News Centre

Wavecrest And MassMutual Ventures Up Investment In Tier1 Financial Solutions To Accelerate Development Of Integrated Customer Journeys

Date 04/01/2022

Tier1 Financial Solutions (“Tier1”), a leading provider of client relationship management (“CRM”) solutions, AML compliance and fraud prevention solutions, has received new equity financing from a group of investors led by Wavecrest Growth Partners (“Wavecrest”) and MassMutual Ventures. This latest investment in Tier1 will help drive the next generation of connectivity between compliance workflows and the customer experience – enabling Tier1 clients to create integrated, end-to-end journeys efficiently, cost-effectively and reliably for their customers.

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

Date 04/01/2022

As per the Securities market risk parameters methodology, on 04.01.2022, 17-55 (MSK) the upper bound of the price band (up to 1870) and initial margins (up to 26.25 %) for the security F-RM were changed. New values are available here

Trading Volume On Moscow Exchange Exceeds RUB 1 Quadrillion In 2021

Date 04/01/2022

In 2021, the total trading volume on the Moscow Exchange markets increased by 6.6%, reaching RUB 1.010 quadrillion for the first time ever.

Pico Acquires Redline Trading Solutions

Date 04/01/2022

• Transaction combines Redline’s award winning software solutions with Pico’s global ultra-low latency infrastructure and network underpinned by Corvil Analytics
• Transaction intended to accelerate Pico’s recurring revenue business, adding Redline’s 100% recurring revenue model, with significant opportunity to cross-sell solutions to Pico’s existing client base

Purdue University/CME Group Ag Economy Barometer: Farmer Sentiment Rises On Strengthening Current Financial Position

Date 04/01/2022

The Purdue University/CME Group Ag Economy Barometer rose for only the second time since May, up 9 points to a reading of 125 in December. The Index of Current Conditions and the Index of Future Expectations also rose this month with a stronger current conditions index primarily responsible for the barometer's rise. The December's Index of Current Conditions rose 18 points to a reading of 146, while the Index of Future Expectations rose 4 points to a reading of 114. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. This month's survey was conducted between December 8-14, 2021.

OCC Clears Record-Setting 9.93 Billion Total Contracts In 2021 - Securities Lending Average Daily Loan Value Hits Record $147.7 Billion - Highest December On Record For U.S. Listed Options

Date 04/01/2022

OCC, the world's largest equity derivatives clearing organization, announced today that it set new annual cleared contract volume records for the U.S. exchange-listed options industry. In 2021, OCC cleared 9.93 billion total contracts (options and futures) and 9.87 billion options contracts. These numbers surpass the previous records, set in 2020, of 7.52 billion total contracts and 7.47 billion options contracts. Compared to 2020, OCC had a 32.0 percent increase in total contracts cleared and a 32.2 percent increase in options contracts cleared.

Moscow Exchange: Risk Parameters Change For The Securities

Date 04/01/2022

The following risk parameters will be changed:

Solidatus Appoints Trio Of Industry Veterans To Bolster Leadership Team And Board

Date 04/01/2022

Solidatus, a leading data management technology firm, has announced a series of new hires to its leadership team that will play a vital role in the company’s growth and expansion. Louise Green has been named Vice President of Marketing, Simon Horrobin as Vice President of Product, and Alun Baker has been appointed Chairman of the Solidatus Board.

ICE Announces Launch Of Its Fixed Income Quotation Transparency Service - ICE Solution Can Help Customers Meet Requirements Under Recent SEC Rule 15c2-11 Amendments

Date 04/01/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of its leading-edge service that is designed to enable broker-dealers to meet the new requirements resulting from recent amendments to SEC Rule 15c2-11. The ICE solution helps broker-dealers obtain and review issuer information about fixed income securities before publishing or submitting a quotation in a quotation medium in accordance with the newly-updated rule and conditional relief provided in the SEC Staff’s December 16 No-Action Letter.

CME Group Reports 2021 Annual, Q4 And Monthly Market Statistics

Date 04/01/2022

• Overall ADV reached a record 19.6 million contracts in 2021, up 3% for the year and up 26% for both Q4 and the month of December
• Interest Rate futures and options ADV up 15% for the year, 56% in Q4, and 41% in December
• SOFR contracts saw triple-digit gains