News Centre

Bank Of England: Summary Minutes Of Sub-Group And Task Force Meetings Q1

Date 16/05/2023

The Working Group on Sterling Risk-Free Reference Rates, which is comprised of a diverse set of market participants, is working to assist in finalising the transition away from LIBOR.

Blackstone, Thomson Reuters Consortium Sells $3.4 bn LSEG Shares a

Date 16/05/2023

An investor consortium, which included Blackstone and Thomson Reuters, sold approximately USD 2.7 billion worth of shares in the London Stock Exchange Group (LSEG). 

ISDA: Response To HM Treasury On Crypto Assets

Date 16/05/2023

On April 28, 2023, ISDA responded to His Majesty’s Treasury (HMT) consultation on the future financial services regulatory regime for crypto assets. ISDA acknowledges that crypto-asset markets are developing with increasing pace and complexity, bringing both risk and opportunity. In the response, ISDA provides an overview of completed and ongoing work in this sector, including the development of legal definitions, educational material and standardized documentation for the trading of digital asset derivatives.

Bank Of England: Minutes Of The Securities Lending Committee Meeting March 2023

Date 16/05/2023

The Securities Lending Committee is a forum for market participants and authorities to discuss the UK securities lending market.

ETFGI Reports The Global ETFs Industry Gathered Net Inflows Of US$56.67 Billion During April

Date 16/05/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today the global ETFs industry gathered US$56.67 billion in net inflows in April 2023, bringing year to date net inflows to US$201.69 Bn. During April 2023, assets invested global ETFs industry increased by 1.2%, from US$9.89 trillion at the end of March to US$9.99 trillion, according to ETFGI's April 2023 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

Sucden Financial Reports Robust Financial Results For 2022

Date 16/05/2023

Sucden Financial, the multi-asset execution, clearing and liquidity provider, has reported its latest financial results. The audited accounts for the year ending 31 December 2022 saw a strengthening of its balance sheet and continued strong revenues and profitability.

Orchestrade Announces Alliance With TCMpartners To Extend Regional Capabilities

Date 16/05/2023

Orchestrade, the market leading provider of an innovative cross-asset, front-to-back trading and risk management platform, announced today the signing of an alliance agreement with TCMpartners, a professional services organization focused on Treasury and Capital Markets, with offices in Latin America and Europe.

TS Imagine Promotes Simarjit Johal To Lead Asia Pacific

Date 16/05/2023

TS Imagine, the leading global, cross-asset class provider of trading, portfolio, and risk management solutions for financial institutions, today announces the appointment of Simarjit (Sim) Johal to Head of Asia Pacific (APAC), reporting to Rob Flatley, Chief Executive Officer. Sim will join TS Imagine’s Executive Leadership Committee and relocate to Hong Kong when he assumes the role in September 2023. 

Meeting The Challenge In Our Changing Global Markets - Speech By Sarah Pritchard, UK Financial Conduct Authority, Executive Director Of Markets, And Executive Director Of International, At The UK Finance And EY: Capital Markets Insights Launch Conference

Date 16/05/2023

Highlights

• The UK must not be shy about highlighting its strengths as a full service, global wholesale market with a deep and broad base of expertise. For this to remain the case, we must continue to evolve.
• Following recent proposals to reform listing requirements, we will shortly be considering what if any reforms we should make to prospectus rules.
• We will be thinking about how forward-looking information should be covered in prospectuses, how to approach setting requirements for issuers seeking to admit securities to junior markets, and what rules we should set for firms that choose to operate a public offer platform to allow companies to raise capital from investors without being admitted to a public market.
• We will play our part to drive productivity by improving our own operational efficiency, making proportionate regulation, and increasing trust, effective competition and innovation in stable and international markets.

4th Week Of Outflows, Investors Focus On Bitcoin - CoinShares: Fund Flows

Date 16/05/2023

• Digital asset investment products saw a 4th consecutive week of outflows totalling US$54m, bringing the total outflow to US$200m, representing 0.6% of total assets under management (AuM).
• Bitcoin saw outflows totalling US$38m, representing 80% of all outflows over the period, when combined with short-bitcoin outflows they highlight that the recent investor activity has almost solely been focussed on the asset.
• Inflows were seen across 8 different altcoin assets, suggesting investors are becoming more adventurous.