News Centre

Transcript Of Press Conference From US Secretary Of The Treasury Janet L. Yellen In Bonn, Germany

Date 18/05/2022

Thank you for being here. This has been a very productive week already, and I am looking forward to the G7 Ministerial here in Bonn this week. First, I’d like to thank Minister Lindner for his leadership.

BIS: Banking In The Shadow Of Bitcoin? The Institutional Adoption Of Cryptocurrencies

Date 18/05/2022

Summary

Focus

The market capitalisations of cryptocurrencies and related economic activities have grown phenomenally in recent years. While the role of retail investors has received much attention, we know less about the role of financial intermediaries in this sector. How significant is the presence of traditional intermediaries such as banks and investment funds in crypto markets, and what motivates them to take on cryptocurrency exposures? And how important are novel intermediaries such as crypto exchanges?

ACER To Decide On The Swedish TSO’s Request For Derogation From 70% Requirement

Date 18/05/2022

The Swedish regulatory authority (Ei) received an application from the Swedish TSO (SvK) for a derogation from the minimum capacity available for cross-zonal trade (‘70% requirement’) for electricity interconnections between the Finland – Sweden 3 and Denmark 1 – Sweden 3 bidding zones for the year 2022.

ESMA Publishes Ex-Post Analysis Of Derivatives Risks In Archegos

Date 18/05/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is today publishing a study showing how regulatory reporting data can be used to identify risks in derivatives markets, such as occurred in the case of Archegos.

BIS: Commodity Market Disruptions, Growth And Inflation

Date 18/05/2022

Key takeaways

• Higher commodity prices will erode global growth, as the modest growth boost for commodity exporters will only partly offset the output losses of commodity importers.
• Rising commodity prices will also intensify global inflationary pressures. The effects will be strongest for food and energy prices, but spillovers to other components of inflation are likely.
• Recent shocks have been smaller than the 1970s oil shocks but broader-based, encompassing food and industrial commodities as well as energy. Nonetheless, structural changes, as well as stronger policy frameworks and nominal anchors, make stagflation less likely to return.

Shannon Anastasia Johnston New To The Supervisory Board Of Deutsche Börse AG - Voting Results From Today's Annual General Meeting Available

Date 18/05/2022

At today's Annual General Meeting, the shareholders of Deutsche Börse AG elected Shannon Anastasia Johnston as a shareholder representative to the Supervisory Board. She succeeds Karl-Heinz Flöther, who has resigned from his mandate and left the board after ten years.

EEX Japanese Power Market Reports Sustainable Organic Growth 2 Years After Launch

Date 18/05/2022

Today marks the second anniversary of EEX’s product launch for the Japanese Power Derivatives market. Since launch in May 2020, EEX’s Japan Power product suite, which includes power futures for the regions Tokyo and Kansai, is now firmly established as the benchmark contract in Japanese power trading, backed by the continuous support from the local trading community and international market participants.

Talos Expands Team With APAC Sales, EMEA Engineering, And Global Marketing Hires - Leading Digital Asset Technology Provider Accelerates Global Growth With Key Hires

Date 18/05/2022

Talos, the industry’s leading institutional digital asset trading technology provider, today announced four new key hires: Pamela Lee as Head of APAC Sales, Karan Dalwani as Director of Customer Success for APAC, Phillip Beasley-Harling as VP of Engineering for EMEA, and Conor Shea as Head of Marketing and Communications. These appointments come on the heels of the company’s $105 million Series B funding round, which valued Talos at $1.25 billion.

Tehran Stock Exchange: Abyek Cement Co. Went Public

Date 18/05/2022

A new company was listed on Tehran Stock Exchange (TSE): Abyek Cement Co. made stock market debut on Wednesday, 18 May 2022.

Trading Venue Perimeter: Whose Interest Being Protected Under ATS Reform? By Kelvin To, Founder And President, Data Boiler Technologies

Date 18/05/2022

Do market participants need better ability to evaluate potential conflicts of interest of multilateral trading venues? No. Market participants are not “Cops” to regulate trading venues, the Securities and Exchange Commission (SEC) is. The public relies on market regulators and Self-Regulatory Organizations (SROs) to assure that they are not scammed in the open market. Such a market is called the Exchange. Otherwise, civilians are left with reading all the “small print” (Form ATS, ATS-N, ATS-R, ATS-G and other enhanced disclosures) on their own and taking risk engaging with a trading partner or counterparties. These are called bilateral deals or multilateral trade agreements. The trade terms and corresponding recordkeeping are subject to privacy protection. Regulators should refrain from intervening legitimate private practices.