News Centre

From Hot Air To Cold Hard Facts: How Financial Markets Are Finally Getting A Grip On How To Price Climate Risk And Return – And What Needs To Happen Next - Speech By Andrew Hauser, Bank Of England, Executive Director, Markets, Given At The Investment Association, London

Date 16/10/2020

Andrew Hauser talks about the role capital markets, including asset managers, have to play in tackling climate change.

He looks at the challenges markets have faced so far and says he is seeing real change this year.

Tether Token Transaction Volume On Ethereum Hits US$600 Billion Cementing Exchange Trading Dominance, Glassnode Finds

Date 16/10/2020

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$600 billion in cumulative transaction volume on Ethereum ERC 20 tokens, according to Glassnode, an on-chain blockchain analytics data provider.

Moscow Exchange To Set Max Price Deviations In Execution Of Market Orders On The Equity And Bond Market

Date 16/10/2020

Beginning on 2 November 2020, Moscow Exchange will set price deviation limits for execution of market orders on the Equity Market to help investors enter orders in equities and bonds without errors, as well as protect them from losses arising from substantial price movements.

Bitfinex Launches Staking Rewards For Polkadot (DOT)

Date 16/10/2020

Bitfinex, a state-of-the-art digital tokens trading platform, has announced staking rewards for Polkadot (DOT), the native token powering Polkadot, an open-source project enabling interoperability between different blockchains.

SEC Releases Agenda For October 26 Roundtable On Regulation Best Interest And Form CRS

Date 16/10/2020

The Securities and Exchange Commission today announced the agenda and panelists for the October 26, 2020, roundtable where Commission staff and FINRA will discuss initial observations on Regulation Best Interest and Form CRS implementation.

Cboe Global Markets Agrees To Acquire BIDS Trading, The Largest Independent Block Trading ATS In The U.S.

Date 16/10/2020

• Planned transaction provides Cboe with a meaningful presence in the substantial off-exchange segment of the U.S. equities market
• Complements and expands spectrum of equity trading products, services and solutions available from Cboe's businesses to enhance customers' trading experience
• Builds on successful and innovative partnership between Cboe and BIDS Trading, which began with the launch of Cboe LIS in 2016, now one of the largest block trading platforms in Europe
• BIDS Trading to operate as an independently managed trading venue separate from the Cboe U.S. securities exchanges
• Acquisition expected to be immediately accretive to earnings; expected to contribute $0.05 - $0.06 to adjusted earnings per share in 2021

ACER Launches Its New Website As A Platform For Further Engagement

Date 16/10/2020

The European Union Agency for the Cooperation of Energy Regulators (ACER) has launched its new website, accompanied by the new digital identity and revamped logo, to make its work more accessible for stakeholders and decision-makers across Europe.

FSB Publishes Global Transition Roadmap For LIBOR

Date 16/10/2020

The Financial Stability Board (FSB) today published a global transition roadmap for LIBOR. The roadmap sets out a timetable of actions for financial and non-financial sector firms to take in order to ensure a smooth LIBOR transition by end-2021.

Moscow Exchange Changes The Tick Size From The 2nd Of November 2020

Date 16/10/2020

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 2nd November 2020 in the following trading modes:

• Main trading mode Т+ ("Т+2" order book)
• Odd lots trading mode
• Dark pool trading mode
• IIR sector* — Main trading mode Т+
• Negotiated trades mode (NTM)
• NTM with CCP trading mode
• IIR sector — NTM trading mode
• IIR sector — NTM with CCP trading mode

BME Admits A 500 Million-Euro Bond To Trading From Inmobiliaria Colonial

Date 16/10/2020

• The transaction, with a 1.350% coupon, allows the company to extend terms and reduce its debt servicing costs
• The issue comes under the 5 billion-euro Programme that the company repatriated to Spain in November 2018