News Centre

ISDA Publishes 2014 ISDA Korean Law Credit Support Annex (Bilateral Form - Loan And Pledge) & User's Guide

Date 03/07/2014

ISDA has today published the 2014 ISDA Korean Law Credit Support Annex (Bilateral Form - Loan and Pledge) which has been prepared for use in documenting bilateral security and other credit support arrangements between counterparties for transactions documented under an ISDA Master Agreement for which the parties intend to use two different methods (pledge and lending) of providing Korean collateral between counterparties to transactions documented under a 1992 ISDA Master Agreement or 2002 ISDA Master Agreement. A User’s Guide has also been published alongside the Annex. Both documents are available for purchase in the ISDA Bookstore.

EBA Advises On The Prudential Filter For Gains And Losses From Own Credit Risk Related To Derivatives

Date 03/07/2014

The European Banking Authority (EBA) published today its technical advice to the European Commission on the use of a prudential filter for gains and losses arising from banks' own credit risk of derivatives. The Authority considers as appropriate not to deviate from the current prudential approach applied at the international level under the Basel III rules, i.e. full deduction of institutions' own credit risk of derivatives. The work of the EBA will inform the work of the EU Commission on the topic.

TMX Group Consolidated Trading Statistics - June 2014: Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha, Montreal Exchange, NGX

Date 03/07/2014

TMX Group Limited today announced June 2014 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha, Montreal Exchange (MX) and NGX.

Malawi Stock Exchange Second Quarter Market Performance Report 2014

Date 03/07/2014

Click here to download Malawi Stock Exchange's second quarter market performance report 2014.

PEGAS: Trading Results For June: All-Time Record On PEGAS – Monthly Records In TTF Spot And Futures

Date 03/07/2014

PEGAS, the natural gas platform commonly established by the European  Energy Exchange (EEX) and Powernext,  announced that  a total volume of 48.8 TWh was traded in June 2014 compared to 15.6 TWh in the same period of the previous year. This represents the highest monthly volume that has been traded in these markets so far.

Moscow Exchange Indices Monthly Review: June 2014

Date 03/07/2014

Monthly review: June 2014 (pdf, 720 Кb)

Intercontinental Exchange Reports ICE And NYSE Volume For June And Second Quarter 2014 - Brent Open Interest Record And 18% Increase In June ADV

Date 03/07/2014

Intercontinental Exchange, Inc. (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported exchange traded volumes for June and the second quarter of 2014.

Strong Services Performance In SGX New Bond Listings In 1H14

Date 03/07/2014

• Strong momentum in the bond market continued in 2014 as shown in the half-year performance in SGX’s new bond listings. From Jan-Jun 2014, 259 new bonds were listed, up 16% compared to same period last year. S$112.3 billion was raised in 1H14, up 8% compared to the same period last year.
• Of the bonds listed on SGX in June, 53% are rated and 47% are unrated. Bond issuers may use credit enhancement features to improve the bond’s credit rating or may issue unrated bonds even if the issuers have credit ratings.
• Robust investor appetites for Thai bond issues and China’s Hainan Airlines returned to Singapore’s RMB-bond market in June with a re-tap of a previous transaction completed in May.

TheCityUK: UK’s Financial Services Trade Surplus Biggest In The World, Dwarfing Its Nearest Rivals

Date 03/07/2014

New figures from TheCityUK reveal that the UK’s trade surplus in financial services is the biggest in the world, more than two and a half times bigger than the next largest surplus recorded by the US and three times higher than Luxembourg in third and Switzerland fourth. The latest figures available show that the UK’s financial services trade surplus was $71bn in 2013, up from $68bn in 2012. According to TheCityUK, this demonstrates the huge competitive advantage the financial and related professional services industry brings to the UK, and the importance of the industry in attracting international business activity which creates jobs and generates economic growth.

The Bank Of England's Monetary And Financial Policy Committees: Guiding The Economy Towards A Sustainable And Safe Recovery - Speech By Jon Cunliffe

Date 03/07/2014

In a speech on Thursday, Jon Cunliffe explains how the Financial Policy Committee and Monetary Policy Committee work together to meet the Bank’s new mission, which is “promoting the good of the people of the United Kingdom by maintaining monetary and financial stability”.