News Centre
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Update On Oslo Cash And Derivatives Markets Migration
Date 30/10/2020
In preparation for the migration of Oslo Cash and Derivatives markets to the Optiq IT trading platform, Euronext is currently performing full end to end testing with its clients and clearing counterparts. The dress rehearsal will proceed this week-end as planned. Some clients have indicated to us the need to perform further changes in their systems to get prepared for the upcoming migration (initially planned on 9 November). Furthermore, for operational risk reasons some clients have expressed a preference to postpone these potential changes until after the US presidential elections.
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BIS: FX Execution Algorithms Contribute To Market Functioning But Bring New Challenges
Date 30/10/2020
- Execution algorithms (EAs) - designed to buy or sell foreign exchange according to a set of user instructions - have contributed positively to FX market functioning.
- As EAs change the way market participants access the FX market and how trades are executed, they also give rise to new challenges.
- Central banks and market participants must have access to the necessary data, skills and tools to allow them to assess the opportunities and risks of evolving markets.
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EBA: Consultation Paper On Draft Guidelines On Sound Remuneration Policies Under Directive 2013/36/EU (EBA/CP/2020/24)
Date 30/10/2020
The European Banking Authority (EBA) launched today a public consultation on revised Guidelines on sound remuneration policies. This review takes into account the amendments introduced by the fifth Capital Requirements Directive (CRD V) in relation to institutions’ sound remuneration policies and in particular the requirement that those remuneration policies should be gender neutral. The consultation runs until 29 January
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FIA Announces Fintech Startups Chosen For Sixth Annual Innovators Pavilion
Date 30/10/2020
FIA today announced that nine companies have been chosen to exhibit in the FIA Innovators Pavilion at the 36th Annual Futures and Options Expo, which will take place in a virtual online environment on November 10-12.
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Nigerian Stock Exchange Weekly Market Report For October 30th 2020
Date 30/10/2020
It was a four-day trading week as the Federal Government of Nigeria declared Thursday, 29th October as a public holiday to commemorate Eid-el-Maulud.
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UBS MTF Market Notice: Promotional Pricing On Periodic Auction Order Book
Date 30/10/2020
UBS MTF would like to announce a pricing promotion.
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Smile Curve Changes As Securities Value Chain Evolves, By Kelvin To, Founder And President Of Data Boiler Technologies
Date 30/10/2020
Smile curve is a graphical depiction of an industry’s value chain. The beginning (the rarely found strategies/ engineering skills/ intellectual properties) and the tail-end (multi-facets fulfillment/ services/ user experience) are supposed to command the highest values-added than the middle part (assembly/ matching/ intermediate). A healthy industry should have the curve in a U-shape (i.e. respective constituents are able to earn profits in accordance to values they contributed). Unfortunately, our capital markets’ smile curve has turned into a frown, an upside down U-Shape.
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Federal Reserve Board Adjusts Terms Of Main Street Lending Program To Better Target Support To Smaller Businesses That Employ Millions Of Workers And Are Facing Continued Revenue Shortfalls Due To The Pandemic
Date 30/10/2020
The Federal Reserve Board on Friday adjusted the terms of the Main Street Lending Program in two important ways to better target support to smaller businesses that employ millions of workers and are facing continued revenue shortfalls due to the pandemic. In particular, the minimum loan size for three Main Street facilities available to for-profit and non-profit borrowers has been reduced from $250,000 to $100,000 and the fees have been adjusted to encourage the provision of these smaller loans. The Board and Department of the Treasury also issued a new frequently asked question clarifying that Paycheck Protection Program loans of up to $2 million may be excluded for purposes of determining the maximum loan size under the Main Street Lending Program, if certain requirements are met, which should also help smaller businesses access Main Street loans.
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Moscow Exchange: Risk Parameters Change For The Security TWTR-RM
Date 30/10/2020
As per the Securities market risk parameters methodology, on 30.10.2020, 16-54 (MSK) the lower bound of the price band (up to 3096) and initial margins (up to 36 %) for the security TWTR-RM were changed. New values are available here
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MIAX Exchange Group - Options And Equities Markets - Daylight Saving Time - November 2020
Date 30/10/2020
Please be advised the MIAX Exchanges are scheduled to end Daylight Saving Time at 2:00 AM on Sunday, November 01, 2020. The MIAX will adjust the system times back 1 hour for trading beginning Monday, November 02, 2020.
