News Centre

SIFMA Statement And Testimony Opposing Proposed New Jersey Financial Transaction Tax

Date 19/10/2020

SIFMA today issued the following statement from SIFMA president and CEO Kenneth E. Bentsen, Jr. on the New Jersey S2902/A4402 proposal, in conjunction with SIFMA testimony given today at the hearing before the New Jersey Assembly Committee on Financial Institutions and Insurance:

“SIFMA strongly opposes the imposition of a financial transaction tax (FTT) due to the cost to retirement savers, investors, businesses and the economy.  An FTT is nothing more than a sales tax on investors and it runs counter to many longstanding policies promoting savings and economic growth.  Moreover, in jurisdictions where an FTT has been implemented, it has never raised the expected revenue, yet it has resulted in a migration of trading volume to other jurisdictions which have not imposed an FTT, which is a predictable result in today’s predominantly electronic and globally connected markets."

Eurex: Navigating You Through Market Uncertainties: New Expiration Dates On Certain Dividend Futures

Date 19/10/2020

To counteract uncertainty and offer a broader choice to its customers, Eurex has introduced new maturities on Stock Dividend Futures and EURO STOXX 50® Index Dividend Futures.

Cboe Becomes Primary Listing Exchange For O'Shares ETFs

Date 19/10/2020

• OUSA, OGIG, OUSM, OEUR began trading on Cboe BZX Exchange on October 19
• O'Shares ETFs recently celebrated $1.0 billion AUM milestone and five-year anniversary since launch

MIAX Options Exchange - SPIKES Special Settlement Auction Settlement Reference Price Opening Width And Valid And Priority Quote Width Tables Used In The October 21, 2020 SPIKES Special Settlement Auction

Date 19/10/2020

Due to sustained market volatility, MIAX Options will continue to use the Settlement Reference Price Opening Width and Valid and Priority Quote Width tables detailed in MIAX Options Regulatory Circular 2020-11 for opening the SPY November 20, 2020 options used in the October 21, 2020 SPIKES Special Settlement Auction.

U.S. Economic Outlook, Monetary Policy, And Initiatives To Sustain The Flow Of Credit To Households And Firms, Federal Reserve Vice Chair Richard H. Clarida, At The Unconventional Convention Of The American Bankers Association, Washington, D.C. (Via Webcast)

Date 19/10/2020

It is my pleasure to meet virtually with you today at the Unconventional Convention of the American Bankers Association. I look forward to my conversation with Rob Nichols, but first, please allow me to offer a few remarks on the economic outlook, Federal Reserve monetary policy, and some of the initiatives we have announced to support the flow of credit to households and firms during these challenging times.

FESE: European Capital Markets Fact Sheet - Q3 2020

Date 19/10/2020

• IPOs and new listings soared quarterly, breaking with their Q2 trend.
• Equity market capitalisation and the number of listed companies experienced declines.
• Equity trades had a yearly surge but a strong quarterly fall.
• Options and futures trading suffered stark declines.
• Securitised derivatives and ETFs turnover increased on an annualised basis but had a divergent trajectory as they decreased quarterly, owing to an exceptional Q2.

Refinitiv Debuts Country Sustainable Development Scores To Measure How Extensively A Country Meets UN SDGs

Date 19/10/2020

• Investment managers and financial advisors to benefit from Refinitiv Country SDGs Scores – a transparent and objective measure of how well sovereigns align with SDGs - available on Refinitiv Eikon.
• Top 10 countries with the highest SDG scores include Norway, United Kingdom, Switzerland, Sweden, Netherlands, Iceland, Germany, Denmark, Finland, France. 

EBA Issues Opinion On Measures To Address Macroprudential Risk Following Notification By Finansinspektionen

Date 19/10/2020

The European Banking Authority (EBA) published today an Opinion following the notification by Finansinspektionen, the Swedish Financial Supervisory Authority (FSA), of its intention to extend a measure introduced in 2018, which aims at enhancing the resilience of Swedish banks to potential severe downward corrections in residential real estate markets. Based on the evidence submitted, the EBA does not object to the extension of such measure, which Finansinspektionen intends to apply to credit institutions that have adopted the Internal Rating-Based (IRB) Approach. The extension will be applied from 31 December 2020 until 30 December 2021.

Oslo Bors: Volue Admitted To Trading On Merkur Market

Date 19/10/2020

The cleantech company Volue has today been admitted to trading on Merkur Market (ticker code: VOLUE-ME).

BME: MARF Admits A 100 Million-Euro Commercial Paper Programme To Trading From Metrovacesa

Date 19/10/2020

BME’s Fixed Income Market, MARF, today has admitted Metrovacesa’s first Commercial Paper (CP) Programme to trading. This programme will allow the company to access new qualified investors to diversify its financing sources and place CPs with an outstanding balance of up to 100 million euros.