News Centre

Update On Responsible Sourcing Reporting For LME-Listed Brands

Date 01/09/2022

This notice provides an update on LME responsible sourcing – progress to date, and detail on next steps.

Bank Of England: Asset Purchase Facility: Gilt Sales – Market Notice 1 September 2022

Date 01/09/2022

Market notice

This Market Notice sets out the operational arrangements that the Bank of England (the Bank) intends to apply to the sale of gilts held in the Asset Purchase Facility (APF), as and when the Monetary Policy Committee (MPC) votes to commence gilt sales. It covers: (1) the Bank’s approach to gilt sales; (2) operating parameters; (3) participation; and (4) gilt lending. 

paragon GmbH & Co. KGaA: BaFin Imposes Administrative Fine

Date 01/09/2022

On 23 August 2022, BaFin imposed an administrative fine amounting to 75,000 euros on paragon GmbH & Co. KGaA.

Boerse Stuttgart Records August Turnover Of Around EUR 6,8 Billion - Securitised Derivatives Show Increase In Trading Volume Compared To The Same Month Of The Previous Year

Date 01/09/2022

Based on the order book statistics, Boerse Stuttgart generated turnover of around EUR 6,8 billion in August.

FTSE Russell: Straits Times Index (STI) Quarterly Review

Date 01/09/2022

• One change to the constituents of the STI

Flutterwave Secures Switching And Processing License, Nigeria's Highest Payments Processing License

Date 01/09/2022

Flutterwave, Africa's leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN's most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. 

Metropolitan Gives End-Users Power Over Data With Duco’s Data Automation Platform - Firm Replaces Reconciliation Tool That Required Extensive Developer Support In Favour Of Self-Service, No-Code Platform

Date 01/09/2022

Duco, a leading cloud-based data automation company, today announced that Momentum Metropolitan, a South African financial services group, have reduced reliance on manual work, demised a legacy solution and empowered end-users to handle day-to-day reconciliation tasks thanks to Duco’s intuitive and agile cloud-based data automation platform.

The Spanish Stock Market Trades 19 Billion Euros In August

Date 01/09/2022

• The volume traded in Equities so far this year is 8.6% higher year on year
• Fixed-income trading in August amounted to 6.5 billion euros, up 5% from the preceding month
• Trading in Futures contracts on the IBEX 35 ® index increased by 8.4% in the first eight months of the year

Michael Jaeggi Moves Up To The Management Board Of Boerse Stuttgart Group - Oliver Hans Resigns From The Group Management Board And Concentrates On His Responsibilities As Managing Director Of Baden-Wuerttembergische Wertpapierboerse

Date 01/09/2022

Michael Jaeggi (61) becomes Chief Information Officer (CIO) of Boerse Stuttgart Group as of 1 September and moves up to the Group’s Management Board. In parallel, Jaeggi remains Managing Director of the Group’s subsidiary Boerse Stuttgart GmbH. He leaves the Management Board of the subsidiary EUWAX AG.

LCH CDSClear Goes Live With Clearing For iTraxx Australia Indices And Single Name Constituents

Date 01/09/2022

• CDSClear has extended its product coverage beyond the US and Europe with the launch of clearing for iTraxx Australia indices and single name constituents
  • 11 iTraxx Australia indices
  • 38 single name CDS constituents of the iTraxx Australia indices, of which 28 are uniquely available for clearing through CDSClear

• Expansion demonstrates continued growth of the CDSClear service
• CDSClear users benefit from the widest breadth of products of any credit CCP globally, as well as risk-free compression, tailored backloading and rebalancing for all participants – all within a transparent framework.