News Centre

ISDA-Clarus RFR Adoption Indicator: October 2023

Date 14/11/2023

The ISDA-Clarus RFR Adoption Indicator fell to 59.9% in October 2023 compared to 60.3% in September 2023. The drop was driven by a decline in SOFR trading due to higher trading activity in the effective federal funds rate. The indicator tracks how much global trading activity (as measured by DV01) is conducted in cleared over-the-counter and exchange-traded interest rate derivatives (IRD) that reference risk-free rates (RFRs) in eight major currencies. On a traded notional basis, the percentage of RFR-linked IRD dropped to 55.0% of total IRD transacted in October 2023 compared to 58.3% the prior month.

Chang Yong Rhee Appointed To Chair The BIS Committee On The Global Financial System

Date 14/11/2023

• Chang Yong Rhee, Governor of the Bank of Korea, is appointed Chair of the Committee on the Global Financial System (CGFS) at the Bank for International Settlements (BIS).
• Mr Rhee's term is for three years from 1 November 2023

FSB Plenary Meets In Basel

Date 14/11/2023

The Financial Stability Board (FSB) Plenary met yesterday and today in Basel. Members discussed the outlook for global financial stability, including issues of particular relevance to emerging market and developing economies (EMDEs). Members also agreed the FSB’s work programme for 2024.

Moscow Exchange: Updated Constituents List For OFZ Zero Coupon Yield Curve To Come Into Force On 15 November 2023

Date 14/11/2023

On 15 November 2023, the following updated constituents list for OFZ Zero Coupon Yield Curve will come into force.

Moscow Exchange: Maintenance On The Money Market Test Environment

Date 14/11/2023

n 15 and 16 November 2023 we will be updating the Money market test environment (INETGKO_GATEWAY). Trading system could be temporarily unavailable during that period. All trades concluded on that day will be reset.
Read more on the Moscow Exchange: https://www.moex.com/n65352

Nasdaq Completes Migration Of The Third U.S. Market To AWS - The Nasdaq GEMX Migration Creates Enhanced Scalability, Flexibility, And Resiliency Of The Cloud Enabled Infrastructure While Delivering Up To A 10% Improvement In Latency

Date 14/11/2023

Nasdaq, Inc. (Nasdaq: NDAQ) today announced it has successfully completed the migration of the core trading system of Nasdaq GEMX, one of Nasdaq's six options exchanges, to Amazon Web Services (AWS). The new cloud-enabled market infrastructure, which uses AWS Outposts, delivers up to a 10% improvement in latency and the ability to more seamlessly adjust capacity in response to changing market conditions, ultimately delivering a better trading environment for market participants. GEMX processes 12 billion in daily messaging, 71% higher daily message volume than the MRX Options Exchange, which was migrated to AWS last year in December. 

CFTC Commissioner Mersinger To Participate In A Regulatory And Policy Roundtable At Georgetown University’s Psaros Center

Date 14/11/2023

Crypto Trading Software DXtrade Crypto Wins Benzinga Global Fintech Award

Date 14/11/2023

Devexperts, the provider of trading software solutions to financial firms, is announcing today it has won the Best Cryptocurrency Trading Software in this year’s Benzinga Global Fintech Awards. The award recognizes the Devexperts turnkey trading platform, which is specifically aimed at spot and margin crypto brokers and exchanges, DXtrade Crypto.

tradestatisticsview.com: Bafin Investigates Website Operator And Warns Consumers About Identity Theft

Date 14/11/2023

The Federal Financial Supervisory Authority (BaFin) warns consumers about the website tradestatisticsview.com. According to information available to BaFin, financial and investment services are being provided on this website without the required authorisation.

ACER Seeks Input To Review The European Gas Transmission Capacity Allocation Rules

Date 14/11/2023

The latest European Gas Regulatory Forum has  recently emphasised the importance of having gas market rules (also known as “network codes”) which can adequately reflect the evolution and decarbonisation of the European gas market, and prompted for the revision of the Capacity Allocation Mechanisms Network Code (CAM NC).