News Centre

SIFMA Fixed Income Market Close Recommendation In The U.S., The U.K., And Japan For The U.S. Veterans Day Holiday

Date 27/10/2021

SIFMA has confirmed its previous recommendation for a full market close on Thursday, November 11 for the trading of U.S. dollar-denominated fixed income securities in the U.S., U.K., and Japan in observance of the U.S. Veterans Day Holiday.

ISDA SwapsInfo Third Quarter Of 2021 And Year-To-September 30, 2021 Review: Summary

Date 27/10/2021

The latest ISDA SwapsInfo Quarterly Review shows that traded notional for both interest rate derivatives (IRD) and credit derivatives increased during the third quarter of 2021 compared to the third quarter of 2020. This summary provides a high-level overview of key trends in the third quarter of 2021 and in the nine months to September 30, 2021.

Nadex Product Schedule For The Japan Holiday On November 3, 2021

Date 27/10/2021

Due to the Japan holiday on Wednesday, November 3, 2021, the Japan 225 contracts will have a modified trading schedule.

ISDA, The Swap - Episode 15: Crypto And Derivatives

Date 27/10/2021

Crypto assets are growing at a rapid pace, with increasing interest from institutional investors, which is driving renewed focus on developing robust standards and legal foundations. Former CFTC chairman J. Christopher Giancarlo talks to ISDA CEO Scott O’Malia.

Cboe Options Exchange To List Three Long-Dated SPX Options Expirations, Beginning November 1, 2021

Date 27/10/2021

• Additional LEAPS® Options on S&P 500 Index offer expirations in December 2024, December 2025, December 2026
• Aims to meet institutional demand to trade SPX options in a listed and centrally cleared marketplace
• Optiver expected to serve as market maker, contribute to liquidity provision and client order flow

Setting EU CCP Policy – Much More Than Meets The Eye

Date 27/10/2021

More than EUR 3.2 trillion notional outstanding of interest rate swaps (IRS), the most active interest rate derivative (IRD) product, are cleared every day in the City of London, including around 94% of all euro-denominated IRS that are traded globally. Brexit has naturally raised questions around whether London’s central role can continue. A new study ‘Setting EU CCP policy – much more than meets the eye’, now calls for a long-term vision for the future of the European clearing market, by taking financial stability, efficiency, and market development objectives into account.  

Stoiclane Acquires Lender's Valuation Services - Partnership Supports LVS’ Objective To Grow Into One Of The Largest Appraisal Management Companies In The U.S.

Date 27/10/2021

StoicLane, a long-term growth platform making controlling and strategic minority investments in the Finance, Insurance & Real Estate (“FIRE”) verticals, today announced that it has closed on a majority stake in appraisal management company Lender’s Valuation Services (“LVS”). StoicLane and LVS intend to work together to drive innovation and growth in the appraisal industry.

SEC: Post-SPAC Music Streaming Company Reaches $38.8 Million Settlement In Ongoing Fraud Action

Date 27/10/2021

The Securities and Exchange Commission today announced a $38.8 million settlement of charges against Akazoo S.A., a purported music streaming business based in Greece, for allegedly defrauding investors out of tens of millions of dollars in connection with a 2019 special purpose acquisition company (SPAC) business combination. Akazoo's assets were previously frozen as the result of an emergency action filed by the SEC in September 2020.

Moscow Exchange: Risk Parameters On Securities Market - Update

Date 27/10/2021

CCP NCC sets the following risk parameters on Securities market starting from 28.10.2021 :

Federal Reserve Board Invites Public Comment On A Technical Notice Of Review Regarding Primary Dealers Operating In Spain

Date 27/10/2021

The Federal Reserve Board on Wednesday invited public comment on a technical notice of review regarding primary dealers operating in Spain.