News Centre

Exabel Closes $3.6m Funding Round To Accelerate Growth In Asset Management

Date 21/09/2020

Exabel, the simple-to-use AI, analytics and data platform for active asset managers, today announced it has closed its third seed round, bringing the total amount raised by the company to more than $12 million. Led by 17 existing and 11 new investors, alongside a loan and grant from Innovation Norway, the latest funding will help the company build out its commercial functions in Europe and North America, and continue to establish strategic partnerships with data vendors.

AFME Welcomes European Commission Equivalence Decision On UK CCPs

Date 21/09/2020

Following the confirmation of the European Commission adoption of a time-limited equivalence decision for UK CCPs, Oliver Moullin, Managing Director at AFME said:

“We welcome today’s confirmation that the Commission has adopted a time-limited equivalence decision for UK CCPs. This is a vital step to address an important financial stability risk and ensure continued access for EEA firms to clearing services at the end of the Brexit transition period. It is important that ESMA now proceeds with timely recognition."

Bank Of England Statement On The European Commission Equivalence Decision On The Future UK Legal And Supervisory Framework For Central Counterparties (CCPs)

Date 21/09/2020

The Bank of England welcomes the European Commission’s adoption today of the equivalence decision on the future UK legal and supervisory framework for CCPs.

SET And TFEX Resumes Normal “Short Selling And Ceiling & Floor” Rules From October 1

Date 21/09/2020

The Stock Exchange of Thailand (SET) will resume the normal rules on short selling price rule with zero plus tick and ±30% ceiling & floor limit.   Whereas, Thailand Futures Exchange (TFEX) will also reapply the ±30% daily price limit rule, effective from October 1, 2020 after the temporary rules end their effectiveness at September 30, 2020.

Financial Stability: European Commission Adopts Time-Limited Decision Giving Market Participants The Time Needed To Reduce Exposure To UK Central Counterparties (CCPs)

Date 21/09/2020

The European Commission has today adopted a time-limited decision to give financial market participants 18 months to reduce their exposure to UK central counterparties (CCPs).

Neo Launches Multi-Currency Account For SMEs

Date 21/09/2020

Neo, the treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (SMEs). 

Vela Named Best Low-Latency Data/Technology Provider - WatersTechnology Recognises SuperFeed In The Inside Market Data Awards

Date 21/09/2020

Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, has won the Inside Market Data award for Best Low-Latency Data/Technology Provider. This category honours the trading technology firm that delivers trading advantages through the provision, facilitation, and transportation of low-latency market data.

Moscow Exchange: Risk Parameters Change For The Security RU000A0JW6P7

Date 21/09/2020

As per the Securities market risk parameters methodology, on 21.09.2020, 10-12 (MSK) the upper bound of the price band (up to 136.03) and initial margins (up to 21.25 %) for the security RU000A0JW6P7 were changed. New values are available here

1st Self-discipline Committee Of Shanghai Stock Exchange STAR Market Holds Working Meeting, Advocates Compliance In IPO Business

Date 21/09/2020

On September 21st, the 1st Self-discipline Committee of the STAR Market of the Shanghai Stock Exchange (SSE) held its 8th working meeting and published industry advocacy regarding new circumstances in recent IPOs. Relevant officials of the SSE and the Securities Association of China attended the meeting.

Exberry Expands Advisory Board With Appointment Of Exchange Modernizer Tony Mackay - Experienced CEO And Founder Of Global Chi-X Alternative Exchanges Takes Key Strategic Role To Accelerate Exberry’s Ambition To Target Global Exchanges And Markets

Date 21/09/2020

Exberry, the exchange technology pioneer, has today announced that leading-edge financial markets’ visionary, Tony Mackay, has joined its Advisory Board. Tony will play a key role in advising  the direction of the company and support Exberry in delivering its plans to introduce cloud based multi-asset class exchange infrastructure technology to the wider global market, enabling traditional, alternative and digital asset exchanges to launch, pivot and scale effectively.