News Centre

ICE First Look At Mortgage Performance: Delinquencies Improve And Foreclosures Drop As Prepayments Rise Modestly

Date 21/03/2024

• The national delinquency rate eased to 3.34% in February, down 4 basis points (bps) from the month before and 11 bps lower than in February 2023
• While the number of borrowers one payment behind rose modestly by 10K, those 60 days late as well as those 90 or more days past due both fell to their lowest levels in three months
• Delinquency inflows rose 6.5% from January’s eight-month low, while rolls to later stages continued their recent improvement
• Serious delinquencies (loans 90+ days past due but not in active foreclosure) are down 103K (-18%) year over year, with the population now standing at 459K
• Representing 5.3% of serious delinquencies, February’s 25K foreclosure starts is the second lowest in the last twelve months
• The number of loans in active foreclosure fell -7K to 211K, remaining 25% (-72K) below pre-pandemic levels
• 6K foreclosure sales were completed nationally in February, a 9% decrease from the previous month and the second lowest level in the trailing 12-month period
• Prepayment activity rose 3 bps in February to a level not seen since October, as a brief dip in rates heading into the month provided a modest increase in refinance incentive

BME Hosts WFEClear 2024 In Madrid, The World's Largest Clearing Event With Representatives From More Than 44 Exchanges

Date 21/03/2024

• Javier Hernani, CEO of BME and Head of Securities Services at SIX, highlights SIX's commitment to leading the digital assets area
• The three-day event focused on issues such as the role of Central Counterparties, regulatory challenges and the role of DLT technology

UK Startup Ecosystem Stays Globally Prominent Despite YoY Dip In First Two Months Of 2024, Reveals GlobalData

Date 21/03/2024

Amidst a decline in year-on-year (YoY) startup venture capital (VC) funding, the UK’s entrepreneurial ecosystem remains resilient, retaining its influential position globally despite market fluctuations. With $1.4 billion raised across 152 deals in the first two months of 2024, the UK sustains its prominence in Europe's venture capital landscape, showcasing adaptability and enduring appeal amidst changing market dynamics, according to GlobalData, a leading data and analytics company.

London Stock Exchange Group Plc: Annual Report And Accounts, Notice Of Annual General Meeting, Sustainability Report And Related Documents

Date 21/03/2024

London Stock Exchange Group plc ("LSEG" or the "Company") announces that ahead of the Company's Annual General Meeting to be held on 25 April 2024 (the "AGM 2024"), the following documents are being mailed and made available to shareholders today, 21 March 2024:

Borsa İstanbul Announces The Constituent Changes To The BIST Stock Indices For The Second Quarter Of 2024

Date 21/03/2024

All changes will be applied after the close of business on Friday, March 29, 2024 and will be effective on Monday, April 1, 2024.

Testimony Of US Secretary Of The Treasury Janet L. Yellen Before The Committee On Finance, U.S. Senate

Date 21/03/2024

Chairman Wyden, Ranking Member Crapo, and Members of the Committee: Thank you for the invitation.

Bank Of England: Bank Rate Maintained At 5.25% - March 2024 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 21/03/2024

Monetary Policy Summary, March 2024

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 20 March 2024, the MPC voted by a majority of 8–1 to maintain Bank Rate at 5.25%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 5%.

Exchange Of Letters Between The Governor Of The Bank Of England And The UK Chancellor Regarding CPI Inflation - March 2024

Date 21/03/2024

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.

ESMA: T+1 Feedback Report Shows Mixed Impacts Of Shortening The Settlement Cycle In The EU

Date 21/03/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing feedback received to its Call for Evidence on shortening the settlement cycle. 

ACER Introduces The New ‘Central Europe’ Electricity Capacity Calculation Region

Date 21/03/2024

In November 2023, Transmission System Operators (TSOs) submitted to ACER their proposal to amend the definition of two European electricity Capacity Calculation Regions (CCR).