News Centre

‘Better Happens Together’ For SGX Cares Beneficiaries As Bull Charge Charity Run Concludes Fundraising For The Year

Date 12/11/2021

• 18th Bull Charge Charity Run draws over 4,000 participants virtually from around the world
• SGX presents cheque for more than S$2 million to SGX Cares beneficiaries

Borsa İstanbul Starts To Calculate Participation Indices - Aiming To Grow And Increase Product Diversity In The Field Of Sustainability And Participation Finance -Borsa İstanbul Launches A New Product - As Of November 12, 2021, Borsa İstanbul Starts To Calculate Five Participation Indices

Date 12/11/2021

Borsa İstanbul starts to calculate five participation indices as of November 12, 2021. The indices to be calculated involve BIST Participation 30, BIST Participation 50, BIST Participation 100, BIST Participation All and BIST Sustainability Participation Indices.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 11/11/2021

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of November 1, 2021 as indicated in the Weekly Notice. 

Moscow Exchange: Risk Parameters Change For The Security A-RM

Date 11/11/2021

As per the Securities market risk parameters methodology, on 11.11.2021, 21-04 (MSK) the upper bound of the price band (up to 3941) and initial margins (up to 30 %) for the security AA-RM were changed. New values are available here

Nadex Refrains From Listing Certain Contracts

Date 11/11/2021

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions: 

• No GBP/USD or USD/CAD 5-Minute contacts were listed for the 6:05pm ET expiration time on trade date November 1, 2021; additionally, no GBP/JPY 5-Minute contacts were listed for the 6:05pm through 7:00pm ET expiration times on that day;

• No GBP/JPY or USD/CAD 5-Minute contacts were listed for the 6:05pm ET expiration time on trade date November 2, 2021;

• No GBP/JPY or USD/CAD 5-Minute contacts were listed for the 6:05pm or 6:10pm ET expiration times on trade date November 3, 2021;

• No GBP/JPY 5-Minute contacts were listed for the 6:05pm or 6:10pm ET expiration times on trade date November 4, 2021.

Moscow Exchange: Risk Parameters Change For The Security TPR-RM

Date 11/11/2021

As per the Securities market risk parameters methodology, on 11.11.2021, 19-55 (MSK) the upper bound of the price band (up to 3565) and initial margins (up to 28.75 %) for the security TPR-RM were changed. New values are available here

FIA: October 2021 SEF Tracker

Date 11/11/2021

Trading volume on swap execution facilities reached $1.09 trillion in average notional value per day during October 2021, the second best level ever recorded after January 2021. This was up 17.9% from the previous month and up 87.1% from the same month of the previous year. Non-FRA trading was the only sector that increased in trading from the previous month; FRA, credit, and FX trading all decreased.

BIS - Bottlenecks: Causes And Macroeconomic Implications

Date 11/11/2021

Key takeaways

• Bottlenecks in the supply of commodities, intermediate goods and freight transport have given rise to volatile prices and delivery delays.
• Bottlenecks started out as pandemic-related supply disruptions amid strong demand from the global economic recovery. But they have been aggravated by the attempts of supply chain participants to build buffers in already lean production networks – so-called bullwhip effects.
• Bottlenecks have been particularly severe in upstream industries – ie those that supply inputs used in many other products. These constraints have led to large international spillovers through global value chains.
• The direct inflationary effect of bottlenecks will likely be limited after relative prices have adjusted. However, sustained inflationary pressures could emerge if bottlenecks persist long enough to trigger an upward shift in wage growth and inflation expectations.

finova Integrates Cloud-Based Apprivo2 Platform, Following BEP Acquisition - Platform Will Support Lenders With Digital Customer Onboarding Facilitates Complex Affordability Modelling For Lenders

Date 11/11/2021

Fintech provider finova, which is backed by Norland Capital, has today announced the addition of the Apprivo2 platform to its suite of solutions. Apprivo2 is a configurable SaaS banking originations platform, designed for lenders operating a multi-sales channel model.

BIS: Basel Committee Finalises Revisions To Market Risk Disclosure Requirements And Voluntary Disclosure Of Sovereign Exposures

Date 11/11/2021

• Revisions to market risk disclosure requirements reflect changes to the minimum capital requirements for market risk published in January 2019.
• Voluntary disclosure standards for sovereign exposures set out templates for banks when disclosing their sovereign exposures and risk-weighted assets.
• The revised market risk disclosure requirements come into effect on 1 January 2023.