News Centre

Recommended All-Share Merger Between London Stock Exchange Group Plc And Deutsche Börse AG - Termination Of The Merger Following EC Decision

Date 29/03/2017

London Stock Exchange Group plc ("LSEG") today announces that the European Commission ("Commission") has notified LSEG, Deutsche Börse AG ("Deutsche Börse") and HLDCO123 PLC ("HoldCo") of its decision to prohibit the recommended all-share merger between LSEG and Deutsche Börse (the "Merger"). The Merger is subject to certain Conditions, including one that relates to the European Commission (the "EC Merger Control Condition"). The EC Merger Control Condition is LSEG Condition 4 to the LSEG Acquisition as set out in Part IV of the Scheme Document and is Deutsche Börse Condition B.7 to the Deutsche Börse Acquisition as set out in Section 14.1 of the Exchange Offer Document. The EC Merger Control Condition to the Merger has become incapable of being satisfied and consequently, the Merger will not proceed to Completion. Accordingly, the proposed Scheme of Arrangement of LSEG and the proposed Exchange Offer for Deutsche Börse Shares have lapsed, and the Cooperation Agreement has been terminated.

EU Commission Prohibits Merger Of Deutsche Börse And London Stock Exchange Group - Deutsche Börse To Focus On Continuing Its “Accelerate” Growth Strategy - Focus On Boosting Innovative Strength And Client-Centric Approach - Deutsche Börse To Support The Development Of The German Real Economy, And The Frankfurt Financial Marketplace, Through New Offers And Initiatives

Date 29/03/2017

Today, the EU Commission informed Deutsche Börse AG and the London Stock Exchange Group plc that it has decided to prohibit the planned merger of the two companies in spite of the remedial measures offered by both companies.

European Commission Blocks Proposed Merger Between Deutsche Börse And London Stock Exchange

Date 29/03/2017

The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission's investigation concluded the merger would have created a de facto monopoly in the markets for clearing fixed income instruments.

ESMA Appoints New Members To Its Management Board

Date 29/03/2017

The European Securities and Markets Authority has appointed two new members to its Management Board to replace two out of the three outgoing members whose mandates end on 31 March. 

Nikko AM-Straits Trading launches New ETF Tracking FTSE Asia REITs Index

Date 29/03/2017

• First ever Asia REIT ETF
• New ETF to be listed on Singapore Exchange
• c. US$475 billion ETF AuM linked to FTSE Russell indexes globally

HKFE Announces Revised Margins For Futures Contract

Date 29/03/2017

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Monday, 3 April 2017, the margin levels of the following Futures Contracts shall be as follows:

China Exchanges Services Company Announces Board Change

Date 29/03/2017

China Exchanges Services Company Limited (CESC), a joint venture (JV) of Hong Kong Exchanges and Clearing Limited (HKEX), Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) for the development of financial products and related services, is pleased to announce Liu Fuzhong and Ye Guoyu, both from SZSE, have joined its Board.

EBS BrokerTec Announces New Internal Structure For EBS To Better Serve Customers

Date 29/03/2017

EBS BrokerTec, a NEX Group business which provides electronic trading technology and services, announces a new internal structure for its electronic foreign exchange (FX) business, EBS, to allow it to better serve its customers.

Sentinel Consortium On Track To Meet MiFID II Deadlines For Financial Services Industry - The Project Sentinel Collaboration To Deliver An Industry-Standard, Fully MiFID II Platform For Achieving Compliance By Q4 2017

Date 29/03/2017

After the successful completion of assessments of technology providers in September 2016, a core group of banks have now committed, through Project Sentinel, to the implementation of the solution that has been designed over the last 9 months. Sentinel went through an accelerated cycle of requirement gathering, extensive RFI process to select the appropriate technology, material proof of concept of the key functionality, and in December the consortium moved into the implementation of the full solution. This includes the delivery of technology and workflows utilising agreed standards for the Sentinel components thereby allowing integration and interoperability with banks’ existing diverse and complex technology platforms in order to ensure compliance with MiFID II regulation.

ADX Wins ITP. Gov Award For The Best Government-To-Customer (G2C) Service Of 2017

Date 29/03/2017

Abu Dhabi Securities Exchange (ADX) was honored with the ITP .Gov Award 2017 for applying Blockchain technology for eVoting services. The award was conferred in a ceremony held in the Rosewood Hotel in Abu Dhabi on 27th March.