News Centre

LSEG Collaborating With IBM To Develop Securities Data Blockchain Solution For European SMEs

Date 19/07/2017

• Borsa Italiana project plans to digitize securities certificate data to simplify issuance and management of shareholding information
• Solution aims to create a shared registry of shareholder transaction records
• Blockchain technology helps expand SMEs’ access to credit and enable shareholder data exchange

DIFC To Host Inaugural Global Financial Forum 2017

Date 19/07/2017

Dubai International Financial Centre (DIFC), the leading international financial hub for the Middle East, Africa and South Asia (MEASA) region, will organise the first Global Financial Forum (GFF) on Tuesday 14 November 2017. 

UK Financial Conduct Authority Ratesetter Announcement - UK Crowd Funding Association Statement

Date 19/07/2017

Bruce Davis, Director of the UK Crowd Funding Association (UKCFA) said:

“This underlines why we need clarity from the regulator about the scope of loans based crowdfunding.  The UKCFA represents members from loans and investment based crowdfunding and have always advocated maximising transparency for lenders and investors so they have a clear understanding of where their money goes, the risk it incurs and how the rewards are shared between platform and lender. Ratesetter have done the right thing to acknowledge their errors but the industry must not lose sight of the benefits of simplicity and transparency.

Al Mawared Flash Note - Jordan Sukuk Update

Date 19/07/2017

Click here to download  Al Mawared'd flash note - Jordan Sukuk Update.

Wall Street Horizon Expands Global Dataset With Addition Of Full Coverage Of Major European And Asian Index Constituents - Addition Sees Clients Get Enchilada’s Full 40+ Corporate Event Datasets For FTSE 100, CAC 40, DAX 30, Hang Seng 50, Nikkei 225, EAFE And Dow Jones STOXX 1000 Constituent Companies

Date 19/07/2017

Wall Street Horizon, an alternative data provider specializing in corporate event intelligence, today announced the expansion of its global dataset to include nearly 1,000 new companies. The increased offering, which includes data for all 40+ event types Wall Street Horizon tracks, includes the full roster of constituents for all major European and Asian indexes.

Aleksandra Maczynska Joins BETTER FINANCE As Executive Director

Date 19/07/2017

BETTER FINANCE has the pleasure to announce that Aleksandra Maczynska has just joined its Brussels team as number two. 

Aleksandra Maczynska is coming from Warsaw, Poland, where she was the Deputy Director of the International Relations and Communication Department of the Polish consumer and competition watchdog.

UK's Financial Conduct Authority: The Use Of The Interbank Rate In Online Currency Converter Tools

Date 19/07/2017

The FCA is concerned that payment institutions and e-money institutions may have used currency converter tools in relation to their currency transfer services in a misleading way. Tools which convert currency at the interbank rate may be used in such a way as to give consumers the misleading impression that the rates shown are available to them, rather than the materially inferior rate that they are likely to achieve. Furthermore, consumers may not become fully aware of the inferior rate they are likely to achieve until an advanced stage in the customer journey, commonly after a customer registration process has been undertaken. At that stage, consumers may be unlikely to shop around.

Six Equity Industry Veterans Join JonesTrading - Recruiting Talent Continues In Response To Client Demand

Date 19/07/2017

JonesTrading Institutional Services LLC, a leading block trading firm in U.S. and international securities for its institutional customer base, announced today that it has recently hired six equity trading industry veterans to its Cos Cob and Southampton offices. The move allows JonesTrading to add to its existing capabilities in both single stock and program trading. JonesTrading’s success for over forty years has been predicated on the necessity of trusted client relationships to find liquidity in blocks, and the recent hires will enhance the JonesTrading network. 

MGEX Breaks Open Interest Record

Date 19/07/2017

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has broken the total open interest record with the close of Tuesday’s activity.  The new record is 108,962 contracts.  

Abacus Group Receives Minority Growth Investment From WestView Capital Partners - Managed Cloud Services Provider’s Growth Propelled By Alt Investment Industry

Date 19/07/2017

Abacus Group LLC, a provider of managed IT solutions and infrastructure to the financial services industry, announces that it has received a minority growth investment from WestView Capital Partners, a Boston-based private equity firm focused on middle market growth companies. Abacus will continue to be majority-owned and operated by the Company’s senior management team.