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Towards End Of The Transition Period: Getting Ready For A New Environment - Speech Delivered By Nausicaa Delfas, FCA Executive Director Of International, At The UK’s Regulatory Regime For Financial Services Summit

Date 12/11/2020

Highlights

• we should all continue to prepare ahead of the UK’s exit from the transition period, and not be complacent
• we will ensure that our regulatory approach to financial services remains effective and appropriate now that we have left the EU; and 
• we will build on our global role outside the EU, whilst demonstrating our continued commitment to open markets, free trade, and the highest international standards of regulation

2020 has been a significant year. On 31 January 2020, the UK left the EU. A few weeks later, impacts of the Covid-19 pandemic were felt here and across the world.

The Impact Of Leveraged Investors On Market Liquidity And Financial Stability - Speech By Jon Cunliffe, Bank Of England Deputy Governor Financial Stability, Member Of The Financial Policy Committee, Member Of The Monetary Policy Committee And Member Of The Prudential Regulation Committee - Given At The Managed Funds Association Global Summit 2020

Date 12/11/2020

Jon Cunliffe reviews the extreme turmoil in financial markets in March – the so-called ‘dash for cash’. He considers the important lessons to be learned about what functioned well, what proved fragile under stress and, if so, what can be improved. 

Moscow Exchange: Risk Parameters Change For The Security RU000A0JV8G3

Date 12/11/2020

As per the Securities market risk parameters methodology, on 12.11.2020, 17-57 (MSK) the lower bound of the price band (up to 90.13) and initial margins (up to 16.25 %) for the security RU000A0JV8G3 were changed. New values are available here

EEX To Launch Cash-Settled Gas Futures On The European Gas Spot Index (EGSI) - New Products To Be Launched Together With Spark Spreads Thereby Linking The Gas And Power Markets Of EEX

Date 12/11/2020

The European Energy Exchange (EEX) plans to launch cash-settled Gas Futures on the European Gas Spot Index (EGSI) as well as associated cash-settled Spark Spreads within the first quarter of 2021.

First Buy-Side Client Inflation Swap Trades Cleared At Eurex

Date 12/11/2020

• Aegon Asset Management becomes the first buy-side client to clear Zero Coupon Inflation Swap transactions at Eurex; J.P. Morgan acted as executing and clearing broker
• Eurex continues to see regular dealer-to-dealer volumes since the first transactions were cleared in June

Nigerian Stock Exchange Triggers Circuit Breaker To Guard Against Sharp Market Fluctuations

Date 12/11/2020

The Nigerian Stock Exchange ("NSE" or "The Exchange") has announced that a market-wide circuit breaker kicked in today, Thursday, November 12, 2020, at 12:55p.m. when the NSE All-Share Index (NSE ASI) rose beyond the set threshold of 5%, triggering a 30-minute trading halt of all stocks. This was the first time that the circuit breaker had kicked in since its introduction in 2016.

TheCityUK: Financial Services Is The Largest Services Export For Nearly All Parts Of The UK

Date 12/11/2020

A new report from TheCityUK shows financial services to be the biggest exporting service sector in every British region and nation apart from the South East and the East of England.

ESMA Publishes Third Annual Report On Use Of Sanctions For UCITS

Date 12/11/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes its 2019 report on the use of supervisory sanctions by National Competent Authorities (NCAs) under the Undertakings for Collective Investments in Transferrable Securities (UCITS) Directive. 

LiquidityBook Launches Standalone CAT Reporting Solution - Early Clients, Including Industry-Leading Outsourced Trading Solutions Provider Tourmaline Partners, See Immediate Cost, Performance And Functionality Benefits

Date 12/11/2020

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the launch of a new Consolidated Audit Trail (CAT) reporting solution. CAT reporting has always been among the sell-side reporting functionalities available to LiquidityBook’s OMS customers, but demand from non-OMS clients prompted the firm to develop a solution on a standalone basis for those who using either a competing OMS or no OMS at all.

Coinbase Custody Expands Bison Trails Integration To Add Staking Support For Celo

Date 12/11/2020

Bison Trails (https://bisontrails.co/), the premier blockchain infrastructure-as-a-service company, announced today it has expanded its integration with Coinbase Custody to add staking support for CELO, the utility and governance token that enables participation on Celo's mobile-first, Proof-of-Stake (PoS) blockchain network.