Stock market news live updates: Stocks extend losses as rate worries persist; Nasdaq erases 2.6%, Dow tumbles 540 points – Yahoo Finance
U.S. stocks got battered on Tuesday in a volatile start to the holiday-shortened trading week as rising bond yields, persisting rate pressures and an earnings miss by Goldman Sachs weighed on markets. The Dow Jones Industrial Average lost more than 540 points and the tech-heavy Nasdaq shed 2.6%, recording its lowest close since October as […]
ISDA derivatiViews: Developing Contractual Standards For Crypto Derivatives – Exchange News Direct
The extraordinary growth of crypto assets in recent years has become one of the defining features of modern finance. With a market value of around $3 trillion, this is now a well-established asset class that is increasingly attracting the attention of institutional investors and banks. As in any wholesale market, over-the-counter (OTC) derivatives have a […]
UK Financial Conduct Authority Confirms Approach to Supervision of Commodity Derivatives Position Limits Regime – JD Supra
The U.K. Financial Conduct Authority has published a statement confirming its approach to supervising commodity derivatives position limits. The statement follows the FCA’s Supervisory Statement on the operation of the Markets in Financial Instruments regime after the end of the EU withdrawal period published in December 2020 in which the regulator stated that until January […]
Survey: 70% of Mid-Market Finance Execs Reevaluating How They Close Their Books In 2022 – Business Wire
TORONTO–(BUSINESS WIRE)–Seven out of ten finance executives have reevaluated how their teams and technologies handle critical accounting processes in a distributed, post-COVID work environment. That’s among the key findings of an independent research study released today by Fluence Technologies, the only provider of purpose-built financial consolidation, close and reporting software for mid-market businesses. The Roadmap […]
Bitcoin May Soon Wake From Slumber, Derivatives Data Indicates – CoinDesk
Per Glassnode, bitcoin’s funding rates recently dipped to negative territory. This, coupled with high open interest, suggests leverage is skewed to the bearish side. So, if bitcoin continues to move sideways, the funding payment would become a burden for shorts, and they may decide to unwind their position, leading to volatility on the higher side.
Bitcoin May Soon Wake From Slumber, Derivatives Data Indicate – CoinDesk
Per Glassnode, bitcoin’s funding rates recently dipped to negative territory. This, coupled with high open interest, suggests leverage is skewed to the bearish side. So, if bitcoin continues to move sideways, the funding payment would become a burden for shorts, and they may decide to unwind their position, leading to volatility on the higher side.
