News Centre

FCMs Target Expansion And New Entrants Eye The Market As Interest Rates And Volumes Boost Revenues: Acuiti

Date 22/06/2023

Sell-side derivatives clearing firms are expanding their memberships and expecting more competition in the market as interest rate rises add hundreds of millions of dollars to global revenues, a study by Acuiti has found.

FSB Consults On Toolkit For Enhancing Third-Party Risk Management And Oversight

Date 22/06/2023

The Financial Stability Board (FSB) today published for public consultation a toolkit for financial authorities and financial institutions as well as service providers for their third-party risk management and oversight.

IOSCO World Investor Week To Focus On Investor Resilience, Crypto Assets, And Sustainable Finance

Date 22/06/2023

The International Organization of Securities Commissions (IOSCO) will celebrate its seventh annual World Investor Week (WIW), from 2 to 8 October 2023, although participating jurisdictions may choose any other week in October and/or November to conduct their WIW-related activities.

Statement Concerning Certain IAC Recommendations, SEC Commissioner Hester M. Peirce, June 22, 2023

Date 22/06/2023

I am sorry that I will not be able to attend this week’s Investor Advisory Committee (“IAC”) meeting.  I particularly would have liked to hear your discussion about the draft recommendations that you are planning to consider at the meeting.  Each of these recommendations addresses an important topic, but robust discussion should precede finalization of any of these recommendations.  I offer some questions for your consideration.

BaFin: Violation Of Prospectus Requirement: Performance To Go PLC Not Allowed To Publicly Offer Its “Pre-Market Cumulative Preferred Shares”

Date 22/06/2023

On 30 May 2022, the Financial Supervisory Authority (BaFin) prohibited Performance to Go PLC from publicly offering its “pre-market cumulative preferred shares” in Germany.

ETFGI Reports Actively Managed ETFs Listed Globally Gathered Net Inflows Of US$15.23 Billion During May

Date 22/06/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that actively managed ETFs listed globally gathered net inflows of  US$15.23 billion during May, bringing year-to-date net inflows to US$58.77 billion. Assets invested in actively managed ETFs increased by 1.3%, from US$547 billion at the end of April 2023 to US$554 billion, according to ETFGI's May 2023 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Exchange Of Letters Between The Governor Of The Bank Of England And The UK Chancellor Regarding CPI Inflation - June 2023

Date 22/06/2023

Exchange of letters between the Governor and the Chancellor

"New AI-Powered RFQ+ Protocol Launched By LTX, A Broadridge Company - Enhanced Version Of The Industry Standard RFQ Protocol Facilitates Larger Trades Using Patent-Pending Aggregation Capability

Date 22/06/2023

To better facilitate large trade sizes and reduce information leakage, LTX, a subsidiary of Broadridge Financial Solutions Inc. (NYSE: BR), today announced the launch of RFQ+, a patent-pending enhanced RFQ protocol that combines pre-trade dealer selection analytics with liquidity aggregation capabilities. RFQ+ builds on existing RFQ workflows and facilitates larger trades by aggregating multiple dealer responses for their desired amounts. RFQ+ was developed based upon client feedback as a complement to LTX's unique RFX protocol. Through RFQ+ and the recent launch of BondGPT powered by OpenAI GPT-4, LTX is driving innovation with the next generation of AI-enabled workflows.

Bank Of England - Bank Rate Increased To 5% - June 2023: Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 22/06/2023

Monetary Policy Summary, June 2023

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 21 June 2023, the MPC voted by a majority of 7–2 to increase Bank Rate by 0.5 percentage points, to 5%. Two members preferred to maintain Bank Rate at 4.5%.

NinjaTrader Offers MIAX SPIKES® Futures, Providing Opportunity To Take Positions And Manage Risk On Volatility - First Retail Futures Broker To Offer SPIKES Futures And First Broker To Provide Commission-Free Access

Date 22/06/2023

NinjaTrader Group, LLC, a global leader in futures brokerage and advanced technology for active traders through its NinjaTrader subsidiary, today announced that its retail-focused futures brokerage firm is the first to offer access to MIAX's SPIKES® Futures, which are traded and cleared on Minneapolis Grain Exchange (MGEX™), a subsidiary of Miami International Holdings, Inc. NinjaTrader is the first brokerage to offer the volatility products commission-free.