News Centre

CoinShares Research: Largest Weekly Outflows On Record Totalling US$255m - Fund Flows Report

Date 13/03/2023

• Digital asset investment products saw outflows for the 5th consecutive week totalling US$255m, the largest single weekly outflows on record representing 1.0% of total assets under management (AuM).
• AuM has fallen by 10% over the week, retracing back to levels seen at the beginning of 2023. The outflows have also wiped out all the inflows seen this year.
• Bitcoin, being the largest digital asset, was the primary focus, seeing outflows totalling US$244m last week. Short-bitcoin also saw outflows totalling US$1.2m.

ECB And The ESAs Call For Enhanced Climate-Related Disclosure For Structured Finance Products

Date 13/03/2023

The European Supervisory Authorities (ESAs), together with the European Central Bank (ECB), today published a Joint Statement on climate-related disclosure for structured finance products. The Statement encourages the development of disclosure standards for securitised assets through harmonised climate-related data requirements.

Avelacom Collaborates With The Tel Aviv Stock Exchange For Low Latency Trading Execution Services - Avelacom Sets Up In TASE’s Primary Data Center To Provide Connectivity, Colocation, Hardware-as-a-Service (HaaS) Solutions

Date 13/03/2023

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, today announces that it has increased its presence in Israel by partnering with the Tel Aviv Stock Exchange (TASE) and setting up a new point-of-presence (PoP) in TASE’s primary data center.

EU Completes 2,500 ETS Auctions Representing Over 6.7 Billion Tonnes Of CO2 Via EEX

Date 13/03/2023

Today, the European Energy Exchange (EEX) has successfully concluded the 2,500th EU ETS primary auction for EU emission allowances (EUA) and EU aviation allowances (EUAA) since they began in 2010. This milestone comes as the EU is set to roll out new rules to cut 62% of emissions for the covered sectors by 2030. As part of the 2,500 EU ETS auctions, Germany’s 750th successful primary market auction was concluded on 3 March 2023.

Eurex Clearing Supports Sustainable Transformation With New Innovative ESG Clearing Compass

Date 13/03/2023

• Eurex ESG Clearing Compass will include two services, the ESG Portfolio Assessment and the ESG Visibility Hub.
• Eurex Clearing is supporting sustainable transformation of clients by creating transparency regarding cleared portfolios and counterparties.
• Source of the data is ISS ESG, a globally leading provider of ESG data and analytics.

Saxo UK Teams Up With Moneyfarm To Launch Mutual Fund Portfolios For M&G Wealth &me Customers

Date 13/03/2023

• Saxo has been working closely with Moneyfarm since 2015
• Saxo adds mutual funds to its UK offering
• Saxo is a trusted partner that ensures timely delivery on client’s critical projects

Energy Market Price Discovery Platform Tallarium Secures $1.6m Investment From XTX Ventures And Reciprocal

Date 13/03/2023

• Investment will support ongoing product development for Tallarium’s energy market data and pricing platform
• Brings the total funding raised to $7m

DEWA Inaugurates Cyber Security Innovation Lab, Waee Cybersecurity Centre And Identity Intelligence Centre

Date 13/03/2023

Dubai Electricity and Water Authority (DEWA), in collaboration with Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital DEWA, the digital arm of DEWA, has inaugurated its Cyber Security Innovation Lab, the Waee Cybersecurity Centre and Identity Intelligence Centre. This is part of its efforts to build a safe, solid and reliable digital environment and support innovation in cyberspace. This enhances the integrated protection for all stakeholders against cybersecurity risks and ensures secure access to DEWA’s cyberspace, especially with the acceleration of digital transformation at DEWA and its wide adoption of smart technologies. 

ADNOC Gas Successfully Lists On The ADX In Abu Dhabi’s Largest-Ever Market Debut And The Largest IPO Globally To Date This Year

Date 13/03/2023

• ADNOC Gas completes its listing on the ADX, raising gross proceeds of approximately $2.5 billion (equivalent to approximately AED 9.1 billion).
• Based on the final offer price of AED 2.37 per share, ADNOC Gas’ market capitalization at the time of Admission is approximately $50 billion (equivalent to approximately AED 182 billion), making it the largest-ever listing on the ADX and the largest IPO globally to date this year.

CBDC Transactions To Exceed $213 Billion By 2030 Globally, As New Payment Models Accelerate Financial Inclusion

Date 13/03/2023

The new study from Juniper Research, foremost experts analysing the fintech & payments market today, found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This radical growth of over 260,000% reflects the early stage of the sector; currently limited to pilot projects.