News Centre

MGEX Announces September Volume Numbers

Date 01/10/2020

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports the total exchange volume for September was 164,754 contracts traded, which makes this past month the third best September in the history of the exchange. With the addition of September’s numbers, the calendar year total exchange volume is currently 12% higher compared to 2019.

Finansinspektionen Analysis 22: Fewer High-Cost Short-Term Credits After New Rules

Date 01/10/2020

After the provisions regarding high-cost short-term credits were changed in 2018 – in part by introducing an interest rate ceiling and cost ceiling – these types of loans decreased sharply. It is probable that the reform has led to a decrease in the supply of high-cost short-term credits. It is also evident that several companies have stopped offering such loans.

Deutsche Börse: Cash Market Trading Volumes In September

Date 01/10/2020

Deutsche Börse’s cash markets generated a turnover of €149 billion in September (previous year: €121.2 billion).

CFTC Charges BitMEX Owners With Illegally Operating A Cryptocurrency Derivatives Trading Platform And Anti-Money Laundering Violations

Date 01/10/2020

The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court for the Southern District of New York charging five entities and three individuals that own and operate the BitMEX trading platform with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to implement required anti-money laundering procedures. This case is brought in connection with the Division of Enforcement’s Digital Asset and Bank Secrecy Act Task Forces.

Tokyo Stock Exchange: Treatment Of Trades From Friday, 2 October - Normal Trading Resumes

Date 01/10/2020

Currently, the Tokyo Stock Exchange is proceeding without problems toward resumption of trading at arrowhead and TSE plans to conduct trading on auction market and ToSTNeT market as usual from tomorrow and after.

SIX Trading Key Figures: September 2020

Date 01/10/2020

In September 2020 trading turnover on the Swiss Stock Exchange was up 34.3% compared to the previous month and reached CHF 129.0 billion, while the number of transactions increased by 21.4% to a total of 7,382,320. In comparison with the corresponding period last year, trading turnover was up by 23.9% to reach CHF 1,365.2 billion, while the number of trades rose by 66.8% to a total of 77,248,248. The SMI® rose by 0.5% and reached 10,187.0 points at the end of September.

EACH Response To The IOSCO Consultation Report "Principles On Outsourcing"

Date 01/10/2020

The European Association of CCP Clearing Houses (EACH) welcomes the opportunity to provide feedback to the IOSCO Consultation Report “Principles on Outsourcing”. As part of some general remarks regarding the principles on outsourcing defined in the consultation, EACH would like to stress that the importance of outsourcing is constantly increasing, and so is the need for a proper regulatory treatment. We therefore welcome IOSCO’s intention to assess the appropriateness of the existing outsourcing principles, particularly as regulated entities are facing a growing number and increasing complexity of regulatory requirements related to outsourcing.

BIS: How Does International Capital Flow?

Date 01/10/2020

Summary

Focus

Gross capital flows play a central role in today's policy debates. Yet current theory largely relies on net flow models of saving and current accounts. This limits the scope of policy advice.

Federal Reserve Board Extends Temporary Actions Aimed At Increasing The Availability Of Intraday Credit Extended By Federal Reserve Banks

Date 01/10/2020

The Federal Reserve Board on Thursday extended to March 31, 2021, temporary actions aimed at increasing the availability of intraday credit extended by Federal Reserve Banks on both a collateralized and uncollateralized basis. These temporary actions: (1) suspend uncollateralized intraday credit limits (net debit caps) and waive overdraft fees for institutions that are eligible for the primary credit program; (2) permit a streamlined procedure for secondary credit institutions to request collateralized intraday credit (max caps); and (3) suspend two collections of information that are used to calculate net debit caps.

UK Financial Conduct Authority: Statement On MiFID Trade Reporting And Position Limit Obligations

Date 01/10/2020

On 1 October, ESMA published a statement saying that it intends to assess UK trading venues in relation to its opinions on MiFIR trade reporting and commodity derivatives position limits.