News Centre

Key Trends In The Size And Composition Of OTC Derivatives Markets In The First Half Of 2023

Date 07/12/2023

The latest data on over-the-counter (OTC) derivatives from the Bank for International Settlements (BIS) shows a rise in notional outstanding, gross market value and gross credit exposure of OTC derivatives during the first half of 2023 compared to the first half of 2022. The upswing was driven by growth in interest rate and foreign exchange (FX) derivatives amid rising interest rates for major currencies.

Remarks At Meeting Of The SEC Investor Advisory Committee, SEC Commissioner Hester M. Peirce, Washington D.C., Dec. 7, 2023

Date 07/12/2023

Thank you, Christopher [Mirabile].  Good morning and thank you to our assembled Committee members and panelists for your participation in this last gathering of the Investor Advisory Committee for 2023.  I appreciate the Committee’s hard work this year. Today’s agenda is an appropriate culmination of that work.

Alberta Securities Commission: New Advisory Committee To Foster Connection Between Technological Innovation And Securities Regulation

Date 07/12/2023

The Alberta Securities Commission (ASC) today announced the establishment of a new advisory committee that aims to ensure securities regulation considers existing and emerging technologies. The Technology and Innovation Advisory Committee will bring together experts and ASC staff to facilitate a better understanding of new technology and its application to the Alberta capital market.

Euronext Announces Volumes For November 2023

Date 07/12/2023

Euronext, the leading pan-European market infrastructure, today announced trading volumes for November 2023.

GPW: US Stock Segment Launches On GlobalConnect - First Stock, Tesla, Traded As Of 12 December

Date 07/12/2023

• Tesla, the global electric car manufacturer, will be listed on GPW’s foreign stock market GlobalConnect as of 12 December 2023
• Tesla is listed on the Nasdaq in New York and is part of the Nasdaq100 index
• Tesla’s listing on GlobalConnect opens the segment of US companies listed in Polish zloty on GPW
• The listing of Tesla’s shares on GlobalConnect has been initiated by the Introducing Market Maker - Santander Biuro Maklerskie
• The Financial Instrument Card for Tesla shares will be available on GlobalConnect: https://gpwglobalconnect.pl/Financial-Instrument-Card

BIS: Basel Committee Agrees To Consult On Targeted Revisions To Standards On Cryptoasset And Interest Rate Risk In The Banking Book And To Take Steps To Address Window-Dressing In Relation To The G-SIB Framework

Date 07/12/2023

• Basel Committee agrees to consult on targeted revisions to the standard on cryptoassets and a recalibration of the interest rate risk in the banking book standard.
• Decides to develop potential measures to address window-dressing behaviour by some banks in the context of the framework for global systemically important banks.
• Discusses risk management considerations associated with the transition to a low carbon economy and related physical risks.

BIS: Bank Transfers In Resolution – Practices And Lessons

Date 07/12/2023

Transfer transactions can be a useful tool in the resolution of failed banks. Their adoption in resolution can offer advantages in comparison with other strategies. Furthermore, a transfer is a flexible resolution tool that may be combined with others.

Improving Trust Amid Race In Technologies, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 07/12/2023

TECH advancements and increased interconnectedness offer many benefits to society. Whilst it poses new Cybersecurity risks and privacy threats. The world becomes chaotic when authentication techniques cannot discern what to trust or untrust. According to the World Economic Forum, “Zero Trust” is “a shift in the security approach on how to dynamically and holistically establish trust with an unknown, whether a human being or a machine”. Research suggests that the Zero Trust market is expected to grow from $31.1 billion in 2023 to $67.9 billion by 2028. So, let us review the historical developments of internet safety and envisage what is next in improving Trust amid the race in various technologies.

Prepared Remarks Before The Investor Advisory Committee, SEC Chair Gary Gensler, Washington D.C., Dec. 7, 2023

Date 07/12/2023

Good morning. I am pleased to speak with the Investor Advisory Committee. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff.

Vienna Stock Exchange: The Financial Community Has Voted: "Stagflation" Is The Stock Market Taboo Word Of 2023

Date 07/12/2023

The Austrian financial sector has made its choice: The stock market taboo word for 2023 is "stagflation". The combination of stagnation and inflation – i.e. rising prices coupled with little or no economic growth – struck a particular chord this year. Terms related to the price level – as well as inflation itself – were generally trending in this year's poll. For example, "deflation" and the buzzword "greedflation" were among the title contenders. The latter describes inflation driven by exaggerated price demands from companies. However, there is no evidence of this, as the Federal Competition Authority in the retail sector recently stated.