News Centre

MIAX Options - Reminder: Change To Minimum Trading Increment For All Series Of SPIKES Options

Date 27/10/2022

As previously announced in the October 5th Alert, a rule change to amend Interpretation and Policy .03 to Exchange Rule 510, Minimum Price Variations and Minimum Trading Increments, will be implemented on October 31, 2022, which will reduce the minimum trading increment for all series of SPIKES Options.

The EBA Sets Examination Programme Priorities For Prudential Supervisors For 2023

Date 27/10/2022

The European Banking Authority (EBA) today published the European Supervisory Examination Programme (ESEP) for 2023, which identifies key topics for supervisory attention across the European Union (EU). The ESEP is part of an annual cycle and contributes to enhancing supervisory convergence in the EU by providing common directions and focus areas for supervisors, which helps them shape their prudential supervisory priorities and respective practices.

Growth And Competitiveness − Speech By Sam Woods, Bank Of England Deputy Governor For Prudential Regulation And Chief Executive Officer Of The Prudential Regulation Authority, Given At Mansion House

Date 27/10/2022

Sam Woods sets out how independent regulators can support the UK as a global financial centre.

CFTC Commissioner Pham To Speak On A Panel At Singapore FinTech Festival

Date 27/10/2022

The Role Of The UK Financial Conduct Authority In A Changing Regulatory Landscape - Speech By Nikhil Rathi, FCA Chief Executive, Delivered At The Lord Mayor's City Banquet At Mansion House

Date 27/10/2022

Highlights

• Lessons can be learned for better regulatory and risk reporting both internationally and domestically following the disruptive market events in the last year.
• Upfront effort from firms in implementing the Consumer Duty should mean fewer new rules down the line.
• We will continue to embed competitiveness throughout our regulatory approach but it is vital that there is no compromise on consumer protection or market integrity. Those globally high standards are why the UK can be open to innovation.

The EBA Sets Examination Programme Priorities For Resolution Authorities For 2023

Date 27/10/2022

The European Banking Authority (EBA) published today the European Resolution Examination Programme (EREP) for 2023, which identifies key topics for resolution attention across the European Union. The EREP is aimed at shaping resolution authorities` work priorities and respective practices.

BIS: Triennial Survey Shows Global Foreign Exchange Trading Averaged $7.5 Trillion A Day In April 2022, OTC Interest Rate Derivatives $5.2 Trillion

Date 27/10/2022

• The 2022 Triennial Central Bank Survey shows foreign exchange (FX) trading rose to $7.5 trillion per day in April 2022 and trading of over-the-counter (OTC) interest rate derivatives dropped to $5.2 trillion per day, compared with 2019
• The US dollar maintained its place as the dominant currency, being on one side of 88% of all FX trades in April 2022 and 44% of global turnover of interest rate derivatives
• Sales desks in the United Kingdom remained the most important for both FX exchange and interest rate derivatives, although other locations' shares are growing

Apifiny Connect To Support Perpetual Futures Trading With Binance

Date 27/10/2022

Apifiny, (https://www.apifiny.com/), the multi-exchange crypto trading platform, announced today the launch of perpetual futures trading with Binance, available through Apifiny Connect. The move to broaden Apifiny’s offerings and introduce derivative trading will benefit sophisticated institutional traders who are looking for hedging and risk management options for their crypto portfolio.

Remarks Of CFTC Commissioner Christy Goldsmith Romero Before The International Swaps And Derivatives Association’s Crypto Forum 2022, New York

Date 27/10/2022

Thank you ISDA for the opportunity to speak to your members about cryptocurrency.  I taught law students about cryptocurrency in my advanced securities regulation course at Georgetown Law School, and then a cryptocurrency regulation course at the University of Virginia Law School.  Cryptocurrency was of natural interest given my decade as the Special Inspector General over TARP. 

Bank Of England - BIS Triennial Survey Of Foreign Exchange And Over-The-Counter Interest Rate Derivatives Markets In April 2022 – UK Data: Results Of Our Latest Survey Of Turnover In The Markets For Foreign Exchange And Over-The-Counter Interest Rate Derivatives

Date 27/10/2022

In April this year, central banks and monetary authorities in 52 countries, including the United Kingdom, conducted the latest triennial survey of turnover in the markets for foreign exchange and over-the-counter (OTC) interest rate derivatives. The survey is co-ordinated on a global basis by the Bank for International Settlements (BIS), with the aim of obtaining comprehensive and internationally consistent information on the size and structure of the corresponding global markets. The Bank of England conducted the UK survey, which covers the business of leading financial institutions located within the United Kingdom in these markets.