News Centre

An Industry First: Cloud9 And IPC Launch Innovative Disaster Recovery As A Service Solution

Date 04/03/2020

IPC, a leading provider of communications and networking solutions for the financial markets, and Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, announce today the launch of Disaster Recovery as a Service (DRaaS). The introduction of this state-of-the-art cloud-based offering for financial firms transforms the industry with a complete turnkey solution for voice trading disaster recovery. DRaaS is a SaaS service that allows traders to have ubiquitous access to a custom-designed virtual trading desk from any global location during an emergency.  

Intercontinental Exchange Reports Record February Volumes - ADV +39% y/y, OI +14% y/y

Date 04/03/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported February 2020 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 50.9%

Date 04/03/2020

The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) since the beginning of the year until the end of February 2020 was JD 33.1 million, representing 14.1% of the overall trading value, while the value of shares sold by them amounted to JD 63.9 million. As a result, the net of non-Jordanian investments showed a negative value of JD 30.8 million, whereas the net of non-Jordanian investments showed a negative value of JD 1.7 million for the same period of 2019.

Virtu Financial Expands Its Execution Services Leadership Team

Date 04/03/2020

Virtu Financial, Inc. (NASDAQ: VIRT) (“Virtu” or the “Company”), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, today announced the hiring of Jessica Morrison to serve as Co-Head of Virtu-ITG APAC and Head of Execution Services in the region.  She will join Virtu in June 2020.

Bank Of England: Andrew Bailey's CV And Questionnaire For The Treasury Select Committe

Date 04/03/2020

Published at the Treasury Select Committee hearing on 4 March 2020 on the appointment of Andrew Bailey as Governor of the Bank of England

The Mexican Stock Exchange (BMV Group) And GuavaTech, Inc. Announced An Agreement That Will Provide Clients With Direct Access To BMV’s Equity And Derivatives Markets

Date 04/03/2020

GuavaTech, a Managed Service Provider specializing in the financial services industry, and the Mexican Stock Exchange (BMV Group), a leading Latin American exchange, are pleased to announce an agreement offering BMV´s market data through GuavaTech at the Equinix NY5 datacenter. This agreement will provide clients with direct access to BMV’s equity and derivatives markets in a managed environment.

TRAction Launches Solution To Fix Buy-Side Best Execution Reporting Woes

Date 04/03/2020

TRAction, a regulatory reporting services provider, has launched a new solution to assist UK and European investment managers with their MiFID II obligations to monitor and give clients the best possible execution outcomes.

Jeffrey E. Kopiwoda Joins DV Trading, LLC As Chief Operating Officer And General Counsel - Shifra Katz Promoted To Chief Compliance Officer And Senior Counsel

Date 04/03/2020

DV Trading, LLC announced today that Jeffrey E. Kopiwoda has joined the firm as its Chief Operating Officer and General Counsel.  DV has also promoted Shifra Katz to Chief Compliance Officer and Senior Counsel.

DTCC Welcomes The Publication Of Best Practices For Derivatives Trade Reporting

Date 04/03/2020

Commenting on the publication of best practices for derivatives trade reporting, DTCC said:

DTCC welcomes the publication of best practices for derivatives trade reporting and – as the world’s leading trade repository – DTCC’s Global Trade Repository (GTR) service provided significant input into the development of the final recommendations. The guidelines around how firms should complete certain data fields will create higher rates of pairing and matching, therefore increasing the accuracy of trade reporting. This improvement will provide regulators with a better view of derivatives transactions and hence highlight more accurately risk in the financial system generated by this trading activity, which was the original intention of the policymakers at the 2009 G20 Pittsburgh summit.

Deutsche Börse: New DAX Index Focuses On Sustainability - DAX 50 ESG Index Launched - Benchmark Index With ESG Focus Contains Top 50 Companies Of German Stock Market

Date 04/03/2020

The German benchmark index DAX® has a new, sustainable family member: the DAX® 50 ESG Index, which was launched today. This index takes environmental, social and governance (ESG) criteria into account and highlights the 50 top companies regarding their ESG performance, market capitalisation and stock exchange turnover. It was created by Qontigo, the index and analytics business of Deutsche Börse Group.