News Centre

ISDA derivatiViews: Responding To Market Stress

Date 24/04/2023

Recent banking failures in the US and the acquisition of Credit Suisse by UBS are the latest in a series of stress events to have rocked financial markets, which includes the March 2020 dash for cash and the September 2022 UK liability driven investment (LDI) crisis. In the case of Silicon Valley Bank, the collapse appears to have been caused by risk management failures combined with a high interest rate environment. In other cases, such as the dash for cash and the LDI crisis, extreme market volatility caused a liquidity crunch and widespread selling of assets, disrupting the functioning of core markets like US Treasuries and gilts. It’s prompted regulators and market participants to think hard about how to mitigate the impact of future events, and ISDA is feeding into that work in several key areas.

Prepared Remarks Before The 2023 42nd Annual Small Business Forum, SEC Chair Gary Gensler, Washington D.C., April 24, 2023

Date 24/04/2023

Thank you, Amy, for that kind introduction. Welcome to the SEC’s 42nd Annual Government-Business Forum on Small Business Capital Formation.

US Department Of Justice: North Korean Foreign Trade Bank Representative Charged In Crypto Laundering Conspiracies

Date 24/04/2023

Two federal indictments were unsealed today in the District of Columbia charging a North Korean Foreign Trade Bank (FTB) representative for his role in separate money laundering conspiracies designed to generate revenue for the Democratic People’s Republic of Korea through the use of cryptocurrency.

CME Group Completes Key Milestones In Conversion Of Eurodollar Futures, Options And Cleared Swaps To SOFR-Based Derivatives

Date 24/04/2023

• 7.5 million contracts in Eurodollar OI and $4 trillion in cleared USD LIBOR swaps successfully converted to SOFR in April
• SOFR futures and options open interest reaches 48 million contracts
• CME Term SOFR use exceeds $3.7 trillion in loans, 2,400 licensed firms

FTSE Mondo Visione Exchange's Index Up 5% In March And 4.5% In Q1

Date 24/04/2023

Financial markets have had an action-packed start to the year. However, exchanges posted mixed performances amidst instability and dislocations.

ACER Publishes Unit Investment Costs Indicators For Energy Infrastructure Categories

Date 24/04/2023

Pursuant the TEN-E Regulation (Article 11(9)), every three years ACER shall establish and publish a set of indicators and corresponding reference values for the comparison of unit investment costs (UICs) for comparable projects of the energy infrastructure categories included in Annex II.

Q1 2023 Capital Markets Fact Sheet - A Quarterly Visual Overview Of Trading On European Capital Markets From FESE's Stats Team

Date 24/04/2023

The uncertainty in the geopolitical and, more recently, financial spheres - following the recent events in the banking sector - together with high inflation and interest rates may continue to affect markets in Q1 2023.

Coinbase Targets Offshore Amid Falling Volumes - Kaiko Research: Data Debrief

Date 24/04/2023

Last week, Coinbase received approval to operate an offshore derivatives exchange, based in Bermuda. This move makes a lot of sense, particularly when looking at Coinbase’s share of total spot volumes.

Single Rulebook And Linklaters Join Forces To Launch Law Compare

Date 24/04/2023

Single Rulebook, a leading integrated software platform for the management of regulatory rules, and Linklaters, a global law firm focused on bringing legal certainty in a changing world, today announced the launch of Law Compare. The new service is an intuitive online tool, which helps lawyers view, compare and annotate UK versions of financial services legislation alongside the equivalent EU rules in order to manage the divergence of once-harmonised regulation.

MIAX Announces Launch Of New Website Designed To Support Growth And Expansion

Date 24/04/2023

Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), The Bermuda Stock Exchange (BSX), and Dorman Trading LLC, today announced the launch of its new corporate website, www.miaxglobal.com.