News Centre

Finansinspektionen Lowers The Countercyclical Capital Buffer To Zero

Date 13/03/2020

The spread of the coronavirus disease is sending serious economic shocks throughout the world and in Sweden. There is currently widespread uncertainty about the future course of events and how far-reaching the economic impact will be. The economic disruptions and the greater uncertainty are also affecting the financial system. Finansinspektionen (FI) will therefore lower the countercyclical capital buffer requirement for banks from 2.5 per cent to 0 per cent. This corresponds to a reduction of around SEK 45 billion. The buffer is being lowered pre-emptively to ensure a well-functioning supply of credit, which helps firms and households maintain production, consumption and investments. 

Parts Of The Oslo Stock Exchange Building Closed Friday

Date 13/03/2020

An Oslo Børs employee has tested positive for COVID-19. The part of the building where the employee worked will be temporarily closed for disinfection.

Corporate Equity And Municipal Debt CUSIP Request Volumes Climb Higher - Data Through February Shows Strong Volume Of Pre-Market Activity

Date 13/03/2020

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for February 2020. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a significant surge in request volume for new corporate equity and municipal debt identifiers

Innovate Finance Statement On The COVID-19 Coronavirus For IFGS 2020 (As Of March 13, 2020)

Date 13/03/2020

It is with great regret that Innovate Finance has decided to cancel IFGS, scheduled to take place on April 20-21 at Guildhall, London, due to ongoing industry concerns around the spread of the COVID-19 virus.

Bank Of England: Minutes Of The Special Monetary Policy Committee Meeting Ending On 10 March 2020

Date 13/03/2020

The Monetary Policy Committee at its ending meeting on 10 March voted to cut Bank Rate to 0.25% and introduce a new Term Funding Scheme with incentives for SMEs.

EEX: Information On The Corona Virus (COVID-19)

Date 13/03/2020

EEX Group takes the situation very seriously and has taken comprehensive precautions with regard to the Corona Virus (COVID-19).
> to the customer information

COVID-19: European Commission Sets Out European Coordinated Response To Counter The Economic Impact Of The Coronavirus*

Date 13/03/2020

COVID-19 is a severe public health emergency for our citizens, societies and economies with infections in all Member States. It is also a major economic shock to the EU. The Commission therefore presents today an immediate response to mitigate the socio-economic impact of  the COVID-19 outbreak, centred on a European coordinated response.

Short Selling Ban - Duff & Phelps Comment

Date 13/03/2020

Nick Bayley, Managing Director and Head of Duff & Phelps’ Compliance and Regulatory Consulting practice says:

“With markets having been in freefall across the globe, some regulatory authorities have looked to short selling bans in an attempt to steady their markets, and the Spanish and Italian authorities’ bans have been duly implemented by the FCA.  However, the FCA has not itself banned short selling of any UK stocks yet and in my view is unlikely to do so, despite having the power under the EU Short Selling Regulation.  In the height of the global financial crisis, the FCA did briefly ban the short selling of financial stocks and it led to significant price dislocations and confusion in the market.  I fully expect that in this post-Brexit world, the ‘Northern European’ stance, that two views make a market and that short selling has a legitimate role, will continue to prevail here despite the market turmoil.”

Deutsche Boerse Group: Annual Report 2019

Date 13/03/2020

Deutsche Boerse Group has published its annual report 2019 today. It can be accessed here.

Moscow Exchange: Risk Parameters Change For The Security RU000A0ZZQN7

Date 13/03/2020

As per the Securities market risk parameters methodology, on 13.03.2020, 14-57 (MSK) the upper bound of the price band (up to 115.32) and initial margins (up to 20 %) for the security RU000A0ZZQN7 were changed. New values are available here