Public Data Service. FTP Service Manual. Version 3.1
|
|
|
- Sophie Miller
- 7 years ago
- Views:
Transcription
1 FTP Service Manual Version 3.1 February 20th, 2014
2
3 Contents List of Modification.4 Overview....5 How to connect to the FTP Server.. 5 File naming and format.. 5 Risk Array.. 6 Class File... 8 Futures Prices Collateral Information.. 10 Dividend Information Series Information Expiry Prices Information...13 Duration Classes...14 Interclass Priority Indexed Bonds..16 Bond Data Collateral concentration limits. 18 CFI Code. 19 Annex...20 Attributesvalues... 20
4 List of Modification Date DataFile ID Field Description 02/12/2008 Class File Extended *all Added 02/12/2008 Risk Array Extended *all Added 02/12/2008 Futures Prices Extended *all Added 02/12/2008 Collateral Information *all Added 02/12/2008 Dividend Information *all Added 02/12/2008 Series Information *all Added 02/12/2008 Mts/Repo Prices *all Added 02/12/2008 Expiry Prices Information *all Added 05/06/2009 Class File Extended Minimum Margin Minimum Margin changed type from integer to real and size from 9,0 to 9,4 05/06/2009 Risk Array Extended Currency Added 05/06/2009 Series Information Description Added 06/01/2010 Risk Arrays *all Eliminated 06/01/2010 Class File *all Eliminated 06/01/2010 Futures Prices *all Eliminated 30/12/2011 Expiry Prices Information *all Added 30/12/2011 Duration Classes *all Added 30/12/2011 Indexed Bonds *all Added 30/12/2011 Interclass Priority *all Added 30/12/2011 Bond Data *all Added 30/12/2011 Risk Array Extended Name changed in Risk Array 30/12/2011 Class File Extended Name changed in Class File 30/12/2011 Future Prices Extended Name changed in Future Prices 20/02/2014 Bond Prices Information *all Txt and xlm files name changed 20/02/2014 Interclass Priority *all Txt and xlm files name changed 20/02/2014 Class File VM Multiplier Added 20/02/2014 Risk array Mark price Added 20/02/2014 Collateral concentration limits *all Added 20/02/2014 CFI Code *all Added 20/02/2014 *all *all Format review 4
5 Overview This document describes the structure of the Public Data Information supplied by CC&G to replicate the margin calculation. The Data Files are available in fixed record length and in XML Format. How to connect to the FTP Server Connect to the http address ftp.ccg.it When requested, enter your identification code: User ID and Password Identification code selects the environment used whether production or test. The system will automatically be positioned in the right folder where the files are available for download. File naming and format Files are enclosed in a compressed file named YYMMDDD.ZIP. File names are detailed in the following paragraphs. 5
6 Risk Array Riskarray.txt; Riskarray.xml Content: Risk array of Equity and Energy Derivatives and Stock products Date 8 N 1 8 Class Type 1 A 9 9 See Annex Symbol 6 A Year 4 N futures = blank Month 2 N futures = blank Strike price 13 9(7)V9(6) futures = blank P/C 1 A futures = blank Isin code 12 A futures = blank Mark price 15 9(9)V9(6) Downside (5)V9(6) Sign 1 A = negative Downside (5)V9(6) Sign 1 A = negative Downside (5)V9(6) Sign 1 A = negative Downside (5)V9(6) Sign 1 A = negative Downside (5)V9(6) Sign 1 A = negative Upside (5)V9(6) Sign 1 A = negative Upside (5)V9(6) Sign 1 A = negative Upside (5)V9(6) Sign 1 A = negative Upside (5)V9(6)
7 Sign 1 A = negative Upside (5)V9(6) Sign 1 A = negative Short adjustment 11 9(5)V9(6) Sign 1 A = negative Volatility 5 9(3)V9(2) Open Interest 6 9(6) Cleared Volume 7 9(7) Market Id 2 9(2) See Annex Currency 3 A
8 Class File Classfile.txt; Classfile.xml Content: Classes and Products Group used to aggregate products portfolio. Symbol 6 A 1 6 Description 30 A 7 36 Class group 5 A Product group 3 A Class Type 1 A See Annex Product Type 1 A See Annex Offset 3 N Spot spread rate 11 9(8)V9(3) Non-spot spread rate 11 9(8)V9(3) Delivery rate 11 9(8)V9(3) Multiplier 16 9(8)V9(8) Product Style 1 A see Annex Underlying Code 6 A Underlying Price 11 9(5)V9(6) Underlying Isin Code 12 9(5)V9(6) Margin interval 11 9(5)V9(6) Currency 3 A Exchange rate 15 9(7)V9(8) Currency haircut 2 N Minimum margin 9 9(5)V9(4) Interest rate 7 9(2)V9(5) Days to Settle 2 9(02) Expiry Time 4 9(04) Market Id 2 9(02) See Annex SubType 1 A See Annex VM Multiplier 16 9(8)V9(8)
9 Futures Prices Content: Futures Closing Prices Futureprices.txt; Futureprices.xml Date 8 N 1 8 Class Type 1 A 9 9 See Annex Isin Code 12 A Symbol 6 A Expiry 6 N YYYYMM Strike price 13 9(7)V9(6) futures = blank P/C 1 A futures = blank Mark price 13 9(7)V9(6) Volatility 3 9(2)V9(1) Open Interest 6 9(6) Cleared Volume 7 9(7) Market Id 2 9(2) See Annex 9
10 Collateral Information Content: Collaterals Collinf.txt; Collinf.xml Date 8 N 1 8 YYYYMMDD Isin Code 12 A 9 20 Description 30 A Maturity Date 8 N YYYYMMDD Currency 3 A Mark price 13 9(7)V9(6) Haircut 7 9(1)V9(6) Margin price 13 9(7)V9(6)
11 Dividend Information Divinf.txt; Divinf.xml Content: Dividend of underlying shares Date 8 N 1 8 YYYYMMDD Symbol 6 A 7 14 Class Type 1 A See Annex Isin Code 12 A Description 30 A Currency 3 A Amount 8 9(5)V9(3) Dividend Date 8 N YYYYMMDD 11
12 Series Information Content: Derivatives products cleared Serinf.txt; Serinf.xml Date 8 N 1 8 Class Type 1 A 9 9 See annex Isin Code 12 A Symbol 6 A Expiry 6 N YYYYMM Strike price 13 9(7)V9(6) futures = blank P/C 1 A futures = blank Mark price 13 9(7)V9(6) Volatility 3 9(2)V9(1) Expiry Date 8 N YYYYMMDD Last Trade Day 8 N YYYYMMDD Multiplier 13 9(7)V9(6) Currency Code 3 A Market Id 2 N See Annex Product Type 1 A See Annex Code used by Market 20 A Derivatives only SubType 1 A See Annex Open Interest 6 9(6) Cleared Volume 7 9(7) Description 30 A
13 Expiry Prices Information Expiry Day ExpInf.txt; expinf.xml Content: Underlying Prices, calculated by the Exchanges, and used by CC&G in the Expiring process for Futures and Index Options. Date 8 N 1 8 YYYYMMDD Underlying Symbol 6 A 9 14 Underlying Isin Code 12 A Underlying Price 13 9(7)V9(6) Currency 3 A Market id 2 N See Annex Phase 1 A See Annex 13
14 Duration Classes Durationclasses.txt; Durationclasses.xml Content: Classes of Duration used to aggregate Government Bonds and Corporate Bonds Date Date reference Class id Description 30 A Duration-from 8 9(4)V9(4) Duration-to 8 9(4)V(9(4) Duration-Unit 1 A M=Month Margin interval 4 9(2)V9(2) Percentage Intra-Class-reduction 4 9(2)V9(2) Percentage Fails-initial Margin increase 4 9(2)V9(2) Percentage Currency 3 A
15 Interclass Priority InteraAndInterClassCoefficents.txt; InteraAndInterClassCoefficents.xml Content: Intra and Inter Class Coefficients Date 8 N 1 8 Date reference Priority 3 N 9 11 First Class-id 4 N Second Class-id 4 N Coefficient 4 9(2)V9(2) Percentage 15
16 Indexed Bonds Indexedbonds.txt; Indexedbonds.xml Content: Index values of the indexed bonds Date 8 N 1 8 Date reference ISIN-code 12 N 9 20 Description 30 A Index-data-ref Index-value 12 9(7)V9(5)
17 Bond Data Bonddata.txt; Bonddata.xml Content: Governement bonds and corporate bonds data Date 8 N 1 8 ISIN-code 12 N 9 20 Description 30 A Mark-price 12 9(9)V9(3) Duration 11 9(7)V9(4) Class-id 4 A Coupon-rate 14 9(9)V9(5) Currency 3 A Issue Date 8 N Expiry Date 8 N Previous Coupon Date 8 N Next Coupon Date 8 N
18 Collateral concentration limits concentrationlimts.txt; concentrationlimts xml Content: Concentration limits details of collateral for each country Date 8 N 1 8 Country 30 A 9 38 Country Code 2 A Limit 3 NA % 18
19 CFI Code cficode.txt; cficode xml Content: Classification of Financial Instruments (CFI) code CFI Code 6 A 1 6 CFI Description 100 A Class symbol 6 A Class description 35 A Product Type 1 A In annex Put/Call Code 1 A P=Put, C=Call, F= Future ISIN 12 A
20 Annex Attributes values Description Class Type Values F=Future;O=Option;C=Equity,CEF,ETF;W=Warrant;V=Convertible Product Type E=Equity;I=Index,B=Bond,S=Securities Product Style O=Option Style, F=Future Style Market Id 02=Idem,03=Equity,04=Bond/Repo;05=Idex SubType D=Delivery,M=Montly,Q=Quarterly,Y=Yearly ( IDEX Market); N=Not Used (Other Markets) Phase 1 underlying price stock options expiry 2 underlying price stock future expiry 3 underlying price index options and index future expiry 4 underlying price weekly index options expiry 5 underlying price energy future expiry (PUN) 20
21
22 July This document is adopted pursuant to relevant laws. Cassa di Compensazione e Garanzia S.p.A. accepts no liability, arising, without limitation to the generality of the foregoing, from inaccuracies and/or mistakes, for decisions and/or actions taken by any party based on this document. AGREX, BEST VENUE INDICATOR, BORSA ITALIANA and BORSA ITALIANA s logo, BORSA ITALIANA ITALIAN STOCK EXCHANGE, BORSA VIRTUALE, BORSAM@T, CITY FOR GOOD, DDM, ELITE, ETFplus, EUROMOT, EXPANDI, EXTRAMOT, IDEM-THE ITALIAN DERIVATIVES MARKET, IDEX, MARKET CONNECT, MIB, MIB 30, MIBTEL, MIDEX, MINIFIB, MIV, MOT, MTA, MTF, NIS, SEDEX, STAR, STAR SEGMENTO TITOLI CON ALTI REQUISITI, TECHSTAR are registered trademarks owned by Borsa Italiana S.p.A. CC&G is a registered trademark owned by Cassa di Compensazione e Garanzia S.p.A. MONTE TITOLI, X-TRM, MT-X are registered trademarks owned by Monte Titoli S.p.A. MTS, BOND VISION, EUROMTS are registered trademarks owned by MTS S.p.A. PALAZZO MEZZANOTTE CONGRESS CENTRE AND SERVICES, BEST VENUE INDICATOR, MARKET CONNECT are registered trademarks owned by BIt Market Services S.p.A. London Stock Exchange, the coat of arms device and AIM are registered trademarks of London Stock Exchange plc. FTSE is a trademark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. GATElab, Traderpath, Algorithmicpath, Exchangepath are registered trademarks owned by Gatelab S.r.l. The above trademarks and any other trademark owned by London Stock Exchange Group cannot be used without express written consent by the Company having the ownership on the same. The Group promotes and offers the post-trading services of Cassa di Compensazione e Garanzia S.p.A. and Monte Titoli S.p.A. in an equitable, transparent and non-discriminatory manner and on the basis of criteria and procedures aimed at assuring interoperability, security and equal treatment among market infrastructures, to all subjects who so request and are qualified in accordance with national and community legislation, applicable rules and decisions of the competent Authorities Formattato: Inglese (Regno Unito) Contact Details Membership, Client Services & Business Development client.services@lseg.com Cassa di Compensazione e Garanzia S.p.A. Via Tomacelli 146, Roma Clearing & Settlement clearing.settlement@lseg.com Codice campo modificato
IDEX. Italian Derivatives Energy Exchange: where power meets transparency
IDEX Italian Derivatives Energy Exchange: where power meets transparency IDEX Overview IDEX is the Energy Derivatives segment of IDEM, the Italian derivatives market managed by Borsa Italiana, a company
SEGREGATION AND PORTABILITY
SEGREGATION AND PORTABILITY 19 th July 2013 Version 1.0 Contents 1. Introduction 4 2. New account structure 5 3. The individual segregated account (ISA) 6 4. Omnibus accounts 7 5. Non-Clearing Member
AIM Italia/Mercato Alternativo del Capitale. Note for Investing Companies
AIM Italia/Mercato Alternativo del Capitale 31 August 2015 The Italian text of these Rules shall prevail over the English version Note for investing companies Contents 1. Introduction... 1 2. Appropriateness
The daily settlement price is determined by CC&G according to the quantity-weighted average of the last 10% of contracts traded
IDEM Italian Derivatives Market Thanks to the listing of several equity-linked products, the IDEM market provides members with the best product offering on Italian and Pan-European equity derivatives,
AIM Italia/Mercato Alternativo del Capitale. Note for Investing Companies
AIM Italia/Mercato Alternativo del Capitale 1 st March 2012 31 August 2015 The Italian text of these Rules shall prevail over the English version Note for investing companies Contents 1. Introduction...
BIt Club website guide: documentation for participating in the Services offered by Borsa Italiana, CC&G and Monte Titoli. London Stock Exchange Group
BIt Club website guide: documentation for participating in the Services offered by Borsa Italiana, CC&G and Monte Titoli London Stock Exchange Group Introduction BIt Club is a site reserved to those who,
SeDeX. The Certificates and Covered Warrants market: innovation and diversification
SeDeX The Certificates and Covered Warrants market: innovation and diversification SeDeX This regulated electronic market allows investors to trade efficiently thousands of listed instruments in real time.
AGREX - Durum Wheat Futures
AGREX - Durum Wheat Futures Agenda Introduction Futures Description How to operate on AGREX The Central Counterparty System 2 Introduction 3 AGREX the new Agricultural Derivatives segment Borsa Italiana
ETFplus Migration to Millennium platform
ETFplus Migration to Millennium platform Evolution of the Italian ETF market 2002 First ETF listed on Affari platform (managed by SIA) November 2007 Borsa Italiana becomes manager of Affari platform 2002
AGREX - Durum Wheat Futures
AGREX - Durum Wheat Futures Introduction 2 Durum Wheat Market: Highlights Durum Wheat is primarily used to produce pasta in Europe and Cous Cous in North Africa and the Middle East. Cultivated in limited
Borsa Italiana market for open-end funds. Borsa Italiana
Borsa Italiana market for open-end funds Page 1 Borsa Italiana A new market for open-end fund trading Objective: creating a new electronic market where investors can buy and sell open-end funds New segment
MOT and ExtraMOT The MOT and ExtraMOT bond markets: transparency and efficiency
MOT and ExtraMOT The MOT and ExtraMOT bond markets: transparency and efficiency MOT and ExtraMOT: the fixed income markets for retail and professional investors. MOT and ExtraMOT European leaders in terms
ETFplus. The ETF and ETC/ETN market: transparency and liquidity
ETFplus The ETF and ETC/ETN market: transparency and liquidity ETFplus is the Borsa Italiana market entirely dedicated to the real-time trading of Exchange Traded Funds (ETF), Exchange Traded Commodities
MIV Market for Investment Vehicles
give the right direction to your investment Vehicle MIV Market for Investment Vehicles Overview MIV (Market for Investment Vehicles) is the regulated market of Borsa Italiana created with the scope to
Updated January 2011. a n o p p o r t u n i t y t o s t r e n g t h e n t h e e q u i t y. Growth Shares
Updated January 2011 a n o p p o r t u n i t y t o s t r e n g t h e n t h e e q u i t y Growth Shares Growth Shares Thanks With thanks to Studio Legale Bonelli Erede Pappalardo and Mediobanca Banca di
Price list for trading services
IN FORCE AS OF APRIL 2 nd, 2013 Price list for trading services Pursuant to art. 3.3.4 of the Rules, to art. 1300 of the AIM Italia Mercato Alternativo del Capitale Membership Rules, to art. 1300 of the
I D EM. The Italian Derivatives Market
I D EM The Italian Derivatives Market Borsa Italiana Piazza degli Affari,6-20123 Milan - Tel. +39 02 72426231 - Fax. +39 02 72426386 www.borsaitaliana.it infoder@borsaitaliana.it Borsa Italiana Group Borsa
Trade Repository Reporting Update to Level Two Validation
Update to Level Two Validation October, 09 th 2015 Version 1.0 Table of contents 1. Introduction 4 2. Changes on Trade Repository 5 1. CD58 Action Type 5 2. Date and Time fields 5 3. Currency fields 5
Target2 Securities Priority 2 & Party 2. Test Plan. 14th June 2016. Version 1.0
Priority 2 & Party 2 Test Plan 14th June 2016 Version 1.0 Contents 1.0 TEST APPLICABILITY, SCOPE AND TIMELINE 4 2.0 TEST ORGANIZATION 4 3.0 TEST PLAN TIME-LINE 5 4.0 GUIDE LINES FOR TESTING 5 5.0 TEST
T2S High Level Proposals The view of a CSD
T2S High Level Proposals The view of a CSD Paolo Carabelli Monte Titoli Spa June 25, 2007 Frankfurt, T2S Tri-Party Meeting Background - Starting point Current Monte Titoli settlement system is: extremely
General Conditions Part II - Borsa Italiana Services
General Conditions Part II - Borsa Italiana Services 1. Definitions 1.1 The terms written with an initial capital letter in these General Conditions Part II are to be understood - unless indicated otherwise
Stock Futures Margin Calculation Methodology
Stock Futures Margin Calculation Methodology RM Office Version 1.3 Summary Foreword... 3 1 Variation Margin... 3 2 Initial Margin... 3 2.1 Futures Straddle Margin... 3 2.2 Additional Margin... 3 2.3 Mark-to-Market
Target2 Securities DCP AUTHORIZATION TESTS. Test Plan. 31st January 2015. Final Version 1.0
DCP AUTHORIZATION TESTS Test Plan 31st January 2015 Final Version 1.0 Contents 1.0 TEST APPLICABILITY, SCOPE AND TIMELINE 4 2.0 TEST ORGANIZATION 4 3.0 TEST PLAN TIME-LINE 5 4.0 TESTING TIME IN COMMUNITY
Settlement Data Service
Version 1.76.0 November 1106 th, 2013 Index Index... 2 1. General information... 3 2. Description of the Data Files... 4 D01D Bonds Contracts of the current day - ICSDs... 5 D01F Bonds Contracts of the
BORSA ITALIANA S.P.A. - REQUEST FOR SERVICES. Name/Corporate name...(hereinafter, the Client ) belonging to (name of group).
BORSA ITALIANA S.P.A. - REQUEST FOR SERVICES Client data Name/Corporate name...(hereinafter, the Client ) belonging to (name of group). Registered office in (Country)..... Address.Post code. Telephone:.
Borsa Italiana 2014 Highlights
Borsa Italiana 2014 Highlights - 26 IPOs raise a total 2.9 billion - Total market capitalisation of listed companies, 470.4 billion - All time record on ETFplus - 36.9 billion of assets under management,
GRASP THE OPPORTUNITY. TRADE A MARKET WITH HIGH POTENTIAL. IDEM - The Italian Derivatives Market
GRASP THE OPPORTUNITY. TRADE A MARKET WITH HIGH POTENTIAL. IDEM - The Italian Derivatives Market Index 1. IDEM, The Italian Derivatives Market 1 2. FTSE MIB Index 2 3. Product offering 4 4. Strategy trading
Italian Equity Markets
Italian Equity Markets Liquidity, transparency, efficiency Borsa Italiana s Equity Markets MTA is the leading Italian Equity Market dedicated to mid and large size companies which meet the highest international
SeDeX. Covered Warrants and Leverage Certificates
SeDeX Covered Warrants and Leverage Certificates SeDeX Leverage products increase the potential performance of the portfolio. Foreword Leverage effect amplifies both underlying rises and falls Covered
A NEW WAY OF INVESTING IN COMMODITIES. ETC - Exchange Traded Commodities
A NEW WAY OF INVESTING IN COMMODITIES ETC - Exchange Traded Commodities Index Introduction 1 Exchange Traded Commodities: 3 - What they are - Main features - Investment modalities Focus on physically-backed
Equity and Derivatives Markets
Equity and Derivatives kets Lugano Fund Forum ember 19, 2012 E&D kets Team 2 Introduction Overview o Volumes and Share of trading o Key trends of existing macro-economic scenario Results and projects Results
Below is a review of the main activities undertaken in 2012, together with our annual report devoted to market data.
28 December 2012 London Stock Exchange Group plc 10 Paternoster Square London EC4M 7LS www.londonstockexchange.com BORSA ITALIANA MARKET REVIEW - New historical highs for fixed income trading on MOT and
SIMPLE PRODUCTS, SOPHISTICATED STRATEGIES. ETF Exchange Traded Funds
SIMPLE PRODUCTS, SOPHISTICATED STRATEGIES ETF Exchange Traded Funds Index Introduction 1 Exchange Traded Funds: 3 - What they are - Main features - Investment modalities Structured ETFs: 6 - What they
IDEM. The Italian Equity Derivatives Market: high potential, real opportunity
IDEM The Italian Equity Derivatives Market: high potential, real opportunity Contents IDEM 01 FTSE MIB index 02 Product offering 04 Trading phases and types of order 11 Strategy trading 13 Wholesale facilities
Price list for trading services
IN FORCE AS OF JULY 7 th, 2014 Price list for trading services Pursuant to art. 3.3.4 of the Rules, to art. 1300 of the AIM Italia Mercato Alternativo del Capitale Membership Rules, to art. 1300 of the
Roll-Forward / Roll-Back plan for Borsa Italiana Markets migration to MIT Trading
M I T M I G R A T I O N P H A S E 2 M A I N M A R K E T S M I G R A T I O N T O M I T Roll-Forward / Roll-Back plan for Borsa Italiana Markets migration to MIT Trading Use of This Documentation This document
ETF. Exchange Traded Funds: simple products, sophisticated strategies
ETF Exchange Traded Funds: simple products, sophisticated strategies ETF Exchange Traded Funds ETFs have become successful for Italian investors because of their fundamental characteristics simplicity,
Technical User Group. Monday 31 March 2014. Page 1
Technical User Group Monday 31 March 2014 Page 1 Agenda Introduction Group Ticker Plant Update EuroTLX Migration to Millennium IT Settlement Cycle changes (T+2) CC&G New Clearing Front-end Q&A session
LONDON STOCK EXCHANGE and BORSA ITALIANA REAL TIME MARKET DATA PRICE LIST 1 July, 2013
LONDON STOCK EXCHANGE and BORSA ITALIANA REAL TIME MARKET DATA PRICE LIST 1 July, 2013 1 CONTENT LONDON STOCK EXCHANGE REDISTRIBUTION LICENSE CHARGES... 3 Category 1 UK data licenses... 3 Category 2 International
Customer Portfolio Margin
Customer Portfolio Margin USER GUIDE risksystems@theocc.com 1.888.678.4667 (1.888.OPTIONS) options@theocc.com Unpublished work 2008 The Options Clearing Corporation ('OCC'). No part of the documents or
LONDON STOCK EXCHANGE and BORSA ITALIANA REAL TIME MARKET DATA PRICE LIST 1 January, 2014
LONDON STOCK EXCHANGE and BORSA ITALIANA REAL TIME MARKET DATA PRICE LIST 1 January, 2014 CONTENT London Stock Exchange Redistribution License Charges... 3 Category 1 UK data licences... 3 Category 2 International
Includes on book trade reports and off book data. Includes on Exchange, off book and OTC trade reports.
MARKET DATA PRICE LIST 1 January, 2016 1 Data groups London Stock Exchange Level 2: Level 1: Post-trade data: Off book data: UK markets: Order Book for Retail Bonds (ORB) International markets: European
MiFID/MiFIR REPORTING FIELD COMPARISON
MiFID/MiFIR REPORTING FIELD COMPARISON MiFIR (PER ESMA CP 2014/1570) 1 Repting entity identification code Type of code used to identify the entity executing the transaction Legal entity : the wd LEI +
Service Manual for Trading on SEDEX market
B I T - M I L L E N N I U M E X C H A N G E Service Manual for Trading on SEDEX market Issue 1.3a July 2012 Contents Service Manual for Trading on SEDEX market... 1 Contents... 2 1. Introduction... 5 1.1.
T2S PROJECT Cross Border Settlement. Version 2.2
T2S PROJECT Cross Border Settlement Version 2.2 1 Contents 2 Document Management... 4 2.1 Document Distribution... 4 2.2 Document History... 4 2.3 Open Issues... 4 2.4 Definition, Acronyms and Abbreviations...
GOLD BULLION SECURITIES LIMITED IPROGRAMME FOR THE ISSUE OF UP TO 1,000,000,000 GOLD BULLION SECURITIES
FINAL TERMS Dated 31-October-2013 GOLD BULLION SECURITIES LIMITED IPROGRAMME FOR THE ISSUE OF UP TO 1,000,000,000 GOLD BULLION SECURITIES These Final Terms (as referred to in the base prospectus (the Prospectus
Order book for Retail Bonds. Efficiency and transparency in trading bonds for private investors
Order book for Retail Bonds Efficiency and transparency in trading bonds for private investors We aim to respond to private investor demand by offering a cost-effective, transparent and efficient mechanism.
Borsa Italiana Equity MTF Market Rules (BIt Eq MTF)
Borsa Italiana Equity MTF Market Rules (BIt Eq MTF) BORSA ITALIANA EQUITY MTF (BIt Eq MTF) Market Rules Index Glossary General provision and instruments admitted to trading 100 Membership 1000 Order book
SECURITIES AND FUTURES (REPORTING OF DERIVATIVES CONTRACTS) REGULATIONS 2013
Annex B SECURITIES AND FUTURES (REPORTING OF DERIVATIVES CONTRACTS) REGULATIONS 2013 DISCLAIMER: This version of the Regulations is in draft form and subject to change. It is also subject to review by
NAB Income & Investment Solutions. NAB Equity Options.
NAB Income & Investment Solutions. NAB Equity Options. NAB Equity Options NIIS NAB Equity Options Protect your equity holding Generate income Equity Options are financial instruments that can be tailored
& 2000 FACTS FIGURES. on the Italian Exchange. www.borsaitalia.it
& 2000 FIGURES on the Italian Exchange FACTS www.borsaitalia.it THE NEWS OF BORSA ITALIANA wlf THE ITALIAN DERIVATIVES MARKET LAUNCHED THE FIRST MINI FUTURES IN EUROPE: MINIFIB. Borsa Italiana launches
BItS Clearing Station (BCS) User Guide. Release: 4.0.5. June 2011. BCS User Guide
BItS Clearing Station (BCS) User Guide Release: 4.0.5 June 2011 BCS User Guide Summary INTRODUCTION...4 ABOUT BCS...4 WORK ENVIRONMENT...4 HOW TO GET STARTED...5 CLEARING CALENDAR...5 APPLICATION LAYOUT...7
SERVICE MODEL FOR DURUM WHEAT FUTURES TO BE TRADED ON THE AGREX SEGMENT OF IDEM MARKET AND GUARANTEED BY CASSA DI COMPENSAZIONE E GARANZIA
SERVICE MODEL FOR DURUM WHEAT FUTURES TO BE TRADED ON THE AGREX SEGMENT OF IDEM MARKET AND GUARANTEED BY CASSA DI COMPENSAZIONE E GARANZIA This document sets out the main features of the service model
UPDATING OF THE SETTLEMENT ACCOUNT FOR FREE OF PAYMENT INSTRUCTIONS WITH THE SWISS CSD SIX-SIS; TEST PLAN
CBS123 May 22nd 2012 UPDATING OF THE SETTLEMENT ACCOUNT FOR FREE OF PAYMENT INSTRUCTIONS WITH THE SWISS CSD SIX-SIS; TEST PLAN Monte Titoli is glad to inform its customers that free of payment (FOP) instructions
PORTUGAL : ENHANCEMENTS ON SETTLEMENT, TAX AND INFORMATION SERVICES
CBS109 30 December 2011 PORTUGAL : ENHANCEMENTS ON SETTLEMENT, TAX AND INFORMATION SERVICES Monte Titoli is pleased to share with its customers some significant enhancements to its service offering on
FINANCIAL TRANSACTION TAX
FINANCIAL TRANSACTION TAX (DERIVATIVE INSTRUMENTS AND OTHER SECURITIES) Unless otherwise specified, legal references are made to the Decree of the Minister of Economy and Finance of 21 February 2013. Article
Final Terms dated 20th October 2010. DEXIA CREDIOP S.p.A. ISSUE OF EUR 250,000,000 SERIE SPECIALE N. 2 TASSO FISSO 4,25% TRASFORMABILE 2010-2018
Final Terms dated 20th October 2010 DEXIA CREDIOP S.p.A. ISSUE OF EUR 250,000,000 SERIE SPECIALE N. 2 TASSO FISSO 4,25% TRASFORMABILE 2010-2018 UNDER THE 8,000,000,000 EURO MEDIUM TERM NOTE PROGRAMME PART
Contract Specifications: ICE Brent Crude Futures and Options Contract
Contract Specifications: ICE Brent Crude Futures and Options Contract ICE Brent Crude Futures Contract: Description The ICE Brent Crude Futures Contract is a deliverable contract based on EFP delivery
ORDER TRANSMISSION AND EXECUTION POLICY FOR PROFESSIONAL CLIENTS
ORDER TRANSMISSION AND EXECUTION POLICY FOR PROFESSIONAL CLIENTS 1. DEFINITIONS Execution Policy or simply the Policy or the Strategy: measures, mechanisms and procedures adopted by MPS CAPITAL SERVICES
MIT306 EuroTLX - MILLENNIUM EXCHANGE. FTP Services EuroTLX Instrument Currency
MIT306 EuroTLX - MILLENNIUM EXCHANGE FTP Services EuroTLX Instrument Currency Issue 1.0 January 2014 1 Contents 1 Introduction... 4 1.1 Purpose... 4 1.2 Readership... 4 1.3 Document series... 4 1.4 Document
Instruction IV.2-5 1/8
N Title LCH.Clearnet SA Instruction IV.2-5 MARGINING OF TRANSACTIONS ON DEBT SECURITIES EXECUTED ON TRADING AND MATCHING PLATFORMS AND ON THE MTS ITALY MARKET (CALCULATION METHODOLOGY) CHAPITRE 1 SCOPE
How to report transactions on OTC derivative instruments
COMMITTEE OF EUROPEAN SECURITIES REGULATORS Date: 8 October 2010 Ref.: CESR/10-661 GUIDANCE How to report transactions on OTC derivative instruments CESR, 11-13 avenue de Friedland, 75008 Paris, France
NASDAQ DUBAI OPERATING PROCEDURES CLEARING AND RISK MANAGEMENT FOR DERIVATIVES MARKET. March 2013 Ver1.6
NASDAQ DUBAI OPERATING PROCEDURES CLEARING AND RISK MANAGEMENT FOR DERIVATIVES MARKET March 2013 Ver1.6 CONTENTS 1. INTRODUCTION... 3 2. CLEARING SYSTEM... 5 3. OPERATING PROCEDURES FOR CLEARING OPERATIONS...
Margining Overview for London Stock Exchange Derivatives Market Equities
Margining Overview for London Stock Exchange Derivatives Market Equities Department: Risk Management Document Type: Guide Issue no.: 1.0 Issue Date: March 2012 Document History Date Version Author Summary
Structured products. Precision tools. A guide for private investors.
Structured products Precision tools. A guide for private investors. Structured products are listed securities available for trading on London Stock Exchange s regulated Main Market. Structured products
Covered Calls. Benefits & Tradeoffs
748627.1.1 1 Covered Calls Enhance ETFs with Options Strategies January 26, 2016 Joe Burgoyne, OIC Benefits & Tradeoffs Joe Burgoyne Director, Options Industry Council www.optionseducation.org 2 The Options
Transaction Reporting. User Guide TRANSACTION REPORTING. User Guide. December. November 2010
December November 2010 2008 Transaction Reporting User Guide TRANSACTION REPORTING User Guide This User Guide provides guidance for Investment Firms. Investment firms must comply with the requirements
Option Values. Option Valuation. Call Option Value before Expiration. Determinants of Call Option Values
Option Values Option Valuation Intrinsic value profit that could be made if the option was immediately exercised Call: stock price exercise price : S T X i i k i X S Put: exercise price stock price : X
Options Markets: Introduction
Options Markets: Introduction Chapter 20 Option Contracts call option = contract that gives the holder the right to purchase an asset at a specified price, on or before a certain date put option = contract
Definition. Market. Volatility levels allocated by the Issuer. Volatility Levels allocated by JSE
Warrants Definition A warrant is a geared financial instrument which gives the warrant holder the right but not the obligation to buy, sell or participate in the performance of the underlying security,
SLVO Silver Shares Covered Call ETN
Filed pursuant to Rule 433 Registration Statement No. 333-180300-03 April 15, 2014 SLVO Silver Shares Covered Call ETN Credit Suisse AG, Investor Solutions April 2014 Executive Summary Credit Suisse Silver
CHAPTER 20: OPTIONS MARKETS: INTRODUCTION
CHAPTER 20: OPTIONS MARKETS: INTRODUCTION 1. Cost Profit Call option, X = 95 12.20 10 2.20 Put option, X = 95 1.65 0 1.65 Call option, X = 105 4.70 0 4.70 Put option, X = 105 4.40 0 4.40 Call option, X
CFTC Letter No. 01-42 May 16, 2001 No-Action Division of Trading and Markets
CFTC Letter No. 01-42 May 16, 2001 No-Action Division of Trading and Markets Michael M. Philipp, Esq. Katten Muchin Zavis 525 West Monroe Street Suite 1600 Chicago, Illinois 60661-3693 Re: No-Action Request
Understanding Your Brokerage Account Statements
Understanding Your Brokerage Account Statements Understanding Your Brokerage Account Statements North American Securities Administrators Association, Inc.? What can my statement tell me? INTRODUCTION How
Basel Committee on Banking Supervision
Basel Committee on Banking Supervision Basel III: The standardised approach for measuring counterparty credit risk exposures: Frequently asked questions August 2015 This publication is available on the
The University of Texas Investment Management Company Derivative Investment Policy
Effective Date of Policy: August 21, 2014 Date Approved by U. T. System Board of Regents: August 21, 2014 Date Approved by UTIMCO Board: July 29, 2014 Supersedes: approved August 22, 2013 Purpose: The
Corporate Actions Policy
Corporate Actions Policy Effective date: 20 May 2013 Version: 3 1 Ind 1. Introduction 3 2. Definitions 3 3. General principles and conventions 3.1 Financial equivalence principle 3.2 Adjustments of derivative
SIX Swiss Exchange Ltd. Directive 3: Trading. of 17/07/2015 Effective from: 26/10/2015
SIX Swiss Exchange Ltd Directive 3: Trading of 7/07/05 Effective from: 6/0/05 Content. Purpose and principle... I General.... Trading day and trading period... 3. Clearing day... 4. Trading hours... II
TREASURY BONDS LINKED TO EURO-ZONE INFLATION (BTP is)
TREASURY BONDS LINKED TO EURO-ZONE INFLATION (BTP is) Treasury Bonds linked to Euro-zone inflation are securities that provide investors with protection against price increases. Both the principal to be
Financial Transaction Tax (Shares and other financial instruments subject to the tax)
Financial Transaction Tax (Shares and other financial instruments subject to the tax) Unless otherwise specified, legal references are made to the Decree of the Minister of Economy and Finance of 21 February
Spread Bet Options Trade and Margin Examples
Spread Bet Options Trade and Margin Examples Example Trades Buying a call Market: UK 100 (current price 6330) View: UK 100 to rise before mid June. Instrument: UK100 Jun Call 6600 (current price 30) Position:
Creation of an International Exchange Leader Strongly Positioned for Growth
London Stock Exchange Group plc and TMX Group Inc. Join Forces in Merger of Equals Creation of an International Exchange Leader Strongly Positioned for Growth 9 February 2011 Creation of an International
RULE B-15 SPONSORED OPTIONS. Section B-1501 Definitions
RULE B-15 SPONSORED OPTIONS This Rule B 15 is applicable only to the European or American Style Sponsored Options. The Underlying Interest for a Sponsored Option can be an Index or a Stock. Section B-1501
EQUITY LINKED NOTES: An Introduction to Principal Guaranteed Structures Abukar M Ali October 2002
EQUITY LINKED NOTES: An Introduction to Principal Guaranteed Structures Abukar M Ali October 2002 Introduction In this article we provide a succinct description of a commonly used investment instrument
London Stock Exchange Derivatives Market Contract Specifications
London Stock Exchange Derivatives Market Contract Specifications This document is for information only. London Stock Exchange Group has made reasonable efforts to ensure that the information contained
On November 17, 2015, Chicago Board Options Exchange, Incorporated ( CBOE or
(SECURITIES AND EXCHANGE COMMISSION) (Release No. 34-76909; File No. SR-CBOE-2015-106) January 14, 2016 Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Order Approving a Proposed
LSEG Response to Consultation Paper: ESMA s technical advice on possible delegated acts concerning the Prospectus Directive 2010/73/EU
LSEG Response to Consultation Paper: ESMA s technical advice on possible delegated acts concerning the Prospectus Directive 2010/73/EU 15 July 2011 Submitted online at: www.esma.europa.eu Executive Summary
How To Read Your Brokerage Account Statement
Understanding Your Brokerage Account Statements Understanding Your Brokerage Account Statements INTRODUCTION How am I doing financially? The best way to track your brokerage account activity and performance
Twinning Czech Republic Italy. Capital Market: Legislation and Regulations AGENDA STUDY VISIT
AGENDA STUDY VISIT THE ITALIAN REGULATORS AND OTHER PLAYERS IN THE ITALIAN FINANCIAL MARKET October 13-24, 2003 ROME MINISTRY OF ECONOMY AND FINANCE Via XX Settembre, 97 00187 Roma Contact person: Mr.
Single Stock Futures ( SSF ) Simple and constant gearing
Single Stock Futures ( SSF ) Simple and constant gearing 1 Content Situation 3 Simple geared share trading simple constant gearing single stock futures Solution 4 What are single stock futures? 5 Gearing
Net Liquidating Value Guide for Clearing Members
Net Liquidating Value Guide for Clearing Members January 2015 Contents 1 Introduction... 3 2 Margining Premium-Paid Up-front Options... 4 2.1 Buyer of an Option... 4 2.2 Seller of an Option... 5 3 Examples...
Seventh Issuance Term Sheet
BTP Italia Seventh Issuance Term Sheet Issuer Issuer ratings Issuance announcement Guaranteed minimum annual (real) coupon rate Republic of Italy Baa2 / BBB / BBB+ / A- (Moody s / S&P s / Fitch / DBRS)
SG TURBOS GEARED EXPOSURE TO AN UNDERLYING WITH A KNOCK-OUT FEATURE
SG TURBOS GEARED EXPOSURE TO AN UNDERLYING WITH A KNOCK-OUT FEATURE Turbos are products suitable for UK sophisticated retail and professional investors who have a good understanding of the underlying market
FX, Derivatives and DCM workshop I. Introduction to Options
Introduction to Options What is a Currency Option Contract? A financial agreement giving the buyer the right (but not the obligation) to buy/sell a specified amount of currency at a specified rate on a
PRECISION TOOLS FOR PROFESSIONAL INVESTORS. Listed structured products
PRECISION TOOLS FOR PROFESSIONAL INVESTORS Listed structured products Contents 2 Introduction 4 Trackers 6 Accelerated Trackers 8 Reverse Trackers 1 Bonus Trackers 12 Discount Trackers 14 Capital Protected
International expansion. Diversification. Growth. Annual Report
DISCLAIMER This PDF is an exact copy of the Annual Report and Accounts of London Stock Exchange Group plc as provided to shareholders. The audit report is set out on page 114. The maintenance and integrity
Exchanges for Physicals (EFP)
PROCEDURES FOR THE EXECUTION AND REPORTING OF EXCHANGE FOR PHYSICAL (EFP), EXCHANGE FOR RISK (EFR) AND SUBSTITUTION OF OTC DERIVATIVE INSTRUMENTS FOR FUTURES CONTRACTS TRANSACTIONS The purpose of the following
FTSE Emerging Markets Index Futures
FTSE Emerging Markets Index Futures COLOMBIA MALAYSIA HUNGARY TURKEY POLAND MEXICO CHILE BRAZIL RUSSIA TAIWAN CHINA INDONESIA PERU EGYPT PAKISTAN THAILAND INDIA SOUTH AFRICA The most EM assets under management:
Factors Affecting Option Prices
Factors Affecting Option Prices 1. The current stock price S 0. 2. The option strike price K. 3. The time to expiration T. 4. The volatility of the stock price σ. 5. The risk-free interest rate r. 6. The