News Centre

Eurex: Clarification Of The Scope Of Short Selling Bans Imposed By European National Authorities

Date 19/03/2020

Please note that with a view to index products traded on Eurex, the German Federal Financial Supervisory Authority (BaFin) has clarified on its webpage the scope of the short selling bans introduced in March 2020 by several European national authorities. 

EEX And EPEX SPOT Take Part In Public Consultation On ARENH Reform

Date 19/03/2020

EEX and EPEX SPOT welcome the public consultation on the reform of the ARENH mechanism, the regulated access to incumbent nuclear electricity in France. EEX and EPEX SPOT have actively contributed to the debates on the reform of ARENH during recent years and have regularly drawn attention to the negative impact of the current mechanism on the functioning of markets and the relevance of the French and European price signal. The replacement of ARENH with a market-based mechanism is an evolution necessary which should take place as soon as possible. The new proposal would bring a significant and welcome improvement towards market principles.

FINRA - New Research: Female Investors Lag Behind Male Counterparts In Investment Knowledge And Confidence

Date 19/03/2020

Female investors lag behind their male counterparts when it comes to investment knowledge and confidence, according to new research conducted by the FINRA Investor Education Foundation (FINRA Foundation) and the George Washington University School of Business' Global Financial Literacy Excellence Center (GFLEC).

Moscow Exchange: Risk Parameters Change For The Security NVTK

Date 19/03/2020

As per the Securities market risk parameters methodology, on 19.03.2020, 17-18 (MSK) the upper bound of the price band (up to 851.4) and initial margins (up to 31.25 %) for the security NVTK were changed. New values are available here

Bank Of England: Monetary Policy Summary For The Special Monetary Policy Committee Meeting On 19 March 2020 - Bank Rate Cut By 15 Basis Points To 0.1%

Date 19/03/2020

The spread of Covid-19 and the measures being taken to contain the virus will result in an economic shock that could be sharp and large, but should be temporary

Moscow Exchange Response To Coronavirus Pandemic

Date 19/03/2020

Moscow Exchange is operating as normal amid high volatility and trading volumes. The Exchange is taking all necessary measures to ensure operational continuity of its infrastructure during the coronavirus (COVID-19) pandemic.

Monetary Authority Of Singapore Announces US$60 Billion Swap Facility With The US Federal Reserve As Part Of Coordinated Central Bank Actions

Date 19/03/2020

The Monetary Authority of Singapore (MAS) announced the establishment of a US$60 billion swap facility with the US Federal Reserve (Federal Reserve).

IMF Announces Expedited Appointment Of Geoffrey Okamoto As First Deputy Managing Director

Date 19/03/2020

The IMF Executive Board has approved the expedited appointment of Mr. Geoffrey Okamoto as First Deputy Managing Director, effective March 19, 2020. IMF Managing Director Kristalina Georgieva originally proposed his appointment on March 12, 2020 with an effective start date of March 30.

Updated Business Continuity Plans For LME Base Metal Futures, Aluminium Premium Contracts And Cash-Settled Futures

Date 19/03/2020

Summary

1. This Notice restates and updates the Policy for establishing:
   • the Official and Closing Prices on LMEselect in the event the Ring is not available or disrupted; and
   • the Cash-Settled Future Daily Settlement Price for a number of Cash-Settled Futures in the event that trading is disrupted on LMEselect during the relevant VWAP window, (the “Policy”).
2. This Notice supersedes and replaces LME Notice 19/396, dated 05 December 2019, and appends an updated version of the Policy, which has been revised to include further detail on use by the Quotations Committee of expert judgement in the determination of Official Prices and Closing Prices for forward months.

Federal Reserve Announces The Establishment Of Temporary U.S. Dollar Liquidity Arrangements With Other Central Banks

Date 19/03/2020

The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve Bank of Australia, the Banco Central do Brasil, the Danmarks Nationalbank (Denmark), the Bank of Korea, the Banco de Mexico, the Norges Bank (Norway), the Reserve Bank of New Zealand, the Monetary Authority of Singapore, and the Sveriges Riksbank (Sweden). These facilities, like those already established between the Federal Reserve and other central banks, are designed to help lessen strains in global U.S. dollar funding markets, thereby mitigating the effects of these strains on the supply of credit to households and businesses, both domestically and abroad.