News Centre

DTCC Proposes Way Forward To Achieving Global Data Harmonization In Derivatives Trade Reporting - New Perspectives Paper Recommends Course Correction To Eliminate Cross-Jurisdictional Differences In Trade Reporting Standards To Boost Transparency And The Monitoring Of Systemic Risk

Date 16/03/2021

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today outlined a three-prong plan to further harmonize derivatives trade reporting requirements and deliver against the objectives that were originally established by the Group of 20 (G20) at its historic 2009 summit in Pittsburgh.

Brave New World - Speech By Sam Woods, Bank Of England Deputy Governor For Prudential Regulation And Chief Executive Officer Of The Prudential Regulation Authority Given At The Association Of British Insurers.

Date 16/03/2021

Sam Woods says regulation of the insurance sector in the UK is about to change.

He says more of the rules insurers need to follow will be set out in the Prudential Regulation Authority’s rule book rather than in law.

He also looks at the review of Solvency II, the regime introduced by the EU in 2016 to harmonise insurance regulation.

Sam stresses none of the changes will mean lower levels of protection for policyholders or less resilient insurance firms.

U.S. Department Of The Treasury Announces Key Staff Appointments

Date 16/03/2021

Today, the United States Department of the Treasury announced the appointments of staff members who will serve in key roles. This distinguished and dedicated group of individuals will deliver results for the American people by addressing the current public health and economic crises, advancing racial equity, and tackling climate change.

SGX RegCo To Review Y Ventures’ Independent Review Report For Potential Listing Rule Breaches

Date 16/03/2021

Singapore Exchange Regulation (SGX RegCo) refers to Y Ventures’ announcements of 14 August 2018, 21 January 2019, 30 January 2019, 1 February 2019 and 12 March 2019 on the misstatements in its unaudited financial statements for the half year ended 30 June 2018 (HY2018). The independent reviewer, Deloitte & Touche Enterprise Risk Services Pte Ltd (Deloitte), issued its report and the company announced the same on 16 March 2021. Deloitte reported the findings directly to SGX RegCo and the audit committee of the company. 

Borsa İstanbul: Launch Of New SSF Contracts In Derivatives Market (VIOP)

Date 16/03/2021

Borsa İstanbul A.Ş. decided to launch new single stock futures contracts on AEFES, ALKIM, ECILC, HEKTS, IPEKE, ISFIN, ISGYO, KARSN, MPARK, ODAS, SKBNK, TRGYO and TURSG equities in Derivatives Market as of April 22, 2021. Please click for the related announcement 2021/18.

Nasdaq To Deliver Execution Platform Technology To PureStream

Date 16/03/2021

• The fully-hosted market infrastructure technology will support the new U.S. trading venue which reengineers the price and liquidity discovery process, by focusing on parent order completion speeds, not per trade latency
• PureStream on target for a Q2 2021 launch, subject to U.S. regulatory approvals

Polish S&P500 NTR ETF Is Newly Listed

Date 16/03/2021

• A new ETF on S&P 500 NTR, another Polish ETF on a foreign index, has been newly listed on GPW
• S&P 500 is an index of 500 US large caps
• It is the sixth ETF introduced on GPW by Agiofunds in co-operation with Beta Securities Poland and the second ETF to be newly listed in 2021

Bank Of England: Minutes Of The Wholesale Distribution Steering Group - January 2021

Date 16/03/2021

The Wholesale Distribution Steering Group have the objective of overseeing the design of a new end-state model for wholesale cash distribution. This is to support the UK in an environment of declining cash volumes.

HKEX To Launch Mini USD/CNH Futures On 26 April

Date 16/03/2021

Reference is made to the circular dated 21 January 2021 (Ref. No.: MKD/FIC/001/21) regarding the introduction of the Mini USD/CNH Futures Contract (“the Contract”). Hong Kong Futures Exchange Limited (“the Exchange” or “HKFE”) is pleased to announce the start of trading of the Contract from T session on Monday, 26 April 2021 (“the Commencement Date”).

FESE Response To ESMA Consultation Paper On Algorithmic Trading

Date 16/03/2021

FESE Members play an important role in supporting the stability of the financial system and are taking several measures to build up their resilience to protect their systems. Trading venues’ systems are reliable, monitored in real-time, dimensioned and scalable to the order flow’s needs.