News Centre

The Bank Of England On NBFI And Leverage, November 7, 2022, Opening Remarks, Scott O’Malia, ISDA Chief Executive

Date 07/11/2022

Good morning, and welcome to this special event on non-bank financial intermediation (NBFI) and leverage. I’m sorry I can’t be with you in person today, but I’d like to thank the Bank of England and the Alternative Investment Management Association for working with us to hold this very timely discussion.

BOX Options Market: Upcoming System Enhancement: Additional Trading Slices And Symbol Redistribution

Date 07/11/2022

This notice is being issued by BOX Options Market LLC (“BOX”) to provide preliminary information regarding an upcoming project that will introduce four additional Trading Slices and redistribute all listed symbols over the twelve Trading Slices. This change will impact SAIL Order Entry, SAIL Quote, SAIL Quote Purge, and the High Speed Vendor Feed(“HSVF”). The additional trading slices and symbol redistribution is planned for early Q2 2023.

The EBA Clarifies The Operationalisation Of Intermediate EU Parent Undertakings Of Third Country Groups

Date 07/11/2022

The European Banking Authority today published an Opinion to clarify the framework applicable to the set-up and operationalisation of intermediate EU parent undertakings (IPUs) by third country groups (TCGs) operating in the EU. This Opinion, which is addressed to the competent and resolution authorities, aims to ensure a harmonised and effective application throughout the Union of the requirement introduced by Article 21b of the revised Capital Requirements Directive (CRD5).

Concurring Statement Of CFTC Commissioner Christy Goldsmith Romero In CFTC v. Jeremy Rounsville - Accountability, Justice And Deterrence For Promoters Of Fraudulent Cryptocurrency Schemes

Date 07/11/2022

I concur in the Commodity Futures Trading Commission’s (CFTC) enforcement action against a promoter of a fraudulent cryptocurrency scheme.  While I support the CFTC’s enforcement action against this crypto-fraud promoter, and support a penalty and permanent trading and registration bans, I do not support the CFTC continuing its routine practice of allowing a defendant to settle without admitting to his illegal actions.

NGX Celebrates CIS On 30th Anniversary, Reopens Trading Floor

Date 07/11/2022

Nigerian Exchange Limited (“NGX” or “The Exchange”) hosted the Chartered Institute of Stockbrokers (CIS) to a Closing Gong ceremony to commemorate the Institute’s 30th anniversary alongside the reopening of the trading floor of the market on Monday, 7 November 2022.

Keith E. Cassidy And Natasha Vij Greiner Appointed Deputy Directors Of SEC Division Of Examinations

Date 07/11/2022

The Securities and Exchange Commission today named Keith E. Cassidy and Natasha Vij Greiner as Deputy Directors of the Division of Examinations.

CFTC Commissioner Pham To Deliver Remarks At The First Annual Symposium Of The Futures & Derivatives Law Report

Date 07/11/2022

BIS: The Case For Convenience: How CBDC Design Choices Impact Monetary Policy Pass-Through

Date 07/11/2022

Summary

Focus 

More and more central banks are transitioning from thinking about central bank digital currencies (CBDCs) in conceptual terms to considering a launch. Attention has shifted from high-level monetary policy and financial stability considerations to country-specific design and policy interactions.

FTT Liquidity Faces Key Test - Kaiko: Data Debrief

Date 07/11/2022

• Price Movements: For the first time since April, Lido staked ether (stETH) now trades at parity with ETH.
• Market Liquidity: Coinbase reported lower than expected earnings due to a continued rout in trade volume.
• Derivatives: ETH perpetual futures volume is now higher than BTC volumes as traders pounce at renewed volatility.
• Macro Trends: BTC's correlation with gold hit a 2-year high. 

Volume 105: CoinShares Digital Asset Fund Flows Weekly Report - Mixed Sentiment Following The FOMC Announcement Last Week

Date 07/11/2022

• Digital asset investment products saw minor outflows totalling US$15.6m last week, and a bad start to the month with outflows totalling US$19m.
• Bitcoin saw outflows totalling US$13m for the week. This follows a 7-week run of inflows and comes after the FOMC raised interest rates by a further 75 basis points.
• Short-Bitcoin investment products also saw outflows for the 3rd consecutive week totalling US$7.1m, bringing total outflows to US$28m.
• XRP saw inflows for the 3rd week totalling US$1.1m implying improving investor confidence as the SEC case against Ripple looks increasingly fragile.