Europe ETP News
you are currently viewing:IMF Working Paper-Beyond Clearing: Central Counterparties' Investment and Risk Management of Cash from Margin CallsOctober 2, 2026--Summary This paper introduces a framework that expands this focus to include investment risks associated with the significant cash CCPs hold as margin and applies it to CCPs operating in-or of systematic importance for- the European Union (EU). Specifically, we analyze 'non-default' losses stemming from market risk and counterparty credit risk within CCPs’ cash investment strategies. Our findings show that the impact of market risk is generally contained due to strict eligibility criteria and the short duration of investments. However, counterparty credit risk from reverse repo exposures can be substantial, with frequently insufficient haircuts that do not provide sufficient protection against collateral devaluation, posing the potential to significantly deplete available CCP resources. Quantifying these risks sheds light on how margin calls can transmit financial stress from capital markets into money markets via CCPs' cash management practices. Source: imf.org |
Infrastructure Capital Advisors Celebrates Launch of S&P 500 Option Income UCITS ETF (SPYC)
September 21, 2026-SPYC is now listed on the LSE, Xetra and Borsa Italiana Exchanges and registered in 11 European markets
Infrastructure Capital Advisors ("Infrastructure Capital"), a leading provider of investment management solutions designed to meet the needs of income-focused investors, is celebrating the expansion of its offerings in Europe with SPYC.
New ETF and ETP Listings on September 21, 2026, on Deutsche Boerse
September 21, 2026-- The Invesco MSCI World UCITS ETF invests broadly in large and mid-cap companies across various sectors in 23 developed countries. This ETF share class is distributing.
New ETF and ETP Listings on September 17, 2026, on Deutsche Boerse
September 18, 2026--The Allianz Smart Active series is being expanded with two actively managed ETFs focusing on US and global markets.
New ETF and ETP Listings on September 17, 2026, on Deutsche Boerse
September 17, 2026--The Infrastructure Capital S&P 500 Option Income UCITS ETF is actively managed and invests in equity securities and option contracts whose economic characteristics are comparable to those of large US companies.
