News Centre

ISDA: New Frontier – IQ December 2021

Date 07/12/2021

The financial industry is about to collectively undergo something that’s never been tried before – the cancelling of a key benchmark that permeates all sectors of the financial market and has historically underpinned trillions of dollars of transactions. No one can say for sure what will happen on January 4 – the first London banking day after 30 LIBOR settings cease or become non-representative – but uncertainty and risk have been minimised to the extent possible by the years of work by the public and private sectors to create a comprehensive framework for transition.

Moscow Exchange: Risk Parameters Change For The Security CMG-RM

Date 07/12/2021

As per the Securities market risk parameters methodology, on 07.12.2021, 21-59 (MSK) the upper bound of the price band (up to 135585) and initial margins (up to 23.75 %) for the security CMG-RM were changed. New values are available here

Magdalena Andersson To Relinquish Her Duties As IMFC Chair

Date 07/12/2021

Magdalena Andersson, currently Prime Minister of Sweden and previously Minister for Finance, has indicated her intention to relinquish her duties as Chair of the IMF’s International Monetary and Financial Committee (IMFC) by end of December 2021.

Vienna Stock Exchange: Higher Free Float Factors For BAWAG, Erste Group And PORR, New Composition Of ATX Top Dividend

Date 07/12/2021

Wiener Börse today reviewed the calculation parameters for Austrian indices. For three companies a higher free float factor is announced, for the benchmark ATX Top Dividend a new composition. For BAWAG Group AG (ATX) the free float factor rises from 0.8 to 0.9 after US investor GoldenTree reduced its stake. For Erste Group Bank AG (ATX), the free float factor increases from 0.7 to 0.8 after the exit of the Spanish CaixaBank. For PORR AG (ATX Prime), the free float factor climbs from 0.4 to 0.5 as a result of the capital increase, in the course of which the syndicate was reduced. Thus, the mentioned companies’ index weighting will increase slightly. All changes will become effective on 20 December 2021. The next scheduled review of the ATX composition will take place in March 2022.

Moscow Exchange: Risk Parameters Change For The Security MRVL-RM - Update

Date 07/12/2021

As per the Securities market risk parameters methodology, on 07.12.2021, 20-55 (MSK) the upper bound of the price band (up to 7177) and initial margins (up to 27 %) for the security MRVL-RM were changed. New values are available here

Cboe Global Markets Announces Date Of Fourth-Quarter 2021 Earnings Release And Conference Call

Date 07/12/2021

Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today said it will announce its financial results for the fourth quarter of 2021 before the market opens on Friday, February 4, 2022. A conference call with remarks by the company's senior management will begin at 7:30 a.m. Central Time (CT), 8:30 a.m. Eastern Time (ET).

Moscow Exchange: Risk Parameters Change For The Securities NOW-RM And MKTX-RM

Date 07/12/2021

Please follow the links below to access the information:

Risk parameters change for the security NOW-RM
Risk parameters change for the security MKTX-RM

Resolution Report Marks 10 Years Since The Adoption Of The FSB’s Key Attributes Of Effective Resolution Regimes

Date 07/12/2021

The Financial Stability Board (FSB) today published its 2021 Resolution Report. This year’s report commemorates the tenth anniversary of the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions (“Key Attributes”) and takes stock of progress made in implementing FSB resolution policies and enhancing resolvability across the banking, financial market infrastructure, and insurance sectors. It also sets out the FSB’s priorities in the resolution area going forward.

SEC Staff Statement On LIBOR Transition—Key Considerations For Market Participants - Staff Of The U.S. Securities And Exchange Commission

Date 07/12/2021

This statement is being issued to remind investment professionals of their obligations when recommending LIBOR-linked securities and to remind companies and issuers of asset-backed securities of their disclosure obligations related to the LIBOR transition. This statement follows previous staff statements addressing various aspects of the forthcoming LIBOR transition.

FINRA Appoints Bill St. Louis Executive Vice President Of National Cause And Financial Crimes Detection Program

Date 07/12/2021

FINRA announced today that it has appointed Bill St. Louis to Executive Vice President and Head of its National Cause and Financial Crimes Detection Program (NCFC). St. Louis, currently Senior Vice President and Firm Group Leader in FINRA’s Member Supervision department, will begin his new role on December 13 and report to Greg Ruppert, Executive Vice President and Head of Member Supervision. St. Louis will succeed Ruppert, who previously led the NCFC.