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ISE sells for $1.1 billion


01 July 2016 New York
Reporter: Stephanie Palmer

Nasdaq has completed its purchase of the Intercontinental Securities Exchange (ISE) from Deutsche Boerse group for $1.1 billion in cash...
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Carney: BoE can only do so much for stability


30 June 2016 London
Reporter: Stephanie Palmer

Despite the UK’s resilience and flexibility, Brexit marks a “major regime shift” with an effect on the country’s economic prospects that will take more than monetary policy to tackle...
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IPC launches cloud ETF trading service


30 June 2016 New Jersey
Reporter: Stephanie Palmer

IPC Systems has launched its new Financial Markets Cloud service for more secure and reliable trading for exchange-traded funds...
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Fitch: Brexit will be a challenge for MMF managers


30 June 2016 London
Reporter: Stephanie Palmer

The UK’s vote to leave the European Union could create challenges for managers of sterling-denominated money market funds, specifically around regulation and passporting...
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Bad press to boost KYC compliance


29 June 2016 Brussels
Reporter: Stephanie Palmer

SWIFT has partnered with Dow Jones to add adverse media information to its know-your-client (KYC) Registry...
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SEC appoints asset management co-chief


29 June 2016 Washington DC
Reporter: Stephanie Palmer

The US Securities and Exchange Commission has promoted Catherine Dabney O'Riordan to the role of co-chief of the division of enforcement’s asset management unit...
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GFT: Banks lacking in data management skills


28 June 2016 London
Reporter: Stephanie Palmer

Banks do not consider themselves capable of delivering on some of the most important aspects of data management, according to a survey from GFT...
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TWSE and Bursa Malaysia to collaborate


28 June 2016 Taipei
Reporter: Stephanie Palmer

The stock exchanges of Taiwan and Malaysia have signed a memorandum of understanding to cooperate to explore capital market opportunities...
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Pavilion improves alternatives offering


28 June 2016 Sacramento, California
Reporter: Stephanie Palmer

Pavilion Financial Corporation, a North American investment services provider, is set to acquire Altius Holdings, the parent company of Altius Associates...
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UEA ETF custody mandate for BNY Mellon


27 June 2016 Abu Dhabi
Reporter: Stephanie Palmer

BNY Mellon has been appointed as global custodian and fund administrator to the first liquid, tradable and transparent ETF listed in the Middle East under the UAE’s new regulations...
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BrickVest: Brexit threatens London’s fintech status


27 June 2016 London
Reporter: Stephanie Palmer

London could lose its status as a ‘fintech’ hub as a result of the UK’s vote to leave the EU, according to Emmanuel Lumineau, co-founder and CEO of BrickVest, an online real estate investment platform...