Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

CCData-468x60x2.jpg BT_Radianz_468x60_Jul23 FEAS 30th Anniversary Conference

  • EEX Group Volume Report - September 2024

    Date 07/10/2024

    EEX Group reports its September monthly volumes with the following highlights:

    • EEX Group Global Power recorded an all-time high in September with 1,148.4 TWh, a +52% growth Year-on-Year.
    • The increase was mainly driven by a new all-time high on the EEX Group Power Derivatives markets comprising of European and Japanese markets with 821.5 TWh. Significant growth was reported both on European Power Derivatives market (814 TWh, + 73% YoY) as well as a record month in terms of volume for Japanese Power Futures (7.5 TWh). On individual European markets, the German, French and Belgian power derivatives markets all saw the highest traded volumes so far.
    • Volumes on the EEX Group Power Spot markets amounted to 72.2 TWh, a Year-on-Year increase of 16%. New monthly records were reached on the Dutch intraday and Belgian Day-ahead markets.
    • EEX European Natural Gas Derivatives market showed a 5% decrease in volumes YoY (325 TWh), while EEX Group’s No

  • Precidian To List First ADRhedged Securities In The U.S. On Cboe, Providing Exposure To Individual International Companies With An Embedded Currency Hedge

    Date 07/10/2024

    • ADRhedged™ securities (ADRHs) are designed to provide U.S. investors simple, cost-effective exposure to the share price of individual international companies with the added benefit of an embedded currency hedge
    • New offering in the U.S. builds on success of currency-hedged Canadian Depositary Receipts (CDRs) listed on Cboe Canada
    • ADRHs are sponsored by Precidian Investments ("Precidian"), currency hedged by Canadian Imperial Bank of Commerce ("CIBC"), custodied with Bank of New York Mellon ("BNY Mellon") and listed exclusively on Cboe BZX Exchange, Inc. ("Cboe U.S.")

  • Joint Committee Of The ESAs To Focus On Digital Resilience And Sustainability Disclosures In 2025

    Date 07/10/2024

    The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today its Work Programme for 2025, placing particular emphasis on ongoing collaboration to tackle cross-sectoral risks, promoting sustainability in the EU financial system and strengthening financial entities’ digital resilience.

  • ICE Mortgage Monitor: Average Payment Hits All-Time High - Spiking Insurance Costs Rising At 3X The Rate Of Principal, Interest, And Taxes

    Date 07/10/2024

    • The average monthly payment (principal, interest, taxes and insurance, or PITI) among active mortgages hit a record $2,070 in August; up $140 (+7.2%) from last year and $399 (+19.3%) since the start of 2020
    • Average PITI on loans originated in the last two years is $600 per month higher than that of 2020/2021 vintage mortgages, with two-thirds of each payment devoted to paying down interest
    • In contrast, just 12% of the monthly payment among 2023/24 mortgages goes directly toward principal reduction – less than half the comparative average for other recent vintages
    • Though older loans have lower PITI, 35% of those payments go toward variable costs, such as taxes and insurance, that are at risk of increase even as principal and interest components remain fixed
    • All aspects of mortgage payments are rising as home prices, loan balances, interest rates and taxes have trended higher, with average principal, interest and tax payments up 15-17% since the start of 2020
    • Increased property insurance costs stand out; the average monthly insurance payment is up 52% since the start of 2020, with increases in some higher-risk areas as high as 90% over that same period
    • Rising premiums are due, in part, to higher home prices, but a direct comparison of mortgages analyzed shows a sharp jump from an average $4.65 per $1K covered from 2013-2022 to $5.38/$1K in July 2024
    • In New Orleans and Miami, property insurance is ~$17/$1K in coverage, more than 3X the U.S. average; higher costs also extend beyond hurricane zones and into the tornado and hail risk of the central states
    • On average, insurance premiums account for 9.4% of monthly mortgage payments, up from less than 7.7% from 2013-2020, hitting their highest share on record
    • In high-risk areas, property insurance can make up as much as 25% of the average mortgage holder’s overall monthly PITI payment

  • Borsa İstanbul And IFC Organize GSS Bonds Executive Training

    Date 07/10/2024

    Borsa İstanbul hosts the “Green, Social, and Sustainability Bonds Executive Training” organized in partnership with the International Finance Corporation (IFC), a member of the World Bank Group that focuses on private sector operations, to inspire green bond issuance in developing countries.

MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg FEAS_2025_MondioVisione_120x600-banner