News Centre

Parameta Solutions Becomes An Authorised Benchmark Administrator - Parameta Solutions Takes Over Administration Of TP ICAP Benchmarks, Laying Foundations For Future Benchmark Creation

Date 12/05/2022

Parameta Solutions, the Data & Analytics division of TP ICAP, has announced that it has become a FCA authorised benchmark administrator, making it the first interdealer-broker to administer over the counter (OTC) benchmarks and indices.  Parameta Solutions will also take on administration of the nine TP ICAP interest rate swaps benchmarks that were previously administered by Moorgate Benchmarks Ltd.

Federal Reserve Board Issues Enforcement Action With Former Employee Of Deutsche Bank AG New York Branch

Date 12/05/2022

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below:

Nasdaq Announces 2022 Annual Meeting Of Shareholders

Date 12/05/2022

Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled its 2022 Annual Meeting of Shareholders for June 22, 2022 at 8:00 AM ET. Shareholders of record will be able to vote and ask questions online during the meeting. The virtual meeting website will be accessible 15 minutes prior to the meeting start by visiting: www.virtualshareholdermeeting.com/NDAQ2022.

Bank Of England: Dr. Swati Dhingra Appointed To The Monetary Policy Committee

Date 12/05/2022

Dr. Swati Dhingra will join the MPC on 9 August for a 3-year term, replacing current external member Michael Saunders who has been on the MPC since August 2016.

ESMA Appoints New Member To Its Management Board

Date 12/05/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has elected a new member to its Management Board to replace an outgoing member who has stepped down from her position.

CKGSB Investor Sentiment Remain Pessimistic On China's Capital Markets

Date 12/05/2022

Investors remain pessimistic on China's A-shares stocks and real estate as investment in precious metals such as gold increases by 10.2%, according to the new quarterly Investor Sentiment survey from Cheung Kong Graduate School of Business (CKGSB). The survey, which polled 2,500 investors from 13 major cities in China found that about 60.9% of investors expect A-shares stocks to rise. Only 55.9% of the investors polled believed house prices in first- and second-tier cities will rise in the next 12 months, down from 69.4% at the end of 2020. Respondents remain consistent on expectations for China's GDP growth at 5.4% and inflation at 2.7%.

BIS: OTC Derivatives Statistics At End-December 2021

Date 12/05/2022

Key takeaways

• The notional amount of OTC derivatives declined modestly in the second half of 2021, to $600 trillion. The gross market value and gross credit exposure also fell during the period.
• Amid rising prices for commodities, the gross market value of commodity derivatives rose by 30% during the second half of 2021.
• The notional amount of forward rate agreements (FRAs) contracted sharply in the second half of 2021, as investors prepared for Libor benchmarks to be phased out at the year-end.
• Central clearing rates remained stable for both interest rate derivatives (IRDs) and credit default swaps, standing at a respective 78% and 62% of notional amounts.

Drägerwerk AG & Co. KGaA: BaFin Imposes Administrative Fine

Date 12/05/2022

On 27 April 2022, BaFin imposed an administrative fine amounting to 115,000 euros on Drägerwerk AG & Co. KGaA.

Cyprus Stock Exchange Monthly Bulletin For April 2022

Date 12/05/2022

The total value of transactions during the month in review reached € 3,46 million, with an average of € 0,23 million per trading session.

FINMA Executive Board: Rupert Schaefer To Leave FINMA

Date 12/05/2022