News Centre

BNY Mellon And Pirum Launch New Collateral Optimization Service To Improve Profitability

Date 05/10/2022

BNY Mellon and Pirum today announced the launch of a joint optimization service to offer collateral providers margining, risk management and inventory management to drive improved risk-return outcomes. The solution, ECPOConnect, combines BNY Mellon’s industry leading collateral management service, ECPO, which optimizes more than $4 trillion in assets globally, with Pirum’s CollateralConnect platform, a SaaS based solution supporting front-to-back cross-asset margin, collateral and inventory management and optimization.

Monetary Policy: Past, Present And Future - Remarks By Mr Claudio Borio, Head Of The Monetary And Economic Department Of The BIS, At The Cato Institute's 40th Annual Monetary Conference, 8 September 2022

Date 05/10/2022

A single thread runs through the challenges monetary policy has faced over the past 40 years, those it is facing now and those that it may well face in the future: this is the changing nature of the business cycle.

Monetary Authority Of Singapore Launches ESG Impact Hub To Spur Growth Of ESG Ecosystem

Date 05/10/2022

The Monetary Authority of Singapore (MAS) today launched the ESG Impact Hub (the Hub) to spur co-location and collaboration between Environment, Social, Governance (ESG) FinTech start-ups and solution providers, financial institutions and real economy stakeholders. The Hub will also anchor industry-driven sustainability initiatives such the Point Carbon Zero Programme  and KPMG's ESG Business Foundry. Located at The Great Room at Afro-Asia, the launch was officiated by Mr Ravi Menon, Managing Director of MAS.

Borsa Istanbul - Uptick Rule Will Not Be Applied As Of 05/10/2022 Except For İş Gayrimenkul Yatırım Ortaklığı A.Ş. (ISGYO) And Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) Equities In The Equity Market

Date 05/10/2022

The uptick rule in the shares in which the short sell was allowed that are BIST 50 constituents, will not be applied as of 05/10/2022 except for İş Gayrimenkul Yatırım Ortaklığı A.Ş. (ISGYO) and Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) equities. It has been decided that in the aforementioned two equities (ISGYO, TSKB), the uptick rule will be applied until further notice. Please click for the related Announcement.

Sucden Financial Commences STIR Market Making

Date 05/10/2022

Sucden Financial, the multi-asset execution, clearing and liquidity provider, has announced it is now a market maker for ICE Futures Europe's short-term interest rate (STIR) options.

IPC Community Grows As Firm Joins SIX Swiss Exchange - IPC’s Connexus® Extranet Capabilities Offered Via SIX Swiss Exchange

Date 05/10/2022

IPC Systems, Inc., a leading global provider of secure, compliant communications and networking solutions for the global financial markets and SIX, which operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, today announced that IPC has become an approved Application Service Provider (ASP) for SIX Swiss Exchange, with Connexus® Extranet.

HKEX Names Chief Enterprise Architect

Date 05/10/2022

Hong Kong Exchange & Clearing Limited (HKEX) is today (Wednesday) pleased to announce that Mr Mark Carr has joined the Group as Managing Director and Chief Enterprise Architect.

Closure Of Bursa Malaysia In Conjunction With Maulidur Rasul

Date 05/10/2022

Bursa Malaysia and its subsidiaries will be closed on Monday, 10 October 2022 in lieu of Maulidur Rasul (Prophet Muhammad’s Birthday) which falls on Sunday, 9 October 2022. 

SETL Delivers Interoperable Tokens Framework For SWIFT, Clearstream And Global Custodians

Date 05/10/2022

SETL, the London based enterprise DLT and blockchain company, announced that it has successfully delivered an innovation pilot project for SWIFT which implemented a common framework linking tokenisation systems between CSD’s and global custodians. In a series of experiments, SETL, SWIFT, Clearstream, Northern Trust and other market participants explored the issuance, delivery versus payment (DVP), and redemption processes to support a frictionless and seamless tokenised asset market. The experiments used established forms of payment and central bank digital currencies (CBDCs).

SGX Orb Awards Winners Unveiled, With Eyes On Growing Collaboration In Asian Financial Markets

Date 05/10/2022

• Collaboration and partnerships strengthen Singapore’s position as global financial hub
• Fifth edition of awards part of SGX Group’s efforts to foster financial education and empower investors