News Centre

Federal Reserve: Senior Credit Officer Opinion Survey On Dealer Financing Terms

Date 23/06/2022

The Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) is a quarterly survey providing information about the availability and terms of credit in securities financing and over-the counter (OTC) derivatives markets. The SCOOS is modeled after the long-established Senior Loan Officer Opinion Survey on Bank Lending Practices, which provides qualitative information about changes in supply and demand for loans to households and businesses at commercial banks. The SCOOS collects qualitative information on credit terms and conditions in securities financing and OTC derivatives markets, which are important conduits for leverage in the financial system. The survey panel for the SCOOS began by including 20 dealers and over time has been expanded. These firms account for almost all of the dealer activity in dollar-denominated securities financing and OTC derivatives markets. The survey is directed to senior credit officers responsible for maintaining a consolidated perspective on the management of credit risks. The HTML links below include the full report; the PDF links include the summary only.

Tradeweb Launches Spotlight Dealer Diversity Program To Promote Diverse Dealers - New Program Increases Access To Diverse Dealers Throughout The Fixed Income Trading Workflow From RFQ To Execution And Settlement

Date 23/06/2022

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the launch of its Spotlight Dealer Diversity Program (‘Spotlight Program’), designed to promote diverse dealers on the Tradeweb platform. Tradeweb made the announcement today at the 2022 Fixed Income Leaders Summit in Nashville, TN.

CCP12 - The Global Association Of Central Counterparties – Held Its 2022 Annual General Meeting In Madrid, Spain And Virtually

Date 23/06/2022

As part of the Annual General Meeting, CCP12 members elected a new Executive Committee (ExCo) to lead the association for the next 2 years. Kevin McClear, President of ICE Clear U.S. at Intercontinental Exchange Inc., was elected as Chair of CCP12. Dmitrij Senko, Chief Risk Officer of Eurex Clearing Group, and Kausick Saha, Chief Risk of Clearing Corporation of India Ltd, were elected as Vice-Chairs. Tim Cuddihy, Managing Director at DTCC, will continue to serve as the Treasurer. In addition, the following members were elected as ordinary ExCo members:

NGX, CIS Enhance Stakeholders’ Capacity For Exchange Traded Derivatives

Date 23/06/2022

Nigerian Exchange Limited (NGX) and the Chartered Institute of Stockbrokers (CIS) organized a capacity-building workshop for Exchange Traded Derivatives stakeholders, on Thursday 23 June 2022, in line with the commitment to promote a robust derivatives market ecosystem in Nigeria.

EBA Replies To European Commission’s Call For Advice On The Review Of The Payment Services Directive

Date 23/06/2022

The European Banking Authority (EBA) published today an Opinion and Report in response to the European Commission’s Call for Advice (CfA) on the review of the Payment Services Directive (PSD2). In its response, the EBA puts forward more than 200 proposals that would contribute to the development of the single EU retail payments market and ensure a harmonised and consistent application of the legal requirements across the EU. In particular, the EBA’s proposals aim at enhancing competition, facilitating innovation, protecting consumers’ funds and data, fostering the development of user-friendly services, and preventing exclusion from access to payment services, as well as ensuring a harmonised and consistent application of the legal requirements across the EU.

Testimony By Vince McGonagle CFTC Director Of The Division Of Market Oversight Before The Subcommittee On Commodity Exchanges, Energy, And Credit House Agriculture Committee, Washington, DC

Date 23/06/2022

Chairman Maloney, Ranking Member Fischbach, and Members of the Subcommittee, thank you for the opportunity to appear before you today to share my views on digital asset regulation as the Director of the Division of Market Oversight at the Commodity Futures Trading Commission (CFTC, Agency or Commission).

New Document From IBI LION About Its Listing On BME Growth

Date 23/06/2022

• It will become the first REIT and the fifth company to join this BME market in 2022

The Outlook For Inflation And Monetary Policy, Federal Reserve Governor Michelle W. Bowman, At Executive Officers Conference, Massachusetts Bankers Association, Harwich, Massachusetts

Date 23/06/2022

Thank you to the Massachusetts Bankers Association for the opportunity to speak to you today. It is often good to get away from Washington to gain some perspective, and it's always worthwhile for me when I can get some perspective from bankers.

LME: Nickel Market Suspension - Independent Review Selection - Oliver Wyman

Date 23/06/2022

Following the notification to the market of the LME and LME Clear’s (together the “LME Group”) intention to commission an Independent Review into events in the Nickel market leading up to the Nickel market suspension (LME Notice 22/099 and LME Clear Circular 22-022 dated 4 April 2022), the LME Group has been working to identify and select an experienced independent party. After a rigorous process, the LME Group confirms the appointment of independent management consultancy firm Oliver Wyman Limited (to be supported by its sister company, NERA UK Limited) (“Oliver Wyman”).

Susanna Grufman Named Acting Director General For Finansinspektionen

Date 23/06/2022

The Government has decided that Susanna Grufman, currently the deputy director general, will be named the acting director general for Finansinspektionen.