News Centre

Quayle Munro Advises RigData On Its Sale To S&P Global Platts

Date 08/06/2016

Quayle Munro is pleased to announce that it has advised RigData, a provider of daily information on rig activity for the natural gas and oil markets across North America, on its sale to S&P Global Platts. The purchase extends the S&P Global Platts energy analytical capabilities by strengthening its position in natural gas and enhancing the company's oil offering. Financial terms were not disclosed.

ESMA Issues Technical Standards For European Long-Term Investment Funds

Date 08/06/2016

The European Securities and Markets Authority (ESMA) has today published its Final Report and draft Regulatory Technical Standards (RTS) for Regulation (EU) 2015/760, the European Long-Term Investment Fund Regulation (ELTIF).

Vienna Stock Exchange: ATX & ATX Prime: New Free Float Factors For BUWOG AG And Flughafen Wien AG

Date 08/06/2016

Today, ATX committee reviewed the calculation parameters for Austrian indices according to its index rules. For the real estate company BUWOG AG the free float factor increases from 0.7 to 0.8 due to the notification on the sale of shareholdings to institutional investors. After the takeover offer of Airports Group Europe S.à.r.l., the free float factor for the Vienna airport Flughafen Wien AG decreases from 0.3 to 0.2. The free float factor represents the portion of a company’s shares that are in the hands of a multitude of public investors and tradable on the stock exchange. It also impacts the weighting of a stock in an index. The changes will become effective on 20 June 2016. The next orderly review of the ATX composition is scheduled for 6 September 2016. 

London Stock Exchange Welcomes First Chinese Sovereign Rmb Bond Issued Outside Of China

Date 08/06/2016

• Mr SHI Yaobin, Vice Minister of the Chinese Ministry of Finance  and Harriett Baldwin MP, Economic Secretary to the UK Treasury open London trading
• Landmark listing of RMB 3 billion (£300 million) bond underlines increasingly strong financial ties between China and London
• London Stock Exchange established as world’s leading venue for RMB denominated bonds

Traiana Goes Live With Two New Banks On Harmony CCP Connect For Equities

Date 08/06/2016

Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. These new banks will further enhance the netting benefits already seen by the market through automated central clearing of OTC equity trades.

Convergex Enhances Darkest Algorithm By Adding Greater Flexibility

Date 08/06/2016

Convergex, an agency-focused global brokerage and trading related services provider, is pleased to announce that it has enhanced the configuration options in Darkest, its liquidity-seeking algorithm, to provide greater flexibility, block-trading functionality and enhanced anti-gaming tools when trading in European dark pools. Convergex's Darkest algorithm is designed to dynamically source non-displayed liquidity from Regulated Markets, MTFs and broker-crossing networks, while maintaining anonymity. Darkest's proprietary methodology monitors liquidity conditions on an ongoing basis and adjusts its attributes to take advantage of the liquidity opportunities that are available.

CME Group And CloudMargin Collaborate To Deliver An Integrated Collateral Management Service For Cleared And Non-Cleared Margin

Date 08/06/2016

CME Group, the world's leading and most diverse derivatives marketplace, and CloudMargin, the award-winning collateral management provider, today announced they have collaborated to offer CME Clearing and CME Clearing Europe customers the first cloud-based software service that integrates and automates the management of collateral in one place. This allows market participants access to a consolidated view across their complete collateral inventory that they can utilize for both cleared and non-cleared derivatives transactions at any given time.

FairFX Expands Its Services Into South Africa

Date 08/06/2016

FairFX, the FinTech low-cost multi-currency payments service, has extended its international payments service into the domestic South African market through a tripartite agreement with Morgan West Ltd and Mercantile Bank.

Tokyo Stock Exchange - Approval Of Initial Listing (TOKYO PRO-BOND Market): List JPY-Denominated Foreign Bond On TOKYO PRO-BOND Market With Value Of JPY 8 billion (Banco Latinoamericano De Comercio Exterior, S.A.)

Date 08/06/2016

Today, Tokyo Stock Exchange approved a JPY-denominated bond with a total value of JPY 8 billion (tenor: 3 years, coupon: 0.46%) from Banco Latinoamericano de Comercio Exterior, S.A. for listing on the professional-oriented TOKYO PRO-BOND Market.

MoU Between UAE's Securities And Commodities Authority And Bahrain's Accounting and Auditing Organization For Islamic Financial Institutions To Improve Professional Performance And Raise Awareness Of Financial Products

Date 08/06/2016

The Securities and Commodities Authority (SCA) entered into an MoU with the Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) to exchange expertise and bolster mutual cooperation in the field of accounting and auditing standards. H.E. Dr. Obaid Al Zaabi, Acting CEO of SCA, signed the MoU with Dr. Hamed Hassan Merah, Secretary General of the AAOIFI.