News Centre

DataLend: Securities Lending Revenue Rose 1% Year-Over-Year To $2.65 Billion In Q3 2023 - Global Revenue Keeps Pace With APAC Equities Heating Up And U.S. Specials Cooling Toward The End Of Q3

Date 03/10/2023

The global securities finance industry generated $2.65 billion in revenue for lenders in the third quarter of 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 1% increase from the $2.63 billion generated in Q3 2022.

BIS: Mapping The Realignment Of Global Value Chains

Date 03/10/2023

Key takeaways

• The latest firm-level network data reveal that global value chains have lengthened, although without the accompanying network densification that might indicate that supplier relationships are diversifying.
• Lengthening of supply chains is especially significant for supplier-customer linkages from China to the United States, where firms from other jurisdictions, notably in Asia, have interposed themselves in the supply chain.
• Nevertheless, these recent developments have not so far reversed the long-running trend toward greater regional integration of trade in recent decades, especially in Asia.

BIS: Basel Committee Reports On Basel III Implementation Progress

Date 03/10/2023

• Update sets out the adoption status of the Basel III framework in member jurisdictions as of end-September 2023.
• Shows good progress since previous report in October 2022 in implementing the outstanding Basel III standards with 1 January 2023 due date.
• Committee will continue to closely monitor and assess the full and consistent implementation of Basel III.

Cboe Global Markets And S&P Dow Jones Indices To Launch New Credit VIX Indices On October 13

Date 03/10/2023

• Four new Credit Volatility Indices (Credit VIX) developed based on Cboe's proprietary VIX® Index methodology and S&P Dow Jones Indices' CDX and iTraxx Indices
• Designed to provide a VIX Index-like measure for credit market volatility 
• New indices added to Cboe's growing volatility index suite

Moscow Exchange Trading Volumes In September 2023

Date 03/10/2023

In September 2023, total trading volumes across Moscow Exchange’s markets grew by 67.0% to RUB 124.1 trln (RUB 74.3 in September 2022). Unless stated otherwise, all figures below refer to performance for August 2023 and all comparisons are with the same period last year.

Purdue University/CME Group Ag Economy Barometer: Weakening Crop Prices And High Production Costs Weigh On Farmer Sentiment

Date 03/10/2023

Agricultural producers' sentiment declined for the second month in a row, as the Purdue University/CME Group Ag Economy Barometer index fell 9 points to a reading of 106 in September. Producers expressed concern about their current situation as well as future prospects for their farms. The Current Conditions and Future Expectations Indices both declined 10 points to a reading of 98 and 109, respectively. Notably, all three indices stand below their readings from one year ago. This month's Ag Economy Barometer survey was conducted from September 11-15, 2023.

TRG Screen Announces Strategic Growth Investment From Vista Equity Partners - Partnership With Vista Reinforces TRG Screen’s Leadership In Enterprise Subscription Spend And Usage Management; Capital Will Accelerate Growth Initiatives To Address An Increasingly Complex Market Data And Information Environment

Date 03/10/2023

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption. 

GPW: Stock Of Prosus, Owner Of OLX And PayU, And Stock Of ASML Holding To Be Newly Listed On GlobalConnect

Date 03/10/2023

• Shares of the Dutch investment group Prosus, owner of OLX and PayU among others, and ASML Holding, a leading supplier on the global semiconductor market. will be newly listed on GPW’s foreign stock market GlobalConnect on 5 October 2023
• The shares will be introduced to trading on GlobalConnect following an application of the Introducing Market Maker, Santander Biuro Maklerskie

OCC Reports September 2023 Monthly Volume Data

Date 03/10/2023

OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through September 2023 was 44.4 million contracts. Total monthly volume for September 2023 was 847.8 million contracts.

ESMA To Launch Common Supervisory Action On MiFID II Sustainability Requirements

Date 03/10/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, will launch a Common Supervisory Action (CSA) with National Competent Authorities (NCAs) on the integration of sustainability in firms’ suitability assessment and product governance processes and procedures in 2024.