News Centre

SEC Charges 27 Financial Firms For Form CRS Filing And Delivery Failures

Date 26/07/2021

The Securities and Exchange Commission today announced that 21 investment advisers and 6 broker-dealers have agreed to settle charges that they failed to timely file and deliver their client or customer relationship summaries – known as Form CRS – to their retail investors.

ISDA derivatiViews: Alignment Needed Between Capital Rules And Carbon Certificates

Date 26/07/2021

Throughout the evolution of Basel III, policy-makers have had to strike a balance in setting risk-based capital requirements. Rules need to be tough enough to promote financial stability, but not so punitive that they risk choking off banks’ ability to support the real economy. Recent analysis has shown that excess conservatism in parts of the capital framework could hamper efforts to transition to a carbon-neutral economy, which is an outcome we must avoid.

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

Date 26/07/2021

As per the Securities market risk parameters methodology, on 26.07.2021, 21-19 (MSK) the upper bound of the price band (up to 58216) and initial margins (up to 75 %) for the security MSTR-RM were changed. New values are available here

NGX CEO Engages Institutional Clients On Market Development

Date 26/07/2021

The Chief Executive Officer, Nigerian Exchange (NGX) Limited, Mr. Temi Popoola, CFA, hosted an engagement session with Institutional clients on Monday, 26 July 2021. The virtual event saw Mr. Popoola speak passionately about the plans of NGX post-demutualisation, emhpasising where the Exchange is now and what market players should expect.  

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

Date 26/07/2021

As per the Securities market risk parameters methodology, on 26.07.2021, 19-33 (MSK) the lower bound of the price band (up to 13329) and initial margins (up to 18.75 %) for the security BABA-RM were changed. New values are available here

MIAX Exchange Group - Options Exchanges - August 1, 2021 Fee Changes

Date 26/07/2021

The MIAX Options, MIAX Pearl Options and MIAX Emerald Options Exchanges Fee Schedules will be amended on August 1, 2021, pending filing with the SEC.

• MIAX Options Exchange, MIAX Pearl Options Exchange, and MIAX Emerald Options Exchange:  Primary/Secondary Facility 10 Gigabit ULL 
  • 1st two $ $9,000 each, 3rd & 4th $11,000 each, 5 or more $13,000 each
• MIAX Options Exchange:  Limited Service MEO Port
  • 1st two $0, 3rd & 4th $150 each, 5th & 6th $200 each, 7 or more $250 each
• MIAX Emerald Options Exchange:  Limited Service MEO Port
  • 1st two $0, 3rd & 4th $200 each, 5th & 6th $300 each, 7 or more $400 each

Businesses Can Simplify Cross-Border Supplier Payments Via New Fiserv And Goldman Sachs Relationship - First Phase Of Partnership Will Allow Fiserv Clients To Execute Cross-Border Payments To Suppliers From An Integrated B2B Payment Solution That Leverages Goldman Sachs Transaction Banking’s Cloud-Based Platform

Date 26/07/2021

Fiserv, Inc., a leading global provider of payments and financial services technology, and Goldman Sachs Transaction Banking today announced a new relationship that will streamline supplier payments made via B2B accounts payable solutions offered by Fiserv. This is the first initiative in a growing strategic relationship between Fiserv and Goldman Sachs Transaction Banking to collaborate on innovative financial solutions.

Moscow Exchange Changes The Tick Size From The 2nd Of August 2021

Date 26/07/2021

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 2nd August 2021 in the following trading modes:

• Main trading mode Т+ ("Т+2" order book)
• Odd lots trading mode
• Dark pool trading mode
• IIR sector* — Main trading mode Т+
• Negotiated trades mode (NTM)
• NTM with CCP trading mode
• IIR sector — NTM trading mode
• IIR sector — NTM with CCP trading mode

Running Out Of Room: Revisiting The 3D Perspective On Low Interest Rates - Gertjan Vlieghe, Bank Of England, External Monetary, Policy Committee Member, Given At The London School Of Economics

Date 26/07/2021

Gertjan Vlieghe considers what we have learned in the past five years about some of the structural drivers of low interest rates, such as demographics, debt and the distribution of income. 

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

Date 26/07/2021

As per the Securities market risk parameters methodology, on 26.07.2021, 19-09 (MSK) the lower bound of the price band (up to 4533) and initial margins (up to 22.5 %) for the security JD-RM were changed. New values are available here