News Centre

UK Financial Conduct Authority To Announce Further Support For Mortgage Borrowers Impacted By Coronavirus

Date 31/10/2020

This evening the Government announced further measures to control the spread of coronavirus (covid-19). As we adapted the support available to mortgage borrowers, we said we will keep it under review. As a result, on Monday 2 November, we will propose updates to our guidance to support mortgage borrowers. 

NSE Indices Index Dashboard For The Month Ended October 2020

Date 31/10/2020

Click here to download the NSE Indices Index Dashboard for the month ended October 2020.

BOX Exchange Order And Quote Message Behavior

Date 30/10/2020

BOX Exchange LLC (“BOX” or the “Exchange”) is distributing this Regulatory Circular to inform Participants that each order message and quote message that a Participant submits to BOX must contain the minimum information identified in the Exchange’s technical specifications. Intentionally splitting order messages and/or quote messages among multiple packets in an attempt to increase message transmission speed and/or priority may be considered a violation of Exchange Rule 3000 (Just and Equitable Principles of Trade).

Keeping Markets On An Even Keel: How Clearinghouse Strength Provides Resilience, Published By: John Davidson, Chief Executive Officer, OCC Oct 2020

Date 30/10/2020

For most people, the name Lehman Brothers evokes the worst days of the 2008 financial crisis. For OCC and other central counterparty (CCP) clearinghouses, it represents an inflection point that demonstrated how crucial CCPs are in providing operational and financial resiliency for financial markets. Throughout volatile times, including those seen so far this year, centrally cleared markets have continued to deliver stability and market integrity for investors.

S&P Dow Jones Indices Europe Dashboard

Date 30/10/2020

• European equities slid sharply lower in October after a resurgence in cases of COVID-19 led to increased restrictions across the continent. 
• Both U.K. equities and the pan-regional S&P Europe 350® saw their worst monthly performance since March. 
• Volatility spiked up on both sides of the Atlantic, with forward-looking indicators pointing to further chop ahead.  

US Federal Agencies Release Paper On Operational Resilience

Date 30/10/2020

Federal bank regulatory agencies today released a paper outlining sound practices designed to help large banks increase operational resilience. Examples of risks to operational resilience include cyberattacks, natural disasters, and pandemics

Nadex Temporarily Amends Binary Contracts Strike Width

Date 30/10/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of October 26, 2020 as indicated in the Weekly Notice. 

CFTC Commitments Of Traders Update

Date 30/10/2020

The current reports for the week of October 27, 2020 are now available.

Nadex Refrains From Listing Certain Contracts

Date 30/10/2020

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions: 

• No EUR/JPY, GBP/JPY, or GBP/USD 5-Minute contracts were listed for the 6:05pm through 6:15pm ET expiration times on trade date October 27, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm ET expiration time on trade date October 29, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm or 6:10pm ET expiration times on trade date October 30, 2020.

Corrected: Smile Curve Changes As Securities Value Chain Evolves, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 30/10/2020

Smile curve is a graphical depiction of an industry’s value chain. The beginning (the rarely found strategies/ engineering skills/ intellectual properties) and the tail-end (multi-facets fulfillment/ services/ user experience) are supposed to command the highest values-added than the middle part (assembly/ matching/ intermediate). A healthy industry should have the curve in a U-shape (i.e. respective constituents are able to earn profits in accordance to values they contributed). Unfortunately, our capital markets’ smile curve has turned into a frown, an upside down U-Shape.