News Centre

CCData Stablecoin & CBDCS Report - Stablecoin Market Cap Declines for 15th Consecutive Month

Date 21/06/2023

CCData's Stablecoins & CBDCs Report offers insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume, peg deviation and more.

Nadex Re-Lists Retail Sales Change Economic Event Contract

Date 21/06/2023

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.2(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”), Nadex self-certified the terms and conditions for its Retail Sales Change Event Contracts that the Exchange previously listed. These contracts will be listed on or after trade date May 15, 2023.

Municipal CUSIP Request Volumes Rise In May - CD Volumes Bounce Back

Date 21/06/2023

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for May 2023. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly increase in request volume for new municipal identifiers, while requests for corporate identifiers were largely flat month-over-month.

Nadex Re-Lists New Home Sales Economic Event Contract

Date 21/06/2023

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.2(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”), Nadex self-certified the terms and conditions for its New Home Sales Event Contracts that the Exchange previously listed. These contracts will be listed on or after trade date May 15, 2023.

ECB: International Use Of The Euro Was Resilient In 2022

Date 21/06/2023

• Euro remains second most widely used currency, amid geopolitical risks and high inflation
• Euro’s share at around 20% across various indicators of international currency use
• Euro’s global appeal linked to stronger Economic and Monetary Union

The Bank Of England’s Approach To Enforcement: A Decade In The Making − Speech By Oliver Dearie, Bank Of England, Head Of Enforcement And Litigation, Given At The Financial Services Lawyers Association, London

Date 21/06/2023

The Head of Enforcement and Litigation, Oliver Dearie, explains the rationale behind the changes proposed in our recent consultation paper on enforcement – CP9/23. 

Nadex Re-Lists Natural Gas Net Change Economic Event Contract

Date 21/06/2023

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.2(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”), Nadex self-certified the terms and conditions for its Natural Gas Net Change Event Contracts that the Exchange previously listed. These contracts will be listed on or after trade date May 15, 2023.

Truss Edge Launches App To Enhance Fund Strategy Performance

Date 21/06/2023

Safari has been designed to serve the needs of hedge funds and ETF managers. It provides unique oversight of daily operations and lets COOs monitor reconciliation checks and critical task status checks in real-time.

BaFin Imposes Coercive Fines On Defraq Ventures AG (Previously: VALENS Holding AG)

Date 21/06/2023

On 7 June 2023, the Federal Financial Supervisory Authority BaFin imposed coercive fines in the amount of 70,625 euros on Defraq Ventures AG (previously: VALENS Holding AG). In February 2023, BaFin had ordered VALENS Holding AG (today: Defraq Ventures AG) to comply with the financial reporting requirements under the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The company has failed to comply with this order.

Bank Of England: Financial Stability Risks From The Non-Bank Sector: Thinking System Wide − Speech By Lee Foulger, Given At Norges Bank Policy Conference

Date 21/06/2023

In recent years, a number of vulnerabilities in the system of market-based finance have crystallised, both globally and in the UK. Lee Foulger sets out the importance of the international work programme to enhance financial firms’ resilience. He then explains the importance of macroprudential regulators taking a ‘system-wide’ perspective to addressing risks to financial stability as well as the Bank of England’s plans to do so, via its system-wide exploratory scenario exercise.