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DTCC’s FICC Unveils Public-Facing Value At Risk (VaR) Calculator, Increasing Transparency For Market Participants - New FICC Tool Will Calculate The Value At Risk For A Given Portfolio, Providing Market Participants With Further Insight Into Market Value, Positions And Risk Profiles Ahead Of SEC Expanded U.S. Treasury Clearing Rule

Date 10/07/2024

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of a new public-facing Value at Risk (VaR) calculator. The calculator provides market participants with the ability to evaluate potential margin and Clearing Fund obligations associated with becoming a Member of DTCC’s Fixed Income Clearing Corporation (FICC) Government Securities Division (GSD).

ESMA Publishes Statement On Use Of Collateral By NFCs Acting As Clearing Members

Date 10/07/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today issued a public statement on deprioritising supervisory actions linked to the eligibility of uncollateralized public guarantees, public bank guarantees, and commercial bank guarantees for Non-Financial Counterparties (NFCs) acting as clearing members, pending the entry into force of EMIR 3.

Empower Executive Role Model − Speech By Afua Kyei, Bank Of England Executive Director, Finance, Given At The Google UK Headquarters, 6 Pancras Square, London

Date 10/07/2024

Afua Kyei, Chief Financial Officer at the Bank of England was honoured as the top female and number 2 overall on the Empower Global Executives Role Model List 2024, supported by YouTube.

mai-LiVEx To Kick Off Entrepreneurship Regional Roadshow In Chiang Mai Province

Date 10/07/2024

Market for Alternative Investment (mai) and LiVE Exchange (LiVEx) are set to launch the inaugural regional roadshow of 2024, themed "Unlocking Opportunities for Business Growth: Empowering Northern Businesses to Think Big." The roadshow aims to expand growth opportunities for businesses and prepare them for capital market access. Participants will gain insights from industry leaders and experts and access to business consulting services. The event is scheduled for July 12, 2024, at Regional Science Park North, Chiang Mai University.

ESMA Publishes Latest Edition Of Its Newsletter

Date 10/07/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter.

Eurex Launches Trade Offset Workflow With E-Trading Connectivity To Bloomberg

Date 10/07/2024

Eurex has launched the Trade Offset workflow, which helps users of cleared Interest Rate Swaps to optimize their portfolio by automating the close out process. The solution seamlessly connects Bloomberg’s electronic trading tools to the original Eurex trade record. Clients who need to close out a swap position at the Central Counterparty Clearing House (CCP) can retrieve their trade details by inputting the Eurex CCP ID into Bloomberg's trade register, TREG <GO>. The original swap details are then pulled directly from Eurex into this register. The exact offset of the original swap can then be sent to Bloomberg's List trading tool, BOLT IRS <GO>, for execution.

Cyprus Stock Exchange Monthly Bulletin, June  2024

Date 10/07/2024

The total value of transactions during the month in review reached € 27,87 million, with an average of € 1,47 million per trading session.

Nasdaq Dubai Welcomed Three New Sukuk Issuances By The Republic Of Indonesia Totalling USD 2.35 Billion

Date 10/07/2024

• Dubai is the world's leading center for Sukuk listings, with a total value of USD 96.39 billion.
• The listing solidifies the Republic of Indonesia's position as one of the leading Sukuk issuers on Nasdaq Dubai, with a total of 20 listings amounting to USD 24.1 billion.

Dubai Mercantile Exchange Announces Name Change To Gulf Mercantile Exchange Following Strategic Partnership With Saudi Tadawul Group

Date 10/07/2024

Dubai Mercantile Exchange (DME) is thrilled to announce that it will officially change its name to Gulf Mercantile Exchange (GME) effective September 2, 2024. This strategic rebranding follows the recent addition of Saudi Tadawul Group (STG) as a new strategic shareholder, marking a significant milestone in the Exchange’s growth and regional yet global expansion.

MiFIR Review: ESMA Launches New Consultations

Date 10/07/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is publishing today a new package of public consultations with the objective of increasing transparency and system resilience in financial markets, reducing reporting burden and promoting convergence in the supervisory approach.