercial Paper Programme From Feníe Energía

Date 21/09/2022

MARF, BME's Fixed Income Market, today admitted a new 30-million-euro Green Commercial Paper Programme from Feníe Energía. This new programme will allow Feníe Energía to diversify and expand its financing sources by tapping into the fixed income markets and placing Commercial Paper (CP) issues with maturities of up to two years.

ETC Group Expands European Leadership Team Following Expansive Growth - ETC Group Adds Industry Experts Jan Altmann And Alan Boulhimez To Head Up The German And French Markets

Date 21/09/2022

ETC Group (www.etc-group.com), Europe’s leading specialist provider of institutional-grade, digital asset-backed securities, announced that it has expanded its European team with industry leaders Jan Altmann and Alan Boulhimez joining as directors of investment strategy for the DACH region and French speaking Europe respectively.

Delta Capita Appoints New Head Of Data

Date 21/09/2022

Delta Capita, a leading global capital markets consulting, managed services and technology provider, today announces that Riddhi Sen has been appointed its new Head of Data.

SGX FX Deepens OTC FX Liquidity In Singapore With The Launch Of SGX CurrencyNode

Date 21/09/2022

• Anchored in Singapore, the largest FX centre in Asia-Pacific, SGX CurrencyNode aims to be a leading FX trading venue that connects global participants anonymously to unique and deep OTC FX liquidity pools
• SGX CurrencyNode completes the buildout of SGX FX’s OTC FX infrastructure

Borsa İstanbul Announces The Constituent Changes To The BIST Stock Indices For The Fourth Quarter Of 2022

Date 21/09/2022

All changes will be applied after the close of business on Friday, September 30, 2022 and will be effective on Monday, October 3, 2022.

UK Financial Conduct Authority Sets Out Potential Interventions To Reform Multi-Occupancy Buildings Insurance Market

Date 21/09/2022

The Financial Conduct Authority (FCA) has today set out a range of recommendations and other potential remedies designed to give leaseholders greater protections from high prices and ensure the buildings insurance market operates better for leaseholders. 

PA Consulting Asks Businesses Not To Turn Their Back On Breakthrough Innovation

Date 21/09/2022

Investing in breakthrough innovation – bringing something new to the world – is critical for organisations who want to futureproof their growth and combat a rapidly evolving set of competitors. Those organisations that only focus on more incremental innovation will miss out on significant growth.

We'll Continue To Provide An Efficient Market To Enhance Securities Lending – NGX

Date 21/09/2022

Consistent with its commitment to contribute to the growth and development of capital market in Nigeria and Africa, Nigerian Exchange Limited (NGX) says it will continue to collaborate with market stakeholders to enhance securities lending transactions and provide an efficient and liquid market for investors.

Hamburg Commercial Bank Transfers Its SEPA Processing To Broadridge’s BPO Payments Service - Average Straight-Through Processing Rate Of 99.9%

Date 21/09/2022

Hamburg Commercial Bank (HCOB) has successfully completed the transformation of its SEPA (Single Euro Payments Area) payments business to a cloud-based, next-generation platform run by leading global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR). The transition was made to Broadridge’s Payments as a Service and BPO operation that uses PPI AG’s advanced payments technology. This latest move follows the earlier transition of HCOB’s high-value TARGET and international SWIFT payments that migrated to the Broadridge service in July 2021.