News Centre

CUSIP Request Volume Surges In December, Driving Total 2020 Volumes For Corporate And Municipal Securities Above 2019 Totals - Volatile 2020 Ends With Municipal Volumes Up 10% And Corporate Volumes Up 7%

Date 19/01/2021

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for December 2020. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly increase in request volume for new corporate and municipal identifiers. On a year-over-year basis, total CUSIP request volume for corporate and municipal securities surpassed those seen in 2019.

Moscow Exchange Changes The Tick Size From The 1st Of February 2021

Date 19/01/2021

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 1st February 2021 in the following trading modes:

MNI Chicago Business Barometer™- December Adjusted Lower - Activity In Second Half Of 2020 Softer After Revision

Date 19/01/2021

The Chicago Business Barometer^TM, produced with MNI, was revised down to 58.7 in December from 59.5, as the result of the seasonal adjustment recalculation.

Moscow Exchange: Standard Lot Size Changes On The Equity & Bond And Repo Markets Effective March 1, 2021

Date 19/01/2021

Effective March 1, 2021 Moscow Exchange will change the standard lot size for the below securities:

EDI Welcomes SEC Approval Of New Issue Database For US Corporate Bonds

Date 19/01/2021

Exchange Data International (EDI) welcomes this initiative in promoting transparency in the US corporate bond market and the benefits that this will undoubtedly bring throughout the market.

Platform For Collaboration On Tax’s New Toolkit Helps Countries Implement Effective Transfer Pricing Documentation Requirements

Date 19/01/2021

The Platform for Collaboration on Tax (PCT), a joint initiative of IMF, OECD, UN and the World Bank, released the final version of the Practical Toolkit to Support the Successful Implementation by Developing Countries of Effective Transfer Pricing Documentation Requirements.

Fiserv Announces Executive Leadership Appointments - Byron Vielehr Appointed Chief Digital And Data Officer - Neil Wilcox Appointed Head Of Corporate Social Responsibility

Date 19/01/2021

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced executive leadership appointments for two newly created positions, capitalizing on its internal leadership talent and building on its commitment to continuous innovation and to delivering value for clients and other stakeholders.

LME Issues Discussion Paper On Future Market Structure

Date 19/01/2021

LME issues discussion paper on future market structure

• Proposals to enable the LME to modernise and create a metals market fit for the future, adapting to the needs of its evolving customer base and expectations from wider stakeholders
• LME remains committed to strategic principles laid out in 2017 Strategic Pathway
• Proposals focus on the Ring, liquidity enhancement, margin methodology and market conduct
• Commitment to maintain date structure and protect the flexibility offered through the member-to-client relationship

BME Will Launch An AI-Based Roboadvisor Service

Date 19/01/2021

• The software will allow financial institutions to optimise their investment recommendation process individually for each investor and at any time
• The algorithm learns with each iteration, understanding the preferences and knowledge of each investor, thus generating optimal portfolios

EEX 2020 Annual Volumes: EEX Group continues to strengthen its global position in a year of exceptional change

Date 19/01/2021

In 2020, EEX Group continued to strengthen its position in the global commodity exchange space by posting significant volume increases across the majority of its energy and commodity portfolio. The major growth drivers were the European power markets, the environmental markets in Europe and North America and the global dry freight markets. Throughout the year, EEX Group continued to build and develop markets together with its customers and further extended its reach into Asia with the successful entry into the Japanese Power market.
Peter Reitz, CEO of EEX, comments: “In 2020, we realised many major ambitions. We reconfirmed our position as the number one exchange group in power trading worldwide, we retained our position as Europe’s leading gas spot exchange and became a major global force in freight trading by gaining the majority share of open interest in the dry freight market. Most importantly, in a year where the entire world has had to adapt to working alongside a global pandemic, we were able to support our customers through this time of exceptional change.”