Markets in Financial Instruments Directive 2014

ESMA updates its guidance on product governance

Retrieved on: 
Tuesday, March 28, 2023
Markets in Financial Instruments Directive 2014, Medical device

Final Report on Guidelines on MiFID II product governance guidelines introduces:

Key Points: 
  • Final Report on Guidelines on MiFID II product governance guidelines introduces:
    - the specification of any sustainability-related objectives a product is compatible with;
    - the practice of identifying a target market per cluster of products instead of per individual product (“clustering approach”);
    - the determination of a compatible distribution strategy where a distributor considers that a more complex product can be distributed under non-advised sales;
    - the periodic review of products, including the application of the proportionality principle.
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First Quantum Announces Redemption of $400 Million Outstanding 2024 Notes

Retrieved on: 
Friday, March 17, 2023
DTC, Note, Markets in Financial Instruments Directive 2014, London Stock Exchange, Depository Trust & Clearing Corporation, SEC Rule 144A, Debt-to-GDP ratio, Cyprus Securities and Exchange Commission, II, Ontario Securities Commission, London, ISIN, TSX, CUSIP, News, Regulation, Legislation, Security (finance), EEA, EU

TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today announced that it intends to issue a notice of redemption on March 17, 2023 for its $400 million outstanding 6.500% Senior Notes due March 2024 (Rule 144A: ISIN US335934AP02; CUSIP 335934AP0; Reg S: ISIN USC3535CAH19; CUSIP C3535CAH1) (the “2024 Notes”) to be redeemed on March 28, 2023.

Key Points: 
  • TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today announced that it intends to issue a notice of redemption on March 17, 2023 for its $400 million outstanding 6.500% Senior Notes due March 2024 (Rule 144A: ISIN US335934AP02; CUSIP 335934AP0; Reg S: ISIN USC3535CAH19; CUSIP C3535CAH1) (the “2024 Notes”) to be redeemed on March 28, 2023.
  • As will be specified in the notice of redemption relating to the redemption of the 2024 Notes, the outstanding 2024 Notes to be redeemed will be redeemed in full at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest.
  • The information in this announcement does not constitute a notice of redemption of the 2024 Notes, or an offer (or a solicitation of an offer) to purchase or to sell the 2024 Notes or any other securities.
  • The Depositary Trust Company (“DTC”) shall inform its participants in accordance with its own rules and procedures.

OKYO Pharma Limited announces U.S.$5.74 million Global Private Placement and investment by directors and members of senior management

Retrieved on: 
Tuesday, March 14, 2023
European Union (Withdrawal) Act 2018, EEA, Person, Financial services, Prejudice, Markets in Financial Instruments Directive 2014, Finance, HarbourVest Global Private Equity, FCA, 1997 Constitution of Fiji: Chapter 3, Investment, Financial Services and Markets Act 2000, FSMA, Subscription business model, Disclaimer, EU

LONDON, March 14, 2023 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO; LSE: OKYO) ("OKYO" or the "Company"), an ophthalmology-focused bio-pharmaceutical company developing OK-101 to treat dry eye disease ("DED") to address the significant unmet need in this multi-billion-dollar market, is pleased to announce a "reasonable best efforts" offering of its American Depositary Shares ("ADSs") on the Nasdaq Capital Market (the "U.S. Offering") and a subscription for new ordinary shares of no par value (the "Ordinary Shares") (the "Subscription" and, together with the U.S. Offering, the "Global Private Placement").

Key Points: 
  • There will be no offer of New ADSs or Subscription Shares to the public in any EEA member state.
  • There will be no offer of New ADSs or Subscription Shares to the public in the UK.
  • The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Global Private Placement.
  • Each distributor is responsible for undertaking its own target market assessment in respect of the New ADSs and/or the Subscription Shares and determining appropriate distribution channels.

LiquidityBook Expands Proprietary FIX Network LBX Connect in Europe, Continues 2023 “EMEA in Focus” Initiative

Retrieved on: 
Wednesday, March 8, 2023
Street, Investment, FX, FIX, Connect, Tag Team (group), Markets in Financial Instruments Directive 2014, ALGO, Harman Connected Services, II, LBX, Documentation, Clearwater Analytics, Support, API, Intelligence, Video game

NEW YORK AND LONDON, March 08, 2023 (GLOBE NEWSWIRE) -- LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, today announced its plans to make continued investments to significantly expand LBX Connect, the firm’s proprietary managed FIX network, across Europe.

Key Points: 
  • NEW YORK AND LONDON, March 08, 2023 (GLOBE NEWSWIRE) -- LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, today announced its plans to make continued investments to significantly expand LBX Connect, the firm’s proprietary managed FIX network, across Europe.
  • LBX Connect is built around a flexible FIX gateway with multi-asset capabilities that include integrated, real-time risk controls, as well as post-trade capabilities supporting clearing and settlement.
  • LBX Connect enables LiquidityBook clients to leverage robust normalization logic to support different versions of FIX, including support for a raft of broker algo suites.
  • LiquidityBook has provided FIX connectivity services since our founding, and we have seen LBX Connect truly flourish under Sumit’s technical direction.”
    Today, more than 25% of LBX Connect destinations route to EMEA.

EQS-News: J.P. Morgan SE: IONOS Group SE Post-Stabilisation Notice - No Exercise of Greenshoe Option

Retrieved on: 
Friday, March 3, 2023
European, London, RNS, Markets in Financial Instruments Directive 2014, Financial Conduct Authority, EUR, Investment, London Stock Exchange, European Parliament, News, Finance, Financial services, Council, Prejudice, Sale, II, United Kingdom, Offering, Financial Services and Markets Act 2000, Person, Notice, US, Security (finance), EU

With reference to the Mid-stabilisation Period Announcement ("Notice") dated 24 February 2023, a correction is required with respect to the aggregate volume.

Key Points: 
  • With reference to the Mid-stabilisation Period Announcement ("Notice") dated 24 February 2023, a correction is required with respect to the aggregate volume.
  • The correct Aggregate Volume (EUR / shares) as of the date of the Notice was EUR 1,124,070.26 / 68,548.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
  • 03.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments

Retrieved on: 
Thursday, March 2, 2023
ESMA, European Securities and Markets Authority, CDR, RTS, Calendar, Register, XML, Markets in Financial Instruments Directive 2014, Security (finance), Medical device

ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments

Key Points: 
  • ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the results of the annual transparency calculations for equity and equity-like instruments, which will apply from 1 April 2023.
  • ESMA’s annual transparency calculations are based on the data provided to Financial Instruments Transparency System (FITRS) by trading venues and approved publication arrangements in relation to the calendar year 2022.
  • Next steps
    The transparency requirements based on the results of the annual transparency calculations published from 1 March 2023 for equity and equity-like instruments will apply from 1 April 2023 until 31 March 2024.
  • From 1 April 2024 the next annual transparency calculations for equity and equity-like instruments, to be published by 1 March 2024, will become applicable.

United and green: United Benefits Holding and Rhomberg ventures are launching “United Climate”, a full-service provider for ESG optimization

Retrieved on: 
Monday, February 27, 2023
Architecture, Finance, Consulting, Other Construction & Property, Alternative Energy, Banking, Residential Building & Real Estate, Energy, Accounting, Commercial Building & Real Estate, Professional Services, Construction & Property, Building Systems, Environment, 50/50 (2011 film), Carbon, Knowledge, Climate change, CSRD, Organization, COP21, Article, Corporate social responsibility, ESG, Market, Paris, IDD, Property technology, Corporate sustainability, Markets in Financial Instruments Directive 2014, Multimedia, CREE, CSR, Construction, Renewable energy, Cryptocurrency, Rhomberg

Hubert Rhomberg, CEO of Rhomberg ventures: “Regulatory requirements and the increasing demand among investors for sustainable projects are a veritable challenge for portfolio owners and new-build developers.

Key Points: 
  • Hubert Rhomberg, CEO of Rhomberg ventures: “Regulatory requirements and the increasing demand among investors for sustainable projects are a veritable challenge for portfolio owners and new-build developers.
  • We want to help these companies comprehensively optimize their real estate projects and manage ESG risks through our holistic approach and comprehensive ESG expertise.
  • Rhomberg ventures’ solutions include, in particular, the holistic CREE building concept for timber hybrid construction using prefabricated components.
  • Rhomberg ventures works closely with Rhomberg Group companies such as WoodRocks and Renowate.

Canadian Solar Renews its EUR 100 Million Note Program in the Spanish MARF to Support Project Development Growth

Retrieved on: 
Monday, February 27, 2023
MARF, Canadian Solar, United Nations Sustainable Development Group, International Capital Market Association, European, Council, ICMA, Acquisition, European Parliament, II, Green, Markets in Financial Instruments Directive 2014, Renewable energy, Security (finance), Sustainalytics, EU, Regulation

GUELPH, ON, Feb. 27, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announces that Canadian Solar EMEA Capital Markets, S.A.U.

Key Points: 
  • GUELPH, ON, Feb. 27, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announces that Canadian Solar EMEA Capital Markets, S.A.U.
  • ("Canadian Solar EMEA"), an indirectly wholly-owned subsidiary of Canadian Solar incorporated in Spain, registered on February 24, 2023 its € 100 million medium term note program in the MARF (a Spanish multilateral trading facility).
  • Any payment under the notes issued under the note program will be guaranteed by the Company.
  • The notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

EQS-News: Stabilisation Notice

Retrieved on: 
Saturday, February 25, 2023
Finance, Financial services, Council, News, London Stock Exchange, London, United Kingdom, European Parliament, Financial Services and Markets Act 2000, Investment, RNS, Financial Conduct Authority, Offering, Prejudice, II, Sale, Markets in Financial Instruments Directive 2014, European, Person, US, Security (finance), EU

No public offering of the securities discussed herein is being made in the United States.

Key Points: 
  • No public offering of the securities discussed herein is being made in the United States.
  • The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Offering.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
  • 24.02.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

kACE launches Order Management System for FX Options

Retrieved on: 
Wednesday, February 22, 2023
Pro, FX, OMS, Order management system, Markets in Financial Instruments Directive 2014, BGC, API, Windows App SDK, Product strategy, Senior, Gateway, Risk management, The Company, BGC Partners, Bank

LONDON, Feb. 22, 2023 /PRNewswire/ -- kACE, a division of Fenics Software Limited, an entity within the BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners," "BGC" or the "Company") group of companies, announced today the launch of kACE OMS, a key new module of its award-winning platform kACE Pro, that delivers an Order Management System ("OMS") for the FX options market.

Key Points: 
  • LONDON, Feb. 22, 2023 /PRNewswire/ -- kACE, a division of Fenics Software Limited, an entity within the BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners," "BGC" or the "Company") group of companies, announced today the launch of kACE OMS, a key new module of its award-winning platform kACE Pro, that delivers an Order Management System ("OMS") for the FX options market.
  • kACE OMS is unique in offering functionality FX options trading desks need to leverage internal and external liquidity, and risk management.
  • Launched with out-of-the-box connectivity to major trading venues of FX options and 16 liquidity providers, kACE OMS manages client orders through the quoting process and risk-offsetting workflow from multiple sources, including kACE Sales, e-commerce platforms, and third-party applications.
  • Tier one banks are now making their trading APIs more widely available to clients for FX options.