ICE Clear Netherlands

September 29, 2017 11:19 AM
Exchange Shorts
CBOE, ICE: Bats Europe is in talks with ICE about the possibility of ICE Clear Netherlands clearing a new suite of CBOE European equity derivatives.
 
London Stock Exchange (LSE) was approved as an Approved Reporting Mechanism (ARM) through its UnaVista platform by the FCA.
 
Bolsa de Madrid (BME) created a series of indices based on IBEX 35 options that measure the implied volatility of the market and offer certain investment strategies based on derivative products. The new indices include the IBEX 35 BUYWRITE index, the IBEX 35 PUTWRITE index, IBEX 35 PROTECTIVE PUT index. IBEX 35 SHORT STRANGLE index, the VIBEX index, which will reflect the implicit volatility of IBEX 35 options in the MEFF exchange, with a constant 30 days expiry and the IBEX 35 SKEW Index.
 
ENX launched the third edition of TechShare and welcomed a new cohort of 68 companies (+45% y/y).
 
Deutsche Borse (DB1): Eurex will launch Euro-BTP options on 2-Oct-2017, extending hedging opportunities in the Italian interest rate market.
 
NSE CEO Vikram Limaye does not expect the exchanges' IPO to take place until the 2H18.
 
Malta SE received regulatory approval to launch the new Institutional Financial Securities Market (IFSM), that will be at first, fully Maltese. This new market will be open to issuers seeking to issue securities that fall under the Wholesale Securities Market rules, and the purchase of which will be eligible only to institutional investors. Reported by the Independent.
 
Zambia Agricultural Commodity Exchange (ZAMACE) compliance officer Precious Muzhiwo urged farmers to embrace the commodity exchange platform as it offers both spot cash and future prices. Reported by Zambia Daily Mail Limited.
 
NEX Group's Abide Financial DRSP received FCA approval as an Approved Reporting Mechanism (ARM). The authorization will allow NEX Regulatory Reporting to report client transactions to National Competent Authorities (NCA) across Europe under MiFID II.
 
SEC Chairman Jay Clayton made the decision to freeze the approval of the sale of the Chicago Stock Exchange to a Chinese-led group after consulting with the White House.
 
European Parliament seeks to toughen clearinghouse rules, ensuring the institutions and the banks that use them shoulder the financial burden if they run into trouble. Reported by the Financial Times.
 
Canadian Securities Administrators (CSA) announced a ban on binary options.
About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at mariano@erdesk.com.