Industry news

SIX Swiss Exchange Selects UnaVista As Partner For Transaction Reporting For Remote Participants

SIX Swiss Exchange is to partner with London Stock Exchange Group to establish a link to their UnaVista service to facilitate transaction reporting for products admitted to trading on SIX Swiss Exchange for remote participants. The service from UnaVista will allow remote participants of SIX Swiss Exchange to fulfil their reporting obligations under the Swiss Financial Market Infrastructure Act (FMIA).

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Turquoise Lit Auctions™ to offer frequent transparent auctions throughout the day

Turquoise, a leading pan-European MTF, today announced that it plans to launch frequent transparent auctions to complement its existing lit and non-displayed trading mechanisms. Turquoise Lit Auctions™ will be a pre-trade transparent, MiFID II compliant, matching mechanism providing indicative price and quantity to the market. The auction mechanism has already obtained regulatory approval for Q4 2017 launch, ahead of MiFID II implementation in January 2018.

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LSEG collaborating with IBM to develop securities data blockchain solution for European SMEs

Borsa Italiana, part of London Stock Exchange Group (LSEG) and IBM (NYSE: IBM) today announced they are building a blockchain solution to digitize the issuance of securities for small and medium enterprises (SMEs) in Europe. Designed to simplify the tracking and management of shareholding information, the new system intends to create a distributed shared registry containing a record of all shareholder transactions, helping to open up new opportunities for trading and investing.

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LCH’s CDSClear Launches CDX High-Yield Clearing

  • Clearing of Markit CDX North American High Yield index now available
  • First European CCP to offer clearing of this index
  • Further expands CDSClear’s North American index coverage
  • LCH has broadest credit coverage of any CCP globally
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LSEG to acquire The Yield Book and Citi Fixed Income Indices

London Stock Exchange Group (LSEG) has reached an agreement with Citigroup Inc. (Citi) to acquire The Yield Book and Citi Fixed Income Indices, a fixed income analytics platform and index business comprising a family of fixed income indices (including the WGBI) (together the “Business”) for a total cash consideration of $685 million (£535 million), subject to customary adjustments (the “Acquisition”). Subject to regulatory clearance and other customary closing conditions, the transaction is anticipated to close in the second half of 2017.

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