News Centre

Cboe To Offer Daily Expiries For Russell 2000 Index Options Suite, Beginning January 8, 2024

Date 21/12/2023

• Cboe to list Tuesday and Thursday-expiries for Russell 2000 Index Weeklys® (RUTW) options and Mini-Russell 2000 Index Weeklys (MRUT) options
• New listings will expand product suite to offer expirations every trading day of the week
• Reflects growing investor demand for hedging and tactical trading with short-dated index options

CFTC Chairman Announces Division of Data Appointments To Continue The CFTC’s Focus On Mission Critical Data - Ted Kaouk Named The Chief Data Officer And Director Of The Division Of Data And John Coughlan Named Chief Data Scientist

Date 21/12/2023

Commodity Futures Trading Commission Chairman Rostin Behnam today announced two appointments in the Division of Data (DOD) that will enhance the CFTC’s analytic capabilities as the agency increasingly innovates its data-driven culture. Ted Kaouk has been named Chief Data Officer and Director of DOD. Dr. Kaouk will spearhead data integration initiatives and collaborate with the CFTC’s offices and divisions to help the agency make informed policy decisions. John Coughlan will serve as the agency’s first Chief Data Scientist. He will advance DOD’s data science expertise and expand the agency’s use of artificial intelligence to more effectively oversee the derivatives markets and meet its own regulatory requirements.

ETFGI Reports Assets Invested In Thematic ETFs Listed Globally Have Increased 21% In The First 11 Months Of 2023

Date 21/12/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in Thematic ETFs listed globally have increased 21% in the first 11 months of 2023. Thematic ETFs listed globally gathered net inflows of US$1.03 billion during November, bringing year to date net inflows to US$33.80 billion.  Assets invested in Thematic ETFs have increased  21.0% year-to-date in 2023, going from US$221.51 billion at end of 2022 to US$268.04 billion, according to ETFGI’s November 2023 Global Thematic ETFs industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.)

The Berne Financial Services Agreement

Date 21/12/2023

His Majesty’s Treasury of the United Kingdom of Great Britain and Northern Ireland and the Federal Department of Finance of the Swiss Confederation have signed a ground-breaking agreement to enhance the cross-border market access of financial services between the UK and Switzerland.

UK Signs First Of Its Kind Financial Services Agreement With Switzerland

Date 21/12/2023

Chancellor Jeremy Hunt has today signed the Berne Financial Services Agreement.

Warning Of Fraud: BaFin Warns Consumers About Fake Emails Sent By info@bafin.holdings

Date 21/12/2023

The Federal Financial Supervisory Authority (BaFin) warns consumers about emails sent from the domain info@bafin.holdings. These emails are sent to consumers by a person using the name “Jessica Bolton” who claims to be acting on behalf of BaFin. This is not the case.

ICE First Look At November Mortgage Performance: Delinquencies Historically Low Despite Seasonal Rise; Performance Of Recent Originations Worth Watching

Date 21/12/2023

• The national delinquency rate edged higher to 3.39% in November – down 10 basis points (bps) from the same time last year – but remains 64 bps below pre-pandemic levels
• While delinquencies remain low overall, the rate among FHA loans is now at a 9-year high – excluding the immediate aftermath of the pandemic – and will be worth watching closely in 2024
• Likewise, early-stage delinquencies among VA loans hit their highest non-pandemic levels since 2009, as rising interest rates have begun to impact performance among recently originated loans
• GSE mortgages have been more resilient, with early-stage delinquencies holding stronger and overall delinquency rates less than half the national average at 1.51%
• Serious delinquencies (90+ days past due) rose to 459K, but remain down 123K (-21%) from November 2022
• Foreclosure starts decreased -12.2% in November to 29K with active foreclosure inventory falling to 216K, some 23% and 24% below 2019 levels respectively
• Prepayment activity fell again under continued pressure from seasonal homebuying patterns along with the residual effects of 30-year rates climbing above 7.75% the month prior

Identity Fraud: BaFin Warns Against Alleged Steubing AG Wert-papierhandelsbank

Date 21/12/2023

The financial supervisory authority BaFin warns against offers from the alleged Steubing AG Wertpapierhandelsbank. It is suspected that the unknown operators are offering consumers securities for sale without permission. The operators give the impression that there is a connection with Wolfgang Steubing AG Wertpapierdienstleister, which is supervised by BaFin. This is false. This is a case of identity fraud.

Bank Of England: Minutes Of The Meeting Of The Court Of Directors Held On 31 October 2023

Date 21/12/2023

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

KION Group AG: BaFin Imposes Administrative Fine

Date 21/12/2023

On 7 December 2023, the Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 280,000 euros on KION Group AG on grounds that the company had violated the Market Abuse Regulation (MAR) by failing to disclose inside information.