News Centre

CME Group Announces Record Ultra 10-Year Note And 30-Year Bond Futures Volumes On February 23

Date 25/02/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced that Ultra 10-Year Note futures reached a record volume of 1.7 million contracts on February 23, surpassing the previous record of 1.5 million set on February 25, 2020.  A record 1.8 million 30-Year Bond futures contracts were also traded on February 23, passing the prior record of 1.7 million set on February 25, 2020.

IOSCO Takes Important Step Towards Global Sustainability Disclosure

Date 25/02/2021

An important step has now been taken towards a global standard for sustainability reporting. The Board of Directors of the International Organization of Securities Commissions (IOSCO) voted during its meeting yesterday for IOSCO to actively work to achieve a unified and comparable global standard for sustainability disclosure. IOSCO’s work in this area is being carried out within the work group led by Finansinspektionen’s Director General Erik Thedéen.

Tether Tokens (USDt) Market Cap Soars Above US$35 Billion

Date 25/02/2021

Tether Operations Limited (Tether), the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) have crossed the US$35 billion mark, amid growing institutional and corporate demand.

SIFMA Cautions Liability Provisions Under CAT NMS Plan Will Harm Investors

Date 25/02/2021

A new report analyzing the economic impact of the proposed NMS Plan governing the Consolidated Audit Trail (CAT) concludes the proposed plan amendment, if adopted, would reduce investor welfare in two ways:

First, if the CAT does not bear the liability of data breaches, it is incentivized to invest less in data security to protect investors’ personally identifiable information and trading data in the CAT, which would place investors at greater risk of having their data compromised.

Second, requiring industry members to absorb litigation-related expenses for an event which they have no direct control over will lead to the inefficient purchase of insurance with additional costs likely passed downstream to investors.

SEC Issues Whistleblower Awards Totaling Over $1.7 Million

Date 25/02/2021

The Securities and Exchange Commission today announced awards totaling more than $1.7 million to two whistleblowers in separate proceedings.  Both whistleblowers provided Forms TCR to the Commission within 30 days of their first learning of the Form TCR filing requirement as set forth in new Securities and Exchange Act Rule 21F-9(e).

Themistocles And The Mathematicians: The Role Of Stress Testing, Federal Reserve Vice Chair For Supervision Randal K. Quarles, At The Federal Reserve Bank Of Atlanta, Atlanta, Georgia (Via Webcast)

Date 25/02/2021

One of the principal themes of human history—and certainly of economic history—is that of a sudden technological breakthrough originally deployed for one purpose being gradually refined over time until new and better versions of it are eventually deployed for a much broader range of purposes. The breakthrough supplies the drama, but it's the steady incremental improvement over time that makes the greatest difference. The Phoenicians dramatically improved the speed and cargo load of their commercial voyages with the invention of the trireme—massive boats, powered with three tiers of oarsmen, rather than the standard one or two—dispatched from Tyre and Sidon in the service of exploration, commerce, and colonization. But the Greeks improved on the design, bit by bit, and over many years, until they became not commercial vessels ferrying cargo from Carthage to Cádiz, but warships that revolutionized naval combat and enabled Athens—led by the obstinate upstart Themistocles who built a fleet of 200 triremes, the largest navy Greece had ever seen—to challenge and defeat the Persian King. Or, somewhat closer to home, consider the development of radar in World War II. That initial innovation was instrumental in winning the war but continued refinement has led to technologies that can promptly warn us of tornados or even steer our cars.

Iberclear Launches RENADE’s Electronic Office

Date 25/02/2021

Iberclear, BME's central securities depository, has launched the Electronic Office of RENADE, the National Registry for Greenhouse Gas Emission Allowances. This implementation is part of BME's digital transformation strategy to automate processes through the application of the most innovative technologies. Furthermore, it is another step forward by BME in favour of the planet’s sustainability, insofar as digitalisation contributes to the reduction of CO2 emissions into the atmosphere.

ESAs Issue Recommendations On The Application Of The Regulation On Sustainability-Related Disclosures

Date 25/02/2021

Backbase And Zafin Push The Limits Of Customer Personalization Through Turn-Key Dynamic Product And Pricing Capabilities - The New Partnership Provides Financial Institutions Instant Access To Relationship-Based Product And Pricing Technology, Enhancing Both Loyalty And Share Of Wallet.

Date 25/02/2021

Leading engagement banking platform provider Backbase announces today that it has partnered with Zafin, the global leader in SaaS cloud-native product and pricing solutions for banks, to integrate Zafin’s relationship-based product and pricing capabilities into its Engagement Banking platform.

Bank For International Settlements (BIS) To Hold Inaugural BIS Innovation Summit On 22-25 March

Date 25/02/2021

• Inaugural BIS Innovation Summit to run 22–25 March with events in three time zones
• Central bankers, policymakers, business leaders and academics to discuss: "How can central banks innovate in the digital age?"
• Winners of the global ISO 20022 Hackathon to be announced