News Centre

Tradeweb: U.S. 3-Month Yield On Track For Largest Daily Drop Since October 2016 - U.S. 3-Month/10-Year Yield Spread Widens

Date 21/03/2018

Yields on 3-month and 10-year Treasuries have moved in different directions.

According to Tradeweb data:

New York Attorney General Schneiderman Announces $230 Million Settlement With UBS Over Misconduct Leading Up To Financial Crisis - Settlement Secures $189 Million In Consumer Relief For New Yorkers Impacted By The Housing Crash - $41 Million In Cash For New York State - Today’s Settlement Brings Total Cash And Consumer Relief Secured By AG Schneiderman In Aftermath Of Financial Crisis Up To $3.93 Billion

Date 21/03/2018

Attorney General Eric T. Schneiderman today announced a $230 million settlement with UBS in connection with the packaging, marketing, sale, and issuance of residential mortgage-backed securities (RMBS) to investors leading up to the financial crisis. The settlement includes $189 million worth of consumer relief for New York homeowners and communities and $41 million in cash to New York State.

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The March 20-21 FOMC Meeting

Date 21/03/2018

The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the March 20-21 meeting.

Federal Reserve Issues FOMC Statement

Date 21/03/2018

Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains have been strong in recent months, and the unemployment rate has stayed low. Recent data suggest that growth rates of household spending and business fixed investment have moderated from their strong fourth-quarter readings. On a 12-month basis, both overall inflation and inflation for items other than food and energy have continued to run below 2 percent. Market-based measures of inflation compensation have increased in recent months but remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.

Tradeweb: U.S. Treasury Volumes And TIPS Activity Increases On Fed And Inflation Reports In 2017 And 2018

Date 21/03/2018

Since the start of 2017, Tradeweb U.S. Treasury volumes have risen relative to average daily volumes (ADV) on the Federal Open Markets Committee (FOMC) statement and inflationary data releases (CPI, PCE, AHE), compared to levels from the first hike in December 2015 through the end of 2016 (the earlier part of the hiking cycle).

Mohammed bin Rashid Enacts New Laws Aimed At Improving and Expanding DIFC’s Private Wealth Management And Succession Planning Platforms

Date 21/03/2018

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum has enacted two new laws that aim to improve and expand the DIFC’s already successful private wealth management and succession planning platforms.

BME: TEMPORE PROPERTIES SOCIMI Receives Favourable Report From MAB

Date 21/03/2018

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on TEMPORE PROPERTIES SOCIMI, stating that it is eligible for admission to BME’s Growth Market (MAB) following a thorough review of all the information presented by the company.

ESMA Publishes Translations For Guidelines On Stress Tests Scenarios Under Article 28 Of The MMF Regulation

Date 21/03/2018

The European Securities and Markets Authority (ESMA) has issued today the official translations of its Guidelines on stress tests scenarios under Article 28 of the MMF Regulation.

CME Group Inc. Announces First-Quarter 2018 Earnings Release, Conference Call

Date 21/03/2018

CME Group Inc. will announce earnings for the first quarter of 2018 before the markets open on Thursday, April 26, 2018.  Slides and written highlights for the quarter will be posted on its website at 6:30 a.m. Central Time, the same time it provides its earnings press release.  The company will hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. 

ESMA Publishes Responses To Its Consultation On Draft RTS Under The New Prospectus Regulation

Date 21/03/2018

The European Securities and Markets Authority (ESMA) has published the responses received to its Consultation on draft RTS under the new Prospectus Regulation.