FTSE Mondo Visione Exchanges Index:

News Centre

News

Industry Veteran Bob Takai Joins EEX In Tokyo

Date 09/07/2020

EEX has recruited industry veteran and commodities trading specialist Bob Takai to the exchange’s Japan Power Team. Based in Tokyo and reporting directly to EEX’s Chief Operating Officer, Steffen Koehler, Mr Takai will oversee EEX’s activities in Japan to solidify the exchange’s position in the Japanese energy market.
Eurex Exchange: Equity Index Highlights - July 2020 Edition

Date 09/07/2020

Market briefing

For the first half of 2020, members and market participants have continued to operate under extraordinary working and living conditions. Their commitment to provide liquidity and facilitate best execution for clients, combined with Eurex's robust trading infrastructure, has proven vital to the market. Their support was seen through the substantial volume increases in a number of our benchmark products. EURO STOXX 50® Total Return Futures have been utilized by new clients as an alternative to a passive rolling futures strategy, given the uncertainty due to company dividend postponements and cancellations this year. The MSCI derivatives segment has enjoyed volume growth across several contracts; Japan, EM, World, Europe, EMU, Saudi Arabia, Canada, EM Asia & Latin America. One driver is that Eurex is viewed favorably as a stable venue for these key global contracts, given our long-term partnership with MSCI and the facility to transact during extended trading hours. [...]
UBS MTF Market Notice Double Volume Cap Update

Date 09/07/2020

Following the ESMA update published on 7 July, UBS MTF would like to inform you of upcoming double volume cap suspension changes this week:
- Effective from the start of trading on 14 July, the DVC suspension ends for 32 instruments on UBS MTF and therefore these instruments will again be available for trading under the Reference Price Waiver.
- Also effective from the start of trading on 10 July, a six-month DVC suspension commences for 15 instruments on UBS MTF, which means that they will not be available under the Reference Price Waiver during this period. These capped instruments remain available for trading under the Large in Scale Waiver as well as on our Periodic Auction Order Book, and an additional six-month DVC re-suspension, for two instruments, will also take effect at the same time.
- Additionally, DVC suspension is revoked for a single instrument effective 10 July.
Bank Of England: Minutes Of Money Markets Committee Meeting - 2 June 2020

Date 09/07/2020

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.
ESMA Clarifies External Support Within The Meaning Of Article 35 Of The MMF Regulation

Date 09/07/2020

The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today publishes a public statement on external support under Article 35 of the Money Market Funds (MMF) Regulation.

FSB And Basel Committee Set Out Supervisory Recommendations For Benchmark Transition

Date 09/07/2020
- Continued reliance of financial markets on LIBOR poses clear risks to global
  financial stability.
- Transition away from LIBOR by end-2021 requires significant commitment and sustained effort from both financial and non-financial institutions.
- Report includes three sets of recommendations to support LIBOR transition.
ESMA Highlights Further Aspects To Consider In The Finalisation Of The Framework For Third-Country CCPs

Date 09/07/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published a letter that has just been sent to the European Commission (EC) as a contribution to the EC consultation on the delegated acts on tiering, comparable compliance and fees related to third-country central counterparties (TC-CCPs) under the revised European Market Infrastructure Regulation (EMIR 2.2).
Vox Financial Partners And Future Value Consultants Partner To Launch Powerful Automation For Structured Products Documentation - SEI + Opal: Ascend Created To Meet Smaller Ticket Size, Higher Volumes, And Faster Documentation Turnaround Needs Of Structured Products Market

Date 09/07/2020

Vox Financial Partners (Vox), a global consulting firm that supports financial institutions in the planning, resourcing, and delivery of complex regulatory change, is delighted to announce a partnership with Future Value Consultants (FVC), an experienced provider of analytics and stress testing for the structured products market. Vox and FVC have partnered to create SEI + Opal: Ascend, a fixed-price service for fully automated production of structured product documentation, including PRIIPs Key Information Documents (KIDs).
ESMA Consults On Guidelines On Calculation Of Positions Under SFTR

Date 09/07/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has launched a consultation on draft Guidelines on the calculation of positions by Trade Repositories (TRs) under the Securities Financing Transactions Regulation (SFTR).
FIA Commends European Commission For Improvements To EMIR 2.2 Delegated Acts And Stresses Concerns About Timing Of Equivalence Decisions

Date 09/07/2020

FIA today responded to the European Commission consultations on EMIR 2.2 Delegated Acts for the criteria for tiering of classifying a third country CCP as systemically important and comparable compliance for Tier 2 third-country CCPs. The response was submitted jointly with the International Swaps and Derivatives Association (ISDA).