IMF allows Greece to bundle June debt payments
June 4, 2015--Athens has bought more time to strike a critical aid-for-reforms deal with its bailout lenders after the International Monetary Fund agreed that the cash-starved country can repay debts due in June in one lump sum.
The International Monetary Fund (IMF) said Thursday that the government in Athens had asked the global lender to be allowed to pay back its debt maturing in June in a single payment to be made on June 30.
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Source: Deutsche Welle
UK official holdings of international reserves: May 2015
June 3, 2015--This release details movements in the international reserves of gold and assets held by the UK government.
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Source: HM Treasury
ECB says no talk of exiting bond purchase programme yet
June 3, 2015--European Central Bank president Mario Draghi said Wednesday that the ECB is a "long way" from considering phasing out its controversial bond purchase programme any time soon.
Asked whether the ECB was currently considering an "exit strategy" from a raft of unconventional policy measures, Draghi told a news conference: "No. The answer is no. We're really far from that."
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Source: EUbusiness
UK watchdog proposes new rules to avoid excessive fees for benchmarks
June 3, 2015-Britain's financial watchdog has proposed rules to ensure that widely-followed market benchmarks like Libor interest rates, gold or oil are available to all at a fair price.
After banks were fined for trying to rig the Libor interest rate benchmark and currency markets, Britain has required eight major market benchmarks to be run by an independent administrator to reduce the chances of manipulation.
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Source: Reuters
Zalando SE to be included in MDAX
Deutsche Börse reviews index composition/Unscheduled adjustments in SDAX
June 3, 2015--On Wednesday Deutsche Börse decided on changes in its selection indices which will become effective on 22 June 2015.
The following changes will be made to MDAX: The shares of Zalando SE will be included in MDAX and will replace the shares of Bertrandt AG, which will move to SDAX.
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Source: Deutsche Börse
Source's new CEO plays down flows slump
June 3, 2015--The new chief executive officer of exchange traded fund provider Source has played down a recent slump in European flows, blaming "profit taking" on a handful of products.
Peter Thompson, however, says Source will launch more physical ETFs in future as analysts believe that the provider's product mix is to blame for the poor sales.
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Source: FT.com
Northern Trust Monthly Funds Market Review: Switzerland takes top spot for ETF demand
UCITS assets reach record €
9 trillion mark|Northern Trust Transfer Agency teams awarded three-star accreditation
June 2, 2015--HK-China mutual fund recognition to start on 1st July
UCITS assets reach record 9 trillion euro mark
European institutions increase alternatives and passive
EFAMA warns of tax obstacle to capital markets union
China hedge funds lift Stock Connect after UCITS caution
Switzerland takes top spot for ETF demand
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Source: Northern Trust
FCA warns against systemic risk label for funds
June 2, 2015--The UK markets regulator has given his backing to asset managers fighting proposals that could see them labelled as potential threats to the worldwide financial system.
Martin Wheatley, head of the Financial Conduct Authority, said global regulators faced "big questions" that needed to be answered before..
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Source: FT.com
Revised lists of the Moscow Exchange Indices announced
June 1, 2015--Moscow Exchange has revised the constituent lists of the Moscow Exchange Indices as well as free floats effective from June 16 through September 15, 2015.
The constituent lists of the MICEX Index, the RTS Index and the Blue chip Index will remain unchanged.
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Source: Moscow Exchange
Turnover at Boerse Stuttgart around EUR 7 billion in May
June 1, 2015--Boerse Stuttgart's turnover in May 2015 was in the region of EUR 7 billion, according to its order book statistics.
Due to the public holidays in May, trading volumes were down compared with the high turnover figures for April, but roughly on a par with May 2014. Turnover in securitised derivatives, investment funds units and exchange-traded-products increased significant compared with May 2014.
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Source: Boerse Stuttgart