News Centre

Noumenon Of Equity Market Structure: By Kelvin To, Founder And President, Data Boiler Technologies

Date 10/10/2022

Noumenon of US Equity Market Structure to some extent resemblances the parable of “blind people and an elephant”. Different people may use different phenomena that they experienced to describe the big picture differently. Yet, Laozi’s Taoism said, “A semblance great, the shadow of a shade” (big picture is formless). So, people have debated about market designs, continuous trading versus auction, venue-by-venue versus order-by-order competition, tick size, BestEx, odd lot, round lot, and whatnot over-and-over again for decades. 

Open Interest Hits All Time High - Kaiko Research: Data Debrief

Date 10/10/2022

• Price Movements: BNB, the native token of Binance Smart Chain, is down 8% following a $100mn hack.
• Market Liquidity: Sushiswap's market share vs. Uniswap hit all time lows of just 1% in September as new Head Chef takes over.
• Derivatives: Open interest on Binance has surged to all time highs, although funding rates remain firmly neutral.
• Macro Trends: The GBTC discount widened to 36%, with the fund's share price now underperforming BTC by 9% YTD.

FSB Outlines Next Steps For Enhancing Cross-Border Payments

Date 10/10/2022

The Financial Stability Board (FSB) today published the priority themes for the next phase of work under the G20 Roadmap for Enhancing Cross-Border Payments, two years after the Roadmap was launched. The plan includes the practical steps to be taken to strengthen external engagement during this next phase of the work.

HFRI 500 Macro Surge Accelerates As Us Dollar Extends Historic Gains - Quant, Trend-Following And Currency Lead As British Pound Posts Steep Decline - HFRI 500 Tops Equities By Over 700 Basis Points In September - Larger Funds Outperform, HFRI Asset Weighted Index +1.1 Percent For Month

Date 10/10/2022

Macro hedge funds surged in September, with strong contributions from currency and fixed income exposures as the U.S. Dollar extended record gains, the Federal Reserve increased interest rates in an effort to slow generational inflation, and U.S. equities posted steep, broad-based declines.

Montréal Exchange's Markets Closed Today, October 10, 2022

Date 10/10/2022

The Exchange's markets are closed today, October 10, 2022.

BETTER FINANCE Pensions Report 2022: It Will Get Much Worse For EU Savers Before It Even Has A Chance To Get Better

Date 10/10/2022

For 10 years now BETTER FINANCE points to the often-poor real net returns of long-term and pension savings (see the 2022 Edition of the Real Return) across a large number of EU jurisdictions. It is getting worse, and while a couple of years of poor performances can be made up for, the same can’t be said for 22 years.

ESMA Announces Strategic Priorities For The Next Five Years

Date 10/10/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its Strategy for 2023-2028. In the Strategy, ESMA details its long-term priorities and how it will use its competences and toolbox to respond to future challenges and developments.  

Cyprus Stock Exchange Bulletin For September 2022

Date 10/10/2022

Click here to download the monthly bulletin for September 2022.

CCP12 Responds To The SEC's Proposed Rule On Clearing Agency Governance And Conflicts Of Interest

Date 10/10/2022

CCP12 has published its response to the Securities and Exchange Commission’s Proposed Rule on Clearing Agency Governance and Conflicts of Interest (Link).

ESMA Work Programme 2023: Focus On Sustainability, Technological Change And Protection Of Retail Investors

Date 10/10/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its 2023 Annual Work Programme (AWP).  It sets out ESMA’s priority work areas for the next year to deliver on its mission to enhance investor protection and promote stable and orderly financial markets.