News Centre

ECB: Monetary Policy Decisions

Date 12/03/2020

At today’s meeting the Governing Council decided on a comprehensive package of monetary policy measures:

(1) Additional longer-term refinancing operations (LTROs) will be conducted, temporarily, to provide immediate liquidity support to the euro area financial system. Although the Governing Council does not see material signs of strains in money markets or liquidity shortages in the banking system, these operations will provide an effective backstop in case of need. They will be carried out through a fixed rate tender procedure with full allotment, with an interest rate that is equal to the average rate on the deposit facility. The LTROs will provide liquidity at favourable terms to bridge the period until the TLTRO III operation in June 2020.

(2) In TLTRO III, considerably more favourable terms will be applied during the period from June 2020 to June 2021 to all TLTRO III operations outstanding during that same time. These operations will support bank lending to those affected most by the spread of the coronavirus, in particular small and medium-sized enterprises. Throughout this period, the interest rate on these TLTRO III operations will be 25 basis points below the average rate applied in the Eurosystem’s main refinancing operations. For counterparties that maintain their levels of credit provision, the rate applied in these operations will be lower, and, over the period ending in June 2021, can be as low as 25 basis points below the average interest rate on the deposit facility. Moreover, the maximum total amount that counterparties will henceforth be entitled to borrow in TLTRO III operations is raised to 50% of their stock of eligible loans as at 28 February 2019. In this context, the Governing Council will mandate the Eurosystem committees to investigate collateral easing measures to ensure that counterparties continue to be able to make full use of the funding support.

(3) A temporary envelope of additional net asset purchases of €120 billion will be added until the end of the year, ensuring a strong contribution from the private sector purchase programmes. In combination with the existing asset purchase programme (APP), this will support favourable financing conditions for the real economy in times of heightened uncertainty.

Introductory Statement To The ECB Press Conference: Christine Lagarde, President Of The ECB, Luis de Guindos, Vice-President Of The ECB, Frankfurt am Main, 12 March 2020

Date 12/03/2020

Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by the Commission Executive Vice-President, Mr Dombrovskis.

MIAX Options And MIAX Emerald 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 12/03/2020

Issue Symbol: All Symbols
Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday

Moscow Exchange: Risk Parameters Changes: Update 2

Date 12/03/2020

Please follow the links below to access the information:

Risk parameters change for the security SU26227RMFS7

Risk parameters change for the security SU26211RMFS1

Risk parameters change for the security SU26224RMFS4
Risk parameters change for the security SU26226RMFS9
Risk parameters change for the security SU26228RMFS5
Risk parameters change for the security SU26209RMFS5
Risk parameters change for the security SU26220RMFS2  
 

Risk parameters change for the security ROSN
Risk parameters change for the security SU46020RMFS2
Risk parameters change for the security SU26229RMFS3

Risk parameters change for the security SU26225RMFS1
Risk parameters change for the security FXTB
Risk parameters change for the security SU26232RMFS7

RIMES Technologies Corporation Response To COVID-19 - Coronavirus

Date 12/03/2020

In light of the current COVID-19 (Coronavirus Disease 2019) global outbreak, RIMES Technologies Corporation would like to share information with you about their plans to mitigate business and customer risks.

Banks’ Machine Learning/AI-Based Algorithms Are Not Only Gaining Traction But Generating Alpha, Says New TABB Research Study - Banks Are Competing In A “Survival Of The Fittest” Race For The Top Spot On Investors’ Algo Wheels

Date 12/03/2020

In new research published today, TABB Group says the sell-side is in a “survival of the fittest” race for the top spot in buy-side clients’ algo wheels. 

Moscow Exchange: Risk Parameters Changes: Update 1

Date 12/03/2020

Please follow the links below to access the information:

Risk parameters change for the security HYDR
Risk parameters change for the security SU26221RMFS0
Risk parameters change for the security GMKN
Risk parameters change for the security SU26219RMFS4
Risk parameters change for the security SU26218RMFS6
Risk parameters change for the security SU26212RMFS9

HKFE Announces Revised Margins For Futures Contracts

Date 12/03/2020

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Friday, 13 March 2020, (including the mandatory intra-day variation adjustment and margin call, if applicable), the margin levels of the following Futures Contracts shall be as follows: 

Moscow Exchange: Risk Parameters Change For The Security AFLT

Date 12/03/2020

As per the Securities market risk parameters methodology, on 12.03.2020, 13-35 (MSK) the lower bound of the price band (up to 62.88) and initial margins (up to 31.25 %) for the security AFLT were changed. New values are available here

Varma’s Annual And Sustainability Report Includes Disclosures On Climate-Related Risks In Accordance With The TCFD

Date 12/03/2020

Varma’s Annual and Sustainability Report 2019, which complies with GRI (Global Reporting Initiative) standards, has been published. The report also contains broad disclosures on how Varma takes risks and opportunities related to climate change into account in its investments (TCFD). The report includes previously unpublished analyses on how Varma aims to achieve carbon neutrality by 2035.