News Centre

EPEX SPOT: Bidding Zone Split Would Necessitate Considerable Amount Of Time And Effort Across Power Trading Sector - Customer Survey: Exchange Council Deliberates On Results

Date 17/03/2016

At the quarterly meeting of the Exchange Council of the European Power Exchange, the effects of a potential split of the German-Austrian bidding zone were debated amongst the members. EPEX SPOT presented an internal impact assessment out-lining the time and effort spent by the EPEX SPOT teams following such a split. The study shows that a bidding zone split would lead to a time-consuming internal project of 9 to 12 months for EPEX SPOT only. Interactions with external operations such as the Multi-Regional Coupling, which could lead to further need for resources, are not taken into consideration in this assessment. 

Misys Selected By The United Bank Of Egypt For Banking Transformation - Misys Solutions Lead Technology Modernisation Across Retail And Corporate Banking

Date 17/03/2016

Misys has announced today that The United Bank of Egypt (UBEG) has increased its investment in Misys solutions, upgrading to the latest versions of Misys FusionBanking Equation and FusionBanking Trade Innovation as part of a major modernisation project across its retail and corporate banking business.

b-next Enters Into Global Partnership With Verint

Date 17/03/2016

Through this relationship, b-next will offer Verint Speech Analytics™ with its CMC:Suite, an integrated compliance platform for capital markets. By combining the solutions, financial services organisations can capture and analyse information from voice calls automatically. Having these capabilities as part of a combined offering will further support b-next customers by helping them adhere to compliance regulations—such as the Dodd-Frank Act—particularly as it relates to searchable and identifiable voice recordings, as well as MiFID II Level 1 regulations and legislation in the EU for recording telephone conversations and electronic communications.

Moscow Exchange Benchmarks Recognised As IOSCO Compliant

Date 17/03/2016

Moscow Exchange’s (MOEX) benchmarks for the currency, equity, bond and money market segments have been recognised as compliant with the principles of the International Organization of Securities Commissions (IOSCO), confirming the Exchange’s commitment to good global practices in financial benchmarking.

ASIC Imposes Additional Licence Conditions On Macquarie Bank

Date 17/03/2016

ASIC has imposed additional conditions on the Australian financial services (AFS) licence of Macquarie Bank Limited (Macquarie).

G. H. Financials And Object Trading Bring The World To ASX 24

Date 16/03/2016

Object Trading and G. H. Financials announced readily-available direct market access to the ASX 24.  G. H. Financials, a leader in order-routing, clearing and settlement services to the world’s derivatives markets, has become a conformed broker on the managed DMA (Direct Market Access) service platform of Object Trading, a provider of a global, multi-asset trading infrastructure.   Market participants can now easily trade on the ASX 24, with minimal onboarding times, as G. H. Financials’ execution, clearing, and risk management infrastructure and related setup processes are in place and already active on the Object Trading platform.

FIA Comments On CFTC’s Proposed Rule On Automated Trading

Date 16/03/2016

FIA filed a comment letter with the Commodity Futures Trading Commission (CFTC) today in response to its proposed rule on automated trading. 

Nasdaq Futures Welcomes Straits Financial

Date 16/03/2016

Nasdaq announced today that Straits Financial is now an approved Futures Commission Merchants (FCM) for trading on Nasdaq’s U.S.-based designated contract market (DCM), which offers futures and options on key energy benchmarks, including oil, natural gas and U.S. power.

ESMA Announces Vacancies For Seconded National Experts

Date 16/03/2016

Vacancies for cost-free SNEs in the Markets, Investors & Issuers, and Legal, Cooperation and Convergence Departments. 

Nasdaq Futures Market Showing Consistent Growth

Date 16/03/2016

• Robust market support with more than 7 million contracts since July 2015 launch
• Consistent growth of 20% in volume and open interest
• More than 20% market share in natural gas options on multiple trading days demonstrates support from energy trading community