News Centre

The Consumer Credit Landscape Today - Speech By Andrew Bailey, Chief Executive Of The UK Financial Conduct Authority, At The Finance & Leasing Association (FLA)

Date 27/02/2018

Highlights

• The FCA has been regulating consumer credit for almost four years and it continues to be a key sector for the FCA.
• We are looking at developments in consumer credit to ensure that lending is affordable and sustainable.
• We recognise that consumer credit is not a monolithic market and we are intervening on specific products including credit cards, overdrafts and rent-to-own.

FESE Response To EC's Consultation: Building a Proportionate Regulatory Environment To Support SME Listing'

Date 27/02/2018

We fully support the European Commission’s commitment to deliver a more conducive regulatory environment to support SME initial public offerings and welcome the oppotunity to support them in identifying ways to cut red tape and build a supportive environment for SMEs wanting to list their shares or bonds on SME Growth Markets, without jeopardising investor protection and market integrity.

From Diocletian To Pay Day Loans: What Can We Learn From Successful And Unsuccessful Price Regulation? - Speech By Mary Starks, Director Of Competition And Chief Economist At The FCA, Delivered At The Social Market Foundation (SMF) Lecture, London.

Date 27/02/2018

Highlights

• Fixing or capping prices can have very serious unintended consequences.
• Policy makers should review price caps regularly to make sure they work as intended.
• Price regulation is a public policy decision that can create both winners and losers.

EEX New Participant: Energy Global Handel B.V.

Date 27/02/2018

Energy Global Handel B.V. has been admitted to exchange trading for Dutch Financial Power Futures.

Equities LiquidityMatrix January 2018 By Larry Tabb

Date 27/02/2018

January trading volume jumped 12% over December 2017 as the S&P 500 hit 14 record closes. The rapid rise in trading activity predated the 2,500-point drop in the Dow Jones in early February, as the VIX rose from a December average of 10.3 to a January average of 11.1, before spiking above 50 in mid-February. During a somewhat calm January, off-exchange TRF volumes neared a 10-year peak, reaching 39.56% of total ADV traded, the second highest TRF percentage since we started tracking TRF volumes in January 2008. The high TRF value – as well as a month-on-month decline of TABB-reported ATS/SDP volume, to 25% of total TRF volume – likely was driven by an increase in retail trading volumes that pushed the many record closes. Every month, TABB Group’s Equities LiquidityMatrix™ provides the industry with metrics from 25 ATS/SDPs, including stock capitalization distribution, block and demi-block % (shares & notional), midpoint %, and inside NBBO %, as well as a breakdown of exchange market share.

ESMA Chair Steven Maijoor Speech At The Second Annual FinTech And Digital Innovation Conference

Date 27/02/2018

The Chair of the European Securities and Markets Authority (ESMA), Steven Maijoor, delivered a keynote speech at Afore Consulting’s Second Annual FinTech and Digital Innovation Conference in Brussels on 27 February.

CFTC Chairman Giancarlo To Participate In A Fireside Chat At The IIB Annual Washington Conference

Date 27/02/2018

SEC Announces Agenda For March 8 Investor Advisory Committee Meeting - Welcomes New Members Jennifer Marietta-Westberg And Heidi Stam

Date 27/02/2018

The Securities and Exchange Commission today announced the agenda for the March 8 meeting of its Investor Advisory Committee. The meeting will begin at 9:30 a.m. in the Multipurpose Room at SEC headquarters at 100 F Street, NE, Washington, D.C. and is open to the public.  The meeting will be webcast live and archived on the committee’s website for later viewing.

Goldman Sachs Saudi Arabia Joins Saudi Stock Exchange (Tadawul) As A Member

Date 27/02/2018

The Saudi Stock Exchange (Tadawul) is pleased to announce that Goldman Sachs Saudi Arabia has completed all regulatory and technical requirements to become a duly licensed, approved and authorized member of Tadawul, with the right to conduct brokerage services and deal as a principal and as an agent in Tadawul.

The Quantum Countdown: Quantum Computing And The Future Of Smart Ledger Encryption: Report Launch

Date 27/02/2018

The Distributed Futures research programme is pleased to announce the release of a report entitled “The Quantum Countdown: Quantum Computing And The Future Of Smart Ledger Encryption”, another in a series of exciting projects in the programme.