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BIS: Is Green The New Black?
Date 26/05/2022
From black swans to green swans, Luiz Pereira da Silva discusses climate risks and what sustainable finance can realistically do for the transition to net zero, also in the light of the recent increase in energy prices.
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LevelField Financial Selects METACO To Launch Digital Asset Management Capabilities On IBM Cloud - US Financial Services Firm And Banking Platform To Launch Digital Asset Custody Services Underpinned By Tier-1 Bank-Grade Technology
Date 26/05/2022
LevelField Financial, the premier U.S. financial services firm uniting digital assets and traditional banking services in one trusted platform has selected METACO, the market-leading provider of digital asset custody orchestration technology to complex, global financial institutions. LevelField is deploying its institutional digital asset management operations on IBM Cloud in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure.
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CQG Joins FIA Tech’s Databank Network As First ISV
Date 26/05/2022
FIA Tech, the leading technology provider to the exchange-traded derivative industry, announced today that CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, has joined the FIA Tech Databank Network.
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SGX RegCo To Further Extend Suspension Of Entry Into Issuers’ Watch-List
Date 26/05/2022
Further to our announcement on 21 May 2021, Singapore Exchange Regulation (“SGX RegCo”) in consultation with the Monetary Authority of Singapore (“MAS”) will continue to suspend its half-yearly review to place issuers on the Financial Watch-List until 1 June 2023.
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EACH Responds To The European Commission Legislative Proposal On CSDR Refit
Date 26/05/2022
The European Association of CCP Clearing Houses (EACH) has today responded to the CSDR Refit-based legislative proposal from the European Commission. Overall, EACH does not have any major objections or issues with the legislative proposal published by the European Commission. Our main point is highlighting the gap left by the removal of Mandatory Buy-in (MBI) regime for the special case of CCP cleared share transactions. Where the proposal on delayed MBI regime is concerned, EACH supports that any potential provisions imposed by the Commission on mandatory buy-ins avoid the ‘one-size-fits-all’ approach. Furthermore, we consider it important to account for how the settlement discipline-related post-trading picture interrelates with the trading picture (e.g., the effects of internalised settlement volumes).
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Trader TV: The Positive Interaction Of Retail And Institutional Order Flow
Date 26/05/2022
Institutional traders are engaging with retail order flow, as that market segment has boomed. The positive effect for both institutional and retail investors is to better support execution when order flow becomes highly directional – as the two demographics typically trade against one another.
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Monetary Authority Of Singapore Imposes Additional Capital Requirement On OCBC Bank For Deficiencies In Response To Spoofed SMS Phishing Scams
Date 26/05/2022
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement, of approximately S$330 million, on OCBC Bank (OCBC), given deficiencies in the bank’s response to a wave of spoofed SMS phishing scams in December 2021. OCBC is required to apply a multiplier of 1.3 times to its risk-weighted assets for operational risk. This translates to an additional amount of approximately S$330 million in regulatory capital (based on reported financial statements as at 31 March 2022).
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Bitfinex Securities Ltd. Appoints Jesse Knutson As Head Of Operations
Date 26/05/2022
Bitfinex Securities Ltd. the tokenized securities trading platform of Bitfinex, has appointed Jesse Knutson as Head of Operations.
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Award Winning Start To 2022 For Push Technology’s Diffusion - 9 Awards Recognize Excellence Across Financial Services, eGaming & Technology
Date 26/05/2022
Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, is headed into another award winning year in 2022, following on from 2021 where the company won four awards and was a finalist for eleven additional awards across the Financial Services, eGaming and Technology sectors.
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Borsa Istanbul: Market Making Program Rule Changes In Derivatives Market
Date 26/05/2022
Please click for the announcement.
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