News Centre

OFR’s Pilot Provides Unique Window Into The Non-Centrally Cleared Bilateral Repo Market, By Samuel J. Hempel, R. Jay Kahn, Robert Mann, And Mark Paddrik

Date 05/12/2022

The repurchase agreement (repo) market is a foundational component of the U.S. financial system, providing trillions of dollars of daily funding and facilitating liquidity for U.S. Treasuries and other securities.  The repo market allows participants to borrow cash against securities pledged as collateral, with an obligation to repurchase those securities in the future.

BIS Analysis Shines Light On Persistent Risks In Foreign Exchange Trades, Hidden Dollar Debt: BIS Quarterly Review

Date 05/12/2022

• New BIS analysis of the 2022 Triennial Central Bank Survey shows shifts in trading patterns and market structure in foreign exchange and over-the-counter interest rate derivatives markets, identifying risks deserving attention.
• Foreign exchange swap positions point to over $80 trillion of hidden US dollar debt, reported off-balance sheet. 
• The volume of daily foreign exchange turnover subject to settlement risk remains stubbornly high despite mechanisms to mitigate such risks.  

CCP12 Special General Meeting 2022

Date 05/12/2022

The Global Association of Central Counterparties – held its Virtual Special General Meeting 2022.

Fiserv To Present At UBS Global TMT Conference

Date 05/12/2022

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that   Bob Hau, Chief Financial Officer, will present at the UBS Global TMT Conference on Wednesday, December 7, at 7:30 a.m. ET.

Intercontinental Exchange Reports November 2022 Statistics

Date 05/12/2022

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported November 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Avelacom Offers Access To Cboe Europe Derivatives (CEDX)

Date 05/12/2022

• Avelacom will provide a one-stop shop for low latency connectivity, IT infrastructure and market data solutions for pre-trade and execution on CEDX

Rodrigo Buenaventura (Spain) Appointed Chair Of The IOSCO Sustainable Finance Task Force

Date 05/12/2022

The International Organization of Securities Commissions is pleased to announce that Mr. Rodrigo Buenaventura, Chair of the Spanish Securities Market Commission (CNMV), has assumed today the chairmanship of its Sustainable Finance Task Force (STF).

UK Financial Conduct Authority: Update On Debt Packager Proposals

Date 05/12/2022

In November 2021, we consulted (CP 21/30) on new rules to ban debt packagers from receiving fees or other remuneration for referrals to debt solution providers. Following analysis of the feedback we received, we decided to gather some additional evidence from the debt packager market to supplement our existing evidence base.

Foresight Sustainable Forestry Is The First Fund To Use London Stock Exchange’s Voluntary Carbon Market (VCM) Framework

Date 05/12/2022

• The London Stock Exchange is the first exchange to use a public market framework to facilitate funding in climate mitigation projects that generate carbon credits
• Foresight Sustainable Forestry (FSF) is the first fund to be eligible based on its forestry and afforestation portfolio that will follow the UK Woodland Carbon Code certification

Assets Under Management In Short-Bitcoin Products Fell By US$27m Last Week - CoinShares: Fund Flows

Date 05/12/2022

• Digital asset investment products saw minor outflows totalling US$7.5m, although this figure is misleading as the majority of the outflows were from short investment products.
• Sentiment towards Bitcoin improved last week with inflows totalling US$11m, while also seeing outflows from short-Bitcoin products totalling US$11m.
• Ethereum continues to suffer from minor negative sentiment, posting a 3rd consecutive week of outflows totalling US$4m. We believe worries over the lack of clarity on the timing of un-staking is responsible.