News Centre

Federal Reserve: Senior Credit Officer Opinion Survey On Dealer Financing Terms

Date 21/12/2023

The Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) is a quarterly survey providing information about the availability and terms of credit in securities financing and over-the counter (OTC) derivatives markets. The SCOOS is modeled after the long-established Senior Loan Officer Opinion Survey on Bank Lending Practices, which provides qualitative information about changes in supply and demand for loans to households and businesses at commercial banks. The SCOOS collects qualitative information on credit terms and conditions in securities financing and OTC derivatives markets, which are important conduits for leverage in the financial system. The survey panel for the SCOOS began by including 20 dealers and over time has been expanded. These firms account for almost all of the dealer activity in dollar-denominated securities financing and OTC derivatives markets. The survey is directed to senior credit officers responsible for maintaining a consolidated perspective on the management of credit risks. The HTML links below include the full report; the PDF links include the summary only.

U.S. Department Of Justice: Former Swiss Executive Pleads Guilty To Tax Fraud Conspiracy

Date 21/12/2023

Swiss national pleaded guilty today to conspiring to defraud the United States for his role in a scheme to help high-net-worth U.S. taxpayers conceal their income and assets in offshore accounts.

ISDA - The Swap Episode 37: Goodbye 2023

Date 21/12/2023

From the final farewell of LIBOR to release of the long-awaited US capital proposals, several key issues have dominated derivatives markets in 2023. ISDA’s Scott O’Malia and Eric Litvack look back on the year.

Update: Semi-Annual Changes To Nasdaq Iceland's Leading Index

Date 21/12/2023

Nasdaq (Nasdaq: NDAQ) today announced an update to the semi-annual reconstitution of the OMX Iceland 15™ Index (OMX Iceland: OMXI15™). Amaroq Minerals Ltd. (AMRQ) will be added to the OMX Iceland 15™ Index prior to market open on Tuesday, January 2, 2024.

FINRA Names Feral Talib As Executive Vice President And Head Of Surveillance And Market Intelligence

Date 21/12/2023

FINRA announced today that it has appointed Feral Talib as Executive Vice President and Head of Surveillance and Market Intelligence. He will assume the role on January 2.

Swedish Traders Urge Nasdaq To Revise Trading Hours For Improved Work-Life Balance

Date 21/12/2023

Swedish traders are urging Nasdaq to reduce its trading hours in order to achieve a better work-life balance, as stated in a recent report by Bloomberg.

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.