News Centre

IMF Managing Director Christine Lagarde Calls For Bold, Broad And Accelerated Policy Actions

Date 27/02/2016

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors Meeting in Shanghai, China:

“This G20 met at a moment when uncertainty and increasing downside pressures could put at risk the global economic recovery. In response, G20 members expressed a strong sense of urgency to implement the policy actions needed to contain risks and strengthen growth.

Statement By Treasury Secretary Lew At The G-20 In Shanghai, China

Date 27/02/2016

Let me begin by thanking our Chinese colleagues and the city of Shanghai for hosting the G-20 Finance Ministers and Central Bank Governors for two days of important and thoughtful meetings.

FSB Chair Sets Out To The G20 The FSB Work Programme For 2016

Date 27/02/2016

The Financial Stability Board (FSB) today published a letter from Mark Carney, Chair of the FSB, which was sent to G20 Finance Ministers and Central Bank Governors in advance of their meeting in Shanghai on 26‑27 February.

FINRA Approves Enhanced Price Disclosure To Retail Investors In Fixed-Income Securities

Date 27/02/2016

The Financial Industry Regulatory Authority's Board of Governors today approved a proposal designed to help retail customers understand and compare transaction costs in fixed-income securities. The proposal, subject to the approval of the Securities and Exchange Commission, would require member firms to disclose on retail customer confirmations the "mark-up" or "mark-down" for most transactions in corporate and agency debt securities.

CFTC Commitments Of Traders Reports Update

Date 26/02/2016

The current reports for the week of February 23, 2016 are now available.

US Federal Reserve Governor Lael Brainard, At The 2016 U.S. Monetary Policy Forum, New York, New York, February 26, 2016, What Happened To The Great Divergence?

Date 26/02/2016

Beginning in 2014, we saw confident predictions of a coming strong divergence in monetary policy among the major economies. To date, there has been less policy divergence in reality than had been predicted. This observation raises the question of whether there may be limits on policy divergence in current circumstances. Such limits might reflect common forces buffeting economies around the world or the powerful transmission of shocks across borders through exchange rate and other financial channels that may have the effect of front-running monetary policy adjustments in the vicinity of the zero lower bound. Put differently, predictions that U.S. monetary policy would chart a notably divergent path have been tempered by powerful crosscurrents from abroad.

BGC Partners Announces New Unsecured Credit Agreement

Date 26/02/2016

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or "the Company,") a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into a committed unsecured credit agreement (the "agreement") with a group of lenders.  The agreement provides for maximum revolving loans of $150 million, with the option to increase the aggregate loans to $200 million. 

Nigerian Stock Exchange Weekly Report For 26 Week Ending 26 February 2016

Date 26/02/2016

A turnover of 4.476 billion shares worth N11.742 billion in 14,124 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.202 billion shares valued at N9.641 billion that exchanged hands last week in 13,712 deals.

TOM MTF Statistics Week 8, 2016

Date 26/02/2016

Click here to download the weekly statistics update of TOM MTF for week 8, 2016. 

EBA Publishes Opinion On Macroprudential Policy Measures Notified By The National Bank Of Belgium

Date 26/02/2016

The European Banking Authority (EBA) published today an Opinion following the notification by the National Bank of Belgium (NBB) of its intention to extend a measure introduced by the NBB in 2014 to modify capital requirements in order to address an increase in macroprudential or systemic risk. Based on the evidence submitted by the NBB, the EBA does not object the deployment of the macroprudential measures to address this issue.