News Centre

J.P. Morgan Executes Intraday Repo Transaction Using Blockchain - JPM Coin Facilitated Payment In Exchange For Collateral

Date 10/12/2020

J.P. Morgan (NYSE: JPM) announced today it completed a live, blockchain-based intraday repo transaction. The transaction was successfully conducted between J.P. Morgan’s broker dealer and banking entity, using an in-house developed blockchain application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days.

Fiserv Announces Pricing Of Secondary Offering Of Common Stock By New Omaha Holdings And Associated Repurchase Of Its Common Stock

Date 10/12/2020

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today the pricing of the previously announced underwritten public offering of 17,500,000 shares of the company’s common stock by New Omaha Holdings L.P. (“New Omaha”), which is owned by investment funds managed by Kohlberg Kravis Roberts & Co. L.P., at a price of $112.00 per share (the “offering”). In addition, New Omaha has granted the underwriters a 30-day option to purchase up to an additional 2,625,000 shares of the company’s common stock at the public offering price, less underwriting discounts and commissions. Fiserv is not selling any shares in, nor will it receive any proceeds from, the offering. New Omaha will receive all of the net proceeds from the offering. The offering is expected to close on December 11, 2020, subject to customary closing conditions.

CME Group Declares Annual Variable Dividend

Date 10/12/2020

CME Group Inc., the world's leading and most diverse derivatives marketplace, today declared its annual variable dividend, amounting to $2.50 per share. The dividend is payable January 13, 2021, to shareholders of record on December 28, 2020.

Moscow Exchange: Risk Parameters Change For The Security TSLA-RM

Date 10/12/2020

As per the Securities market risk parameters methodology, on 10.12.2020, 15-33 (MSK) the lower bound of the price band (up to 38775) and initial margins (up to 28.75 %) for the security TSLA-RM were changed. New values are available here

UK Financial Conduct Authority Fines LJ Financial Planning Ltd £107,200

Date 10/12/2020

Independent financial advice firm is fined for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.

Gamification, VR And AR Lead The Way For Financial Services - HR Leaders’ New Learning Strategies, With Wellbeing And Performance Equally Important, Says CISI

Date 10/12/2020

UK financial services sector HR leaders are focusing more on supporting staff to strike a healthy balance between wellbeing and performance since the coronavirus pandemic, according to the Chartered Institute for Securities & Investment (CISI).

Eurex’s Pioneering Equity Total Return Futures Support Shift Towards On-Exchange Trading

Date 10/12/2020

• BNP Paribas and Goldman Sachs are the first banks to substantively trade a basket of Equity Total Return Futures (ETRFs)

ACER Finds Implementation Of EU Regulation On Requirements For Generators On Track In Most Countries

Date 10/12/2020

According to the third ACER Monitoring Report on the Implementation of the Network Code on Requirements for Generators, implementation is well on track in the majority of countries analysed. However, a few of them confirmed that the implementation of some of the requirements of general application has differed from the provisions included in the Network Code.

Eurex Exchange - Video: ETRFs & BTRFs – Learn All About Them

Date 10/12/2020

What are Equity Total Return Futures and Basket Total Return Futures? Everything you always wanted to know about these products is addressed in a new video.

Sber Becomes General Partner To Russian Chapter: The Directors’ Climate Forum, A World Economic Forum Initiative

Date 10/12/2020

Sber has become the general partner to Russian Chapter: The Directors’ Climate Forum, an initiative launched by the World Economic Forum to raise awareness and build the competencies of board directors and executive bodies of Russian companies in sustainable development and climate change.