Virtual Shareholder Meeting (VSM) adoption is up sharply through the first six months of 2018. Broadridge recently facilitated its 1,000th VSM at Balchem Corporation’s annual shareholder meeting. Companies are increasingly leveraging technology to provide new ways to engage with shareholders. The virtual shareholder meeting is a key part of providing greater access and opportunity for shareholders, across the country and the world, to participate in a company’s shareholder meeting. No longer does a shareholder have to travel distances or incur costs to hear from management...

Thomson Reuters continues the expansion of its Connected Risk software platform with the launch of Compliance Management, a new solution designed to help risk and compliance professionals demonstrate strong governance and sound internal controls in the face of intense, enterprise-wide regulatory scrutiny. Compliance Management provides a tech-enabled compliance framework capable of meeting today’s pressing challenges by bringing processes together in a centralized location to help organizations streamline, execute, and monitor their regulatory and compliance programs. The...

Nasdaq, Inc. announced a new contract to deliver its clearing and real-time risk management technology via the Nasdaq Financial Framework to SIX, one of Europe’s leading providers of clearing services. The technology will power SIX’s clearing of pan-European equities and Nordic derivatives. Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe,...

For Immediate Release Contact: Diana Leach Exegy, Inc. 1 314 218 3622 This email address is being protected from spambots. You need JavaScript enabled to view it.   Exegy and FIF Relaunch MarketDataPeaks.com with New Metrics for Capacity Planning   ST LOUIS – 9 July 2018 – Exegy Inc., a leading provider of managed services and low-latency technology for market data normalization and distribution and the Financial Information Forum (FIF) announced today the relaunch of MarketDataPeaks.com which reports peak rates for real-time market data...

JP Morgan has gone live with LCH CDSClear, being the first US investment bank to offer client clearing of credit default swaps (CDS) with the service, according to a story in Reuters news. The move means Swedish pension fund AMF is now clearing European and US credit default swaps through LCH CDSClear with JP Morgan as its clearing broker. The London Stock Exchange Group’s clearinghouse LCH began offering client clearing in 2017 and it is the currently the only European central counterparty (CCP) to offer clearing of both European and US indices and single name constituents. Major...

Cboe Global Markets, Inc. announced plans to establish a new venue in Amsterdam to ensure the company is well-positioned to continue to serve its customers across Europe on April 2019, after the UK's planned exit from the European Union (EU). Cboe Europe has filed its application with the Dutch Authority for the Financial Markets (AFM) to establish a MiFID II compliant equities trading venue and Approved Publication Arrangement (APA) in the Netherlands to continue to service its EU customer base. Cboe will continue to operate its existing Recognized Investment Exchange (RIE) in the UK....

UBS has digitally “cloned” one of its top staff members, allowing clients to get financial advice without the need to speak to a real-life banker. The investment bank is experimenting with the use of a lifelike avatar of Daniel Kalt, its chief investment officer for Switzerland. The computer-generated image of Mr Kalt greets clients on screen and can talk customers through the bank’s latest research as well as answer queries. Another digital assistant called Fin is also available to carry out transactions. The new service, called UBS Companion is driven by artificial...

Societe Generale announced that it has reached an agreement to acquire Commerzbank’s Equity Markets and Commodities business (EMC), a European manufacturer, distributor and market maker of structured and flow products, as well as asset management solutions. The activities in the scope of this transaction are based in Frankfurt, London, Hong Kong, Paris, Luxembourg and Zurich. The transaction excludes the Cash Equity brokerage and commodities hedging businesses of Commerzbank. The transaction is subject to pre-clearance with competent tax authorities, approval by further relevant...

Cboe Global Markets, Inc. is celebrating the 35th anniversary of Cboe’s S&P 500 Index options (SPXSM), the most actively traded index option in the U.S. Thirty-five years ago, Cboe revolutionized the financial world with the introduction of options on broad-based stock indexes. On July 1, 1983, just 10 years after creating the listed options market, Cboe launched SPX options with posted volume of 350 contracts -- a sharp contrast with current-day volume of nearly 1.5 million contracts per day. SPX options trading during the first half of 2018 experienced the most volume ever for...