News Centre

The Return Of The Bulls - Kaiko Research: Data Debrief

Date 17/01/2023

• Price Movements: Bullish sentiment has returned to crypto, with BTC up 20% over the past week.
• Market Liquidity: Binance.US's market share relative to other U.S. exchanges climbed to 15%, a marked increase after dropping to 6% post-FTX.  
• Derivatives: BTC open interest fell sharply after a short squeeze caused millions in liquidations.
• Macro Trends: Crypto is strongly outperforming equities to start the year.

ESMA: Costs Of Retail Investment Products Continue Slow Decline

Date 17/01/2023

The European Securities and Markets Authority (ESMA), the EU financial markets regulator and supervisor, today publishes its fifth annual report on the costs and performance of European Union (EU) retail investment products. In the report ESMA looks at the market between 2012 and 2021 and finds that the costs of investing in the most important retail financial products continued to decline, albeit at a very slow pace.

LME Group General Counsel Tom Hine To Step Down

Date 17/01/2023

The London Metal Exchange (LME) today announces that Tom Hine, LME Group General Counsel and Head of Enforcement, will step down at the end of January after 17 years of service.

Total Value Locked On THORChain Reaches New All-Time High

Date 17/01/2023

• User adoption of THORChain’s cross-chain liquidity protocol and associated ecosystem services accelerates following the collapse of centralized counterparts.
• THORWallet DEX named in Crypto Valley’s Top 50 best performing blockchain companies for 2022, analyzed and compiled by Crypto Valley Venture Capital (CV VC).

Eventus Closes Out Record Year, With Significant Plans For Enhancing Validus Platform In 2023

Date 17/01/2023

As financial markets compliance professionals faced some of their toughest challenges to date, Eventus<http://www.eventus.com> – a leading global provider of multi-asset class trade surveillance and market risk solutions – today said that the firm continued its significant growth trajectory in 2022 with another record year. The company more than doubled revenues from 2021 as more firms doing business in multiple asset classes across the globe deployed its customizable Validus platform and collaborated with Eventus experts in markets and regulatory affairs.

Investments By Dubai Future District Fund Advances Economic Contribution From Future-Focused Start-Ups

Date 17/01/2023

• Omar Al Olama: the UAE is keen to provide the best ecosystem to create the newest generation of start-ups and global unicorns
• Driving a robust growth in the economy and enhancing the country’s global competitiveness
• Investments span venture capital funds, future of finance and future economy businesses
• Investments made in start-ups – ranging from seed through to Series B funding

On January 13, Borsa İstanbul Launched Futures Contracts Based On BIST Sustainability 25 Index In Derivatives Market (VIOP)

Date 17/01/2023

Futures contracts based on the BIST Sustainability 25 Index were launched on Borsa İstanbul Derivatives Market (VIOP) on January 13, 2023. Thanks to the futures contracts based on the BIST Sustainability 25 Index, which includes the shares of companies with high sustainability performance and traded on Borsa İstanbul, investors have a new financial product that will provide them to distinguish companies that adopt sustainability and corporate social responsibility principles and to invest in these companies. This new index contract, which has the same features as the existing index contracts and to which Takasbank will provide Central Counterparty service, will be terminated with a cash settlement at the end of maturity of the relevant contracts.

The Payments Association Launches New ESG Initiative To Drive Sustainable Change - Project ESG Will Deliver A Programme Of Insights, Learning And Developments, Supported By ESG Ratings Agency EthicsGrade’s CEO, Charles Radclyffe

Date 17/01/2023

The Payments Association, which celebrates innovation and collaboration across the payments industry, today announces the launch of Project ESG. The Payments Association’s seven Projects drive industry change to shape the future of the payments landscape. Project ESG will aim to encourage companies in the payments industry to adopt progressive strategies for how they impact the environment, our society and their governance in a sustainable way.

Bursa Malaysia Derivatives Announces Winners Of The Derivatives Virtual Trading Challenge 2022

Date 17/01/2023

Bursa Malaysia Derivatives Berhad (“Bursa Malaysia Derivatives” or “the Exchange”) recently held a prize giving ceremony for the top five winners of its nationwide Bursa Malaysia Derivatives Virtual Trading Challenge 2022 (“DVTC 2022”) which was held from 7 November 2022 to 6 December 2022. The objective of the Challenge is to raise awareness and interest in the Malaysian derivatives market among millennials and undergraduates through experiential learning, while providing essential knowledge for beginners to start trading derivatives instruments in an informed manner.

UK Financial Conduct Authority: Michael Nascimento Sentenced For Failing To Pay Confiscation Order

Date 17/01/2023

Michael Nascimento has been sentenced to an additional almost four years in prison for failing to pay a confiscation order made against him.