Market Infrastructure

Market Infrastructure

CSRC Grants QCCP Status to Major Futures Exchanges

By Editors | 29/01/2019

The CSRC says the move demonstrates China’s active promotion of the CPMI-IOSCO Principles for Financial Market Infrastructures and its intent to internationalise its futures markets.

Market Infrastructure

EU-Japan Data Sharing Agreement Takes Effect

By Editors | 29/01/2019

The EU adequacy decision on Japan creates the world’s largest area of safe data flows and serves as an example for future partnerships and global standard setting.

Market Infrastructure

S&P Approved to Enter China’s Credit Rating Market

By Editors | 29/01/2019

The People’s Bank of China has approved S&P Global Ratings to operate locally in its latest move to open up financial markets.

Market Infrastructure

Hong Kong Seeks Market Views on Paperless Securities Market

By Editors | 29/01/2019

Hong Kong is seeking industry feedback on plans to introduce new systems for a paperless securities market to enhance global competitiveness and increase market efficiency.

Market Infrastructure

EU Benchmark Regulation – Not Just a European Problem

By Gregory Campbell | 29/01/2019

APAC benchmark administrators hoping to retain or grow their user base in the EU must take action now to gain approval before 2020, say PwC’s Gregory Campbell and Daniela Bunea.

Market Infrastructure

SEBI Grants QCCP Status to Gift City Clearing Corporations

By Editors | 28/01/2019

India International Clearing Corporation (IFSC) Limited and NSE IFSC Clearing Corporation – wholly owned subsidiaries of the BSE and NSE, respectively – have been granted qualifying central counterparty status.

Market Infrastructure

ICE White Paper Introduces New LIBOR Alternative

By Editors | 28/01/2019

The ‘US Dollar ICE Bank Yield Index’ is fully transaction-based and designed to measure the yields at which investors are willing to invest US dollar funds on a wholesale, unsecured basis.

Market Infrastructure

HKEX Enables Central Clearing for Deliverable FX Forwards, Swaps

By Manesh Samtani | 25/01/2019

Enabled by Traiana infrastructure, HKEX OTC Clear is offering the first clearing service for deliverable FX forwards and swaps in the USD/CNH and USD/HKD currency pairs.

Big Picture

ISDA Lays Out CCP Best Practices Following Nasdaq Default

By Garima Chitkara | 25/01/2019

Clearinghouses should consider multiple risk factors in determining exposure and put more of its own capital on the line to manage defaults before dipping into the member default fund.