News Centre

SEC Charges Kraken For Operating As An Unregistered Securities Exchange, Broker, Dealer, And Clearing Agency

Date 20/11/2023

The Securities and Exchange Commission today charged Payward Inc. and Payward Ventures Inc., together known as Kraken, with operating Kraken’s crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency.

CME Group Adjusted Interest Rate Total Return Futures Reach Record Open Interest, Volume

Date 20/11/2023

CME Group, the world's leading derivatives marketplace, today announced that S&P 500 Adjusted Interest Rate (AIR) Total Return futures reached an open interest (OI) record of 414,000 contracts on November 15, surpassing the prior record of 408,000 contracts on November 14.

EACH Responds To The FSB Consultation On Resources And Tools For CCP Resolution

Date 20/11/2023

The European Association of CCP Clearing Houses (EACH) welcomes the opportunity to provide feedback to the FSB consultation on resources and tools for CCP resolution. In summary:

BIS: Too Hot To Insure – Avoiding The Insurability Tipping Point

Date 20/11/2023

Sound insurance pricing and underwriting practices are essential to manage financial risks arising from climate change. At the same time, insurers' pricing and underwriting policies can influence climate risk adaptation and risk mitigation measures. 

A Measure Of Wheat For A Penny: Food Price Inflation In Historical Perspective - Speech By Andrew Bailey, Governor, Bank Of England, Given At The Henry Plumb Memorial Lecture

Date 20/11/2023

Building Firm Foundations For Healthy Cultures, Speech By Sheree Howard, UK Financial Conduct Authority, Executive Director Of Risk And Compliance Oversight

Date 20/11/2023

Highlights

• Heightened financial pressures mean making careful judgements around risk but should not mean dropping standards.
• A firm's 3 lines of defence should be separate but cohesive.
• Creating a culture of fearlessness, not fear, where employees can speak up and employers listen up is vital for healthy cultures.
• An organisation with a lack of diversity, equity and inclusion is at much greater risk of not having a healthy culture.

ETPs Inflows Continue With US$176m, Much Larger Volume Share Of Total Crypto - CoinShares: Fund Flows

Date 20/11/2023

• Digital asset investment products saw inflows totalling US$176m last week in a continuation of consecutive weekly inflows that has now lasted 8 weeks.
• ETP share of total crypto volumes is rising, averaging 11% compared to the long-term historical average of 3.4%, and well above the averages seen in the 2020/21 bull market.
• Bitcoin continued to dominate, seeing US$155m inflows, with the last 8 weeks of inflows representing 3.4% of AuM.

Borsa Istanbul: Updating Maximum Order Value Limits

Date 20/11/2023

Please click here for the announcement about updating maximum order value limits.

Dubai Financial Market And Shanghai Stock Exchange Sign MoU To Advance Cross-Border Collaboration

Date 20/11/2023

The Dubai Financial Market (DFM), Nasdaq Dubai, and Shanghai Stock Exchange (SSE) announced the signing of a Memorandum of Understanding (MoU) to further strengthen the ties between the capital markets of Dubai and China. This partnership marks a significant milestone in cross-border collaboration.

CLS FX Trading Activity, October 2023

Date 20/11/2023

Keith Tippell | Chief Product Officer, CLS

 “In October 2023, we saw average daily traded volumes of USD2.0 trillion, an increase of 3.6% compared to October 2022. Over the same period, FX forward volumes were up significantly by 57.8%, FX spot volumes increased by 0.6% and FX swap volumes decreased by 0.5%.”