News Centre

ESMA Issues Latest Double Volume Cap Data

Date 08/02/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has made available the latest set of double volume cap (DVC) data under MiFID II in the new DVC IT system.

Moscow Exchange: Risk Parameters Change For The Security TDC-RM - Update

Date 08/02/2022

As per the Securities market risk parameters methodology, on 08.02.2022, 20-48 (MSK) the upper bound of the price band (up to 4301) and initial margins (up to 58.5 %) for the security TDC-RM were changed.

Joint Readout Of Principals’ Meeting Of UK And U.S. Authorities Regarding Central Counterparty Resolution

Date 08/02/2022

Senior officials from the Bank of England, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Securities and Exchange Commission, and Federal Reserve Board convened a virtual meeting today to discuss certain issues relating to the resolution of a central counterparty (CCP). This meeting was one of a regular series of senior-level meetings held since 2017 to share views on CCP resolution and review the progress of an ongoing program of joint work among the agencies.

ISDA - Interest Rate Derivatives Trading Activity Reported In EU, UK And US Markets: November 2021

Date 08/02/2022

ISDA has expanded its SwapsInfo analysis to include interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs).

Eurex Sees Record Volumes In Euro Clearing In January

Date 08/02/2022

• Average daily cleared volumes in OTC swaps more than doubled to EUR 40 billion y-o-y
• Eurex overall traded contracts in January +3 percent y-o-y

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

Date 08/02/2022

As per the Securities market risk parameters methodology, on 08.02.2022, 19-31 (MSK) the upper bound of the price band (up to 19414) and initial margins (up to 26.25 %) for the security AMGN-RM were changed.

Cboe Completes MATCHNow Technology Migration And Launches Its First New Canadian Offering

Date 08/02/2022

• MATCHNow successfully migrated to Cboe technology on February 1, 2022, marking completion of a year-long integration effort
• Cboe BIDS Canada is first new offering to launch post-migration
• Technology integration follows Cboe's acquisition of MATCHNow in August 2020 and will serve as the foundation to help Cboe expand in Canada

Capital Markets Union: European Commission Extends Time-Limited Equivalence For UK Central Counterparties And Launches Consultation To Expand Central Clearing Activities In The EU

Date 08/02/2022

The European Commission has today adopted a decision to extend equivalence for UK central counterparties (CCPs) until 30 June 2025. This decision will ensure the European Union's financial stability in the short-term.

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

Date 08/02/2022

As per the Securities market risk parameters methodology, on 08.02.2022, 19-08 (MSK) the upper bound of the price band (up to 5901) and initial margins (up to 36.25 %) for the security AA-RM were changed.

BIS: Shadow Loans And Regulatory Arbitrage: Evidence From China

Date 08/02/2022

Summary

Focus

We investigate how far Chinese banks have managed to hide from regulators the risks associated with shadow loans on their balance sheets. We also consider if the financial market in China has priced in risks associated with such shadow loans. In particular, we ask if banks relying heavily on shadow lending have managed to keep funding costs from rising, and if investors in equity and bond markets have required higher returns for more vulnerable banks.