News Centre

ISDA derivatiViews: Next Steps For China’s Derivatives Market

Date 20/12/2021

In recent years, Chinese authorities have made incremental progress in developing the country’s derivatives markets and removing barriers to international participation. In 2021, they took a major step forward with draft legislation that would recognize the enforceability of close-out netting. With this seismic development now within reach, it is time to consider what further steps will be needed to promote a safe, robust and efficient derivatives market in China.

SEC Charges Five Russians In $80 Million Hacking And Trading Scheme

Date 20/12/2021

The Securities and Exchange Commission today announced fraud charges against five Russian nationals for engaging in a multi-year scheme to profit from stolen corporate earnings announcements obtained by hacking into the systems of two U.S.-based filing agent companies before the announcements were made public. The filing agents assist publicly traded companies with the preparation and filing of periodic reports with the SEC, including quarterly reports containing earnings information.

Government Of Ontario: Capital Markets Act (CMA) Consultation Extended To February 18

Date 20/12/2021

The Government of Ontario has published draft legislation for the new Capital Markets Act (CMA), accompanied by a policy commentary document and table of concordance. This draft legislation is part of the Capital Markets Modernization Review, and is intended as a vehicle to adopt a number of the Taskforce’s modernization recommendations.

SEC Charges Clinical Drug Trial Investigator With Insider Trading

Date 20/12/2021

The Securities and Exchange Commission today announced charges against Daniel V.T. Catenacci for insider trading in the securities of biotechnology company Five Prime Therapeutics, Inc. in advance of the company’s November 10, 2020 announcement that it had achieved positive drug trial results for its flagship cancer drug Bemarituzumab.

BOX Exchange: January 2022 Fee Change

Date 20/12/2021

BOX Exchange LLC is amending Section VIII (Participant Fees) of the BOX Fee Schedule.1 Specifically, BOX Options Market is adopting monthly Electronic Market Maker Trading Permit Fees as follows:

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

Date 20/12/2021

As per the Securities market risk parameters methodology, on 20.12.2021, 21-26 (MSK) the upper bound of the price band (up to 14601) and initial margins (up to 42.5 %) for the security QDEL-RM were changed. New values are available here

The EBA Introduces Enhanced Proportionality In Supervisory Reporting

Date 20/12/2021

• Reporting requirements for small institutions are significantly reduced in the area of additional liquidity monitoring metrics (ALMM) and asset encumbrance. 
• The amendments to the reporting are a step forward in the implementation of the EBA’s recommendations on cost reduction measures included in its study on the cost of compliance with supervisory reporting requirements.
• Additional amendments to the templates are proposed with the aim of implementing changes to regulatory requirements, streamlining reporting requirements, filling in data gaps and further clarifying the reporting instructions.

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

Date 20/12/2021

As per the Securities market risk parameters methodology, on 20.12.2021, 20-19 (MSK) the lower bound of the price band (up to 6478) and initial margins (up to 17.5 %) for the security ORCL-RM were changed. New values are available here

EEX Acquires Energy Analytics Firm Lacima Group

Date 20/12/2021

The European Energy Exchange (EEX) has signed an agreement with the shareholders of the energy analytics company Lacima Group to acquire their business. EEX will acquire 100% of Lacima Group.

Bank Of England: Minutes Of The Working Group On Sterling Risk-Free Reference Rates - November 2021

Date 20/12/2021

The Working Group on Sterling Risk-Free Reference Rates, which is comprised of a diverse set of market participants, is working to catalyse a broad-based transition to SONIA by end-2021.