Deutsche Börse has launched an index business in the US – a new market for its indices. This is a significant expansion of Deutsche Börse’s index business and comes at a time when an increasing number of institutional and private investors in the US are focusing on international indices. Deutsche Börse will begin licensing its index portfolios to US financial services firms to develop customized derivatives, structured products and exchange traded funds. Van Eck Associates is the first US customer to license the indices and will introduce a market vectors ETF tied to the performance of the DAXglobal Russia+ Index. This tracks the performance of the largest and most liquid American depository receipts (ADRs) and global depository receipts (GDRs) on Russian companies traded on various stock exchanges across the globe as well as index constituents represented by shares listed at the Moscow Interbank Currency Exchange (MICEX). The DAXglobal index family currently comprises, among others, the DAXglobal BRIC Index and the DAXglobal Asia Index.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more