News Centre

Bitcoin Price Drop - Expert Comment From Ziglu

Date 13/01/2021

Commenting on the 20 percent drop in Bitcoin value, Yang Li, chief growth officer for Ziglu the personal money app, said: "We have been in such a phenomenal bull run with all-time high after all-time high and people are pulling back a bit to reap some of their profits, selling some of their Bitcoin, which drove the price down. As a long term investment I think this price dip is a very positive sign because it is maturing as an asset class. If you were buying gold or FTSE 100 stock, for example, you would sell some of your upside to cover your original investment.

EU-UK Future Relations: MEPs To Debate The Agreement Reached On 24 December

Date 13/01/2021

Members on the Foreign Affairs and International Trade Committees will debate the new EU-UK Trade and Cooperation Agreement on Thursday at 10.00 CET.

BIS - Sovereign Credit And Exchange Rate Risks: Evidence From Asia-Pacific Local Currency Bonds

Date 13/01/2021

Summary

Focus

We study the dynamic properties of sovereign bonds in emerging market economies and their associated risk premiums. We focus on the interaction between credit and currency risks, ie the Twin Ds, reflected in local currency bonds issued by sovereigns in Asia-Pacific (AP).

CISI: Only 20% Of UK Financial Services Professionals Are Confident Their Firms Are Committed To Ethical Finance And ESG

Date 13/01/2021

Only 20% of those working in the UK financial services profession are confident that their firms are committed to ethical finance policies and ESG principles when it comes to their lending, investing, wealth management and fund management activities, according to a new survey by the Chartered Institute for Securities & Investment (CISI).

Sagar Teotia To Conclude Tenure As SEC Chief Accountant

Date 13/01/2021

The Securities and Exchange Commission today announced that Sagar Teotia, the Commission’s Chief Accountant, intends to leave the agency by the end of February after nearly six years of total public service.

Moscow Exchange: Risk Parameters Change For The Security INTC-RM - Update

Date 13/01/2021

As per the Securities market risk parameters methodology, on 13.01.2021, 17-13 (MSK) the upper bound of the price band (up to 4470) and initial margins (up to 21 %) for the security INTC-RM were changed. New values are available here

Sova Capital Appoints Fraser Smith As CFO

Date 13/01/2021

Sova Capital announces that Fraser Smith has joined the firm as Chief Financial Officer. Fraser brings significant experience as a Global Financial Director with expertise in Asset Management, Global Banking & Markets, UHNW Wealth Management and Securities Services.

Nasdaq Stockholm: Decision By The Disciplinary Committee Regarding Atari Inc.

Date 13/01/2021

The Disciplinary Committee of Nasdaq Stockholm has found that Atari Inc. (“Atari” or the “Company”) has breached the Nasdaq First North Growth Market Rulebook (the “Rulebook”) and therefore ordered the Company to pay a fine of eight annual fees, corresponding to an amount of SEK 800,000.

Moscow Exchange: Risk Parameters Change For The Security INTC-RM

Date 13/01/2021

As per the Securities market risk parameters methodology, on 13.01.2021, 17-09 (MSK) the upper bound of the price band (up to 4333) and initial margins (up to 17.5 %) for the security INTC-RM were changed. New values are available here

Evaluation Of The Bank Of England's Approach To Quantitative Easing

Date 13/01/2021

In July 2019 the Bank’s Court commissioned its Independent Evaluation Office to conduct an evaluation of the Bank’s approach to quantitative easing.