S&P strips Britain of perfect AAA credit rating
June 27, 2016--S&P Global Ratings has cut the UK's top credit grade by two levels after the country voted to leave the European Union last week.
UK Referendum on Membership of the European Union: Questions & Answers
June 24, 2016--The European Commission takes note of the outcome of the UK Referendum.
Now that the UK has voted to leave the European Union, what happens next?
The European Commission takes note of the outcome of the UK Referendum. Proceedings under Article 50 of the Treaty on European Union will have to be launched.
The terms of the UK Settlement agreed at the European Council of 18-19 February 2016 have ceased to exist.
During negotiations under Article 50, European Union Treaties and law continue to apply to the UK. If no agreement is reached within 2 years of the UK activating Article 50, the UK would leave the EU without any new agreement being in place.
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Source: European Commission
Joint statement by Deutsche Boerse and London Stock Exchange Group
June 24, 2016--Deutsche Börse AG
("Deutsche Börse") and London Stock Exchange Group plc ("LSEG") note the result of the UK Referendum which recorded a majority of votes in favour of leaving the European Union.
As stated in the shareholder documents published on 1 June 2016, the recommended all-share merger of LSEG and Deutsche Börse (the "Merger") is not conditional on the outcome of the Referendum.
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Source: Deutsche Börse
EU referendum results live: Brexit wins as Britain votes to leave European Union
June 24, 2016--Britain has voted to leave the European Union, with the Leave campaign securing around 51.8 per cent of the vote.
David Cameron, who will address the nation shortly, is now facing calls to resign as Prime Minister.
While England voted overwhelmingly for Brexit, Scotland and Northern Ireland backed Remain.
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Source: The Telegraph
Infographic-Is Brexit the First of Many Dominoes?
June 24, 2016--UK and the Rest of Europe Brace for an Uncertain Future
Markets have been turned upside down by a surprise Brexit result and the resignation of David Cameron.
While there is looming uncertainty around how this will affect the United Kingdom and Europe from an economic perspective, it might be just the tip of the iceberg in terms of long-run consequences.
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Source: visualcapitalist.com
Flow Traders NV: Flow Traders releases May 2016 ETP Market volumes
June 23, 216--Flow Traders N.V. ("Flow Traders") (Euronext: FLOW), today released the monthly ETP (Exchange Traded Products) Market data for the month of May 2016. This refers to general market data only.
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Source: FlowTraders
iShares Fallen Angels High Yield Corporate Bond launched on Xetra
June 23, 2016--ETF provides access to sub-investment grade corporate bonds
A new iShares bond index ETF from BlackRock's product offering has been tradable on Xetra and Börse Frankfurt since Thursday.
Name: iShares Fallen Angels High Yield Corporate Bond UCITS ETF
Asset class: bond index ETF
ISIN: IE00BYM31M36
Total expense ratio: 0.5 percent
Distribution policy: distributing
Benchmark: Barclays Global Corporate ex EM Fallen Angels 3% Issuer Capped Index
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Source: Deutsche Börse Cash Market
Russia to issue first international bond in three years
May 23, 2016-- Russia has hired a bank to launch its first international bond since the conflict in Ukraine led to the country being placed under sanctions.
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Source: FT.com
New PowerShares equity index ETF launched on Xetra
June 22, 2016--ETF tracks high-dividend low-volatility companies from emerging markets
A new index fund from the ETF offering issued by PowerShares Global Funds has been tradable on Xetra and Börse Frankfurt.
ETF name: PowerShares FTSE Emerging Markets High Dividend Low Volatility UCITS
Asset class: equity index ETF
ISIN: IE00BYYXBF44
Total expense ratio: 0.49 percent
Distribution policy: distributing
Benchmark: FTSE Emerging High Dividend Low Volatility Index
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Source: Deutsche Börse Cash Market
First independent Chinese issuer lists ETF on London Stock Exchange
June 21, 2016--Historic fixed income ETF issued by Fullgoal Asset Management
ETF tracks FTSE China Onshore Sovereign and Policy Bank Bond Index
ETF also set to list on Borsa Italiana
China onshore fixed income market is the world's third-largest bond market
Cements LSEG's position as partner of choice for Chinese issuers accessing European capital
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Source: London Stock Exchange Group