News Centre

ESMA Updates Its Q&As On MiFID II And MiFIR Transparency And Market Structures Topics

Date 05/12/2019

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

UK Financial Conduct Authority: Building Operational Resilience: Impact Tolerances For Important Business Services

Date 05/12/2019

The Bank of England (the Bank), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have today published a shared policy summary and co-ordinated consultation papers (CPs) on new requirements to strengthen operational resilience in the financial services sector.

ESMA: EMIR RTS On Various Amendments To The Bilateral Margin Requirements And Joint Statement On The Introduction Of Fall-Backs In View Of The International Framework

Date 05/12/2019

The European Supervisory Authorities (ESAs) published today joint draft Regulatory Technical Standards (RTS) to amend the Delegated Regulation on the risk mitigation techniques for non-cleared OTC derivatives (bilateral margining) as well as a joint statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. Both RTS and the statement were developed to facilitate further international consistency in the implementation of the global framework agreed by the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO).

Chris Hemus, Director Of The IMF’s Corporate Services And Facilities Department Announces Retirement

Date 05/12/2019

Chris Hemus, Director of Corporate Services and Facilities Department of the International Monetary Fund (IMF) has announced his intention to retire from the Fund next year, with his last day of active service being January 31, 2020.

Deutsche Börse: Supervisory Board Of Deutsche Börse AG Nominates Martin Jetter As New Chairman

Date 05/12/2019

• IBM Manager to be elected immediately after Annual General Meeting 2020 
• Joachim Faber resigns after eleven years on the board

CFTC Adds 21 More Unregistered Foreign Entities To List For Apparent Illegal Operation - FTC’s Registration Deficient List (RED List) Grows To Nearly 150

Date 05/12/2019

As part of the U.S. Commodity Futures Trading Commission’s ongoing efforts to help protect Americans from fraud, today the CFTC added 21 unregistered foreign entities to its Registration Deficient List or “RED List,” bringing the total to 146.

Borsa Istanbul: As Part Of BIST KYD Indices, New Government Eurobond USD Indices Based On 0-5 Years, 5-15 Years And 15+ Years Maturities And (TRY) Return Versions Of These Indices Will Be Calculated As Of December 23, 2019

Date 05/12/2019

In order to enable portfolio managers to select appropriate benchmarks for portfolios with different maturity ranges, in addition to BIST-KYD Government Eurobond indices that are already being calculated and have no distinction in terms of maturity lengths, three new Government Eurobond USD indices based on 0-5 years, 5-15 years and 15+ years maturities  and (TRY) return versions of these indices will be calculated and published as of December 23, 2019. The codes, names and maturity ranges of the new indices are listed at the table below.

Borsa Italiana Monthly Update, November 2019

Date 05/12/2019

Click here to download Borsa Italiana's monthly update.

CME Group Announces Enhancements To NYMEX WTI Houston Crude Oil Futures Contract - New Product Specifications, Delivery Locations To Be Added In 2020

Date 05/12/2019

CME Group, the world's leading and most diverse derivatives marketplace, today announced enhanced product specifications and two additional delivery points for its WTI Houston crude oil futures contracts, pending regulatory review.

Tradeweb: Avg. Daily Volume Up 22% Year-Over-Year As Broad-Based Growth In Core Products Continues

Date 05/12/2019

• Average daily volume (ADV) across rates, credit, equities and money markets for Tradeweb Markets was $693.0 billion (bn) in November 2019, an increase of 22.0 percent (%) year over year (YoY). Average daily trades for the month totaled 52,896.
• For the month, Tradeweb continued to post broad-based growth in core products. Activity in U.S. credit set new records due in part to growth from portfolio trading, session-based trading and all-to-all trading. ADV in U.S. high grade credit rose 65.8% YoY to a record $3.5 bn, representing a record 15.7% of TRACE volume. ADV in U.S. high yield credit increased 29.6% to $374 million (mm), representing 4.3% of TRACE volume. Along the same lines, ADV in European credit of $1.5 bn represented the highest monthly total in more than a year and a half. Mortgage volume rose 37.1% YoY to ADV of $178.0 bn during the month. U.S. Treasuries volume rose 3.9% YoY to ADV of $81.3 bn. Interest rate derivatives trading increased 38.2% YoY to $178.7 bn, primarily attributable to longer tenor swaps and swaptions. Trading in Chinese bonds rose 113.3% YoY, registering the sixth consecutive month of ADV greater than $1.0 bn. Activity in European ETFs rose 38.7% YoY to $1.6 bn.