News Centre

HM Treasury And The Bank Of England Launch A Covid Corporate Financing Facility (CCFF)

Date 17/03/2020

HM Treasury and the Bank of England are today announcing a Covid Corporate Financing Facility (CCFF) to provide additional help to firms to bridge through Covid 19-related disruption to their cash flows.

American Financial Exchange® Announces One-Day Record Volume: AMERIBOR Futures Open Interest Sets Overnight Record

Date 17/03/2020

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced a record volume trading day on Monday, March 16. A record $3.195 billion were traded across all AFX products, surpassing the previous record of $3.035 billion traded on September 19, 2019. This marks a 5.27 percent increase from the previous record.

The World Federation Of Exchanges Recommends ESMA ‘Follows The Liquidity’ In Applying The Obligation To Trade Shares Transparently

Date 17/03/2020

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has today responded to a significant European Securities and Markets Authority (ESMA) consultation on the EU trading and transparency rules for equity instruments. The WFE proposes refining the regime, such that it ‘follows the liquidity’.

Exchange Of Letters Between HM Treasury And The Bank Of England About The Covid Corporate Financing Facility (CCFF)

Date 17/03/2020

Exchange of letters between HM Treasury and the Bank of England

Dubai Financial Market Implements 5% Limit Down On Prices Of Listed Securities As Of Wednesday 18th March 2020 - H.E. Essa Kazim: DFM Is Actively Collaborating With SCA To Contain Fluctuations Due To The Repercussions Of Coronavirus

Date 17/03/2020

Dubai Financial Market (DFM) today announced that it is amending the limit down cap of listed securities from 10% to 5% as of trading session of Wednesday 18th March 2020 and until further notice, while the limit up cap remains on its current level of 15%.

FESE: European Exchanges Will Remain Open

Date 17/03/2020

The FESE membership, comprising of Exchanges across Europe, are not immune from the effects triggered by the rapid spread of Covid-19 and its impact on the economic environment. Whilst this situation is not without its challenges for exchanges, it is crucial that the markets remain open.

The AMF Announces A Short Selling Ban For One Month

Date 17/03/2020

In the light of the outbreak of Coronavirus and its consequences on the economy and financial market in France, the Autorité des marchés financiers has decided to ban the creation or increase of short net positions with immediate effect.

Phemex Launch GOLD/USD Pair To Hedge Against BTC’s Volatility - First Crypto Derivatives Exchange To Allow People To Trade Gold Perpetual Contracts With Up To 100X Leverage

Date 17/03/2020

Singapore-based cryptocurrency derivatives exchange Phemex, has today unveiled its latest product: a proprietary perpetual contract pegged on gold and settled in nominal USD.

Moscow Exchange: Calculation Methodology For The MOEX 15 Index To Take Effect On 24 March

Date 17/03/2020

On 24 March 2020 the Calculation Methodology for the MOEX 15 Index approved by Executive Board on 15 March 2019 will come into force.

ESMA: Opinion On Proposed Emergency Measure By CNMV Under The Short Selling Regulation

Date 17/03/2020

In accordance with Article 44(1) of Regulation (EU) No 1095/2010, the Board of Supervisors has adopted the following opinion:

I. Legal basis

1. In accordance with Article 27(2) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps1 (the Regulation), the European Securities and Markets Authority (ESMA) shall within 24 hours of the notification made by a competent authority under Article 26 of that Regulation, issue an opinion on whether it considers the measure or proposed measure is necessary to address the exceptional circumstances as further specified in Article 24 of Commission Delegated Regulation (EU) No 918/2012 of 5 July 2012. 
2. In accordance with Article 44(1) of the ESMA Regulation the Board of Supervisors has adopted this opinion.