News Centre

It's Merge Week - Kaiko Research: Data Debrief

Date 12/09/2022

• Price Movements: Markets experienced a strong rebound dominated by ETH, which closed the week up 12%. 
• Market Liquidity: USDC, TUSD, and USDP accounted for just 3% of total stablecoin volume on Binance before the exchange announced plans to de-list pairs and auto-convert deposits to BUSD.
• Derivatives: Open interest for Ethereum Classic (ETC) recently hit all time highs as miners shift computational resources to the hard-forked PoW Ethereum chain.
• Macro Trends: Risk assets rallied despite the largest-ever ECB rate hike and growing energy concerns. 

ESAs Warn Of Rising Risks Amid A Deteriorating Economic Outlook

Date 12/09/2022

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today their Autumn 2022 joint risk report. The report highlights that the deteriorating economic outlook, high inflation and rising energy prices have increased vulnerabilities across the financial sectors. The ESAs advise national supervisors, financial institutions and market participants to prepare for challenges ahead.

Investor Jitters Over The Merge Prompt Outflows From Ethereum - CoinShares Research: Fund Flows

Date 12/09/2022

The headline for this week's Fund Flows Report is:Investor jitters over the Merge prompt outflows from Ethereum.

EBA Issues Opinion On Measures To Address Macroprudential Risk Following Notification By De Nederlandsche Bank

Date 12/09/2022

The European Banking Authority (EBA) published today an Opinion following the notification by De Nederlandsche Bank (Central Bank of the Netherlands) of its intention to extend a macroprudential measure introduced in 2020 and activated on 1 January 2022. The measure imposes a minimum average risk weight on Dutch housing loan portfolios for credit institutions that have adopted an internal ratings-based (IRB) approach. Based on the submitted evidence the EBA does not object to the extension of the measure.

LuxSE Marks KfW’s EUR 50 Bn Green Bond Milestone

Date 12/09/2022

KfW, a promotional bank owned by the Federal Republic of Germany and the German federal states, has reached the milestone of EUR 50 billion in total green bond issuance since 2014. This achievement was marked by a Ring the Bell ceremony at the Luxembourg Stock Exchange (LuxSE), the reference listing venue for KfW’s green bonds.  

Intercontinental Exchange Publishes Seventh Annual Sustainability Report

Date 12/09/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today released the company’s annual sustainability report, which includes environmental, social and governance (ESG) highlights from the last year and outlines the ways in which ICE continues to advance its ESG initiatives. ICE issued its first sustainability report in 2016 and has continued to release a new report each year for the past seven years.

TMX Group Equity Financing Statistics – August 2022

Date 12/09/2022

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for August 2022.

CME Group Announces Launch Of Ether Options

Date 12/09/2022

CME Group, the world's leading derivatives marketplace, today announced the launch of options on Ether futures.

Bank Of England Market Notice – Operational Arrangements – 19 September 2022 Bank Holiday

Date 12/09/2022

A bank holiday for the State Funeral of Her Majesty Queen Elizabeth II has been announced for Monday 19 September 2022. This Market Notice sets out a number of changes to the Bank of England’s (the Bank’s) operational arrangements on the bank holiday and over the mourning period.

Joint ESA Report On Risks And Vulnerabilities In The EU Financial System No 2 2022

Date 12/09/2022

The recovery associated with the receding pandemic has slowed as a result of the Russian aggression in Ukraine. It has contributed to high inflation and is damaging the economic outlook, which led to increased financial market risks across the board. The economic and financial impact of the invasion has been felt globally, alongside enormous humanitarian consequences. Prices in energy and commodity markets have risen to record highs. Production and logistics costs have risen and household purchasing power has weakened. After a long period characterised by very low inflation and interest rates, policy rates are being raised in response to high inflation. The resulting higher financing costs and lower economic growth may put pressure on the government, and on corporate and household debt refinancing. It will likely also have negative impact on the credit quality of financial institution loan portfolios. Financial institutions are moreover faced with increased operational challenges associated with heightened cyber risks and the implementation of sanctions against Russia. The financial system has to date been resilient despite the increasing political and economic uncertainty.