News Centre

ICE Mortgage Monitor: Home Prices Cool For Second Straight Month In April As Purchase Demand Softens, Inventory Deficits Improve

Date 03/06/2024

• The number of homes for sale has been gradually improving on softer purchase demand in this spring’s higher interest rate environment, as inventory hit its highest seasonally adjusted level since mid-2020
• Nearly 90% of U.S. metropolitan areas now have more homes for sale than at this same point last year, with inventory in 14 of the top 100 markets having returned to pre-pandemic, 2017-2019 levels
• The ICE Home Price Index (HPI) for April showed cooling annual growth for the second consecutive month, falling to +5.1% from a revised 5.7% in March and +6.1% in February
• Similarly, unadjusted monthly gains (+0.88%) in April dipped below the 25-year same-month average for the first time this year
• Adjusted for seasonality, home prices rose +0.28% in April (down from March’s +0.45%), equivalent to a seasonally adjusted annualized rate (SAAR) of +3.4%
• Should adjusted gains hold at this pace, by June the backward-looking annual growth rate would fall below +4.25% and be less than +4% by July
• However, with both supply (-36%) and demand (-45%) still sitting well below pre-pandemic levels, meaningful 30-year interest rate movements could shift the market relatively quickly in either direction

Industry Veteran Jonathan Brewer Joins GCEX Group As Chief Revenue Officer To Accelerate Global Business Growth

Date 03/06/2024

GCEX (GCEX Group), a leading regulated digital prime brokerage renowned for providing brokers, funds and professional traders with access to deep liquidity has appointed industry veteran, Jonathan Brewer as Chief Revenue Officer.

IOSCO Publishes Final Report On Leveraged Loans And CLOs Good Practices For Consideration

Date 03/06/2024

IOSCO today published its Final Report: Leveraged Loans and Collateralised Loan Obligations (CLOs) Good Practices for Consideration.

NSE Indices Fixed Income Index Dashboard For The Month Ended May 2024

Date 03/06/2024

Click here to download the ' Fixed Income Index Dashboard' for the month ended May 2024. 

Boerse Stuttgart Records May Turnover Of Around EUR 7,8 Billion - Increases In Structured Securities, Equities And Exchange-Traded Products Compared To The Same Month Of The Previous Year

Date 03/06/2024

Based on the order book statistics, Boerse Stuttgart generated turnover of around EUR 7,8 billion in May, around 8 percent more than in the same month of the previous year.

SIX Exchanges Figures May 2024

Date 03/06/2024

SIX publishes the monthly key figures of SIX Swiss Exchange and BME Exchange on trading and listing activities in Switzerland and Spain.

New Turbo Certificates On GPW

Date 03/06/2024

Six new Turbo structured certificates based on US stocks are now available on the Warsaw Stock Exchange. The companies underlying the new certificates are among the largest globally recognised brands with clients using their products and services worldwide.

ACER: Regulators Request More Time To Decide On A New Method For Calculating Electricity Reserves

Date 03/06/2024

On 22 May 2024, the National Regulatory Authorities (NRAs) of the Continental Europe Synchronous Area requested from ACER a six-months extension to decide on the Transmission System Operators’ (TSOs') proposal to introduce a probabilistic dimensioning approach of Frequency Containment Reserves (FCRs). This new approach aims to improve how FCRs are calculated to stabilise the power grid’s frequency during supply and demand imbalances.

Borsa İstanbul Announces The Constituent Changes To The BIST Buyback Index For June, 2024

Date 03/06/2024

In accordance with the BIST Market Cap Weighted Stock Indices Methodology, BIST Buyback Index will have constituent changes below for June, 2024 (June 7, 2024-July 4, 2024).

ADSS Becomes ADX Trading Member And Offers Access To Locally Listed

Date 03/06/2024

• ADSS joins the Abu Dhabi Securities Exchange (ADX) as its 33rd market member.
• ADSS becomes a Trading Member and Derivatives Trading Member on the ADX after expanding Cat 1 licenses with the SCA.