News Centre

New Administration Showcases What Governance Means, By Kelvin To, Founder And President, Data Boiler Technologies, LLC

Date 11/08/2021

On August 6, 2021, the SEC quietly approved a modified version of the CT Plan. This CT Plan replaces the three existing plans (CTA, CQ, and UTP Plans) that currently govern the collection, consolidation, processing, and dissemination of market data. We thank the Commission for recognizing our comments over 60 times and making modifications favoring stronger governance controls. The enclosed document is our public statement towards the approval of CT Plan, it is entitled “New Administration showcases what Governance means”.

BOX Options Market: New 1Gigabit Version Of The High Speed Vendor Feed

Date 11/08/2021

BOX Options Market LLC (“BOX”) will launch a 1Gigabit version of the Level 1 (Top of Book) High Speed Vendor Fee (“HSVF”) Multicast to give Participants an additional connectivity option to receive market data from BOX.

Moscow Exchange: Risk Parameters On Securities Market

Date 11/08/2021

CCP NCC will set the following risk parameters on Securities market starting from August 12, 2021:

ISDA-Clarus RFR Adoption Indicator: July 2021

Date 11/08/2021

The ISDA-Clarus RFR Adoption Indicator increased to an all-time high of 14.1% in July compared to 11.7% the prior month. The indicator tracks how much global trading activity (as measured by DV01) is conducted in cleared over-the-counter and exchange-traded interest rate derivatives (IRD) that reference the identified risk-free rates (RFRs) in six major currencies. On a traded notional basis, the percentage of RFR-linked IRD comprised 12.3% of total IRD in July compared to 11.4% the prior month.

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

Date 11/08/2021

As per the Securities market risk parameters methodology, on 11.08.2021, 18-44 (MSK) the lower bound of the price band (up to 23929) and initial margins (up to 52.5 %) for the security MRNA-RM were changed. New values are available here

Refinitiv Launches USD IBOR Cash Fallbacks Prototype To Facilitate Industry Transition From USD LIBOR

Date 11/08/2021

Following the Alternative Reference Rates Committee’s (ARRC) March 2021 announcement that it had selected Refinitiv to publish its recommended spread adjustments and spread adjusted rates for cash products, Refinitiv today announced the launch of a prototype rate. The Refinitiv USD IBOR Cash Fallbacks, as the rates will be known, will leverage the firm’s extensive experience in administering benchmarks, such as Refinitiv Term SONIA, to create a family of US Dollar (USD) fallback rates for use in cash markets.

The Tel Aviv Stock Exchange Reports The Results Of The Financial Statements For The Second Quarter Of 2021- Double-Digit Increase In Revenue And Profit In The Second Quarter Of The Year Compared To The Corresponding Quarter Last Year

Date 11/08/2021

• 30 new companies joined TASE in the second quarter and a total of 63 new companies in the first half of 2021, including 42 high-tech companies, raising an aggregate amount of NIS 7.8 billion - an increase of 680% compared to the amount raised in the first half of 2020 and 70% over the amount raised in the full year 2020 by new companies.
• ​TASE's revenue rises by 15%, reaching close to NIS 85 million in the second quarter of the year, including non-recurring income from the agreement with the Ministry of Finance.
• Profit in the second quarter totals upwards of NIS 12 million, a 20% increase over the profit in the corresponding quarter last year.
• Adjusted EBITDA in the second quarter exceeds NIS 26 million, compared to NIS 21 million in the corresponding quarter last year, a 25% increase. 

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

Date 11/08/2021

As per the Securities market risk parameters methodology, on 11.08.2021, 16-57 (MSK) the upper bound of the price band (up to 2056) and initial margins (up to 26.25 %) for the security NLOK-RM were changed. New values are available here

BIS: Macroeconomic Effects Of Covid-19: A Mid-Term Review

Date 11/08/2021

Summary

Focus

The global economy has rebounded strongly from the trough last year, as vaccination paved the way for lifting restrictions. Yet the recovery is uneven and global outlook remains uncertain. Many countries face vaccine shortages, and new virus strains threaten to derail progress made. To prepare for challenges lying ahead, it will be important to draw on experiences to date.

Moscow Exchange: Risk Parameters Change For The Securities

Date 11/08/2021

The following risk parameters will be changed: