First Derivatives VCCircle / Sep 17, 2020
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VCCircle
First Derivatives Lexology / Sep 17, 2020
1. The end of LIBOR is approaching. Panel banks may cease to make submissions as of the end of 2021 and LIBOR benchmarks may cease to be representative soon thereafter as a result. 2. For transactions with a term beyond 2021, in order to achieve a predictable outcome and avoid litigation risks, parties should incorporate fallback clauses into the contracts.
LIBOR Transition for Derivatives
Lexology
First Derivatives Nasdaq / Sep 17, 2020
Every time the Federal Reserve meets, it’s important to remember the only real monetary policy tradition at the 107-year-old institution is that a bunch of people will get together and talk about markets and the economy and decide what to do next.
First Derivatives The Economist / Sep 17, 2020
I N TROUBLED TIMES people take comfort in the familiar. Covid-19 has upended many things, but tech-stock prices have proved impressively invulnerable. The Nasdaq, a tech-heavy stock index, has leapt by 25% since the beginning of 2020, taking its total rise over the past decade to over 400%.
How does today’s tech boom compare with the dotcom era?
The Economist
First Derivatives Exchange News Direct / Sep 17, 2020
The FTSE Chinese Government Bond Index (CGBI) will serve as the basis of China’s first onshore Bond ETF listed in Singapore Trading starts on 21 September on Singapore Exchange (SGX) Strong investor interest in CSOP Asset Management’s new ETF resulted in US$ 676 million [initial] seeding at the end of the subscription period China is world’s second largest bond market with c.$15 trillion [issued]
First Derivatives S&P Global / Sep 17, 2020
The ESG Insider newsletter compiles news and insights on environmental, social and governance developments driving change in business and investment decisions. Subscribe to ourESG Insider newsletter, and listen to the latest ESG Insider podcast onSoundCloud,SpotifyandiTunes. A new report commissioned by the U.S.
S&P Global
First Derivatives Deccan Herald / Sep 17, 2020
Investment through participatory notes (P-notes) in the domestic capital market surged to over Rs 74,000 crore till August-end, making it the highest level in 10 months. This marks the fifth consecutive monthly rise in the investment through the route, also signalling at growing confidence of foreign portfolio investors (FPIs) in the local market.
Deccan Herald
First Derivatives Euromoney magazine / Sep 17, 2020
Hong Kong is amid a perfect storm of difficulty. As if a global pandemic was not enough to deal with, the city state also has to deal with local unrest and the geopolitical tensions between the two markets that matter most to its economy, mainland China and the US.
Euromoney magazine
First Derivatives citywireselector.com / Sep 17, 2020
Edmond de Rothschild Asset Management has been handed an administrative fine by Luxembourg's financial authority, the Commission de Surveillance du Secteur Financier. As first reported by Newsmanagers, the CSSF has sanctioned the fund house with a €20,000 administrative fine for failure to comply with reporting obligations.
Edmond de Rothschild AM fined by Lux regulator over reporting
citywireselector.com
First Derivatives cgtn.com / Sep 17, 2020
Egypt reported 160 new COVID-19 infections late on Wednesday, bringing the total cases registered in the country to 101,500. Meanwhile, 17 patients died from the novel coronavirus on the same day, raising the death toll to 5,696, while 804 others were cured and discharged from hospitals, increasi
cgtn.com
First Derivatives iGaming Business / Sep 17, 2020
Spread betting and contracts for difference (CFD) provider IG Group said high levels of trading activity among existing clients and new customer growth helped grow revenue 61.9% year-on-year in the first quarter of its fiscal year.
IG Group hails 'outstanding' Q1 as revenue rises 61.9%
iGaming Business
First Derivatives Moneylife / Sep 17, 2020
Edelweiss Custodial Services Ltd (ECSL) allegedly sold Rs420 crore of clients' shares, mutual funds and securities from 9th March to 7 May 2020, without first seeking additional cash collateral or encashing the bank guarantee (BG) available with it, alleges Paresh Mulji Kariya, promoter of the failed Anugrah Share & Brokers Pvt Ltd (Anugrah) in a court affidavit
First Derivatives Crypto Briefing / Sep 17, 2020
Share this article Cryptocurrency and derivatives exchange Phemex has listed seven new perpetual contract trading pairs: ADA/USD, ALGO/USD, COMP/USD, DOT/USD, LEND/USD, YFI/USD, BCH/USD. Each pair is a linear contract quoted and settled in USD that can be traded with up 20x leverage . Six of these coins are exciting DeFi projects carefully selected by the Phemex team.
Crypto Briefing
First Derivatives Finance Magnates / Sep 16, 2020
Technology provider, First Derivatives (FD) announced on Wednesday the addition of Steve Fisher to the Group's board of directors as a non-executive member. He is an expert in the technology arena and is bringing over two decades of experience to the table.
Former eBay CTO Steve Fisher Joins First Derivatives’ Board
First Derivatives The TRADE News / Sep 16, 2020
Clearing house LCH has cleared the first Israeli Shekel-denominated interest rate swaps with Citi and Israel's Bank Leumi. LCH said Citi and Bank Leumi were among the first to clear a derivatives trade denominated in Israeli Shekel. Alongside Citi, Goldman Sachs, HSBC, and JP Morgan are also supporting the clearing of Israeli Shekel swaps.
The TRADE News
First Derivatives The Market Correspondent / Sep 16, 2020
The Triennial OTC Derivatives Market Report 2020 supplies a thorough opinion, clarify the segments on the industry scope and also the market enlarged insights and forecast by 2026. It shows market statistics according to industry drivers, restraints and chances, and examines the Triennial OTC Derivatives industry status, the business share, size, prospective trends and growth rate of the market.
First Derivatives Securities Lending Times / Sep 16, 2020
Tel Aviv-based Bank Leumi and Citi were among the first parties to clear a derivatives trade denominated in Israeli shekel. Citi is the executor for the launch of shekel clearing at LCH. J.P. Morgan, Goldman Sachs, Citi and HSBC are also signed up to act as clearing brokers to support Israeli shekel swaps.
LCH clears first Israeli shekel interest rate swaps
Securities Lending Times
First Derivatives eFinancialCareers / Sep 16, 2020
Another senior equity derivatives professional from Société Générale has been rehoused elsewhere. Tim Scanlon, the former head of equity derivative flow sales at SocGen in New York has joined Jefferies as a managing director. Scanlon left SocGen on August 26 according to his FINRA registration. He joined Jefferies on September 9.
Jefferies hired a top equity derivatives salesman from SocGen
eFinancialCareers
First Derivatives ShareCast / Sep 16, 2020
Under the existing transition arrangements, from 1 January lenders inside the European Union would be barred from using the services of the London Stock Exchange or ICE Clear Europe. However, the EU is planning to extend that authorisation for a further 18 months, Reuters reported citing a draft proposal from the EU.
ShareCast
First Derivatives PRNewswire / Sep 16, 2020
