News Centre

Moscow Exchange: Risk Parameters Change For The Security NVTK

Date 19/03/2020

As per the Securities market risk parameters methodology, on 19.03.2020, 17-18 (MSK) the upper bound of the price band (up to 851.4) and initial margins (up to 31.25 %) for the security NVTK were changed. New values are available here

Bank Of England: Monetary Policy Summary For The Special Monetary Policy Committee Meeting On 19 March 2020 - Bank Rate Cut By 15 Basis Points To 0.1%

Date 19/03/2020

The spread of Covid-19 and the measures being taken to contain the virus will result in an economic shock that could be sharp and large, but should be temporary

Moscow Exchange Response To Coronavirus Pandemic

Date 19/03/2020

Moscow Exchange is operating as normal amid high volatility and trading volumes. The Exchange is taking all necessary measures to ensure operational continuity of its infrastructure during the coronavirus (COVID-19) pandemic.

Monetary Authority Of Singapore Announces US$60 Billion Swap Facility With The US Federal Reserve As Part Of Coordinated Central Bank Actions

Date 19/03/2020

The Monetary Authority of Singapore (MAS) announced the establishment of a US$60 billion swap facility with the US Federal Reserve (Federal Reserve).

IMF Announces Expedited Appointment Of Geoffrey Okamoto As First Deputy Managing Director

Date 19/03/2020

The IMF Executive Board has approved the expedited appointment of Mr. Geoffrey Okamoto as First Deputy Managing Director, effective March 19, 2020. IMF Managing Director Kristalina Georgieva originally proposed his appointment on March 12, 2020 with an effective start date of March 30.

Updated Business Continuity Plans For LME Base Metal Futures, Aluminium Premium Contracts And Cash-Settled Futures

Date 19/03/2020

Summary

1. This Notice restates and updates the Policy for establishing:
   • the Official and Closing Prices on LMEselect in the event the Ring is not available or disrupted; and
   • the Cash-Settled Future Daily Settlement Price for a number of Cash-Settled Futures in the event that trading is disrupted on LMEselect during the relevant VWAP window, (the “Policy”).
2. This Notice supersedes and replaces LME Notice 19/396, dated 05 December 2019, and appends an updated version of the Policy, which has been revised to include further detail on use by the Quotations Committee of expert judgement in the determination of Official Prices and Closing Prices for forward months.

Federal Reserve Announces The Establishment Of Temporary U.S. Dollar Liquidity Arrangements With Other Central Banks

Date 19/03/2020

The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve Bank of Australia, the Banco Central do Brasil, the Danmarks Nationalbank (Denmark), the Bank of Korea, the Banco de Mexico, the Norges Bank (Norway), the Reserve Bank of New Zealand, the Monetary Authority of Singapore, and the Sveriges Riksbank (Sweden). These facilities, like those already established between the Federal Reserve and other central banks, are designed to help lessen strains in global U.S. dollar funding markets, thereby mitigating the effects of these strains on the supply of credit to households and businesses, both domestically and abroad.

Itiviti And Gemini To Offer NYFIX Connectivity For Cryptocurrency Customers

Date 19/03/2020

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Gemini Trust Company, a next generation cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets, now enables cryptocurrency holders trade with their counterparties via NYFIX, Itiviti’s world-class FIX-based order routing network.

US Federal Bank Regulatory Agencies Issue Interim Final Rule For Money Market Liquidity Facility

Date 19/03/2020

To support the flow of credit to households and businesses, the federal bank regulatory agencies today announced an interim final rule to ensure that financial institutions will be able to effectively use a liquidity facility recently launched by the Federal Reserve Board.

Moscow Exchange: Risk Parameters Change For The Security RU000A0JRDY3

Date 19/03/2020

As per the Securities market risk parameters methodology, on 19.03.2020, 15-09 (MSK) the lower bound of the price band (up to 68.6) and initial margins (up to 50 %) for the security RU000A0JRDY3 were changed. New values are available here