News Centre

BOX Options Market: Trade Management System For Clearing Operations

Date 29/11/2022

Beginning December 5, 2022, BOX Options Market LLC (“BOX”) will offer BOX’s Trade Management System (“TMS”) application to Participants. The TMS will allow Participants to perform post-trade clearing operations and create and maintain Give-Ups in real-time. Additionally, BOX will assess Participants a TMS subscription fee of $350 per month, per user.

US Treasury Announces Guidance On Inflation Reduction Act’s Strong Labor Protections - Guidance Starts 60-Day “Clock” For Key Labor Provisions To Take Effect

Date 29/11/2022

Today, the Treasury Department announced initial guidance on the Inflation Reduction Act’s strong labor standards that firms must meet to qualify for enhanced clean energy and climate tax incentives. The guidance, which can be read in full here and will be published in the Federal Register tomorrow, is an important first step toward making sure the Inflation Reduction Act supports good-paying jobs in the clean energy industry, expands workforce training pathways into these jobs, and lowers costs for American families.

FRTB IMA DRC And The 3 Basis Point Floor

Date 29/11/2022

As part of the default risk charge (DRC) in the internal models approach (IMA) within the Fundamental Review of the Trading Book (FRTB), the Basel Committee on Banking Supervision (BCBS) has set a floor of 3 basis points (bp) for the probability of default (PD) of any entity. This input floor applies to all entities and primarily impacts the highest rated AAA sovereigns.

US Office Of The Comptroller Of The Currency Revises Civil Money Penalty Manual

Date 29/11/2022

The Office of the Comptroller of the Currency (OCC) today announced revisions to its civil money penalty (CMP) manual which the agency will begin using on January 1, 2023.

Federal Reserve Board Announces Annual Indexing Of Reserve Requirement Exemption Amount And Low Reserve Tranche For 2023

Date 29/11/2022

The Federal Reserve Board on Tuesday announced technical details related to reserve requirements for depository institutions. The annual indexation and publication of these amounts are required by law and does not indicate a change in depository institutions' reserve requirements, which will remain zero.

TEXPERS: Texas Public Employee Pension Funds Set Record in Achieving 2021 Legislature’s More Stringent

Date 29/11/2022

More Texas state and local pension funds combined in 2021-22 to meet or exceed greater expectations established by Texas Legislature in 2021, according to a trend analysis of aggregate amortization periods performed by the Texas Association of Public Employee Retirement Systems.

CFTC Commissioner Goldsmith Romero To Deliver Keynote Address At The Futures Industry Association Asia Derivatives Conferenc

Date 29/11/2022

ISDA: Interest Rate Derivatives Trading Activity Reported In EU, UK And US Markets: Third Quarter Of 2022

Date 29/11/2022

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs).

Finansinspektionen Analysis No. 37: Stress Tests Of Funds’ Liquidity Risks

Date 29/11/2022

FI’s stress tests show that the majority of Swedish funds appear to be able to handle relatively large outflows in an effective manner. However, some corporate bond funds and a relatively large share of high-yield bond funds may experience liquidity problems under stressed market conditions.

Leading Forex And CFDs Broker FP Markets Increases Its Forex Offering In Africa, LATAM & Asia

Date 29/11/2022

New Exotic Currency Pairs are now available through the FP Markets' MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.