U.K. Parliament Votes to Delay Brexit as Turmoil Drags On
March 15, 2019--Extension could play to Theresa May's advantage, allowing her to press euroskeptics to support her Brexit deal
British lawmakers voted to delay the U.K.'s departure from the European Union, setting up Prime Minister Theresa May for a pivotal week ahead in which she will likely aim to coerce recalcitrant elements of her Conservative Party into backing a deal they have soundly rejected twice.
Mrs. May is preparing to try one more time next week before she negotiates with the EU over an extension beyond the scheduled exit date of March 29, according to people familiar with the matter. Her hope is that lawmakers who want a pure break with...
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Source: Wall Street Journal
Mifid II data reporting falls behind as clocks spring forward
March 15, 2019--European regulators' efforts to collect more data on stock trading in the region have hit a curious snag-the changing of the clocks.
Under the European Union's revised Markets in Financial Instruments Directive, which came into force in early 2018, trading venues are required to publish price data at various points throughout the day to help banks determine the best way to deal on behalf of fund managers.
view more ESMA RegTech and SupTech-change for markets and regulators view more Fee war goes global as $1.6 trillion manager cuts ETF costs view more Spanish Stock Exchange to Go Live With Blockchain Collateral Pledge Certificates view more Backstage: 5G deployment in Europe view more New iShares ETFs on Xetra: Sustainable Emerging Markets Government Bonds and Corporate Bonds Worldwide
The iShares USD Corp Bond SRI 0-3yr UCITS ETF USD (Dist) allows investors to participate in the performance of investment grade US dollar-denominated corporate bonds with a residual maturity of three years or less and a minimum outstanding amount of US-Dollar 300 million. view more UBS AM launches inflation protection ETF view more
Lyxor receivesTEEC certification for the Lyxor Green Bond (DR) UCITS ETF
Introduced by the French government at the end of 2015 following the COP21, TEEC is the first national certification for private investment in the green economy.
view more Amundi to licence Solactive Flagship Equity and Fixed Income Indices view more If you are looking for a particuliar article and can not find it, please feel free to contact us
Source: fnlondon.com
March 14, 2019--The European Securities and Markets Authority (ESMA) has carried out an analysis of the regulatory and supervisory technologies currently being developed in response to various demand and supply drivers. The results of this analysis are presented in an article in the latest Trends, Risks and Vulnerabilities (TRV) Report .
ESMA finds that on the demand side, regulatory pressure and budget limitations are pushing the market towards an increased use of automated software to replace human decision-making activities. This trend is reinforced by supply drivers such as increasing computing capacity and improved data architecture.
Source: ESMA
March 14, 2019--Europe's biggest money manager is joining the global arms race to offer investors the cheapest exchange-traded funds around.
Paris-based Amundi listed nine ETFs this week that charge the equivalent of 50 cents for every $1,000 invested. That's a mere 10 cents more than Lyxor Asset Management asks for products that set a record low in the region last year, data compiled by Bloomberg show.
Source: pionline.com
March 14, 2019--Bolsa de Madrid (BME), Spain's largest stock exchange, said it expects to go live by year-end with a blockchain-based system for certifying collateral pledges after testing the technology.
The test "has shown a reduction in the total times of end-to-end processes exceeding 80 percent," BME said Thursday, as well as the potential to radically improve the participants' operational and risk management. The system allows market participants to avoid exchanging paper certificates and monitor the process in real time, the exchange said.
Source: coindesk.com
March 21, 2019--The next wave of mobile network innovation is provoking great excitement in the industry. And indeed, there is substantial potential for improvement. However, the exact form of the technology and the appropriate policy support are still far from clear.
The next generation of mobile technology, 5G, is being developed along markedly different lines from previous generations. In the past, mobile generations were generally characterised by a core technology (or sometimes by two or more core technologies), and were designed to fulfil the requirements of a fairly small number of mobile voice and data applications. By contrast, 5G is being developed to fulfil the needs of multiple use cases.
Source: Bruegel
March 13, 2019--Since Wednesday, two further iShares ETFs are tradable via Xetra and Börse Frankfurt.
The iShares J.P. Morgan ESG USD EM Bond UCITS ETF USD (Dist) allows investors to participate in the performance of US dollar-denominated government or quasi-government bonds of emerging markets.
The reference index includes government bonds with a high ESG rating. Issuers that have any interest in coal, tobacco or weapons and are named as violators of the United Nations Global Impact Principles for Corporate Sustainability are excluded from the index.
Source: Deutsche Börse Group
March 13, 2019--UBS Asset Management has launched a long duration US Treasury inflation linked ETF with embedded GBP-hedging on the London and Swiss stock exchanges.
The new fund broadens its inflation protection offering and enables pound sterling investors to position themselves in anticipation of potentially higher US inflation rates while mitigating foreign exchange risk.
Source: citywireselector.com
March 13, 2019--Lyxor Asset Management has received the TEEC (energy and ecological transition for the climate) certification for the Lyxor Green Bond (DR) UCITS ETF, the world's first ETF[1] offering investors exposure to investment grade green bonds.
Launched two years ago on the basis of a Solactive index with support from the Climate Bonds Initiative, the Green Bond ETF is the first ETF to receive this label.
Source: Lyxor
March 13, 2019--Solactive is pleased to announce that Amundi, Europe's largest asset management company with a total of € 1.425 tn in AuM, appointed Solactive as their index provider for the launch of their new ETF range, labeled "Amundi Prime ETF".
The new series contains nine Equity and Fixed Income ETFs, all utilizing Solactive indices as their underlying, and captivates with a progressive low-fee approach featuring just 0.05 percent of ongoing charges, corroborating the seismic shift in the ETF industry towards offering low-cost alternatives.
Source: Solactive