Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • BIS: The CCP-Bank Nexus In The Time Of Covid-19

    Date 11/05/2020

    Key takeaways

    • During the Covid-19-induced financial turbulence, central counterparties (CCPs) issued large margin calls, weighing on the liquidity of clearing member banks.
    • In spite of the turbulence, CCPs remained resilient, as intended by the post-crisis reforms of financial market infrastructures.
    • Higher margins should be expected during heightened turbulence, but the extent of the procyclicality of margining is the consequence of various design choices.
    • Systemic considerations call to examine the nexus between banks and CCPs. Therefore, when thinking about margining, central banks need to assess banks and CCPs jointly rather than in isolation.

  • The Bitcoin Halving Is Just Hours Away: Data And Analysis From CryptoCompare

    Date 11/05/2020

    What is the Bitcoin Halving?

    Bitcoin is a revolutionary kind of asset. Entirely digital, and with no central authority in charge, it relies on consensus between everyone on the network to keep it running. Every 4 years, the Bitcoin network undergoes a momentous event known as the “halving.” When the pseudonymous creator of Bitcoin, Satoshi Nakomoto, constructed the Bitcoin network and protocol, he or she (or they) programmed it to include an ever-decreasing rate of new Bitcoins being supplied, with the total amount capped at 21 million bitcoins.

  • The Payment Initiation Service (PIS) Makes Its Debut In Italy With Illimitybank.Com Enabling Payments From Accounts Of Other Banks Consolidated On Its Platform

    Date 11/05/2020

    illimitybank.com, the illimity Group’s digital direct bank, is introducing the Payment Initiation Service (PIS) in Italy for the first time ever, a system which enables customers to make payments from accounts of other banks consolidated on its platform.

  • TheCityUK Sets Out Work To Recapitalise The Post-Covid-19 Economy

    Date 11/05/2020

    TheCityUK has today written to Bank of England Governor, Andrew Bailey, to share analysis on the potential level of unstainable debt held by UK businesses in light of the Covid-19 pandemic and set out its approach to finding industry-led solutions to recapitalise these businesses and support the economic recovery.

  • Federal Reserve Publishes Updates To The Term Sheet For The Municipal Liquidity Facility

    Date 11/05/2020

    The Federal Reserve Board on Monday published updates to the term sheet for the Municipal Liquidity Facility (MLF) to provide pricing and other information.