News Centre

SIX Launches Fully Delegated SFTR Reporting For Swiss Repo Market

Date 13/07/2020

Complex reporting obligations resulting from the Securities Finance Transaction Regulation (SFTR) can be fully delegated to the Swiss Stock Exchange. With the Collateral Cockpit™, launched in 2019 by the Swiss Stock Exchange, manages the cumbersome process on behalf of financial institutions. The service offers scale benefits for resource strained organizations at a time when it will be most needed.

ESMA CCP Stress Tests Confirm The Resilience Of European CCPs

Date 13/07/2020

The European Association of CCP Clearing Houses (EACH) acknowledges the outcome of the ESMA EU-wide CCP Stress Test 20191, which has been made more comprehensive than the previous iteration of 2017 because of its extension to assess the impact of liquidation costs derived from clearing members and clients’ concentrated positions, in addition to credit and liquidity risks.

ESMA Issues Second Report On Sanctions Under MiFID II

Date 13/07/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets’ regulator, has published today its second report on sanctions and measures imposed under the Markets in Financial Instruments Directive (MiFID II) by National Competent Authorities (NCAs)

Moderna, Inc. To Join The NASDAQ-100 Index Beginning July 20, 2020

Date 13/07/2020

Nasdaq (Nasdaq: NDAQ) today announced that Moderna, Inc. (Nasdaq: MRNA), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Monday, July 20, 2020.  

EEX Butter Futures Achieve New Daily Record

Date 13/07/2020

On Friday, 10th July 2020, the European Energy Exchange (EEX) set a new daily trading record in Butter Futures with a total of 644 contracts traded. This corresponds to 3,220 tonnes of goods equivalent beating the previous record (433 contracts traded on 4th March 2020) by 1,055 tonnes.

Europex Response To Revision Of Regulation (EU) 347/2013 On Guidelines For Trans-European Energy Infrastructure (TEN-E Regulation)

Date 13/07/2020

Europex fully supports efforts to ensure trans-European energy infrastructure is fit-for purpose and consistent with the 2050 climate neutrality objective. The TEN-E Regulation and related CEF Energy funding has made important contributions towards improved connection levels of the Internal Energy Market, allowed energy to be traded across borders and increased security of supply. We believe the revised TEN-E Regulation should now reflect the needs of a rapidly evolving energy system, with a view to enabling the integration of higher shares of renewable energy, at a more decentralised level. Greater integration between the different energy sources and carriers will also need to be taken into account.

LIBOR: Entering The Endgame - Speech By Andrew Bailey, Governor Of The Bank Of England: Given During A Webinar Hosted By The Bank Of England And The Federal Reserve Bank Of New York

Date 13/07/2020

Andrew Bailey says the move away from LIBOR is as important as ever. He looks at the progress being made and what needs to happen by the deadline in 18 months’ time.

SEC Charges App Developer For Unregistered Security-Based Swap Transactions

Date 13/07/2020

The Securities and Exchange Commission today charged California-based Abra and a related firm in the Philippines for offering and selling security-based swaps to retail investors without registration and for failing to transact those swaps on a registered national exchange.

ESMA - SFTR Reporting Regime Sees Successful First Day

Date 13/07/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has received reports from trade repositories (TRs) indicating that the first day of reporting by financial and no-financial market participants under the Securities Financing Transactions Regulation (SFTR), has gone smoothly.

CryptoCompare Updates Benchmark For Digital Asset Exchanges: US Venues Retain Top Spots

Date 13/07/2020