News Centre

Remarks By US Secretary Of The Treasury Janet L. Yellen At Bilateral Meeting With The President Of Zambia Hakainde Hichilema

Date 23/01/2023

President Hichilema thank you for welcoming me to Lusaka today.

BIS: Signaling With Debt Currency Choice

Date 23/01/2023

Summary

Focus 

Many emerging market firms finance themselves with foreign currency debt. Yet foreign currencies, especially safe haven ones, appreciate against the local currency during downturns. This has been a recurring theme in emerging market crises. Corporate leverage and foreign currency borrowing, especially in US dollars, have increased in recent years, making the reasons for borrowing in foreign currency and associated risks important to understand.

FTT Returns From The Dead - Kaiko Research: Data Debrief

Date 23/01/2023

• Price Movements: BTC gained another 10% this week despite news that Genesis had filed for bankruptcy, with a reported $5bn in liabilities.
• Market Liquidity: Trade volume on the largest Asia-based exchanges fell to multi-year lows amid a tough regulatory environment in the region. 
• Derivatives: BTC open interest has dropped 25% as a short squeeze hits derivatives traders.
• Macro Trends: U.S. futures ETFs were more resilient than Canadian spot ETFs during the crypto winter.

Themis Successfully Closes Pre-Series A Funding Round

Date 23/01/2023

Award-winning digital financial crime platform Themis announces today that it has successfully overfunded in its latest Pre-Series A funding round, raising a total of £3.1m. This comes on the back of a successful seed round of £1.67m in 2021. The company is currently valued at £15.4m and is forecasting a robust growth as governments and regulators around the world crack down on AML failings and more and more companies recognise the importance of conducting comprehensive due diligence on their clients, suppliers and third parties. Themis reported a 57% growth in revenues in 2022 from the previous year.

Moscow Exchange Changes The Tick Size From The 1st Of February 2023

Date 23/01/2023

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 1st February 2023 in the following trading modes:

Bloomberg To Pay $5 Million For Misleading Disclosures About Its Valuation Methodologies For Fixed Income Securities

Date 23/01/2023

The Securities and Exchange Commission today announced settled charges against Bloomberg Finance L.P. (Bloomberg) for misleading disclosures relating to its paid subscription service, BVAL, which provides daily price valuations for fixed-income securities to financial services entities.

ICE Launches Carbon-Neutral U.S. Electricity Futures Index - Leverages Innovative Index Methodology From Carbon Neutral Investment Company

Date 23/01/2023

Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, today announced the launch of the first carbon-neutral U.S. electricity futures index. With the market focused on the build out of North American renewable generation and its impact on U.S. power prices, the ICE U.S. Carbon Neutral Power Index provides investors with a benchmark that contains exposure to the critical North American power markets.

Remarks By US Secretary Of The Treasury Janet L. Yellen At Bilateral Meeting With Minister Of Finance Of Zambia Situmbeko Musokotwane

Date 23/01/2023

Minister Musokotwane, thank you for welcoming me to Lusaka today.

ACER’s Preliminary Report On The Effects Of The Gas Market Correction Mechanism

Date 23/01/2023

Today, the EU Agency for the Cooperation of Energy Regulators (ACER) publishes its preliminary report on the effects of the market correction mechanism (MCM) and identifies its potential effects on energy markets and on security of supply.

FII Launches Consultancy Service

Date 23/01/2023

Financial Information Incorporated (FII), a leading global provider of domestic and international corporate actions and historical reference services, announced the launch of its Consultancy Service.