News Centre

MIAX Completes Acquisition Of LedgerX From FTX Debtors

Date 19/05/2023

Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEXTM), The Bermuda Stock Exchange (BSX), and Dorman Trading LLC, today announced that it has completed its acquisition of LedgerX LLC (LedgerX) from Ledger Holdings Inc. in connection with the bankruptcy proceedings of FTX Trading Ltd. and its affiliated debtors.

BIS: Disinflation Milestones

Date 19/05/2023

Key takeaways

• Insights into how the incomes of workers and firms absorb the disinflation burden in the euro area and the United States can be gained by decomposing changes in the GDP deflator into its underlying components.

• Nominal wage increases of 4–5% in the euro area and 3–4% in the United States this year and next year are compatible with bringing inflation within reach of 2% by end-2024, provided that import price growth slows and profit margins stabilise or slightly shrink.

• From a historical perspective, the 2023–24 disinflation path for prices and nominal wages is within the range of past disinflation episodes in both economies, although it remains uncertain how price and wage setters will react to the above-target inflation from 2021 onwards.

“Honest And Unbiased Investment Management”: Remarks Before The Inaugural Conference On Emerging Trends In Asset Management, SEC Chair Gary Gensler Washington D.C., May 19, 2023

Date 19/05/2023

Thank you for that introduction, William. I am pleased to welcome everyone to the Division of Investment Management’s inaugural Conference on Emerging Trends in Asset Management.

With Over 300 Sanctions, U.S. Targets Russia’s Circumvention And Evasion, Military-Industrial Supply Chains, And Future Energy Revenues - U.S. Actions, With Touchpoints In More Than 20 Jurisdictions, Coordinated With G7 And Other International Partners

Date 19/05/2023

Today, the United States, in coordination with the G7 and other international partners, is strengthening the unprecedented global sanctions and other restrictive economic measures to further degrade the Russian Federation’s capacity to wage war against Ukraine. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is implementing new commitments made at the G7 Leaders’ Summit to hold Russia accountable for its war. 

FIA: April 2023 SEF Tracker

Date 19/05/2023

Trading volume on swap execution facilities reached $857.2 billion in average notional value per day during April 2023. This was down 32.8% from the previous month and down 3.4% from the same month of the previous year. Compared to March 2023, trading was down in every sector except for FRA trading.

Memorandum Of Understanding Establishing A Framework For Financial Services Regulatory Cooperation Between The European Union And The United Kingdom Of Great Britain And Northern Ireland

Date 19/05/2023

Pursuant to the Joint Declaration on Financial Services Regulatory Cooperation between the European Union (EU) and the United Kingdom (UK) of 24 December 2020, the European Commission (“the Commission”), represented by the Directorate‑General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA or its successor), and the Government of the United Kingdom of Great Britain and Northern Ireland (“HM Government”), represented by His Majesty’s Treasury (“HM Treasury”) (hereinafter “the Participants”) jointly endeavour to pursue a robust and ambitious bilateral regulatory cooperation in the area of financial services based on the arrangements set out below.

Considerations For Revisions To The Bank Regulatory Framework, Federal Reserve Governor Michelle W. Bowman, At The Texas Bankers Association Annual Convention, San Antonio, Texas

Date 19/05/2023

It is a pleasure to be here with you today.1 I am especially pleased to participate in this event focused on "Building Stronger Communities." As a former banker, former state bank commissioner, and a member of the Federal Reserve Board that theme really resonates with me. We all know that a safe, sound, and fair financial industry built upon the dual banking system is the foundation of strong and stable communities. All throughout this great nation, and the state of Texas, community and regional banks provide financial services and essential credit to assist families and businesses achieve their dreams.

Thomson Reuters Announces Latest Sale Of LSEG Shares

Date 19/05/2023

Thomson Reuters (TSX/NYSE: TRI) announced today that it and certain investment funds affiliated with Blackstone collectively sold 33million London Stock Exchange Group PLC (LSEG) shares that they co-own at a price of £80.50 per share. The sale was conducted through a placement to institutional investors and an offer to retail investors.

ICE Reports Strong Demand In U.S. Renewable Fuels Futures With Record Trading In Renewable Identification Numbers (RINs)

Date 19/05/2023

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced strong demand for U.S. Renewable Identification Numbers (RINs) as increasing numbers of participants with RIN compliance obligations hedge price risk associated with mandated targets for incorporating renewable fuels into transportation fuel.

Eventus Named Best Trade Surveillance Solution At 2023 RegTech Insight Europe Awards - Second Consecutive Year Firm’s Validus Platform Wins Category

Date 19/05/2023

Eventus, a leading global provider of multi-asset class trade surveillance, market risk and algo monitoring solutions, has won the RegTech Insight Europe Award for Best Trade Surveillance Solution for the second consecutive year. The award, bestowed yesterday in London, marks the fifth RegTech Insight award the firm has earned since 2019.