News Centre

Global X ETFs Releases New Telemedicine & Digital Health ETF Tracking ARTIS®-based Solactive Index

Date 30/07/2020

Digitization continues to permeate many areas of society’s everyday life. The healthcare sector is a prime example of this trend, as a historically localized and analog industry increasingly adopts digital solutions to improve health outcomes and reduce costs. To capture the growth potential associated with this theme, Global X ETFs is introducing the Telemedicine & Digital Health ETF (EDOC), which includes companies both providing or are affiliated with digital medical services and digital healthcare.

EBA Sees First Impact Of COVID-19 Materialising In EU Banks’ Q1 Data

Date 30/07/2020

The European Banking Authority (EBA) published today its quarterly Risk Dashboard together with the results of the Risk Assessment Questionnaire (RAQ). The updated data shows that the impact of COVID-19 was mainly reflected in a contraction of banks’ capital ratios and profitability, the cost of risk increased, whereas non-performing loans (NPL) ratios remained stable, confirming that the impact of the pandemic on asset quality can be delayed. The EBA also published a thematic note on leveraged finance, which highlights that the expansion of this market segment in recent years has come along with a significant easing of credit standards.

CFTC Market Risk Advisory Committee Approves Subcommittee’s Single-Step Transition Recommendations At Public Meeting

Date 30/07/2020

The Commodity Futures Trading Commission’s Market Risk Advisory Committee (MRAC) approved recommendations regarding the scheduled October 2020 transition of discounting and price alignment interest for certain products to the secured overnight financing rate (SOFR), otherwise known as the “Single-Step Transition,” at its July 21, 2020 public meeting.  Commissioner Rostin Behnam is the sponsor of MRAC. 

The Bank Of England Appoints Accenture As The Technology Delivery Partner For The Real Time Gross Settlement Service Renewal Programme

Date 30/07/2020

The Bank of England will work with Accenture to develop and build this new world class payments service.

Intercontinental Exchange Approves Third Quarter Dividend Of $0.30 Per Share

Date 30/07/2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today a $0.30 per share dividend for the third quarter of 2020, which is up 9% from the $0.275 per share dividend paid in the third quarter of 2019. The cash dividend is payable on September 30, 2020 to stockholders of record as of September 16, 2020. The ex-dividend date is September 15, 2020.

IMF Executive Board Approves New Central Bank Transparency Code

Date 30/07/2020

On July 2nd, the Executive Board of the International Monetary Fund (IMF) approved the new IMF Central Bank Transparency Code (CBT). The development of the CBT follows on the Board’s direction in April 2019 to update the 1999 Monetary and Financial Policies Transparency Code, and bring it in line with the recommendations of the 2017 Joint Review of the Standards and Codes Initiative, indicating the need for risk-based assessments to support policy effectiveness and address macroeconomic risks.

Intercontinental Exchange Reports Strong Second Quarter 2020

Date 30/07/2020

• Second quarter revenues of $1.4 billion, +8% y/y
• GAAP diluted EPS of $0.95, +13% y/y
• Adj. diluted EPS of $1.07, +14% y/y
• Operating margin of 53%; Adj. operating margin of 59%
• Operating income +10% y/y; Adj. operating income +8% y/y
• Through June 30, 2020, returned $1.4B to stockholders

EDM Council Launches Cloud Data Management Work Group To Develop Best Practice Framework To Accelerate Cloud Adoption

Date 30/07/2020

EDM Council, the leading trade association for data management, has launched the Cloud Data Management Capabilities (CDMC) Best Practices Work Group. This new group includes participation from Amazon Web Services (AWS), Google Cloud, IBM Cloud, and Microsoft Azure, as well as over 20 leading financial industry firms. The Work Group has been formed to develop an open source CDMC Best Practice Framework to accelerate Cloud adoption and automate the associated controls. The EDM Council Work Group is being co-chaired by Morgan Stanley and Refinitiv, with project management provided by Capco.

MayStreet Expands Cash Treasury Offering With The Addition Of Fenics Data

Date 30/07/2020

MayStreet, the industry’s leading market data infrastructure provider, today announced it has added Fenics USTreasuries (Fenics UST) to its US cash treasury data portfolio. Owned and operated by BGC Financial, L.P., Fenics UST is a low-latency, fully electronic U.S. Government securities trading venue that delivers displayed liquidity calibrated to the industry’s tightest tick increments.

Adroit Trading Technologies Partners With GLMX To Streamline Workflows For Global Repo Markets

Date 30/07/2020

Adroit Trading Technologies, LLC (Adroit) and GLMX Technologies, LLC (GLMX) have formed a strategic alliance that integrates Adroit’s multi-asset order and execution management system (O/EMS) with GLMX’S electronic securities financing trading platform. The new connectivity streamlines securities financing workflows, enabling clients to access real-time trading workflow tools on both platforms and delivering unique capabilities and insights.