china yuan
January 19, 2017 BY Valentina Kirilova

China SAFE December data: continued capital outflows as Yuan fell

China's foreign exchange regulator commented earlier today that the country's forex reserves were ample and it has plans to deal with cross-border capital flows, even as bank forex sales in December climbed to their highest in nearly a year. According to Reuters, State Administration of Foreign Exchange (SAFE) spokeswoman Wang Chunying's exact words were: In the future,…

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ESMA bond liquidity data
January 18, 2017 BY Valentina Kirilova

EBA and ESMA call to clarify margin requirements between CRR and EMIR

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published today their joint report on the functioning of the Capital Requirements Regulation (EU) No 575/2013 (CRR) with the European Market Infrastructure Regulation (EU) No 648/2012 (EMIR). The report calls for the requirements for credit, market, and counterparty credit risk in the…

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White River Bancshares Company begins trading on OTCQX
January 18, 2017 BY Valentina Kirilova

OTC Markets to add Silexx Financial Systems as distributor of real-time Level 1 and Level 2 market data

OTC Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX, OTCQB and Pink financial markets for 10,000 U.S. and global securities, just announced it has added Silexx Financial Systems, a developer of professional trading, analytics and risk management systems, as a distributor of OTC Markets' real-time Level 1 and Level 2 market data. As a…

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January 18, 2017 BY Valentina Kirilova

The Liquidity Alliance builds blockchain solution for cross-border collateral transfer

Four members of the Liquidity Alliance (LA), an international group of central securities depositories (CSDs), are cooperating with Deutsche Börse to launch an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral. With the planned solution, The Canadian Depository for Securities Limited (CDS), Clearstream (Luxembourg), Strate (South Africa) and VPS (Norway) want to…

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January 18, 2017 BY Valentina Kirilova

Israel issues largest Euro bond offering on London Stock Exchange

London Stock Exchange (LSE) just welcomed the listing of Israel’s largest ever Euro denominated bond offering. The €2.25 billion issue in 10 and 20 year government bonds marks the first time in three years Israel has issued Euro denominated debt. The offer secured exceptional investor demand and was more than four times oversubscribed, with the combined…

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January 18, 2017 BY Valentina Kirilova

smartTrade unveils MiFID II transaction reporting solutions

smartTrade Technologies, a multi-asset electronic trading solutions company, has been working with a number of institutions on MiFIR/MiFID II implementations. Transparency, algorithmic trading and transaction reporting are some of the key areas of concern identified. With less than a year before January 3rd, 2018 deadline, smartTrade announced that it is ready for MiFID II challenges.…

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January 18, 2017 BY Valentina Kirilova

Spanish regulator CNMV warns against online trading sites AAOPTION and IB INVERSIONES

Spanish regulator CNMV just issued a warning against two online trading sites. The names of the companies are: AAOPTION (www.aaoption.com), and IB INVERSIONES (also called IB INVERSION BURSATIL, www.ibinversiones.com). Spanish regulator CNMV confirmed that these entries are not licensed or registered and, therefore, are not authorized to provide investment services.

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January 18, 2017 BY Valentina Kirilova

CBOE Holdings stockholders approve share issuance in Bats merger

At a special meeting of stockholders of CBOE Holdings, Inc. (NASDAQ: CBOE) held yesterday, CBOE Holdings stockholders voted in favor of a proposal to approve the issuance of shares of CBOE Holdings common stock pursuant to the previously announced Agreement and Plan of Merger by and among CBOE Holdings, two wholly-owned subsidiaries of CBOE Holdings…

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