News Centre

Exchange Of Letters Between The Bank Of England Governor And The UK Chancellor Regarding CPI Inflation - May 2021

Date 06/05/2021

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.

Borsa İstanbul Announces The Constituent Changes To The BIST SME Industrial Index For June 1, 2021- May 31, 2022 Period

Date 06/05/2021

It is decided by Borsa Istanbul Management to make the changes in the table below for the period June 1, 2021 - May 31, 2022 in BIST SME Industrial Index.

CryptoCompare’s April Exchange Review: Ethereum Continues To Climb As CME’s ETH Futures Volume Quadruples To Reach $6.1bn In April

Date 06/05/2021

Trading volume boomed throughout April as derivatives volume surged 41.2% to $3.88tn. Spot volume followed suit, increasing 28.3% to $3.84tn. The derivatives market now represents 50.2% of the total crypto market (vs 47.8% in March).

Bank Of England - Asset Purchase Facility: Gilt Purchases - Market Notice 6 May 2021

Date 06/05/2021

At its meeting ending on 5 May 2021, the MPC voted for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these purchases at £875 billion.

UK Financial Conduct Authority Fines Sapien Capital Ltd For Serious Financial Crime Control Failings In Relation To Cum/Ex Trading

Date 06/05/2021

The FCA has fined Sapien Capital Ltd £178,000 for failings which led to the risk of facilitating fraudulent trading and money laundering. The fine was reduced due to serious financial hardship.

OWL Analytics Wisely Joins The IOWArocks Global Data Marketplace To Deliver ESG Data Sets To The Financial Services Community

Date 06/05/2021

• Rapid growth area driven by the need for sustainable investing
• Solutions to address new EU regulatory demands  

Arab Federation Of Exchanges Honors EGX’s Chairman For Chairing The Federation During The Last Period

Date 06/05/2021

The Arab Federation of Exchanges (AFE) honored Dr. Mohamed Farid Saleh, Executive Chairman of the Egyptian Exchange (EGX) and former Chairman of the Arab Federation of Exchanges for his previous period of chairmanship of the AFE during the past 2 years, from March 2019 to April 2021.

New Research Finds A Majority Of Institutional Investors Believe The Nasdaq Next Generation 100 Index Will Outperform The Nasdaq-100

Date 06/05/2021

New research commissioned by Invesco has found a majority (58%) of European institutional investors believe the Nasdaq Next Generation 100 Index will outperform the Nasdaq-100 over the next three years. Of this, more than a quarter (29%) think this is very likely. The Nasdaq Next Generation index, launched in August last year, offers targeted exposure to the eligible 101st to 200th largest securities listed on the Nasdaq stock market.

Dubai Financial Market Market Holiday - Eid Al AlFitr 2021

Date 06/05/2021

In the occasion of Eid Al AlFitr 2021 – 1442 H , the market will be closed on the 29th of Ramadan dated 11th May 2021 and till the 3rd of Shawal 1442 H. Work shall resume officially on Sunday 16th May 2021.

Liquidnet Market Structure: Landscape Report

Date 06/05/2021

Despite some moderate fluctuations in the market share of auctions and SIs, the postBrexit liquidity landscape continues to be stable with daily volumes traded averaging €56B in March up from an average of €43B in Q4 2020 (see Exhibit 1). However, the regulatory agenda for 2021/22 is set to keep the industry busy for near future, with the intention to revisit financial regulation both in the EU and the UK. The recent announcement by HM Treasury¹ to remove the Share Trading Obligation and the Double Volume Cap emphasizes the extent to which initial divergence appears inevitable. The FCA kicked off a series of consultation papers (CP) in April with the Conduct and Organisational requirements.² This will be followed by the Wholesale Markets Review in June, and then the MiFID/R review from ESMA CP in July, which will focus on proposed changes to RTS 1 and 2.