News Centre

MTS Expands Access To Mexican Bond Markets Through BondsPro

Date 19/05/2020

• Pioneering electronic order book access for Mexican peso-denominated corporate and treasury bonds
• At time of heightened global market volatility, traders gain improved access to Mexican bonds and other markets with global BondsPro offering
• Another step in MMI’s strategy to expand electronic access to fixed income tools for the global emerging market trading community

Cboe Global Markets Agrees To Acquire Leading Canadian ATS MATCHNow

Date 19/05/2020

• Planned acquisition provides Cboe expansion opportunity into one of the largest global equities markets
• Ownership of leading Canadian ATS would broaden Cboe's North American equities business
• Deal expected to be accretive and close in the third quarter of 2020, pending regulatory approval

First Data Merchant Services Agrees To Resolution With The Federal Trade Commission - Resolution Relates To Practices By A Single U.S.-Based Wholesale Independent Sales Organization

Date 19/05/2020

First Data Merchant Services has reached an agreed resolution with the Federal Trade Commission, which relates to isolated business practices by a single U.S.-based wholesale independent sales organization (ISO), its merchants, and affiliates of the ISO that referred merchants to the ISO between 2012 and 2014.

Worldwide Payment Processor And Payments Industry Executive To Pay $40.2 Million To Settle FTC Charges Of Assisting Fraudulent Schemes And Credit Card Laundering - Defendants Allegedly Processed Payments For Numerous Scams, Harming Hundreds Of Thousands Of Consumers

Date 19/05/2020

One of the biggest payment processing companies and its former executive will pay more than $40.2 million to settle Federal Trade Commission charges they knowingly processed payments and laundered, or assisted laundering of, credit card transactions for scams that targeted hundreds of thousands of consumers.

Pandemic Central Banking: The Monetary Stance, Market Stabilisation And Liquidity - Remarks By Philip R. Lane, Member Of The Executive Board Of The ECB, At The Institute For Monetary And Financial Stability Policy Webinar, 19 May 2020

Date 19/05/2020

In my recent blog post, I described the range of scenarios that have been developed by ECB staff to support the analysis of the near-term and medium-term macroeconomic dynamics in the context of the coronavirus (COVID-19) crisis.[1],[2] I also explained the current monetary policy of the ECB and outlined our approach to setting the future course of monetary policy. My remarks today aim to reinforce these points by presenting some additional empirical evidence.

Specialised Committee For Financial Provisions: UK-EU Joint Post-Meeting Statement - Joint Statement Between The UK Government And European Commission Following The Meeting Of The Specialised Committee For Financial Provisions On 19 May

Date 19/05/2020

The first meeting of the Specialised Committee on Financial Provisions (SCFP) was held today via video conference, co-chaired by officials from the UK Government and European Commission. This Committee was tasked by the first meeting of the Withdrawal Agreement Joint Committee held on 30 March, to start work related to implementing the financial provisions in Part V of the Withdrawal Agreement.

Opening Statement Of CFTC Commissioner Brian Quintenz Before The CFTC Global Markets Advisory Committee

Date 19/05/2020

Thank you Commissioner Stump for convening today’s meeting of the Global Markets Advisory Committee (GMAC).  I am looking forward to hearing presentations from Suyash Paliwal, the Director of the CFTC’s Office of International Affairs, on recent international coordination efforts in the time of COVID-19, as well as from the GMAC Subcommittee on Margin Requirements for Non-Cleared Swaps regarding its report and recommendations on the implementation of initial margin requirements for uncleared swaps. I would like to thank all of the presenters and Committee and Subcommittee members for their participation and engagement. 

Visible Alpha Releases 184 Industry Data Sets

Date 19/05/2020

Visible Alpha, an investment research technology firm, today announced the launch of its “standardized industry metrics,” a proprietary data set that enables market participants to quantify and compare market expectations for companies across 184 industries. With over 90,000 industry-level financial and operating metrics, Visible Alpha Insights will improve how relative analysis is conducted.

After Falling 32% From A Year Earlier, Commodity Prices Will Reach Bottom In Second Quarter - Commodities Not Expected To See Physical Use Regain Their Late-2019 Levels Until Well Into 2022: IHS Markit May Commodity Price Watch

Date 19/05/2020

The coronavirus 2019 (COVID-19) pandemic has reshaped the outlook by triggering the largest peacetime contraction in the global economy since the Great Depression. Uniquely in the postwar period, the pandemic is a shock to both demand and supply. This said, the reaction in commodity markets indicates that the loss in aggregate demand is more significant and offsets any disruptions to supply. As measured by our IHS Markit Materials Price Index (MPI), commodity prices are now projected to fall by more than 32% year over year (y/y) in the second quarter.

EBA Advisory Committee On Proportionality Held Its First Meeting

Date 19/05/2020

The Advisory Committee on Proportionality (ACP) of the European Banking Authority (EBA) held today its first meeting chaired by Helmut Ettl, Executive Director of the Austrian Financial Market Authority and Member of the EBA Board of Supervisors (BoS), and Mario Quagliariello, EBA Director of Economic Analysis and Statistics. The focus of this Committee is to advise the EBA on how its actions and measures should take account of specific differences prevailing in the banking sector related to the nature, scale and complexity of risks, to business models and practice as well as to the size of financial institutions.