Biden Moves to Fill CFTC Vacancies – The Wall Street Journal
WASHINGTON—President Biden said he plans to nominate Rostin Behnam as chairman of the Commodity Futures Trading Commission and announced two additional picks to fill vacancies at the derivatives regulator. Mr. Behnam has served as a CFTC commissioner since 2017 and has run the agency as acting chairman since Mr. Biden took office in January.
Investment management firm Pretium jumps into legal finance – Reuters
New “legal opportunities team” led by Big Law alums to have broad focus Group will work with corporations, law firms (Reuters) – Pretium Partners LLC, an investment management firm that specializes in residential, corporate and structured credit, has launched a new legal investment group. New York-based Pretium has about $26 billion in assets under management, […]
Bitcoin price flirts with $40K, but derivatives data is still bullish – Cointelegraph
The price of Bitcoin (BTC) is facing an intense period of volatility since moving from a $52,950 top on Sept. 7 to a $42,800 low just two hours later. More recently, the $45,000 support was held for a couple of days despite being heavily tested, and this triggered a $3,400 up- and down-swing on Sept. […]
The 2021 ISDA interest rate derivatives definitions: Where the digital and derivatives worlds meet – JD Supra
On June 11, 2021, the International Swaps and Derivatives Association (ISDA) published the 2021 ISDA Interest Rate Derivatives Definitions (the 2021 Definitions), which will go into effect on October 4, 2021. Not only are the 2021 Definitions the first update to ISDA’s standard definitional booklet in 15 years, they also represent a shift in ISDA’s […]
Stock market news live updates: S&P 500, Dow rise after 5-session losing streak – Yahoo Finance
Stocks were mostly higher on Monday, with the major equity averages looking to recover some losses after five straight sessions of declines. The Dow added more than 200 points, or 0.6%, shortly after the opening bell before paring some gains. Shares of Apple (AAPL) led the way higher as the stock shook off losses from […]
Bitcoin futures go live on Eurex, the largest derivatives exchange in Europe – FinanceFeeds
The new futures contract has gone live, trades in Euros, and is physically delivered in BTCE, which is 100% backed by bitcoin. Eurex, the largest derivatives exchange in Europe, has introduced Bitcoin ETN Futures as the first step in Eurex’s portfolio of crypto derivatives. Bitcoin ETN Futures, which has been created and launched by Eurex, […]
Bovine Blood Plasma Derivatives Market is Estimated to Rise Profitably during the Foreseeable Future – BioSpace
Development in the healthcare sector has also been of the key focus in North American region. A similar growth and development is seen in the bovine blood plasma derivatives market that made North America a leading region. Presence of key players that are making constant efforts through research and development activities in this region is […]
OTC derivatives clearing: no turning back – Risk.net
Global regulators have been cajoling banks to clear more derivatives for years, but the response has not always been the one they expected. The turmoil that swept the derivatives markets early last year showed it’s in lenders’ own interest to have an extra layer of protection. While investors and companies got hit hard by bouts […]
Dentons Canada advises on expanded exemptive relief for trading in OTC derivatives – JD Supra
The Ontario Securities Commission, in a passport decision, has granted exemptive relief to Global Reach Financial Solutions Inc., a provider of foreign exchange risk management and payment services, from the dealer registration and prospectus requirements of securities legislation in connection with trades in over-the-counter (OTC) derivatives with permitted counterparties and eligible commercial hedgers (November 16, […]
MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance – Yahoo Finance
NEW YORK, Sept. 13, 2021 /PRNewswire/ — MonetaGo, a financial technology solutions provider, today announced a new platform to combat financing fraud in trade finance on a global level. The world of trade finance has repeatedly been the victim of duplicate financing fraud. In such cases, firms may secure financing in the country of origin, […]
