News Centre

Iconomi Adds Real-Time Crypto Wallet Screening With New Elliptic Deal

Date 23/01/2023

ICONOMI, the FCA registered digital currency social investing platform that allows users to buy and sell crypto as well as mirror successful crypto strategies, has today announced a new deal with anti-money laundering (AML) and compliance specialists to the crypto industry, Elliptic.

ETFGI Reports The ETFs Industry In Europe Gathered US$ 6.30 Billion In December 2022

Date 23/01/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs industry in Europe gathered net inflows of US$6.30 billion during December, bringing year-to-date net inflows to US$88.95 billion. During the month, assets invested in the European ETF/ETP industry decreased by 1.8% from US$1.44 trillion at the end of November to US$1.42 trillion, according to ETFGI's December 2022 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

LCH CDSClear Goes Live With Clearing For 87 Single Name Constituents Of The CDX HY Indices

Date 23/01/2023

• LCH CDSClear has gone live with clearing for 87 Single Name constituents of the CDX HY Indices as it continues to grow its services globally 
  • Addition completes set of Single Name constituents of the CDX HY Indices
  • Enables customers to benefit from margining efficiencies by clearing CDX HY indices and their Single Name constituents as index basis packages
• Follows launch of other clearing services in 2022 which now include Single Name Sovereigns, client clearing of Credit Index Options, and additional Indices and their Singles Names covering Asia ex Japan, Australia, Western Europe, and Emerging Markets
• In 2022, the service registered a record €3.36 trillion in Index, Single Names and Options notional cleared, up 47% from 2021 (€2.28 trillion), including a record $124 billion in US Index and Single Names notional cleared

ESMA Analyses Preliminary Effects Of Market Correction Mechanism On EU Natural Gas Derivative Market

Date 23/01/2023

The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor, has today published its preliminary data report following the introduction of the market correction mechanism (MCM) in the EU Regulation.

2022 FESE Annual Statistical Review

Date 23/01/2023

Global Overview

2022 has been marked by slowing growth, inflationary pressures, rising interest rates and persistent geopolitical uncertainty. This has been translated into the mixed picture we see across asset classes and capital markets. FESE’s data confirms that, while trading in equity markets has remained stable, volumes in primary equity markets have declined. Conversely, derivatives trading has risen, especially in options and futures related to bonds, stocks, indexes and forex, excluding commodity derivatives. In a similar fashion, the bond and ETF markets performed well. Yet, UCITS activity showed decreases and securitised derivatives had mixed results.

London’s Financial Service Jobs Hit Five Year High

Date 23/01/2023

Key stats from Morgan McKinley’s 2022 London Employment Monitor:

• 36% increase in jobseekers for 2022 from 2021
• 16% increase in jobs available for 2022 from 2021
• 23% decrease in job seekers quarter-on-quarter (Q4 2022 vs Q3 2022)
• 8% decrease in jobs available quarter-on-quarter (Q4 2022 vs Q3 2022)
• 21% average salary change moving from one job to another in Q4 2022

The Rally Has Revealed A Very Polarised Investor, US Bearish, Europe Bullish - CoinShares: Fund Flows

Date 23/01/2023

• Digital asset investment products saw US$37m inflows last week, although this was predominantly into short investment products (68%).
• Regionally, opinion is very polarised. Inflows were seen in Europe, most notably Germany and Switzerland with US$14m and US$10m respectively.
• Hong Kong saw outflows from long investment products, while the 95% of the inflows into the US were into short-Bitcoin products.

SEBA Bank Launches An Innovative Offering - SEBA's New Offering Provides Scaled Benefits For Traditional And Crypto Investors, Simplifying Crypto Banking

Date 23/01/2023

SEBA Bank, a FINMA regulated, licensed digital assets bank, today announces an innovative offering for its clients. SEBA Bank is shaping the future of finance, simplifying crypto banking for its clients, whether traditional or crypto-savvy investors. Clients are the focus at SEBA. Become a client and discover first-class crypto banking.

FEAS Newsletter: December 2022

Date 23/01/2023

RegTech GSS Delivering Unique Industry Collaboration To Improve Compliance Standards

Date 23/01/2023

• GSS has raised over $45m / £37m in its initial funding round
• Major investors in the GSS platform include AlixPartners, The Cynosure Group, and MUFG
• Randal Quarles, chairman and co-founder of the Cynosure Group, former Vice Chairman of the Federal Reserve System and former Chairman of the Financial Stability Board has joined the GSS board
• William Langford, Global Head of Financial Crimes Compliance and Chief Compliance Officer for the Americas at MUFG, to serve as an observer to the GSS board