News Centre

Previse Bolsters Team In Response To Increased Demand For InstantPay Technology

Date 15/02/2021

Previse, the AI fintech that gets suppliers paid instantly, has made two new hires to its London team.

FESE: Position On MiFIR Non-Discriminatory Access For ETDs

Date 15/02/2021

Key issue & request:

• The “Non-discriminatory” Access provisions under MiFIR constitute a serious risk to the EU financial stability and competitiveness as they undermine the ability of market infrastructures to ensure transparent and orderly trading, liquidity and clearing when applied to Exchange-Traded Derivatives (ETDs).
• We very much welcomed ESMA’s no action letter (here) and the delay of the entry into force of the MiFIR provisions by an additional year, until 4th July 2021, in respect of ETDs. This was included as part of the finalisation of the CCP Recovery and Resolution dossier in order to preserve financial stability in the Union. 
• This temporary relief, however, will soon elapse and will not solve the inherent Level 1 risks that the provisions will create, if applied in July 2021.

The World Federation Of Exchanges Welcomes EU’s Principles-Based Approach To Digital Resilience

Date 15/02/2021

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has responded to the EU’s proposals for a Digital Operational Resilience Act (DORA) for Financial Sectors.

Moscow Exchange FX And Derivatives Markets To Open At 7 am

Date 15/02/2021

From 1 March 2021, trading on Moscow Exchange’s FX and Derivatives Markets will open at 7 am MSK. This extends by three hours the trading day on these markets, which currently operate from 10:00 am to 11:50 pm MSK, bringing the trading day up to almost 17 hours.

Japan Financial Services Agency: Public Consultation On The Cabinet Office Order To Partially Amend The Regulation For Enforcement Of The Insurance Business Act

Date 15/02/2021

In order to simplify the application procedure for permission necessary for concluding insurance contracts with foreign insurers without a branch office, etc. in Japan, the Financial Services Agency (“FSA”) has now launched a public consultation on the Cabinet Office Order to Partially Amend the Regulation for Enforcement of the Insurance Business Act.

Tokyo Commodity Exchange: Changes To Static Circuit Breaker Ranges (SCB Range)

Date 15/02/2021

This is to inform you that Static Circuit Breaker Ranges (SCB Range) will be changed as below.

ASX Notification Of Dividend / Distribution

Date 15/02/2021

This is an update to a previous announcement.

New Zealand Financial Markets Authority: Guidelines For Financial Services Businesses And Staff Under COVID-19 Alert Level 2

Date 14/02/2021

Information on Alert Level 2 Public Health Requirements can be found here: 
https://worksafe.govt.nz/managing-health-and-safety/novel-coronavirus-covid/covid-19-alert-level-2-public-health-requirements-what-you-need-to-know/

New Zealand Financial Markets Authority: Guidelines For Financial Services Businesses And Staff Under COVID-19 Alert Level 2

Date 14/02/2021

Information on Alert Level 2 Public Health Requirements can be found here: 
https://worksafe.govt.nz/managing-health-and-safety/novel-coronavirus-covid/covid-19-alert-level-2-public-health-requirements-what-you-need-to-know/

Tokyo Stock Exchange, Osaka Exchange And Tokyo Commodity Exchange: Trading To Continue (As Normal) From Tomorrow (Feb. 15)

Date 14/02/2021

A magnitude 7.1 earthquake hit Fukushima and Miyagi prefectures on February 13. Despite this, trading on all markets of Tokyo Stock Exchange, Osaka Exchange and Tokyo Commodity Exchange is scheduled to continue as normal from tomorrow, February 15, and beyond.