News Centre

Robinhood Markets, Inc. Reports February 2023 Operating Data

Date 13/03/2023

Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for February 2023:

Federal Reserve Board Announces That Vice Chair For Supervision Michael S. Barr Is Leading A Review Of The Supervision And Regulation Of Silicon Valley Bank, In Light Of Its Failure

Date 13/03/2023

The Federal Reserve Board on Monday announced that Vice Chair for Supervision Michael S. Barr is leading a review of the supervision and regulation of Silicon Valley Bank, in light of its failure. The review will be publicly released by May 1.

ISDA-Clarus RFR Adoption Indicator: February 2023

Date 13/03/2023

The ISDA-Clarus RFR Adoption Indicator increased to 52.9% in February 2023 compared to 51.0% in January 2023. The indicator tracks how much global trading activity (as measured by DV01) is conducted in cleared over-the-counter and exchange-traded interest rate derivatives (IRD) that reference the identified risk-free rates (RFRs) in eight major currencies. On a traded notional basis, the percentage of RFR-linked IRD increased to 49.1% of total IRD transacted in February 2023 compared to 48.3% the prior month.

Canadian Securities Regulators Provide Tips To Avoid Online Investment Scams

Date 13/03/2023

This Fraud Prevention Month, the Canadian Securities Administrators (CSA) are warning Canadians of potentially misleading advice and fraudulent online investment opportunities and reminding them to research the claims before investing.

CFTC Commissioner Goldsmith Romero Announces Newly Constituted Technology Advisory Committee And Announces Chair And Vice Chair

Date 13/03/2023

Commissioner Christy Goldsmith Romero, sponsor of the CFTC’s Technology Advisory Committee (TAC), announced the newly constituted membership of TAC. Commissioner Goldsmith Romero also announced that Carole House will serve as TAC’s chair and Ari Redbord will serve as Vice Chair. Chair Carole House is an Executive in Residence at Terranet Ventures, Inc., and recently served as the Director for Cybersecurity and Secure Digital Innovation for the White House National Security Council, where among other things, she was instrumental in President Biden’s Executive Order on Ensuring Responsible Development of Digital Assets. Vice Chair Ari Redbord is the Head of Legal and Government Affairs at TRM Labs, a blockchain intelligence company that detects and investigates digital asset fraud and financial crimes, who previously served as the Senior Advisor to the Treasury Deputy Secretary and the Undersecretary for Terrorism and Financial Intelligence, and is a former federal prosecutor. 

Nadex Adds "UpDown Options" As Alternate Reference To Touch Bracket Contracts

Date 13/03/2023

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (the “Act”), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act, North American Derivatives Exchange, Inc. (“Nadex”) d/b/a crypto.com | Derivatives N.A., hereby provides notice that it is amending the definition of Touch Bracket contract in Rule 1.1 (Definitions) to indicate that Nadex may from time to time refer to these contracts as “UpDown Touch Bracket Contracts” or simply “UpDown Options”. Nadex is adding the alternate references to provide for more descriptive and accessible terminology which it believes will benefit its marketing efforts of these contracts.

FIA Establishes President's Award, - Honoring Six Derivatives Industry Leaders - New Annual Award Honors Key Individuals From FIA's Membership That Have Advanced Key Strategic Initiatives And Values

Date 13/03/2023

This year, FIA has established its President's Award, an annual honor that recognizes outstanding individuals for their contributions to the global cleared derivatives industry over the past year.

Comment On SVB And Banking Services For Crypto Firms From CryptoUK, Director Of Operations, Su Carpenter

Date 13/03/2023

The news that Silicon Valley Bank UK customers can access their deposits and banking services as usual from today is a huge relief for the crypto and technology sectors.

The Aftermath: What Happened To USDC? - Kaiko Research: Data Debrief

Date 13/03/2023

What a weekend. Today, the Kaiko Research team presents a post-mortem of the mass chaos crypto markets experienced amid SVB’s collapse. 

BIS: Public Debt And Household Inflation Expectations

Date 13/03/2023

Summary

Focus 

Inflation has increased sharply against the background of record-high levels of public debt during the post-pandemic economic recovery. In this paper, we ask whether high public debt might be helping to increase household inflation expectations.