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DTCC’s NSCC Enhances ETF Solution With Automated Collateral Management Process As Firms Navigate Volatility - Enhancements Include New Fixed-Income ETF Capabilities Along With A New No-Touch Process That Provides The Industry With Increased Operational Efficiency And Balance Sheet Relief

Date 20/07/2021

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced that its subsidiary, National Securities Clearing Corporation (NSCC), has launched an automated solution that streamlines and simplifies the Exchange-Traded Fund (ETF) collateral management process and adds new fixed income ETF capabilities, a critical step to freeing up capital and increasing operational efficiency during market uncertainty and volatility. Today, NSCC processes an average of 260,000 ETF create/redeem transactions every day.

ISDA derivatiViews: Get Ready For Phase Five, Get Set For Phase Six

Date 20/07/2021

With the arrival of summer in the northern hemisphere, July and August tend to be relatively quiet months in finance. But scratch beneath the surface of the derivatives market and you will find a large group of market participants busy getting ready for a seismic change.

B3’s Sustainability Index Will Disclose Companies’ ESG Ranking Positions

Date 20/07/2021

Pioneer in Latin America, the B3 Corporate Sustainability Index (ISE B3) has just been revised to streamline its methodology and make it more transparent for investors, allowing for rankings to be assigned to publicly-traded companies that are most advanced in the environmental, social and corporate governance (ESG) agenda. Launched in 2005, the ISE B3 index invites the companies whose listed stocks rank in the top 200 positions by liquidity to participate in its selection process.

MIAX Exchange Group Updated Market Data Policies

Date 20/07/2021

The MIAX Exchange Group has amended its Market Data Policies (“Policies”) relating to the reporting requirements of MIAX Exchange Group Market Data (the “Amendment”). This Amendment is effective immediately for new Market Data Subscribers, and will become effective on September 20, 2021 for existing Market Data Subscribers, which is 60 days from the date of this notice.

Moscow Exchange: Risk Parameters Change For The Securities

Date 20/07/2021

The following risk parameters will be changed:

BIS: Basel Committee Consults On An Amendment To The Process For Reviewing The G-SIB Methodology

Date 20/07/2021

• Basel Committee consults on a technical amendment to the Basel Framework to reflect a new process for reviewing the G-SIB assessment methodology.
• The Committee plans to replace the existing three-year review cycle with a process of ongoing monitoring and review.
• The Committee invites comments on the amendment by 3 September.

ESMA Publishes Fourth Annual Report On Use Of Sanctions For UCITS

Date 20/07/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes its 2020 report on the use of supervisory sanctions by National Competent Authorities (NCAs) under the Undertakings for Collective Investments in Transferrable Securities (UCITS) Directive. 

TriOptima Compresses SGD 1.7 Trillion Notional At LCH In H1 2021

Date 20/07/2021

TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it reduced the total Singapore dollars notional outstanding at LCH by 50% by compressing SGD 1.7T in interest rate derivatives H1 2021.

Electricity National Development Plans: ACER Acknowledges Progress Based On Its Recommendations And Calls For Further Improvements

Date 20/07/2021

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes its bi-annual Opinion on the electricity national development plans (NDPs).

baronsvc.com Trading Platform: BaFin Prohibits Unauthorised Portfolio Management

Date 20/07/2021

In its notice dated 23 June 2021, BaFin ordered Atlantis Technology Group Ltd., Marshall Islands, Kolusha OU, Estonia, and FMR International OU, Estonia and the UK, as the operator of the baronsvc.com trading platform, to immediately cease its unauthorised portfolio management activities. The aforementioned companies are named at various places on the website as the responsible operator.