News Centre

Reading Between The Lines? Textual Analysis Of Central Bank Communications, Federal Reserve Vice Chair Philip N. Jefferson, At The Macroeconomics And Monetary Policy Conference, Federal Reserve Bank Of San Francisco, San Francisco, California

Date 21/02/2025

Thank you, President Daly, for organizing this conference and for the opportunity to talk to this group. I have paid close attention to the papers presented at this annual conference in the past, and I look forward to today's presentations and discussion.

Bybit Incident Update: Unauthorized Activity Involving ETH Cold Wallet

Date 21/02/2025

What happened:

On February 21, 2025, at approximately 12:30 PM UTC , Bybit detected unauthorized activity within one of our Ethereum (ETH) Cold Wallets during a routine transfer process. The transfer was part of a scheduled move of ETH from our ETH Multisig Cold Wallet to our Hot Wallet. Unfortunately, the transaction was manipulated by a sophisticated attack that altered the smart contract logic and masked the signing interface, enabling the attacker to gain control of the ETH Cold Wallet. As a result, over 400,000 ETH and stETH worth more than $1.5 billion were transferred to an unidentified address.

Nigerian Exchange Market Report For February 21st, 2025

Date 21/02/2025

A total turnover of 2.001 billion shares worth N49.486 billion in 70,853 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.414 billion shares valued at N55.512 billion that exchanged hands last week in 80,988 deals.

Our T+1 Journey Starts Now - Speech By Mark Francis, UK Financial Conduct Authority Interim Director Of Wholesale Markets Sell-Side, At UK Accelerated Settlement Taskforce Industry Event

Date 21/02/2025

Highlights  

• We have welcomed the recommendations of the Accelerated Settlement Taskforce final report alongside the government and the Bank of England.
• Firms should engage with the recommendations and begin their preparations for the transition.
• T+1 will make our markets more efficient, improve liquidity, and support the growth and competitiveness of the UK.
• We have published a ‘one-stop shop’ web page for industry, in order to support T+1, and we will continue to support firms with the transition.

ACER Highlights The Need For Greater Clarity In The Proposed Swedish Gas Transmission Tariff

Date 21/02/2025

Today, ACER releases its report on the Swedish gas transmission tariff directed at the Swedish National Regulatory Authority (NRA), Energimarknadsinspektionen (Ei), and Transmission System Operator, Swedegas.

Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions Setting Interest Rates) - February 2025

Date 21/02/2025

Market operations

Extension of liquidity lines until January 2027

On 23 January 2025 the Governing Council approved the extension of the ECB repo lines with eight non-euro area central banks (Magyar Nemzeti Bank, Banca Națională a României, Bank of Albania, Andorran Financial Authority, National Bank of the Republic of North Macedonia, Central Bank of the Republic of San Marino, Central Bank of Montenegro and Central Bank of the Republic of Kosovo) until 31 January 2027. The decision was taken pursuant to the new framework for euro liquidity lines, which was adopted in 2023.

ESMA: New Q&As Available

Date 21/02/2025

Corporate And Municipal CUSIP Request Volumes Decline In January

Date 21/02/2025

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for January 2025. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly decrease in request volume for new corporate and municipal identifiers.

Malawi Stock Exchange Weekly Summary Report 21 February 2025

Date 21/02/2025

Click here to download Malawi Stock Exchange's weekly summary report.

ICE First Look At Mortgage Performance: Foreclosure Starts Jump As VA Moratorium Ends - Wildfire Delinquencies Emerge

Date 21/02/2025

• Delinquencies fell 24 basis points (bps) to 3.47% in January; that’s 10 bps higher than last year, but 33 bps below pre-pandemic levels
• Foreclosure starts jumped by 30% and sales rose by 25% in January – driven by an expiration in the VA foreclosure moratorium – with active inventory rising by 7% in the month
• While the number of borrowers past due as a result of last year’s hurricanes has fallen from 58K to 41K in recent months, the financial impact from the recent Los Angeles wildfires is emerging
• An estimated 680 homeowners in the path of the Los Angeles wildfires missed their January mortgage payment, and ICE daily mortgage performance data through Feb. 17 suggests as many as 3,300 borrowers may be at risk of missing their February payment
• Prepayment activity (SMM) fell to 0.48% in January, its lowest level in nearly a year, driven by the combination of modestly higher rates and the typical seasonal slowdown in home sale activity