News Centre

DGCX Trades Total Value Of USD 11,623 Million During June

Date 07/07/2022

Dubai Gold and Commodities Exchange registered a monthly Average Open Interest (AOI) of 120,960 contracts for the month of June and notional value traded of USD 11.6 billion. With the rising global inflation, political instability and stock market volatility, market participants continued to turn to alternative safe-haven assets this month.

Cboe Global Markets Reports Trading Volume For June 2022

Date 06/07/2022

Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today reported June monthly trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the second quarter of 2022.

Group Managing Director/Chief Executive Officer, Nigerian Exchange Group Onyema Tasks Investors On Embracing Africa’s Growth Market

Date 06/07/2022

The Group Managing Director/Chief Executive Officer, Nigerian Exchange Group Plc, Mr. Oscar N. Onyema, OON has called for more investments in Africa’s marketplace. He made this disclosure on Tuesday, 5 July 2022 while delivering a speech at the African Risk and Compliance Summit held in London.

FSB Proposes Key Performance Indicators For Measuring Progress Toward The G20 Cross-Border Payments Targets

Date 06/07/2022

The Financial Stability Board (FSB) today published for public feedback an interim report on the approach for monitoring progress toward meeting the targets for the G20 Roadmap for Enhancing Cross-border Payments. The report provides preliminary recommendations about key performance indicators (KPIs) that could be used to monitor progress over time and identifies existing and potential sources of data for calculating those KPIs.

Statement From US Secretary Of The Treasury Janet L. Yellen On The Release Of The Final Pensions Rule

Date 06/07/2022

Today, President Joe Biden announced the release of the final rule for the Special Financial Assistance Program, an initiative of the American Rescue Plan that provides funding to improve the solvency of multiemployer pensions, aiding millions of workers and assisting over 200 multiemployer plans that faced the prospect of benefit cuts.

ISDA derivatiViews: Understanding Trading In The EU

Date 06/07/2022

As the EU considers changes to its Markets in Financial Instruments Directive and regulation (MIFID II/MIFIR), new ISDA research on derivatives trading in the region shows some interesting trends.

Minutes Of The Federal Open Market Committee, June 14-15, 2022

Date 06/07/2022

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on June 14–15, 2022.

Euronext Announces Volumes For June 2022

Date 06/07/2022

Euronext, the leading pan-European market infrastructure, today announced trading volumes for June 2022.

Intercontinental Exchange Reports June And Second Quarter 2022 Statistics - Second Quarter ADV Up 12% y/y - OI Up 3% y/y

Date 06/07/2022

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported June 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

BIS: What Drives Repo Haircuts? Evidence From The UK Market

Date 06/07/2022

Summary

Focus

Contract terms are rarely disclosed in repo markets, except for repo financed by US Treasury securities. As a result, we still know relatively little about the market-wide relationships between haircuts, collateral and counterparty characteristics. This is especially true of the European repo market, where there is a shortage of high-quality collateral since government bonds are of heterogeneous quality. Our paper fills this gap in the literature by estimating these relationships using a transaction-level UK data set and, importantly, by showing what types of market friction (eg adverse selection) are relevant for repo haircuts in general.