Market Infrastructure

Market Infrastructure

EU Announces Smooth Launch of New T2 RTGS System

By Editors | 22/03/2023

The new T2 system comprises an RTGS system, a central liquidity management tool, and leverages the ISO 20022 message standard.

Market Infrastructure

JBATA Finalises Fallback Methodology for TIBOR Contracts

By Manesh Samtani | 21/03/2023

JBATA has finalised the fallback provisions for cash products referencing JPY TIBOR or Euroyen TIBOR. The changes will take effect on 1 April.

Market Infrastructure

CSRC Issues Draft Rules to Advance Derivatives Market Development

By Editors | 21/03/2023

The rules encourage central clearing and pave the way for new margin and reporting requirements for non-centrally cleared derivatives.

Capital / Liquidity

Swiss Regulators Orchestrate UBS Takeover of Credit Suisse

By Manesh Samtani | 20/03/2023

The deal gives Credit Suisse shareholders shares in UBS worth just 40 percent of what their CS shares were worth on Friday.

Market Infrastructure

ASX Forms New Unit to Focus on Technology & Data

By Sanday Chongo Kabange | 18/03/2023

ASX says the introduction of a CIO role and the creation of a new technology unit will allow a greater focus of efforts on data and technology innovation.

Market Infrastructure

China Bond Market Suffers Pricing Information Blackout

By Editors | 18/03/2023

The CBIRC had instructed money brokers to cut their data feeds to vendors due to data security concerns, causing a two-day bond market disruption.

Market Infrastructure

China to Establish New Party Commission to Oversee Financial Sector

By Editors | 17/03/2023

A new CCP-led “Central Financial Commission” will be responsible for high-level design, development and supervision of the financial sector and financial stability.

ESG / Sustainability

Bursa Carbon Exchange Completes First Carbon Credit Auction

By Editors | 17/03/2023

15 buyers from various industries including banking purchased a total of 150,000 Verra-registered carbon credits in the inaugural auction.

Market Infrastructure

Google Cloud Joins FS-ISAC’s Critical Providers Programme

By Editors | 17/03/2023

The partnership is intended to bolster supply chain security and foster transparency within the financial sector.