News Centre

The UK Prudential Regulation Authority’s Role In Improving The Processes That Support Insurers’ Investment - Speech By Charlotte Gerken, Bank Of England, Executive Director, Insurance, Given At The Insurance Asset Management Conference

Date 25/11/2021

Insurers play a key role as investors in the UK economy says Charlotte Gerken.

Charlotte talks about the Prudential Regulation Authority’s role in the review of Solvency II. As part of this review, she says, there is an opportunity to consider reforms that will support insurers to invest.

Eurex Expands FX Offering To Major European Currencies - Seven New FX Futures On Scandinavian Currencies

Date 25/11/2021

Eurex has expanded its FX Futures coverage to the most heavily traded European currencies after GBP, CHF, and EUR. The derivatives trading arm of Eurex continues to develop into a liquidity hub covering major European currencies.

Take Off S.p.A. Lists On Euronext Growth Milan

Date 25/11/2021

• 32nd listing of 2021 on Euronext Growth Milan

• Take Off S.p.A. brings the total number of companies listed on Euronext Growth Milan to 163

• Total placement volume of the offering equal to €12.5 million

BME Admits ICO’s 500 Million Euro Eighth Social Bond

Date 25/11/2021

• The issue matures in April 2025 and will be used to finance positive impact projects of self-employed workers, SMEs and Spanish companies
• The volume issued was 2.5 oversubscribed, bringing the bond's yield down to -0.322%.
• With this placement, the volume of ESG bond issues in BME's fixed-income markets reached 93 billion euros.

BIS: Navigating By R*: Safe Or Hazardous?

Date 25/11/2021

Summary

Focus

The concept of the natural rate of interest, or r-star (r*), has risen to prominence in monetary policy following the Great Financial Crisis. R-star is the real (inflation-adjusted) interest rate that equilibrates output at potential, so that inflation is stable. How useful is this concept as a guide to policy?

FSB Commonwealth Of Independent States (CIS) Group Discusses Risks Relating To High Debt Levels And Crypto Assets

Date 25/11/2021

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Commonwealth of Independent States (CIS) held a virtual meeting today.

CryptoCompare Digital Asset Management Review - Bitcoin AUM Sees Largest Monthly Pullback Since July

Date 25/11/2021

Despite reaching new all-time highs on the 10th of November, both Bitcoin and Ethereum fell by 5.2% and 0.2%, respectively, in November (data up to 19th) - a slight correction following a strong October. 

“One Step Forward, One Step Back – MiFIR Review Proposal Risks Missing The Moment” - Substantive Changes Are Needed To Ensure The Legislative Package Published Today Does Not Risk Undermining The Capital Markets Union (CMU), Says The Federation Of European Securities Exchanges (FESE).

Date 25/11/2021

EU capital markets must remain competitive, geared towards financing the economic recovery, green transition and digital transformation. To achieve this, mobilising end-investors is necessary and requires a transparent, well-functioning and stable market. Equally, issuers need liquid markets that ensure low financing costs. Building an ambitious and effective CMU is therefore more important than ever.

Athens Stock Exchange Agreement Sign Off With Belgrade Stock Exchange

Date 25/11/2021

The Agreement for the provision of trading facilities by migrating Belgrade Stock Exchange's (BELEX) trading activities as Market Operator to the Trading platform of Athens Stock Exchange's (ATHEX) was signed today, November 25th, 2021.

Comment From Spectrum Markets On Extended Trading Hours Of European Exchanges

Date 25/11/2021

‘The recent announcements from the Spanish and German stock exchanges that they intend to extend trading hours is a welcome development that reflects the growing importance of retail investors, especially in Europe.