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“This Law And Its Effective Administration”: Remarks Before The Practising Law Institute’s 54th Annual Institute On Securities Regulation, SEC Chair Gary Gensler, Washington D.C., Nov. 2, 2022

Date 02/11/2022

My thanks to the Practising Law Institute and the 54th Annual Institute on Securities Regulation. As is customary, I’d like to note that my views are my own, and I am not speaking on behalf of my fellow Commissioners or the SEC staff.

IMF Managing Director Names Julie Kozack As Director Of Strategic Communications

Date 02/11/2022

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Julie Kozack as the IMF’s Director of Strategic Communications (COM). She will succeed Gerry Rice, whose retirement from the Fund was announced on July 22, 2022.

Bitfinex Alpha Report Reveals Bitcoin Is Outperforming Tech Stocks Despite The Inflation War Being Far From Over

Date 02/11/2022

According to Bitfinex Analysts  – 

“The relationship between Bitcoin and stocks has been a theme often sighted this year, with Bitcoin being described as “just another risk asset” given its dramatic rise and fall in correlation to equities.This correlation is now breaking down. By mid-October Bitfinex Alpha saw the lowest correlation between Bitcoin and stock indices since the first week of January, reaching zero at one point, indicating no statistical association between the two assets. “

OCC October 2022 Total Volume Up 10.2% Year-Over-Year, Fifth Highest Month On Record

Date 02/11/2022

OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through October 2022 was 41.1 million contracts, up 5.6 percent compared to year-to-date average daily volume through October 2021. Total volume was 910.0 million contracts, up 10.2 percent compared to October 2021 and the fifth highest month in OCC’s history. 

Western Hemisphere Regional Economic Outlook: Navigating Tighter Global Financial Conditions

Date 02/11/2022

• Growth momentum continues in Latin America and the Caribbean, and the region is expected to grow by 3.5 percent in 2022. Amid tightening global financial conditions, however, growth is projected to decelerate to 1.7 percent in 2023.
• Inflation is the highest in two-decades and is expected to recede gradually helped by decisive action by the region’s central banks.
• Monetary policy should stay the course, and avoid easing prematurely, while fiscal policy should focus on strengthening public finances while protecting the vulnerable population from the inflation shock.

Building Trust In Macroprudential Policy − Speech By Colette Bowe, Bank Of England, External Member Of The Financial Policy Committee, Given At The Annual Maxwell Fry Lecture, Birmingham University Business School

Date 02/11/2022

Colette Bowe discusses the FPC’s emphasis on transparent communication to ensure its policy decisions are coherent and accountable to the public they serve. The nature of financial stability means this will always be a work in progress, but these efforts are crucial to ensure FPC continues to be worthy of the public’s trust.

NGX Set To Host Made Of Africa Awards

Date 02/11/2022

Nigerian Exchange Limited (“NGX” or “The Exchange”) is set to host the 2022 edition of NGX Made of Africa Awards on Tuesday, 6 December 2022 at the Civic Center, Victoria Island, Lagos. The hybrid event themed “Innovation in Capital Markets: The Panacea for Exponential Growth”, will bring together key stakeholders in the capital market.

CME Group Reports 11% ADV Growth In October 2022

Date 02/11/2022

• Highest-ever October ADV
• Equity Index volume up 59%, with record E-mini S&P 500 options contracts
• Record SOFR options volume and OI

The Spanish Stock Market Trades 23.9 Billion Euros In October

Date 02/11/2022

• The volume traded in Equities in October is down 1.2% on the previous month
• Fixed-income trading in October increased 4.8% to 10.5 billion euros
• Trading in Futures contracts on the IBEX 35 ® index increased by 7.4% in the first ten months of the year

UK Financial Conduct Authority's Key Priorities For The Financial Advice Industry - Speech By Therese Chambers, Our Director Of Consumer Investments, Delivered At The Festival Of Financial Planning In Birmingham, Organised By The Personal Finance Society

Date 02/11/2022

Highlights

• The FCA wants to see more consumers who can afford to do so investing their money safely.
• This will only occur in a better consumer investment market.
• Financial advisers play a major role in helping or hindering this better market.
• The Consumer Investment Strategy and Consumer Duty is a big change that should turn the dial improving financial advice, the consumer investment market, and outcomes for consumers.