News Centre

Broadridge Creates New AI-Driven Digital Execution Platform To Bring Next-Generation Liquidity To Corporate Bonds - LTX® Platform Executes First Trades With Broker-Dealers And Their Buy-Side Customers

Date 17/06/2020

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader, today announced that its new AI-driven corporate bond trading platform, LTX®, has executed its first trades. Broadridge has partnered with Jim Toffey, founder of Tradeweb Markets, to create LTX, which combines powerful artificial intelligence (AI) with a new digital execution protocol that enables broker-dealers to significantly improve market liquidity, efficiency and execution for their buy-side customers.

Moscow Exchange: Revised Maximum Quantity Of Securities Eligible As Collateral On Derivatives Market

Date 17/06/2020

CCP NCC changes maximum quantity of securities eligible as collateral on Derivatives Market starting from 7:00 p.m. on June 22, 2020:

Competing Decentralized Consolidation Model Is Impractical, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 17/06/2020

The SEC put in a spectacular effort with its new proposed rule 614. They expected that Competing Consolidators (CCs) under a Decentralized Consolidation Model (DCM) would “permit the market data infrastructure to more readily adapt to changes in technology to better fit the needs of market participants…” As much as we wanted to be a contender, we raised 15 rebuttals and think that the proposal may be impractical (see Table 1 of our 97-page submitted comments).

Moscow Exchange: REPO Risk Parameters Change For The Security DSKY - Update 5

Date 17/06/2020

As per the Securities market risk parameters methodology, on 17.06.2020, 15-53 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -99.47 %), penalty rate and IR Risk Rate (up to -0.291 rub) for the security DSKY were changed. New values are available here

Shanghai-London Stock Connect Welcomes China Pacific Insurance (Group) Co., Ltd.

Date 17/06/2020

• CPIC raises US$1.8 billion (prior to any exercise of the over-allotment option) / US$2.0 billion (assuming full exercise of the over-allotment option) through listing of GDRs in London on the Shanghai-London Stock Connect Segment (Shanghai Segment) of London Stock Exchange
• Largest capital raise via an admission to London Stock Exchange in 2020 to date
• CPIC has been admitted to trading on the Shanghai Segment of London Stock Exchange’s International Order Book
• Shanghai-London Stock Connect is the first ever fungible cross-listing mechanism enabling international investors to access China’s A-shares from outside Greater China

Moscow Exchange: REPO Risk Parameters Change For The Security DSKY - Update 4

Date 17/06/2020

As per the Securities market risk parameters methodology, on 17.06.2020, 15-22 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -88.11 %), penalty rate and IR Risk Rate (up to -0.258 rub) for the security DSKY were changed. New values are available here

ICE Data Services Launches Real-Time Publication Of Key Fixed Income Indices

Date 17/06/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services has launched real-time publication of several of its most popular fixed income indices. These indices will continue to be administered by ICE Data Indices, LLC (“IDI”).

Moscow Exchange: REPO Risk Parameters Change For The Security DSKY - Update 3

Date 17/06/2020

As per the Securities market risk parameters methodology, on 17.06.2020, 15-12 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -76.74 %), penalty rate and IR Risk Rate (up to -0.225 rub) for the security DSKY were changed. New values are available here

Firms Must Do More To Ensure That They Are Always Giving Appropriate Equity Release Advice, UK Financial Conduct Authority Review Finds

Date 17/06/2020

Firms must do more to ensure they are always giving appropriate advice to equity release consumers, an FCA review has found.

Matrix IDM Integrates FinTech Studios’ Cutting-Edge AI And Machine Learning Intelligent Search Functionality - Matrix Users Now Benefit From Instant Access To Relevant, Customised News, Research, And Market Analytics In Real-Time

Date 17/06/2020

Matrix IDM, a leading solution provider to asset owners and managers, today announces that they have successfully integrated FinTech Studios Apollo.aiTM platform into the Matrix offering. Matrix users now have the enhanced ability to track all news relating to their portfolios across all asset classes including private equity.