News Centre

UK Financial Conduct Authority: Insider Dealers Sentenced In Operation Tabernula Trial

Date 12/05/2016

In a case brought by the Financial Conduct Authority (FCA), Martyn Dodgson, a senior investment banker, and Andrew Hind, a Chartered Accountant, have today been sentenced at Southwark Crown Court to 4.5 years and 3.5 years imprisonment, respectively, having been convicted of conspiring to insider deal between November 2006 and March 2010. Dodgson’s sentence is the longest ever handed down for insider dealing in a case brought by the FCA.

Online Brokerage Questrade Adopts Broadridge FX And Liquidity Solution To Streamline Post-Trade Operations

Date 12/05/2016

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that Questrade, an online retail brokerage based in Canada, has adopted Broadridge’s end-to-end foreign exchange and liquidity solution, Broadridge FX and Liquidity (FXL).

MEFF Broadens Range Of Underlyings For Single Stock Dividend Future Contracts - Meeting The Demand Of Market Participants

Date 12/05/2016

MEFF, the Derivatives Market of BME, will broaden the range of underlying assets for Single Stock Dividend Future contracts.

ISEFundHub Adds Three New Investment Managers

Date 12/05/2016

The Irish Stock Exchange’s (ISE) web-based fund information portal, ISEFundHub, has added data from three new investment managers - Edinburgh Partners, Man AHL and Odey Asset Management. Over 50 investment managers are now live on the portal.

Nasdaq Stockholm Orders Mavshack To Pay A Fine Corresponding To Four Times The Company’s Annual Fee

Date 12/05/2016

The Disciplinary Committee of Nasdaq Stockholm (“the Exchange”) has ruled that Mavshack AB (“Mavshack”) has breached Nasdaq Stockholm First North’s regulations (“the Rule Book”) and has therefore ordered Mavshack to pay a fine of SEK 293.304, corresponding to four times the company’s annual fee.

Bank Of England Financial Stability Paper 37: Got To Be Certain: The Legal Framework For CCP Default Management Processes – Jo Braithwaite And David Murphy

Date 12/05/2016

Financial Stability Paper 37: Got to be certain: The legal framework for CCP default management processes
Jo Braithwaite and David Murphy

Central clearing offers numerous benefits to financial stability including multilateral netting of cleared exposures and the centralisation of default management. These benefits explain the pivotal role of central counterparties (‘CCPs’) in the post-crisis derivatives market reforms. However they lead to a key financial stability question: will CCPs be able to manage a large member default effectively?

ENSO Expands Product Offering With New Emerging Manager Platform - ENSO Edge, The Emerging Manager Platform Built From ENSO Core

Date 12/05/2016

ENSO Financial Analytics (ENSO), an ICAP Group company and leading provider of a data analytics platform for hedge funds and prime brokers, announces today its launch of ENSO Edge, an emerging manager offering built from the award winning ENSO Core platform.

SGX Introduces Half-Yearly Update On Long-Suspended Companies

Date 12/05/2016

Singapore Exchange (SGX) is introducing a half-yearly report to update shareholders on companies with shares suspended for 12 months or more.

Hong Kong's Securities And Futures Commission Hosts Fourth Asia Pacific Takeovers Regulators Conference

Date 12/05/2016

The Securities and Futures Commission (SFC) is currently hosting the fourth Asia Pacific Takeovers Regulators Conference in Hong Kong. The conference provides a forum for takeovers regulators to discuss recent developments in the region and exchange ideas and views. 

Bank Of England Maintains Bank Rate At 0.5% And The Size Of The Asset Purchase Programme At £375 Billion

Date 12/05/2016

Monetary policy summary

Available as: PDF

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment.  At its meeting ending on 11 May 2016 the MPC voted unanimously to maintain Bank Rate at 0.5%.  The Committee also voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.