News Centre

UK Financial Conduct Authority: New Year Delivers Fairer Home And Motor Insurance Renewals

Date 30/12/2021

From 1 January insurers will be banned from quoting customers a higher price for renewing their home or motor insurance than they would pay if they were a new customer. The new rules brought in by the Financial Conduct Authority (FCA) are expected to save consumers 4.2bn over the next 10 years.

Euronext Confirms Its Position As Number One Equity Listing Venue In Europe In 2021

Date 30/12/2021

• 2021 record year for Euronext’s primary markets

• 212 new equity listings on Euronext markets in 2021 – an all-time record – representing an aggregated market capitalization of €123 billion, and raising €26 billion in new capital

• 14,600+ new bond listings on Euronext markets in 2021, including 400+ new ESG bond listings

• 700+ new clients for Euronext Corporate Services in 2021

Dubai Financial Market Announces New Trading Hours From Monday To Friday

Date 30/12/2021

• Five hours of daily trading between 10 AM and 3 PM 
• The new trading window harmonizes DFM’s operations with international markets

HKEX Foundation Raises $138M For Charity In 2021

Date 30/12/2021

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that HKEX Foundation has raised $138 million in 2021, funding a wide range of projects and charities to support Hong Kong’s most vulnerable and in need.

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

Date 29/12/2021

As per the Securities market risk parameters methodology, on 29.12.2021, 21-40 (MSK) the upper bound of the price band (up to 7861) and initial margins (up to 28.75 %) for the security MRVL-RM were changed. New values are available here

NYSE Member Firms Report Third Quarter Results

Date 29/12/2021

New York Stock Exchange member firms that conduct business with the public reported a third-quarter 2021 after-tax profit of approximately $9 billion and revenues of approximately $56 billion, compared with approximately $8.3 billion after-tax profit on revenues of about $48 billion in the third-quarter of 2020.

Moscow Exchange Trading Schedule For International Assets For 2022 Holidays

Date 29/12/2021

Moscow Exchange announces the trading schedule for its markets for 2022 public holidays.

UK Financial Conduct Authority: Update For Firms On PRIIPs RTS Article 18 And Related Rules

Date 29/12/2021

As part of the Financial Services Act 2021, Parliament legislated to extend the Undertakings for the Collective Investment in Transferable Securities (UCITS) exemption in The Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation (as enacted in retained EU law) by 5 years – from 31 December 2021 to 31 December 2026. This extension means that UCITS funds offered to UK retail investors can continue to supply either a PRIIPs key information document or a UCITS key investor information document.

On New Parameters For Calculating The Moscow Exchange 15 Index, The RUEU10 And RUEURAIF Eurobond Indices

Date 29/12/2021

Starting from January 3, 2022, the calculation of the Moscow Exchange Index 15, the MOEX Russian Liquid Eurobonds Index RUEU10 and the MOEX Raiffeisen Eurobonds Index RUEURAIF will be carried out using new restrictive coefficients for the maximum share of securities of one issuer in the index. The amendments are introduced in connection with the establishment of a new maximum regulatory limit on the share of the value of assets of one legal entity in the structure of mutual investment funds in the amount of 12% from January 1, 2022 (in accordance with clause 2.10 of the Bank of Russia Ordinance No. 4129-U dated 09/05/2016). The methodologies for calculating the Moscow Exchange 15 Index and the Moscow Exchange RUEURAIF Index provide for limiting the weight of securities of one issuer to a value reduced by 1 percentage point from the maximum regulatory limit. The methodology for calculating the Moscow Exchange Index of Russian liquid Eurobonds RUEU10 provides for limiting the weight of securities of one issuer to a value reduced by 0.5 percentage points from the maximum regulatory limit.

Moscow Exchange: Updated Market Making Program For Equities Took Effect

Date 29/12/2021

From 3 January 2022, 80 further new international shares will be added to the MOEX Global and MOEX Global USD market-making international programs and start trading on the same day. At the same time, the Exchange will release detailed conditions for maintaining quotes and the formula for calculating the remuneration payable to market makers for certain previously admitted instruments, making the work of market makers more reliable and efficient.