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US Federal Agencies Release List Of Distressed Or Underserved Nonmetropolitan Middle-Income Geographies
Date 24/06/2020
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2020 list of distressed or underserved nonmetropolitan middle-income geographies. These are geographic areas where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community development definition.
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ACER Publishes A Decision On New Rules For Optimising The Imbalance Netting Process
Date 24/06/2020
The European Union Agency for the Cooperation of Energy Regulators (ACER) publishes a decision in line with the EU Regulation establishing a Guideline on Electricity Balancing, which aims to integrate further the EU electricity balancing markets.
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Third Edition Of GPW Innovation Day
Date 24/06/2020
- The third edition of the GPW Innovation Day took place on 23-24 June 2020
- The event was the first fully online GPW Innovation Day
- More than a dozen innovative companies in the high-tech, health care, and gaming industries met with institutional and retail investors
- More than 1300 participants registered for the virtual meetings
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Hong Kong Monetary Authority And Hong Kong Securities And Futures Commission: Annual Update To The List Of Financial Services Providers Under The Clearing Obligation For OTC Derivative Transactions
Date 24/06/2020
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today issued joint consultation conclusions on the annual update to the list of Financial Services Providers (FSP List) (Note 1) under the clearing obligation for over-the-counter (OTC) derivative transactions.
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Hehmeyer Trading + Investments Rebrands As Hehmeyer - The Change In Branding Reflects The Firm’s Shift In Business To Algorithmic Trading And Market Making In The Digital Asset Space
Date 24/06/2020
Hehmeyer Trading + Investments, a Chicago-based trading firm, today unveiled its new brand, Hehmeyer. This rebrand coincides with the evolution and consolidation of the company’s business segments solely into algorithmic trading and market making in cryptocurrencies.
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BIS Encourages Central Banks To Continue Adapting To The Challenge Of Digital Payments
Date 24/06/2020
- Rapid reshaping of payment services requires central banks to keep evolving as they support the safety and integrity of the payment system.
- Changes are generating interest in central bank digital currencies (CBDCs), which deserve consideration as additional means of payment.
- Covid-19 has spurred contactless payments while highlighting shortcomings in payment systems, especially for the poor and unbanked.
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ETFGI Reports That ETFs And ETPs Listed In Europe Reported Net Inflows Of US$10.59 Billion During May 2020
Date 24/06/2020
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Europe reported net inflows of US$10.59 billion during May, bringing year-to-date net inflows to US$21.33 billion which is significantly less than the US$38.51 billion gathered at this point in 2019. Assets invested in the European ETFs/ETPs industry have increased by 4.6%, from US$928.33 billion at the end of May, to US$971.21 billion, according to ETFGI's May 2020 European ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
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New IRTI Report Highlights How To Tap The Potential Of Islamic Social Finance In The Maghreb
Date 24/06/2020
The Islamic Research and Training Institute (IRTI) today launched the Islamic Social Finance Report (ISFR) 2020 which focuses on the potential of Islamic social finance tools in reducing poverty levels and achieving other Sustainable Development Goals in the Maghreb. The report reveals that the Islamic social finance sector, comprising of zakah, awqaf (Islamic endowments), and Islamic microfinance, has huge potential that remains largely untapped in the region.
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Nasdaq Launches The Marketplace Services Platform - SaaS Platform Purpose-Built To Operate Marketplaces, Everywhere - Platform Also Offering The Digital Assets Suite To Support The Transaction Lifecycle Of Digital Assets And Tokenized Markets
Date 24/06/2020
Today, Nasdaq (Nasdaq: NDAQ) has announced the launch of the Marketplace Services Platform. The platform provides next-generation marketplace capabilities spanning the transaction lifecycle to facilitate the frictionless exchange of assets, services and information across various types of market ecosystems and machine-to-machine transactions, including, but not limited, to standard financial assets, tokenized assets, credit card receivables, loyalty points, real estate, insurance contracts, gaming and wagering and more. The already established universal marketplace services, which includes matching, risk management and market surveillance, will be accessible on the platform.
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IMF: Reopening From The Great Lockdown: Uneven And Uncertain Recovery
Date 24/06/2020
The COVID-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives, but also triggered the worst recession since the Great Depression. Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying in many emerging market and developing economies. Several countries have started to recover. However, in the absence of a medical solution, the strength of the recovery is highly uncertain and the impact on sectors and countries uneven.
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