News Centre

ESAs Respond To The European Commission’s Rejection Of The Technical Standards On Registers Of Information Under The Digital Operational Resilience Act And Call For Swift Adoption

Date 15/10/2024

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today issued an Opinion on the European Commission’s (EC) rejection of the draft Implementing Technical Standards (ITS) on the registers of information under the Digital Operational Resilience Act (DORA). The ESAs raise concerns over the impacts and practicalities of the proposed EC changes to the draft ITS on the registers of information in relation to financial entities’ contractual arrangements with ICT third-party service providers.

BIS: CPMI Reports To G20 On Fast Payment System Interlinking And APIs Provide Insights And Recommendations To Enhance Cross-Border Payments

Date 15/10/2024

• CPMI publishes two reports offering insights into enhancing cross-border payments by facilitating the interlinking and interoperability of payment systems.
• Report on the interlinking of fast payment systems aims to support private and public stakeholders when deciding on the governance and oversight of these arrangements.
• Report on greater harmonisation of the use of application programming interfaces (APIs) sets out 10 key recommendations.

ESMA, ECB And EC Announce Next Steps For The Transition To T+1 Governance

Date 15/10/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, the European Commission and the European Central Bank announced today the next steps to support the preparations towards a transition to T+1.

FINMA - UBS Resolution Reporting: Recovery And Emergency Plans To Be Revised

Date 15/10/2024

UBS’s recovery and emergency plans will be revised due to the takeover of Credit Suisse. The Swiss Financial Market Supervisory Authority FINMA has suspended the annual approval of the recovery and emergency plans and determined that the integration of CS requires adjustments by UBS to ensure continued resolvability. FINMA expects UBS to further develop its resolution planning. In line with the TBTF Report of the Swiss Federal Council, amendements to legislation are necessary to provide authorities with more options to increase flexibility in case of a crisis.

ETFGI Reports Assets Invested In The Global ETFs Industry Reached A New Record High Of 14.46 Trillion US Dollars At The End Of September

Date 15/10/2024

ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reports assets invested in the Global ETFs industry reached a new record high of US$14.46 trillion at the end of September. During the month the global ETFs industry gathered US$164.74 billion in net inflows, bringing year to date net inflows to a record US$1.24 trillion, according to ETFGI's September 2024 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

ICE Reports Record Trading Activity Across Total Futures And Options With Record Volumes Across Global Energy Markets - Brent And Gasoil Reach New Volume Highs

Date 15/10/2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that its total futures and options markets reached record trading activity during Q3 2024 with 517 million contracts traded during the quarter, including a record 276 million energy futures and options.

DTCC Announces Industry Sandbox To Support And Advance The Digital Asset Ecosystem - DTCC Also Announces Results Of Proof-Of-Concept To Optimize Collateral Management Using Tokenization

Date 15/10/2024

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced DTCC Digital Launchpad, an industry sandbox intended to bring together financial market participants and clear the path to scalable adoption of digital assets. As an open ecosystem, DTCC Digital Launchpad will feature market participants, technology providers, and others working together to identify and collaborate on meaningful pilots that have a clear path to production.

Trading Technologies' Trade Surveillance, Regulatory Reporting And Compliance Solutions Ranked Among World's Best Risk Offerings In Chartis RiskTech100® 2025

Date 15/10/2024

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the firm has been recognized as one of the world's top risk and compliance technology providers in the Chartis RiskTech100® 2025 rankings. The report, released in conjunction with a virtual event on Oct. 9, highlighted TT as the fourth best new entrant among the 22 firms that debuted this year in the rankings.

Moscow Exchange: Concentration Limits Per Issuer On Securities Market

Date 15/10/2024

CCP NCC sets the following new concentration limit per issuer on Securities market from October 16-th, 2024:

Ben Hurley Appointed CEO Of Devexperts, Driving New Wave Of Innovation And Growth

Date 15/10/2024

Devexperts, a global software developer for the capital markets, has announced the appointment of Ben Hurley as its new Chief Executive Officer. This strategic move highlights the company’s commitment to a new phase of growth, building on years of evolution and development. It underscores a forward-looking vision for delivering tailored technology solutions to its global client base of financial institutions and brokerages.