News Centre

CFTC Appoints Jeffrey Sutton As Executive Director

Date 18/04/2023

The Commodity Futures Trading Commission today announced the appointment of Jeffrey Sutton as the CFTC’s Executive Director. Mr. Sutton joined the CFTC on April 10.

Washington Carbon Allowance Market Posts Record Volumes And First Options Trade On Nodal Exchange

Date 18/04/2023

Nodal Exchange and IncubEx are pleased to announce a record volume day and week in the Washington Carbon Allowance (WCA) market as well as the first WCA options trade.

EBA Consults On Approach To The Resubmission Of Historical Data Under The EBA Reporting Framework

Date 18/04/2023

• The EBA is proposing a common approach to the resubmission of historical data under the EBA reporting framework following one of the recommendations from the June 2021 EBA Report on the cost of compliance with supervisory reporting requirements.
• The proposed approach aims at ensuring  accurate, consistent and complete supervisory and resolution data, in a way that is efficient for both authorities and institutions.

Ontario Securities Commission Dialogue 2023: Regulating With Purpose

Date 18/04/2023

The Ontario Securities Commission’s (OSC) signature conference, OSC Dialogue takes place on Thursday, April 27, 2023, at the Metro Toronto Convention Centre (South Building). The registration desk will open at 8:00 a.m.

Validus Announces Appointment Of Julie Lalonde To Its Board Of Directors

Date 18/04/2023

Validus Risk Management (‘Validus’), the leading independent financial risk advisory and technology firm, today announces the appointment of Julie Lalonde, Managing Partner at Walter Global Asset Management (‘Walter GAM’) to its Board of Directors (‘Board’).

The Ball Is Now In The SEC’s Court: By Jeffrey O'Connor, Head Of Market Structure, Americas, At Liquidnet

Date 18/04/2023

“Gary Gensler is set to speak before the House Financial Services Committee today, however, expectations seem muted that we’ll get any direction on policy proposals.  With a flurry of comment and responses in the past two weeks it will be interesting to see if he addresses any of the specific comments. 

BIS: Global Tightening, Banking Stress And Market Resilience In EMEs

Date 18/04/2023

Market functioning in emerging market economies (EMEs) can easily be buffeted by spillovers from advanced economies. The taper tantrum is a prime example. In the light of this historical experience, this paper assesses how market functioning in EMEs evolved amidst the tightening cycles in major advanced economies that started in 2022 and during the banking problems in the United States and Switzerland in March 2023. We find that core markets in EMEs were resilient relative to previous market dysfunction episodes and there was no widespread market dysfunction in 2022 or 2023. Nevertheless, liquidity conditions in FX and government bond markets deteriorated and were similar to, or in cases worse than, previous episodes. But strained liquidity was a global phenomenon in 2022 and March 2023 in the context of elevated volatility. And liquidity conditions in fixed income markets were even worse in advanced economies than in emerging market economies. EME resilience seems to reflect a range of conjunctural and structural factors.

Analogies And Taboo Of The SEC's Market Reform, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 18/04/2023

Conscientious faithful words grate upon the ear. In an effort not to be lost in the ocean of comment letters to the SEC, we at Data Boiler want our views to be heard. In this article we use analogies to promote communication and understanding of the complex subject of market structure reform. Please do not block us from shedding light on taboo topics. Constructive debate helps avoid the phenomena of “blind people and an elephant”.

Testimony Of SEC Chair Gary Gensler Before The United States House Of Representatives Committee On Financial Services

Date 18/04/2023

Good morning, Chairman McHenry, Ranking Member Waters, and members of the Committee. Thank you for inviting me to testify today. As is customary, I will note that my views are my own, and I am not speaking on behalf of my fellow Commissioners or the staff.

Chinese Company Yangzhou Yangjie Electronic Technology Lists Its GDRs On SIX Swiss Exchange

Date 18/04/2023

Today, Yangzhou Yangjie Electronic Technology (Ticker "YJET") becomes the fourth company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange in 2023.