Stock market news live updates: Wall Street rocked by new COVID variant fears, Dow plunges over 900 points – Yahoo Finance
U.S. stocks plunged on Friday, with global markets rattled by a new coronavirus variant discovered in South Africa, which fanned concerns that new growth-crushing lockdowns could be imposed if the variant spreads widely. Trading volumes were low due to the Thanksgiving holiday in the U.S., which may have exacerbated the volatility. However, major benchmarks fell […]
Bitget’s First KCGI Competition Successfully Concluded as a Top Event in Crypto Derivatives Trading Field – bitcoinist.com
The first KCGI held by the derivatives exchange Bitget has just come to an end. According to its official announcement, a total of 7,467 trading enthusiasts from around the world joined the game to compete for the prize. Among them, 5,351 individuals played in the Individual Competition and 67 teams participated in the Team Battle. […]
China says it will expand scope of banks’ forex derivatives business – Reuters
BEIJING, Nov 26 (Reuters) – China’s foreign exchange regulator said on Friday it would expand the scope of banks’ foreign exchange derivatives business. Qualified banks could provide derivatives services between yuan and foreign currencies to cooperative banks, including forward settlements and currency swaps, the State Administration for Foreign Exchange (SAFE) said in a notice on […]
China says it will expand scope of banks’ forex derivatives business – Regina Leader-Post
Article content BEIJING — China’s foreign exchange regulator said on Friday it would expand the scope of banks’ foreign exchange derivatives business. Qualified banks can provide derivatives services between yuan and foreign currencies to cooperative banks, including forward settlements and currency swaps, it said. (Reporting by Kevin Yao and Beijing newsroom, Editing by Timothy Heritage)
UK Looks To Align Derivatives Rules With Global Standards – Law360
By Najiyya Budaly (November 26, 2021, 11:44 AM GMT) — Britain’s finance watchdogs have proposed changes to the way in which traders report derivatives transactions to trade repositories as the country seeks to align itself with international standards after leaving the European Union’s regulatory hold. The Financial Conduct Authority and the Bank of England have […]
