News Centre

CME Group To Launch Euro-Denominated Bitcoin And Ether Futures On August 29

Date 04/08/2022

CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.

Bank Of England - Bank Rate Increased To 1.75% - August 2022: Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 04/08/2022

Monetary Policy Summary, August 2022

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 3 August 2022, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.5 percentage points, to 1.75%. One member preferred to increase Bank Rate by 0.25 percentage points, to 1.5%.

UK Parliamentary Group Announces Crypto Inquiry

Date 04/08/2022

The All Party Parliamentary Group (APPG) for the UK Crypto and Digital Assets sector has announced an inquiry into the UK’s growing cryptoasset industry.

CPMI And IOSCO Publish A Discussion Paper On CCPs’ Practices For Addressing Non-Default Losses

Date 04/08/2022

• CPMI and IOSCO seek input on discussion paper focusing on central counterparty (CCP) practices to address non-default losses (NDLs), such as losses from cyber attacks.
• As non-default events can threaten a CCP’s viability, CCPs need to have policies, procedures and plans to address NDLs if they materialise.
• The report seeks to advance industry efforts and foster dialogue on CCPs' management of potential losses arising from NDLs.

Singapore Prices S$2.4 Billion 50-year Inaugural Sovereign Green Bond - Public Offer Now Open For Individual Investors

Date 04/08/2022

The Monetary Authority of Singapore (MAS) today announced that Singapore’s S$2.4 billion inaugural sovereign green bond was priced at 3.04%.  S$2.35 billion of the 50-year bond (the “Aug-72 bond”) was placed with institutional and accredited investors.  The remaining S$50 million of the bond will be offered to individual investors, who may submit their applications from 9:00am on 5 August to 12:00 noon on 10 August 2022.

HKEX Monthly Market Highlights

Date 04/08/2022

Highlights

- Securities Market

• Market capitalisation was $35.9 trillion at the end of July 2022, a decrease of 8 per cent from $39.1 trillion at the end of June 2022.
• The average daily turnover of ETFs for the first seven months of 2022 was $9.7 billion, an increase of 49 per cent when compared with $6.5 billion for the same period last year.
• The average daily turnover of L&I Products for the first seven months of 2022 was $2.0 billion, an increase of 82 per cent when compared with $1.1 billion for the same period last year.

The Saudi Securities Clearing Center Company (Muqassa) And Securities Deppository Centre Company (EDAA) Announces The Approval Of The Amended Cash Market Clearing Procedures And The Amended Depository Centre Procedures

Date 04/08/2022

Securities Clearing Centre Company (Muqassa) announces that its Board has issued its resolution number (24-2022) dated 24/05/2022G approving the following:

Clearstream And Pirum Offer New Collateral Interoperability

Date 04/08/2022

Clearstream and the securities finance automation provider Pirum have extended their services to offer new collateral connectivity. This allows mutual clients to automate the calculation, matching, submission and validation of collateral requirements and allocations for securities lending, repo and OTC derivative transactions. The extended connectivity assists clients with agreeing collateral on a real-time basis, reducing collateralisation timeframes and increasing efficiencies along the value chain, from improving settlement rates and reducing fails and SDR penalties to optimising collateral more efficiently.

Japan Financial Services Agency: Sustainable Finance

Date 04/08/2022

Constructing a sustainable society is a major challenge of our society today. The adoption of the Sustainable Development Goals (SDGs), the Paris Agreement and other important milestones has shown that it is essential to promote sustainable finance, which encourages the society to transit to new industrial and social structures and realizes a sustainable society.

Shanghai International Energy Exchange Has Announced Its Circular On Releasing The Revised Articles Of Association Of Shanghai International Energy Exchange Co., Ltd

Date 04/08/2022

Shanghai International Energy Exchange has announced its Circular on Releasing the Revised Articles of Association of Shanghai International Energy Exchange co., Ltd as follows: