News Centre

Deutsche Börse Group Starts The 2023 Financial Year With Further Significant Growth

Date 26/04/2023

Deutsche Börse Group has just published its quarterly statement Q1/2023. Please scroll down for the link to the entire report. 

CFTC Chairman Behnam To Be Featured Guest for Odd Lots Podcast At ISDA’s 37th Annual General Meeting

Date 26/04/2023

BOX Exchange: Bid-Ask Differentials For Various Symbols Through June 17, 2023

Date 26/04/2023

BOX Exchange LLC (“BOX”), recently distributed Notice 2023-31 detailing modified bid-ask differentials for certain option classes effective through June 17, 2023.
 

UBS Launches ETN Tracking Solactive Whitney U.S. Critical Technologies Index

Date 26/04/2023

Solactive is pleased to announce that UBS Investment Bank listed the new ETRACS Whitney US Critical Technologies ETN, tracking the Solactive Whitney U.S. Critical Technologies Index. The launch marks the first engagement of Solactive with J.H. Whitney Data Services LLC.

NGX Group Becomes First Exchange Group Globally To Achieve EDGE Certification

Date 26/04/2023

Nigerian Exchange Group Plc (NGX Group) is pleased to announce that it has been awarded the EDGE certification, making it the first exchange group globally and the first indigenous Nigerian organization to be EDGE certified. NGX Group was certified at the EDGE Assess level, which highlights the progress the company has made on diversity, equity, and inclusion and its commitment to ensuring equal opportunities across its talent pool.

CFTC Commissioner Johnson To Participate On Panel At ISDA’s 37th Annual General Meeting

Date 26/04/2023

BIS: Sovereign Risk And Bank Lending: Evidence From 1999 Turkish Earthquake

Date 26/04/2023

Summary

Focus

Banks are important providers of credit to both non-financial borrowers and governments. Lending to their own sovereigns increases their exposure to sovereign risk. An increase in sovereign risk directly affects bank balance sheets when they hold sovereign debt. The decline in asset value reduces bank net worth, which can then constrain bank borrowing and lending. The surge in government borrowing across both advanced and emerging markets, spurred by the Covid-19 crisis, has reignited these concerns. Recent turmoil in the banking sector further underscores the potential impact of valuation losses from sovereign securities.

ACER To Consult On Methodology For Electricity Intraday Flow-Based Capacity Calculation In The Core Region

Date 26/04/2023

On 4 April 2023, the regulatory authorities of the Core capacity calculation region referred to ACER two proposals from the Transmission System Operators (TSOs) in their region for amendments to the Core region electricity intraday capacity calculation methodology.

City Week: How Regulation Can Help The UK Lead In FinTech - Speech By Emily Shepperd, UK Financial Conduct Authority Chief Operating Officer And Executive Director Of Authorisations, Delivered At City Week 2023

Date 26/04/2023

Highlights

• Regulators can help firms innovate by setting firm foundations on which they can grow. The sooner firms get a handle on regulatory issues, the sooner they can thrive and grow. 
• The FCA has helped firms foster innovation through our Sandboxes, Innovation Pathways and Early and High Growth Oversight schemes.
• The UK remains the most attractive destination for financial technology investment in Europe, and is globally second only to the United States.

Financial Year 2022: EEX Group Strengthens Global Market Position In A Turbulent Environment

Date 26/04/2023

In 2022, EEX Group was able to expand its global position in all business areas. The international exchange group headquartered in Leipzig increased its total revenues by 33% to EUR 482.4 million (2021: EUR 362.4 million). Earnings before interest and taxes (EBIT) rose to EUR 239.2 million, an increase of 74% compared to 2021. EEX Group recorded strong growth in particular in natural gas trading and in the North American commodity markets. The services of the clearing house ECC were a strong foundation for the company's success.