Securities Services

SEPA: A payments patchwork

SEPA: A payments patchwork

An extended deadline for firms migrating to the Single Euro Payment Area should have made the move plain and simple. But with different countries retiring legacy systems at different times, the situation seems as complex as ever. Liz Salecka reports.

Interview: DIFC's Jeff Singer

Interview: DIFC's Jeff Singer

Jeff Singer, CEO of the Dubai International Financial Centre, tells Tim Burke about plans for growth and the innovations he believes would let the Middle East’s capital markets thrive.

Bridging the gap

Bridging the gap

Cross-border investment activity is fuelling the need for securities services across the EMEA region to meet challenges posed by varied regulation and tax regimes as well as weaker market infrastructure. By Liz Salecka.

Stock exchanges link up with new system

Stock exchanges link up with new system

  • SEE Link will develop a single order-routing platform for Bulgarian Stock Exchange, Macedonian Stock Exchange and Zagreb Stock Exchange.
     
  • Exchanges will provide €80,000 each to capitalise the business, while EBRD provides €540,000 grant.
     
  • “We believe this project will increase the visibility of our markets.” – Ivan Steriev, Macedonian Stock Exchange CEO.

 

Reforming Russia's markets

Reforming Russia's markets

As the merger between Russia’s Micex and RTS exchanges nears completion, their bosses believe the reform of the country’s financial markets has only just begun.