News Centre

ESMA Extends MiFID II/MiFIR Transparency Review Report Consultation To 14 June 2020

Date 09/04/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has decided, in view of the effects of the ongoing COVID-19 pandemic on stakeholders and market participants, to further extend the response date for the consultation on the MiFID II/MiFIR review report on the transparency regime for non-equity instruments and the trading obligation for derivatives to 14 June 2020.

New Trading Participants At EEX In March 2020

Date 09/04/2020

In March 2020, EEX welcomed the following new trading members in addition to the admission of existing trading members to further markets:

The following members have been admitted for trading in futures & options on the EEX power derivatives markets:

• TrailStone Renewables GmbH, Berlin
• RIGHT POWER, a.s., Žilina (Slovakia)

Furthermore, Centropol Energy, a. s., Ústí nad Labem (Czech Republic), has been admitted for trading in futures and options on the EEX power derivatives markets and the natural gas spot contracts (CZ VTP).

The following members were additionally admitted to trading in the respective markets:

• Marex Financial Limited to freight financial futures and options
• Elpedison Power Generation Societe Anonyme to the derivatives gas market (JKM/ NBP/ PSV/ TTF/ ZEE)
• MFT Energy A/S to the natural gas spot and futures market (CEGH)
• ES FOR IN SE to natural gas futures (CEGH)
• TRMEW OBRÓT SPÓŁKA AKCYJNA to the derivatives gas markets (NCG/ PVB/ PSV/ ZEE/ NBP/ GPL/ PEG/ ZTP/ TTF)
• Nitrogénművek Zrt. to spot gas markets (GPL/ GPL-H) and the derivatives gas market (GPL)
• Ezpada AG to spot gas markets (GPL/ NCG) and derivatives gas markets (NCG/ TTF/ GPL)
• SEF ENERGI A/S to the futures and options for EEX emission allowances
• Public Power Corporation S.A. to futures and options on the EEX power derivatives markets
• E-PANGO SAS to the spot gas market (PEG)
• GEN-I, d.o.o. to the natural gas spot markets (NCG/ NCH-G/ TTF) and the natural gas futures market (NCG)
• ALPIQ ENERGY SE to the natural gas future markets (GPL/ CEGH/ NCG/ CZ VTP)

Vienna Stock Exchange: New OMV Bond Is The Largest Austrian Corporate Bond Issue

Date 09/04/2020

Today is the first trading day of three new tranches of an OMV corporate bond on the Vienna Stock Exchange. The 4-year OMV bond yields 1.5% per year, the 8-year bond 2% and the 12-year bond 2.375%. The denomination is EUR 1,000. The issue volume of all three tranches totals EUR 1.75 billion, making this transaction the largest corporate bond issue by an Austrian company on the Vienna Stock Exchange.

BIS: Jurisdictions Move Towards Full Implementation Of Standards For Financial Market Infrastructures

Date 09/04/2020

Yesterday the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) released an update showing that 25 of the 28 jurisdictions participating in the implementation monitoring programme have adopted measures implementing the international standards for all types of financial market infrastructures (FMIs). Since the 2019 update, two jurisdictions - Indonesia and Saudi Arabia - have completed the process of adopting measures that will enable them to implement the Principles for financial market infrastructures (PFMI) for all FMI types.

Zelig Advises Neat On Its USD11m Series A

Date 09/04/2020

FSB Reports On Its Work To Develop A Roadmap To Enhance Global Cross-Border Payments

Date 09/04/2020

The Financial Stability Board (FSB) today published the Stage 1 report of its project to develop a roadmap to enhance cross-border payments. This report, which is being delivered to the G20, provides an assessment of existing arrangements and challenges for global cross-border payments.

HKEX: Forfeiture Of Unclaimed Final Dividend For 2013

Date 09/04/2020

As provided in the Articles of Association of Hong Kong Exchanges and Clearing Limited (“HKEX”), any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX. Accordingly, HKEX’s final dividend for 2013 of HK$1.72 per share, payable on 27 May 2014 and remaining unclaimed on 27 May 2020, will be forfeited and will revert to HKEX.

ACER To Decide On A Common Cost Sharing Methodology For Redispatching And Countertrading Electricity In Bulgaria, Greece And Romania

Date 09/04/2020

The National Regulatory Authorities for energy in Bulgaria, Greece and Romania (the South East Europe region) asked the Agency to decide on a common methodology to share the costs of electricity redispatching and countertrading.

DTCC Comments On The Monetary Authority Of Singapore Delay To Final Phase Of OTC Derivatives Trade Reporting Implementation

Date 09/04/2020

Commenting on the Monetary Authority of Singapore’s (MAS) decision to delay the final phase of OTC derivatives trade reporting implementation by one year to 1 October, 2021, Oliver Williams, Head of DTCC Data Repository (Singapore) Pte Ltd., said:

DTCC has been encouraged by the progress that the industry has made in meeting reporting obligations for over-the-counter (OTC) derivatives transactions. In today’s environment, we support MAS’ move to provide more time to non-bank financial institutions and significant derivatives holders that were to come into scope under the final phase implementation. We remain committed to assisting clients in preparing for the new deadline of 1 October 2021. Our Global Trade Repository (GTR) service is ready to help market participants address their operational and regulatory requirements as and when the final regulations go live.

University Of Exeter Spin-Out Company Secures Investment For Sustainable Mining

Date 09/04/2020

A spin-out company focussed on driving environmental sustainability in the mining and raw materials sector, founded by experts from the University of Exeter, has secured investment to help develop the business.