News Centre

CFFEX: Notice On Listing Of New Equity Index Futures And Options Contracts

Date 20/01/2023

• The IF2309 CSI 300 index futures contract is scheduled to be listed on January 30, 2023 at the listing benchmark price of 4204.2.
• The IC2309 CSI 500 index futures contract is scheduled to be listed on January 30, 2023 at the listing benchmark price of 6191.8.
• The IM2309 CSI 1000 index futures contract is scheduled to be listed on January 30, 2023 at the listing benchmark price of 6657.6.
• The IH2309 SSE 50 index futures contract is scheduled to be listed on January 30, 2023 at the listing benchmark price of 2854.2.
• The IO2304 series CSI 300 index options contracts are scheduled to be listed on January 30, 2023.
• The MO2304 series CSI 1000 index options contracts are scheduled to be listed on January 30, 2023.
• The HO2304 series SSE 50 index options contracts are scheduled to be listed on January 30, 2023.

New York Attorney General James And Multistate Coalition Secure $24 Million From Cryptocurrency Platform Nexo For Operating Illegally - New York To Receive $1.9 Million From Nexo For Failing To Register And Misleading Investors

Date 19/01/2023

New York Attorney General Letitia James and a multistate coalition today secured up to $24 million from cryptocurrency companies Nexo Inc. and Nexo Capital Inc. (Nexo) for engaging in the unregistered offer and sale of securities and commodities and for lying to investors about their registration status. Today’s agreement will resolve a civil lawsuit brought by the Office of the Attorney General (OAG) against Nexo in September 2022, as well as administrative actions by securities regulators in nine other states. Nexo will also be banned from the securities industry in New York for five years and must notify all its U.S. investors, including roughly 3,000 New Yorkers, to withdraw their assets from the platform. New York will receive more than $1.9 million from Nexo as part of today’s agreement.

Keynote Address By CFTC Commissioner Christy Goldsmith Romero At The Wharton School And The University Of Pennsylvania Carey Law School - Crypto’s Crisis Of Trust: Lessons Learned From FTX’s Collapse

Date 19/01/2023

It’s great to be back at school.  I served as an adjunct professor at Georgetown Law, teaching an advanced securities law and SEC class.  Over time, the focus of the class involved more cryptocurrency issues.  I then developed and taught a cryptocurrency regulation class at the University of Virginia Law School.

SEC: Nexo Agrees To Pay $45 Million In Penalties And Cease Unregistered Offering Of Crypto Asset Lending Product

Date 19/01/2023

The Securities and Exchange Commission today charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP). To settle the SEC’s charges, Nexo agreed to pay a $22.5 million penalty and cease its unregistered offer and sale of the EIP to U.S. investors. In parallel actions announced today, Nexo agreed to pay an additional $22.5 million in fines to settle similar charges by state regulatory authorities.

Deutsche Börse: Information Regarding Deletion Of Linde From The DAX

Date 19/01/2023

Qontigo’s global index provider STOXX Ltd. announces  that Linde plc will be deleted from the DAX index effective 27 February 2023. The reason for this is the company’s announcement related to the delisting of its ordinary shares from the Frankfurt Stock Exchange.

CME Group Announces Record Copper Options Open Interest As Participation Grows Across Base Metals

Date 19/01/2023

CME Group, the world's leading derivatives marketplace, today announced that open interest in Copper Options (HX) has reached multiple, back-to-back records, reaching 137,574 contracts on January 18, 2023. Average daily volume (ADV) across the company's Copper Futures and Options complex is at 131,466 contracts month-to-date, up 42% from full-year 2022 ADV. Copper Options ADV is at 12,513 contracts month-to-date, up 410% over last year.

Staying The Course To Bring Inflation Down, Federal Reserve Vice Chair Lael Brainard, At The University Of Chicago Booth School Of Business, Chicago, Illinois

Date 19/01/2023

Inflation has declined in recent months, which is important for American households, businesses, and consumers. Inflation is high, and it will take time and resolve to get it back down to 2 percent. We are determined to stay the course.

The Three-Stablecoin Problem - Kaiko Research: Deep Dive

Date 19/01/2023

Stablecoins are systemically important to cryptocurrency markets, both centralized and decentralized, but are facing ever-growing scrutiny both within and outside of the industry. In today’s deep dive, Kaiko explores the “three-stablecoin problem”, examining the interactions among BUSD, USDC, and USDT.

Record Clearing Volumes At LCH With Growth Across Services And Regions; Expansion Of Offering For The Uncleared Derivatives Market

Date 19/01/2023

• Record volumes registered across LCH clearing services including SwapClear, ForexClear, RepoClear, EquityClear and CDSClear, as well as at SwapAgent
• Expansion of offering for the uncleared derivatives market through acquisitions of Quantile and Acadia

BIS: The Bank Of Amsterdam And The Limits Of Fiat Money

Date 19/01/2023

Summary

Focus 

Fiat money is issued by decree, or "by fiat". Trust in fiat money is ensured through sound institutions, in particular central banks. Central banks work to maintain the value of the currency, often through measures on their own balance sheets. But what happens in the case of large losses? It is well known that central banks can operate with negative equity for a time, and many have done so in recent history. Yet there are limits, beyond which trust in fiat money falls away.