News Centre

BME And BBV Launch New Version Of The Bolivia Stock Exchange's Trading Platform

Date 26/10/2017

Bolsa Boliviana de Valores (BBV) and BME have successfully implemented a new version of the SMART BBV trading platform.

Deutsche Börse Group Reports Solid Results For Q3/2017

Date 26/10/2017

• Net revenue of €576 million (+3%)
• Adjusted EBITDA of €333 million (+5%)
• Adjusted net income for the period at €198 million (+4%)

Thomson Reuters 2017 Global KYC Surveys Attest To Even Greater Compliance Pain Points - Financial Firms Still Wrestle With Costlier, Lengthier Customer On-Boarding And Sub-Par Record-Keeping As Corporate Clients Voice Ongoing Concern Over Inconsistent, Excessive Requests And Document Security

Date 26/10/2017

Increasingly protracted, complex and costly processes associated with Know Your Customer (KYC) compliance and record-keeping underscore the challenges expressed by equally-sized pools of about 1,100 financial institutions and their corporate customers in response to the latest pair of independently-conducted Thomson Reuters surveys. As was the case in 2016, while financial firms have continued to invest significant resources in KYC, the compliance issues and concerns both they and their clients face appear to be rising.

CFTC Issues Order Extending Current Swap Dealer De Minimis Threshold To December 2019

Date 26/10/2017

The Commodity Futures Trading Commission (CFTC) today issued an Order that will keep the swap dealer de minimis threshold at $8 billion until December 2019. The one-year extension provides the CFTC additional time to complete the current data analysis and for the CFTC to consider appropriate further action.

Carsten Kengeter To Step Down As CEO Of Deutsche Börse As Of 31 December 2017

Date 26/10/2017

Carsten Kengeter today informed the Supervisory Board of Deutsche Börse AG (DBAG) that he would like to step down as Chief Executive Officer of DBAG effective 31 December 2017 in order to allow the company to focus on business, clients and growth, and to avoid further burdens caused by the ongoing investigation.

Deutsche Börse AG: Supervisory Board Accepts Offer From CEO To Step Down

Date 26/10/2017

Carsten Kengeter today informed the Supervisory Board of Deutsche Börse AG (DBAG) that he would like to step down as Chief Executive Officer of DBAG with effect of 31 December 2017 in order to allow the Company to focus its energy back onto clients, business and growth and to avoid further burdens caused by the ongoing investigation.

Statement On The Staff’s No-Action Relief Regarding MiFID II - SEC Commissioner Kara M. Stein

Date 26/10/2017

Today, staff from the Division of Investment Management and the Division of Trading and Markets issued a series of no-action letters related to the research payment provisions in the Council of the European Union’s Markets in Financial Instruments Directive (“MiFID II”).  MiFID II will give investors transparency into the cost of both research and trading commissions by requiring that payments be unbundled. Bundling of payments is a common practice in the United States and thus, Europe’s new approach creates a conflict for certain global firms.

Intercontinental Exchange To Launch SONIA Futures Contract

Date 26/10/2017

Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that on December 1, 2017, ICE Futures Europe expects to launch a new one month, cash-settled futures contract based on the Sterling Overnight Index Average (SONIA) rate.

Crypto Derivatives Exchange WandX To Launch Token Sale

Date 26/10/2017

Pioneering Indian tech firm WandX (https://www.wandx.co/), led by CEO Abhinav Ramesh, will launch a token sale on Friday 27 October to fund the building of its groundbreaking platform, which will allow investors to create and trade in derivative products based on crypto-assets.

BETTER FINANCE: EU Citizens As End-Investors Become Observers At The Board Of The European Financial Reporting Advisory Group

Date 26/10/2017

EFRAG, the European Financial Reporting Advisory Group, was established in 2001 with the aim of advising the European Commission (EC) on the suitability of the International Financial Reporting Standards (IFRS) as set by the International Accounting Standards Board (IASB). EFRAG's mission is to ensure that European views on the matter are taken into account in the IASB standard setting process and whether newly issued or revised IFRS meet the criteria for endorsement for use in the EU.