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BIS: Do Term Premiums Matter? Transmission Via Exchange Rate Dynamics

Date 27/10/2021

Focus

Using a small open economy model with long-term bonds, we ask whether term premia affect the inflation rate and the economy via the exchange rate. We focus in particular on the observation that uncovered interest rate parity holds better for long-term interest rate differentials. As term premia are the gap between long-term interest rates and the future path of short-term interest rates, this observation suggests that changes in term premia may influence the exchange rate and thus affect inflation and the real economy.

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

Date 27/10/2021

As per the Securities market risk parameters methodology, on 27.10.2021, 16-38 (MSK) the upper bound of the price band (up to 26116) and initial margins (up to 32.5 %) for the security SEDG-RM were changed. New values are available here

ACER Initiates The Procedure For A New Decision On The Definition Of System Operation Regions

Date 27/10/2021

Following the withdrawal of the ACER Decision No 08/2021 on the definition of system operation regions (SORs), ACER has initiated the procedure to adopt a new decision on the matter.

Introducing Nanos by Cboe, Smaller and Simpler Options Designed for Retail Traders

Date 27/10/2021

• Designed to make options trading more accessible for the retail trader
• Lower-price, simple tool for exploring options trading strategies
• Cash-settled (no delivery of physical shares) and European-style (no early exercise)
• Launching Nanos S&P 500 in first-quarter 2022, expanding S&P 500 Index options suite

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

Date 27/10/2021

As per the Securities market risk parameters methodology, on 27.10.2021, 16-47 (MSK) the upper bound of the price band (up to 16215) and initial margins (up to 21.25 %) for the security FFIV-RM were changed. New values are available here

BME: Latibex Welcomes EDP Brasil

Date 27/10/2021

• The Brazilian energy company will be the 19th to be listed on this international market for Latin American securities operated by BME

Supply Chain Challenges, Labor Shortages Continue To Drive Engineering And Construction Cost Increases, IHS Markit says - IHS Markit PEG Engineering And Construction Cost Index Recorded Rising Costs For The 12th Consecutive Month In October

Date 27/10/2021

Engineering and construction costs continued to rise in October, according to IHS Markit (NYSE: INFO) and the Procurement Executive Group (PEG). The October 2021 headline IHS Markit PEG Engineering and Construction Cost Index increased 8.6 index points to 74.2 from September, indicating price increases were more widespread in October than the month prior. The sub-index for materials and equipment costs rose to 77.4, while the subcontractor labor index registered at reading of 66.5 this month.

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

Date 27/10/2021

As per the Securities market risk parameters methodology, on 27.10.2021, 16-39 (MSK) the lower bound of the price band (up to 14656) and initial margins (up to 16.25 %) for the security V-RM were changed. New values are available here

DFM Company Posts Net Profit Of AED 38.1 Million In The First Nine Months Of 2021

Date 27/10/2021

H.E. Essa Kazim underlining key market performance indicators:

• The Market Capitalization up 15% to AED 392.2 billion and the General Index advanced 14.2%
• Net purchases of foreign investors amounted at AED 1.3 billion with 47.5% market share of trading value
• 3799 new investors joined the market, 66% of them are international investors
• Foreign institutions accounted for 81% of the 467 new institutions signed up this year
• Implementation of numerous strategic initiatives to diversify DFM’s product offering and enhance regulations
• The cancelation of minimum trading commission and extension of trading hours to streamline investment activities and strengthen DFM’s position as a gateway to diversified opportunities

Moscow Exchange Adds New Features On Money Market

Date 27/10/2021

On 25 October 2021, Moscow Exchange expanded opportunities for Money Market participants to enter into repo transactions with the CCP in international securities and clearing participation certificates, as well as direct repo transactions with the CCP.