News Centre

Moscow Exchange: Risk Parameters Change For The Securities AKRN

Date 26/05/2015

The following risk parameters for the securities AKRN will be changed:

• Minimum level of Interest Risk Margin (Delta_1(2,3)_min) to 77% for the period from May 29, 2015 to June 03, 2015
• Lower REPO Penalty Rate (LPenRate) to —200% for June 02, 2015.

BVB And World Pensions Council Organize The First Annual Central & Eastern European Pension Investment Forum

Date 26/05/2015

On June 5, the Bucharest Stock Exchange (BVB) together with the World Pensions Council will organize the first annual Central & Eastern European Pension Investment Forum, in Bucharest. The event will host pension and social security institutions, reserve funds, central banks, insurers and asset managers from across Austria, Central Europe, the Baltics, the Balkans, Eastern Europe, Turkey, Russia and Central Asia.

First Options Trade Registered Via Straight-Through- Processing For Clearing At ECC

Date 26/05/2015

On 18 May, for the first time an Options trade was registered at the European Energy Exchange (EEX) for clearing at European Commodity Clearing (ECC) via Straight-Through-Processing (STP). The STP service enables transactions concluded or registered at the exchange to be routed to the clearing house automatically without the need for further manual intervention.

FSB Publishes Thematic Review On Supervisory Frameworks And Approaches For SIBs

Date 26/05/2015

The Financial Stability Board (FSB) published today a thematic peer review on supervisory frameworks and approaches for systemically important banks (SIBs).

HKEx: Partial Cancellation Of The Bonds Due To Conversion

Date 26/05/2015

Reference is made to the announcement made by Hong Kong Exchanges and Clearing Limited (“HKEx” or “Guarantor”) and HKEx International Limited (“Issuer”) jointly on 21 May 2015 in relation to an aggregate principal amount of US$334,338,000 (approximately HK$2,592,155,947.80), representing approximately 66.87 per cent of the initial aggregate principal amount of the US$500,000,000 0.50 per cent convertible bonds due 2017 (“Bonds”) constituted under the trust deed dated 23 October 2012 (as amended and restated effective 17 December 2012), which had been converted and cancelled in accordance with the terms and conditions of the Bonds (“Conditions”).

LME Takes Steps To Broaden Access To Electronic Trading

Date 26/05/2015

• Proposal to extend LMEselect access to category 3 and 4 members
• Increased flexibility to application criteria for LME members
• Introduction of pre-trade risk management system on LMEselect
• Implementation of rulebook provisions relating to incentive schemes

FTSE Starts Transition To Include China A Shares In Global Benchmarks

Date 26/05/2015

• FTSE announces transition to include China A Shares in global indexes
• Two new transitional emerging markets indexes launched
• Approximately 5% initial A Shares weighting in the FTSE Emerging inclusion indexes, rising to 32% when China A Shares become fully available to international investors

Euronext Announces Third Pan-European Days In New York And Boston

Date 26/05/2015

Euronext, the primary exchange in the Eurozone, today announced its third pan-European days in the United States aimed at raising the profile of its European listed companies among US investors.  It will be attended by nearly 60 large issuers from across all the Euronext countries[1], representing above  €400 billion ($445 billion) in market capitalisation, and more than 350 US investors, over four days from 1- 4 June. The event, which previously took place only in New York, has been extended to cover Boston this year for the first time.

The Fence And The Pendulum - Speech Given By Martin Taylor, External Member Of The Financial Policy Committee, Bank Of England - Based On Remarks Given At The International Association Of Credit Portfolio Managers Conference, London, Friday 22 May 2015

Date 26/05/2015

It is both a pleasure and a privilege to talk to you this morning. These are strange times in the world of credit, and you must all have strong nerves to be in the business of managing it. When I was first involved in finance, an unquestioned credit was defined as a borrower who would undoubtedly pay you back all that you had lent to them. Recently it has come to mean a borrower who will undoubtedly pay you back a little less than you lent. As a sub-investment grade speaker I shall try to give statistically-adjusted value today.

LCH.Clearnet Launches Buy-Side Clearing Of FX Derivatives In Europe

Date 26/05/2015

• European offering expands on ForexClear’s US client clearing model
• Four banks signed up as clearing brokers
• Variety of account structures provide end users with increased protection and asset segregation