News Centre

Moscow Exchange: Reduction Of Lot Size For Norilsk Nickel Futures Contract

Date 11/12/2020

Please note that from 19:00 MSK on 17 December 2020, the futures contract on Norilsk Nickel ordinary shares (ticker: GMKR (short code: GM)) will begin to be traded with a standard lot size of one share, instead of ten shares. The contract code will change to GMKN (short code: GK). The lot size has been reduced in response to requests from market participants

Federal Reserve Releases Illustrative Examples Of New Charts That Will Be Included In The Federal Open Market Committee’s Quarterly Summary Of Economic Projections (SEP)

Date 11/12/2020

The Federal Reserve on Friday released illustrative examples of new charts that will be included in the Federal Open Market Committee's quarterly Summary of Economic Projections (SEP). The new charts show FOMC participants' judgments of uncertainty and risks related to their projections of the change in real gross domestic product, the unemployment rate, personal consumption expenditures (PCE) inflation, and core PCE inflation.

Statement On The Departure Of Director Stephanie Avakian By SEC Commissioner Elad L. Roisman

Date 11/12/2020

Director Avakian is among the most talented and hard-working lawyers I have had the pleasure of working with during my career.

Moscow Exchange: Risk Parameters Change For The Security DIS-RM - Update 1

Date 11/12/2020

As per the Securities market risk parameters methodology, on 11.12.2020, 18-01 (MSK) the upper bound of the price band (up to 12933) and initial margins (up to 21 %) for the security DIS-RM were changed. New values are available here

BIS: Contagion Accounting

Date 11/12/2020

Summary

Focus

Banking sector interconnectedness and contagion materialize in more than one way. The most obvious is the direct exposures between banks. However, the fate of seemingly disconnected and geographically dispersed institutions can still be bound together due to the importance of indirect contagion. Most important within such interconnections are exposures to the same assets and to externalities driven by fire sales. The importance of each contagion channel remains a contested issue and is ultimately an empirical question.

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

Date 11/12/2020

As per the Securities market risk parameters methodology, on 11.12.2020, 18-40 (MSK) the lower bound of the price band (up to 10126) and initial margins (up to 18.75 %) for the security QCOM-RM were changed. New values are available here.

UK Financial Conduct Authority Issues Warning Over Festive Season Loan Fee Fraud

Date 11/12/2020

‘Three Wise Warnings’ for consumers to look out for this Christmas as fraudsters attempt to steal two-thirds of average gift spend.

SEC Charges Sequential Brands Group Inc. With Deceiving Investors By Failing To Timely Impair Goodwill

Date 11/12/2020

The Securities and Exchange Commission today charged New York-based brand-management company Sequential Brands Group Inc. with failing to impair its goodwill as required by accounting principles and the federal securities laws.

Moscow Exchange: REPO Risk Parameters Change For The Security DSKY

Date 11/12/2020

As per the Securities market risk parameters methodology, on 11.12.2020, 15-10 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -76.9 %), penalty rate and IR Risk Rate (up to -0.968 rub) for the security DSKY were changed. New values are available here.

HKEX: Annual Review Of Stock Futures Trading Fee Tier Classification

Date 11/12/2020

Pursuant to the Regulations for Trading Stock Futures (Section 018) of Hong Kong Futures Exchanges, the trading fee tier levels of the following stock futures contracts will be changed, effective from 4 January 2021, as a result of the annual review: