News Centre

Nasdaq Announces Quarterly Dividend Of $0.32 Per Share

Date 31/01/2017

The Board of Directors of Nasdaq, Inc (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.32 per share on the company's outstanding common stock.  The dividend is payable on March 31, 2017 to shareowners of record at the close of business on March 17, 2017.  Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

January Chicago Business Barometer Down 3.6 Points To 50.3 - New Orders At The Lowest Level Since December 2015

Date 31/01/2017

The MNI Chicago Business Barometer fell 3.6 points to 50.3 in January from a previously revised 53.9 in December 2016, the lowest since May 2016.

Nasdaq Reports Fourth Quarter 2016 With Record Revenues(1) - Announces Segment Realignment And Rebranding Of Fixed Income

Date 31/01/2017

• Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year.  Subscription and recurring revenues2 in the fourth quarter of 2016 represented 75% of total net revenues.  
• Revenues in non-trading segments3 in the fourth quarter of 2016 grew 11%, including organic revenue growth of 5%4.
• At December 31, 2016, the company achieved $38 million in annualized run-rate cost synergies for the acquisitions completed in 2016 out of a targeted $60 million expected upon completion of integration.
• Fourth quarter GAAP 2016 diluted loss per share was $1.35.  Non-GAAP diluted EPS was $0.95.  GAAP diluted EPS declined $2.23 from the fourth quarter of 2015, while non-GAAP diluted EPS increased $0.06, or 7%.
• Non-GAAP results exclude $646 million in pre-tax charges primarily related to the write-off of the eSpeed trade name.  
• Nasdaq realigned reporting segments to better reflect client orientation.  A new Corporate Services segment incorporates Listing Services and Corporate Solutions while Market Technology is now a stand-alone segment. 

IPC Teams With Verba To Offer Holistic Collaboration Recording Solutions For Financial Markets Customers Using Skype For Business™ - Offering Provides Advanced Compliance Recording Solutions To Mitigate Risk And Improve Competitive Edge

Date 31/01/2017

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced an agreement with Verba, a leader in call recording and quality management solutions for unified communications that support instant messaging, voice, and video devices, to provide compliance solutions for IPC customers who use Skype for Business™.

TSX Welcomes Freshii - Canadian-Born Global Restaurant Brand Celebrates Toronto Stock Exchange Listing With Market Open Ceremony

Date 31/01/2017

Toronto Stock Exchange (TSX) today welcomes Freshii Inc. (Freshii) to Canada's leading equities exchange. Freshii, the global leader in the health-casual restaurant business, will begin trading on TSX this morning under the symbol TSX:FRII.

The Innotribe Startup Challenge Returns To Africa For The Third Consecutive Year. Startups, It Is Time To Apply!

Date 31/01/2017

SWIFT Innotribe announces today that the Startup Challenge for Africa is open for applications. For the third year running, the Startup Challenge will be part of SWIFT’s African Regional Conference (ARC) held in Abidjan, Ivory Coast, from 16-18 May 2017. ARC brings together policy makers, industry leaders and the broader financial community from across the African continent. Typically attracting up to 500 delegates from around 40 countries, ARC is a unique forum for networking, education, discussion and debate and a great platform for FinTech startups to connect with the financial sector.

ADX Discusses Cooperation Ties With ADSIC And STRATA

Date 31/01/2017

In an effort to bolster further cooperation with all governmental institutions in UAE, Abu Dhabi Securities Exchange (ADX) Chief Executive, Rashed Al Blooshi recently received H.E. Badr S. Al-Olama, Chief Executive Officer of STRATA, and a delegation from Abu Dhabi Systems & Information Centre (ADSIC) headed by Mr. Saeed Mohammed Al Mansoori, Executive Director of Shared Government Services at ADSIC, and Mr. Abdullah Talib Al Ameri, Office Manager to Director General of ADSIC.

Dubai Financial Services Authority Proposes Framework For Loan-based Crowdfunding To support SME Financing

Date 31/01/2017

The Dubai Financial Services Authority (DFSA) has today launched a consultation on its proposed framework for regulating loan-based crowdfunding platforms. The consultation is the first in a series of papers which set out the DFSA’s approach to the regulation of crowdfunding platforms and the financial technology (FinTech) industry within the Dubai International Financial Centre (DIFC).

Contango Whitepaper: The Changing Face Of Client Derivatives Clearing

Date 31/01/2017

Contango has just released a special report looking at the changing face of client derivatives clearing as regulation, higher capital requirements and constraints on revenue models are changing the way banks in particular look at their clients. In line with a trend that started some years ago, the number of derivatives clearing firms is shrinking further. Banks must earn more from their clients or be faced with exiting the listed derivative brokerage business (unwelcome), accept lower returns on capital utilised (unlikely) or be more picky about the types of clients that they serve (likely). As a result a number are ‘reassessing’ their client base and some clients just don’t fit any more.

Innotribe Calls On The Best FinTech Startups In Russia And Neighbouring CIS Countries

Date 31/01/2017

SWIFT announces today that the Innotribe Startup Challenge for Russia is open for applications. For the first time this year, Innotribe is pleased to partner with the ROSSWIFT (Russian National SWIFT Member and User Group), namely the Bank of Russia, the National Settlement Depository, Sberbank, and Alfa-Bank to organise the Startup Challenge showcase during the International Financial Congress (IFC). Hosted by the Bank of Russia, our general partner for this first Startup Challenge in Russia, the IFC is Russia's largest international financial forum and will take place from 12-14 July 2017 in St. Petersburg.