Derivs - Equity

The European Securities and Markets Authority (ESMA) on Thursday announced a new cooperation agreement with the Securities and Exchange Board of India (SEBI), that will secure it information on the ongoing compliance of Indian central counterparties (CCPs) with European Union regulation.

The Australian Securities and Investments Commission (ASIC) has laid out the foundations for its licensing of new index benchmarks, with five already in line to be classified as “significant”.

GlobalCapital is pleased to announce the nominees for its Global Derivatives Awards 2017. The shortlist has been built from market soundings and research. Winners will be unveiled at a gala dinner at One Whitehall Place in London on September 20. Nominees are now invited to pitch for each award over the coming weeks. A GlobalCapital editorial panel will decide the winners. These awards honour the companies, platforms, services and products that have grown, innovated and strengthened the global derivatives market during the last 12 months. Each category will be decided by considering innovative products and services, commitments to new markets, improvements in efficiency, liquidity and market stability, as well as client guidance.

Aeroflot futures started to trade at the derivatives market of Moscow Exchange (MOEX) on Thursday, with 933 contracts active by mid-afternoon.

The head of Société Générale’s equity and derivatives trading business in the UK, Dan Cohen, has decided to leave the company, GlobalCapital can confirm.

The European Securities and Markets Authority (ESMA) on Monday reacted positively to last month’s European Commission proposal on third country central counterparties (CCPs), which offered the regulatory body more powers to supervise foreign clearing houses.

The Intercontinental Exchange (ICE) has lost the fight for its Trayport energy trading business and will have to sell the platform, the UK competition and markets authority (CMA) has ruled.

Volumes from the major derivative exchanges have been posted for June, with large variations emerging between institutions.

Equity volatility in the US and Europe has been limited in the past month as geopolitical risk from European elections has faded, but US corporates could be heading to trouble.

Midclear, the custodian and clearing centre of financial instruments for Lebanon and the Middle East, has selected GMEX Technologies to provide the core system for Lebanon's first derivatives central counterparty (CCP).

The Basel Committee on Banking Supervision commended international efforts to build “larger” and “better quality” capital and liquidity buffers on Tuesday. But it warned G20 countries that regulatory adoption of rules on the measurement of counterparty credit risk and capital requirements for clearing house exposure has been delayed.

The Borsa Italiana derivatives market (IDEM) has this week extended its daily trading hours for futures and mini-futures on the FTSE MIB index.