News Centre

The International Stock Exchange Announces New Regulatory Head

Date 05/12/2017

The International Stock Exchange (TISE) has announced Mark Nicol as the new Managing Director of its regulatory arm, The International Stock Exchange Authority Limited (TISEA).

Partnership Program Reaches Another Strategic Milestone - Five Major Execution Platforms Support Eurex Clearing’s OTC Service

Date 05/12/2017

Eurex Clearing, one of the world’s leading Central Counterparties (CCP) and part of Deutsche Börse Group, cooperates with major execution platforms for OTC traded interest rate swaps to enhance its price transparency, price discovery and liquidity. BGC Partners, Bloomberg, i-Swap, a TP ICAP Group company, Tradeweb and Tradition’s Trad-X are each seeking to become an ‘Approved Platform’ as part of the Eurex Clearing Partnership Program framework. This program rewards interest rate swap price makers for providing competitive Eurex prices to both the interbank and end-user market via execution platforms.

Irish Stock Exchange: Prosegur Cash Lists First Notes From New €1.5bn EMTN Programme

Date 05/12/2017

Prosegur Cash lists for the first time on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE) with issuance of €600m notes from its €1.5bn EMTN programme. The notes, with a 1.375% interest rate, have a maturity date of February 2026.

IPC CEO Neil Barua Wins 2017 American Financial Technology 'Best Third-Party Technology Vendor CEO' Award

Date 05/12/2017

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that its CEO Neil Barua has won the 2017 American Financial Technology Awards (AFTAs) "Best Third-Party Technology Vendor CIO or CEO" honor, which recognizes a CIO or CEO that has been particularly innovative and instrumental in heading up their firm's technology and services developed specifically for capital markets. Hosted by Waters magazine and WatersTechnology.com, the AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities.

Intercontinental Exchange Reports November Statistics

Date 05/12/2017

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported November 2017 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at http://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Tehran Stock Exchange Weekly Market Review From 1 December 2017 To 5 December 2017

Date 05/12/2017

Click here to download Tehran Stock Exchange's weekly market review.

UK’s Financial Conduct Authority Reveals Next Round Of Successful Firms In Its Regulatory Sandbox

Date 05/12/2017

The Financial Conduct Authority (FCA) today unveils the firms that were successful in their applications to begin testing in the third cohort of the sandbox.

TORA Launches AI-Driven Pre-Trade Analytics Tool To Help Firms Meet Stricter MiFID II Best Execution Requirements

Date 05/12/2017

TORA, provider of the industry’s most-advanced cloud-based order and execution management system (OEMS), today announced the launch of its artificial intelligence (AI)-driven pre-trade transaction cost analysis (TCA) solution designed to help firms meet the stricter best execution requirements imposed by MiFID II. TORA’s new AI TCA product moves beyond traditional TCA by using AI techniques to accurately estimate price slippage for trades before they enter the market.

SGX, ABS, ISCA, Law Society And SID Jointly Launch Guide On Prevention Of Insider Trading

Date 05/12/2017

Singapore Exchange (“SGX”), together with the Association of Banks in Singapore (ABS), the Institute of Singapore Chartered Accountants (ISCA), the Law Society of Singapore and the Singapore Institute of Directors (SID), is launching a guide on the prevention of insider trading.

Bank Of England: Record Of FPC Meetings Held On 22 and 27 November 2017

Date 05/12/2017

• Agreed that the 2017 stress test showed the UK banking system was resilient to deep simultaneous recessions in the UK and global economies, large falls in asset prices and a separate stress of misconduct costs. 
• Agreed to raise the UK countercyclical capital buffer (CCyB) rate from 0.5% to 1%, with binding effect from 28 November 2018.
• Agreed to reconsider the adequacy of a 1% UK countercyclical capital buffer rate during the first half of 2018, in light of the evolution of the overall risk environment.
• Assessed the various risks of disruption to UK financial services arising from Brexit and developed a checklist so that preparations could be made and action taken to mitigate them.
• Assessed its stress test scenario against combinations of various risks that might arise from a disorderly Brexit (such as increased tariffs on trade, loss of authorisations to sell products and services, operational disruption to customs and transport infrastructure, and a decline in investor appetite for sterling assets) and concluded that the impacts of these were encompassed within the set of macroeconomic shocks in the stress test.
• Reviewed the Bank’s first ‘exploratory’ stress test exercise, which examined major UK banks’ long-term strategic responses to an extended low growth, low interest rate environment with increasing competitive pressures from financial technology (Fintech). The exploratory scenario had provided a series of insights, ranging from the development of such exercises to the possible future of banking.
• Completed its annual review of risk and regulation beyond the core banking sector, agreed not to recommend any changes to the regulatory perimeter at this stage and asked for an in-depth assessment of the use of leverage in the non-bank financial sector, focusing on leverage created through use of derivatives. It also completed its in-depth assessment of the financial stability risks associated with derivatives transactions and judged that major reforms to global over-the-counter (OTC) derivatives markets after the crisis had improved the resilience of the financial system.
• Agreed that it could consider as implemented the Recommendation that it made to the Prudential Regulation Authority (PRA) in September 2017, on excluding central bank reserves from the calculation of the leverage ratio and requiring a minimum leverage ratio of 3.25%.