News Centre

ISDA - Energy Security And The Road To Net Zero: The Role Of The Derivatives Market

Date 09/05/2023

Climate change may be humanity’s greatest threat. Rapidly increasing greenhouse gas emissions have led to rising sea levels, recurring heatwaves and melting glaciers, all of which have contributed to an increasingly dismal economic and environmental outlook. By 2030, the World Health Organization forecasts there will be an additional 250,0000 deaths per year as a direct consequence of climate change. Between 2016 and 2018, climate-related disasters were reported to have cost the global economy $650 billion.

DTCC Celebrates 50th Anniversary As Critical Market Infrastructure Provider To The Global Financial Services Industry

Date 09/05/2023

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its 50th year in serving the financial markets, protecting and safeguarding the system, delivering value to the industry and clients and launching products and services that mitigate risk and increase efficiencies.

Binance Halts Withdrawals As BTC Fees Surge - Kaiko Research: Data Debrief

Date 09/05/2023

Bitcoin closed the week in the red after network congestion led Binance to halt withdrawals twice over the past 48 hours, the U.S. Fed hiked rates but opened the door for a pause amid lingering banking turmoil, Coinbase reported smaller than expected loss in the first quarter while Bittrex filed for bankruptcy.

CCData And Blockdaemon Add ETH, The Largest PoS Asset To Expanding, Industry-First Staking Yield Index Family - The ETH Index Joins A Family Of Digital Asset Indices That Include Cardano, Solana, Avalanche, Cosmos, And Polkadot

Date 09/05/2023

CCData (formerly CryptoCompare), the leading digital asset data provider and FCA-authorised benchmark administrator, in partnership with Blockdaemon, the global leader in institutional-grade blockchain infrastructure for node management and staking, today announced the expansion of their recently launched Staking Yield Index Family. The family of indices, all industry firsts, now feature Ethereum, the largest Proof-of-Stake asset by market capitalisation.

DSP Asset Managers Inaugurates First Office In London - DSP International UK Limited To Focus On Institutions Seeking Exposure To Indian Markets

Date 09/05/2023

DSP Asset Managers opened its first offshore office in London catering to institutions seeking investment opportunities in Indian markets. DSP International UK Limited, situated on 1 St. Katherine's Way, next to London Tower would mainly cater to pension funds, sovereigns, family offices and high net worth individuals.

XTX Markets Announces Sponsorship Of The Ukraine International Mathematical Olympiad Team

Date 09/05/2023

XTX Markets is pleased to announce that it has become the principal sponsor of the Ukraine International Mathematical Olympiad ('IMO') team for 2023 and 2024. XTX will support the Ukraine IMO team by funding coaching, training camps and competitions for the next two years, as well as providing scholarships for 6 students to complete their A-levels in the UK.

Athens Stock Exchange To Introduce New Futures Product Based Upon The New MSCI Greece Rebased Index Traded In The ATHEX Derivatives Market

Date 09/05/2023

Within the context of its continuous efforts to develop the ATHEX Derivatives Market, innovate its product portfolio, increase its visibility among international investors and boost market activity, the Athens Stock Exchange has collaborated with MSCI, a leading provider of tools and services for the global investment community, to launch a new Futures product linked to the new MSCI Greece Rebased Index on May 10, 2023. 

Largest Outflows On Record For Short-Bitcoin Totalling US$23m - CoinShares: Fund Flows

Date 09/05/2023

• Digital asset investment products saw outflows totalling US$54m last week, representing the 3rd consecutive week of negative sentiment for the asset class.
• Bitcoin saw US$32m of outflows last week. While sentiment in the US turned markedly positive, with inflows of US$18m and the largest weekly outflows from short-bitcoin on record of US$23m.
• Blockchain equities also endured weaker sentiment last week, seeing outflows totalling US$7.3m.

SET Market Report For April 2023

Date 09/05/2023

International Monetary Fund (IMF) forecast the global economic growth will slightly slow down in 2023, inflation stubbornly stays above the target as the labour market still tight as seen by the fact that the ratio of job vacancy to unemployed people hit the highest level in a decade. However, a better balance labour market is shaping. Impacts from aggressive rate hikes by several central banks on financial sector start to be seen, shaking depositor confidence, making a run on deposits at vulnerable banks and consequently compelling government to launch assistance measures to avert a snowball effect. The impacts on Thai listed companies are very limited as their asset exposure to the troubled financial institutions is low.

NGX commends ASHON For Enhancing Professionalism, Ethics In Capital Market

Date 09/05/2023

Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market.