News Centre

Moscow Exchange: Risk Parameters Change On Security Market

Date 22/01/2021

CCP NCC sets the following risk parameters on Securities market starting from January 25, 2021:

BIS: Optimal Bank Leverage And Recapitalization In Crowded Markets

Date 22/01/2021

Summary

Focus

We study situations where banks need to swiftly recapitalise and analyse implications for banks' leverage and recapitalisation strategies. An ongoing example is the Covid-19 crisis, in which financial regulators have appealed to banks worldwide to manage their capital buffers wisely. Banks' private leverage choices ahead of such events can differ from what policymakers prescribe as socially optimal. In addition, not all recapitalisation strategies are equally well suited once systemic capital shortfalls arise. We offer a theoretical framework to study both of these issues.

Moscow Exchange: Risk Parameters Change For The Security IBM-RM- Update

Date 22/01/2021

As per the Securities market risk parameters methodology, on 22.01.2021, 17-48 (MSK) the lower bound of the price band (up to 8393) and initial margins (up to 19.5 %) for the security IBM-RM were changed. New values are available here

UK Financial Conduct Authority: Insider Dealer Walid Choucair Ordered To Pay £3.9 Million In Confiscation

Date 22/01/2021

In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court, Her Honour Judge Korner, CMG, QC made a consent confiscation order totalling £3,893,964.82 to be paid by Choucair.

Metapraxis Announces New Investment From And Alliance With AVANT Corporation - Investment Makes AVANT Second Largest Shareholder In Metapraxis

Date 22/01/2021

Metapraxis, the financial analytics technology business, today announces it has formed a strategic alliance with AVANT Corporation, a Japan-based technology business, listed on the First Section of the Tokyo Stock Exchange, focused on providing business applications for accounting, planning and management.

Nasdaq Appoints Jeremy Skule Chief Strategy Officer

Date 22/01/2021

Today, Nasdaq (NDAQ) announced Jeremy Skule has been appointed to the position of Executive Vice President and Chief Strategy Officer. Expanding his scope in this new role, Skule will lead the Global Strategy Organization to drive strategic planning, mergers and acquisitions, divestitures, venture investing, NasdaqNext innovation, and will be responsible for the company’s positioning as an innovative data, technology and analytics leader. In addition, he will also continue to oversee Nasdaq’s Marketing and Communications division, now part of Global Strategy.

SGX Reports 1H FY2021 Net Profit Of S$228 Million

Date 22/01/2021

Singapore Exchange (SGX) today reported 1H FY2021 adjusted net profit of S$228.0 million (S$213.9 million), with revenues of S$520.8 million (S$478.5 million). Adjusted EBITDA stood at S$321.2 million (S$298.8 million), while adjusted earnings per share was 21.3 cents (20.0 cents). Moving forward, to better reflect its underlying operating performance, SGX will disclose additional financial measures, which exclude items that have less bearing on its operating performance.

Digital Solution For SMEs Reaching Out To Investors

Date 22/01/2021

The Covid pandemic has accelerated the growth of digital technologies and many companies are now beginning to take a serious look at new ways of investor engagement and marketing, utilising the digital world to Increase brand awareness and expanding reach, opening the door to growth opportunities which might otherwise not be visible.

Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions Setting Interest Rates)

Date 22/01/2021

Market operations

Revised indicative calendar for the third series of targeted longer-term refinancing operations

On 12 January 2021 the Governing Council decided to extend by two weeks (i.e. until 21 January 2021) the deadline by which counterparties that had taken part in one of the first three operations in the third series of targeted longer-term refinancing operations (TLTRO III) had to submit an auditor’s evaluation of their first report and approved the amended indicative calendar for TLTRO III. The revised calendar is available on the ECB’s website.

Market Commentary On Bitcoin: Paolo Ardoino, CTO At Bitfinex

Date 22/01/2021

Following Bitcoin's volatility over the last 24 hours, Paolo Ardoino, CTO at Bitfinex commented:

"Cryptocurrencies have retreated today amid unsubstantiated speculation that a ‘double spend’ had occurred on the Bitcoin blockchain. In fact, what happened is that two blocks were mined simultaneously. As a consequence, there was a chain reorganization, which did not result in double spending. Those looking with glee at the sea of red across cryptocurrency markets today will come to realise that a long-term bet against bitcoin will be a losing one."