News Centre

Cassini Systems Establishes Presence In APAC With New Office In Sydney To Serve Regional Buy-Side Community

Date 02/04/2020

Cassini Systems,  the leading provider of pre- and post-trade margin analytics for derivatives market participants, today announced its first physical presence in the Asia Pacific (APAC) region with the opening of a new office in Sydney, Australia.  The move follows the recent onboarding of a large Australian asset manager and significant interest in Cassini's services from other firms in Australia as well as throughout the region.

Special Meeting Of The SEC Small Business Capital Formation Advisory Committee Remarks, SEC Chairman Jay Clayton, April 2, 2020

Date 02/04/2020

Thank you, Carla (Garrett).  And thank you to the Committee members for convening this timely meeting.   

We are facing an unprecedented national challenge—a health and safety crisis that has required all of us, for our own sake, the sake of our families and friends, and in fact the sake of all Americans, to significantly change our daily behavior.  Many have made difficult personal sacrifices, and there have been many heroes in our collective fight against this virus—including our first responders, healthcare professionals, those who support them, and those who come to work every day to make sure our shelves our stocked, among many others.  We should always recognize them.

ESMA Consults On Clearing Solutions For Pension Scheme Arrangements Under EMIR

Date 02/04/2020

The European Securities and Markets Authority (ESMA) has today launched a public consultation on a range of issues regarding potential central clearing solutions for Pension Scheme Arrangements (PSAs) under the European Market Infrastructure Regulation (EMIR). The consultation is based on ESMA’s First Report to the European Commission documenting the progress made to date towards potential clearing solutions for PSAs.

EBA Publishes Guidelines On Treatment Of Public And Private Moratoria In Light Of COVID-19 Measures

Date 02/04/2020

Following the publication of its statement on the application of the prudential framework regarding default, forbearance and IFRS9 in light of COVID-19 measures, the European Banking Authority (EBA) published today more detailed guidance on the criteria to be fulfilled by legislative and non-legislative moratoria applied before 30 June 2020. The aim of these Guidelines is to clarify the requirements for public and private moratoria, which if fulfilled, will help avoid the classification of exposures under the definition of forbearance or as defaulted under distressed restructuring. 

The 17th Meeting Of The FSB MENA Group Discusses Regional Financial Stability And The Impact Of COVID-19

Date 02/04/2020

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) held its 17th RCG MENA meeting via a conference call today to discuss recent macroeconomic and financial market developments, including the financial stability implications from COVID-19.

Investors Remain Front Of Mind At The SEC: Approach To Allocation Of Resources, Oversight And Rulemaking; Implementation Of Regulation Best Interest And Form CRS, SEC Chairman Jay Clayto, April 2, 2020

Date 02/04/2020

Over 57 million American households are invested in our securities markets.  The interests of these individuals—our long-term Main Street investors—are the lens through which we evaluate whether we are effectively advancing the SEC’s mission.  The 4,500 women and men of the SEC are committed to these investors and the integrity of our markets.  The uncertainties caused by COVID-19 have not changed our perspective or commitment.   

Bank Of England - Asset Purchase Facility (APF): Additional Corporate Bond Purchases – Market Notice 2 April 2020

Date 02/04/2020

The Corporate Bond Purchase Scheme (CBPS or “the Scheme”) was launched in August 2016. It imparts monetary stimulus by lowering the yields on corporate bonds, thereby reducing the cost of borrowing for companies. It does this by triggering portfolio rebalancing into riskier assets by sellers of assets, and by stimulating new issuance of corporate bonds.

Convening Of The Annual General Meeting Of Euronext N.V.

Date 02/04/2020

Euronext today announced that the Annual General Meeting (AGM) will take place on Thursday 14 May 2020 at 10.30 CET, at Beursplein 5, 1012 JW Amsterdam, The Netherlands, subject to any legislative developments in the context of the current COVID 19 crisis.

Liquidnet - Liquidity Landscape report

Date 02/04/2020

Liquidnet, the institutional trading network, recently conducted a report titled Liquidity Landscape which analyses overall market volumes across different types of trading, click here to see here the full report.

US Federal Agencies Will Consider Comments On Volcker Rule Modifications Following Expiration Of Comment Period

Date 02/04/2020

Five federal financial regulatory agencies on Thursday announced that they will consider comments submitted before May 1, 2020, on their proposal to modify the Volcker rule’s general prohibition on banking entities investing in or sponsoring hedge funds or private equity funds—known as “covered funds.”