financial market Archives - The Industry Spread

Opinion still divided on the functioning of the fixed-income market

December 3, 2019

Opinion remains divided on how the fixed-income market is functioning, but more participants consider that the market generally functions poorly or very poorly than consider that it functions well. This is shown by the Riksbank’s Financial Markets Survey conducted in October

Eric J. Pan, Director of CFTC’s Office of International Affairs, to Leave the Agency

June 29, 2019

Since 2015, Pan has led the office that advises the Commission on all international regulatory initiatives, provides guidance regarding international issues raised in CFTC matters, represents the agency in international groups (such as the Financial Stability Board (FSB)), standard setting bodies (such as the International Organization of Securities Commissions (IOSCO)) and bilateral fora, and provides technical assistance to non-U.S. authorities.

LSEG Acquires Beyond Ratings to Integrate ESG Into Fixed Income

June 6, 2019

Beyond Ratings will sit within LSEG’s Information Services Division (ISD), which also includes FTSE Russell, and will operate as a contained business within the ISD. London Stock Exchange Group (LSEG) has acquired Beyond Ratings, a provider of smart data and analytics that integrates Environmental, Social and Governance (ESG) into fixed income.

Joint Forum of Financial Market Regulators Continues Work on Collaboration and Information Sharing at its Annual Meeting

April 22, 2019

The Joint Forum of Financial Market Regulators (Joint Forum) has concluded its Annual Meeting. The Joint Forum brings together members of the Canadian Council of Insurance Regulators (CCIR), the Canadian Securities Administrators (CSA), the Canadian Association of Pension Supervisory Authorities (CAPSA) and representation from the Canadian Insurance Services Regulatory Organizations (CISRO).  Representatives of the Financial Services Regulatory Authority of Ontario (FSRA) and the Mortgage Broker Regulators’ Council of Canada (MBRCC) also attended the meeting. 

ASX Letter to ASX Shareholder Half-Year 2019

March 29, 2019

On 14 February 2019, ASX Limited (ASX) announced a strong result for the first half of the 2019 financial year (the six months to 31 December 2018 – 1H19). Statutory profit of $246.1 millionwas achieved, up 6.8% – almost $16 million – or up 10.2% on a like-for-like accounting basis, compared to the same period last year. Each of our four businesses grew solidly, as did interest earnings, during a period of heightened volatility, emphasising the benefit of ASX’s diverse business model. 

DGCX Starts 2019 Strongly Amidst Continued Global Volatility

February 4, 2019

The Dubai Gold & Commodities Exchange (DGCX) has had its best start to a year on the back of continued global volatility, trading a total of 1.93 million contracts in January with a value of USD 38.09 billion, beating its previous best January recorded in 2018.