News Centre

BOX Options Market: Production Firewall Upgrade

Date 05/03/2021

On March 20, 2021, BOX Options Market (“BOX”) will upgrade the production firewalls in the BOX system.

Moscow Exchange: Risk Parameters Change For The Securities TSLA-RM, BIDU-RM, PYPL-RM, PTR-RM

Date 05/03/2021

Please follow the links below to access the information:

Risk parameters change for the security TSLA-RM
Risk parameters change for the security BIDU-RM
Risk parameters change for the security PYPL-RM
Risk parameters change for the security PTR-RM

ISDA derivatiViews: LIBOR Cessation And The Impact On Fallbacks

Date 05/03/2021

It’s long been clear that LIBOR can’t be relied upon after the end of 2021, but today’s announcement by the UK Financial Conduct Authority (FCA) on LIBOR’s future will likely put a rocket on transition efforts. As well as giving firms a clear timetable for when they need to shift to alternative reference rates, the derivatives industry also now has clarity on exactly when new fallbacks for outstanding LIBOR exposures will kick in, as well as the spread adjustments that will be added to the adjusted risk-free rates (RFRs) in the fallback methodology.

February 2021 Monthly Figures At Eurex - OTC Clearing Continues Strong Performance In February

Date 05/03/2021

The positive trend in OTC clearing at Eurex continued in February. Notional outstanding volume grew by 10 percent year-on-year to EUR 19,903 billion in February 2021 while average daily cleared volume increased by 15 percent across the same period. Longer dated interest rate swaps saw the largest increase, up 44 percent – from EUR 12 billion in February 2020 to EUR 18 billion in February 2021.

Israel Securities Authority Granted The Right To Open “Alternative Stock Exchange

Date 05/03/2021

For the first time in history, the Israel Securities Authority, a leader in the regulatory space, has been granted the right to open an “alternative stock exchange.” The Authority (the country’s securities regulator) has been given permission to allow DLT (Distributed Ledger Technology) Securities Exchanges to operate from Israel. What this means, in effect, is the creation of a second stock exchange, which could establish new digital and other more sophisticated trading platforms, based on the blockchain.

Remarks On Challenges To The Economic Outlook - Speech By Jonathan Haskel, External Member Of The Monetary Policy Committee, Bank Of England - Given At The Centre For Economic Policy Research And The University Of Chicago Booth School Of Business Webinar

Date 05/03/2021

Jonathan Haskel reflects on some of the economic issues the Monetary Policy Committee (MPC) at the Bank of England has been considering in response to the Covid pandemic.

CurveGlobal Markets LIBOR Cessation Trigger Event

Date 05/03/2021

Market  Notice  2021/005  announced  the  CurveGlobal  Markets  LIBOR  cessation  fallback  provisions  for  the CurveGlobal® Three Month Sterling Futures and the CurveGlobal® 1 Million Three Month Sterling Futures contracts (“the CurveGlobal® LIBOR futures”).

ISDA Guidance: UK FCA Announcement On The LIBOR Benchmarks

Date 05/03/2021

ISDA has published guidance related to today’s announcement by the UK Financial Conduct Authority (FCA) on the future cessation and loss of representativeness of the LIBOR benchmarks. The guidance covers euro LIBOR, sterling LIBOR, Swiss franc LIBOR, US dollar LIBOR, yen LIBOR, the Singapore dollar Swap Offer Rate and the Thai Baht Interest Rate Fixing.

ACER Webinar On Electricity Network Tariffs (19th March)

Date 05/03/2021

Registration is open for the ACER webinar on electricity network tariffs.
The webinar takes place (on webex) on Friday, 19 March 2021, 10.00 - 11.00 CET

Borsa Istanbul: About The Amendments Regarding The Trading Principals Of Equity Market

Date 05/03/2021

With the amendment of the Communiqué on Margin-Trading, Short Sale and Borrowing and Lending, for the equities in the BIST Stars Market, the "Margin Ratio" has been determined as 90%, and the "Open Clearing Position/Margin Ratio" as 20%. In addition, two issues have been added as separate paragraphs to the relevant articles of the Equity Market Directive and the Equity Market Procedure.