News Centre

Moscow Exchange: International Stocks To Start Trading In USD On 27 September

Date 09/09/2021

On 27 September 2021, Moscow Exchange will launch trading international shares with settlement in US Dollars.

Canoe Intelligence Completes Series A Extension Funding Led By Its Clients, Blackstone And Carlyle - Fintech To Use Funding To Accelerate Development Of Its Award-Winning Alternative Investment Document And Data Processing Solution

Date 09/09/2021

Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors, wealth managers, asset servicers, and capital allocators, today announced the completion of an oversubscribed extension of its Series A financing led by Blackstone Innovations Investments and Carlyle, with participation from existing investor Hamilton Lane.

Federal Reserve Board Issues Enforcement Action With Former Institution-Affiliated Party Of BNP Paribas

Date 09/09/2021

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

The Fed Takes On Corporate Credit Risk: An Analysis Of The Efficacy Of The SMCCF

Date 09/09/2021

Summary

Focus

We evaluate the efficacy of the Secondary Market Corporate Credit Facility (SMCCF), a programme implemented by the Fed to stabilise the US corporate bond market in the wake of the Covid-19 shock. The Fed announced the SMCCF on 23 March 2020 and expanded the programme on 9 April. We estimate the direct effects of the Fed's announcements on corporate bond prices and market liquidity measures using a matched sample of programme-eligible and ineligible securities. We also identify the Fed's actual purchases in the secondary market, which allows us to quantify the impact of the facility's purchases on credit and bid-ask spreads.

Bank Of Abyssinia – Ethiopia’s Leading Bank Partners With Xpert Digital To Implement Temenos Infinity And Create A Customer-Centric Digital Bank - Ethiopia’s Leading Bank Partners With Xpert Digital (XD) To Implement Temenos Infinity Digital Banking Platform For Retail And Corporate Banking

Date 09/09/2021

Bank of Abyssinia, Ethiopia’s leading and fastest-growing bank in the region, has announced its partnership with Xpert Digital (XD), a certified Temenos Professional Service Partner for the Middle East and Africa, to implement Temenos Infinity. XD will revamp the bank’s existing retail and corporate banking to offer feature-rich and innovative digital banking services for BoA’s customers across both segments.

Drawbridge Amplifies 2021 Success With Senior Strategic Hires - Deep Fintech Talent Added Across Multiple Areas As Company Continues Hyper Growth

Date 09/09/2021

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it has added three industry veterans to bolster its business development, strategy and operations teams. Drawbridge continues to invest in premier talent to drive exceptional customer service, meet new client and market requirements and continue to scale the business through a period of hyper growth.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Virtual Meeting With G7 Finance Ministers

Date 09/09/2021

Earlier today, U.S. Secretary of the Treasury Janet L. Yellen participated in a virtual meeting with the G7 finance ministers. Following the historic agreement by the G7 in June – which was later supported by 134 countries representing more than 90% of the world’s GDP – to rewrite the international tax rules to impose a global minimum tax on corporate foreign earnings, Secretary Yellen today expressed support for ongoing efforts to improve the international tax system and the importance of swift implementation of the new system. The new international tax system would meet the needs of the 21st century global economy by providing governments with resources to invest in their workers and economies, as well as improving the standing of U.S. businesses by leveling the playing field in which they compete.

Jos Dijsselhof, CEO SIX, Elected As The Chairman Of The Working Committee Of The World Federation Of Exchanges (WFE)

Date 09/09/2021

Jos Dijsselhof, CEO SIX, has been elected as the new Chairman of the WFE Working Committee at the Annual Meeting of the World Federation of Exchanges (WFE). The vote was unanimous. His period of office is two years.

Moscow Exchange: Risk Parameters Change For The Security WMB-RM

Date 09/09/2021

Please follow the links below to access the information:

Risk parameters change for the security WMB-RM
Risk parameters change for the security WMB-RM

DGCX Signs Strategic Mou With VFEX To Strengthen Commodities Trading Across Africa

Date 09/09/2021

• DGCX will extend technical support, knowledge, and skills to VFEX, with the aim of establishing an international commodities exchange in Zimbabwe
• DGCX will also support VFEX with the development of a clearing and settlement commodities exchange framework