News Centre

Nodal Exchange Achieves Records In Power And Environmental Futures

Date 04/05/2022

Nodal Exchange today announced new records in power and environmental futures.  In power, Nodal set a calendar month record for April with traded power futures volume of 244 million MWh, up 13.5% from 215 million MWh in April 2021. Nodal continues to be the market leader in North American power futures having the majority of the open interest at the end of April with a record 1.213 billion MWh representing $174 Billion of notional value based on both sides.

Federal Reserve Issues FOMC Statement

Date 04/05/2022

Although overall economic activity edged down in the first quarter, household spending and business fixed investment remained strong. Job gains have been robust in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.

BIS: Big Techs, QR Code Payments And Financial Inclusion

Date 04/05/2022

Summary

Focus

Information asymmetries between small firms and credit intermediaries can reduce financing of good investment opportunities and keep promising entrepreneurial projects from being developed. To help solve this problem, small enterprises can post collateral, rely on credit history or build close and long-term relationships with specific lenders. Big data and machine learning, however, have provided a new solution, allowing large technology firms ("big techs") to use credit scoring techniques to provide lending to clients operating in their business platforms.

SIX: Alpha League Table 2022: Who Are The French Champions Of Alpha?

Date 04/05/2022

SIX is proud to announce today’s disclosure of the 2022 edition’s results of THE BEST ASSET MANAGEMENT COMPANIES RANKING based on alpha, a risk-adjusted performance measure, an indicator of the manager's over-performance against the market.

TMX Group Announces Election Of Directors

Date 04/05/2022

TMX Group today announced that the nominees listed in the management proxy circular for the 2022 Annual and Special Meeting of Shareholders were elected as directors of TMX Group Limited. 

EBA Provides Its Advice To The EU Commission On Non-Bank Lending

Date 04/05/2022

The European Banking Authority (EBA) today published a Report on non-bank lending in response to the European Commission’s February 2021 Call for Advice on this topic. The EBA’s proposals aim at addressing risks arising from the provision of lending by non-bank entities in the areas of supervision, consumer protection, anti-money laundering and countering the financing of terrorism (AML/CFT), macro and microprudential risks.

BIS: Are Major Advanced Economies On The Verge Of A Wage-Price Spiral?

Date 04/05/2022

Key takeaways

• Inflation has returned, reaching levels not seen in decades. Whether inflation enters a persistently higher regime will depend on labour market developments, and on whether a wage-price spiral emerges.
• To date, evidence for a broad acceleration in wage growth is mixed. Wage growth has picked up significantly in the United States, but remains moderate in most other advanced economies, despite tentative signs of a renewed sensitivity of wages to inflation in some segments of the labour market and a pickup in inflation expectations.
• But extrapolating behaviour from low-inflation periods is problematic. If inflation remains high, households may ask for higher wages to make up for lost purchasing power and firms may raise prices to protect profit margins. And stubbornly high inflation may lead to institutional changes such as automatic indexation and cost-of-living adjustment clauses.

April 2022 Figures At Eurex

Date 04/05/2022

• Interest rate derivatives showing strongest growth among listed derivatives (up 21 percent)
• Repo Market volumes increasing by 75 percent y-o-y
• Notional outstanding in long-dated OTC interest rate swaps up 30 percent

Tradeweb Reports Trading Volume For April 2022

Date 04/05/2022

Tradeweb reported total trading volume of $21.6 trillion (tn) for April 2022 across our electronic marketplaces for rates, credit, equities and money markets. Average daily volume (ADV) for the month was $1.09tn, an increase of 22.1 percent (%) year-over-year (YoY).

U.S. Department Of The Treasury: Quarterly Refunding Statement Of Deputy Assistant Secretary For Federal Finance Brian Smith

Date 04/05/2022

The U.S. Department of the Treasury is offering $103 billion of Treasury securities to refund approximately $47.8 billion of privately-held Treasury notes maturing on May 15, 2022. This issuance will raise new cash of approximately $55.2 billion.