News Centre

Readout: US Treasury Assistant Secretary Elizabeth Rosenberg’s Visit To Singapore

Date 11/08/2022

On August 10 and 11, Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg met with counterparts in Singapore, including from the Ministry of Finance, the Ministry of Trade and Industry, and the Monetary Authority of Singapore. During these engagements, Assistant Secretary Rosenberg thanked her counterparts for Singapore’s strong action in imposing financial sanctions and export controls on Russia as part of the international community’s response to Putin’s war against Ukraine and violation of Ukraine’s sovereignty and territorial integrity. Assistant Secretary Rosenberg discussed efforts to mitigate the war’s spillover effects, including technical work toward a price cap on Russian oil to lower global energy prices and restrict Putin’s revenue. Assistant Secretary Rosenberg also addressed protecting the U.S. and global financial system from the DPRK’s illicit activities, and responding to the crisis in Burma, which has reversed years of economic progress and increased the risk of illicit finance.

ETFGI Reports BOJ Reported Owning US$289 Billion Or 63% Of The Assets In The ETFs Industry In Japan At End Of July 2022

Date 11/08/2022

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the BOJ reported owning US$289 billion US dollars or 63% of the assets in the ETFs industry in Japan at the end of July 2022.  ETFs industry in Japan suffered net outflows of US$1.29 billion during July, bringing year-to-date net inflows to US$3.38 billion. Assets invested in the Japanese ETFs/ETPs industry have increased by 2.6%, from US$447 billion at the end of June to US$459 billion, according to ETFGI's July 2022 Japanese ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.) 

Talos Adds Highly Regarded Wall Street Technologist Neal Pawar As Strategic Advisor - Pawar Brings Over 25 Years’ Experience Driving Scale Through Technology For Some Of The Industry’s Largest Buy- And Sell-Side Firms At Every Stage Of The Investment Lifecycle

Date 11/08/2022

Talos, the premier provider of institutional digital asset trading technology, today announced the appointment of Neal Pawar as the company’s latest strategic advisor. Mr. Pawar joins a distinguished group of capital markets veterans on Talos’s advisory board, including Jennifer Hill, who previously served as CFO of Merrill Lynch & Co, David Cushing, ex-Director of Global Trading at Wellington, and Tim Grant, Galaxy Digital’s Head of Europe.

TNS Launches Market Data Services For Borsa Istanbul - Continuing The Global Expansion Of TNS’ Highly Engineered Trading Network

Date 11/08/2022

Transaction Network Services (TNS) is now connected to Borsa Istanbul (BIST) as a market data vendor. Opening up access to Turkey’s sole exchange with order routing and market data connectivity to the BIST matching engine in Istanbul allows TNS’ customers to capitalize on trading activities in this growing market.

ISDA derivatiViews: Diverse Views On Treasury Clearing

Date 11/08/2022

US policymakers are debating whether and how to increase levels of clearing in Treasury securities and repos, as part of a series of measures intended to strengthen the resilience of these markets during periods of stress. Given the central role that US Treasuries play in the financial system, any policy change would reverberate widely and would affect different market segments and participants in different ways. To inform the discussion, ISDA has published the results of a new survey on Treasury clearing, which provides views on possible benefits and costs, necessary changes to clearing infrastructure and the impact on related markets, including derivatives.

NYSE Member Firms Report Second Quarter Results

Date 11/08/2022

New York Stock Exchange member firms that conduct business with the public reported a second-quarter 2022 after-tax profit of approximately $5.6 billion and revenues of approximately $55 billion, compared with approximately $8.5 billion after-tax profit on revenues of about $56 billion in the second-quarter of 2021.

ETFGI Reports The ETFs Industry In Canada Gathered Net Inflows Of US$1.52 Billion In July 2022

Date 11/08/2022

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs industry in Canada gathered net inflows of US$1.52 billion during July, bringing year-to-date net inflows to US$16.79 billion. During the month, Canadian ETF assets increased by 5.8%, from US$243 billion at the end of June to US$257 billion, according to ETFGI's July 2022 Canadian ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.) 

CME Group Foundation Awards 2022 Higher Education Scholarships To Rising Black And Latinx Students

Date 11/08/2022

• More than $2.5 million in Foundation scholarships awarded since 2019
• Students eligible for $20,000 in grants each year for up to three years

Bank Of America Corporation: BaFin imposes Administrative Fine

Date 11/08/2022

On 2 August 2022, BaFin imposed an administrative fine amounting to 5,100,000 euros on Bank of America Corporation.

CryptoCompare Exchange Review - July 2022: Crypto Spot Volumes Reach Lowest Level Since December 2020

Date 11/08/2022

The cryptocurrency markets experienced their first sustained rally since March as the majority of digital assets began their recovery from the grim price action of the last few months.