News Centre

Solactive And SoFi Challenging The Status Quo – Two Waived-Fee ETFs Released With Solactive Underlyings

Date 11/04/2019

Solactive is pleased to announce the release of two indices labeled Solactive SoFi US 500 Growth Index and Solactive SoFi US Next 500 Growth Index, both serving as the underlying for two ETFs featuring a radical zero-fee waiver approach: the SoFi Select 500 ETF and the SoFi Next 500 ETF. Both funds are released by disruptive online personal finance company SoFi. These funds allow investors widespread access to the US broad market and will be free of charge through at least June 30, 2020.

Growing Volume Of eNotes Signals Surge In Digital Mortgages, According To MERSCORP Holdings, Inc. (MERS)

Date 11/04/2019

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, and its subsidiary MERSCORP Holdings, Inc. (“MERS”) today announced that the number of eNotes added to the MERS® eRegistry during the first quarter of 2019 exceeded the total number of eNotes registered for all of 2018. An electronic note, or eNote, is the functional equivalent of a paper promissory note when created in conformity with eCommerce law requirements, and upon origination, is registered on the MERS® eRegistry.

UK Financial Conduct Authority: Update On Brexit Delay

Date 11/04/2019

It has been confirmed the UK will not leave the EU on 12 April. The FCA will not implement its preparations for Brexit this weekend.

FTSE Russell Introduces Multi-Asset Composite Index Series

Date 11/04/2019

• Designed to provide broad measures of cross-asset market performance across a diverse selection of regions and risk exposures
• A wide range of indexes across major asset classes covering global, regional and Emerging markets, including US, Europe and China
• Draws on FTSE Russell’s family of industry leading equity and fixed income global benchmarks
• Designed for use by multi-asset investors, fully customizable and overseen by FTSE Russell’s transparent index governance framework 

Hong Kong’s Securities And Futures Commission Publishes Guidance On Enhanced Disclosures For Green Or ESG Funds

Date 11/04/2019

The Securities and Futures Commission (SFC) today issued a circular to provide guidance to management companies of SFC-authorised unit trusts and mutual funds on enhanced disclosures for SFC-authorised green or environmental, social and governance (ESG) funds.  

ETFGI Reports Assets Invested In The European ETF And ETP Industry Reached A New Record US$859.51 Billion At The End Of March 2019

Date 11/04/2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in Europe gathered net inflows of US$6.10 billion in March, bringing year-to-date net inflows to US$31.59 billion, more than the US$27.27 Bn gathered at this point last year. Assets invested in the European ETF/ETP industry finished the month up 1.09%, from US$850.28 billion at the end of February, to US$859.51 billion, according to ETFGI's March 2019 European ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Comment By Nigel Driffield, Professor, International Business, Warwick Business School: Cliff Edge Avoided But Delayed Brexit Offers Businesses No Certainty To Invest

Date 11/04/2019

Nigel Driffield, Professor of International Business at Warwick Business School, said: “In the short term the decision to delay Brexit means businesses can carry on trading, the cliff edge has been avoided."

Moscow Exchange: Interest Rate Risk Parameters Change On Securities Market

Date 11/04/2019

From the 15th of April 2019 CCP NCC sets the following risk parameters on Securities market:

• Minimal upward and downward interest rate risk rates;
• Ratio of Repo Rate Band to Interest Rate Assessment Range (x_IR).  

EU Leaders Agree To Delay Brexit Until 31 October

Date 11/04/2019

At the special summit on 10 April EU leaders agreed an extension of Article 50 until the end of October 2019. If the withdrawal agreement is ratified by both sides earlier, the UK will leave on the first day of the following month, leaders said. The decision was taken in agreement with the UK.

Erik Müller Joins ISDA Board Of Directors

Date 11/04/2019

Three new directors join the board of the International Swaps and Derivatives Association (ISDA), among them Erik Tim Müller, CEO of Eurex Clearing.  “ISDA works hard on making the global derivatives markets safer and more efficient. I am looking forward to contributing to this important work”, says Müller.