News Centre

CFTC Staff Withdraws No-Action Letter To Victoria University Of Wellington, New Zealand Regarding A Not-For-Profit Market For Certain Event Contracts

Date 04/08/2022

The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) today announced it is withdrawing CFTC Letter No. 14-130 effective immediately. When DMO issued the letter on October 29, 2014, it took a no-action position with respect to the operation of a not-for-profit market for certain event contracts and the offering of such contracts to U.S. persons by Victoria University of Wellington, New Zealand without registration as a designated contract market, foreign board of trade, or swap execution facility, and without registration of its operators. [See CFTC Press Release No. 7047-14]

Federal Reserve Board Announces The Individual Capital Requirements For All Large Banks, Effective On October 1

Date 04/08/2022

Following its stress test earlier this year, the Federal Reserve Board today announced the individual capital requirements for all large banks, effective on October 1.

MIAX Regulation: Prearranged Trading

Date 04/08/2022

MIAX Regulation is reminding participants, Members, and Member organizations that the use of orders or quotes to signal the arrival of an order or otherwise to coordinate order flow with another market participant may violate Exchange rules and be deemed conduct inconsistent with just and equitable principles of trade.

Nodal Power Futures Grow 32% And Environmental Futures 103% In July

Date 04/08/2022

Nodal Exchange today announced significant growth in power and environmental futures in July 2022.  Nodal power futures volume was 128.4 TWh, up 32% from July 2021.  The majority of U.S. power futures open interest is on Nodal Exchange with 1.166 billion MWh representing $168 billion of notional value based on both sides as of the end of July 2022.

BIS: Options For Access To And Interoperability Of CBDCs For Cross-Border Payments

Date 04/08/2022

Central banks must make critical choices on the access of non-residents and foreign financial institutions to central bank digital currencies (CBDCs), as well as ensuring multinational interoperability, to fully harness the potential for CBDCs to enhance cross-border payments. This is the main conclusion of a joint report released by the BIS Committee on Payments and Market Infrastructures, The BIS Innovation Hub, the IMF and the World Bank. https://www.bis.org/publ/othp52.htm

Statement Of CFTC Commissioner Kristin N. Johnson

Date 04/08/2022

Today, Commodity Futures Trading Commission Commissioner Kristin Johnson issued the following statement:

“I thank Chairwoman Stabenow, Ranking Member Boozman, and co-sponsors Senators Cory Booker and John Thune for their introduction of thoughtful legislation that aims to improve the oversight of digital asset markets, the Digital Commodities Consumer Protection Act of 2022.  In order for the industry to thrive and fulfill its promise, digital asset markets must integrate stronger investor protections and robust market integrity safeguards.  The CFTC, as part of the complement of federal and state regulators, has an important role to play in the oversight of these markets.  I look forward to working with Congress, my colleagues at the CFTC, and my fellow regulators to develop a regulatory infrastructure that achieves effective customer protections and market integrity safeguards.”

EBA Updates Data On Deposit Guarantee Schemes Across The European Economic Area

Date 04/08/2022

• From 2020 to 2021, the amount of available financial means held by the Deposit Guarantee Schemes (DGSs) across the European Economic Area (EEA) significantly increased by 19 %. This means that DGSs hold more resources to protect depositors in case of banking failure.
• DGSs are gradually increasing their funds raised from the industry with the aim of reaching the harmonised minimum target level of 0.8 % of covered deposits by July 2024.
• The dataset for 2021 includes, for the first time, some new metrics such as the amount of qualified available financial means of the DGSs, which are the funds counting toward reaching DGSs’ target level.
• The EBA now offers various statistical visualisation tools to make data easier to understand and analyse.

CryptoCompare Asset Report July 2022 - BUSD/BTC Volumes Spike 69.2% To $46.4Bn In July

Date 04/08/2022

Over the last three months, all covered digital assets lost approximately a third of their value as the cryptocurrency space continued to be marred by high-profile contagion events. Over this period, ADA was the best performing asset, returning -31.7%.

BME: Foreign Investors And Households Hold Two Thirds Of Spanish Equities

Date 04/08/2022

• Non-residents' ownership of listed companies fell by one percentage point to 48.8% and that of households remained at 17.1%.
• The weight of banks in the Spanish stock market rises to 3.5%, a six-year high, and that of non-financial companies stands at 20.9%, in line with the previous year.

Intercontinental Exchange Approves Third Quarter Dividend Of $0.38 Per Share

Date 04/08/2022

Intercontinental Exchange (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced today a $0.38 per share dividend for the third quarter of 2022, which is up 15% from the $0.33 per share dividend paid in the third quarter of 2021. The cash dividend is payable on September 30, 2022 to stockholders of record as of September 16, 2022. The ex-dividend date is September 15, 2022.