News Centre

SIFMA Fixed Income Market Close Recommendation In The U.S., The U.K. And Japan For Presidents Day

Date 05/02/2024

SIFMA has confirmed its previous recommendation for a full market close on Monday, February 19 for the trading of U.S. dollar-denominated fixed income securities in the U.S., the U.K. and Japan in observance of the U.S. Presidents Day Holiday.

CFTC Statement Regarding The Passing Of Former Chief Of Staff Mike Gill - The CFTC Community Is Deeply Saddened By The Sudden Passing Of Former Chief Of Staff Michael “Mike” Gill

Date 05/02/2024

Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam issued the following statement on behalf of the Commission regarding the passing of former Chief Operating Officer and Chief of Staff Mike Gill:

“The CFTC community is deeply saddened to hear of the passing of friend and former colleague Mike Gill."

Fiserv Small Business Index™ For January 2024: Consumer Spending Steady To Start New Year

Date 05/02/2024

• Fiserv Small Business Index of 138 indicates consumers continue to spend consistently
• Small business sales grew +0.1% month-over-month; year-over-year sales grew +1.7%

Intercontinental Exchange Reports January 2024 Statistics - Record ADV Across Commodities, Energy And Total Options

Date 05/02/2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported January 2024 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

ICE Mortgage Monitor: Positive Signs In Housing, Mortgage Markets Ahead Of Spring Homebuying Season

Date 05/02/2024

• Affordability has improved along with rates in recent months, with the share of income required to purchase the median home falling nearly 5 percentage points from October’s 28-year high
• The national inventory deficit also improved for the 7th consecutive month which, along with improved affordability, points to a better housing market environment in coming months
• The ICE Home Price Index for December reported an annual growth rate of +5.6%, up from +5.1% in November, which at first glance suggests an accelerating housing market
• That acceleration, however, is a residual effect of last spring and summer’s strong run of growth, with more recent data suggesting that growth rate will begin to cool in coming months
• Lower interest rates have also begun to increase refinance incentive, albeit slowly, with more potential on the horizon, particularly among the 4.3M mortgages originated in 2023
• Of the 2023 vintage, 46% (2M) would be able to cut their first lien rate by 75 bps if 30-year rates fall to a projected 6% by year’s end, with 33% able to save a full percentage point or more
• Mortgage holders gained $1.6T in equity in 2023 to reach an aggregate $16T, the highest year-end total on record, two thirds of which is held by borrowers with credit scores of 760 or higher
• The average mortgage holder now has $299K in equity, $193K of which is “tappable” and could be withdrawn while still maintaining a healthy 20% equity stake

Tradeweb Reports January 2024 Total Trading Volume Of $42.6 Trillion And Record Average Daily Volume Of $2.00 Trillion

Date 05/02/2024

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for the month of January 2024 of $42.6 trillion (tn). Average daily volume (ADV) for the month was a record $2.00tn, an increase of 74.6 percent (%) year-over-year (YoY).

ICE Bonds Broadens Its Fixed Income Liquidity Network With Connectivity To TS Imagine - TS Imagine Customers Gain Seamless Access To ICE Bonds’ Municipal And Corporate Bond Liquidity

Date 05/02/2024

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that TS Imagine has connected to ICE Bonds to offer clients seamless access to its fixed income execution protocols and liquidity. TS Imagine customers using the TS One and TradeSmart OEMS can now access ICE Bonds’ trading protocols for Municipals and Corporates, across the ICE TMC and ICE BondPoint platforms.

Borsa İstanbul Announces The Constituent Changes To The BIST Buyback Index For The February Of 2024

Date 05/02/2024

In accordance with the BIST Market Cap Weighted Stock Indices Methodology, BIST Buyback Index will have constituent changes below for the February 7, 2024-March 6, 2024).

Bank Of England: Results Of The Semi-Annual FX Turnover Surveys In October 2023 - See The Headline Results From An October 2023 Survey Of 27 Financial Institutions That Are Active In The UK Foreign Exchange Market

Date 05/02/2024

In October 2023, 27 financial institutions active in the UK foreign exchange market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the October 2023 reporting period are available separately.

January 2024 Figures At Eurex

Date 05/02/2024

• Total Eurex volume up 6 percent in January year-on-year
• Eurex Repo grows by 57 percent in GC Pooling
• Notional outstanding in OTC Clearing up 8 percent year-on-year in January