News Centre

Six Exchanges Collectively Fine Merrill Lynch $3 Million For Violating The SEC’s Market Access Rule And The Exchanges’ Respective Supervision Rules

Date 26/09/2016

The Bats BZX Exchange, Inc., Bats BYX Exchange, Inc., Bats EDGX Exchange, Inc., New York Stock Exchange LLC, NYSE Arca, Inc., and The NASDAQ Stock Market LLC (collectively, the “exchanges”) announced today that, in disciplinary actions initiated by the Financial Industry Regulatory Authority (“FINRA”) on their behalf, the exchanges collectively fined Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch” or the “firm”) $3 million for violating the Securities and Exchange Commission’s (“SEC”) market access rule and the exchanges’ respective supervision rules.

Steven Maijoor, ESMA Chair, Appears At Economic & Monetary Affairs Committee In The European Parliament

Date 26/09/2016

Steven Maijoor, ESMA Chair, attended the annual hearing of the Chairs of the European Supervisory Authorities - European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) - by the Economic and Monetary Affairs Committee (ECON) at the European Parliament.

Federal Reserve Governor Daniel K. Tarullo At The Yale University School Of Management Leaders Forum, New Haven, Connecticut, September 26, 2016, Next Steps In The Evolution Of Stress Testing

Date 26/09/2016

Supervisory stress testing has become a cornerstone of post-crisis prudential regulation. Stress testing, unlike traditional capital requirements, provides a forward-looking assessment of losses that would be suffered under adverse economic scenarios. The simultaneous testing of the largest firms lends a perspective on a large part of the banking system and facilitates identification of common exposures and risks.

Baltic Exchange Shareholders Vote In Favour Of Acquisition By SGX

Date 26/09/2016

Singapore Exchange (SGX) is pleased to announce that the shareholders of The Baltic Exchange Limited (Baltic Exchange) have today approved all the resolutions required in connection with the proposed scheme of arrangement (“Scheme”) for the acquisition of the Baltic Exchange.

Broadridge Extends Global Post Trade Management Solution With Cash Management Capabilities - Continued Innovation Highlights Momentum In Marketplace As Major Institutions Adopt GPTM For Enhanced Operational Efficiencies

Date 26/09/2016

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced the extension of cash management capabilities to its industry leading Global Post Trade Management Solution (GPTM), which helps leading financial institutions optimize their use of capital across multiple asset classes and global markets.  The ability of Broadridge’s GPTM to drive increased operating efficiencies and agility for its clients has led to its adoption by the world’s leading financial institutions.  

Soramitsu Announces "Iroha," A Proposal To The Linux Foundation's Hyperledger Project - Open Source Blockchain And Distributed Ledger Technology

Date 26/09/2016

Makoto Takemiya and Ryu Okada; hereafter, "Soramitsu") has announced today the open sourcing and proposal of a distributed ledger technology (blockchain) platform called "Iroha" to the Hyperledger Project, an open source Linux Foundation collaborative project for the enhancement of blockchain and distributed ledger technology [1].

Thomson Reuters Launches D&I Index Reveals Top 100 Most Diverse & Inclusive Organizations Globally -First-Of-Its-Kind D&I Index Measures Relative Performance Against Multiple Factors That Define Diverse And Inclusive Workplaces. The Matterhorn Group At Morgan Stanley Is The First Advisory Team To Use The D&I Index As An Investment Tool

Date 26/09/2016

Thomson Reuters today announced the launch of its new Diversity & Inclusion (D&I) Index. The D&I Index ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories: Diversity, Inclusion, People Development and News Controversies. The Index is then calculated by weighing each metric based on importance in the market and how each company compares with its peers. The D&I Index is available on Thomson Reuters Eikon, as are the underlying diversity and inclusion metrics, which can be used to gain insight and help financial professionals screen companies for long-term opportunities and risks in their investments.

Thai Bourse To Revise Listing Criteria To Enhance Newly Listed Securities’ Quality, Effective January 1, 2017

Date 26/09/2016

The Stock Exchange of Thailand (SET) has amended the criteria for the new listing of securities on SET and Market for Alternative Investment (mai), aiming to enhance securities’ quality and increase liquidity, ultimately to strengthen capital market growth, effective from January 1, 2017. In addition, SET and mai have also revised the minimum par value of listed firms to be no less than THB 0.50, effective October 1, 2016 onwards, while exploring new approaches to facilitate startups and small firms to access funds.

Mark Jackson Named CEO Of The Baltic Exchange

Date 26/09/2016

The Baltic Exchange Limited (“Baltic Exchange”) today announces that Mark Jackson, currently Chief Commercial Officer of AM Nomikos Group and a former Chairman and Director of The Baltic Exchange, will become its next Chief Executive Officer. He is expected to take up his appointment early in 2017 and replaces the current CEO Jeremy Penn, who last year announced his intention to stand down this summer.

CurveGlobal - Open Access Derivatives Venture Goes Live

Date 26/09/2016

• CurveGlobal addresses client need to trade capital-efficient Rates products
• Launched with backing of major dealer banks and the Chicago Board Options Exchange
• Short Term and Long Term Interest Rate Futures offered in first phase
• Products traded on London Stock Exchange Derivatives Market, cleared through LCH
• Reinforces Group’s commitment to partnering with customers, as well as its Open Access approach