News Centre

Transcorp Hotel Commemorates N10Bn Rights Issue Listing With Nigerian Stock Exchange Digital Closing Gong Ceremony

Date 28/01/2021

Transcorp Hotels Plc commemorated the listing of its Rights Issue of 2,642,124,511 additional Ordinary Shares valued at N10 Billion on the floor of The Nigerian Stock Exchange (NSE or The Exchange) today, 28 January 2021. The listing was commemorated with a digital Closing Gong ceremony at the NSE where the Managing Director/Chief Executive Officer, Transcorp Hotels, Mrs. Dupe Olushola had the honour of bringing the day’s trading to a close.

ESMA Appoints New Management Board Member

Date 28/01/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has appointed a new member to its Management Board to fill a vacancy following the departure of a member of the Board of Supervisors.

UK And Switzerland To Deepen Cooperation On Financial Services

Date 28/01/2021

Plans to move forward to the next stage of talks between the UK and Switzerland on an agreement on financial services were yesterday agreed between the Chancellor Rishi Sunak and Federal Councillor Ueli Maurer.

ESMA Updates SFTR Q&A’s

Date 28/01/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today updated its Questions and Answers related to reporting under the Securities Financing Transactions Regulation (SFTR).

The ‘Gamification’ Of Wall Street?

Date 28/01/2021

When college kids start enthusiastically discussing short interest activity in a particular stock, maybe there has been a fundamental shift in market behavior? Rather akin to one of the game ploys sold within its outlets, gamers, enabled by social media platforms and game-like brokerage technology, appear to have wrought havoc on one of the biggest short plays established by hedge funds, Gamestop (GME). Seemingly urged on by the CEO of one of the largest targets of the short side, Elon Musk, at first sight it would appear to be a classic case of a short squeeze causing hedge funds to buy back their shares at a loss because of lack of inventory to establish more short positions. However, is it as simple as this?

BIS: What 31 Provinces Reveal About Growth In China

Date 28/01/2021

Summary

Focus

Chinese growth has been the main engine of the global economy for the past two decades. However, after the government announced in 2012 that it aimed to double real GDP by 2020, the country's aggregate growth statistics have been disappointingly flat and econometric analyses have been increasingly difficult to conduct. In this paper, instead of using aggregate growth statistics, we exploit a Chinese macroeconomic data set at the provincial level for 1999–2019 and take advantage of its larger statistical variation.

How Are Investors’ Trading Activities, Data Needs And Digital Expectations Evolving? Refinitiv

Date 28/01/2021

How are investors’ trading activities, data needs and digital expectations evolving? 

BME: MARF Registers A 50 Million Euro Commercial Paper Programme From GAM

Date 28/01/2021

BME’s Fixed Income Market, MARF, has registered a new Commercial Paper (CP) Programme from General de Alquiler de Maquinaria (GAM) for a maximum outstanding balance of 50 million euros. With this debut on the MARF, GAM will be able to place CPs over the next 12 months among qualified investors and professional clients with maturities of up to two years.

ESMA Updates Its Q&As Relating To The Prospectus Regulation

Date 28/01/2021

The European Securities and Markets Authority (ESMA), the EU’s securities and markets regulator, has today updated its Questions and Answers (Q&As) on the Prospectus Regulation with six new Q&As.  

Moscow Exchange: Risk Parameters Change For The Securities

Date 28/01/2021

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)