News Centre

ECON MEPs Adopt A Final Report On A “Basic PEP” That Will Hurt Pension Savers

Date 03/09/2018

BETTER FINANCE wishes to stress that providing EU citizens with a really safe PEPP is critical for their future pension adequacy. It is happy to see that the MEPs approved some of the improvements for pension savers it has been supporting, such as:

• the collective redress provision,
• the right for independent saver associations to subscribe a PEPP on behalf of their members (the inclusion of these associations as subscribers of PEPP products was indeed important as these associations have proven to be very effective in providing a better balance to the relationship between providers and pension savers),
• the annual fee cap of 1% for the basic PEPP, 
• and the disclosure of the past performance of the PEPP since its inception and not just for five years (however, there is no requirement to also disclose the provider’s benchmark performance alongside that of the PEPP itself – as currently required for UCITS funds, thus preventing PEPP savers from assessing whether the provider has met its performance objectives or not).

Revised Lists Of The Moscow Exchange Indices Announced

Date 03/09/2018

Moscow Exchange announced today the results of the quarterly review for MOEX indices. All changes will be implemented from 21 September 2018. The Exchange has also set free floats for a number of companies.

Revised Lists Of The Moscow Exchange Indices Announced

Date 03/09/2018

Moscow Exchange announced today the results of the quarterly review for MOEX indices. All changes will be implemented from 21 September 2018. The Exchange has also set free floats for a number of companies.

EUREX: Strong Month For European Equity Derivatives - 56% Increase Year-On-Year With 21.9 Million Traded Contracts In August

Date 03/09/2018

In August, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, has seen strong demand for its products. Traded European interest rate contracts increased by 27 percent to 46.6 million, from 36.7 million in August 2017. Demand was particularly high for European equity derivatives (+56 percent) with 21.9 million traded contracts (14 million in August 2017).

The Spanish Exchange Traded €32.6 Billion In August

Date 03/09/2018

The Spanish Exchange traded €32.6 billion in Equities in August, in line with volume traded on August 2017. The number of trades in August reached 2.9 million.

SIX Increases Its Stake In SECB GmbH To 100%

Date 03/09/2018

SIX has held a 25% stake in SECB (Swiss Euro Clearing Bank GmbH) since 1999. The other shareholders are the Swiss banks UBS, Credit Suisse and PostFinance, each with a 25% holding. SIX, in its capacity as the core infrastructure service provider of the Swiss financial center, is SECB’s largest client.

Strengthening The European Financial Industry Amid Disruptive Global Challenges - Speech By Yves Mersch, Member Of The Executive Board Of The ECB, At The European Institute Of Financial Regulation (EIFR), Paris, 3 September 2018

Date 03/09/2018

Europe’s financial industry still faces a number of challenges. Its continued weak performance, with low price-to-book ratios and meagre profitability, is ample proof of that.

EEX Trading Results For August 2018 - EEX Achieves Major Volume Increases In Power And Emissions

Date 03/09/2018

In August 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 52% to 271.3 TWh (August 2017: 178.9 TWh). In the Phelix products for Germany, Austria and Germany/Austria, volumes increased by 44% to 153.2 TWh (August 2017: 106.1 TWh). Also on the markets for France (24.7 TWh, +18%), Italy (40.3 TWh, +34%) and the Netherlands (1.3 TWh, +14%), EEX achieved clear double-digit growth. Options markets contributed 36.3 TWh to the total volume (August 2017: 10.8 TWh).

London Stock Exchange Group Plc - Total Voting Rights

Date 03/09/2018

The following notification is made in accordance with the FCA's Disclosure Guidance and Transparency Rules.

As at close of business on 31 August 2018, London Stock Exchange Group plc has in issue 350,587,299 ordinary shares of 6 79/86 pence each.

Al Mawared Brokerage Amman Stock Exchange Weekly Report 3 September 2018

Date 03/09/2018

Click here to download Al Mawared Brokerage's Weekly Report on the Amman Stock Exchange (ASE). The Report is designed to give an overview of developments in the Jordan Capital Markets as well as ASE performance indicators.