News Centre

EuropeanIssuers Advisory Council Gathers In Brussels For An Interactive High-Level Discussion On The Strategy of ECB Policies To Support The EU Economy

Date 12/06/2019

The second edition of the Advisory Council took place on 7th June 2019 in Brussels, Belgium. About 30 Senior executives of major issuers in Europe from a wide range of industrial sectors participated. They addressed the background and complexity of the functioning of the financial markets as well as pressing issues regarding the latest political developments such as Brexit and how it influences the European Capital Markets landscape. Marcel Van Loo, EY EMEIA Financial Services Regional Managing Partner presented Europe’s Attractiveness Survey. The presentation was followed by an exchange of views on how the European financial landscape should be redesigned to support the EU economy. In the current political context, it has never been so important to influence EU financial regulation. Increasingly, stricter rules affecting EU publicly quoted companies magnify the cost of capital and may disadvantage EU companies competing in a globalised economy.

Bucharest Stock Exchange Goes Bullish As The Index Including The Dividends Rallies 20 Percent In The First Five Months To An All-Time High

Date 12/06/2019

• BET-TR index, which includes the dividends paid by the companies included in the main index of the Bucharest Stock Exchange, broke the 13,000-point ceiling in May for the first time in its history, following a 19.8 percent rally this year.
• May has witnessed the highest monthly trading volumes for equities so far this year, in excess of RON 1 billion.
• Adrian Tanase, BVB CEO: A mix of domestic and international events translated into a larger trading volume. Besides the ex-dividend data, which gave a strong boost to the trading activity, the most important decision for the local environment came from the Government, which amended the provisions of GEO 114 regarding the Pillar II pension funds.
• Lucian Anghel, BVB President: The 19.8 percent total return offered to investors by BET-TR since the beginning of the year is one of the best stock market performances in the region. Romania continues to be an attractive destination for local and international investors, offering some of the highest dividend yields in the world and growth prospects above the European Union average.

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UK Financial Conduct Authority Publishes Final Rules On Buy Now Pay Later Products

Date 12/06/2019

The Financial Conduct Authority (FCA) today confirmed it will introduce new rules in the Buy Now Pay Later (BNPL) market, saving consumers around £40-60 million a year. The changes, which include banning firms from charging backdated interest on money that has been repaid by the consumer during the BNPL offer period, will be in force by 12 November 2019.

genesis Wins ‘Best Digital Transformation Solution’ At The TradingTech Insight Awards - North America 2019

Date 12/06/2019

genesis, the international capital markets software firm, won the ‘Best Digital Transformation Solution’ at the 2019 TradingTech Insight Awards, North America.

FlexTrade Expands Focus In France - Staffs Paris Office To Serve Increased Demand For Company's Award-Winning Multi-Asset Trading Technology

Date 12/06/2019

FlexTrade (@FlexTrade), the global cross-asset execution and order management system, announced today it has expanded staff levels at its office in Paris to address increased demand in both sales and service for the company’s growing prospect and client base in France.

“Can New Trading Technologies Repeal The Rules Of Supply And Demand?” Asks Larry Tabb in New Research Note On TabbFORUM

Date 12/06/2019

The world of buy-side and sell-side traders is under pressure with the buy side needing performance while the sell side needs to demonstrate value. As the market becomes more automated and pressures mount on both sides of the market, Larry Tabb, founder and research chair at TABB Group and author of a new market note, “Fragmentation vs. Liquidity: Can Technology Resolve the Debate?” says having an effective platform that provides access to market-wide liquidity and enables the client to monitor its execution quality, use the most effective tools and easily customize them, will become critical to remaining relevant in this increasingly competitive world of equities trading.

Oslo Børs VPS: Mandatory Notification Of Trades

Date 12/06/2019

Euronext’s offer to acquire all outstanding shares in Oslo Børs VPS Holding ASA was made unconditional 31 May 2019. Sissel Bakker (Deputy board employee representative Verdipapirsentralen ASA) has accepted the offer for 31 shares (new holding: 0 shares).

Smart Contracts (SCs) Have Been Talked About, Tested, Even Hyped, Says TABB Group, But Will They Become Commonplace?

Date 12/06/2019

Although price machinations of various bitcoins have dominated the business press over the last several years, one of the lesser known implications of the worldwide interest in blockchain and distributed ledger technology (DLT) is the possible use of smart contracts (SCs) in the derivatives market – and in the rates space in particular.

Japan Exchange Group: 30th Anniversary Of Launch Of Stock Index Options

Date 12/06/2019

Opening Remarks By SGX Chairman Kwa Chong Seng At The Official Monetary And Financial Institutions Forum Global Public Investor Launch

Date 12/06/2019

1. Mr Heng Swee Keat, Acting Prime Minister and Minister for Finance;

Mr David Marsh, Chairman, OMFIF;

Distinguished guests, ladies and gentlemen;

A very good morning and a warm welcome to SGX.