Europe

Trading & Investment

Eurex Sets Launch Date for Expansion of KRX Link

By Editors | 20/03/2022

International investors will be able to trade KOSPI 200 options with weekly expiries outside Korean trading hours via Eurex from 28 March.

Clearing & Post-Trade

European Commission Proposes Enhancements to CSDR

By Editors | 19/03/2022

The proposal seeks to provide more proportionate and effective rules for CSDs, while also facilitating their ability to offer cross-border services.

Liquidity Risk

European Energy Traders Seek Central Bank Liquidity Support

By Darien Choong | 17/03/2022

Key energy producers and traders in Europe are asking for “emergency” liquidity assistance to help them meet margin calls in energy derivatives.

Trading & Investment

UPDATED – LME Forced to Halt Nickel Trading Again

By Darien Choong | 17/03/2022

A technical fault permitted nickel trades to execute below a newly installed price limit, after the market was closed for a week.

Trading & Investment

LME Set to Reopen Following Nickel Short Squeeze Incident

By Darien Choong | 16/03/2022

Chinese nickel producer Tsingshan Holding Group has secured a liquidity facility to help it meet its margin and settlement obligations on the LME.

PEPs & Sanctions

G7 to Downgrade Russia Trade Status, Close Sanctions Loopholes

By Editors | 13/03/2022

US bans more Russian trade. G7 pledges to close national-level loopholes that could enable sanctions evasion via crypto-assets, among other commitments.

PEPs & Sanctions

BIS Suspends Russian Central Bank as UK Adds More Sanctions

By Manesh Samtani | 11/03/2022

UK adds seven names to its sanctions list. Goldman and JPMorgan to close Russian operations. Russia to nationalise assets of foreign companies.

PEPs & Sanctions

Russia Warns of “Swift” Response to US Energy Import Ban

By Manesh Samtani | 10/03/2022

EU adds 160 names to sanctions list, extends SWIFT ban to Belarus; New Zealand passes Russia Sanctions Bill. Fitch projects “imminent” sovereign default.

Payments & Settlements

Russian Banks Moving to China UnionPay for Card Issuance

By Manesh Samtani | 08/03/2022

Visa, Mastercard and American Express have all announced decisions to suspend their operations in Russia due to its invasion of Ukraine.