News Centre

Commodities Drop Sharply As The Global Economy Shuts Down, Energy Prices Tank As Western Europe Begins Social Isolation In Earnest, William May, Senior Economist, IHS Markit

Date 18/03/2020

After holding fairly steady between mid-February and early March, commodity prices as measured by the IHS Markit Materials Price Index (MPI), fell 3.6% last week, with market volatility hitting levels last seen during the financial panic of 2008. Aggressive moves by policymakers designed to steady markets had the opposite effect, with investors viewing their actions as confirmation of their worst fears.

EGX: Brokers Allowed To Receive Orders Via Email Or Mobile

Date 18/03/2020

As part of The Egyptian Exchange (EGX) and The Egyptian Financial Regulatory Authority (FRA) efforts for the development of the Egyptian capital market, EGX’s proposal permitting brokerage firms to receive orders via e-mail or mobile text messages has been approved by FRA provided that these means are stated in the contract and client’s declaration of responsibility documents.  This is one of the measures taken by the Egyptian market in light of the global circumstances markets are going through and the precautionary measures taken to reduce the spread of covid-19. 
 

Moscow Exchange: Risk Parameters Change For The Security XS0114288789

Date 18/03/2020

NSD Begins Disclosing Share Of Non-Resident Investment In Russian Government Bonds

Date 18/03/2020

The National Settlement Depository (NSD), part of the Moscow Exchange Group, has started publishing data on the share of Russian government bonds (OFZ) held by non-residents. Daily updates on the balances of OFZs per issue kept on accounts with the NSD will be published in the public domain.

MIAX Options - Delay Of Opening In SPY And SPIKES Targeting For 09:45

Date 18/03/2020

Due to recent market volatility, the MIAX Options Exchange will be delaying the opening in symbols SPY and SPIKES options with a targeted opening of 09:45 AM.

LME Ring Trading Update – COVID-19

Date 18/03/2020

MIAX Options: Updates To The SPIKES Special Settlement Auction Settlement Reference Price Opening Width And SPIKES Valid And Priority Quote Width Tables

Date 18/03/2020

Due to recent market volatility, MIAX Options has increased the maximum opening width parameters for the SPY options used in the SPIKES Special Settlement Auction. The Settlement Reference Price Opening Width and Valid and Priority Quote Width tables used for opening the SPY April 17, 2020 expiration have been adjusted accordingly.

TMX Group Pledges Support To Food Banks Canada In Response To COVID-19

Date 18/03/2020

TMX Group has donated $50,000 to Food Banks Canada, a national charitable organization dedicated to helping Canadians living with food insecurity, in support of Novel Coronavirus (COVID-19) response efforts across Canada.

MIAX Options: Handling Of SPIKES Settlement Process During Extreme Market Conditions

Date 18/03/2020

During extreme market conditions, MIAX Options may implement certain changes in regards to the opening of SPY options on SPIKES Settlement Day. These could include:

• Expanding the maximum quote widths for the Settlement Reference Price Opening Width and Valid and Priority Quote Width
• Delay the opening of SPY options used to calculate the final SPIKES Settlement Price
• If MIAX is not able to determine the final settlement value for SPIKES options, determine the final settlement value in accordance with The Options Clearing Corporation (OCC)’s By-Laws

Moscow Exchange Risk Parameters Changes - Update 3

Date 18/03/2020

Please follow the links below to access the information:

Risk parameters change for the security XS0088543193
Risk parameters change for the security XS0088543193

Risk parameters change for the security RU000A0ZZ083

Risk parameters change for the security ALRS