News Centre

FSB MENA Group Discusses Implementation Of The Global Framework For Crypto-Asset Activities And Lessons From 2023 Banking Turmoil

Date 06/02/2024

The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met today in Riyadh. The meeting, which was the group’s first in-person since the COVID-19 pandemic, was hosted by the Saudi Central Bank. The FSB Chair, Klaas Knot, joined RCG members for the meeting.

Readout: Third Meeting Of The Economic Working Group Between The United States And The People’s Republic Of China

Date 06/02/2024

The United States and the People’s Republic of China held the third meeting of the Economic Working Group (EWG) on February 5-6. This was the first meeting of the EWG in 2024 and its first meeting in China. 

Testimony Of US Secretary Of The Treasury Janet L. Yellen Before The Committee On Financial Services, U.S. House Of Representatives

Date 06/02/2024

Chairman McHenry, Ranking Member Waters, and Members of the Committee: Thank you for inviting me to testify.  

ESMA And National Competent Authorities: Requirements When Posting Investments Recommendations On Social Media

Date 06/02/2024

The European Securities and Markets Authority (ESMA) and National Competent Authorities are raising awareness of requirements established by the Market Abuse Regulation (MAR) which apply when posting investment recommendations on social media. They are also warning about the risks of market manipulation in such publications.

US Federal Bank Regulatory Agencies Seek Comment On Interagency Effort To Reduce Regulatory Burden

Date 06/02/2024

The federal bank regulatory agencies today announced their first of a series of requests for comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years to identify any outdated or otherwise unnecessary regulatory requirements for their supervised institutions.

The UK Listing Regime - Developments Since The UK Listings Review And Next Steps For Reform, Speech By Clare Cole, UK Financial Conduct Authority Director Of Market Oversight, At The Westminster Business Forum

Date 06/02/2024

Highlights

• Thriving capital markets are the cornerstone of a strong economy and can power sustainable growth. Many factors contribute to a company’s decision to list and an investor’s decision to invest.
• Our listing rules are only one part of the picture but we are doing our bit. We’ve set out our detailed proposals for reforms to the UK listing regime to encourage a more diverse range of companies to list and grow. 
• In parallel we’re working on proposed revisions to the UK’s prospectus and public offering infrastructure to make it easier to raise capital. 
• We are also refreshing the National Storage Mechanism, the FCA’s online archive of 3.9 million items of regulatory information, to make it more user friendly and help investors make informed decisions.
• Our proposals are the most wide-ranging reforms to the UK’s capital markets in over three decades, driving forward changes to attract the brightest and best companies and ensure investors have the information they need.  

Purdue University/CME Group Ag Economy Barometer: Weakened Commodity Prices Cast A Shadow On Farmer Sentiment

Date 06/02/2024

The most recent findings from the Purdue University/CME Group Ag Economy Barometer reveal a downturn in farmer sentiment at the start of 2024.

EEX Group Monthly Volumes – January 2024

Date 06/02/2024

EEX Group reports its January volumes with the following highlights:

• 2024 saw a dynamic start with the total monthly trading volume on global power markets of EEX Group at 938.4 TWh, a 45% increase year-on-year and a 21% growth compared to December 2023 (775.4 TWh).
• Volumes on the EPEX European power spot markets grew by 27%, reaching a record monthly level of 74.8 TWh, while European power derivatives volumes reported a remarkable 88% YoY expansion to 589.9 TWh. Several of the core power derivatives markets continued strong growth in January 2024, including records reported on the German, Spanish, Swiss, Dutch and Belgian markets.
• In addition, the Japanese Power Futures market registered a notable record monthly volume of 5.6 TWh, a doubling of levels in comparison to 2.8 TWh in December 2023, and almost one-third of the total trading volume for the full year of 2023 in only one month (18.3 TWh). It corresponds to a 357% growth compared to January 2023.
• EEX’s European natural gas markets comprising of both derivatives and spot markets rose by 2% compared to last year, with continued significant increases on the Czech (CZ VTP), and Italian (PSV) gas derivatives markets YoY. The latter, as well as the EEX Dutch TTF natural gas derivatives market (253 TWh) reported record volumes in trade for January 2024. 
• January 2024 recorded a significant growth also on EEX’s environmental markets in Europe with a 70% increase Year-on-Year, driven by the emissions futures, reaching 38.5 million tonnes of CO2. Nodal’s North American environmental markets posted a 166% growth YoY.
• EEX Group’s freight markets continued their growth on a month-on-month basis, with 102,406 lots registered in January 2024, compared to 80,022 lots in December 2023 (+28%). 

CME Group To Launch U.S. Corporate Bond Index Futures In Summer 2024

Date 06/02/2024

CME Group, the world's leading derivatives marketplace, today announced that its interest rate complex will expand in summer 2024 with the launch of U.S. Corporate Bond Index futures, pending regulatory review.

Tigress Financial Partners To Offer Co-Branded Access To The ICE TMC Bond Trading Platform

Date 06/02/2024

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Tigress Financial Partners, the nation’s only certified disabled and women-owned financial services firm, will provide a co-branded version of the ICE TMC bond platform to its network of dealers and investment managers.