News Centre

The Aftermath: What Happened To USDC? - Kaiko Research: Data Debrief

Date 13/03/2023

What a weekend. Today, the Kaiko Research team presents a post-mortem of the mass chaos crypto markets experienced amid SVB’s collapse. 

BIS: Public Debt And Household Inflation Expectations

Date 13/03/2023

Summary

Focus 

Inflation has increased sharply against the background of record-high levels of public debt during the post-pandemic economic recovery. In this paper, we ask whether high public debt might be helping to increase household inflation expectations.

Op-Ed: Getting Crypto Firms To Do Their Work Within The Bounds Of The Law, SEC Chair Gary Gensler, March 9, 2023

Date 13/03/2023

The full version of this Op-Ed was published in The Hill

When I taught a course on blockchain and money at the Massachusetts Institute of Technology, I asked my students every semester who they thought Satoshi Nakamoto was.

CME Group Announces First Day Of Trading Of Event Contracts On Bitcoin Futures

Date 13/03/2023

CME Group, the world's leading derivatives marketplace, today announced the first day of trading of event contracts on Bitcoin futures.

ICE Provides Access To Blue Ocean Technologies Overnight Real-Time Equity Data Feed

Date 13/03/2023

• Provides greater transparency into U.S. equity trading during Asian business hours
• Blue Ocean ATS joins roster of leading global exchange data offered over ICE Consolidated Feed

Bloomberg Enters Agreement To Acquire Broadway - Transaction Will Accelerate Multi-Asset Solutions For Rates And Credit Markets

Date 13/03/2023

Bloomberg has entered into an agreement to acquire Broadway Technology, LLC (“Broadway”), a cutting-edge provider of high-performance front-office fintech solutions. This acquisition will enable Bloomberg to provide a low latency execution management offering optimized for rates trading, and deliver further innovations in multi-asset software.

Hong Leong Bank’s New Data Center Receives Highest Green Certification In Malaysia From GCI

Date 13/03/2023

The Data Centre is the first in Malaysia to be certified as a Titanium+ Tier facility by Green Climate Initiative (GCI), a testament to the Bank’s commitment to addressing climate change and the transition to a green, low carbon and climate-resilient economy

DTCC Launches New Centralized Communication Solution As Part Of Its LENS Service In Support Of LIBOR Cessation

Date 13/03/2023

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services, today announced that it has launched its new LIBOR Benchmark Replacement Index solution to support the industry’s transition from LIBOR benchmark rates to Secured Overnight Financing Rate Data (SOFR) as well as other new fallback rate indices by June 30, 2023. Market participants will be able to access the solution through DTCC’s Legal Notice System (LENS), a repository of notices designed to report organizational actions that affect securities issues from issuers, agents and trustees, as well as via an automated data feed that will support machine-to-machine capture of standardized reference data.

CoinShares Research: Largest Weekly Outflows On Record Totalling US$255m - Fund Flows Report

Date 13/03/2023

• Digital asset investment products saw outflows for the 5th consecutive week totalling US$255m, the largest single weekly outflows on record representing 1.0% of total assets under management (AuM).
• AuM has fallen by 10% over the week, retracing back to levels seen at the beginning of 2023. The outflows have also wiped out all the inflows seen this year.
• Bitcoin, being the largest digital asset, was the primary focus, seeing outflows totalling US$244m last week. Short-bitcoin also saw outflows totalling US$1.2m.

ECB And The ESAs Call For Enhanced Climate-Related Disclosure For Structured Finance Products

Date 13/03/2023

The European Supervisory Authorities (ESAs), together with the European Central Bank (ECB), today published a Joint Statement on climate-related disclosure for structured finance products. The Statement encourages the development of disclosure standards for securitised assets through harmonised climate-related data requirements.