News Centre

Sovereign Markets, Global Factors, Federal Reserve Vice Chair Richard H. Clarida, At "Fostering A Resilient Economy And Financial System: The Role Of Central Banks" 25th Annual Financial Markets Conference, Sponsored By The Center For Financial Innovation And Stability, Federal Reserve Bank Of Atlanta, Amelia Island, FL (Via Webcast)

Date 17/05/2021

Good morning, and thank you, Raphael. I am delighted to participate in the 25th Financial Markets Conference, sponsored by the Federal Reserve Bank of Atlanta, which this year focuses on the role of central banks in fostering a resilient economy and financial system.

Tether Tokens (USDt) To Launch On Avalanche

Date 17/05/2021

Tether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, will launch Tether tokens (“USDt”) on Avalanche, an open-source platform for launching highly decentralized applications, new financial primitives and interoperable blockchains.

Fiserv to Host Virtual Annual Meeting of Shareholders on May 19, 2021

Date 17/05/2021

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, will hold the 2021 Annual Meeting of Shareholders virtually on Wednesday, May 19, 2021 at 10 a.m. CT.

CME Group To Launch Micro WTI Futures On July 12

Date 17/05/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will expand its suite of micro-sized futures contracts with the introduction of Micro WTI futures.  The contracts are expected to launch on July 12, pending regulatory review.

TMX Group CEO John Mckenzie To Present At The Barclays Americas Select Franchise Conference

Date 17/05/2021

TMX Group Chief Executive Officer John McKenzie will present at the Barclays Americas Select Franchise Conference on May 18, 2021 at 1:00 p.m. ET.

ICE Benchmark Administration Launches GBP SONIA Spread-Adjusted ICE Swap Rate® ‘Beta’ Settings

Date 17/05/2021

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (“IBA”) has launched GBP SONIA Spread-Adjusted ICE Swap Rate® ‘Beta’ settings.

SEC Charges S&P Dow Jones Indices for Failures Relating to Volatility-Related Index

Date 17/05/2021

The Securities and Exchange Commission today announced settled charges against S&P Dow Jones Indices LLC for failures relating to a previously undisclosed quality control feature of one of its volatility-related indices, which led S&P DJI to publish and disseminate stale index values during a period of unprecedented volatility. 

European Investment Bank Extends Its Membership At LCH

Date 17/05/2021

• European Investment Bank (EIB) has extended its membership of LCH SA to access RepoClear’s offering for clearing for bond and repo transactions across 13 European markets
• EIB is able to access the largest European pool of cleared debt, benefiting from the risk management efficiencies of central clearing
• EIB became the first supranational member of LCH SA’s €GCPlus service in July 2020
• LCH operates an open access model, connecting to multiple trading venues and CSDs to best support members’ choice

ESAs’ Report On The Implementation And Functioning Of The Securitisation Regulation

Date 17/05/2021

The Joint Committee of the European Supervisory Authorities (ESAs – European Banking Authority, European Insurance and Occupational Pensions Authority, and European Securities and Markets Authority) published today its analysis of the implementation and the functioning of the EU Securitisation Regulation (SECR), including recommendations on how to address initial inconsistencies and challenges, which may affect the overall efficiency of the current securitisation regime. The Report is meant to provide guidance to the European Commission in the context of its review of the functioning of the SECR. It also provides initial inputs to the ongoing discussion on the efficiency of the securitisation framework given the role that securitisation could play in the recovery post the Covid-19 pandemic.

The EBA Publishes Report On Member States’ Reliance On External Credit Ratings

Date 17/05/2021

The European Banking Authority (EBA) published today a Report, which analyses the extent to which Member States' national law relies on external credit ratings. Based on a survey among EU banking supervisors, no mechanistic reliance on external credit ratings was identified. Furthermore, using EBA supervisory reporting data, the Report shows that the use of external credit ratings in the calculation of risk-weighted exposure amounts (RWEA) under the standardised approach, and under the External Ratings Based Approach (SEC-ERBA) of the securitisation framework is limited. The EBA’s assessment will ensure a comprehensive overview of the reliance on ratings for regulatory purposes ahead of the implementation of Basel III reforms into the EU legislative framework.