News Centre

BIS: Margins And Liquidity In European Energy Markets In 2022

Date 13/09/2023

Key takeaways

• European futures markets for natural gas and electricity were deeply disrupted by the events following the Russian invasion of Ukraine, including through large fluctuations in margins.
• The fluctuations in margins put significant liquidity demands on market participants, prompting the official sector to establish liquidity facilities in some jurisdictions.
• Fluctuations in initial margins were associated with material reductions in open interest of market participants, in line with standard deleveraging mechanisms seen in financial markets

SEC Small Business Advisory Committee To Discuss Funding For Early-Stage Companies And Alternative Funding For Small Businesses

Date 13/09/2023

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Tuesday, September 19. The meeting will include a discussion of ways to invest in early-stage companies, as well as alternative funding options for small businesses. Members of the public can watch the live meeting via webcast on www.sec.gov.

ICE Data Services To Offer Ultra-Low Latency Data Between U.S. And Europe - End-To-End Solution Delivers Select Data From Markets In The U.S. To London, Frankfurt And Bergamo

Date 13/09/2023

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced plans to offer ultra-low latency data between markets in the U.S. and Europe, including London, Frankfurt, and Bergamo.

UK Financial Conduct Authority Bans Keith Dickinson And Andrew Allen For British Steel Pension Scheme Advice Failings, With £155k To Be Paid In Compensation

Date 13/09/2023

Keith Dickinson and Andrew Allen of Mansion Park Limited (in liquidation) have been banned from advising customers on pension transfers and pension opt-outs.

Treasury Clearing Activity Predicted To Increase US$1.63 Trillion Should SEC Adopt Expanded Clearing Proposal, According To New DTCC Paper

Date 13/09/2023

The  Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued a new industry paper, “Looking to the Horizon: Assessing a Potential Expansion of U.S. Treasury Central Clearing,” that explores the possible impacts of the U.S. Securities & Exchange Commission’s (SEC) 2022 Treasury Clearing proposal. This proposal would require a significantly larger portion of the U.S. Treasury cash and repo markets to be centrally cleared through an SEC-registered central counterparty.

Finansinspektionen Leaves The Countercyclical Buffer Rate Unchanged

Date 13/09/2023

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged. The buffer rate of 2 per cent, which was applied starting on 22 June 2023, shall thus continue to apply. The countercyclical buffer guide is calculated at 0 per cent.

ICE To Collaborate With Meridia To Launch The ICE Commodity Traceability Service To Support Commercial Trade Affected By The EU Deforestation Regulation

Date 13/09/2023

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced that ICE Benchmark Administration Limited (IBA) is collaborating with Meridia Land B.V (Meridia), an agricultural technology company specializing in the verification of farm origin and supply chain data, to launch the ICE Commodity Traceability (ICE CoT) service.

Tehran Stock Exchange Weekly Market Review - 9 September 2023 To 13 September 2023

Date 13/09/2023

Click here to download Tehran Stock Exchange's weekly market review.

Finansinspektionen: New Risk Weight Floors For Bank Loans To Commercial Properties

Date 13/09/2023

Finansinspektionen has decided to introduce risk weight floors for exposures towards the commercial real estate sector according to article 458 in CRR. At the same time the current risk weight floor under Pillar 2 will be removed. The new floors will enter into force on 30 September 2023.

SGX Group Reports Market Statistics For August 2023

Date 13/09/2023

• Strong derivatives volume growth as China stimulus stokes institutional risk management
• SGX Securities is first in Asia to list Structured Certificates