Derivative trade in 7 agriculture commodities banned – The Indian Express

The Securities and Exchange Board of India (Sebi) on Monday banned the derivative trade of seven agriculture commodities on the future’s platform of National Commodities and Derivatives Exchange (NCDEX) for a year. The regulator has banned derivative contracts trade in chana, wheat, paddy (non-basmati), soyabean and its derivatives, mustard seed and its derivatives, crude palm […]

Derivatives Market Continues to Evolve – Financial Tribune

Iran Mercantile Exchange on Monday added three items to the repertoire of trading instruments of its derivative market.It launched copper futures and commodity-linked certificates of deposit for copper and rebar in a ceremony attended by the head of Securities and Exchange Organization Majid Eshqi, Economy Minister Reza Fatemi Amin and a group of lawmakers, the […]

ISDA derivatiViews: Next Steps For China’s Derivatives Market – Exchange News Direct

In recent years, Chinese authorities have made incremental progress in developing the country’s derivatives markets and removing barriers to international participation. In 2021, they took a major step forward with draft legislation that would recognize the enforceability of close-out netting. With this seismic development now within reach, it is time to consider what further steps […]

FASB ASU addresses supplier finance programs – Journal of Accountancy

FASB issued a proposed Accounting Standards Update (ASU) on Monday that is intended to help investors and other financial statement users better consider the effect of supplier finance programs on a buyer’s working capital, liquidity, and cash flows. The proposed ASU, Liabilities — Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations, would […]

Credit & Finance: An effective credit policy – Produce Blue Book – Produce Blue Book

Every credit department needs standards for setting credit and payment terms, and for what happens when payments arrive late. These policies are risk management tools and protect the company from customers that don’t pay on time or not at all. Appropriate policies should adhere to a company’s mission and goals, and address how credit will […]

Statement on supervision of commodity derivatives position limits – FCA

In December 2020, we published a Supervisory Statement setting out our approach to operating the MiFID markets regime after the end of the EU withdrawal transition period. This approach included a change to our supervisory and enforcement actions for commodity derivative position limits in the light of evidence of potential constraints on market functioning highlighted during the coronavirus (Covid-19) crisis. Liquidity providers’ ability to take on positions […]

Fantom DeFi Project Grim Finance Exploited for $30M – CoinDesk

“We inform you that our platform was exploited today by an external attacker roughly 6 hours ago. The attackers address has been identified with over 30 million dollars worth of theft here,” the project’s developers tweeted on Sunday morning. “The exploit was found in the vault contract so all of the vaults and deposited funds […]