News Centre

ISDA Responds To EC On EONIA

Date 01/09/2021

On August 31, 2021, ISDA submitted a response to the European Commission’s (EC) draft Implementing Act (IA) on the statutory replacement rate for EONIA, a fallback of €STR plus 8.5 basis points. The response discusses the limited scope of power to designate a statutory replacement and the need to avoid a presumption of contractual frustration for contracts without an incorporated fallback. Furthermore, ISDA stressed the importance of adopting the IA in a timely manner, in light of the cessation of EONIA, scheduled for January 3, 2022.

SIX Trading Key Figures: August 2021

Date 01/09/2021

In August 2021 trading turnover on the Swiss stock exchange reached CHF 84.6 billion, 4.3% less than in the previous month, while the number of transactions decreased by 5.4% to a total of 4,328,210. Since the beginning of 2021, trading turnover reached CHF 867.7 billion with a total of 42,557,169 transactions. The SMI® rose by 2.4% and reached 12,411.1 points at the end of the month, registering a new all-time high of 12,573.4 points on 18 August 2021 (closing price).

FTSE UK Index Series Quarterly Review September 2021

Date 01/09/2021

• Meggitt and Morrison (Wm) Supermarkets to join FTSE 100
• Seven changes to the FTSE 250

Moscow Exchange: Risk Parameters Change For The Securities

Date 01/09/2021

The following risk parameters will be changed:

Top U.S. regulator Is Right, Crypto Needs Regulation: deVere CEO

Date 01/09/2021

The chair of the U.S. financial regulator is right about cryptocurrency trading platforms: they should be regulated, affirms the CEO of one of the world’s largest independent financial advisory asset management and fintech organizations.

U.S. Department Of The Treasury: CDFI Fund Announces $5 Billion In New Markets Tax Credits - Awards Will Spur Economic And Community Development Nationwide

Date 01/09/2021

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 100 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year (CY) 2020 round of the New Markets Tax Credit Program (NMTC Program).

Statistics From Nasdaq Nordic Exchange August 2021

Date 01/09/2021

Monthly statistics including stock and derivative statistics;

• Volumes and Market cap
• Most traded companies
• Most active members
• Listings and members

Multi-Chain Stablecoin Aggregator BabelFish Raises $5.8m Via Sovryn Listing, Sells Out In Under 30 Minutes - BabelFish Becomes The First Protocol To List On Sovryn’s Origins Launchpad

Date 01/09/2021

BabelFish, the leading stablecoin aggregator on Rootstock, has completed a successful fundrise totalling $5.8m via a listing on Sovryn’s Origins launchpad, the first organisation to do so. Funds raised will be used to enable BabelFish users to vote on protocol upgrades, reward the community for work completed, and conduct general research and development to sustainably increase AUM and integrations.

Nasdaq Nordic And Baltic Markets: Trading Statistics August 2021

Date 01/09/2021

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic¹ and Baltic² markets. Below follows a summary of the statistics for August 2021:

New CISI Liverpool Branch President Aims To Raise Awareness Of And Reduce Stigma Around Mental Health

Date 01/09/2021

The Chartered Institute for Securities & Investment (CISI) is delighted to announce the appointment of Vanessa Doyle, ACSI as President of CISI’s Liverpool branch.