Dare County Finance Department recognized for excellence – The Coastland Times | The Coastland Times – The Coastland Times

Dare County Finance Department recognized for excellence Published 8:20 am Sunday, October 30, 2022 The Dare County Finance Department has been awarded the Certificate of Achievement for Excellence in Financial Reporting – the highest form of recognition in governmental accounting and financial reporting – by the Government Finance Officers Association for the 31st consecutive year. The […]

Libor demise and Brexit reshape derivatives market, says BIS – Reuters

LONDON, Oct 27 (Reuters) – Brexit and the demise of Libor are reshaping the world’s over-the-counter (OTC) interest rate derivatives market, where daily turnover totalled $5.2 trillion in April, down from $6.4 trillion in April 2019, the Bank for International Settlements (BIS) said on Thursday. “The most significant factor contributing to the decline in turnover […]

“We are seeing the next step in human evolution in finance.” – CTech

There is a struggle between two financial ideologies that seek to shape the future of money, says Meirav Harel, a member of the board of directors of Excellence Trade. She shares that we are witnessing the next stage of the evolution of finance, but it’s hard to predict which way the world will go. Harel […]

Why Trade Crypto Derivatives When You Can Trade Spot? – CoinDesk

Options contracts are similar but they provide the option, and not the obligation, to buy that asset in the future. For instance, the agreement might be: “You agree to sell me your bitcoin for $20,000 next June, if I want it at that time. If I don’t, you keep it.” Like futures contracts, options contracts […]

Finance of America Mortgage announces shutdown – HousingWire

Amid one of the most challenging mortgage markets since the great financial crisis, Finance of America Mortgage LLC (FAM) will shut down by the end of the year following its decision to exit the wholesale channel and the collapse of a forward retail deal with Guaranteed Rate earlier this month. The board of directors of […]

Government finance statistics: financial derivatives – Products Eurostat News – Eurostat – European Commission

The general government financial accounts cover transactions in financial assets and liabilities as well as the stock of financial assets and liabilities. Governments can engage in contracts called financial derivatives (e.g. forward contracts, futures, currency and interest rate swaps, options) to mitigate certain financial risks. In general, financial derivatives are instruments where the price is […]

World’s top finance firms continue to fuel deforestation, report warns – Reuters

Forestry, land use account for 23% of global emissions Finance to high-risk companies up over 60% from 2020 to 2021 Pulp in Indonesia, beef in Brazil among areas of concern Oct 18 (Reuters) – The world’s largest financial institutions increased their backing of companies in the agriculture, forestry and land use sectors most responsible for […]