News Centre

Nusco S.p.A. Lists On AIM Italia

Date 04/08/2021

• Twentieth listing of 2021 on Borsa Italiana’s AIM Italia

• Nusco S.p.A. brings total number of companies listed on Borsa Italiana’s AIM Italia to 151

• Total placement volume of the offering equal to €4.6 million with listing

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Avacade Parties To Consider Appeal To Supreme Court Following Today's Ruling By Court Of Appeal In Favour Of UK Financial Conduct Authority

Date 04/08/2021

The UK Financial Conduct Authority has won its case against Alexandra Associates UK, trading as Avacade Future Solutions, after previous findings were upheld in the Court of Appeal.

The Avacade parties are now considering an appeal to the Supreme Court.

SOFR First Propels SOFR To 20% Market Share - Eris SOFR 14% Of 1-3y Swaps In July

Date 04/08/2021

• Driven by the SOFR First initiative recommended by the CFTC’s Market Risk Advisory Committee, last week SOFR swaps exceeded 20% of the DV01 traded among SOFR and USD Libor swaps, according to Clarus Financial Technology data
• By comparison, SOFR swaps accounted for just 3% of DV01 traded for the previous 60-day period leading up to July 25
• The jump in market share shows increased momentum toward meeting regulators’ goal of transitioning away from Libor by year-end
• “All firms should be moving quickly to meet our supervisory guidance advising them to end the new use of Libor this year,” said Federal Reserve Board Vice Chair Randal K. Quarles in a July 29 press release announcing ARRC’s formal recommendation of Term SOFR

Tradeweb Reports Volume Of $20.6 Trillion In July

Date 04/08/2021

• Average daily volume (ADV) for the month was $972.2 billion (bn), an increase of 34.2 percent (%) year over year (YoY). Average daily trades for the month totaled 58,916.
• In U.S. Credit, Tradeweb captured a record 9.9% share of High Yield TRACE, of which 6.4% was fully electronic. Activity was driven by record share in portfolio trading and Tradeweb AllTrade, with strong growth in both sessions-based and RFQ trading.

Synechron And Kasisto Partner To Humanize Conversational AI Customer Engagement For The Banking And Financial Services Industry

Date 04/08/2021

Synechron Inc., a leading digital transformation consulting firm focused exclusively on the financial services industry, and  Kasisto, the creators of KAI, the leading digital experience platform for the financial services industry, have partnered to deliver superior, future-forward client engagement solutions for financial institutions across the globe.

Talos Combines Crypto And FX With Latest Addition To Its Industry-Leading Digital Asset Execution Platform - Talos’s Synthetic Crossing Functionality Enables Institutional Clients To Reduce Execution Costs When Trading Any Non-USD Denominated Cryptocurrency Pair

Date 04/08/2021

Talos, a technology provider for the institutional trading of digital assets, today announced a new feature on its platform that allows its clients to define and trade synthetic pairs that include FX and crypto “legs.” As a result, Talos’s clients can now trade or provide prices in pairs like BTC-EUR by automatically combining the FX (ex. EUR-USD) and the digital asset (ex. BTC-USD) legs to derive a cross rate with a tighter spread.

U.S. Department Of The Treasury: Quarterly Refunding Statement Of Deputy Assistant Secretary For Federal Finance Brian Smith

Date 04/08/2021

The U.S. Department of the Treasury is offering $126 billion of Treasury securities to refund approximately $58.6 billion of privately-held Treasury notes and bonds maturing on August 15, 2021. This issuance will raise new cash of approximately $67.4 billion.

DTCC Launches Enhanced CDS Kinetics Platform To Provide Increased Transparency Into Credit Default Swaps Market - New DTCC Data Platform Will Offer New Insights Into Notional Outstanding, Net Notional And Trading Volume Metrics Along With Enhanced Analytics Capabilities

Date 04/08/2021

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of an enhanced DTCC CDS Kinetics platform to support growing demand for more transparency into the credit default swaps (CDS) market within the over-the-counter derivatives space.

Tehran Stock Exchange Bulletin, July 2021

Date 04/08/2021

Click here to download Tehran Stock Exchange's monthly bulletin.

Intercontinental Exchange Reports July 2021 Statistics - July ADV Up 33% y/y - OI Up 10% y/y

Date 04/08/2021

Intercontinental Exchange, Inc. (NYSE :ICE), a leading global provider of data, technology and market infrastructure, today reported July 2021 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.