An update for Derivatives – Lexology
Click here to listen to audio In this latest webinar in our IBOR Transition series, we will reflect on the impact of recent developments for derivative based products. Edmund Parker and Patrick Scholl will look at: How successful has the ISDA Protocol been? What does the FCA Announcement on the future cessation or loss of […]
Crypto derivatives exchange BitWell adds Alchemy Pay gateway – CryptoNinjas
BitWell, a crypto-asset derivatives trading platform, announced that it added the Alchemy Pay payment system. With the integration, BitWell now offers easy access to global payment channels such as Visa, PayPal, and Mastercard, providing users in over 65 countries and regions access to 300 fiat currency payment channels, as well as 20 digital currency payments, […]
Decoding Derivatives – Q1 2021 | Kramer Levin Naftalis & Frankel LLP – JDSupra – JD Supra
Europcar Drives CDS Down a Familiar Path When Europcar defaulted on its debt, buyers of approximately $100 million of credit default swap (CDS) protection expected significant payouts due to the anticipated low recovery on Europcar bonds and loans. However, a short squeeze in the CDS auction resulted in a CDS final price of 100, representing […]
Global Derivatives Cling to Libor Even as Its Finale Nears – Bloomberg
Anyone hoping Libor’s death notice would accelerate the shift of hundreds of trillions of dollars worth of derivatives toward replacement benchmarks will be sorely disappointed. In the U.S, just 4.7% of contracts traded in March were pegged to the Secured Overnight Financing Rate, or SOFR, the benchmark slated to replace the London interbank offered rate, […]
Transition to SORA: New Timelines to Cease Issuance of SOR Derivatives and SIBOR-linked Financial Products and Others – Lexology
Introduction To reinforce the shift to a Singapore Overnight Rate Average (“SORA“)-centered SGD interest rate landscape and provide additional guidance on cessation timelines, the Steering Committee for SOR & SIBOR Transition to SORA (“SC-STS“) published a report on 31 March 2021 (“Report“) announcing the following new timelines for financial institutions (“FIs“): FIs to cease usage […]
OTC derivatives and ESG finance – what role can they play? – Lexology
According to Bloomberg, in 2020, the global market for sustainable debt grew to $732bn, an increase of 29 per cent on 2019. A significant part of the market was the issuance of ESG (environmental, social and governance) linked bonds and loans. These are financing products where the economics of the transaction are in some way […]
Inflation, Stock Options and Crypto Derivatives in a Vol-Suppressed World – AlphaWeek
Imran Lakha of Options Insight joins Real Vision’s Jack Farley to make sense of a market that is becoming calmer day-by-day as measured by implied as well as historical volatility. They discuss the halting of the Johnson & Johnson vaccine distribution as well the release of the latest data on the Consumer Price Index, which, […]
Bitcoin Analysts Set Sights on $70K (Even $80K) After All-Time High – Yahoo Finance
Bitcoin’s (BTC) break to an all-time high above $63,000 has several analysts feeling bullish, with price targets at $70,000 or higher by next month. Risks remain, as some analysts choose to wait for confirmation of the breakout in price charts, especially with bullish positioning reaches extreme levels in the futures market. CoinDesk rounded up several […]
Biostage Reports 2020 Financial Results and Appointment of Interim Vice President of Finance – PRNewswire
HOLLISTON, Mass., April 13, 2021 /PRNewswire/ — Biostage, Inc. (OTCQB: BSTG) (“Biostage” or the “Company”), a biotechnology company developing next-generation bioengineered esophageal implants, today announced its financial results for the three and twelve months ended December 31, 2020. The Company also announced the appointment of Peter A. Pellegrino Jr. as Interim Vice President of Finance. Summary of Financial […]
U.K. Finance Regulators Seek ‘Ambitious’ Access to U.S. Markets – Yahoo Finance
TipRanks The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have […]