News Centre

ESMA Analyses Preliminary Effects Of Market Correction Mechanism On EU Natural Gas Derivative Market

Date 23/01/2023

The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor, has today published its preliminary data report following the introduction of the market correction mechanism (MCM) in the EU Regulation.

2022 FESE Annual Statistical Review

Date 23/01/2023

Global Overview

2022 has been marked by slowing growth, inflationary pressures, rising interest rates and persistent geopolitical uncertainty. This has been translated into the mixed picture we see across asset classes and capital markets. FESE’s data confirms that, while trading in equity markets has remained stable, volumes in primary equity markets have declined. Conversely, derivatives trading has risen, especially in options and futures related to bonds, stocks, indexes and forex, excluding commodity derivatives. In a similar fashion, the bond and ETF markets performed well. Yet, UCITS activity showed decreases and securitised derivatives had mixed results.

London’s Financial Service Jobs Hit Five Year High

Date 23/01/2023

Key stats from Morgan McKinley’s 2022 London Employment Monitor:

• 36% increase in jobseekers for 2022 from 2021
• 16% increase in jobs available for 2022 from 2021
• 23% decrease in job seekers quarter-on-quarter (Q4 2022 vs Q3 2022)
• 8% decrease in jobs available quarter-on-quarter (Q4 2022 vs Q3 2022)
• 21% average salary change moving from one job to another in Q4 2022

The Rally Has Revealed A Very Polarised Investor, US Bearish, Europe Bullish - CoinShares: Fund Flows

Date 23/01/2023

• Digital asset investment products saw US$37m inflows last week, although this was predominantly into short investment products (68%).
• Regionally, opinion is very polarised. Inflows were seen in Europe, most notably Germany and Switzerland with US$14m and US$10m respectively.
• Hong Kong saw outflows from long investment products, while the 95% of the inflows into the US were into short-Bitcoin products.

SEBA Bank Launches An Innovative Offering - SEBA's New Offering Provides Scaled Benefits For Traditional And Crypto Investors, Simplifying Crypto Banking

Date 23/01/2023

SEBA Bank, a FINMA regulated, licensed digital assets bank, today announces an innovative offering for its clients. SEBA Bank is shaping the future of finance, simplifying crypto banking for its clients, whether traditional or crypto-savvy investors. Clients are the focus at SEBA. Become a client and discover first-class crypto banking.

FEAS Newsletter: December 2022

Date 23/01/2023

RegTech GSS Delivering Unique Industry Collaboration To Improve Compliance Standards

Date 23/01/2023

• GSS has raised over $45m / £37m in its initial funding round
• Major investors in the GSS platform include AlixPartners, The Cynosure Group, and MUFG
• Randal Quarles, chairman and co-founder of the Cynosure Group, former Vice Chairman of the Federal Reserve System and former Chairman of the Financial Stability Board has joined the GSS board
• William Langford, Global Head of Financial Crimes Compliance and Chief Compliance Officer for the Americas at MUFG, to serve as an observer to the GSS board

EGX Holiday On Thursday 26th Of January 2023

Date 23/01/2023

EGX will be on official holiday on Thursday 26th of January 2023 instead of the 25th of January in celebration of the 25th of January Revolution - Police Day holiday. Trading will be resumed on Sunday 29th of January 2023.

Streets Consulting Launches “Metaverse: What Matters?” - The Monthly Metaverse Chat Show Features Dr Catriona Wallace, Responsible AI Expert And Founder Of The Responsible Metaverse Alliance

Date 23/01/2023

Streets Consulting and the Responsible Metaverse Alliance have collaborated to introduce a brand new metaverse chat show series: “Metaverse: What Matters?”

Euromoney Institutional Investor PLC (The "Group" Or "Euromoney") Rebrands As Delinian Limited ("Delinian")

Date 23/01/2023

In November 2022 Euromoney, the global B2B information-services business, was acquired by funds managed by Astorg and Epiris. As previously announced, the Group will be separated into two businesses with Fastmarkets becoming a stand-alone entity, owned and controlled by Astorg, with the Delinian businesses operating under the majority ownership and control of Epiris.