News Centre

Moscow Exchange: Risk Parameters On Securities Market

Date 01/12/2021

CCP NCC sets the following risk parameters on Securities market starting from 02.12.2021 :

BIS: Credit Constrained Firms And Government Subsidies: Evidence From A European Union Program

Date 01/12/2021

Summary

Focus

Globally, small and medium-sized enterprises (SMEs) have patchy access to finance. Due to the important economic role of these firms, especially as employers, governments subsidise and support SMEs generously. Research has shown that subsidies help SMEs to grow in size. However, it is not well understood if subsidies take effect by making credit more available, or by cutting the cost of funding. Moreover, it is also not obvious if a subsidy-led growth in assets will translate into higher sales, profitability or productivity. On the one hand, if a firm has good investment ideas but cannot obtain financing due to a short credit history (eg young firms) or the lack of collateral (eg small firms), then a subsidy can help it overcome a relevant constraint. On the other hand, if the firm has no worthwhile projects or is poorly managed, the credit constraint may simply reflect these other shortcomings, which subsidies may not help resolve.

SEC Updates List Of Firms Using Inaccurate Information To Solicit Investors

Date 01/12/2021

The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 82 soliciting entities, eight (8) impersonators of genuine firms, and one (1) bogus regulator.

NEO Exchange Launches "Canadian ETF Market" In Partnership With Trackinsight

Date 01/12/2021

BIS Board Extends Term For Chair Of The Consultative Council For The Americas Until 2023

Date 01/12/2021

• John Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York, is to continue as chair of the Consultative Council for the Americas
• Mr Williams' term will run until 8 January 2023
• The Consultative Council for the Americas comprises the Governors of BIS member central banks in the Americas

EBA Publishes Sample Of Banks Participating In The December 2021 Mandatory Basel III Monitoring Exercise

Date 01/12/2021

The European Banking Authority (EBA) publishes today the sample of banks for the mandatory Basel III monitoring exercise, which will refer to December 2021 data. The exercise is expected to be launched at the end of January 2022 and its results to be published at the end of September 2022.

EACH Responds To The CPMI-IOSCO Consultative Report "Application Of The Principles For Financial Market Infrastructures To Stablecoin Arrangements"

Date 01/12/2021

The European Association of CCP Clearing Houses (EACH) welcomes the opportunity to provide feedback to the CPMI-IOSCO consultative report "Application of the Principles for Financial Market Infrastructures to stablecoin arrangements". In summary, EACH Members:

Tourmaline Partners Hires Industry Veteran Brett Fischer As Managing Director - The Former Head Of JP Morgan’s Americas Electronic Equity Sales, Fischer Joins As Tourmaline Also Adds Two Key Operations Hires To Meet Increasing Industry Demand For Outsourced Trading Services

Date 01/12/2021

Tourmaline Partners, LLC, the world’s leading outsourced trading solutions firm, today announced multiple key new hires to further strengthen its team of global trading and operations experts. Brett Fischer has joined as Managing Director, supporting business development and strengthening relationships with existing clients. In addition, Michael Maloney has joined as a Director on the firm’s U.S. operations team, and Lavan Guruparan has joined as an Associate Director on Tourmaline’s Asia-Pacific (APAC) operations team.

Global Alliance Of Leading Financial Institutions, Investors And Businesses Come Together To Shape The Future Of ESG Data

Date 01/12/2021

Launched today, 'ESG Book' is a new central source for accessible and digital corporate sustainability information

• Available for all companies, investors, standard-setters and other stakeholders, ESG Book supports the Ten Principles of the UN Global Compact and is based on a mission to create ESG data as a public good.
• Over $100 trillion of assets under management are today committed to the Principles for Responsible Investment (PRI), while many of the world's largest public companies have pledged to meet net-zero targets. 
• However, a lack of disclosure, limited accessibility, and inconsistency of ESG data is limiting the acceleration of capital allocation towards low-carbon and sustainable business activities.
• ESG Book makes sustainability data more widely available and comparable, enables companies to be custodians of their own data through a digital platform, provides framework-neutral ESG information in real-time, and promotes transparency.
• Founding partners of ESG Book are today calling for a new coordinated approach to ESG data, where corporate sustainability information is widely available, comparable, and transparent.

Bitfinex Launches Multi-Screen Function As Go-To Hub For Pro Traders Powers Cross Digital Token Strategies

Date 01/12/2021

Bitfinex, a state-of-the-art digital token trading platform, has launched a feature that enables users to customize their view on the market with a multi-screen function designed to generate alpha, providing professional traders with a means of exploiting correlations between different trading pairs.