SSE launched a new research project on the role of derivatives exchanges in promoting sustainable development. The Derivatives Exchanges Advisory Group is is open to SSE Partner Exchanges, Observers, and key stakeholders (including members of the SSE’s Regulator, Investor and Corporate Working Groups).
If you are interested in joining the SSE Derivatives Exchanges Advisory Group please contact us at [email protected]
The ‘Zero Draft’ brainstorming webinar took place on Monday 20 July 2020 at 09:00 and 16:00 Geneva Time.
- Webinar Summary
Summary
The United Nations Sustainable Stock Exchanges (SSE) initiative hosted a webinar meeting of the SSE Derivatives Exchanges Advisory Group to discuss the role of derivatives exchanges in promoting sustainable development. The meeting brought together exchanges, regulators, and investors in order to review the zero draft of a new report on how derivatives exchanges can promote sustainable development. The SSE held two webinars to accommodate the many time zones of all members of the Advisory Group. In total there were 42 participants joining from 19 countries around the world, including representatives of 21 derivatives exchanges.
The discussions were moderated by CME, the Chair of this Advisory Group, who walked readers through the zero draft and facilitated lively discussions among the group about how the paper should further develop. Members of the SSE Advisory Group expressed a need for more action among exchanges to evaluate the current sustainability-related developments and create new practices and products that will promote sustainable development. The Advisory Group highlighted the importance of the SSE project for assisting exchanges by informing broader international discussions about how derivatives products can foster sustainability.
Speakers on the call included representatives from: ABM Amro, ASX, Bloomberg, BSE, Euronext, FIA, HKEX, ICE, LME, Tadawul, SGX, and others.
Next Steps
Based on the inputs of this Advisory Group, both during the meeting and in subsequent written comments, the SSE will produce another iteration for comment to be circulated to the Advisory Group in September. Following that we will have one more final comment period before we finalize the document and publish it in December 2020.
Who’s in the Advisory Group?
Besides the chair, the Chicago Mercantile Exchange (CME Group), the SSE Derivatives Exchanges Advisory Group includes the following organizations:
- List of Participants
The webinar had 42 participants from 20 markets, including 21 exchanges.
MARKET TYPE ORGANISATION NAME Argentina Exchange Bolsa de Comercio de Rosario Patricio Brentan Argentina Exchange Matba Rofex Camila Ajler Australia Exchange Australian Securities Exchange Bradley Campbell Canada Exchange TMX Group Andrew Hall China Exchange Hong Kong Exchanges and Clearing Andy Lau China Exchange Hong Kong Exchanges and Clearing Grace Hui Egypt Exchange Egyptian Exchange Ahmed Rushdy France Exchange Euronext Lionel Porte France Exchange Euronext Geoffrey Mazmanian France Exchange Euronext Fabrice Rahmouni France Exchange Euronext Charlotte Alliot India Exchange BSE (formerly Bombay Stock Exchange) Girish Joshi Italy Exchange London Stock Exchange Group Sara Lovisolo Japan Exchange Japan Exchange Group; Inc. Anna Hill Japan Exchange Japan Exchange Group; Inc. Keiko Koyama Kazakhstan Exchange Kazakhstan Stock Exchange Zhandos Rakhimov Kazakhstan Exchange Kazakhstan Stock Exchange Ainagul Iskakova Mexico Exchange Bolsa Mexicana de Valores José Miguel De Dios Mexico Exchange Bolsa Mexicana de Valores Martha Nalleli Barajas López New Zealand Exchange New Zealand Stock Exchange Nick Morris Saudi Arabia Exchange Saudi Stock Market - Tadawul Ahmed Sager Saudi Arabia Exchange Saudi Stock Market - Tadawul Roland Bellegarde Singapore Other Independent Consultant Stefan Ullrich Singapore Exchange Singapore Exchange Michael Tang Singapore Exchange Singapore Exchange Suchitra Subramanian Thailand Regulator SEC Thailand Baramee Singhaseni Thailand Regulator SEC Thailand Napaporn Girapunthong Thailand Regulator SEC Thailand Sarocha Tangsatayapirom Thailand Regulator SEC Thailand Jantakarn Pangutha The Netherlands Other ABN Amro Pauline Engelberts Turkey Exchange Borsa Istanbul Recep Bildik Turkey Exchange Borsa Istanbul Muhteşem Karbaş United Kingdom Exchange CME Group Owain Johnson United Kingdom Other Futures Industry Association - FIA John Graham United Kingdom Other Bloomberg Sallianne Taylor United Kingdom Other Futures Industry Association - FIA Christiane Leuthier United Kingdom Other Independent Consultant Norma Tregurtha United Kingdom Exchange London Metal Exchange - LME Georgina Hallett United States Exchange CBOE Kyle Edwards United States Investor Ceres Hugh Brown United States Exchange CME Group Julie Winkler United States Exchange Intercontinental Exchange / New York Stock Exchange Brookly McLaughlin