News Centre

Ontario Securities Commission Takes Action Against Non-Compliant International Crypto Asset Trading Platform - Action Follows Opportunity For Firms To Bring Their Operations Into Compliance

Date 25/05/2021

The Ontario Securities Commission (OSC) today published a Statement of Allegations against Polo Digital Assets, Ltd. (Poloniex) for failing to comply with Ontario securities law. Poloniex, incorporated in the Republic of Seychelles, is operating an unregistered crypto asset trading platform, encouraging Canadians to use the platform, and allowing Ontario residents to trade crypto asset products that are securities and derivatives.

Bermuda Stock Exchange Announces Appointment Of Jacintha Hughes To Position Of Chief Administration Officer

Date 25/05/2021

The Bermuda Stock Exchange (BSX) announced today that Jacintha Hughes has been promoted to the newly created position of Chief Administration Officer of the BSX. 

ISDA Expands ISDA Clause Library To Cover Collateral Documentation

Date 25/05/2021

ISDA has today announced the expansion of the ISDA Clause Library to cover ISDA’s collateral documentation, a development that will bring greater efficiency and standardization to the negotiation and collateral management process.

American Financial Exchange® Announces Agreement With Numerix To Publish Spot AMERIBOR® Term Structure Interest Rates

Date 25/05/2021

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that AFX and Numerix, LLC (Numerix), the leader in risk technology, signed an agreement to publish spot AMERIBOR term structure of interest rates. The new rates will be calculated from the AMERIBOR overnight unsecured AMERIBOR cash rate and implied forward rates from AMERIBOR futures prices using Numerix’s proprietary software and yield curve algorithm. Numerix’s pricing technology provides AFX with flexibility in choosing the yield curve components, as well interpolation and extrapolation, follows all market conventions, and reprices all curve components in a consistent manner.

Finansinspektionen: Capital Requirements Of Swedish Banks As Of Q1 2021

Date 25/05/2021

Finansinspektionen publishes the capital requirements of the largest Swedish banks and credit institutions that belong to supervisory categories 1 and 2 as of the end of Q1 2021.

Moscow Exchange: Risk Parameters Change For The Securities

Date 25/05/2021

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1)

Bitfinex Pay Lets Bitfinex Users Buy With Crypto

Date 25/05/2021

Bitfinex, a state-of-the-art digital token trading platform, has enabled account holders to seamlessly make payments in digital tokens to merchants that have installed the Bitfinex Pay widget.

ESMA Publishes Guidelines On The Calculation Of Positions Under SFTR

Date 25/05/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, publishes today the Final Report on Guidelines on the calculation of positions in SFTs by Trade Repositories (TRs) under the Securities Financing Transactions Regulation (SFTR).

BIS: Income Inequality And The Depth Of Economic Downturns

Date 25/05/2021

Summary

Focus

Income inequality worldwide has been on an uptrend since the 1980s. We investigate whether greater income concentration at the top can affect cyclical economic outcomes. We do so by empirically analysing how changes in post-tax income inequality shape the dynamics of real per capita consumption across countries.

CME Group Announces First Trades Of Mexican F-TIIE Interest Rate Futures

Date 25/05/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced the first trades of the new interest rate futures based on the Central Bank of Mexico's Overnight TIIE funding rate (F-TIIE). Launched on May 24, 2021, the trades were transacted by BBVA México, Monex Casa de Bolsa and Banorte, and were executed via Altura Markets and CME Direct.