News Centre

Tradeweb Data Points: Government Bonds Update - March 2016

Date 06/04/2016

Key information:

• Almost two weeks after the U.S. central bank cut its GDP growth forecast for 2016 from 2.4% to 2.2%, Federal Reserve Chair Janet Yellen said on March 29 that the central bank must "proceed cautiously" in lifting interest rates.
• The ECB announced a new stimulus package for the European economy, including deeper interest rate cuts, a new series of longer-term financing operations and the expansion of the asset purchase programme to include non-bank corporate bonds.
• Japan became the second country after Switzerland to issue 10-year benchmark bonds at a negative interest rate.

Minutes Of The Federal Open Market Committee, March 15-16, 2016

Date 06/04/2016

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 15-16, 2016.

MIAX Options Exchange: MIAX 2016 Disaster Recovery Data Center Test Plan

Date 06/04/2016

MIAX will be participating in the annual SIFMA BCP test expected to take place in October 2016.

EBA Consults On Draft Amending Standards On CVA Proxy Spread

Date 06/04/2016

The European Banking Authority (EBA) launched today a public consultation on draft amending Regulatory Technical Standards (RTS) on credit valuation adjustment (CVA) proxy spread. These RTS propose limited amendments to Commission's Delegated Regulation (EU) No 526/2014 based on two policy recommendations contained in the EBA's CVA report published on 25 February 2015. Through the proposed amendments the EBA expects to ensure a more adequate calculation of own funds requirements for CVA risk. The consultation runs until 06 July 2016.

Moscow Exchange: Risk Parameters Change For Non-Principal Futures On April 6, 2016

Date 06/04/2016

According to Item 8 of the Principal and Non-principal Futures Listing Methodology (approved by the NCC Management Board on May, 29 2014), Xi parameters for non-principal futures were changed on April 06, 2016 at 7 p.m. (MSK).

Tradeweb Data Points: European Credit Update - March 2016

Date 06/04/2016

• Euro-based investment-grade corporate bond sales reached a record €30.6 billion following the ECB's announcement of a new stimulus package on March 10.
• The 24th version of Europe’s investment grade benchmark closed at 68 bps on March 11, its tightest closing spread since September’s index roll.
• The British steel industry suffered a blow on March 30 when Tata Steel revealed it was planning to sell its UK factories, citing high manufacturing costs, competition from China and a global oversupply as reasons.

European Parliament - Benchmarks: Restoring Confidence In The Financial Markets

Date 06/04/2016

Benchmarks are widely used to track market developments. As many financial transactions are linked to them, they can determine who benefits from investing in a particular financial product. However, financial scandals involving benchmarks such as Libor and Eurobibor have shown that they are susceptible to manipulation.On 7 April the economic affairs committee votes on new rules to ensure the full transparency of all benchmarks used in the EU.

ESMA Updates Its Q&A Document On Prospectus Related Issues

Date 06/04/2016

The European Securities and Markets Authority (ESMA) has updated its Questions and Answers document (Q&A) on prospectus related issues.

Electronification Of Trading - Speech By Edwin Schooling Latter, Head Of Markets Policy, FCA, Delivered At The FIX 2016 EMEA Trading Conference

Date 06/04/2016

With thanks to the FIX trading community for their invitation to today’s event, I’d like to take the opportunity to make a few remarks on how the FCA views the increasing electronification of trading, its implications and consequences. 

Toronto Stock Exchange And TSX Venture Exchange Kick-Off TSX Ignite Live Event Series - TSX Ignite Provides Essentials For Building And Funding Great Companies

Date 06/04/2016

Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) launched this year's TSX Ignite live event series today in Toronto. Founded in 2014 in collaboration with key members of the Canadian start-up community including incubators and accelerators, this innovative program is designed to help support the development of small and medium-sized enterprises.