News Centre

Federal Reserve Board Invites Public Comment On A Proposal To Automate Non-Merger-Related Adjustments To Member Banks’ Subscriptions To Federal Reserve Bank Capital Stock

Date 08/04/2021

The Federal Reserve Board on Thursday requested public comment on a proposal to automate non-merger-related adjustments to member banks' subscriptions to Federal Reserve Bank capital stock. The automated process would eliminate the need for member banks to file applications to adjust their stock subscriptions—except in the context of mergers—and would significantly reduce the annual reporting burden.

BME: The Pre-Market Environment Adds Axon Partners Group As A Partner

Date 08/04/2021

• Axon Partners Group will participate as a potential investor and partner introducing companies and will collaborate with BME Growth through training sessions
• There are already 17 companies and 18 partners that are part of this BME initiative aimed at companies looking to access financial markets

Joint IMFC And Development Committee Statement By US Treasury Secretary Janet L. Yellen

Date 08/04/2021

As we come together virtually this week, the challenges we face are historic.  Most immediately is the continuing COVID-19 pandemic, which has inflicted tragic loss of life and an economic crisis.  The crisis has exacerbated the trend of rising income inequality, raising concerns about a divergent path within and across countries.  We also face the existential threat of climate change.  We can only resolve these problems through strong international cooperation.  The Biden-Harris administration is committed to working with our partners, including the International Monetary Fund (IMF) and World Bank Group (WBG), to help the world emerge from this crisis, and set the stage for more inclusive, resilient, and sustainable growth going forward. 

CME Group To Launch Lithium (Fastmarkets) Futures On May 3

Date 08/04/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it will launch Lithium Hydroxide CIF CJK (Fastmarkets) futures on May 3, pending all relevant regulatory reviews. Lithium futures are designed to help market participants manage their battery metals risk, and they represent the latest tool the exchange has launched to help establish a forward curve for a key material in the green economy, joining the recent launch of CME Group's Cobalt Metal (Fastmarkets) futures.

ICE Announces That A Record 14,419 Murban Crude Oil Futures Contracts Traded On April 7

Date 08/04/2021

• 38,712 contracts traded in total on ICE Futures Abu Dhabi since launch
• 38 firms traded on IFAD since launch

ESMA Publishes Annual Peer Review Of EU CCP Supervision

Date 08/04/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its annual peer review report on the supervision of EU Central Counterparties (CCPs) by National Competent Authorities (NCAs). The Peer Review measured the effectiveness of NCA supervisory practices in assessing CCP compliance with EMIR’s requirements on liquidity stress testing.

CryptoCompare March Exchange Review: Institutional Traders Err On The Side Of Caution As Bitcoin Open Interest On CME Drops 15%

Date 08/04/2021

Trading remained active throughout March with Bitcoin reaching a new all-time high of $61,749 on the 13th. Spot volumes rose 9% to reach $3bn and derivatives volumes dropped 5% to $2.74tn.

ESMA Report Highlights Liquidity Concerns For Alternative Investment Funds

Date 08/04/2021

GRI And SASB Reporting ‘Complement Each Other’ - Practical Guide Shares Experiences Of Using Both Sets Of Standards Together

Date 08/04/2021

Joint research from the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) explores the experiences of companies that use the two sets of standards together to fulfil their reporting needs.

Commemorative Ceremony Held For Japan-China ETF Connectivity

Date 08/04/2021

On April 8, new ETFs were simultaneously listed under the Japan-China ETF Connectivity scheme established by Japan Exchange Group, Inc. (JPX), Shanghai Stock Exchange (SSE), and Shenzhen Stock Exchange (SZSE). JPX and Tokyo Stock Exchange, Inc. (TSE) held a commemorative ceremony for Japan-China Connectivity on the same day.