The European Securities and Markets Authority (ESMA) has issued today regulatory technical standards (RTS) specifying the scope of the consolidated tape for bonds, structured finance products, emission allowances and derivatives.
The Depository Trust & Clearing Corporation (DTCC) reports that its Omgeo ALERT (ALERT) solution, a global repository for storing standing settlement instruction (SSI) data, has completed enhancements to become the industry’s single and centralised ‘SSI Utility.’ With 6.6 million settlement instructions as of year-end 2016, an increase of 15% over 2015, DTCC remains committed to driving the industry towards automating and replacing onerous, manual processes.
On the day that the United Kingdom of Great Britain and Northern Ireland finally triggered Article 50, the first step in its departure from the European Union, the EU Commission formally informed Deutsche Börse AG and the London Stock Exchange Group plc that it has decided to prohibit the planned merger of the two companies in spite of the remedial measures offered by both companies.
Take a look at the plans for an intriguing new project in the historic market town of Stony Stratford (featured in Withnail and I and the Shakespeare play about the princes in the tower): http://www.crowdfunder.co.uk/stony-beer-bear-bottle-shop-and-micro-pub?tk=2ca4526ab3d40f6f78a78573747222fdfdacd8ec
They are 58% of the way to their crowdfunder target with 17 days left.
Franzi, the main driving force behind the plans, says: Stony Beer Bear is a craft beer bottle shop and micro pub, opening in North West Milton Keynes in April 2017. We currently anticipate to stock bottles from about 20 local and further 40 national breweries with a heavy emphasis on beers from London and Bristol. The shop will also have five taps and 20 seats, so you can drink in and take away.
The total global trading volume of depositary receipts (DRs) - negotiable financial instruments issued by a bank to represent a foreign company's publicly traded securities - reached US$152.1bn, and $2.9 trillion in traded value in 2016 according to The 2016 Depositary Receipt Market Review, released today by BNY Mellon.
New figures from the Guernsey Financial Services Commission (GFSC) show that the net asset value of funds under management and administration in the island grew by £6.5bn (2.6%) during the fourth quarter of 2016.