News Centre

Speech By Christopher Woolard, Executive Director Of Strategy And Competition At The FCA, Delivered At The Securities Industry And Financial Markets Association's (SIFMA) 2017 Annual Meeting

Date 24/10/2017

Highlights:

• The efficiency and integrity of the asset management sector has direct consequences for the prosperity of millions of people, particularly in an era of historically low interest rates.
• In 2015 we launched our asset management market study, which found that competition was not working effectively in some parts of the market.
• In response we’ve devised a package of reforms to ensure enhanced protection for investors, greater clarity on what they’re buying and a better understanding of what they’re paying.
• These reforms are particularly important as we enter a new phase. Strong regulation attracts investment and high standards will continue to be an essential part of the UK system post-Brexit.

The Saudi Stock Exchange (Tadawul) Publishes The Draft Trading And Membership Rules For Public Consultation

Date 24/10/2017

The Saudi Stock Exchange (Tadawul) is keen to involve all concerned and interested parties to participate and share their observations on the regulatory frameworks for Tadawul’s projects.

Intercontinental Exchange Announces Strategic Stake In Euroclear

Date 24/10/2017

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced it has acquired a 4.7% stake in Euroclear for EUR 275 million. ICE anticipates having one representative join the Board of Euroclear. Euroclear is a leading provider of post-trade services, including settlement, central securities depositories and related services for cross-border transactions across asset classes.

DTCC’s Global Trade Repository To Add New Capabilities In Support Of Securities Financing Transactions Regulation (SFTR) - GTR To Be Enhanced To Support The Reporting Of Securities Financing Transactions Across Europe

Date 24/10/2017

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it has begun efforts to enhance its European[1] Global Trade Repository GTR in support of the upcoming Securities Financing Transactions Regulation (SFTR) expected to be implemented in 2019. SFTR will require firms subject to EU regulations to report securities financing transactions including repurchase agreements, securities lending and margin lending trades to an authorised Trade Repository.

ESMA Agrees MIFID II Position Limits Proposed By FCA

Date 24/10/2017

The European Securities and Markets Authority (ESMA) has published today nine opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR).  

The Coller School Of Management At Tel Aviv University Opened Trading On The Occasion Of The New Academic Year

Date 24/10/2017

​This morning (Sunday, October 22), Coller School of Management at Tel Aviv University Opened Trading on the Occasion Of The new academic year at the Tel-Aviv Stock Exchange.

Statement On FCA Investigation Into Equifax Ltd

Date 24/10/2017

The FCA announces today that it is investigating the circumstances surrounding a cybersecurity incident that led to the loss of UK customer data held by Equifax Ltd on the servers of its US parent.

R.J. O’Brien Hires Giemza To Lead Global Risk Department

Date 24/10/2017

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced today the appointment of Brad Giemza as Managing Director and Chief Risk Officer. Giemza will serve on RJO’s senior management team.

Colt Provides Connectivity Between JPX And Chicago - New Exchange-To-Exchange Service From JPX Leverages Colt IQ Network For Security And Ultra-Low-Latency

Date 24/10/2017

Colt Technology Services has announced that it will provide direct connectivity between trading venues in Tokyo and Chicago for the Japan Exchange Group’s new inter-exchange service dubbed “JPX-Chicago Co-Location Direct”. The new service, powered by Colt’s dedicated, ultra-low-latency IQ Network, links JPX’s data centre in Tokyo with the Aurora and Cermak data centres utilised by major exchanges in Chicago.

Corrected - ACER/CEER: Households And Businesses Benefit From Falling EU Energy Prices

Date 24/10/2017

Electricity and gas retail prices generally fell in the EU for both household and industrial consumers. European households paid 8.4% less for their gas in 2016 compared to 2015, mostly thanks to improved gas markets, while the electricity household prices went down by 2.1% - first registered decrease for households since 2008 - thanks to the steady decline of electricity wholesale prices in recent years.