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NGX Holds Inaugural Capital Markets Conference As Vice-President, Others Laud Digitization Efforts

Date 30/11/2021

Nigerian Exchange Limited (NGX) has, at the maiden edition of the capital markets conference, called for increased collaboration among key players in the nation’s economy towards driving productive investments that would accelerate an elevated and digitized capital market.

Federal Reserve Independence: Foundations And Responsibilities, Vice Chair Richard H. Clarida, At The Federal Reserve Bank Of Cleveland, Cleveland, Ohio (Via Livestream)

Date 30/11/2021

The COVID-19 pandemic and the mitigation efforts put in place to contain it delivered the most severe blow to the U.S. and global economies since the Great Depression.1 Gross domestic product (GDP) collapsed at a nearly 33 percent annual rate in the second quarter of 2020. More than 22 million jobs were lost in just the first two months of the crisis, and the unemployment rate rose from a 50-year low of 3.5 percent in February to a postwar peak of almost 15 percent in April 2020. A precipitous decline in aggregate demand pummeled the consumer price level. The resulting disruptions to economic activity significantly tightened financial conditions and impaired the flow of credit to U.S. households and businesses.

MIAX And SIG Index Licensing To Launch Capital Gains Tax Rate Futures On MGEX - New Futures Aim To Help Investors Hedge Potential Changes In Capital Gains Tax Rates - Capital Gains Tax Futures Enhance Suite Of MIAX Products For Managing Tax Exposure

Date 30/11/2021

MIAX®, operator of high-performance securities exchanges and SIG Index Licensing, LLC (SIG Index Licensing) announced today the launch of cashsettled futures contracts on SIG Index Licensing’s U.S. Capital Gains Tax Rate Index (the Index). The new futures contracts will begin trading on Minneapolis Grain Exchange, LLC (MGEXTM) on December 6, 2021.

Market Data: A Lot Going On, Is It Going Anywhere? By Kelvin To, Founder And President Of Data Boiler Technologies

Date 30/11/2021

Market data reforms are taking many interesting turns globally. In the US, litigation between large exchange groups and the SEC continues. IEX plans to charge for market data starting in 2022. MEMX criticizes the CTA/CQ/UTP Plan’s fee amendments and cites that “it would undermine the important public policy goals of the infrastructure rule”. Then in Europe, the European Commission announced on November 25 as part of the Capital Markets Union (CMU) to amend the consolidated tape provision in MiFIR. In view of the diverging paths that the US and the EU are pursuing the Founder and President of Data Boiler, Kelvin To, will decipher what is happening and where the markets may be headed in this article.

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

Date 30/11/2021

As per the Securities market risk parameters methodology, on 30.11.2021, 19-32 (MSK) the lower bound of the price band (up to 1609) and initial margins (up to 16.25 %) for the security T-RM were changed. New values are available here

BIS: Insurance Core Principles - Executive Summary

Date 30/11/2021

The Insurance Core Principles (ICPs) provide a globally accepted framework of principles, standards and guidance for the regulation and supervision of the insurance sector. They were developed by the International Association of Insurance Supervisors (IAIS) and apply to its member jurisdictions regardless of the level of development and sophistication of their insurance markets and the type of insurance products or services supervised. Initially adopted in 2011 and amended four times (the most recent amendments coming in 2019) the ICPs contain 24 principles.

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

Date 30/11/2021

As per the Securities market risk parameters methodology, on 30.11.2021, 18-58 (MSK) the lower bound of the price band (up to 2984) and initial margins (up to 30 %) for the security TWTR-RM were changed. New values are available here

BIS: Stress Testing - Executive Summary

Date 30/11/2021

Stress tests are forward-looking exercises that aim to evaluate the impact of severe but plausible adverse scenarios on the resilience of financial firms. They involve the use of models and data at the firm or system-wide level and may rely on historical or hypothetical scenarios.

FSB Publishes Report On Good Practices For Crisis Management Groups

Date 30/11/2021

The FSB today published a report on good practices for Crisis Management Groups (CMGs). CMGs bring together the home and key host authorities that have a role in the resolution of a systemically important financial institution. The report sets out good practices that have helped CMGs to enhance preparedness for the management and resolution of a cross-border financial crisis affecting a Global Systemically Important Bank (G-SIB) consistent with the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions.

Nasdaq And AWS Partner To Transform Capital Markets

Date 30/11/2021

• Nasdaq Will Begin Migrating Markets to AWS Starting in 2022
• Co-Designed Edge Computing Solution Offers On-Ramp for Global Capital Markets to Migrate to AWS
• Nasdaq’s Primary Data Center Becomes First-Ever Private AWS Local Zone for Capital Markets