News Centre

ESMA Welcomes NCAs’ Work To Maintain Resilience Of Liability Driven Investment Funds

Date 30/11/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is welcoming the initiative of two National Competent Authorities’ (NCAs) in relation to Liability Driven Investment Funds (LDI Funds).

MNI Indicators: Chicago Business Barometer™- Tumbled To 37.2 - November Chicago Report™ Signals Deepening Downturn

Date 30/11/2022

The Chicago Business BarometerTM, produced with MNI, tumbled a further eight points to 37.2 in November, contracting for a third consecutive month. Excluding the 2020 pandemic shock, this was the lowest reading since the 2008/09 Global Financial Crisis.

NSE Indices Index Dashboard For The Month Ended October 2022

Date 30/11/2022

Click here to download the 'Index Dashboard' for the month ended November 2022.  

BISON Expands Its Offering To 17 Cryptocurrencies - Seven New Coins Are Now Available For Trading, Including SHIB, SAND, And DOGE

Date 30/11/2022

BISON, the crypto trading platform powered by Boerse Stuttgart Group, adds seven new coins to its crypto portfolio. BISON customers can now trade: Aave (AAVE), Algorand (ALGO), Decentraland (MANA), Dogecoin (DOGE), Polygon (MATIC), Sandbox (SAND), and Shiba Inu (SHIB). “We're constantly and carefully refining our product range and expanding our portfolio. With these new coins, we now cover both established altcoins as well as young, promising technologies and, as usual, continue to offer our customers a safe, reliable environment to trade and store their cryptocurrencies,” commented Dr. Ulli Spankowski, Chief Digital Officer of Boerse Stuttgart Group, as well as founder and CEO of BISON.

DTCC Shares Findings From Its Pilot With The Digital Dollar Project, Identifying Requirements For Supporting A U.S. CBDC In Securities Settlement

Date 30/11/2022

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today published its latest whitepaper, “Exploring Post-Trade Security Settlement with a U.S. Central Bank Digital Currency,” in collaboration with The Digital Dollar Project (DDP) and support from Accenture. The paper outlines key findings from the pilot (formerly known as Project Lithium), the first private sector initiative to explore how tokenized securities and a wholesale Central Bank Digital Currency (CBDC) could operate within the U.S. settlement infrastructure leveraging distributed ledger technology (DLT). The pilot included participation from leading market participant firms including Bank of America, Citi, Nomura, Northern Trust, State Street, Virtu Financial and Wells Fargo.

SERESCO To Start Trading On BME Growth On Friday, 2 December

Date 30/11/2022

• It becomes the twelfth company to join this BME market in 2022, reaching a valuation of 35.5 million euros on its market debut

Global Payments Survey Finds 85% Of Firms Are Ready For Real-Time Payments

Date 30/11/2022

• Almost two thirds of payments firms agree that over the next two years, there will be an increase in regulation, specifically around customer protection, data protection and cryptocurrency
• The future of payments is coming, with 85% of global firms ready for real-time payments within the next year
• Most (65%) firms report still using outdated processes, such as manual spreadsheets, for crucial financial processes such as reconciliations

Binance Acquires JFSA Registered Sakura Exchange BitCoin, Committed To Enter Japan Under Regulatory Compliance

Date 30/11/2022

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced it has acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider. Through this acquisition, Binance enters the Japanese market, as a Japan Financial Services Agency (JFSA) regulated entity. 

Broadridge’s LTX® Announces Leadership Transitions, Jim Kwiatkowski Named CEO Of LTX

Date 30/11/2022

LTX, Broadridge Financial Solutions, Inc.’s [BR: NYSE] artificial intelligence (AI)-driven digital trading business, today announced that Jim Kwiatkowski has been promoted to the role of CEO of LTX.

UK Financial Conduct Authority: Statement On Liability Driven Investment (LDI)

Date 30/11/2022

The FCA welcomes the statements made today by The Pensions Regulator, the Central Bank of Ireland and the Commission de Surveillance du Secteur Financier (CSSF- Luxembourg) on the resilience of Liability Driven Investment (LDI) portfolios and the operational governance of pensions schemes using Liability Driven Investment strategies.