October 05, 2016 BY Valentina Kirilova

Eurex’ MSCI segment reaches 1 million contracts of open interest for the first time in September

Deutsche Börse has just announced Eurex' September report. The investment behaviour of the buy side is undergoing structural changes. Passive products like Exchange Traded Funds (ETF) are gaining momentum. This changes the investment behaviour on the derivatives markets and increasingly shapes the product offering of exchanges. Eurex CEO Thomas Book commented when presenting Deutsche Börse Group’s…

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October 05, 2016 BY Valentina Kirilova

Thomson Reuters launches ONESOURCE Indirect Tax Development Partner Program

Thomson Reuters has announced the launch of the Thomson Reuters ONESOURCE Indirect Tax Development Partner Program, a comprehensive program designed to allow and empower developers at third-party firms, independent software vendors and value-added resellers to build, sell and support apps that extend the functionality of the ONESOURCE Indirect Tax platform. Chris Carlstead, managing director, Indirect…

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October 05, 2016 BY Valentina Kirilova

SFC bans a former employee of HSBC for life

The Securities and Futures Commission (SFC) has banned Ms Chen Chia Hui, a former employee of The Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for life following her conviction for bribery. The District Court found that Chen, a relationship manager of HSBC at the material time, accepted a secret commission in…

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October 05, 2016 BY Valentina Kirilova

ICAP and VC firm Accel put $16 million into OpenGamma

OpenGamma, the open source financial software pioneer and provider of derivatives risk analytics, has raised over $16 million from institutional investors. The funds will be used to address increasing demand from financial institutions for more efficient use of capital and technology resources. By deploying an innovative range of software-as-a-service (SaaS) solutions based on an open…

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October 05, 2016 BY Valentina Kirilova

ICE Data Services launches Best Execution service for fixed income in EMEA

Intercontinental Exchange (NYSE:ICE), the operator of global exchanges and clearing houses and provider of data and listings services, has announced ICE Data Services has expanded coverage for its Best Execution service to include sovereign and corporate bonds in Europe, the Middle East and Africa (EMEA). Best Execution leverages ICE’s fixed income Continuous Evaluated Pricing to measure best…

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October 05, 2016 BY Valentina Kirilova

GMO Click continues its Equity Trading Value plunge in September

GMO Click Holdings Inc (TYO:7177) has released the following monthly preliminary report of its subsidiaries for September 2016. Preliminary figures described below are subject to change. The total of Equity Trading Value keeps dropping from July - 1,661,545 in September. Numbers of Executed Equity Trades were also down last month. See details in the table below: To see…

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October 05, 2016 BY Valentina Kirilova

FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings

The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets. Mark Steward, Director of Enforcement and Market Oversight at the FCA said: Aviva outsourced the administration of…

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October 05, 2016 BY Valentina Kirilova

ICAP reports 8% rise in September ADV data volumes MoM

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has published the average daily volume data for September 2016. After the heavy summer slowdown last several months, there is a solid rise in September's ADV data volumes numbers and a jump of 8% MoM. EBS Volumes have climbed with whole 19%…

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October 05, 2016 BY Valentina Kirilova

ThinkMarkets launches Arabic website

FCA and ASIC regulated retail forex and CFD broker ThinkMarkets has launched its Arabic website, catering to the needs of the Arabic speaking FX trading community. The new website offers ThinkMarket’s ThinkTrader platform and offers access to all of its functions including pattern recognition, tools and analysis services. The site enables ThinkMarkets to offer multi-lingual solutions to comprehensively…

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