News Centre

BIS: Navigating By R*: Safe Or Hazardous?

Date 25/11/2021

Summary

Focus

The concept of the natural rate of interest, or r-star (r*), has risen to prominence in monetary policy following the Great Financial Crisis. R-star is the real (inflation-adjusted) interest rate that equilibrates output at potential, so that inflation is stable. How useful is this concept as a guide to policy?

FSB Commonwealth Of Independent States (CIS) Group Discusses Risks Relating To High Debt Levels And Crypto Assets

Date 25/11/2021

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Commonwealth of Independent States (CIS) held a virtual meeting today.

CryptoCompare Digital Asset Management Review - Bitcoin AUM Sees Largest Monthly Pullback Since July

Date 25/11/2021

Despite reaching new all-time highs on the 10th of November, both Bitcoin and Ethereum fell by 5.2% and 0.2%, respectively, in November (data up to 19th) - a slight correction following a strong October. 

“One Step Forward, One Step Back – MiFIR Review Proposal Risks Missing The Moment” - Substantive Changes Are Needed To Ensure The Legislative Package Published Today Does Not Risk Undermining The Capital Markets Union (CMU), Says The Federation Of European Securities Exchanges (FESE).

Date 25/11/2021

EU capital markets must remain competitive, geared towards financing the economic recovery, green transition and digital transformation. To achieve this, mobilising end-investors is necessary and requires a transparent, well-functioning and stable market. Equally, issuers need liquid markets that ensure low financing costs. Building an ambitious and effective CMU is therefore more important than ever.

Athens Stock Exchange Agreement Sign Off With Belgrade Stock Exchange

Date 25/11/2021

The Agreement for the provision of trading facilities by migrating Belgrade Stock Exchange's (BELEX) trading activities as Market Operator to the Trading platform of Athens Stock Exchange's (ATHEX) was signed today, November 25th, 2021.

Comment From Spectrum Markets On Extended Trading Hours Of European Exchanges

Date 25/11/2021

‘The recent announcements from the Spanish and German stock exchanges that they intend to extend trading hours is a welcome development that reflects the growing importance of retail investors, especially in Europe.

Moscow Exchange: Risk Parameters Change For The Securities

Date 25/11/2021

The following risk parameters will be changed:

Borsa İstanbul’s Opening Bell Rang For Mobiltel

Date 25/11/2021

Having completed the Initial Public Offering (IPO) of 20.29 percent of its shares, Mobiltel started to be traded in Borsa İstanbul today. The demand for Mobiltel shares, which were issued on 18-19 November 2021 with the method of Book Building at a Fixed Price, was tripled, with a size of 332,800,000 TL.

Archax Selects Scila Surveillance And Scila Anti-Money Laundering (AML) For Monitoring Of Securities And Cryptocurrencies

Date 25/11/2021

Archax, the first and only UK Financial Conduct Authority (FCA) regulated digital securities exchange, broker and custodian, has selected Scila Surveillance and Scila AML for monitoring of its markets, provided by the Stockholm-based leading independent surveillance, risk & anti-money laundering technology provider Scila AB. Archax was also the first firm to be listed on the FCA’s Cryptoasset Register and will use Scila for its cryptocurrency market.

The Dubai Financial Services Authority Publishes Markets Brief No. 25 On Special Purpose Acquisition Companies (SPACs)

Date 25/11/2021

The Dubai Financial Services Authority (DFSA), has published Markets Brief No. 25 on Special Purpose Acquisition Companies (SPACs). The Markets Brief provides general information about the DFSA’s approach to listing SPACs in the DIFC.