Deutsche Börse plans resegmentation of the Open Market-continued

February 6, 2012--Deutsche Börse is planning a resegmentation of the Open Market. The First Quotation Board in its current form will be discontinued, the Entry Standard's rules are also being tightened.
In future, aside from bonds, only equities which have a listing on another domestic or foreign stock-exchange-like trading venue recognised by Deutsche Börse will be included in the Quotation Board, as was the case in the former Second Quotation Board.

Since 2008, a further financing segment, the First Quotation Board has been available in which the applying Members assume selection of the issuers. At the start of 2011, the requirements for the protection of the capital market were tightened. According to findings by Deutsche Börse, the stock exchange regulator of the state of Hesse and the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), despite criminal law and supervisory measures and the close involvement of the applicant and the tightening of admission requirements, there have nevertheless continued to be massive and frequent suspected cases of market manipulation.

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Source: Deutsche Börse


Europe ETP News
New Crypto Currency Index Tracks Booming Crypto Currency Marketplace
October 16, 2017--Freely Available Index is the Benchmark for Crypto Currency Investors
In the "Crypto Valley" of Zug, the world's capital of crypto currencies and blockchain, the Crypto Currency Index (CCI30) has been presented to the public.
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Lipper-Review of the European ETF Market, September 2017
October 16, 2017--The promoters of ETFs in Europe enjoyed net inflows for September. The assets under management in the European ETF industry (€598.7 bn) increased for September, up from €581.6 bn at the end of August. The increase of €17.1 bn for September was mainly driven by the performance of the underlying markets (+€10.5 bn), while net sales contributed €6.6 bn to the assets under management in the ETF segment.
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Invesco PowerShares launches European short-dated high yield ETF-PIMCO to manage portfolio
October 16, 2017--The PIMCO Euro Short-Term High Yield Corporate Bond Index Source UCITS ETF will invest in a selection of high yield securities with a maximum duration of five years with an issuer cap of 2%, excluding emerging market issuers in order to offer downside protection.
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Two new PIMCO Source bond index ETFs on corporate bonds launched on Xetra
October 13, 2017--ETFs track performance of short-term, euro-denominated corporate bonds rated below investment grade
Two new exchange traded funds (ETFs) issued by PIMCO Source have been tradable on Xetra and Börse Frankfurt since Friday.
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Euro Area Securities Issues Statistics: August 2017
October 12, 2017--The annual growth rate of the outstanding amount of debt securities issued by euro area residents decreased from 1.7% in July 2017 to 1.4% in August.
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Saxo Bank adds Ethereum tracker to trading platforms
October 12, 2017--Saxo Bank now offers clients access to trade the Ethereum ETNs issued by XBT Provider AB which were listed on Nasdaq OMX Stockholm stock exchange earlier this week.
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JP Morgan unveils first European ETFs
October 11, 2017--JP Morgan Asset Management (JPMAM) has unveiled its first exchange traded funds (ETF) targeted at European clients.
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ETFGI reports assets invested in ETFs/ETPs listed in Europe have increased 31.2% in 2017 to reach a new record of US$751 billion at the end of September 2017
October 11, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in Europe have increased 31.2% in the first 9 months of the year to reach a new record of US$751 Bn at the end of September 2017.
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Ethereum Gets Its First Exchange Traded Product As CoinShares Launches Two Ether Tracking, Exchange Traded Notes on Nasdaq Stockholm
October 11, 2017--Investors seeking exposure to the price movement of ether, the native token of the Ethereum platform, just got a new, but familiar option: two Exchange Traded Notes (ETNs) which track the price of Ether-Ether Tracker One (COINETH:SS) and Ether Tracker Euro (COINETHE:SS).
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ESMA issues Q&As on MiFID II implementation for post-trading issues
October 10, 2017--The European Securities and Markets Authority (ESMA) has today issued Question and Answers (Q&As) on post-trading issues regarding the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).
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New BNP Paribas commodity index ETF launched on Xetra
October 10, 2017--A new exchange traded fund issued by BNP Paribas Easy has been tradable on Xetra and Börse Frankfurt since Tuesday.
The commodity index ETF offers investors the opportunity to participate in the performance of a diversified portfolio of futures contracts on commodities from the two sectors energy and metals.
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Tradeweb European Exchange-Traded Funds Update-September 2017
October 9, 2017--The following data is derived from trading activity on the Tradeweb European-listed ETF platform.
ETF total traded volume
Total traded volume on the Tradeweb European ETF marketplace reached €13.2 billion in September, up 12% from August.
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Fee transparency vital to avert European pensions crisis
October 9, 2017--Efforts to spur workers to save more for retirement can't solve looming problem alone
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Government sets out vision for post EU trade and customs policy
October 9, 2017--Trade and customs white papers pave the way for legislation that will ensure the UK is ready for the first day after EU exit.
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ESMA highlights importance of LEI for MiFIDII/MiFIR compliance
October 9, 2017--The European Securities and Markets Authority (ESMA) has published a Briefing on the Legal Entity Identifier (LEI) as part of its efforts to raise industry awareness and facilitate compliance with the LEI requirements under MiFID II ahead of its 3 January 2018 launch.
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LSE September 2017 ETF & ETP Monthly Report
October 9, 2017--Listings
22 new ETFs were listed on LSE in September 2017, making a total of 111 new listings year-to-date.
There are now 945 ETFs (available as 1,442 lines through multi-currency offerings) and 439 other ETPs (available as 508 lines) on our London market.
We welcomed a new issuer Franklin Templeton to issue their first ETFs in Europe. They listed 4 smart beta ETFs:
Franklin LibertyQ European Dividend UCITS ETF
Franklin LibertyQ Global Dividend UCITS ETF
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Strong demand for Eurex' factor index futures
October 6, 2017--Since launch in May 2017, Eurex, Europe's largest derivatives exchange and part of Deutsche Börse Group, has seen its members readily embrace the six new iSTOXX Europe factor index futures.
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IMF Country Report-Spain: Selected Issues
October 6, 2017--THE SPANISH PENSION SYSTEM-CHALLENGES BEYOND FINANCIAL SUSTAINABILITY1
Spain adopted substantial pension reforms in 2011 and 2013 that safeguard financial stability of the contributory pension system over the long term. While the reforms would keep Spanish pension benefits relative to wages above the EU average, they imply a significant reduction in purchasing power.
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Brickblock Announces Key Advisors
October 5, 2017--Adds ETF, regulatory and legal experts to advisory team
Brickblock has secured three new high-profile advisors to add to its expert team. The new faces are: Holger Schlünzen, ETF analyst, Axel von Goldbeck, real estate and regulatory expert, and legal and currency specialist, Dr. Wolfgang Richter.
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MOVES-BNP Paribas Asset Management appoints senior sales manager for funds team
October 5, 2017--BNP Paribas Asset Management, the investment management arm of BNP Paribas, appointed Chris Hofmann as senior sales manager for German-speaking clients in ETF and indexed fund teams.
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EBA updated Risk Dashboard shows slight improvement of EU banks capital level but NPLs still affect their profitability
October 5, 2017--The European Banking Authority (EBA) published today a periodical update of its Risk Dashboard summarising the main risks and vulnerabilities in the EU banking sector through a set of Risk Indicators in Q2 2017.
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Investoo Group Acquires RoboAdvisors.Com In Bid To Revolutionise Portfolio Management Industry
October 5, 2017--Acquisition of robo advisor comparison site is latest in string of high-profile additions to the London-based firm.
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Boerse Stuttgart generates turnover in excess of EUR 5.5 billion in September
October 5, 2017--Equity trading volumes considerably higher than in 2016
According to its order book statistics, Boerse Stuttgart generated turnover of more than EUR 5.5 billion in September 2017.
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ECB-Account of the monetary policy meeting
October 5, 2017--Account of the monetary policy meeting of the Governing Council of the European Central Bank, held in Frankfurt am Main on Wednesday and Thursday, 6-7 September 2017
1. Review of financial, economic and monetary developments and policy options
Financial market developments
Mr Cœuré reviewed the latest financial market developments.
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WGC-Market Update: German investment market
October 5, 2017--Germany's gold investment market has boomed in the past 10 years. In the face of successive financial crises and loose monetary policy, German investors turned to gold to protect their wealth.
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New ETF Listing on Euronext-LYXOR SP 500 VIX
October 4, 2017--Euronext is pleased to announce that LYXOR INTERNATIONAL AM will list 1 new ETF on 06/10/2017:
ISIN: LU0832435464
ETF Trading name: LYXOR SP 500 VIX
ETF Symbol: LVX
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Ultumus-ETF DNA-Europe ETF Market Summary September 2017
October 4, 2017--September 2017 saw European net inflows of US$ 8.0 Bn.
At the end of September 2017 there were 2,454 products domiciled in Europe across 2,972 share classes, with assets of $733.9 Bn from 47 product issuers and 70 index providers.
Assets increased by $18.1 Bn (or 2.5%) in September, with net inflows of $8.0 Bn.
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National Statistics: UK official holdings of international reserves: September 2017
October 4, 2017--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets. These consist of gold, foreign currency assets and International Monetary Fund assets.
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Dark Trading Could Triple in Europe Under New Market Rules
October 4, 2017--Trading volumes will flow to bank-run systematic internalizers
XTX co-CEO sees dark trading rising to 30% from 10% of market
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ESMA publishes latest updates to MiFIDII/MiFIR investor protection Q&As
October 3, 2017--The European Securities and Markets Authority (ESMA) has added 12 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).
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New EDHEC study of private infrastructure debt shows that defining 'infrastructure' correctly pays off for investors
October 3, 2017--A new paper analysing the characteristics of the EDHEC Infrastructure Institute private debt index shows that private infrastructure debt only delivers better risk-adjusted returns than corporate debt when it is narrowly and correctly defined.
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First Crypto ETF is to Launch a pre-ICO before Embarking on a Full Coin Sale
October 3, 2017--First Crypto ETF is to launch a pre-ICO before embarking on a full coin sale. This is the first ETF in the crypto-currency world, with First Crypto ETF be buying 10 cryptocurrencies with high liquidity and daily trading volumes.
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Invesco PowerShares lists preferred shares ETF in Europe
October 3, 2017--OCF of 0.50%
The ETF will be managed by Jeff Kernagis, senior portfolio manager at Invesco Powershares.
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Fidelity International reshapes cost model as active managers face rising pressure
October 3, 2017--Fidelity International, the £233.4bn asset manager, has radically overhauled its charging model by cutting ongoing fees and introducing a performance fee model, as active fund managers come under pressure to justify their charges.
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Lipper-Monday Morning Memo: A call for more transparency in the European mutual funds industry
October 2, 2017--Even though investors and regulators want to know as many details as possible about the holdings of the mutual funds they own, the fund industry-especially in Europe-tries to hold back as much information as possible.
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ESMA updates its EMIR and CSDR Q&As
October 2, 2017--The European Securities and Markets Authority (ESMA) has today updated two of its guidelines regarding two pieces of post-trading regulation.
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Mifid II set to slash analyst jobs and shake up the economics of broker research, according to a new report
October 2, 2017--The much maligned second Markets in Financial Instruments Directive (Mifid II), which aims to make fund managers pay brokers separately for research and trading services rather than bundling costs together, is set to cause a drastic shift in the industry according to new research.
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The trading volume on the Spanish stock market reached €42.3 billion in September, in line with 2016 2 October, 2017
October 2, 2017--Trading volume grows 25.7% from August
In the first nine months of the year trading volume totalled €493 billion
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Goldman Sachs Investment Unit to Pay for Research Under MiFID II
October 2, 2017--Goldman Sachs Asset Management has joined the list of firms planning to absorb the cost of third-party research after the new European Union MiFID II regulations come into force in January.
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New market data feed provides access to all Irish Stock Exchange order book equity data
October 2, 2017-Deutsche Börse is offering the new market data feed CEF ultra+ Irish Stock Exchange Order by Order from October 2017.
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Turnover at Deutsche Borse's cash markets at 117.7 billion euros in September
October 2, 2017--Order book turnover on Deutsche Börse cash markets totalled €117.7 billion in September (September 2016: €109.1 billion). Of the €117.7 billion, €107.3 billion were attributable to Xetra (September 2016: €100.8 billion) and €3.4 billion to Börse Frankfurt (September 2016: €3.3 billion).
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Key figures SIX Swiss Exchange: September 2017
October 2, 2017--Trading turnover in the year to date: CHF 1.021.7 trillion (+7.1% year-on-year)
Number of trades 38,319,606 (+7.7% year-on-year)
Average daily trading turnover of CHF 5.4 billion in the year to date
Change to regulations brings SMI(R) into line with UCITS directives
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ESMA updates Q&A on MAR
September 29, 2017--The European Securities and Markets Authority (ESMA) has updated its Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR).
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ESMA updates Q&As on the Benchmarks Regulation
September 29, 2017--The European Securities and Markets Authority (ESMA) has published updated Questions and Answers (Q&As) regarding the implementation of the Benchmarks Regulation (BMR).
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ESMA finalises MiFID II's derivatives trading obligation
September 29, 2017--The European Securities and Markets Authority (ESMA) has issued today its final draft Regulatory Technical Standard (RTS) implementing the trading obligation for derivatives under the Markets in Financial Instruments Regulation (MiFIR).
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ESMA publishes guidelines on suitability assessment for management body of market operators and data reporting service providers
September 28, 2017--The European Securities and Markets Authority (ESMA) has published its Guidelines for the management body of market operators and data reporting services providers.
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ESMA and NCAs agree work plan on MiFID II pre-trade transparency waivers and position limits
September 28, 2017--The European Securities and Markets Authority (ESMA), together with the national competent authorities (NCAs), have today published an updated work plan for the opinions on pre-trade transparency waivers and position limits that must be issued under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).
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TOBAM continues rapid growth with new strategic senior hire
September 28, 2017--Frédéric Jamet joins TOBAM as Managing Director, Head of Trading and co-Head of Research
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London Stock Exchange Welcomes Franklin Templeton's First ETFs In Europe
September 27, 2017--Franklin Templeton launches first range of smart beta ETFs
iFranklin Templeton launches first range of smart beta ETFs in Europe
27 dedicated ETP issuers now active on London Stock Exchange
More than £163 billion of on-exchange trading in ETPs on London Stock Exchange in first half of 2017
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IHS Markit and MSCI to Provide Regulation-Ready Liquidity Risk Management Solution
September 27, 2017--Best-in-class solution joins award-winning market data and analytics to classify asset and portfolio liquidity in line with SEC rules
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ESMA publishes opinion on CMVM's MAR accepted market practice on liquidity contracts
September 27, 2017--The European Securities and Markets Authority (ESMA) has published an opinion on the accepted market practice (AMP) notified by the Comissão do mercado de valores mobiliários (CMVM) of Portugal, which replaces the AMP under the Market Abuse Directive established on August 2008.
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BME creates IBEX 35(R) options-based strategy and volatility index series
September 27, 2017--BME has created a series of indices based on IBEX 35(R) options that complete the IBEX(R) index family. The main objective of these new indices is to measure the implied volatility of the market and offer certain investment strategies based on derivative products.
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New ETF Listing on Euronext-LYXOR SG JAPAN QI
September 26, 2017--Euronext is pleased to announce that LYXOR INTERNATIONAL AM will list 1 new ETF on 28/09/2017:
ISIN: LU1662633525
ETF Trading name: LYXOR SG JAPAN QI
ETF Symbol: SGQJ
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EBA and ESMA publish guidelines on suitability assessment for management body members and key function holders
September 26, 2017--The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published their joint Guidelines to assess the suitability of members of management bodies and key function holders.
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Four new BNP Paribas equity index ETFs launched on Xetra
September 26, 2017--Two of the three smart beta ETFs enable investors to participate in the performance of high-dividend companies domiciled in Europe or the USA. The BNP Paribas Easy Equity Value US UCITS ETF provides access to US companies that have a low price-to-book ratio and thus appear undervalued based on their fundamentals.
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J.P. Morgan Asset Management arm hires seniors to expands ETF business
September 26, 2017--The asset management arm of JPMorgan Chase and Co said it appointed ex-Deutsche Bank executive John Adu as the UK head of exchange-traded fund (ETF) distribution.
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First Cleared RFQ Inflation Swap Trade Executed on Tradeweb
September 25, 2017--Tradeweb Markets, a leading global provider of fixed income, derivatives and ETF marketplaces, announced that the first cleared inflation swap transaction using in-competition request-for-quote (RFQ) protocol was executed on its [European] Interest Rate Swap (IRS) platform.
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Dragan Radanovic appointed Member of the Management Board at Boerse Stuttgart
September 25, 2017--Supervisory Board fills vacant position on management boards of Boerse Stuttgart GmbH and EUWAX AG
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Lipper Monday Morning Memo: European Investors Shy Away From Equities over August 2017
September 25, 2017--August was the eighth consecutive month showing a positive picture for long-term mutual funds. European fund promoters enjoyed net inflows into bond funds (+€21.3 bn), followed by mixed-asset funds (+€8.2 bn), and alternative UCITS funds (+€2.1 bn).
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Theresa May urges EU to retain trade terms for two years after Brexit
September 22, 2017--PM Theresa May has said there should be a transition period of "about" two years after Brexit, during which trade should continue on current terms.
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New ETF Listing on Euronext-BNPP EMEHETF
September 22, 2017--Euronext is pleased to announce that BNP PARIBAS EASY will list 1 new ETF on 26/09/2017:
ISIN: LU1547516291
ETF Trading name: BNPP EMEHETF
ETF Symbol: EMEH
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FTSE Russell and State Bank of India launch Indian bond index series
September 22, 2017--FTSE SBI Bond Index Series launched
Provides investors with tools to analyse India's domestic government bond market
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ECB to publish new unsecured overnight interest rate
September 21, 2017--Overnight benchmark interest rates important for financial markets and monetary policy implementation
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New Working Group on a Risk-Free Reference Rate for the Euro Area
September 21, 2017--Today, the Financial Services and Markets Authority (FSMA), the European Securities and Markets Authority (ESMA), the European Central Bank (ECB) and the European Commission announce the launch of a new working group tasked with the identification and adoption of a risk-free overnight rate which can serve as a basis for an alternative to current benchmarks used in a variety of financial instruments and contracts in the euro area.
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IMF Staff Country Reports-France: Selected Issues
September 21, 2017--The government's planned tax reforms are an important opportunity to make capital taxation in France more efficient and growth friendly. The current system is characterized by a range of distortions and inefficiencies.
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ESAs highlight main risks for the EU financial system
September 21, 2017--The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) published today its Autumn 2017 Report on risks and vulnerabilities in the European Union's financial system.
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FCA publishes findings from the Ageing Population Project
September 21, 2017--The Financial Conduct Authority (FCA) has today published an Occasional Paper outlining the findings from a project that explored how the ageing population would impact the Financial Services industry.
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EC-Creating a stronger and more integrated European financial supervision for the Capital Markets Union
September 20, 2017--European consumers, investors and businesses will benefit from stronger and more integrated financial markets, thanks to plans by the Commission to reform the EU's supervisory architecture.
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Lyxor adds accumulating share classes for European Stoxx ETFs
September 20, 2017--Lyxor has added three new euro-denominated, accumulating share classes for ETFs listed on Deutsche Börse's Xetra and Frankfurt exchanges.
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Asset managers forced by UK to disclose pension transaction costs
September 20, 2017--Firms managing money on behalf of millions of UK workplace pension savers are to be forced to disclose hidden charges which erode retirement returns, under new measures unveiled by the country's financial regulator.
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Official Statistics: Forecasts for the UK economy: September 2017
September 20, 2017--Forecasts for the UK economy is a monthly comparison of independent forecasts.
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State of the Union 2017-Cybersecurity: Commission scales up EU's response to cyber-attacks
September 19, 2017--On 13 September, in his annual State of the Union Address, President Jean-Claude Juncker stated: "In the past three years, we have made progress in keeping Europeans safe online. But Europe is still not well equipped when it comes to cyber-attacks. This is why, today, the Commission is proposing new tools, including a European Cybersecurity Agency, to help defend us against such attacks."
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Three new Lyxor equity index ETFs on European companies launched on Xetra
September 19, 2017--Three new exchange traded funds (ETFs) issued by Lyxor have been tradable on Xetra and Börse Frankfurt since Tuesday.
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Drei neue Aktienindex-ETFs auf europäische Unternehmen von Lyxor auf Xetra gestartet
September 19, 2017--ETFs bieten Zugang zu den größten Unternehmen der Eurozone sowie denliquidesten Unternehmen Europas
Seit Dienstag sind drei neue Exchange Traded Funds (ETFs) des Emittenten Lyxor öber Xetra und Börse Frankfurt handelbar.
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Solactive appoints new chief risk officer
September 19, 2017--German index provider Solactive has appointed Christian Vollmuth as chief risk officer.
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Clearstream monthly report: Fund inflows recover as political instability eases
September 19, 2017--The funds industry is back on track, after quite some time of reduced inflows into UCITS and alternative investment funds (AIFs). Following the Brexit vote and the U.S. presidential election, financial markets witnessed marked volatility, resulting in reduced investment inflows.
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Hedge funds run by women outperforming those run by men, shows new data
September 18, 2017--An index measuring the performance of hedge funds run by women dramatically outperformed a gauge for a broader range of funds during the first half of the year, data has revealed.
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Lipper Monday Morning Memo: Review of the European ETF Market, August 2017
September 18, 2017--The promoters of ETFs enjoyed net inflows for August. The assets under management in the European ETF industry (€582.6 bn) increased for August, up from €581.1 bn at the end of July. The increase of €1.4 bn for August was driven by net new sales (+€3.1 bn), while the performance of the underlying markets and currencies contributed a negative €1.7 bn to the assets under management in the ETF segment.
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Deutsche Boerse combines selected Eurex products in low-cost data package for private investors
September 18, 2017--Data for Mini-DAX futures, STOXX Europe 600 derivatives and important equity options free of charge until end of the year.
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New composition of STOXX Global ESG Leaders index family
September 18, 2017--Regular annual review effective as of Sep. 18, 2017
STOXX Ltd., the operator of Deutsche Boerse Group's index business, and a global provider of innovative and tradable index concepts, announced the results of the annual review of the STOXX Global ESG Leaders Index.
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