International Organization of Securities Commissions

American Financial Exchange (AFX) and AMERIBOR® Announce Commitment to Being Carbon-Neutral with Support of Climate Vault, Setting New Standard for Financial Markets Industry

Wednesday, September 22, 2021 - 2:00pm

These activities to address climate change will make AMERIBOR, the oldest Libor alternative, the worlds first carbon-neutral interest rate benchmark.

Key Points: 
  • These activities to address climate change will make AMERIBOR, the oldest Libor alternative, the worlds first carbon-neutral interest rate benchmark.
  • Futures on the forward-looking AMERIBOR Term-30 began on Cboe Futures Exchange on September 13, 2021.
  • AFX worked with Evolution Markets to determine a level of contribution to Climate Vault sufficient to offset all emissions it cannot reduce directly.
  • Climate Vault plans to use these contributions to purchase CO2 permits on regulated cap-and-trade compliance markets and will vault them.

Bermuda Stock Exchange Begins Publishing MIAX Pearl Equities Market Data to the Pyth Network

Tuesday, September 21, 2021 - 1:00pm

MIAX Pearl Equities market data is among the first U.S. equities exchange market data provided to the Pyth Network and was first published to the Pyth Network on September 13, 2021.

Key Points: 
  • MIAX Pearl Equities market data is among the first U.S. equities exchange market data provided to the Pyth Network and was first published to the Pyth Network on September 13, 2021.
  • "BSX is delighted to begin publishing MIAX Pearl Equities market data to the Pyth Network and anticipates we will quickly expand the breadth of data we are publishing to the network," said Thomas P. Gallagher, Chairman of BSX and Chairman & CEO of MIAX.
  • The addition of MIAX Pearl Equities market data represents a critical inflection point for the Pyth Network as the availability of high fidelity market data from U.S. equities exchanges is unprecedented in DeFi."
  • MIAX's parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX Pearl), MIAX Emerald, LLC (MIAX Emerald), the Minneapolis Grain Exchange, LLC (MGEX), and the Bermuda Stock Exchange (BSX).

Fastmarkets successfully completes IOSCO assurance review of 34 metals benchmarks

Tuesday, September 21, 2021 - 8:00am

LONDON, Sept. 21, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), isdelighted to announce the successful completion of an independent assurance review of 34 key metals benchmarks.

Key Points: 
  • LONDON, Sept. 21, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), isdelighted to announce the successful completion of an independent assurance review of 34 key metals benchmarks.
  • ''We remain committed to growing our list of audited prices and providing our users the highest possible level of confidence in the reliability of our benchmarks.
  • The completion of an external audit of our process demonstrates our commitment toprovide reliable, impartial, representative and transparent benchmarks,'' Fastmarkets' CEO Raju Daswani said.
  • Fastmarkets has invested significantly in resources and technology to ensure its price-assessment process aligns with IOSCO principles.

S&P Dow Jones Indices Completes Its Annual Review of Adherence with IOSCO Principles for Financial Benchmarks

Thursday, September 16, 2021 - 3:00pm

NEW YORK, Sept. 16, 2021 /PRNewswire/ --S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its eighth annual review of its adherence to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks.

Key Points: 
  • NEW YORK, Sept. 16, 2021 /PRNewswire/ --S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its eighth annual review of its adherence to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks.
  • The IOSCO Principles for Financial Benchmarks were published in July of 2013.
  • "S&P Dow Jones Indices is proud to complete this annual review process to protect and strengthen the independence, transparency and integrity of our indices and benchmarks.
  • S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average.

MIAX to Launch Suite of BRIXX™ Commercial Real Estate Futures on MGEX

Wednesday, September 15, 2021 - 4:30pm

BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.

Key Points: 
  • BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.
  • BRIXX CRE Indexes measure real-time real estate returns and are priced using real-time public market data aggregating over $750 billion in property values.
  • "We are pleased to launch the new BRIXX CRE futures, which are based on Advanced Fundamentals' suite of index products that measure real estate prices without the pricing lag associated with traditional CRE indexes," said Thomas P. Gallagher, Chairman of MGEX and Chairman & CEO of MIAX.
  • "These products provide professional real estate investors with an innovative tool that affords real time access and synthetic exposure to the physical real estate market."

MIAX to Launch Suite of BRIXX™ Commercial Real Estate Futures on MGEX

Wednesday, September 15, 2021 - 4:30pm

PRINCETON, N.J. and MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ -- MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX™ Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals.  The first contract to be listed will be the BRIXX Retail Index futures contract which is expected to begin trading on October 4, 2021.  Three additional BRIXX CRE Index futures are expected to be listed in the fourth quarter of 2021.  Cash-settled options on the BRIXX CRE Indexes will launch on MIAX, also targeted for fourth quarter of 2021. The launch of the futures and options contracts remain subject to regulatory approval.

Key Points: 
  • New Futures Contracts Provide Exposure to Four Commercial Real Estate Sectors; First Futures to Launch on October 4, 2021
    PRINCETON, N.J. and MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ --MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals.
  • BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.
  • BRIXX CRE Indexes measure real-time real estate returns and are priced using real-time public market data aggregating over $750 billion in property values.
  • "These products provide professional real estate investors with an innovative tool that affords real time access and synthetic exposure to the physical real estate market."

Acadia Announces Successful Onboarding of Phase 5 Initial Margin Firms

Thursday, September 9, 2021 - 1:30pm

AcadiaPlus encompasses the Companys flagship services that assist clients in complying with UMR, including, Initial Margin Exposure Manager (IMEM) , and Margin Manager , as well as two new services- IM Risk Generator (IMRG) and IM Threshold Monitor (IMTM).

Key Points: 
  • AcadiaPlus encompasses the Companys flagship services that assist clients in complying with UMR, including, Initial Margin Exposure Manager (IMEM) , and Margin Manager , as well as two new services- IM Risk Generator (IMRG) and IM Threshold Monitor (IMTM).
  • Acadia has now integrated the vast majority of counterparty groups covered by IM Phases 1 through 5 onto its platform.
  • As a result, Phase 6 firms will now be able to leverage all that weve already accomplished with AcadiaPlus, enjoying maximum benefit at minimum cost.
  • Acadia is a vital resource for in-scope firms, added Mark Demo, Head of Community Development at Acadia.

Former U.S. SEC Chair Jay Clayton Joins Fireblocks' Advisory Board

Thursday, August 19, 2021 - 1:57pm

Clayton brings over three decades of experience in international financial markets to the Fireblocks Advisory Board.

Key Points: 
  • Clayton brings over three decades of experience in international financial markets to the Fireblocks Advisory Board.
  • "Fireblocks will greatly benefit from having Jay on the advisory board given his expertise on many aspects of the financial sector.
  • Jay Clayton joins Fireblocks' Cryptography Advisor, Ran Cannetti, along with Cyberstarts founder Gili Raanan, Tenaya Capital's Tom Banahan, Capitolis' Gil Mendelzis, Paradigm's Fred Ehrsam, and Stripes' Ken Fox on the seven-member board.
  • "Fireblocks has emerged as a leader in the evolving digital asset space," said Jay Clayton, the newest Advisory Board member at Fireblocks.

Fifth Annual World Financial Planning Day Promotes Financial Wellbeing For All on 6 October

Wednesday, August 18, 2021 - 2:58pm

DENVER, Aug. 18, 2021 /PRNewswire/ -- Financial Planning Standards Board Ltd. (FPSB) and its global network are pleased to host the fifth annual World Financial Planning Day (WFPD) on Wednesday, 6 October as part of the International Organization of Securities Commissions (IOSCO) World Investor Week .

Key Points: 
  • DENVER, Aug. 18, 2021 /PRNewswire/ -- Financial Planning Standards Board Ltd. (FPSB) and its global network are pleased to host the fifth annual World Financial Planning Day (WFPD) on Wednesday, 6 October as part of the International Organization of Securities Commissions (IOSCO) World Investor Week .
  • "FPSB is pleased to be working again with IOSCO to promote financial wellbeing for all and to help the public position investment decisions within the context of their overall financial and life goals."
  • By partnering with IOSCO on this initiative, the FPSB Network demonstrates to global stakeholders the importance of financial planning and the role the financial planning profession plays in supporting better financial outcomes for citizens all over the world.
  • To raise awareness on the value of financial planning, worldfpday.org will feature articles and resources from the FPSB Network to educate individuals on financial planning topics including tips to deal with financial stress, short- and long-term financial planning during a crisis, steps to improve financial wellbeing and more.

Fastmarkets successfully completes IOSCO assurance review for its NBSK CIF China price

Friday, June 18, 2021 - 10:00am

LONDON, June 18, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announcethe successful completion of an external assurance review of its NBSK CIF China assessment.

Key Points: 
  • LONDON, June 18, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announcethe successful completion of an external assurance review of its NBSK CIF China assessment.
  • This milestoneconfirmsits alignment to the standards defined by the International Organization of Securities Commission (IOSCO) within the Principles for Oil Price Reporting Agencies.
  • "Fastmarketsis delighted toaddthe NBSK CIF China assessment to the list of our prices thathave successfully completed an assurance review,"said Fastmarkets CEO Raju Daswani.
  • Fastmarkets is the industry-leading Price Reporting Agency (PRA) for global commodities, providing price data, news, analytics, and events for the metals and mining, forest products, and agriculture markets.