News Centre

UK's Financial Conduct Authority Publishes Annual Report 2015/16 And Report Of Its Competition Activities Since 2013

Date 12/07/2016

The Financial Conduct Authority (FCA) has today published its third Annual Report, which looks back on the key pieces of work undertaken by the organisation throughout 2015/16. The FCA has also published a report summarising the activities it has undertaken to promote competition in financial services in its first three years.

BME: Quonia Socimi To Start Trading On MAB On 18 July

Date 12/07/2016

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on QUONIA SOCIMI,stating that the company is eligible for admission to the SOCIMIs (REITs) segment of this market, following a review of all the information presented by the company.

R.J. O’Brien Hires Ethanol Specialist Jordan Stern

Date 12/07/2016

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that Jordan Stern has joined the firm as Senior Vice President of Ethanol, operating out of Chicago. Stern will be focused on building out the firm’s futures, swaps and physical brokerage capabilities in ethanol and other biofuels beginning August 1. 

Bank Of England: Record Of The FPC Meetings Held On 28 June And 1 July 2016

Date 12/07/2016

• Reduced the UK countercyclical capital buffer rate from 0.5% to 0% of banks’ UK exposures with immediate effect. 
• Recommended to the Prudential Regulation Authority (PRA) that, where existing PRA supervisory buffers of PRA-regulated firms reflect risks that would be captured by a UK countercyclical capital buffer rate, it reduce those buffers, as far as possible and as soon as practicable, by an amount of capital which is equivalent to the effect of a UK countercyclical capital buffer rate of 0.5%.
• Welcomed the Bank of England’s announcement that it will continue to offer indexed long-term repo operations on a weekly basis until end-September 2016. This is a precautionary step to provide additional flexibility in the Bank’s provision of liquidity insurance, further reinforcing the ability of firms to draw on their own liquidity buffers.
• Supported the position of the PRA to allow insurance companies to use flexibility in Solvency II regulations to recalculate transitional measures. These measures smooth the impact of those new regulations. 

Clearstream’s Monthly Report

Date 12/07/2016

• European and Asian Exchange Traded Funds offer attractive lending returns
• Clearstream Chairman Tessler: Growing demand is curtailed by settlement challenges

STOXX Enters MOU WIth Yuanta SITC And MUTB To Expand Smart-Beta Footprint In Taiwan

Date 12/07/2016

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that it has entered into a memorandum of understanding (MOU) with Yuanta Securities Investment Trust Company (Yuanta SITC), the largest mutual fund company in Taiwan, and Mitsubishi UFJ Trust and Banking Corp. (MUTB), the leading Japanese trust bank, to expand the smart-beta footprint in Taiwan.

The African Development Bank And The African Securities Exchanges Association Sign Memorandum Of Understanding To Join Forces To Develop Africa’s Capital Markets

Date 12/07/2016

The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) signed a 5-year Memorandum of Understanding (MoU) to amplify the impact of their strategically aligned joint efforts to promote resources mobilization to fund Africa’s economic growth. This MoU will provide a collaborative framework for harmonizing and coordinating the efforts of AfDB, the premier international development financial institution for Africa, and ASEA, the premier body of African stock exchanges, towards deepening and connecting African financial markets.

ETFGI Reports Assets Invested In ETFs/ETPs Listed Globally Reached A New Record High Of 3.177 Trillion US Dollars At The End Of June 2016

Date 12/07/2016

ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high US$3.177 trillion at the end of June 2016.  US$31.38 Bn of net new assets were gathered during the month of June marking the 29th consecutive month on net inflows, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report (click here to view the ETFGI global asset growth chart).
 

Nasdaq Nordic And Nasdaq Clearing Appoint New Board Members

Date 12/07/2016

Nasdaq (Nasdaq: NDAQ) today announced the appointment of three new non-executive members of the Board of Nasdaq Nordic Ltd, Johanna Lybeck Lilja, Joachim Alpen and Magnus Fageräng. In addition, the appointment of one new non-executive member of the Board of Nasdaq Clearing AB was announced, Pia Warnerman.

EuropeanIssuers Remains Committed To The European Project And To The Capital Markets Union Action Plan After The United Kingdom Referendum

Date 12/07/2016

While acknowledging the disappointing result of the United Kingdom’s referendum in favour of leaving the European Union, EuropeanIssuers’ Board of Directors, at its meeting on 8 July 2016, stressed that the U.K. and the EU should seek swift agreements on the new status of the relations between both parties.