News Centre

US Department Of Justice: Ex-Wall Street Trader Convicted Of Fraud In Precious Metals Spoofing Scheme

Date 09/12/2022

A federal jury in the Northern District of Illinois convicted a former trader at JPMorgan Chase and Credit Suisse today of fraud in connection with a spoofing scheme in the gold and silver futures markets.

Nadex Refrains From Listing Certain Contracts

Date 09/12/2022

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

MIAX Options, Pearl Options And Emerald Options Exchanges - January 1, 2023 Non-Transaction Fee Changes

Date 09/12/2022

Effective January 1, 2023, pending filing with the SEC, MIAX Options, MIAX Pearl Options, and MIAX Emerald Options will amend the following non-transaction fees: (1)10Gb ULL connectivity on MIAX, MIAX Pearl, and MIAX Emerald; (2) Full Service MEO Ports, Bulk and Single, on MIAX Pearl; (3) additional Limited Service MEI Ports on MIAX and MIAX Emerald; (4) Trading Permits for EEMs on MIAX Pearl; (5) ToM data feeds on MIAX and MIAX Emerald; and (6) cToM data feeds on MIAX and MIAX Emerald.

BIS: "Front-Loading" Monetary Tightening: Pros And Cons

Date 09/12/2022

Key takeaways

• In response to the surge in inflation globally, central banks have engaged in the most synchronised and rapid monetary tightening in 50 years.
• Parsing the evidence from 11 advanced economies since 1970 indicates that "front-loading" of interest rate hikes is successful in countering inflation, even in the face of large and persistent inflationary shocks.
• Still, front-loaded monetary policy tightening may carry risks to financial stability, especially in an environment of high private and public debt levels or potential fragility in market liquidity.

BOX Options Market: Display Counterpart Executing Firm ID In SAIL And FIX Protocol

Date 09/12/2022

BOX Options Market LLC (“BOX”) is making the following changes to the SAIL and FIX Protocols:

EBA Risk Assessment Warns About The Impact Of A Deteriorating Macroeconomic Environment

Date 09/12/2022

• While bank profitability has improved, it remains uncertain how it will evolve amid lower GDP growth and rising interest rates.
• Bank capital and liquidity ratios remain high but have declined slightly year on year. The average common equity tier 1 (CET1) ratio has reached 15.0% while the liquidity coverage ratio (LCR) 165.1%.
• Despite low non-performing loans (NPL) volumes, banks classify 9.5% of loans in stage 2, the highest level since 2018 when reporting was initiated.
• Credit spreads have widened for bank debt instruments.
• ICT-related risks remain high.

Nasdaq Announces Semi-Annual Changes To The OMX Copenhagen 25 Index

Date 09/12/2022

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Copenhagen 25 Index (Nasdaq Copenhagen: OMXC25), which will become effective at market open on Monday, December 19, 2022.

Nigerian Exchange Market Report For December 9th, 2022

Date 09/12/2022

A total turnover of 1.225 billion shares worth N15.243 billion in 15,317 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 839.978 million shares valued at N12.418 billion that exchanged hands last week in 16,183 deals.

BIS - Pricing Of Climate Risks In Financial Markets: A Summary Of The Literature

Date 09/12/2022

This paper summarises the academic literature on the financial market pricing of physical and transition risks related to climate change.

Nasdaq Announces End Of Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date November 30, 2022

Date 09/12/2022

At the end of the settlement date of November 30, 2022, short interest in 3,471 Nasdaq Global Market^SM securities totaled 10,154,992,155 shares compared with 10,346,655,385 shares in 3,471 Global Market issues reported for the prior settlement date of November 15, 2022. The end of November short interest represents 3.21 days average daily Nasdaq Global Market share volume for the reporting period, compared with 2.47 days for the prior reporting period.