News Centre

First European Whistleblower Support Organization Launched On Anti-Corruption Day - New Non-Profit Group Advocates For Whistleblower Laws, Assists Citizens And Investigates Cases

Date 09/12/2020

Two leading non-profit organizations, Whistleblowing International (Berlin) and National Whistleblower Center (Washington, DC), today launched the first organization with a mission of securing stronger whistleblower laws in Europe and assisting European whistleblowers. The European Center for Whistleblower Rights is being announced today in recognition of the UN’s International Anti-Corruption Day.

Roadwork Ahead: Upgrading Market Data Infrastructure, SEC Commissioner Allison Herren Lee, Dec. 9, 2020

Date 09/12/2020

I am pleased to support this final rule which will upgrade the public market data – essentially stock trades, prices and other information – that is the lifeblood of equity trading markets. The rule is designed to improve both the content and speed of market data that is provided through public market data streams known as the Securities Information Processors, or “SIPs.” It also introduces competition into the aggregation and dissemination of SIP data, and overall is expected to enhance the value of the data while lowering costs to market participants.

Nigerian House Of Representatives And Nigerian Securities And Exchange Commission Express Support For NSE

Date 09/12/2020

The House of Representatives and Securities and Exchange Commission (SEC) of Nigeria have reiterated their support for the Nigerian Stock Exchange (NSE or The Exchange) as it continues to play a critical role in aiding Nigeria’s economic recovery and sustainable growth. This was made known at the enlightenment tour of the Committee on Capital Market and Institutions, Federal House of Representatives and the SEC to The Exchange on Wednesday, 9 December 2020.

Moscow Exchange: Calculation Of Stress Collateral Requirement During New Year/Christmas Public Holidays

Date 09/12/2020

CCP NCC is changing standard period of stress collateral requirement calculation and sets the following schedule:

Euronext: Quarterly Review Of The BEL 20®, BEL Mid® And BEL Small® Indices

Date 09/12/2020

Euronext today announced the quarterly review of the BEL 20®, BEL Mid® and BEL Small® indices. The change due to the review will be effective from Monday 21 December 2020.

BIS: Low Price-To-Book Ratios And Bank Dividend Payout Policies

Date 09/12/2020

Summary

Focus

When bank stock prices are low, relative to book value, banks have a stronger incentive to pay out dividends. But paying dividends reduces banks' capacity to lend and weakens their resilience to shocks. In response to the Covid-19 crisis, regulators and banking federations have set or recommended rules that banks should stop their dividend payouts or share buybacks in order to conserve their capital.

Moscow Exchange: Risk Parameters Change For The Security BIDU-RM

Date 09/12/2020

As per the Securities market risk parameters methodology, on 09.12.2020, 18-09 (MSK) the upper bound of the price band (up to 11925) and initial margins (up to 21.25 %) for the security BIDU-RM were changed. New values are available here

Statement On Adoption Of Market Data Infrastructure Rules Under Regulation NMS, SEC Chairman Jay Clayton, Dec. 9, 2020

Date 09/12/2020

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on December 9, 2020, under the Government in the Sunshine Act. The Commission today will consider a staff recommendation to adopt amendments to Regulation NMS to modernize the national market system for the collection, consolidation, and dissemination of information with respect to quotations for and transactions in national market system (“NMS”) stocks (“NMS market data”). Broadly speaking, these amendments would, first, expand the content of NMS market data that must be collected, consolidated, and disseminated as part of the national market system under Regulation NMS. Second, the amendments would modernize the way NMS market data is disseminated by replacing the existing centralized consolidation model with a decentralized consolidation model that features competing consolidators.

Moscow Exchange: Risk Parameters Change For The Security T-RM

Date 09/12/2020

As per the Securities market risk parameters methodology, on 09.12.2020, 17-38 (MSK) the upper bound of the price band (up to 2382) and initial margins (up to 15 %) for the security T-RM were changed. New values are available here

Successful Start For Eurex's New Options On Euro-Buxl® Futures

Date 09/12/2020

A little over two months at market and our new Buxl options are seeing impressive volume development: more than 78,000 contracts have traded since the launch in late September. We are seeing a strong liquidity picture in the order book with seven market makers providing prices.